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Last C$0.20 CAD
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XYL On Other Exchanges
As of 3:56 PM 07/23/15 All times are local (Market data is delayed by at least 15 minutes).

xylitol canada inc (XYL) Snapshot

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xylitol canada inc (XYL) Details

Xylitol Canada Inc. manufactures and distributes food and pharmaceutical-grade xylitol and xylitol based-products under the brand name Xyla for health and diabetic markets primarily in Canada and the United States. Xylitol is a natural sweetener. Its xylitol and xylitol based-products include candies, mints, gums, chocolates, lollipops, and condiments. The company was founded in 2004 and is headquartered in Toronto, Canada.

Founded in 2004

xylitol canada inc (XYL) Top Compensated Officers

Chief Executive Officer, President and Non In...
Total Annual Compensation: C$150.0K
Compensation as of Fiscal Year 2013.

xylitol canada inc (XYL) Key Developments

Xylitol Canada Provides Corporate Update on Xylose Plant Initiatives

Xylitol Canada Inc. announced that the company is entering its final phases of engineering for its planned xylose production facility. Xylitol Canada operates 2 business units that address the growing xylose and xylitol markets. Xylitol Canada’s consumer packaged goods division is based in Denver Colorado and has grown from under $500,000.00 in revenue in 2010. To over $8,600,000.00 in 2014. Xylitol Canada operates a 50,000 square foot xylitol facility where it produces and packages a full catalog of natural sugar free products, most notably its natural sugar alternatives. Currently, the company announced that its first commercial scale xylose plant is in advanced stage planning and development. In September 2014, Xylitol Canada appointed Roche Engineering to facilitate preliminary engineering of the Company’s first commercial plant. This plant initiative comes on the heels of 2 years of site specific trials and commercial negotiation with a key feedstock supplier. Process optimization has continued since the Roche appointment and recently culminated in commercial grade xylose samples being produced in early 2015. These xylose samples were distributed to prospective industry partners for evaluation and the quality was universally accepted as meeting or exceeding the high North American food grade specifications. Currently Xylitol Canada is completing preliminary engineering and is prepared to go to detailed engineering in October 2015. Working alongside Roche, a GANTT chart has been prepared that has Xylitol Canada breaking ground on this production facility in March of 2016 and tentatively completing the project in early first quarter 2017. As such, the Company recently appointed Dr. Anjana Meel to spearhead the project management.

Xylitol Canada Inc. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Xylitol Canada Inc. announced consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net loss of $1,169,727 or $0.013 per share on revenue of $1,917,707 compared to net loss of $576,821 or $0.007 per share on revenue of $2,170,624 reported in the same period last year.

Xylitol Canada Inc. Announces Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2014

Xylitol Canada Inc. announced financial results for the fourth quarter and twelve months ended December 31, 2014. For the quarter, the company reported revenue of $2,268,501 against $2,555,526 last year. Net loss was $853,341 or $0.008 per share against $621,240 or $0.007 per share last year. For the year, the company reported revenue of $8,607,975against $6,508,998 last year. Net loss was $2,848,680 or $0.032 per share against $1,808,790 or $0.024 per share last year.


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