Else Nutrition Reports 2023 Financial Results and Provides Business Update
VANCOUVER, British Columbia, April 01, 2024 (GLOBE NEWSWIRE) -- ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) ("Else" or the "Company"), today reported financial results for the fourth quarter and year ended December 31, 2023. The financial statements and MD&A are available on SEDAR under the Company’s profile.
- “We made tremendous progress in 2023, resulting in increased revenue, an expanded retail footprint, and new product launches,” commented, Hamutal Yitzhak, CEO of Else Nutrition.
- “Notably, our revenue increased 38% sequentially in the fourth quarter of 2023, compared to the third quarter of 2023.
- Had it not been for some temporary delays by certain large retail chains, our results would have been even stronger.
- Else Nutrition management plans to host a business update conference call today at 10:30 a.m. Eastern Time to discuss the Company’s financial results for the 2023 fiscal year ended December 31, 2023, as well as the Company’s corporate progress and other developments.