Ceapro Inc V.CZO

Chemicals Specialty Chemicals

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.

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Ceapro Inc > Sales were a nice surprise

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Comment by lscfaon May 20, 2022 11:05am

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RE:Sales were a nice surprise

Customers may have stocked up. They have done it before. Thus the reason to not extrapolate. CZO mgmt should be providing next quarter guidance so investors are not misled.

hoffbag wrote: I wonder how much was FX related. However, they did report that they have been ramping up volumes (excellent). Need to keep growing base sales.
Profitability was good.
Lets see a little less talk and a lot more traction under the wheels of the development programs. Still not much a cadence......and nothing new to show the owners.