The Very Good Food Company Inc.
0SI.F
Frankfurt Stock Exchange0.06
EUR
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The Very Good Food Company Inc.
0SI.F
(Frankfurt Stock Exchange)
Recent
price
0.06
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- The Very Good Food Company Inc. (Ticker: 0SI.F), headquartered in Victoria, British Columbia, Canada, and founded in 2017, develops, produces, distributes, and sells plant-based meat alternatives and vegan cheese products under its core brands The Very Good Butchers and The Very Good Cheese Co.; offerings include burgers such as the Flippin' Burger, sausages including Cajun Sausage, Breakfast Sausage, and Bratwurst, meatballs like the award-winning mmm Meatballs, pepperoni, taco stuffers, ribs, steaks, and the Stuffed Beast, alongside non-dairy cheeses, with products distributed through wholesale, e-commerce, retail partners, butcher shops, and restaurants primarily in Canada and the United States targeting health-conscious consumers seeking natural, gluten-free, soy-free, and non-GMO plant-based foods. The company, formerly known as The Very Good Butchers Inc. until its name change in October 2019, went public on the Canadian Securities Exchange and Nasdaq in June 2020, expanded distribution through partnerships with United Natural Foods Inc. (UNFI) in Canada and the US, a prominent membership-only wholesale chain, and retailers like Earth Fare and Sobeys, raised capital via $6.5 million private placement in 2023 and a $30 million registered direct offering in 2021 to fund operations, acquisitions, and geographic expansion, launched the gluten-free Butcher's Select line and limited-edition holiday items, and underwent leadership changes including CEO transitions to Parimal Rana in 2023. In early 2023, the company announced cessation of operations, entered receivership on February 24, 2023, with assets liquidated via Gordon Brothers and New Mill Capital, and was assigned into bankruptcy in April 2023, marking the conclusion of its active business following financial challenges.