Smart for Life climbs on annual revenue jump

Smart for Life

01/04/2022 17:08

** Shares of food supplements maker  SMFL.O  rise as much as
3.6% at $1.16; stock last up 1.2%
    ** Co reports four-fold jump in annual revenue to $9 mln,
helped by easing of pandemic curbs and acquisitions  urn:newsml:reuters.com:*:nGNX5Fxw8v
    ** But net loss widens to $7.8 mln from a loss of $3.2 mln a
year earlier due to a jump in expenses
    ** Stock has lost ~89% of its value, as of last close, since
its IPO in February 

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))