Alpha Network Alliance Ventures Inc   (ANAV)
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   Industry Blank Checks
   Sector  Financial

Alpha Network Alliance Ventures Inc 's



ANAV Sales vs. its Competitors Q3 2021

Comparing the current results to its competitors, Alpha Network Alliance Ventures Inc reported Revenue decrease in the 3 quarter 2021 year on year by -50.84 %, faster than overall decrease of Alpha Network Alliance Ventures Inc 's competitors by -50.84 %, recorded in the same quarter.

List of ANAV Competitors

Revenue Growth Comparisons

Net Income Comparison

Alpha Network Alliance Ventures Inc recorded net loss , as well as most of its competitors.

<<  ANAV Stock Performance Comparisons

Alpha Network Alliance Ventures Inc 's Comment on Competitors and Industry Peers

The level of competition in food supplements and vitamins industry is extremely high. Many of our established competitors have developed a brand following which would make our potential customers prefer their products over ours. Economies of scale would make it easier for our larger established competitors to negotiate price discounts with their suppliers of food supplement and vitamin products, which would leave us at a disadvantage. The principal competitive factors in our industry are genetically specific, public taste and diet, pricing and quality of food supplements and vitamins. We will be in a market where we compete with many domestic and international companies offering similar food and vitamin products. We will be in direct competition with them. Many large companies, such as Herbalife and Isogenix, will be able to provide more favorable services to the potential customers. Many of these companies may have a greater, more established customer base than we do. We will likely lose business to such companies. Also, many of these companies will be able to afford to offer better price for similar food supplement and vitamin products than us which may also cause us to lose business. We foresee to continue to face challenges from new market entrants. We may be unable to continue to compete effectively with these existing or new competitors, which could have a material adverse effect on our financial condition and results of operations. The Company has not yet entered the market and has no market penetration to date.

*Market share is calculated based on total revenue.

Who are Alpha Network Alliance Ventures Inc 's Competitors?


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