Else Nutrn (OTCMKTS:BABYF – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.29) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $1.52 million during the quarter. Else Nutrn had a negative net margin of 152.45% and a negative return on equity of 843.88%.
Else Nutrn Trading Up 0.9%
OTCMKTS:BABYF traded up $0.00 during mid-day trading on Wednesday, hitting $0.04. 76,000 shares of the company’s stock traded hands, compared to its average volume of 208,947. The firm has a market capitalization of $2.02 million, a price-to-earnings ratio of -0.07 and a beta of 1.18. The firm has a 50 day moving average of $0.06 and a two-hundred day moving average of $0.06. Else Nutrn has a 12 month low of $0.04 and a 12 month high of $0.80.
About Else Nutrn
Else Nutrition Holdings Inc is a plant-based infant and toddler nutrition company that develops dairy-free, soy-free and gluten-free formula powders under its flagship ELSE brand. The company’s core product line includes Stage 1 infant formula and Stage 3 toddler nutrition powders formulated with a proprietary blend of almond, buckwheat and tapioca ingredients designed to mimic the nutritional profile of traditional milk‐based formulas. These products are non-GMO and aim to address food sensitivities and allergen concerns in early childhood nutrition.
Founded in 2019 and headquartered in Tel Aviv, Israel, Else Nutrition began commercial sales in 2021 with initial distribution in Canada and Israel.
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