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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. The Company has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me.


TSXV:NSP.H - Post by User

Comment by dontknowmuchon Jun 09, 2020 9:12am
127 Views
Post# 31127909

RE:Monthly revenue C$752,000

RE:Monthly revenue C$752,000
Kowalski wrote:
The approximately revenue per year C$9 millions sounds good to me. Maybe we see  the annual financial statement for year 2019 this week.


The factory (and therefore the company) now boasts up to around 60 individual SKUs (stock keeping units) under four main brand categories and Naturally Splendid is also a contract manufacturer of food products for 12 companies, seven of which are significant, large players in the industry, says Goodwin.
The firm currently produces 400,000 bars a month and 1.72 million bites with monthly revenue of C$752,000.



 
Hey “Kowalski”,

I wouldn’t get too excited about that revenue figure.  IMO there is no way that the current monthly revenue is $752,000.  

That amount is pretty close to the reported average quarterly revenue for the first 3 quarters of 2019.   If you check the current version of the article here, the revenue comment has been edited out. 

Like “broke” said:
broke wrote: ....Canadian President Justin Trudeau ...heeheehee.
no one proof reads their stuff anymore...


Maybe the next correction the author makes will be to make Trudeau the Canadian Prime Minister rather than the Canadian President ;<)

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