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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > Financials are out!
View:
Post by verygoodfood on Aug 31, 2020 6:27pm

Financials are out!

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00046020
Comment by Ricky1975 on Aug 31, 2020 6:38pm
Is it good bad ok ? Do tell 
Comment by verygoodfood on Aug 31, 2020 7:01pm
Phenomenal news, still reading thru the MD&A... 500% increase in quarterly sales year to year (1.1M$ 2020 from 220K$ 2019) driven by ecommerce growth and wholesale partners Increase in opex to supprot growth in IR, marketing, etc. More elaboration on partners to grow these channels and US Vancouver plant delay due to Covid..no further update
Comment by Ricky1975 on Aug 31, 2020 7:50pm
Wow !!! That's amazing !!!  Big week comming !!! Can't wait to see the shorts  
Comment by doggy123 on Aug 31, 2020 8:13pm
verygoodfood is 1.1M sales for a period of 3 months or a year......
Comment by doggy123 on Aug 31, 2020 8:28pm
From management over the coming quarters investors can expect to see significant progress on our next phase of growth as we transition to becoming a much larger company with global ambitions....pretty strong word from management.....$5.00 before Christmas......
Comment by theinfluence on Aug 31, 2020 9:05pm
Great numbers. $1.1m in q2 revenue. If you believe they can normalize this going forward then it's certainly not a $1.50/share company. 
Comment by EatGreenGoGreen on Sep 01, 2020 12:12pm
$4.50? Once that building is built - how can we find updates on that they should setup a live cam. :) Good time to "$tock Up!" 400% increase in sales wow that is VERY good.
Comment by 2Moneymaker2018 on Sep 01, 2020 12:41pm
In this economy I'm not sure it makes sence to build new or lease.
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