Plant-Based Meat Company THIS Announces First Profitable Month

Plant-Based Meat Company THIS Announces First Profitable Month

THIS just confirmed its first profitable month ever. The plant-based meat startup was founded in 2019 by Andy Shovel and Pete Sharman, who previously ran a burger chain together. Shovel shared the news in a post on LinkedIn, describing it as a “huge moment” for THIS. Read more: Vegan Shrimp Comes To US Foodservice As Climate Crisis Impacts Seafood Industry According to Shovel, THIS reported an annualized gross revenue of approximately £24 millio…