Odd Burger (TSX.V: ODD) (OTCQB: ODDAF) (FSE: IA9), a chain of company-owned and franchised vegan fast-food restaurants, is reporting its first-quarter 2022 revenue, for the period ended Dec. 31, 2021. The report showed record numbers — its $687,156 is an estimated 79% higher than the $384,475 from the previous quarter and 156% higher than the same quarter from 2020. The company has filed its financial report as required. “Financial results from our first quarter demonstrate the tremendous success of our brand and our ability to drive sales in diverse markets,” said Odd Burger CEO James McInnes in the press release. “We are now operational in six different cities, with franchise agreements secured in cities across Canada. Our traction is quickly accelerating, and, through a franchise model, Odd Burger will be able to further extend this growth with minimal capital requirements. Furthermore, with the launch of Preposterous Foods, we now have a whole new revenue stream that could have a significant impact on our future growth by offering our manufactured food products to other restaurants and major chains. It’s an exciting time to be in the plant-based food sector and we can’t wait to continue to disrupt the traditional food system.”
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About Odd Burger Corporation
Odd Burger is a chain of company-owned and franchised vegan fast-food restaurants as well as a food-technology company that manufactures and distributes a line of plant-based protein and dairy alternatives under the brand Preposterous Foods to foodservice channels. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing and a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food. For more information, visit the company website at www.OddBurger.com.
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