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PLTXF - PlantX Life reports June gross revenue of $901000
PlantX Life
2023-07-11 11:46:33 ET
PlantX Life ( OTCPK:PLTXF ) reports June revenue of $901,000, with continued increases from Little West cold-pressed juices and PlantX Midwest offset by strategic actions to improve profitability.
Gross profit margin expanded ~50 bps sequentially to 45.8% compared to 45.3% in May.
Management said that growth is increasingly being driven by emerging ecommerce fulfillment business.