GOOD NATURED PRODS INC - GDNPF STOCK NEWS

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GOOD NATURED PRODS INC (GDNPF) is a North American leader in eco-friendly food packaging, bio-based plastic extrusion, and plant-based products. With a focus on sustainability, the company offers over 400 products and services made from renewable resources, reducing environmental impact while eliminating chemicals of concern. Recent financial results show a decline in revenue due to market challenges, but strategic cost containment efforts and adjustments in product offerings aim to improve profitability. Additional efforts include cost reduction initiatives to optimize operating capabilities and processes. Commitment to exploring growth-enhancing options remains a top priority, alongside restructuring debt obligations for long-term financial flexibility. With a dedication to sustainability and profitability, GOOD NATURED PRODS INC continues to drive innovation and growth in the eco-friendly product industry.

11/28/2023 06:00 AM

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Good Natured Products Inc. Announces Third Quarter 2023 Results

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good natured Products Inc. (GDNP) announced its Q3 2023 financial results, with revenue of $19.4 million, adjusted EBITDA of $0.7 million, and variable gross margin of 37%. The company reported a net loss of $3.2 million and a cash balance of $11.1 million as of September 30, 2023. Despite revenue declines in the Industrial business group, the Packaging business group continued its growth trajectory.

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11/16/2023 06:00 AM

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Good Natured Products Inc. Announces Date for Q3 2023 Financial Results and Conference Call

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good natured Products Inc. (GDNP) Announces Q3 2023 Results Reporting and Conference Call Details

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11/08/2023 09:00 AM

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Good Natured Named One of Canada's Clean Technology Winners in Technology Fast 50(TM) for Third Consecutive Year

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good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) announced receiving a Clean Technology award for the third consecutive year and being named to the North America Technology Fast 500™. The Company's revenue growth of 900% between 2019 and 2022 was recognized. CEO Paul Antoniadis credits the Company's technical expertise in manufacturing plant-based packaging and a strong acquisition strategy for this achievement.

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10/11/2023 05:44 PM

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Good Natured Products Inc. Announces Change in Auditor

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good natured Products Inc. changes auditor to Grant Thornton LLP

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08/29/2023 06:00 AM

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Good Natured Products Inc. Announces Second Quarter 2023 Results

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good natured Products Inc. announces Q2 2023 financial results with revenue of $18.3 million, a decrease of 28% compared to Q2 2022. Variable gross margin increased to 37% and SG&A expenses decreased by 19%. Adjusted EBITDA for Q2 2023 was $0.1 million. The Company's Packaging business group delivered 83% year-over-year revenue growth. Net loss was $3.6 million. Cash flow generated by operating activities for H1 2023 was $0.1 million. The Company continues to focus on restructuring and renegotiating long-term debt obligations.

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08/17/2023 06:00 AM

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Good Natured Products Inc. Announces Date for Q2 2023 Financial Results and Conference Call

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good natured Products Inc. will report Q2 2023 results on August 29, 2023. The conference call to discuss the results will be hosted by Paul Antoniadis, Chair and CEO, and Kerry Biggs, CFO. Dial-in details for the call are provided.

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08/15/2023 09:00 AM

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Good Natured Publishes "Ready-to-Eat" Report Revealing Convenience Eating and Sustainable Packaging Trends

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08/10/2023 06:00 AM

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Good Natured Announces Multi-Year Deal with Pharmaceutical Packaging Company

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07/14/2023 03:10 PM

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Good Natured Products Inc. Appoints New Board Member

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07/14/2023 03:00 PM

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Good Natured Products Inc. Announces AGM Results

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good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) announced the successful results of its annual general meeting, including the election of all five board nominees, adoption of resolutions, and approval of amendments to the Company's omnibus equity incentive compensation plan. The approved changes include an increase in the number of common shares reserved for issuance under the plan and other adjustments to comply with TSX-V policies.

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FAQ

What is the current stock price of GOOD NATURED PRODS (GDNPF)?

The current stock price of GOOD NATURED PRODS (GDNPF) is $0.00485 as of October 15, 2024.

What is the market cap of GOOD NATURED PRODS (GDNPF)?

The market cap of GOOD NATURED PRODS (GDNPF) is approximately 1.8M.

What is GOOD NATURED PRODS INC known for?

GOOD NATURED PRODS INC is a leader in eco-friendly food packaging, bio-based plastic extrusion, and plant-based products.

Why did the company experience a decline in revenue for Q1 2024?

The decline in revenue was primarily due to slow market conditions, increased competitive pressure, and adjustments in product offerings.

What steps has the company taken to improve profitability?

GOOD NATURED PRODS INC has focused on cost containment, adjusted product offerings, and undertaken cost reduction initiatives to enhance profitability.

What are the company's future growth plans?

The company is committed to exploring options for strategic growth, including restructuring debt obligations and optimizing operating capabilities for long-term sustainability.