Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Eat Well Group’s portfolio companies generated combined revenues of $57,936,019 in 2021
  • Total Eat Well Group assets at the company’s fiscal year-end, including its portfolio companies, grew 1,082 per cent to $59,627,414 as of November 30, 2021
  • CEO Marc Aneed sat down with Sabrina Cuthbert to discuss the company’s highlights
  • 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$0.255 per share

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.

More From The Market Herald

" Tilray’s (TSX:TLRY) SweetWater Brewing unveils new fall craft-beer releases

Tilray Brands’ (TLRY) subsidiary SweetWater Brewing Co. released its fall craft-beer lineup.

" @ the Bell: TSX snaps six-day selloff

A day after posting its longest streak of daily declines since May, Canada’s main stock index rose on Wednesday led by precious metal

" Silvercorp Metals Inc. Confirms Its Golden Potential with a Reserve and Resource Update

By Dr. Ryan D. Long
CULT Food Science - CEO, Lejjy Gafour.

" CULT Food Science (CSE:CULT) portfolio company De Novo Dairy receives venture funding

CULT (CULT) portfolio company De Novo Dairy has secured funding from UM6P Ventures.