{"id":390814,"date":"2020-12-01T09:56:17","date_gmt":"2020-12-01T14:56:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390814"},"modified":"2020-12-01T09:56:17","modified_gmt":"2020-12-01T14:56:17","slug":"update-else-nutrition-reports-third-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/","title":{"rendered":"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span>, <span class=\"xn-chron\">Nov. 30, 2020<\/span> \/PRNewswire\/ &#8211;<b>\u00a0ELSE NUTRITION HOLDINGS INC. (TSXV: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=3161239354&amp;u=https%3A%2F%2Ffinance.yahoo.com%2Fq%3Fs%3Dbaby.v&amp;a=BABY\" rel=\"nofollow noopener noreferrer\">BABY<\/a>) (OTCQX: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=1896360401&amp;u=https%3A%2F%2Ffinance.yahoo.com%2Fq%3Fs%3Dbabyf&amp;a=BABYF\" rel=\"nofollow noopener noreferrer\">BABYF<\/a>) (FSE: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=509226061&amp;u=https%3A%2F%2Ffinance.yahoo.com%2Fq%3Fs%3D0yl.f&amp;a=0YF\" rel=\"nofollow noopener noreferrer\">0YF<\/a>) (&#8220;Else&#8221; or the &#8220;Company&#8221;)<\/b><b>\u00a0<\/b>the\u00a0plant-based baby, toddler and children nutrition <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=2278688603&amp;u=https%3A%2F%2Felsenutrition.com%2F&amp;a=company\" rel=\"nofollow noopener noreferrer\">company<\/a>,\u00a0today announced results for its third quarter ended <span class=\"xn-chron\">September 30, 2020<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\" title=\"Else Nutrition Holdings Inc. Logo (CNW Group\/Else Nutrition Holdings Inc.)\" alt=\"Else Nutrition Holdings Inc. Logo (CNW Group\/Else Nutrition Holdings Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The following will summarize our major achievements in the third quarter of 2020, as well as our business. Full financial results can be found in the Company News section of our website at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=760383292&amp;u=https%3A%2F%2Felsenutrition.com%2Fpages%2Finvestor-relations&amp;a=https%3A%2F%2Felsenutrition.com%2Fpages%2Finvestor-relations\" rel=\"nofollow noopener noreferrer\">https:\/\/elsenutrition.com\/pages\/investor-relations<\/a>.\u00a0\u00a0<\/p>\n<p>\n        <b>Q3 2020 Financial Highlights<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.\u00a0 <\/li>\n<li>In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, growing the brand awareness and obtaining the funding necessary for full-scale commercialization of the product line. <\/li>\n<li>The Company completed the first two (2) commercial manufacturing runs of Else Complete Nutrition for Toddlers powder product. <\/li>\n<li>The Company launched online sales in <span class=\"xn-location\">North America<\/span> on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=2571572698&amp;u=http%3A%2F%2Fwww.elsenutrition.com%2F&amp;a=www.elsenutrition.com\" rel=\"nofollow noopener noreferrer\">www.elsenutrition.com<\/a> and on Amazon.com. <\/li>\n<li>In October, the Company completed a <span class=\"xn-money\">C$25.7 million<\/span> financing (the financing closed on October). <\/li>\n<li>Operating loss was <span class=\"xn-money\">C$2,779 thousand<\/span>, compared to <span class=\"xn-money\">C$1,056 thousand<\/span> in the third quarter of 2019. <\/li>\n<li>Net loss was <span class=\"xn-money\">C$3,930 thousand<\/span>, or <span class=\"xn-money\">C$0.05<\/span> per share, compared to <span class=\"xn-money\">C$1,058 thousand<\/span>, or <span class=\"xn-money\">C$0.02<\/span> per share in the third quarter of 2019. <\/li>\n<li>Cash flow used for operating activities was <span class=\"xn-money\">C$2,965 thousand<\/span>, compared to <span class=\"xn-money\">C$2,089 thousand<\/span> in the third quarter of 2019. <\/li>\n<li>Cash position was <span class=\"xn-money\">C$5.1 million<\/span> as of <span class=\"xn-chron\">September 30, 2020<\/span> (does not reflect the October financing for <span class=\"xn-money\">C$25.7 million<\/span>).<\/li>\n<\/ul>\n<p>\n        <b>Nine Months Financial Highlights<\/b>\n      <\/p>\n<p>The company started its operation in <span class=\"xn-chron\">June 2019<\/span> so there are no comparable figures from 2019.<\/p>\n<ul type=\"disc\">\n<li>Operating loss was <span class=\"xn-money\">C$5,578 thousand<\/span>. <\/li>\n<li>Net loss was <span class=\"xn-money\">C$10,076 thousand<\/span>, or <span class=\"xn-money\">C$0.13<\/span> per share. <\/li>\n<li>Cash flow used for operating activities in the first nine months of 2020 was <span class=\"xn-money\">C$5,612 thousand<\/span>.