Nexe Innovations Inc. (V:NEXE)
Business Focus: Paper Products (NEC)
| Sector: Basic Materials | Industry: Paper Products |
| Company Contact | |
| Address: | 6845 Hawthorne Dr WINDSOR ON N8T 3B8 |
| Tel: | 1-604-3594725 |
| Website: | https://nexeinnovations.com |
| IR: | See website |
| Key People | ||
| Ashvani Guglani President, Chief Financial Officer, Director | Darren Footz Chief Executive Officer, Director | |
| Business Overview |
| NEXE Innovations Inc. is a Canada-based compostable materials company. The Company designs, manufactures and commercializes compostable materials for everyday consumer products. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. Its product NEXE Pod is a plant-based, fully compostable, and single-serve coffee format machines. Its wholly owned subsidiary, Xoma Operations Inc, provides products that are packaged in the fully compostable and plant-based NEXE pod. The Company's products include XOMA Keto Cocoa, XOMA Matcha, XOMA Turmeric, Golden Milk, XOMA Coffee Fortified with MCT, XOMA Mindful Mushroom Coffee, and XOMA Keto Coffee. The Company's other subsidiaries include NEXE Technology Corp. and G-Pak Holdings Ltd. |
| Financial Overview |
| For the six months ended 30 November 2023, NEXE Innovations Inc revenues increased from C$36K to C$121K. Net loss increased 59% to C$3.7M. Revenues reflect Paper products segment increase from C$9K to C$121K. Higher net loss reflects Paper products segment loss increase from C$1.5M to C$3.8M. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.02 to -C$0.04. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $8.19M as of Nov 30, 2023 |
| Annual revenue (TTM): | $0.14M as of Nov 30, 2023 |
| EBITDA (TTM): | -$5.63M as of Nov 30, 2023 |
| Net annual income (TTM): | -$7.49M as of Nov 30, 2023 |
| Free cash flow (TTM): | -$5.34M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 97,293,297 as of Nov 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
