Alexulf
4 days ago
Food and beverages are essential - PlantX is growing in a recession or a bull market. People have to eat and drink - also ALCOHOL and JUICES :) Yes PlantX are covering all the profitability aspects now, check the latest financial report that came out.
Based on PlantX's financial results for the third quarter of 2024, the company shows a positive trend of consistent growth and strong operational efficiency. In Q3 2024, it had a revenue of C$9,184,678 and a net loss of C$5,699,913.
The focus on profitability and reduced operating costs clearly shows an improved financial position. The opening of XMarket Vegan Food Hall is also an important part of their strong financial boost!
Alexulf
1 week ago
We had a 13,8% gain on the OTC traded PlantX share yesterday. The dirtcheap shares are running out, with the low trading volume. From my point of view, it`s a excellent entry point, for those considering to invest in the company. Yet, study the information material that is all available online, do your research and see if it`s the right stock for you. Good luck!
Alexulf
3 weeks ago
OTC Plantx Life Inc (PLTXF) - 32,7% Up latest 5-days
0.0300 unch (unch) 04/08/24 [OTC US]
QUOTE OVERVIEW for Mon, Apr 8th, 2024
Day Low 0.0252
Day High 0.0300
Volume 4,100! THIS is interesting - very low volume, still holding!
Avg Vol 69,645
5-Day Change+0.0074 (+32.74%)
Alexulf
4 weeks ago
Q3 2024 Financial Results
During Q3 2024, the Company demonstrated consistent growth and operational efficiency, with revenue totaling $ 9,184,678 and a net loss of $ 5,699,913. The Company's strategic focus on profitability was reinforced by a 5% increase in gross profit margin compared to the same period in 2022.
Operating expenses notably decreased by $1,829,856 compared to the same period in 2022, driven by prudent cost-cutting measures and heightened operational effectiveness. Advertising, promotion, consulting, and administrative expenses were all streamlined, reflecting the Company’s commitment to fostering a sustainable and thriving business.
The opening of the XMarket Vegan Food Hall and the strong financial performance in Q3 2024 signal PlantX's dedication to elevating the plant-based lifestyle through culinary innovation and operational excellence.
Additional Information
The Company’s complete condensed interim financial statements and management’s discussion & analysis (“MD&A”) for Q3 2024 are available on PlantX’s website (www.plantx.com) and SEDAR (www.sedar.com).
Alexulf
4 weeks ago
PlantX growth: they continues to grow and increase its market share in herbal diet and products, it will lead to increased profitability.
About the cost structure, Plantx monitor its costs carefully, as they streamline their operations and reduce costs, this will benefit the profitability aspect more this year.
Demand: when the demand for herbal products continues to increase, Plantx can benefit from this through increased sales and profitability. The trend works in PlantX favor.
Plantx monitor the competitive situation - they are differentiate themselves and offer something unique, it helps them maintain customers and increase profitability over time.
Sum up; do always your own due diligence and research - when it comes to my own conclusion, I strongly believe in the company. Looking at risk-reward ratio it`s a no brainer IMO; study the overall situation, the technical chart - 2024 is the trend reversal year!
Alexulf
1 month ago
The last month more then 100% gain...! Yes, check the chart and consider,
do you want to participate in the uptrend or not?
This is my view and I don`t have all the facts, still while doing due diligence,
looking at the recent chart it looks good. Risk/reward ratio looks strong.
What is also a huge factor; the coming spring and summer month -
this sector always do better in this part of the year.
Finally, we have a strong stock market overall, check the latest reports,
with a election year it will grow even more.
Employment numbers etc are positive, I see to the facts and not politics,
when investing - mind and not emotions must rule.
https://www.barchart.com/stocks/quotes/PLTXF/overview
GLTA,
Do always your own research - this is my opinion, I`m a retail investor, not a pro..
jedijazz
9 months ago
PlantX: 🎉 We had an inspiring conversation with Monica, founder of The Plant Based Seafood Co., on how she kickstarted her incredible plant-based seafood journey. Watch the interview here 👉 🎥💚 We're thrilled to announce that PlantX is now their official ecommerce partner! 🛍️🚚 Our logistics team at our Midwest warehouse will handle all shipments for MindBlown products off https://plantbasedseafoodco.com website. Together, we're revolutionizing the industry! 🌊🌱
$VEGA $PLTXF
🎉 We had an inspiring conversation with Monica, founder of The Plant Based Seafood Co., on how she kickstarted her incredible plant-based seafood journey. Watch the interview here 👉 https://t.co/CzvSpy0Xxq 🎥💚 We're thrilled to announce that PlantX is now their official…— PlantX (@goplantx) August 1, 2023
jedijazz
9 months ago
NEWS: PlantX Adds The Plant Based Seafood Co to Ecommerce Fulfillment Platform-- Mind Blown™ plant based seafood products now available on plantx.com --
VANCOUVER, BC / ACCESSWIRE / August 1, 2023 / PlantX Life Inc. (CSE:VEGA) (Frankfurt:WNT1) (OTC PINK:PLTXF) ("PlantX" or the "Company"), the digital face of the plant-based community, operating a one-stop shop for plant-based products, today announced that it has added Mind Blown™ vegan products from The Plant Based Seafood Co. ("Mind Blown™") to its growing roster of brands adopting its ecommerce fulfillment solutions.
Located on Gwynn's Island, VA, a tiny island in the beautiful Chesapeake Bay, The Plant Based Seafood Co. is an all-female, family-owned company with a passion for creating healthy and delicious seafood experiences that are so close to the real thing they will blow your mind. The company's award-winning portfolio of Mind Blown™ frozen plant based seafood products is a sustainable choice for environmentally conscious customers, and includes Dusted Shrimp, Coconut Shrimp, Dusted Scallops and Crab Cakes. The Mind Blown™ Crab Cakes feature plant protein and are seasoned with celery and onion to recreate the classic flavors of crab cake, as well as panko breadcrumbs for a flaky texture.
"It's an honor to distribute vegan products from the company that is saving the oceans while feeding humanity," said PlantX CEO, Lorne Rapkin. "Not only do Mind Blown products look, smell, and taste just like the real thing, but Monica and team also share our values of supporting our oceans and reducing emissions and waste. I'm confident that Mind Blown products are going to make a big splash with PlantX customers."
"We've created plant-based seafood with seafood lovers in mind and are thrilled that PlantX will help us to make our delicious products available to even more customers," said Plant Based Seafood's CEO & Co-Founder, Monica Talbert. "For a company that is not just offering plant-based seafood but seafood experiences, and seeks to make an impact on a global scale, we couldn't think of a better partner."
About The Plant Based Seafood Co.
The Plant Based Seafood Co. is an all-female, family-owned company leveraging more than 20 years of experience in creating award-winning seafood products. Located on the Chesapeake Bay, the team of innovative creators now make delicious seafood delicacies made from plants. The Mind Blown lineup currently includes Dusted Shrimp, Dusted Scallops, Coconut Shrimp, and Crab Cakes. Mind Blown products have been awarded the Most Disruptive Product of 2020 at Prepared Foods' Spirit of Innovation awards, the Best Plant-Based Seafood Product of the Year at the 2022 World Plant-Based Awards, and their Dusted Scallops won Best New Frozen Product at the New Hope Network 2022 Expo West NEXTY Awards, and Top 300 Impact Companies in the World by Real Leaders. One percent of Mind Blown profits goes towards the Coral Restoration Foundation to support its mission of restoring and conserving coral reefs around the world.
Connect with The Plant Based Seafood Co.: Website | Facebook | LinkedIn | Instagram