Imperial Ginseng Products Ltd. (V:IGP)
Business Focus: Vegetable, Fruit & Nut Farming
| Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
| Company Contact | |
| Address: | Box 49256 Four Bentall Centre Suite 732, 1055 Dunsmuir Street VANCOUVER BC V7X 1L2 |
| Tel: | N/A |
| Website: | https://www.imperialginseng.com |
| IR: | See website |
| Key People | ||
| Stephen P. Mccoach Executive Chairman of the Board, Chief Executive Officer, Secretary | Amelia Yeo Chief Financial Officer | |
| Business Overview |
| Imperial Ginseng Products Ltd. is a Canada-based company. The Company's principal business was cultivating and processing North American ginseng in Ontario and selling the dried ginseng, almost exclusively to wholesalers in China, through a distributor. The Company has ceased its ginseng operation and is in the process of considering alternative business propositions and opportunities in securing new business lines. |
| Financial Overview |
| For the six months ended 31 December 2023, Imperial Ginseng Products Ltd revenues decreased from C$1.8M to C$0K. Net loss totaled C$69K vs. income of C$3K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain on disposition of property and equi decrease of 83% to C$140K (income), Change in fair value of biological asset decrease from C$488K (income) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $2.53M as of Dec 31, 2023 |
| EBITDA (TTM): | -$1.83M as of Dec 31, 2023 |
| Net annual income (TTM): | $2.84M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.05M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 7,652,547 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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