Better Choice Company Inc. (BTTR) is a leading pet wellness company making innovative products for dogs and cats. The company develops and markets dog and cat food including food from whole meat and raw-diet dog food.
The price of BTTR stock during the regular trading on January 28, 2021, was $2.12 with a significant decrease of 9.40%. At last check in the aftermarket, the stock gained momentum by 8.96%.
BTTR: Events and Happenings
BTTR reported on January 24, 2022, that it rang the NYSE opening bell on the same date. On January 05, 2022, BTTR reported that the company’s Executives presented at the Virtual ICR Conference 2022 held on January 10-12, 2022.
On December 22, 2021, BTTR reported about the reacquisition of supplementary $326,000 of its common stock at a price of $3.43 per share. In 2021, the company reacquired up to $1.6 million of outstanding shares of its common stock. On December 15, 2021, BTTR reported that its customers grabbed $2.6 million Halo products at the online shopping event Singles Day.
On December 02, 2021, BTTR reported that the company’s Executives presented at the 10th Annual ROTH Deer Valley Corporate Access Event held on December 8-11, 2021.
BTTR: Key Financials
On November 10, 2021, BTTR reported its financial results for the third quarter ended September 30, 2021. Some of the key updates are as follows.
Net Income/Loss per Share
Net income in Q3 2021 was $8.4 million compared to a net loss of $29.5 million in the same period of 2020. Basic and diluted income per share in Q3 2021 was $0.48 and $0.34 respectively against a loss of $3.65 per share.
Assets
Total current assets recorded for the company in Q3 2021 were $47.9 million.
On October 7, 2021, BTTR reported about its entry into a contract with 154 Agency to run its online marketing campaign.
Conclusion
BTTR stock downplayed 44% from the past six months period due to the worst pandemic crisis. The investors and shareholders are showing their interest in the company’s policies which resulted in the stock price surge. The current aftermarket stock showed positive signs due to uncertain reasons as there is no recent news to point for the activity.