$ELMT expected to make record rev Earlier this week Element Nutritional Sciences Inc. ($ELMT.c $ELNSF) reported preliminary financial results for Q1 2022 that shows the company is expected to make record revenue.
$ELMT's Q122 revenue is expected to be between $2M-$2.3M representing a 521% YoY growth rate. Its gross margin is expected to be between 35% and 40%.
Insiders say that $ELMT's growth is largely attributable to how the company significantly expanded its distribution footprint.
After an overall green week, $ELMT is trading slightly down @ $0.245
MC is $23.661M
https://ca.finance.yahoo.com/news/element-nutritional-sciences-report-record-050000550.html