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 Company Secretary, Chief Operating Officer of Naturally Splendid Enterprises Ltd, Director |
Business Overview |
Naturally Splendid Enterprises Ltd. is a Canada-based company, which is in the business of developing, manufacturing, and distributing natural and nutritional healthy products with the focus on plant-based ingredients. The Company's products include hemp-based food items that are both conventional and organic, including whole grains and protein powders. Its brands include Natera Sport, Natera Hemp Foods, CHII, Elevate Me, Woods Wild Bar, and Natera Plant Based Foods. It provides contract manufacturing services for healthy food companies and private labeling, which includes a range of variety of nutritional food products for food markets. It sells food and ingredients to commercial processors and consumers by distribution through grocery stores, health, and nutrition stores and online. Its subsidiaries include Naturally Splendid Extracts Ltd. (Extracts), Naturally Splendid USA Ltd., Chi Hemp Industries Inc. (Chi), and Prosnack Natural Foods Inc. (Prosnack). |
Financial Overview |
For the nine months ended 30 September 2021, Naturally Splendid Enterprises Ltd revenues decreased 54% to C$620K. Net loss decreased 26% to C$2.5M. 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 62% to C$314K (expense), Office, rent and salaries decrease of 38% to C$509K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $6.50M as of Sep 30, 2021 |
Annual revenue (TTM): | $0.85M as of Sep 30, 2021 |
EBITDA (TTM): | -$2.69M as of Sep 30, 2021 |
Net annual income (TTM): | -$3.81M as of Sep 30, 2021 |
Free cash flow (TTM): | -$1.26M as of Sep 30, 2021 |
Net Debt Last Fiscal Year: | $1.54M as of Sep 30, 2021 |
Shares outstanding: | 330,624,458 as of Jan 27, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |