• The company’s assets grew to $64,769,938 as of February 28, 2022
  • Total Eat Well Group improved its cash position from $545,976 on November 30, 2021, to $5,552,018 as of February 28, 2022
  • CEO Marc Aneed sat down with Sabrina Cuthbert to discuss the company’s first-quarter results
  • Eat Well Group is an investment company focused on companies in the agribusiness, food tech, plant-based and ESG sectors
  • Eat Well Investment Group Inc. (EWG) opened trading at C$0.21 per share

Eat Well Investment Group (EWG) has announced its first-quarter 2022 financial results.

The company grew its assets 8.6 per cent for the quarter from $59,627,414 to $64,769,938 as of February 28, 2022.

The company’s cash position improved from $545,976 to $5,552,018.

Eat Well Group closed a $5,100,000 private placement in December 2021 and a $5,018,000 strategic investment from Nurture Healthy Food LLP in February 2022.

Eat Well’s President & CEO Marc Aneed sat down with Sabrina Cuthbert to highlight the results and discuss the company’s outlook going forward.

“At a time when global/ macro trends have placed a tremendous importance on food production and alternative protein supply, our investments are not only proving to be timely but are contributors to global food security solutions. With the majority of transaction costs behind us, we can now focus on attracting significant new capital partners, refinancing debt, and helping scale our portfolio companies.”

Eat Well Group is an investment company focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors.

Eat Well Investment Group Inc. (EWG) opened trading at C$0.21 per share.

More From The Market Online
Connor Bedard, John Tavares and Matty Beniers model Lululemon's new Fanatics partnered NHL apparel.

Connor Bedard helps Lululemon launch NHL apparel line

Blackhawks star Connor Bedard helps Lululemon Athletica (NDAQ:LULU) launch its new line of NHL fan apparel in a partnership with Fanatics.
Stock image generated with AI

@ the Bell: Heavyweight sector losses drag TSX

Financial and utilities sectors saw the most significant losses Tuesday, and the industrial sector also contributed to the TSX's decline.
Focused on candle chart and indicator display on timeframe

Options trading strategies to minimize your tax burden 

Options trading doesn’t come without tax implications, but investors have ways they can still optimize their after-tax returns.
A Canadian flag with stock charts

@ the Bell: TSX slips from its peak

Canada’s main stock index dropped from its record peak. The Bank of Canada will announce its monetary policy decision on Wednesday.