CSE:ERTH - Post Discussion
Post by
Charts1 on Nov 22, 2022 10:06pm
ERTH.C. Fertilizers past news release
Highlights:
- Replenish delivered record revenues in the first half of 2022 on the back of strong product demand stemming from favourable weather conditions and market fundamentals.
- The Company generated quarter-to-date and year-to-date revenues of $7.0 million and $10.1 million, respectively, compared to $1.4 million in the prior year.
- The Company is on track to double annual fertilizer revenue in fiscal 2022 while revenue guidance remains unchanged at $27 million with approximately 50% of second half forecasted revenues committed as of the date of this release.
"We continue to be encouraged by the strong demand for our products in central and northern Alberta and foresee continued strong demand and revenue growth in the coming quarters." stated EarthRenew CEO, Keith Driver.
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