YOLFTbeta
Borealis Foods Inc.

Borealis Foods Inc.

BRLS · NASDAQ · Consumer Defensive / Packaged Foods

0.96USD+0.01 (+1.05%)

Price History

Full chart

Market Stats

Previous Close0.95
Open0.90
Day Range0.90 – 1.00
52-Week Range0.60 – 5.02
Volume6.34K
Market Cap29.83M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.85
Dividend Yield0.00%
Beta0.44
50-Day Avg1.11
200-Day Avg1.34

About

Borealis Foods Inc. provides nutritious and ready-to-eat food products in the United States, Canada, and internationally. It provides ramen noodles under the Chef Woo, Chef Ramsay, Ramen Express, and Woodles brands. The company sells its products through retail stores, merchandisers, club stores, and supermarkets, as well as e-commerce distributors. Borealis Foods Inc. is based in Oakville, Canada.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEODr. Reza Soltanzadeh M.D.
  • Employees140
  • Headquarters1540 Cornwall Rd., Oakville, ON, Canada, L6J 7W5, USA
  • Websitehttps://www.borealisfoods.com

Leadership

  • Mr. Barthelemy HelgCo-Founder & Chairman of the Board · b. 1965
  • Dr. Reza Soltanzadeh M.D.Co-founder, President, CEO & Director · b. 1974
  • Mr. Stephen WegrzynChief Financial Officer · b. 1965
  • Ms. Pouneh RahimiChief Legal Officer · b. 1968
  • Mr. Henry WongChief Marketing Officer · b. 1967
  • Mr. Matt TalleChief Strategy Officer of Palmetto Food Group · b. 1962

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue23.63M25.59M5.13M50.26M44.63M
Growth (%)-+8.31%-79.95%+879.60%-11.21%
Cost of Revenue13.85M33.66M31.29M25.48M26.57M
Gross Profit9.78M-8.07M5.13M24.78M18.06M
Gross Margin41.40%-31.53%100.00%49.31%40.47%
Operating Expense19.99M14.99M10.26M45.19M29.09M
Operating Income-10.21M-23.06M-5.13M-20.40M-11.04M
Operating Margin-43.20%-90.12%-100.00%-40.60%-24.73%
EBITDA-7.74M564.79K-2.77M-18.08M-11.22M
EBITDA Margin-32.75%2.21%-54.05%-35.97%-25.14%
Net Income-10.12M-302.54K-2.94M-25.33M-18.98M
Net Income Margin-42.84%-1.18%-57.33%-50.39%-42.53%
Interest Expense264.72K3.22M7.28M5.06M5.99M
Interest Expense % of Total Revenue1.12%12.57%141.82%10.07%13.41%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets57.38M179.62M22.04M60.01M52.57M
Total Liabilities29.30M2.50M7.49M60.70M71.80M
Total Equity28.08M176.95M14.56M-695.89K-19.23M
Cash2.91M680.79K93.11K652.97K63.86K
Total Debt13.19M1.50M3.99M32.28M27.08M
Net Debt10.28M819.21K3.89M31.63M27.02M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.78M-2.11M-18.01M-7.07M-6.60M
Investing Cash Flow-21.21M-3.33M-4.47M-1.91M-65.74K
Financing Cash Flow27.52M1.66M24.94M9.47M6.08M
Capital Expenditure21.21M3.38M4.47M1.97M68.82K
Free Cash Flow-27.99M-5.49M-22.47M-9.04M-6.67M
FCF to OCF412.59%260.48%124.80%127.87%101.04%

Earnings

Report DateJul 27, 2021Nov 15, 2021Mar 31, 2022May 23, 2022Aug 2, 2022Nov 14, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Apr 15, 2025Aug 19, 2025Nov 19, 2025Dec 31, 2025Jun 30, 2026Sep 29, 2026
EPS Estimate0.000.00------------------
EPS Actual0.000.00-0.02-0.03-0.01-0.010.03-0.08-0.17-0.13-0.49-0.29-0.23-0.27-0.20-0.21-0.18-0.30-0.16-0.21
Surprise--------------------
Timing--------------After-hours-----

Key Statistics & Ratios

Market Cap29.83M
Enterprise Value53.40M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.97
Price / Book14.03
EPS-0.85
Book Value-1.06
Revenue (TTM)30.60M
Gross Profit (TTM)5.20M
EBITDA-8.43M
Profit Margin-59.81%
Operating Margin-27.98%
Return on Equity-5302.44%
Return on Assets-11.64%
Shares Outstanding21.46M
Shares Float6.47M
Beta0.44
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.29%
Insiders
45.51%
Retail / Other
54.20%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    14.30K0.07%
  • TWO SIGMA SECURITIES, LLC
    11.18K0.05%
  • Citadel Advisors Llc
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    8.03K0.04%