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Bullboard - Stock Discussion Forum Eat Well Investment Group Inc C.EWG

Alternate Symbol(s):  EWGFF | C.EWG.WT

Eat Well Investment Group Inc. is a Canada-based plant-based food investment company. The Company is focused on agribusiness, foodtech, and consumer packaged goods (CPG) brands. It 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 include Sapientia Technology LLC (Sapientia... see more

CSE:EWG - Post Discussion

Eat Well Investment Group Inc > FANTASTIC FINANCIAL REPORT
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Post by jermiah777 on Jun 10, 2022 10:01pm

FANTASTIC FINANCIAL REPORT

58 Million in Revenue despite covid restrictions and supply chain issues. 1.5 Million in NET Earnings------------'-------------------------- But the best part is we are almost 6 1/2 mo ths into fiscal year 2022 . They know approximately what all 3 companies have made this far into 2022. So now projecting what the rest of the year brings in is quite accurate. . And they are reiterating 90 -110 million in revenue with better margins. That is fantastic news. Absolutely wonderful. If they make 110 million revenue, that is a 90% increase over previous year. And if margins are better the Net earnings could make 10 million. Then what happens for 2023? If they increase by 90% again we are now at over 200 million in revenue! This would make our company worth drastically more . Share price would go to three dollars for sure.
Comment by InvestingIvan on Jun 11, 2022 8:39am
Nice surprise, excellent financials. I wish I bought a lot more shares. Will try to buy as much as I can Monday morning.
Comment by jermiah777 on Jun 11, 2022 8:51am
Me too. I think 25 cents is gone forever. But their is no one here. It's like no one knows about EWG. The ones that sold forgot all about it. Maybe they are right in calling EWG one of the best kept secrets on the entire CSE. -------------------------------------------------------------------TO quote----------------One of the best-kept secrets on the entire Canadian Securities Exchange, Eat ...more  
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