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Bullboard - Stock Discussion Forum Else Nutrition Holdings Inc T.BABY

Alternate Symbol(s):  BABYF | T.BABY.WT.A

Else Nutrition Holdings Inc is an Israel-based company active in field of food manufacturing. The Company focuses on research, development, manufacturing, marketing and sale of innovative plant-based food and nutrition products and also maintain feeding accessories products to infants and dried food snacks.

TSX:BABY - Post Discussion

Else Nutrition Holdings Inc > Financials are Decent indeed.
View:
Post by PaperBoi222 on Apr 01, 2024 8:32am

Financials are Decent indeed.

I like what I'm reading...


Notably, our revenue increased 38% sequentially in the fourth quarter of 2023, compared to the third quarter of 2023.

revenue growth within both the U.S. and Canadian retail channels increased sequentially over the third quarter of 2023, by 85 % and 106%, respectively. Had it not been for some temporary delays by certain large retail chains, our results would have been even stronger.


“For the full year, our revenue increased 10% to $9.4 million,


  • Operating expenses decreased 23% to $16.8 million compared to $21.8 million in 2022.

Ok Surely BABY is worth a Toonie?    Tip of the Hat to management who continue to deliver..

 

Cheers

PB

Comment by majortom75 on Apr 01, 2024 8:43am
I would have preferred a blowout quarter. There are number of catalysts coming up that I was hoping some or all would be realized with the business update: - Danone deal (delayed) - Adult RTD launch - baby formula study for FDA - Cash flow break-even/profitable Looks like we may need to wait a couple of more quarters. 
Comment by Anliu8 on Apr 01, 2024 8:58am
$5.9 mill left end of last year. They will need to raise more cash somehow soon.
Comment by leclad5 on Apr 01, 2024 9:00am
Again with the stupid comments. Paid basher??
Comment by Anliu8 on Apr 01, 2024 9:03am
Yes and reverse split as well. This is not looking good
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