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Else Nutrition Holdings Inc T.BABY

Alternate Symbol(s):  BABYF | T.BABY.WT.A

Else Nutrition Holdings Inc is an Israel-based company active in field of food manufacturing. The Company focuses on research, development, manufacturing, marketing and sale of innovative plant-based food and nutrition products and also maintain feeding accessories products to infants and dried food snacks.


TSX:BABY - Post by User

Post by DDGuy3040on May 15, 2024 9:33am
78 Views
Post# 36040825

Sales are way down and one should stay away from this POS

Sales are way down and one should stay away from this POS2024 First Quarter Financial Results

All figures are in CAD unless otherwise indicated.
 -- Revenue for Q1 2024 decreased approximately 27% to $2.1 million compared to $2.9 million for the same period last year. This decrease was primarily due to delays in shipments of products to retailers. -- Operating expenses for Q1 2024 decreased 15% to $4.2 million compared to $4.9 million in Q1 2023. -- Cash balance as of March 31, 2024, was $3.1 million (including restricted cash and short term bank deposits). 
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