Stock daily read

What happened with BHST today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

BHST in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

BioHarvest Sciences Inc.’s main business is VINIA, a powder made from red-grape cells grown in its bioreactors rather than from harvested grapes. It sells the powder in capsules and incorporates it into foods and drinks. These consumer products generate nearly all revenue, with the United States and Israel as principal markets. Most sales come through VINIA.com and VINIA.co.il, with a smaller share through Amazon Marketplace. Customer subscriptions provide recurring sales, making renewals important to continued revenue.

The company also earns fees from developing plant-based active molecules for pharmaceutical and other health-product companies. This smaller business uses the same plant-cell technology under service agreements. Its pharmaceutical contract remains in development; commercial-scale manufacturing depends on successful completion of later stages.

Production depends on the Yavne No. 1 facility in Israel, where the company expects products supporting all near-term revenue to be made. It also uses a third-party manufacturer to turn its VINIA powder into several finished foods and drinks. U.S. food sales rely on the company’s own determination that VINIA is generally recognized as safe, which the FDA has not reviewed. Food and supplement rules also restrict labeling and health claims and can prevent sales if requirements are not met.

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Source: SEC filing

Red flags

Know what’s buried in BHST’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

BHST says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer

BioHarvest’s results hinge mainly on winning and retaining VINIA supplement customers and scaling production profitably, while services that develop and manufacture products for other companies still contribute little revenue.

  • Lifevantage Corporation competes with BioHarvest for health-conscious consumers buying supplements and hydration products marketed around science, but relies more on independent consultants to sell them than BioHarvest’s e-commerce approach. Repeat purchases of Lifevantage’s supplements and AXIO drink mixes are worth watching as a sign of demand in the consumer market VINIA also targets.

Agenda

in 14 daysTue, Nov 3

  1. Time to be announced

    Lifevantage Corporation earningsLFVN

    Lifevantage Corporation's report will show whether health-conscious consumers keep buying its supplements and drink mixes, a customer market BioHarvest also targets with VINIA.

in 23 daysThu, Nov 12

  1. Time to be announced
    Major

    BioHarvest Sciences Inc. earningsThis company

    BioHarvest Sciences earns most of its revenue from VINIA and other products, and this report will show whether product sales can grow while the Products gross margin holds up.