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XYL

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Share Name Share Symbol Market Type
TSXV:XYL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Xylitol Canada Inc.: Financial Results for the Year Ended December 31, 2013

01/05/2014 2:13pm

Marketwired Canada


Xylitol Canada Inc. ("Xylitol Canada", or the "Company") (TSX VENTURE:XYL) today
announces that it has released its financial statements and management's
discussion and analysis for the fiscal year ending December 31, 2013. Highlights
of the results include:




--  For the twelve months ended December 31, 2013, sales increased by 87% to
    $6,508,998, compared to $3,473,053 for the twelve months ended December
    31, 2012. 
--  For the three months ended December 31, 2013, sales increased by 194% to
    $2,555,526, compared to $868,134 for the three months ended December 31,
    2012; 
--  For the twelve months ended December 31, 2013, gross profit increased by
    43% to $1,548,337, compared to $1,081,418 for the twelve months ended
    December 31, 2012; 
--  Company reports its first quarter in Company history with over
    $2,000,000 in revenue 
--  Company exceeded $1,000,000 in a single month for the first time in
    Company history 
--  Inventory as of December 31st totaled $2,563,411 including $514,000 of
    goods in transit 
--  Gross profit margins for the year were 24%



"We are very pleased to announce over $6,500,000 in revenue up from $3,500,000
last year. Our team has continued to work very hard on customer acquisition and
expansion. It can take months, even years, to gain entry to large retail
accounts, but thankfully these time commitments have paid off for our team and
we are now shipping to some of the largest retailers in North American on a
weekly basis. The market conditions continue to be very favorable as people
increasingly seek to avoid sugar, high fructose corn syrup, and artificial
sweeteners. While we are proud of our accomplishments, our strong team has
continued to execute and we expect 2014 to be another year of growth in the
Company's sales," commented Andrew Reid, CEO of Xylitol Canada. 


The Company's annual consolidated financial statements and related management's
discussion and analysis for the year ended December 31, 2013 can be found under
the Company's profile on SEDAR at www.sedar.com.


About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on
becoming a major low-cost manufacturer of xylitol and related products, serving
the global market from operations in North America. Xylitol Canada's business
strategy is to leverage novel proprietary technology and processes to become
North America's premier manufacturer of low cost, high quality xylitol from
readily available environmentally-sustainable biomass. Xylitol is a natural
sweetener which is marketed globally including Canada and the United States and
is accepted by the American Food and Drug Administration, the World Health
Organization and the American Dental Association. Xylitol contains 75% less
carbohydrates and 40% less calories than sugar, has a myriad of oral health
benefits including the prevention of tooth decay and is safe for diabetics. To
date, wider spread use of xylitol has been limited by the lack of a reliable,
low cost, high quality supplier. 


Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xylitol Canada Inc.
1-866-995-9952
IR@xylitolusa.com

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