Neptune Wellness Solutions Inc. operates as an integrated health and wellness company in Canada, the United States, and internationally. It builds a portfolio of lifestyle brands and consumer packaged goods products under the Biodroga, Forest Remedies, Ocean Remedies, Neptune Wellness, Mood Ring, PanHash, Sprout, Nosh, MaxSimil, and NurturMe brands. The company also offers turnkey product development and supply chain solutions to business customers in various health and wellness verticals, including nutraceuticals, beauty and personal care products, and organic foods and beverages. In addition, it is involved in the extraction, purification, formulation, and manufacturing of health and wellness products. Further, the company offers Maxsimil, an omega-3 fatty acid delivery technology that uses enzymes that mimic the natural human digestive system to predigest omega-3 fatty acids. It has a collaboration agreement with International Flavors & Fragrances Inc. to co-develop hemp-derived CBD products for the mass retail, and health and wellness markets. The company was incorporated in 1998 and is headquartered in Laval, Canada.
Revenue of Neptune Wellness Solutions Inc. (NEPT)
Revenue in 2023 (TTM): $52.62 M
According to Neptune Wellness Solutions Inc.'s latest financial reports the company's current revenue (TTM) is $52.62 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Neptune Wellness Solutions Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $52.62 M | $-21,839,227 | $-63,054,910 | $-120,018,433 | $-81,712,447 |
| 2022 | $61.01 M | $-10,578,014 | $-79,887,076 | $-105,548,390 | $-93,730,425 |
| 2021 | $44.49 M | $-35,575,628 | $-95,653,118 | $-160,548,626 | $-154,802,544 |
| 2020 | $29.58 M | $-1,838,447 | $-58,942,893 | $-56,261,922 | $-60,863,262 |
| 2019 | $24.44 M | $7.61 M | $-11,836,595 | $-23,021,688 | $-23,191,699 |
| 2018 | $27.65 M | $6.32 M | $-18,989,699 | $7.7 M | $17.53 M |
| 2017 | $43.22 M | $11.82 M | $-4,876,372 | $2.98 M | $6.38 M |
| 2016 | $22.63 M | $4.57 M | $-13,187,494 | $-12,758,082 | $-7,469,989 |
| 2015 | $15.07 M | $-8,017,842 | $-39,512,234 | $-29,577,189 | $-27,960,545 |
| 2014 | $19.5 M | $2.52 M | $-37,268,144 | $-22,237,472 | $-16,640,006 |
| 2013 | $25.95 M | $10.31 M | $-14,857,756 | $-18,962,466 | $-16,770,358 |
| 2012 | $19.25 M | $10.13 M | $-4,870,281 | $-5,625,140 | $-4,619,337 |
| 2011 | $17.06 M | $2.85 M | $-3,413,673 | $760.09 K | $527.52 K |
| 2010 | $12.05 M | $1.43 M | $-1,593,262 | $-1,460,563 | $-1,460,563 |
| 2009 | $10.32 M | $1.41 M | $-3,343,008 | $-1,890,000 | $-4,812,234 |
| 2008 | $7.6 M | $1.72 M | $-1,108,633 | $-2,009,883 | $-2,503,444 |
| 2007 | $6.28 M | $382.33 K | $-950,603 | $115.69 K | $-804,823 |
| 2006 | $4.01 M | $398.16 K | $324.37 K | $-596,543 | $-1,408,592 |
| 2005 | $1.66 M | $-1,045,073 | $-1,203,786 | $-1,990,651 | $-2,593,961 |
| 2004 | $1.66 M | $-1,045,073 | $-1,761,612 | $ | $-2,429,764 |
| 2003 | $ | $ | $-1,657,514 | $ | $-1,668,821 |
| 2002 | $ | $ | $-789,447 | $ | $-765,134 |
| 2001 | $ | $ | $-121,323 | $ | $-121,323 |
| 2000 | $ | $ | $-121,323 | $ | $-121,323 |