TSXV:RLV.H - Post by User
Comment by
North85on Oct 29, 2018 11:44am
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Post# 28887579
RE:RE:SOOOO
RE:RE:SOOOO Relevium Technologies jumps 8.8% post 9M results
Relevium Technologies (OTCQB:RLLVF +8.8%) reports 9M revenue of $3.16M.
9M gross margin was 57% which continues to remain stable and adj. EBITDA for the brand remains positive at 25%.
The Company increased product offerings by 17% to 38 products with further plans to expand to over 50 products in 2018.
During the quarter, the Company revealed a new brand architecture for Bioganix®; conducted the initial joint-launch of Planet Hemp with HEMPCO & also established its presence for the European marketplace in partnership with Amazon.