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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.


OTCPK:NEPTF - Post by User

Neptune Wellness Solutions Inc > Q1 2021 revenue growth expected up YOY 300-400%!
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Comment by seanj1on May 18, 2020 10:46am
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Post# 31041955

RE:RE:Q1 2021 revenue growth expected up YOY 300-400%!

RE:RE:Q1 2021 revenue growth expected up YOY 300-400%!Annual revenues are expected to increase to approximately $90 millions based on upcoming 1Q results. This is if they become stagnant and don't do anything extra as far as new products or markets. We know that is not the case and Neptune is in the process of getting into household market and contracts with CPG companies. They have been holding back naming these CPG companies but I think we will get some indications before Q report. Neptune is not just an extraction company and B2B anymore, and lots happening... "First quarter fiscal 2021 revenue growth is expected to accelerate significantly, reflecting YOY growth of 300% to 400% to approximately $18 million to $22 million Fiscal 2020 revenue is anticipated to increase 15% to 21% to approximately $28.0 to $29.6 million from $24.4 million in the prior year"
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