Simply Better Brands Corp V.SBBC

Alternate Symbol(s): SBBCF

Healthcare

Simply Better Brands Corp. is a Canada-based company, which offers omni-channel platform with diversified assets in the emerging plant-based and holistic wellness consumer product categories. The Company is focused on informed Millennial and Generation Z generations in the rapidly growing plant-based, natural, and clean ingredient space. It focuses on expanding into consumer product categories, including plant-based food, clean ingredient skincare and plant-based wellness. It operates in one reportable segment, being the sale of consumer health and wellness products with sales principally generated from the United States. Its brands include TruBar, No B.S. Skincare (No B.S.) and SEVEN7H Sense. The TruBar line of nutritious bars are sold across North America by various retailers in the club, convenience and grocery channels. It offers skin care products to consumers through its No B.S. brand. It also offers a range of Hemp derived products, including CBD under the SEVEN7H Sense brand.

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Simply Better Brands Corp

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Post by westshoreon Feb 12, 2024 1:36pm

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Post# 35875877

????

On the last financials they are posting near 15 mil goodwill.
How do they do that?Seriously?
Sounds a bit generous in my opinion.
urrent assets Cash 3,272,293 2,343,178 Accounts receivable 3 1,555,534 4,616,267 Other receivable 119,869 134,500 Prepaid expenses 4 4,366,742 4,488,817 Inventory 5 3,084,510 3,554,563 12,398,948 15,137,325 Non-current assets Restricted cash 325,000 325,000 Deposits 3,783 3,783 Equipment 3,654 11,875 Intangible assets 6 3,206,096 6,321,344$$

Goodwill 14,830,827 $$14,830,827 18,369,360 21,492,829 TOTAL ASSETS 30,768,308 36,630,154