Modern Plant Based Foods Inc C.MEAT

Modern Meat Posts Fiscal Year 2020 Revenues Of $82,144

[AwareInvestor]

Modern Meat last night quietly filed its year end financial statements for the period ended August 31, 2020. The filings reveal that the company managed to generate revenues of $82,144 for the full fiscal year, of which $57,914 came from the fourth quarter. The company meanwhile managed to post a net loss of $5.2 million for the year, of which $4.7 million was attributable to the fourth quarter, largely due to listing expenses of $3.4 million.

https://thedeepdive.ca/modern-meat-posts-fiscal-year-2020-revenues-of-82144/

[stockfy]

MEAT has to grow its revenue significantly. No question about it. It's losing a lot of money and a ton of speculation has been priced into its current valuation. Hopefully it will close the deal with Kitskitchen.