$ELMT shoots up >25% after sharing Q1 financials After reporting its Q1 2022 financial results today, $ELMT.c is up over 25% with high volume
Some highlights from Element Nutritional Sciences' (ELMT.c $ELNSF) financials:
- Revenue increased by $2M from Q1 2022
- 559% rev growth YoY with a gross margin of 40%
- Expanded distribution (Publix, Pattern, Sam’s Club, and Walgreens)
- Closed short form prospectus offering raising $3.5M gross
- and more
Full financials here: https://ca.finance.yahoo.com/news/element-nutritional-sciences-reports-q1-050000613.html
$ELMT $0.37
MC $35.732M