QualityStocksNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Achieves 81% Gross Profit Margin in Q1 2019
Global science-led, consumer, health-care company Geyser Brands (TSX.V: GYSR) is continuing to achieve its strategic goals. An article discussing the company reads, “Financial statements for the three months ended June 30, 2019, show Geyser Brands reporting revenues of $79,434, representing an 81% gross profit margin. . . . ‘We have begun to operationalize our manufacturing and processing capabilities, generating our first revenues during Q1. We are continuing to explore new brand opportunities and develop our manufacturing capacity to position the company for rapid expansion as our remaining Health Canada licenses get awarded,’ CEO Andreas Thatcher stated in a news release…