Smart for life announces q2 2023 financial results and provides business update

Balance sheet transformation includes conversion of over $5.8 million debt to equity stockholders' equity improves from deficit of $2.4 million to equity of $4.6 million loss for the six-month period decreases from $20.0 million to $8.5 million miami, aug. 23, 2023 (globe newswire) -- smart for life, inc. (nasdaq: smfl) (“smart for life” or the “company”), a high growth global leader in the health & wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today provided a business update and reported financial results for the three months ended june 30, 2023. “we continue to advance our operations and have made significant progress growing our brands.
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