PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTC: PLTXF), the digital face of the plant-based community operating a one-stop shop for plant-based products, has released its condensed interim consolidated financial results for the period ended Dec. 31, 2023. According to the report, the company experience consistent growth and operational efficiency throughout Q3, with reported revenue of C$9,184,678 and a net loss of C$5,699,913. The report also noted that the company’s focus on profitability resulted in a 5% increase in gross profit margin compared to the same period in 2022. “Operating expenses notably decreased by C$1,829,856 compared to the same period in 2022, driven by prudent cost-cutting measures and heightened operational effectiveness,” stated the company in the press release. “Advertising, promotion, consulting and administrative expenses were all streamlined, reflecting the company’s commitment to fostering a sustainable and thriving business. The opening of the XMarket Vegan Food Hall and the strong financial performance in Q3 2024 signal PlantX’s dedication to elevating the plant-based lifestyle through culinary innovation and operational excellence.”

To view the full press release, visit https://ibn.fm/IbOas

About PlantX Life Inc.

PlantX is committed to being the digital face of the plant-based community as well as the one-stop shop for plant-based products. With its fast-growing category verticals, the company offers customers across North America more than 5,000 plant-based products. In addition to offering delivery service for meals and indoor plants, the company currently has plans underway to expand its product lines to include a juice and coffee company. PlantX uses its digital platform to build a community of like-minded consumers and, most importantly, to provide education. PlantX’s digital presence eliminates entry barriers for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information about this company, please visit www.PlantX.com and www.PlantX.ca.

NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

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