- Fiscal year 2021 revenues were $4.7M, a 219 per cent increase over FY 2020
- Q4 revenues were $1.3M, an 8 per cent increase over Q3
- Else expanded its US retail presence to more than 1,200 stores and listed on Walmart.com and Kroger-owned online platforms
- Hamutal Yitzhak, CEO & Co-Founder of Else Nutrition sat down with Shoran Devi to discuss the results
- Else Nutrition is focused on developing innovative, clean and plant-based food and nutrition products
- Else Nutrition Holdings (BABY) opened trading at C$1.46 per share
Else Nutrition (BABY) has announced its Q4 and fiscal year-end results.
Fiscal year 2021 revenues were $4.7M, a 219 per cent increase over FY 2020, driven by the expansion of the company’s toddler products across all channels and the introduction of the new Kids Complete Nutritional shake product line.
Q4 revenues of $1.3M, an increase of 8 per cent over Q3, were the result of the company’s continued expansion into retail stores and its steady online sales growth, including listings on Walmart.com and Kroger-owned online platforms.
Hamutal Yitzhak, CEO & Co-Founder of Else Nutrition sat down with Shoran Devi to discuss the results.
“We are happy with the progress we made in 2021, as we continue our journey to become a global leader in the plant-based nutrition arena. In 2021 we focused on growing our online sales while penetrating US retail stores, and we are proud to report that our plant-based complete nutrition products for toddlers are in over 1,200 bricks and mortar stores as well as in 5 large and reputable online retailers.”
Else Nutrition is focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults. Its plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula.
Else Nutrition Holdings (BABY) opened trading at C$1.46 per share.
