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Eat Well Investment Group Inc. (C:EWG)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 1305 - 1090 West Georgia Street
VANCOUVER BC V6E 3V7
Tel: N/A
Website: https://eatwellgroup.com
IR: See website
Key People
Marc Aneed
President, Chief Executive Officer, Director
Patrick Dunn
Chief Financial Officer, Director
Mark Coles
Chief Investment Officer
Business Overview
Eat Well Investment Group Inc. is a Canada-based plant-based foods investment company. The Company is focused on agribusiness, foodtech, and consumer packaged goods (CPG) brands. The Company offers the opportunity to invest in the entire plant-based supply chain, from seed-to-market, not a single brand or a single piece of the value chain. Its subsidiaries are at the forefront of processing, distributing, and marketing plant-based foods. With its family of private labels and owned brands, including Sapientia, Belle Pulses, and Eat Well, the Company is engaged in feeding families worldwide. Sapientia is primarily involved in the development of intellectual property (IP) in the savory snacking sector. Belle Pulses is as a pulse processor in Canada.
Financial Overview
For the nine months ended 31 August 2022, Eat Well Investment Group Inc revenues was not reported. Net loss decreased 55% to C$7.6M. Lower net loss reflects Transaction costs on private investments decrease from C$11.9M (expense) to C$0K, Share-based compensation decrease of 61% to C$1.8M (expense), Unrealized gain on investments held increase from C$2.1M to C$4.7M (income).
Employees: 4 as of May 26, 2011
Reporting Currency: Canadian Dollars
Enterprise value: $77.35M as of Aug 31, 2022
Annual revenue (TTM): $0.00M as of Aug 31, 2022
EBITDA (TTM): -$11.37M as of Aug 31, 2022
Net annual income (TTM): -$55.02M as of Aug 31, 2022
Free cash flow (TTM): -$9.61M as of Aug 31, 2022
Net Debt Last Fiscal Year: $45.85M as of Aug 31, 2022
Shares outstanding: 169,661,148 as of Nov 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization