EARTHRENEW ANNOUNCES Q2 2022 FINANCIAL RESULTS – QNT Press Release


/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/

CALGARY, AB, Aug. 29, 2022 /CNW/ – EarthRenew Inc. (CSE:ERTH) (OTCQB:VVIVF) (“EarthRenew” or the “Company”), along with its wholly-owned subsidiary, Replenish Nutrients Ltd. (“Replenish”), are pleased to announce Q2 financial results highlighting strong product demand and revenue growth.

Highlights:
  • Replenish delivered record revenues in the first half of 2022 on the back of strong product demand stemming from favourable weather conditions and market fundamentals.
  • The Company generated quarter-to-date and year-to-date revenues of $7.0 million and $10.1 millionrespectively, compared to $1.4 million in the prior year.
  • The Company is on track to double annual fertilizer revenue in fiscal 2022 while revenue guidance remains unchanged at $27 million with approximately 50% of second half forecasted …

Full story available on Benzinga.com



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