Neptune Wellness Solutions Inc NEPTF

Consumer Defensive Household & Personal Products

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and beverage brands, such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. Its main brand units are nutraceuticals and organic foods and beverages. The Company sells its nutraceutical products mainly in bulk soft gels or liquids to multiple distributors and customers, who commercialize these products under their private label. The Company, through its Sprout subsidiary, sells its organic foods and beverages products to mass retailers, grocery stores and other retail outlets, as well as online through e-commerce sites and its own Website.

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Neptune Wellness Solutions Inc

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Post by gwrbion May 21, 2013 7:28pm

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Post# 21429684

Year end results

Not sure why or how, but Neptune's year end results are already on Edgar.com.

Not bad results to Feb 28/2013, even though no plant production from Nov. 8 onwards. Still somehow generated $4.6M in revenue in Q4, but no margin, via sourcing of 'commodity krill oil'. However, still very strong liquidity.

Still generated $26M in annual sales, up 35% over prior year. Ended the year with $29M in cash.

No update yet on cause or timing for new production plant.

https://archive.fast-edga r.com/20130521/AabrsHnav-dJGoiGXTIL-j-mESoX/

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