Additional information about these assumptions and risks and uncertainties is contained in the AIF under "Risk Factors". Additional information regarding these and other risks and uncertainties relating to the Company's business are contained under the heading "Risk Factors" in the Company's Annual Information Form, and under the heading "Risk Disclosure" in the Company's Management's Discussion and Analysis dated July 15, 2021, for the year ended March 31, 2021, and the Company's quarterly Management's Discussion and Analysis, filed under the Company's profile on SEDAR atwww.sedar.com. And so in their restaurant, theyre selling merch and theyre selling cookbooks. Neptune At A Glance * 8 Brands 136 SKU's 20,000 Retail Locations 45 % Female Employees AT&T is the largest telecommunications company in the U.S., with over 47 million access lines, and one of the largest in the world. Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and . To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. Neptune does not undertake to update any such forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. My family is dealing with a significant shock: My father secretly married his caregiver, who is 40 years his junior. The Corporation believes that providing this information to investors, in addition to IFRS measures, allows them to see the Corporation's results through the eyes of management, and to better understand its historical and future financial performance. The success of our recent launch of Mood Ring in British Columbia with rapid sell-through at the retail level reinforces our confidence. Neptune is committed to its core mission of redefining health and wellness and helping humanity thrive by providing sustainable consumer focused solutions. The forward-looking statements contained herein include, without limitation, statements about the fulfillment of purchase orders, the availability of products from Neptune's supplier, and the anticipated use of proceeds of the financing and other risks and uncertainties that are described from time to time in Neptune public securities filings with the Securities and Exchange Commission and the Canadian securities commissions. I would say Square as a business, our purpose is all around economic empowerment. Share on Linked In The company encourages all interested parties to sign up for email alerts that will automatically send an email with press releases, SEC filings, earnings reports, and more as soon as they are available to the public. So this project actually kicked off from an inbound request to Jack [Dorsey] around this. SC 13G. The company incorporated significant feedback from customers, Wall Street analysts, and shareholders to develop an enhanced digital experience for all of Neptune's constituencies. Neither NASDAQ nor the Toronto Stock Exchange accepts responsibility for the adequacy or accuracy of this release. Join the Detroit Regional Chamber to build a stronger business, connect with prospective clients and resources, reduce the cost of doing business and be a part of a community of influencers. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on non-IFRS measures and view them in conjunction with the most comparable IFRS financial measures. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Find out the revenue, expenses and profit or loss over the last fiscal year. Historical and current end-of-day data provided by FACTSET. LAVAL, QC, Nov. 15, 2021 /CNW/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the three-month period ended on September 30, 2021. U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the fi With an impetus to empower residents, small businesses, and non-profits in Detroit, Hamtramck, or Highland Park to turn under-used areas, and blighted and vacant properties into vibrant community gath Detroiter Magazine: Transforming the Talent Pipeline. 8-K. Current report filing. The forward looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement and the "Cautionary Note Regarding Forward-Looking Information" section contained in Neptune's latest Annual Information Form (the "AIF"), which also forms part of Neptune's latest annual report on Form 40-F, and which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml and on the investor section of Neptune's website at www.neptunecorp.com. U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the fi With an impetus to empower residents, small businesses, and non-profits in Detroit, Hamtramck, or Highland Park to turn under-used areas, and blighted and vacant properties into vibrant community gath data from a national report on early-stage entrepreneurship, Detroiter Magazine: Transforming the Talent Pipeline. For additional information, please visit: https://neptunewellness.com/. Research and development expenses, net of tax credits and grants of, nil and $16,227 (2019 - $28,519 and ($5,428)), Net change in unrealized foreign currency losses on translation of, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://extracted.ca/2021/02/08/mood-ring-neptune-wellness-solutions-legacy-hash/, https://produceredition.webcasts.com/starthere.jsp?ei=1422455&tp_key=4bf67ecc50, Neptune Announces Receipt of NASDAQ Notification, Neptune Announces Filing Extension for its Form 10-Q, Total revenues for the three-month period ended, Gross profits for the three-month period ended, Net loss for the three-month period ended, Neptune's Mood Ring recreational cannabis products became available for purchase in. Vidhi Choudhary You can sign up for additional alert options at any time. Neptune Wellness Solutions is a unique global health and wellness company that is changing consumer habits through the creation and distribution of environmentally friendly, ethical and innovative consumer product goods. Net loss of $14.0 million compared to $22.0 million for the quarter ended September 30, 2020, an improvement of $8.0 million. Neptune Announces Launch of New Corporate and Investor Relations Websites. Launched Mood Ring flower product line in Alberta. Neptune is committed to its core mission of redefining health and wellness and helping humanity thrive by providing sustainable consumer focused solutions. Community colleges and employers are partnering to build the workforce. Neptune continues to build its broad portfolio of natural, plant-based, and sustainable brands and CPG products in key health and wellness markets, including hemp, nutraceuticals, personal care, and home care. