Better Choice Co

Better Choice Co., Inc. is an animal health and wellness company. The firm sells dog food, cat food, and treats under the Halo and TruDog brands, which are focused on providing sustainably sourced kibble and canned food derived from real whole meat, and minimally processed raw-diet dog food. Its brands include Trucut, Bona Vida, Orapup, Rawgo, and TruDog. The company was founded on January 3, 2001 and is headquartered in Tampa, FL.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Better Choice Co excels in Q2 2024, eyes profitability and growth

Better Choice Co's Q2 2024 performance reflects a resilient financial position, operational efficiency, and strategic initiatives driving growth. While challenges persist in achieving positive adjusted EBITDA, the company's focus on profitability, debt reduction, and confidence in future goals present promising opportunities for investors.

Better Choice Co achieves first profitable quarter, eyes SRx Health acquisition

Better Choice Co's Q3 2024 performance exceeded expectations, marking a significant milestone with its first profitable quarter in years. The company's strategic focus on digital channels, international expansion, and profitability enhancements has positioned it for continued success. The upcoming acquisition of SRx Health offers promising growth prospects and operational efficiencies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Discover why Zacks has given a "Neutral" rating for Better Choice, being the first on Wall Street to initiate coverage on the stock. Dive into the company's profitability milestone and international growth, balanced by challenges in liquidity.

Zacks Initiates Coverage of Better Choice With Neutral Recommendation

TAMPA, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced that as part of the acquisition of SRx Health Solutions Inc. (‘SRx Health'), a leading provider of innovative healthcare solutions, the capital stock distribution of Halo, Purely for Pets, Inc. has increased from an 8% to 17% dividend. The closing of the transaction is subject to customary closing conditions, including the receipt of required shareholder approvals from SRx Health and Better Choice. The transaction is expected to close during the first quarter of 2025.

Better Choice Company Increases Capital Stock Distribution of Halo as Part of the SRx Health Transaction from an 8% to 17% Dividend

Better Choice Company Inc. (NYSE:BTTR ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Valter Pinto - Investor Relations Kent Cunningham - Chief Executive Officer Nina Martinez - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the Better Choice 2024 Third Quarter Financial Results Conference Call. All participants will be in listen-only mode.

Better Choice Company Inc. (BTTR) Q3 2024 Earnings Call Transcript

BTTR reports strong third-quarter 2024 results, with 194% year-over-year net income rise, marking its first profitable quarter over four years.

Better Choice Shares Down Despite Posting Strong Q3 Earnings

TAMPA, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced that management will be participating at the Sidoti Micro Cap Conference virtually on November 13-14th, 2024.

Better Choice Company to Present at the Sidoti Micro Cap 2024 Virtual Conference

Combined company will emerge as a leading global health and wellness company by providing better products and solutions for pets, people, and families

UPDATE -- Better Choice Company Chairman Issues Letter to Shareholders as Company Continues to Make Progress Towards the Closing of its SRx Health Acquisition

Better Choice Company Chairman Issues Letter to Shareholders as Company Continues to Make Progress Towards the Closing of its SRx Health Acquisition

TAMPA, Fla., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced expansion plans into veterinary medicine in 2025 following the closing of the SRx Health acquisition. The new initiative, Better Pet Rx, will focus on providing care for your pets with love.

Better Choice Company to Expand into Veterinary Medicine in 2025 Following the Acquisition of SRx Health

TAMPA, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced that management, along with the SRx Health Solutions Inc. (‘SRx Health') team, will host a shareholder update call on Tuesday, October 15, 2024 at 4:30 PM Eastern Time.

Better Choice Company and SRx Health to Host Shareholder Update Call on October 15th

Sustained Sales Momentum in China in Q3 Following 37% Sequential Growth in Q2 Acquisition of SRx Health Remains On-Track TAMPA, Fla., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced it will present at the ThinkEquity Conference on October 30th, 2024 at the Mandarin Oriental Hotel in New York City.

Better Choice Company to Present at the 2024 ThinkEquity Conference and Provides Detail on Sales in China and the Acquisition of SRx Health

ARC Document Solutions

NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BTTR and ARC on Behalf of Shareholders

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Better Choice Company Inc. ( NYSE : BTTR ) , relating to its proposed merger with SRx Health Solutions Inc. Under the terms of the agreement, BTTR shareholders are expected to own approximately 15% of the combined company.

BTTR INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Better Choice Company Inc. – BTTR

NEW YORK , Sept. 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

BTTR INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Better Choice Company Inc. - BTTR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Better Choice Company Inc. (the “Company”) (NYSE: BTTR) and SRx Health Solutions Inc. Upon completion of the proposed transaction, Better Choice shareholders will own approximately 15% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whet.

BETTER CHOICE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Better Choice Company Inc. - BTTR

MILWAUKEE , Sept. 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Better Choice (NYSE American: BTTR) for possible breaches of fiduciary duty and other violations of law in its transaction with SRx Health.

Shareholder Alert: Ademi LLP investigates whether Better Choice Company Inc. has obtained a Fair Price for its Public Shareholders

Pro Forma Adjusted Net Tangible Book Value Per Share (NTBVPS) Increases 6% to $4.07 per share Pro Forma Adjusted Net Current Asset Value Per Share (NCAVPS) Increases 16% to $3.94 per share TAMPA, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today provides shareholders with an update on its pro-forma and as-adjusted balance sheet.

Better Choice Company Provides Shareholder Update on Balance Sheet

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Better Choice Company Inc. (NYSE American: BTTR) and SRx Health Solutions Inc. is fair to Better Choice shareholders. Upon completion of the proposed transaction, Better Choice shareholders will own approximately 15% of the combined company. Halper Sadeh encourages Better Choice shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Z.

BTTR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Better Choice Company Inc. Is Fair to Shareholders

SAN FRANCISCO--(BUSINESS WIRE)--Capella Space Partners with SATIM for 24/7, all-weather automated object detection and classification in SAR imagery.

SATIM Becomes a Capella Space Certified Analytics Partner to Accelerate Automatic Object Detection and Classification in SAR Imagery

CHICAGO--(BUSINESS WIRE)--Alternative investment firm Chicago Atlantic appointed former BlackRock executive Kushal Kshirsagar as Managing Director, Private Wealth Solutions.

Former BlackRock Executive Kushal Kshirsagar Joins Chicago Atlantic

Better Choice Company Inc. (NYSE:BTTR ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Kent Cunningham – Chief Executive Officer Nina Martinez – Chief Financial Officer Conference Call Participants Operator Thank you, and welcome to the Better Choice Company Second Quarter 2024 Earnings Call. Today's call is being recorded.

Better Choice Company Inc. (BTTR) Q2 2024 Earnings Call Transcript

TAMPA, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced that its Board of Directors has formed a special committee consisting of Lionel Conacher, John Word III and Michael Young.

Better Choice Company Announces Formation of Special Committee to Evaluate M&A and Asset Monetization

Estimates $2.7 Million Net Income for Second Quarter 2024, a 190% Increase YOY Estimates Basic EPS of $2.98 per share for Second Quarter 2024, a 170% Increase YOY Estimates Halo Breaks Even at $0.02 Million Adj. EBITDA for First Half 2024, a 101% Increase YOY*

BETTER CHOICE PROVIDES POSITIVE PRELIMINARY RESULTS FOR THE SECOND QUARTER OF 2024

Tampa, Florida, July 31, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or (“Better Choice”), a pet health and wellness company, today announced the closing of its public offering of 639,000 shares of its common stock and Pre-funded warrants to purchase 1,028,000 shares of its common stock (“Pre-Funded Warrants”). Each share of common stock and Pre-Funded Warrant was sold at a public offering price of $3.00 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of approximately $5 million, before deducting underwriting discounts and offering expenses. In addition, Better Choice has granted the underwriters a 45-day option to purchase up to an additional 100,000 shares of common stock and/or Pre-Funded Warrants at the public offering price less the underwriting discount.

Better Choice Company Inc. Announces Closing of Public Offering - Updated

Tampa, Florida, July 31, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or (“Better Choice”), a pet health and wellness company, today announced the closing of its public offering of 639,000 shares of its common stock and Pre-funded warrants to purchase 1,280,000 shares of its common stock (“Pre-Funded Warrants”). Each share of common stock and Pre-Funded Warrant was sold at a public offering price of $3.00 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of approximately $5 million, before deducting underwriting discounts and offering expenses. In addition, Better Choice has granted the underwriters a 45-day option to purchase up to an additional 100,000 shares of common stock and/or Pre-Funded Warrants at the public offering price less the underwriting discount.

Better Choice Company Inc. Announces Closing of Public Offering

Tampa, Florida, July 29, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or (“Better Choice”), a pet health and wellness company, today announced the pricing of its underwritten public offering of an aggregate of 1,667,000 shares of its common stock (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof). Each share of common stock (or Pre-Funded Warrant) is being sold at a public offering price of $3.00 per share (inclusive of the Pre-Funded Warrant exercise price). Total gross proceeds from the offering, before deducting underwriting discounts and offering expenses, are expected to be approximately $5 million. In addition, Better Choice has granted the underwriters a 45-day option to purchase up to an additional 100,000 shares of common stock and/or Pre-Funded Warrants at the public offering price less the underwriting discount.

News for Better Choice Co Stock (BTTR)