Tattooed Chef: Was Plant-Based Food Simply A Pandemic Era Fad?

Nov. 20, 2022 7:59 PM ETTattooed Chef, Inc. (TTCF)17 Comments
Pacifica Yield profile picture
Pacifica Yield


  • Tattooed Chef's gross margin, net income, and year-over-year revenue growth were all negative when the company announced its fiscal 2022 third quarter earnings.
  • The company's cash position is not sustainable against its current rate of burn as cumulative net losses continue to rise on the back of margin deterioration.
  • Recently announced measures to save cash will be critical to expanding the current runway and allowing management to find new sources of liquidity.
Blurry background frozen pizza in freezer at American supermarket

TrongNguyen/iStock via Getty Images

Tattooed Chef's (NASDAQ:TTCF) cumulative year-to-date net loss reached $86.7 million when it released earnings for its fiscal 2022 third quarter. The period saw a material decline in profitability as gross margin maintained its inversion into negative territory. The Los Angeles-based company is

This article was written by

Pacifica Yield profile picture
The equity market is an incredibly powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, and green energy firms.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (17)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.