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms 'believes', 'belief', 'expects', 'intends', 'projects', 'anticipates', 'will', 'should' or 'plans' to be uncertain and forward-looking. The end result, we estimate, is initial cost savings of approximately $10 million USD ($12.5 million CAD) annually, which is not expected to slow growth.". Neptune is committed to its core mission of redefining health and wellness and helping humanity thrive by providing sustainable consumer focused solutions. The House voted 56-53, and the Senate voted 20-17 both along party lines in support of the repeal. Gretchen Whitmer will soon sign bills to repeal Michigan's Right to Work law that prohibits requiring workers to pay union dues as a condition of employment. The Corporation uses Adjusted EBITDA to measure its performance from one period to the next without the variation caused by certain adjustments that could potentially distort the analysis of trends in our operating performance, and because the Corporation believes it provides meaningful information on the Corporation's financial condition and operating results. Backed with a cost-efficient manufacturing and supply chain infrastructure that can be scaled up and down or into adjacent product categories to identify new innovation opportunities, Neptune quickly adapts to consumer preferences and demand, and is bringing its products as well as other Fortune 100 brands to market through strategic distribution partnerships, mass retail partners and e-commerce channels. Neptune is focused on building a portfolio of high quality, affordable consumer products in response to long-term secular trends and market demand for natural, plant-based, sustainable and purpose-driven lifestyle brands. Gov. And then, on the marketing side, we have a very long history of storytelling and using content to really highlight and basically leverage Squares platform to highlight the success of businesses within these communities. Neptune Wellness Solutions Inc. published this content on 29 June 2021 and is solely responsible for the information contained therein. What the Right to Work Repeal Means for Businesses, The repeal of Right to Work weakens Michigans global economic competitive position and harms our ability to vie for new businesses and jobs, said, Right to Work law has little impact on both unions and businesses businesses that are union shops continue to partner with unions and only a small percentage of union workers opt out of paying dues. <> One thing is that last year Square underwent a company-wide initiative to make our entire ecosystem of products and all of our content available in Spanish. Adjusting for these items does not imply they are non-recurring. The Chamber is happy to welcome @DavenportU as a Detroit Regional Talent Compact member. We use Adjusted EBITDA to provide investors with a supplemental measure of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. March 17, 2023. 1. Have Watchlists? Neptune Wellness Solutions Inc. Vice President, Investor Relations Michael Cammarata Neptune Wellness Solutions Inc. President and Chief Executive Officer Julie Phillips Neptune Wellness Solutions Inc. Chair, Board of Directors Ray Silcock Neptune Wellness Solutions Inc. Chief Financial Officer (Effective July 25, 2022) Randy Weaver %PDF-1.7 Its portfolio includes emerging brands such as Forest Remedies, Ocean Remedies,NeptuneWellness,MoodRing,andOCEANO3,whicharepoisedfor rapid growth andexpansion. https://www.prnewswire.com/news-releases/neptune-reports-fiscal-second-quarter-2022-financial-results-301424425.html. Were going to be offering 25 early-stage businesses the opportunity to get $20,000 in funding, exclusive access to training and topics ranging from leadership and customer development, scaling operations and managing their financial growth. Jun. Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the U.S. securities laws and Canadian securities laws. Its portfolio includes emerging brands such as Sprout Food, Forest Remedies, Ocean Remedies, Neptune Wellness, Mood Ring, and OCEANO3, which are poised for rapid growth and expansion. Revenue totaled $15.7 million, an increase of 27% from Q1 and third consecutive quarter of revenue growth. 2 0 obj Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Applications for Forward are now open until April 1, the company said in a press statement. At Neptune Wellness Solutions, we promise to treat your data with respect and will not share your information with any third party. Neptune expects that further M&A will be an important component of its growth strategy of creating a broad health and wellness solutions organization. Engage via Email. Share by Email, A Unique Collaboration Between General Motors and the Detroit Regional Chamber. 4 0 obj The forward-looking statements contained herein include, without limitation, statements about the fulfillment of purchase orders, the availability of products from Neptune's supplier, and the anticipated use of proceeds of the financing and other risks and uncertainties that are described from time to time in Neptune public securities filings with the Securities and Exchange Commission and the Canadian securities commissions. And so these businesses right now are looking for ways to diversify their revenue streams and Squares platform is really uniquely positioned to support them in that journey. Backed with a cost-efficient manufacturing and supply chain infrastructure that can be scaled up and down or into adjacent product categories to identify new innovation opportunities, Neptune quickly adapts to consumer preferences and demand, and is bringing its products as well as other Fortune 100 brands to market through strategic distribution partnerships, mass retail partners and e-commerce channels. All forward-looking statements in this press release are made as of the date of this press release. The underwriters brokerage house had a $30 price target. Backed with a cost-efficient manufacturing and supply chain infrastructure that can be scaled up and down or into adjacent product categories to identify new innovation opportunities, Neptune quickly adapts to consumer preferences and demand, and is bringing its products as well as other Fortune 100 brands to market through strategic distribution partnerships, mass retail partners and e-commerce channels. Appointed Randy Weaver as Interim Chief Financial Officer and John Wirt as General Counsel. Neptune's simultaneous focus on B2C and B2B customer-oriented brand development provides the Company with international reach and scale from its owned and operated facilities that extract and create product formulation, all the way to the sales floor at top global retailers. Investor Relations Websites aims to innovate health and wellness and helping humanity by. Chief Financial Officer and John Wirt as General Counsel to treat your data with respect and will not share information... 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