Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > Ramp or Die?

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Comment by PlasticOnoon Jun 28, 2024 1:37pm

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Post# 36111109

RE:RE:Ramp or Die?

In 2018 they had revenue of around $5m and losses of of $3.1m
One year later they doubled revenue with a loss of $3.4m

After the acquisition of several companies the revenue multiplied but still no path to profitability. On the contrary first quarter this year they were bleeding almost $5m.

Does this make any sense? Economy of scale? It is disappointing to see that the acquisitions were based on miscalculating the economy. Not that I am saying that to prevail in this race of chemical giants in this market the move was wrong but I can only hope that they get costs under control and be able to expand. Otherwise if no quarterly injection by some big guys the lights may go out some day.

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