Else Nutrition (TSXV: BABY)

Last close As at 18/05/2024

0.66

−0.02 (−2.94%)

Market capitalisation

CAD75m

Latest Insights

Consumer | Update

Else Nutrition — Building the platform

Consumer | Update

Else Nutrition — Well funded for expansion

Consumer | Initiation

Else Nutrition — Formula for growth

Sector

Consumer

Balance Sheet

Forecast net cash (C$m)

11.9

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (10.8) (20.5) 3.1
Relative (10.6) (20.8) (1.2)
52 week high/low C$1.0/C$0.5

Financials

Else Nutrition’s Q222 results demonstrate the growth momentum in the business, with management delivering on its stated goal to reach a C$1m quarterly revenue run rate on Amazon.com by the end of Q2, and on track to reach listings in 4,000 retail stores by the end of FY22, with listings currently in over 3,000 stores. Else added nearly 2,000 stores during Q2, and boosted its cash position with a funding round of C$7.3m at the end of June. Else continues to build its platform for the long term, with plans to enter China in Q3 and the UK in Q4. Further European markets will follow in FY23.

Research

Further insights

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Deutsche Börse Eigenkapitalforum 2014 Research Guide