Bullboard - Stock Discussion Forum Promino Nutritional Sciences Inc. C.MUSL

Alternate Symbol(s): MUSLF

Promino Nutritional Sciences Inc., formerly Element Nutritional Sciences Inc., is a research-driven Canadian nutraceutical company. The Company is specializing in the development of science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. The Company's lead product, Rejuvenate, is a formulation that is clinically proven to... see more

CSE:MUSL - Post Discussion

Promino Nutritional Sciences Inc. > $ELMT expected to show 521% YoY growth rate w/ +$2M rev

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Post by StockHawk1 on May 17, 2022 4:41pm

$ELMT expected to show 521% YoY growth rate w/ +$2M rev

Element Nutritional Sciences Inc. ($ELMT.c $ELNSF) has been trading in the green on the CSE since it reported its preliminary financial results for Q1 2022 a couple of days ago.

For Q122 $ELMT is expected to report revenue between $2M to $2.3M with a gross margin between 35% and 40%. This will be record revenue, and represents a YoY growth rate of 521%.

$ELMT's CEO says that this growth is largely attributable to the company's significantly expanded distribution footprint.

More here: https://ca.finance.yahoo.com/news/element-nutritional-sciences-report-record-050000550.html

$ELMT is up @ $0.26/share

MC $25.109M

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