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The Very Good Food Company Inc.

VGFC•NASDAQ
Consumer Defensive
Packaged Foods
$0.05
$0.00(0.00%)
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Over the last four quarters, The Very Good Food Company Inc. achieved steady financial progress, growing revenue from $4.30M in Q4 2021 to $1.76M in Q3 2022. Gross profit stayed firm with margins at -46% in Q3 2022 versus 38% in Q4 2021. Operating income totaled -$622725.00 in Q3 2022, maintaining a -35% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $309756.00. Net income rose to -$2.44M, with EPS at -$0.02. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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