Eat Well Investment Group Inc C.EWG

Burn rate

[jermiah777]

This company's stock price reflects like Its a new company making little or no revenue. But investors are hoping the money raised from initial public offering will last until revenue increases and profits begin. Or that the burn rate is not too quick but will last until profits can now sustain them. It's true EWG is a new company but they acquired companies already existing that were making millions with profit. Belle Pulses exited 2020 with 60 million in revenue. And they made a profit. It was over 6 million profit. And Amara has been operating over 2 years and has grown to having its products literally in every major store AND they have almost 40000 connect to their website each month. So they are generating great revenue and likely with a profit. The only question mark here is Sapentia. It could be they are not at profit stage yet . How much revenue they are generating we will have to wait and see. But their hoping to disrupt the junk food snack world with a guilt free but equally tasting snack. But the stock price seems to reflect the view that investors view it like a brand new start-up. But Belle Pulses has been growing for 40 years and just got a big increase in production. And Amara as the 5th fastest growing DTC company is certainly not a high risk start up. So hopefully the financial report and comments of CEO make this clear to investor community.

[DeeDee59]

Hope is not a good way to invest.  

[InvestingIvan]

jermiah777, markets are efficient, why is the stock near 52 week low regardless of how well macro markets are doing?