- Plant based food products for consumers (huge healthy eating trend)
- $55bil industry in US $380bil global (frozen food)
- They make meals/meats/veggies (are diving into deserts as well)
- Cool packaging design (I am a packaging science major)
- Brand increased 640% YoY with no investment in marketing (have committed to marketing there brand this year)
- Just launched website on 10/26/20
- Increased revenue 87% and profit 70% YoY. Slight decreased gross margin but expect to increase in Q4 and beyond with new facilities in Italy
- 2026 plan to have $1 bil in revenue and 35% gross margins +
- customer ratings are through the roof (cult like companies are strong)
Been consolidating for awhile, 50 day EMA is scooping and earnings are soon and I am expecting them to crush them
Anything I left out or should be concerned of?