The drive for healthier eating is not just for adults. As more consumers look for alternatives to meat or try to elimination additives, dairy or gluten, this company is steadily expanding its revenue through growth in both retail and online sales.
Plant-based children’s nutrition firm Else Nutrition Holdings Inc. (TSX: BABY) announced fourth quarter and fiscal year results that highlight strong revenue and an upgrade to the Toronto Stock Exchange. The firm is a commercial stage developer of plant-based alternatives to dairy-based baby nutrition.
Per the company’s press release, Else saw fiscal-year 2021 revenues of $4.7M, an increase of 219% versus $1.5M in fiscal year 2020.
Shares were trading at a monthly high of $1.46 in morning trade.
