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Eat Well Group (CSE:EWG) reports Q4 and full-year 2021 results

Consumer, Sponsored, The Watchlist
CSE:EWG
13 June 2022 12:45 (EDT)

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Eat Well Investment Group (EWG) has announced its fourth quarter and full-year 2021 financial results.

Total Eat Well Group assets at the company’s fiscal year-end, including its portfolio companies, grew 1,082 per cent to to $59,627,414 at November 30, 2021.

The company raised $33,500,000 of debt from a leading Canadian institution and completed two subsequent event equity financings of $5,100,000 and $5,018,000.

Eat Well’s portfolio companies generated combined revenues of $57,936,019 in 2021.

Eat Well’s President & CEO Marc Aneed sat down with Sabrina Cuthbert to discuss the results.

“We have laid a strong foundation within the Eat Well Group investment platform, and we are very enthusiastic about the trajectory of our portfolio. The global plant-based foods market continues to rapidly expand as consumers make healthier decisions for themselves and their families. Our portfolio companies are well-positioned to capture global pulse demand and accelerate the scale of their better-for-you consumer products for years to come.”

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$0.255 per share.

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