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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 has show to be growth focused (opinion)
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Post by StockHawk1 on Jun 14, 2022 4:36pm

$ELMT has show to be growth focused (opinion)

I've been following the nutraceutical company Element Nutritional Sciences (ELMT.c $ELNSF) for a while now, but the company's most recent financials really solidified for me that this is a growth-focused company that could really be going places. 


In the first quarter of 2022, the company's revenue increased by $2M from the same quarter the year before, growing 559% YoY with a gross margin of 40%.


In the last year $ELMT has also been expanding distribution of their Rejuvenate product to huge retailers like Publix, Pattern, Sam’s Club, and Walgreens. 


Plus it has been using its relationships with retailers to roll out its new muscle Activating product. 


https://ca.finance.yahoo.com/news/element-nutritional-sciences-reports-q1-050000613.html


With how the market has been $ELMT closed today at only $0.205/share which I think is a really low price all considered. MC is $19.798M

 
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