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Promino Nutritional Sciences Inc. C.MUSL

Alternate Symbol(s):  MUSLF

Promino Nutritional Sciences Inc., formerly Element Nutritional Sciences Inc., is a research-driven Canadian nutraceutical company. The Company is specializing in the development of science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. The Company's lead product, Rejuvenate, is a formulation that is clinically proven to assist in the building, rebuilding, restoration, and rejuvenation of natural muscle mass. Rejuvenate helps boost energy and strengthen the metabolism and immune system. The Company also offers Promino, an elite performance supplement for both professional and amateur athletes to accelerate muscle recovery, build strength and accelerate recovery from injury.


CSE:MUSL - Post by User

Post by StockHawk1on May 17, 2022 4:41pm
108 Views
Post# 34690392

$ELMT expected to show 521% YoY growth rate w/ +$2M rev

$ELMT expected to show 521% YoY growth rate w/ +$2M rev

Element Nutritional Sciences Inc. ($ELMT.c $ELNSF) has been trading in the green on the CSE since it reported its preliminary financial results for Q1 2022 a couple of days ago.


For Q122 $ELMT is expected to report revenue between $2M to $2.3M with a gross margin between 35% and 40%. This will be record revenue, and represents a YoY growth rate of 521%.


$ELMT's CEO says that this growth is largely attributable to the company's significantly expanded distribution footprint. 


More here: https://ca.finance.yahoo.com/news/element-nutritional-sciences-report-record-050000550.html


$ELMT is up @ $0.26/share

MC $25.109M

 
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