Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, is reporting financial results and corporate updates for its fourth quarter and 2021 fiscal year. Highlights of the report include combined revenues from Eat Well Group’ portfolio companies of C$57,936,019 as well as the acquisition of all outstanding shares of Belle Pulses Ltd. and Sapientia Technology LLC plus a 51% majority equity interest in Pata Foods; these three acquisitions are the foundation for Eat Well Group’s plant-based foods investment platform. According to the report, EWGFF total assets grew 1,082% during fiscal year 2021 with all three companies combining to generate positive net earnings of $1,478,420 despite challenging geopolitical conditions, growing inflation, adverse weather conditions, a global pandemic and worldwide supply chain issues. In addition, the company strengthened its board of directors and senior management team with key additions and announcements and announced an advisory board with proven professionals. “We have laid a strong foundation within the Eat Well Group investment platform, and we are very enthusiastic about the trajectory of our portfolio,” said Eat Well Group director, president and CEO Marc Aneed in the press release. “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.”
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About Eat Well Investment Group Inc.
Eat Well is a publicly traded investment company primarily focused on high-growth companies in the agribusiness, food tech, plant-based, and environmental, social and governance (“ESG”) sectors. Eat Well’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for more than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. For more information about the company, please visit www.EatWellGroup.com.
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