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Companies $GRVE
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Groove Botanicals Inc logo

Groove Botanicals Inc

avalonoilinc.com

What Do They Do?

Evaluates early-stage Norwegian research and intellectual property for potential licensing, development, or commercialization in North America.

Do Revenues Turn Into Profits?

No. It lost $243.2K in FY2017.

Operating income, FY2017
−416% of revenue
▼ −91% (Loss) vs FY2016 (−$2.8M, −5233%)
Net income, FY2017
−427% of revenue
▼ −90% (Loss) vs FY2016 (−$2.5M, −4730%)

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q1 FY2027, the three months to Jun 30, 2026
Net income
▼ −45% (Loss)
vs −$38.2K in Q1 FY2026

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