Modern Plant Based Foods (XCNQ:MEAT) 3-Year Revenue Growth Rate : 55.30% (As of Nov. 2023)

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What is Modern Plant Based Foods 3-Year Revenue Growth Rate?

Modern Plant Based Foods's Revenue per Share for the three months ended in Nov. 2023 was C$0.02.

During the past 12 months, Modern Plant Based Foods's average Revenue per Share Growth Rate was -69.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 55.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Modern Plant Based Foods was 55.30% per year. The lowest was 55.30% per year. And the median was 55.30% per year.

Competitive Comparison of Modern Plant Based Foods's 3-Year Revenue Growth Rate

For the Packaged Foods subindustry, Modern Plant Based Foods's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Modern Plant Based Foods's 3-Year Revenue Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's 3-Year Revenue Growth Rate falls into.

Modern Plant Based Foods 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Modern Plant Based Foods (XCNQ:MEAT) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Modern Plant Based Foods 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Modern Plant Based Foods's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Modern Plant Based Foods (XCNQ:MEAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Plant Based Foods Inc (XCNQ:MEAT) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MDRNF:USA L3OP:Germany

Address

700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.themodernmeat.com

Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

Modern Plant Based Foods (XCNQ:MEAT) Headlines

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