E Plant-Based Food Stocks Growing In Value Again But Still Down YTD

  1. The Very Good Food Company (VRYYF): +7.6% (-15.4% YTD) to $4.13/share
    • Reported its financial and operational results for its fiscal fourth quarter and 2020 year ended December 31, 2020, which showed:
      • a 364% increase in revenue to $4.6M compared to the prior year,
      • an increase in adjusted gross profit to 32% compared 16% in Fiscal 2019,
      • an 825% increase in online orders from its eCommerce channel vs. FY2019 and
      • an increase in retail distribution points in FY 2020 from 100 to 1,300,
    • Partnered with Colorado-based brokerage, Green Spoon Sales, to accelerate its reach into grocery and retail outlets across the U.S.,
    • Listed on the TSX Venture Exchange (TSXV) under the VERY stock ticker in addition to being listed on the Canadian Securities Exchange (CSE),
    • Commissioned its first production line by butchering its very first bean at the newly renovated Rupert production facility located in Vancouver, British Columbia.
  2. Eat Beyond Global (EATBF): -4.0% (-22.9% YTD) to $1.45/share
    • No noteworthy news to report
  3. Else Nutrition (BABYF): -5.8%  (-27.8% YTD) to $2.28/share
    • Reported that its online sales on elsenutrition.com and amazon.com are expected to double every 3-4 months and reported that it has added iHerb and Thrive Market, two of the leading online platforms for natural food products to its online sales network,
    • Announced that it will expand distribution into 159 Natural Grocers by Vitamin Cottage stores across 20 states in May 2021 to compliment its listings with Sprouts Farmers Market (since mid-Feb. - 21) and in Big-Y (since April - 21) and will soon also be on the shelves of Raleys for a total of 750 retail grocery outlets,
    • Reported that it is now shipping products to the two largest natural food distributors in North America (UNFI and KeHE Distributors) which, together, cover almost the entire retail market in the U.S. as well as Imperial, a local distributor in the North East,
  4. Tofutti Brands (TOFB): -12.7% (+50.3% YTD) to $2.75/share
    • Issued its results for the fiscal year ended January 2, 2021 which showed a 5.2% increase in net income, a 5.3% increase in gross profit, and a gross profit percentage that remained steady at 31%,
  5. Modern Plant Based Foods (MDRNF): -20.6% (-48.1% YTD) to $1.66/share
    • No noteworthy news to report.
  6. Sire Biosciences (BLLXF): -27.9% (+342.9%) to $0.31/share
    • announced that it intends to change its name to "PlantFuel Life Inc." and its ticker symbol to "FUEL" and will provide details about when it will begin trading under the new name and ticker symbol as that information is available,
    • Announced that its wholly-owned supplements subsidiary, Fusion Nutrition Inc., will be launching 3 new creatine products in the coming 12 weeks in addition to Purple K, Canada’s top-selling creatine pills.
  7. Plant & Co Brands (VGANF): -34.6% (-58.5% YTD) to $0.17/share
    • announced that it is proceeding with a corporate reorganization of assets (subject to various approvals) by spinning out its technology business to unlock additional shareholder value sometime within Q2 of 2021,
    • has applied to list 21,613,250 share purchase warrants of the Company for trading on the Canadian Securities Exchange under the symbol VEGN.WT which will entitle the holder to acquire one common share of the Company upon payment of the exercise price of C$0.25 prior to December 10, 2022.
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William K. 1 month ago Member's comment

An interesting schemeof listing both momentary changes and year-to-date changes, which creats interesting illusions sometimes.