- Peekaboo Beans (BEAN) has announced its financial results for the first quarter of 2022
- From October to December 2021, the company reported an increase of 33 per cent compared to the previous quarter
- The company’s boxing week promotion in December brought in an 83 per cent increase in sales
- The company will focus on growth in 2022 to build top line revenue
- PK Beans is an integrated and innovative children’s wellness brand
- Shares in Peekaboo Beans Inc. (BEAN) are steady, trading at $0.02 per share
Peekaboo Beans (BEAN) has announced its financial results for the first quarter of 2022.
From October to December 2021, the company reported an increase of 33 per cent compared to the previous quarter.
Notably, the company’s boxing week promotion in December brought in an 83 per cent increase in sales compared to the previous year’s promotion.
Although the company continued to experience continued disruption due to COVID-19, PK Beans has continued to achieve milestones throughout 2021.
Its achievements include the acquisition of Les Petits Terribles, the closing of a $1.15 million private placement, the growth of its sustainability initiative PK Replay, and its entry into the “kid friendly metaverse” with the launch of its Interactive Pajamas.
With strong digital marketing results coming out of Q1, the company will focus on growth in 2022 to build top-line revenue, with a goal to becoming the go-to brand for kids in North America.
PK Beans is an integrated and innovative children’s wellness brand.
From sustainable clothing options that kids love to wear, to healthy foods that fuel children’s play, the company’s mission is to provide the ingredients for a playful life.
Shares in Peekaboo Beans Inc. (BEAN) are steady, trading at $0.02 per share.