QualityStocksNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Releases Company Update, 2022 Profitability Forecast
Eat Well Group (CSE: EWG) (OTC: EWGFF), a leading plant-based food ingredient and CPG investment company, is reporting on the current status of the business as well as forecasting a combined company profitability in FY2022 of $4 to $5 million, with positive adjusted EBITDA. The report and projected profitability is based on the performance of all three of EWGFF’s businesses — Belle Pulses Ltd., Amara Organic Foods and Sapientia Technology LLC — along with the company’s anticipated accelerated growth. In addition to the profitability forecast, highlights of the update include positive cashflow from Belle Pulses; expansion of Belle Pulses high-margin…