Neptune Wellness Solutions Inc NEPTF

Consumer Defensive Household & Personal Products

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and beverage brands, such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. Its main brand units are nutraceuticals and organic foods and beverages. The Company sells its nutraceutical products mainly in bulk soft gels or liquids to multiple distributors and customers, who commercialize these products under their private label. The Company, through its Sprout subsidiary, sells its organic foods and beverages products to mass retailers, grocery stores and other retail outlets, as well as online through e-commerce sites and its own Website.

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Neptune Wellness Solutions Inc > Transition

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Comment by goldstoryon Jul 16, 2021 11:28am

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RE:Transition

Sean, the cost of sale ending 3/31 2021 was $88M. With that kind of cost, this company will not make any profit for the next two to three years even if the revenue grows 50% every quarter.
Cash balance will not last two to three quarters, which is what's left in this year, to support the operation. They need to cut the cost and expense down to half. I think that many institutional investors will not stay around after they saw what MC did with PPE stuff. As I said before, they should implement the exit strategy before jumping into the Covid PPE business. This is a disaster.

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