Else Nutrn (OTCMKTS:BABYF) Announces Earnings Results

Else Nutrn (OTCMKTS:BABYF) posted its earnings results on Tuesday. The company reported ($0.29) earnings per share for the quarter, Zacks reports. The business had revenue of $1.52 million during the quarter.

Else Nutrn Stock Up 4.6%

Shares of Else Nutrn stock traded up $0.00 on Thursday, hitting $0.05. The company’s stock had a trading volume of 10,918 shares, compared to its average volume of 206,549. The company has a market capitalization of $2.21 million, a P/E ratio of -0.07 and a beta of 1.41. Else Nutrn has a 52-week low of $0.04 and a 52-week high of $0.80. The firm has a fifty day moving average price of $0.06 and a 200-day moving average price of $0.06.

Else Nutrn Company Profile

Else Nutrition Holdings Inc is a plant-based infant and toddler nutrition company that develops dairy-free, soy-free and gluten-free formula powders under its flagship ELSE brand. The company’s core product line includes Stage 1 infant formula and Stage 3 toddler nutrition powders formulated with a proprietary blend of almond, buckwheat and tapioca ingredients designed to mimic the nutritional profile of traditional milk‐based formulas. These products are non-GMO and aim to address food sensitivities and allergen concerns in early childhood nutrition.

Founded in 2019 and headquartered in Tel Aviv, Israel, Else Nutrition began commercial sales in 2021 with initial distribution in Canada and Israel.