PlantX Life Inc. is pleased to announce that it generated monthly gross revenue of $ 1,744,248 for April 2022. Cost of Goods Sold was $1,133,761 for the same month.
PlantX continues to experience growth which is reflected by its revenue for April 2022, which is 164% higher than its gross revenue for April 2021, net of wholesale revenue.
“Our revenue for April is a strong indicator that the Company continues to leverage its investment in innovation in effective ways,” said PlantX CEO, Lorne Rapkin. “This momentum has the potential to drive future sales and demand for our products and we are determined to experience even more impressive monthly and yearly revenues in the future.”
The financial results disclosed in this press release are management prepared and have not been audited or reviewed by the Company’s auditors. Unless otherwise indicated, all amounts are expressed in Canadian dollars.
As the digital face of the plant-based community, PlantX’s platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the Company offers customers across North America more than 5,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of likeminded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.
The Company website is http://investor.PlantX.com/.