On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Maintains $100 Million 2022 Revenue Projections; Attributes it to Strong Foundation Laid Down So Far

  • Eat Well’s goal of investing in the entire plant-based supply chain has seen it acquire Belle Pulses Ltd., Sapientia, and 51% of Amara Organic Foods
  • It has also seen the company invest in the CPG sector, food technology, agribusiness, and the media sectors in what the management describes as a strong foundation within its investment platform
  • The company recognizes the ongoing global supply chain challenges brought about by the COVID-19 pandemic, as well as the ongoing Russia-Ukraine war, as an opportunity to grow its market share and address an unfulfilled demand for its products
  • It maintains its 2022 revenue projections for its portfolio companies at $100 million, attributing it to the strong foundation it has laid down so far, as well as the aggressive push for its brand in the market

Since its inception, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) has remained committed to exploring and evaluating new investment opportunities in plant-based foods. Its operations have explored various sectors, including precision fermentation and regenerative agriculture, with the overall goal of investing in the entire plant-based supply chain in what it describes as a “seed-to-market” approach (https://ibn.fm/y1MGo).

This outlook has seen Eat Well grow its portfolio significantly over the past few years, even securing awards for its pulse processing. In July 2021, the company completed a 100% acquisition of Belle Pulses Ltd., one of the top pulse processors in Canada, having exited 2020 with over $60 million in sales. The company would also close the acquisition of Sapientia and 51% ownership of Amara Organic Foods, with an option to increase it to 80%.

Eat Well has made significant investments in the Consumer Packaged Goods (“CPG”) sector, food technology, agribusiness, and the media sectors, all of which serve to diversify its product and service offering, as well as its revenue earnings. Most of all, these investments have laid down a strong foundation for the company, an investment that is slowly paying off to the benefit of its shareholders.

In June 2022, Eat Well released its financial results for the fourth quarter (“Q4”) and full year of 2021, noting a 1,082% asset growth from the previous year and a 320% revenue gain for Amara from 2020. The company also reported having raised $33.5 million of debt from a leading Canadian institution while also completing two subsequent event equity financings of $5.1 million and $5.018 million, respectively (https://ibn.fm/mtBui).

While making the announcement, the company’s Director, President, and Chief Executive Officer (“CEO”) noted:

“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,” he added.

With supply chain challenges brought about by the global COVID-19 pandemic, further exacerbated by the ongoing Russia-Ukraine war, consumers have had to deal with product shortages and subsequent price hikes. A United States Bureau of Labor Statistics report noted that food at home for the 12 months ended June 2022 had increased by 12.2%. In addition, food away from home (restaurants and fast food) increased by 7.7% in what the report described as “the largest 12-month increase since the period ending November 1981” (https://ibn.fm/TzHXS).

While many might view this as a hurdle, Eat Well recognizes it as an opportunity. For instance, with the growing food security concerns, its subsidiary, Belle Pulses, is expanding its production facility in response. In addition, Mr. Aneed has also confidently stated that Amara Organic Foods is in an excellent position to deal with the shortages that have plagued the industry in the past few months to take advantage of the demand that is not being satisfied by the existing supply.

Eat Well maintains its 2022 revenue projections for its portfolio companies at $100 million, and it is right on target given its annual financial statements released in June this year. The company attributes this to the strong foundation it has laid down so far and how aggressively it is pushing its brand in the market, not just by introducing new products but also by entering into distribution agreements with key retailers across North America. In addition, its subsidiaries are expanding their market reach and capacity in response to food security concerns arising from the war in Ukraine.

For more information, visit the company’s website at www.EatWellGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered