Bullboard - Stock Discussion Forum Burcon NutraScience Corp T.BU

Alternate Symbol(s): BRCNF

Chemicals Specialty Chemicals

Burcon NutraScience Corporation is a Canada-based technology company. The Company is engaged in the development of plant-based proteins for foods and beverages. The Company has a patent portfolio covering its specialty plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is involved in the production, sales, marketing and... see more

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Burcon NutraScience Corp > earnings

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Post by MANGA13 on Nov 15, 2021 4:14pm

earnings

https://burcon.ca/2021/11/burcon-reports-fiscal-2022-second-quarter-results/

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Comment by imartin on Nov 15, 2021 4:39pm

What was the royalty share again? 20 %? Burcon made CAD32,000 from royalties, so at 20 % that means that during Q2, Merit sold protein for CAD160,000. 90,000 in the quarter before. I was expecting much more, although the company communicated recently that only now, after commissioning is completed, larger orders are being fullfilled. So those CAD160,000 likely are the result of many smaller ...more

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