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Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.


TSXV:CZO - Post by User

Bullboard Posts
Comment by EbbFlow88on Nov 15, 2019 10:42am
84 Views
Post# 30356310

RE:Revenues up 36%

RE:Revenues up 36%This is something I noted as well. When you look back at the past couple of years as the company switched plants and front loaded sales prior to doing so, to then having four quarters in a row of sales of ~2.5Mil with losses from investing, it massively missed expectations (partly due to poor communication, etc.) 

However, now it looks like we're turning the page. Sales are up and stabilized, cash flow is positive again, and newer products are closer (hopefully) to being released. I am pretty confident sales will continue their longterm trend and continue upwards with these new developments.

I was interested in the history of the company and looked through some of the annual reports going back to 2005 as seen on their website. Pretty interesting for those interested in looking at where the company came from to where we are today, both in terms of sales growth, product offerings, PGX, etc. PGX has been in the works for about 10 years. Sales went from about $2.5 Mil per year to todays roughly $13 Mil per year. For all the slack gagnon receives, I think he's done a pretty good job. I think the growth in the next 3-5 years will be much more significant in nominal terms.
Bullboard Posts