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  5. GDNP: Is there a future for GDNP? [Good Natured Products Inc.]
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Investment Q&A

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Q: Is there a future for GDNP? Debt, etc.
Asked by Bob on June 06, 2023
5i Research Answer:

Sales growth is expected to stall in the next two years, and losses continue. It does have (small) positive cash flow, but debt is $50M (net) and financial risk is very high here. Revenue and cash flow fell in the first quarter. With the stock down 60% in a year it is tough to attract investor interest, especially with a market cap of only $41M. Plus, it is likely going to need more capital soon. We cannot endorse it because of the extreme risk here.