Recently, Step One Clothing (ASX:STP) announced its financial year earnings.

The revenue posted was A$65.2 million, which marked a decrease of 9.7% from the previous year.

The company also revealed a statutory EBITDA of A$12.0 million, a notable turnaround from last year’s loss of A$0.3 million.

In addition, shareholders are set to receive a dividend of 5 AU cents per share.

Step One Clothing is primarily engaged in the design and retail of innovative men’s underwear.