First Foods Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 14, 2022 at 05:17 pm EDT
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First Foods Group, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 0.039673 million compared to USD 0.159184 million a year ago. Revenue was USD 0.362757 million compared to USD 0.208167 million a year ago. Net loss was USD 2.38 million compared to USD 2.66 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.12 a year ago.
First Foods Group, Inc. is focused on developing its specialty chocolate product line through its Holy Cacao subsidiary, participating in merchant cash advances (MCAs) through its Foods Funding Division. Holy Cacao is engaged in producing, packaging, distributing and selling specialty chocolate products, including specialty chocolate products infused with a hemp-based ingredient. Holy Cacao holds four trademarks for the brands, The Edibles Cult, Purely Irresistible, Mystere and Southeast Edibles. The Company has developed approximately 23 recipes for its specialty chocolate product line. It markets its specialty chocolate product line on a full-time basis through multiple distribution and sales agreements, as well as through multiple industry-specific trade shows, through its on-line Website presence, and through its ongoing collaboration with a diverse team of industry consultants who specialize in media relations, public relations, and investor relations.
FIRST FOODS GROUP, INC. 
