Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Naturally Splendid Enterprises Ltd. (V:NSP)

Business Focus: Special Foods & Wellbeing Products

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
See Regulatory Filings on SEDAR
Company Contact
Address: 605 - 1166 Alberni Street
605 - 1166 Alberni Street
VANCOUVER BC V6E 3Z3
Tel: N/A
Website: naturallysplendid.com
IR: See website
Key People
George Ragogna
Chairman of the Board, Chief Financial Officer
J. Craig Goodwin
President, Chief Executive Officer, Director
Bryan Carson
Secretary, Director; Chief Operating Officer of Subsidiary
Business Overview
Naturally Splendid Enterprises Ltd. is a plant-based food manufacturing and technology company that produces and distributes plant-based commodity products. The Company operates through the sale of natural food and ingredients segment. Its products are hemp-based food items that are both conventional and organic, including whole grains and protein powders. Its plant-based brands include Plantein, CHII Naturally Pure Hemp, and Pawsitive FX. Its Plantein products are available for food service and retail sales. Its Plantein products include Plant-Based Burger, Plant-Based Tenders, Plant-Based Sweet Chili Tenders, Plant-Based Nuggets, Plant-Based Schnitzel, Plant-Based Phishy Fillet, Plant-Based Garlic Kiev, and Plant-Based Crispy Burger. Its other brands include Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar. It sells food and ingredients to commercial processors and consumers by distribution through grocery stores, health and nutrition stores and online.
Financial Overview
For the six months ended 30 June 2022, Naturally Splendid Enterprises Ltd revenues decreased 67% to C$157K. Net loss decreased 2% to C$1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Facility expenses decrease of 46% to C$140K (expense), Bank charges and interest decrease of 49% to C$56K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.67M as of Jun 30, 2022
Annual revenue (TTM): $0.45M as of Jun 30, 2022
EBITDA (TTM): -$2.44M as of Jun 30, 2022
Net annual income (TTM): -$3.11M as of Jun 30, 2022
Free cash flow (TTM): -$2.63M as of Jun 30, 2022
Net Debt Last Fiscal Year: $1.25M as of Jun 30, 2022
Shares outstanding: 22,041,681 as of Oct 3, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization