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Else Nutrition Holdings Inc. (V:BABY)

Business Focus: Food Processing (NEC)

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
Company Contact
Address: 4 Raul Wallenberg Street
Tel: N/A
IR: See website
Key People
Hamutal Yitzhak
Chairman of the Board, Chief Executive Officer
Shay Shamir
Chief Financial Officer, Corporate Secretary
Uriel Kesler
Chief Operating Officer, Director
Michael Azar
Chief Technology Officer
Reuben Halevi
Vice President Sales Operations
Mike Glick
U.S. General Manager, Vice President - North America
Simeon Saunders
Vice President - Medical and Scientific Affairs
Business Overview
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.
Financial Overview
For the nine months ended 30 September 2023, Else Nutrition Holdings Inc revenues increased 14% to C$7M. Net loss decreased 14% to C$10.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Revaluation of warrants increase from C$1.8M to C$3.6M (income), Advertising decrease of 28% to C$3.3M (expense).
Employees: 32 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $18.11M as of Sep 30, 2023
Annual revenue (TTM): $9.39M as of Sep 30, 2023
EBITDA (TTM): -$17.93M as of Sep 30, 2023
Net annual income (TTM): -$15.90M as of Sep 30, 2023
Free cash flow (TTM): -$22.55M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 118,133,210 as of Oct 18, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization