Venture Life Group (AIM:VLG) – should investors venture in?
This consumer healthcare group recently issued a positive update for its leading oral care brand UltraDEX. However, a close look reveals a complicated business for investors to assess, as well as the usual excesses in management remuneration!
Venture Life (AIM:VLG) is an international consumer self-care company focused on developing, manufacturing and commercialising self-care products around the world. The Group’s product range and pipeline currently includes the UltraDEX oral care products range, food supplements for lowering cholesterol and maintaining brain function, dermo-cosmetics for addressing the signs of ageing, and medical devices for improving minor aches and pains, dry eyes and itchy skin. That’s quite a diverse portfolio of products for this small company with a market capitalisation of only £16m to cover. The business appears to be making decent progress on many fronts, despite the somewhat modest financial…