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The Very Good Food Company Reports Strong Third Quarter 2021 Financial Results YTD Q3 2021 Revenue Increased 184 % Year - over - Year to $ 8.0 Million YTD Q3 2021 Production Units Sold Increased 154 % Year - over - Year YTD Q3 2021 eCommerce Revenue Increased by $ 4.0 Million or 206 % Year - over - year YTD Q3 2021 Fulfilled eCommerce Orders Increased by 142 % to 64,784 Year - over - year Vancouver , British Columbia ( November 23 , 2021 ) - The Very Good Food Company Inc. ( NASDAQ : VGFC ) ( TSXV : VERY.V ) ( FSE : OSI ) ( " VERY GOOD " or the " Company " ) , a leading plant - based food technology company , today reported its financial results for the third quarter ended September 30 , 2021 . " VERY GOOD delivered another strong quarter , achieving solid year - over - year growth across our eCommerce and wholesale channels , driven by strategic execution and demand for plant- based food products , " said Mitchell Scott , co - founder and CEO of VERY GOOD . " We launched successfully into the US retail market , strategically shifting our focus towards growing retail orders over eCommerce , securing long - term in store listings , driving higher units sold , and ultimately delivering 86 % wholesale revenue growth since last quarter . Since quarter end the success of this strategy has been further demonstrated as increased retail listings across US and Canada and demand for vegan meat alternatives for the holidays drove record revenue this October of $ 1.5 million , a 202 % increase over last year . " " Scaling our production capabilities to meet strong demand for our products remains a key priority , " added Mr. Scott . “ Line 1 at the Rupert Facility is currently operating five days a week with three shifts per day , producing seven SKUs of the popular The Very Good Butchers lineup and five SKUs of our new Butcher's Select suite of products . With our ramped - up production , our products are now available in more than 1,400 outlets across North America , including 600 stores in the US . We already have over 2,000 retail locations confirmed for the first quarter of 2022. " " As we head into the final quarter of 2021 , like many others , our industry is facing near - term pressures including supply chain disruption and labour shortages , which could impact our results . To continue to drive growth , we remain flexible and agile in our approach , adjusting quickly in line with evolving trends . Looking forward to the medium - term , we believe that the strategic investments we're making in our expansion plans , premium products , and production capacity along with our great partners , positions VERY GOOD for the future . " Q3 2021 Financial Highlights . Revenue in Q3 2021 increased 85 % to $ 2,536,097 as compared to the same quarter last year primarily driven by strong eCommerce sales and an increase in wholesale revenue due to the Company's successful scaling of production and distribution expansion to meet demand in both sales channels . Compared to Q2 2021 , revenue decreased 9 % as VERY GOOD strategically prioritized retail orders over eCommerce , reserving inventory for the wholesale channel to support the third quarter US retail launch . As a result , VERY GOOD had a record month in October with $ 1.5 million in revenue from both its eCommerce and retail channels . The demand for Stuffed Beast