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.

Rritual Superfoods Inc. (C:RSF)

Business Focus: N/A

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
See Regulatory Filings on SEDAR
Company Contact
Address: 151 West Hastings Street
VANCOUVER BC V6B 1H4
Tel: N/A
Website: https://rritual.com
IR: See website
Key People
N/A    
Business Overview
Rritual Superfoods Inc. is a Canada-based company engaged in the formulation of functional mushroom consumer products that promote health and wellness. The Company specializes in the formulation and distribution of plant-based products in small batches featuring functional mushrooms and adaptogen ingredients. It produces plant-based elixir powders in multiple formats with targeted therapeutic benefits. Its product line under its brand, Rritual, consists of three functional mushroom adaptogen formulations: chaga, reishi and lion's mane. It offers its three mushroom adaptogen formulations two packaging options: Container Mixes and Elixir Stix. The Container Mix is the same powdered formulation found in the Elixir Stix but provided as a bulk 180-gram supply. The Elixir Stix are individual three-gram satchels with 14 satchels per box, providing customers with 42 grams of mixable powder.
Financial Overview
For the six months ended 31 December 2020, RritualSuperfoods Inc revenues was not reported. Net loss totaledC$1.5M vs. income of C$0K. Net loss reflects Consultingincrease from C$0K to C$575K (expense), Advertising Expenseincrease from C$0K to C$482K (expense), Share-basedcompensation increase from C$0K to C$159K (expense). BasicEarnings per Share excluding Extraordinary Items totaled to-C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $17.71M as of Dec 31, 2020
Annual revenue (TTM): $0.00M as of Dec 31, 2020
EBITDA (TTM): -$1.61M as of Dec 31, 2020
Net annual income (TTM): -$1.61M as of Dec 31, 2020
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 72,132,347 as of Sep 10, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization