Friday, January 22, 2021

Food and Beverage

Emerging Growth Food and Beverage Companies

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Global Diversified Marketing Group, Inc., (OTC: GDMK) operates out of Island Park NY and is a global multi-line consumer packaged goods (“CPG”) company with branded product lines. They are a food and snack manufacturer, importer & distributor in the US, Canada, and Europe offering gourmet snacks including Italian Wafers & Croissants, French Madeleines, Wafer Pralines, Macarons and others.

Healthier Snacks, and Investments with room to Grow

Launched in 2019, Nightfood is now available in over 800 stores and quickly growing. The ice cream has been prominently featured on The Today Show, Rachael Ray, The Wall Street Journal, USA Today, Oprah Magazine, The Washington Post, The New York Times, Fox Business, and more.

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Revenues were $1,260,539, a 21% increase, as compared to revenues of $1,040,644 for the same period in 2019 Gross Profit was $475,066, a 37% increase, as compared to $344,824 for the same period in 2019 Gross margin percentage was 37.7% compared to 33.1 in the 2019 period Net loss was $26,132,488 compared to a net loss of $39,263 in the 2019 period Adjusted net profit which is defined as net profit after adding back non-cash, stock-based expense was $54,267 in 2020 compared to a net loss of $39,263 in the 2019 period.

Food Stocks to buy Now

With gross sales growing 88% to date over 2019, NightFood Holdings (OTCQB: NGTF) has their sleep-friendly ice cream in over 800 stores including the largest supermarket chains in the country such as Kroger (NYSE: KR), H-E-B, Albertsons (NYSE: ACI), and additional major distribution news is expected in 2021 Q1.

Start Investing; Starter stocks for 2021

GDMK just announced “very strong demand” for the company’s product on Amazon.com in 2020. In efforts to accommodate the demand, the company has engaged a firm to launch a new eCommerce site. The company feels that they can “efficiently build a 7-figure” digital business.

Food stocks for 2021

Revenues were $1,260,539, a 21% increase, as compared to revenues of $1,040,644 for the same period in 2019 Gross Profit was $475,066, a 37% increase, as compared to $344,824 for the same period in 2019 Gross margin percentage was 37.7% compared to 33.1 in the 2019 period Net loss was $26,132,488 compared to a net loss of $39,263 in the 2019 period Adjusted net profit which is defined as net profit after adding back non-cash, stock-based expense was $54,267 in 2020 compared to a net loss of $39,263 in the 2019 period.

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Revenues were $667,237, an 82% increase, as compared to $366,354 for the same period in 2019 Gross Profit Margin was $246,539, a 71% increase as compared to $143,997 for the same period in 2019 Gross margin percentage was 36.9% compared to 39.3% in the 2019 period Net profit was $59,144 compared to $14,126 in the 2019 period.

What to own for the beginning of 2021

GDMK just announced “very strong demand” for the company’s product on Amazon.com in 2020. In efforts to accommodate the demand, the company has engaged a firm to launch a new eCommerce site. The company feels that they can “efficiently build a 7-figure” digital business.

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Global Diversified Marketing Group, Inc., (OTC: GDMK) operates out of Island Park NY and is a global multi-line consumer packaged goods (“CPG”) company with branded product lines.

Best value stocks for 2021

GDMK just announced “very strong demand” for the company’s product on Amazon.com in 2020. In efforts to accommodate the demand, the company has engaged a firm to launch a new eCommerce site. The company feels that they can “efficiently build a 7-figure” digital business.

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