<\/li>\n<\/ul>\n<p>\n        <span class=\"xn-person\">Hamutal Yitzhak<\/span>, Else CEO, commented: &#8220;I am very proud of our achievements this quarter. Although COVID-19 caused a slowdown on many fronts, we succeeded to complete two commercial manufacturing runs, package our product, launch our marketing campaign and start selling our revolutionary Plant-Based Complete Nutrition for Toddlers product in <span class=\"xn-location\">North America<\/span> on our e-store and on Amazon.com. We also made significant progress on many other fronts, including the hiring of several retail brokers, listing on several natural food retail chains, onboarding to KeHE distributors, product development, clinical research, and more. By the end of the quarter we also completed our third and largest funding round (<span class=\"xn-money\">C$25.7 million<\/span>), securing funds for operations for the next 18 months. We are very happy with the growth rate of our online sales since we launched, and with the progress we are making in the retail channel.&#8221; <\/p>\n<p>\n        <b>Impact of COVID-19<\/b>\n      <\/p>\n<p>We experience the effect of the pandemic in all areas of our business, from delays in raw material deliveries, to clinical and product development projects. Due to lockdowns and other COVID-19 related measures all our business meeting, marketing events, conferences and expos were either canceled or turned virtual, slowing down the pace of our business development efforts.<\/p>\n<p>\n        <b>Revenue Distribution for Q3 2020<\/b>\n      <\/p>\n<p>The Baby Snacks business line in <span class=\"xn-location\">Israel<\/span> represented 44%, Baby Bottles and Accessories business line in <span class=\"xn-location\">Israel<\/span> represented 26% and the Else Formula business represented 30% of total revenues.<\/p>\n<p>As we started selling our Else Complete Nutrition For Toddler products (singles and 4-packs of 22oz cans of powder) online on our e-store (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=2571572698&amp;u=http%3A%2F%2Fwww.elsenutrition.com%2F&amp;a=www.elsenutrition.com\" rel=\"nofollow noopener noreferrer\">www.elsenutrition.com<\/a>) on <span class=\"xn-chron\">August 12<\/span>, our revenue from this channel represent the first few weeks of sales only, and amounted to <span class=\"xn-money\">C$109 thousand<\/span>.<\/p>\n<p>We started selling the same products also on Amazon.com on <span class=\"xn-chron\">September 20<\/span>, and during these few days we completed well over 100 first sales which amounted to <span class=\"xn-money\">$C5 thousand<\/span>.<br \/>Sells to retail stores did not commence in Q3, so no revenue was recorded yet from this channel.<\/p>\n<p>\n        <b>Revenue Distribution for Nine Months 2020<\/b>\n      <\/p>\n<p>The Baby Snacks business line in <span class=\"xn-location\">Israel<\/span> represented 44%, Baby Bottles and Accessories business line in <span class=\"xn-location\">Israel<\/span> represented 43% and the Else Formula business represented 13% of total revenues.<\/p>\n<p>\n        <b>About Else Nutrition Holdings Inc. <\/b>\n      <\/p>\n<p>Else Nutrition GH Ltd. is an <span class=\"xn-location\">Israel<\/span>-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the &#8220;2017 Best Health and Diet Solutions&#8221; award at the Global Food Innovation Summit in <span class=\"xn-location\">Milan<\/span>. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else&#8217;s\u00a0Executives includes leaders hailing from\u00a0leading infant nutrition companies. Many of Else advisory board\u00a0 members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies,\u00a0 and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children&#8217;s Hospital, Pediatrics at <span class=\"xn-org\">Harvard Medical School<\/span>, <span class=\"xn-location\">USA<\/span>, <span class=\"xn-org\">Tel Aviv University<\/span>, Schneider Children&#8217;s Medical Center of <span class=\"xn-location\">Israel<\/span>, Rambam Medical Center and Technion, <span class=\"xn-location\">Israel<\/span> and University Hospital <span class=\"xn-location\">Brussels, Belgium<\/span>.<\/p>\n<p>For more information, visit:\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996975-2&amp;h=2511203774&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2726485-1%26h%3D2322667733%26u%3Dhttp%253A%252F%252Fpr.report%252F1chfHU4k%26a%3Delsenutrition.com&amp;a=elsenutrition.com\" rel=\"nofollow noopener noreferrer\">elsenutrition.com<\/a><\/u>\u00a0or @elsenutrition on Facebook and Instagram.<\/p>\n<p>\n        <b><br \/>\n          <i>TSX Venture Exchange<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Caution Regarding Forward-Looking Statements<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>This press release contains statements that may constitute &#8220;forward-looking statements&#8221; within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as &#8220;will&#8221; or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the Company&#8217;s financial disclosure documents.\u00a0 Such forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management&#8217;s perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID 19 and that the manufacturing, broker and supply logistic agreement with the Company do not terminate. \u00a0Actual results may differ from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements.\u00a0 Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management&#8217;s expectations only as of the date of this press release. