PlantX Life Inc (VEGA)

[Ryguy008]

Fiscal 2023 Highlights -Revenue increased 11.0% to $13,299,891 compared to $11,984,809 in 2022

-Gross margin increased 30.4% to $5,088,767 compared to $3,903,314 in 2022, with gross margins expanding 570 basis points to 38.3% compared to 32.6% in 2022

-Net loss improved to $21,384,656 compared to $54,802,666 in 2022

Commented Lorne Rapkin, PlantX CEO, "Fiscal 2023 was a tremendous year for PlantX. We sharpened our focus on driving profitable growth, and this focused approach yielded strong financial performance and positions us for continued success in the years ahead. As we forge ahead, profitability remains a central focus, driving growth, expansion, and success across our diverse business units. We are committed to delivering exceptional experiences within the plant-based industry while continually striving for improvement."

https://www.accesswire.com/770806/PlantX-Reports-2023-Financial-Results

$PLTXF $VEGA