Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > 12 month target

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Comment by Zipolitemexicoon Apr 15, 2021 8:01am

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Post# 32999069

RE:RE:RE:12 month target

Good observation on the organic growth. I would think that the high organic growth Paul talks about is achieved through cross selling to new customers with the acquisitions. That will take a few quarters to gain traction.

Archway wrote: This is a important point and interested to hear how others view it.

Since Q1 2020 two acquisitions were completed that added about $22.5M annual revenue. Not sure how the revenue flows in through the year but if we take a quarter of that figure and assume that roughly $5.5M of the $8M expected revenue for Q1 2021 were the acquisitions that leaves us with a balance that doesnt show much organic growth on the Q1 2020 figure of $3M.

This is not to disregard the significance of the acquisitions at all. Just a way of considering the Q1 figures as Cantouchie pointed out.

Great to see the margins maintained and I am very comfortable with managements strategy and their execution on it up to this point.