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/i>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA08064&amp;sd=2020-12-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/update---else-nutrition-reports-third-quarter-2020-results-301182718.html\">http:\/\/www.prnewswire.com\/news-releases\/update&#8212;else-nutrition-reports-third-quarter-2020-results-301182718.html<\/a><\/p>\n<p>SOURCE  Else Nutrition Holdings Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA08064&amp;Transmission_Id=202012010952PR_NEWS_USPR_____VA08064&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC, Nov. 30, 2020 \/PRNewswire\/ &#8211;\u00a0ELSE NUTRITION HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YF) (&#8220;Else&#8221; or the &#8220;Company&#8221;)\u00a0the\u00a0plant-based baby, toddler and children nutrition company,\u00a0today announced results for its third quarter ended September 30, 2020. The following will summarize our major achievements in the third quarter of 2020, as well as our business. Full financial results can be found in the Company News section of our website at\u00a0https:\/\/elsenutrition.com\/pages\/investor-relations.\u00a0\u00a0 Q3 2020 Financial Highlights Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.\u00a0 In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390814","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC, Nov. 30, 2020 \/PRNewswire\/ &#8211;\u00a0ELSE NUTRITION HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YF) (&#8220;Else&#8221; or the &#8220;Company&#8221;)\u00a0the\u00a0plant-based baby, toddler and children nutrition company,\u00a0today announced results for its third quarter ended September 30, 2020. The following will summarize our major achievements in the third quarter of 2020, as well as our business. Full financial results can be found in the Company News section of our website at\u00a0https:\/\/elsenutrition.com\/pages\/investor-relations.\u00a0\u00a0 Q3 2020 Financial Highlights Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.\u00a0 In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, &hellip; Continue reading &quot;UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T14:56:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results\",\"datePublished\":\"2020-12-01T14:56:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/\"},\"wordCount\":1141,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1346017\\\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/\",\"name\":\"UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1346017\\\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\",\"datePublished\":\"2020-12-01T14:56:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1346017\\\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1346017\\\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/update-else-nutrition-reports-third-quarter-2020-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/","og_locale":"en_US","og_type":"article","og_title":"UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk","og_description":"PR Newswire VANCOUVER, BC, Nov. 30, 2020 \/PRNewswire\/ &#8211;\u00a0ELSE NUTRITION HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YF) (&#8220;Else&#8221; or the &#8220;Company&#8221;)\u00a0the\u00a0plant-based baby, toddler and children nutrition company,\u00a0today announced results for its third quarter ended September 30, 2020. The following will summarize our major achievements in the third quarter of 2020, as well as our business. Full financial results can be found in the Company News section of our website at\u00a0https:\/\/elsenutrition.com\/pages\/investor-relations.\u00a0\u00a0 Q3 2020 Financial Highlights Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.\u00a0 In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, &hellip; Continue reading \"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T14:56:17+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results","datePublished":"2020-12-01T14:56:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/"},"wordCount":1141,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/","name":"UPDATE - Else Nutrition Reports Third Quarter 2020 Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg","datePublished":"2020-12-01T14:56:17+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/1346017\/Else_Nutrition_Holdings_Inc__UPDATE___Else_Nutrition_Reports_Thi.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/update-else-nutrition-reports-third-quarter-2020-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"UPDATE &#8211; Else Nutrition Reports Third Quarter 2020 Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/390814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=390814"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/390814\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=390814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=390814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=390814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}