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Borealis Foods (BRLS)
NASDAQ:BRLS
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Borealis Foods
(NASDAQ:BRLS)
32Underperform
Borealis Foods (BRLS) vs. S&P 500 (SPY)
Market Cap
$125.92M
Dividend YieldN/A
Average Volume (3M)2.57K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue GrowthN/A
EPS Growth-252.75%
CountryUS
Employees176
SectorFinancial
Sector Strength82
IndustryPackaged Foods
Share Statistics
EPS (TTM)-1.14
Shares Outstanding21,378,890
10 Day Avg. Volume6,282
30 Day Avg. Volume2,569
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.63
Price to Cash Flow (P/CF)-10.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Borealis Foods Business Overview & Revenue Model
Company DescriptionBorealis Foods (BRLS) is a company specializing in the production and distribution of food products. The company operates in the consumer goods sector, focusing primarily on providing nutritious and sustainable food solutions. Borealis Foods is committed to delivering high-quality products that cater to the dietary needs of its customers, emphasizing sustainability and health.
How the Company Makes MoneyBorealis Foods makes money through the sale of its food products to a variety of customers, including retail grocery chains, food service distributors, and directly to consumers via online platforms. The company's key revenue streams include product sales from its diverse portfolio of food items, which may range from packaged meals to specialty health foods. Significant partnerships with retailers and distributors enhance its market reach and sales volume. Additionally, Borealis Foods may engage in collaborations with other food industry players to innovate and expand its product offerings, thereby contributing to its overall earnings.
Borealis Foods Financial Statement Overview
Summary
Borealis Foods faces significant financial challenges across its income statement, balance sheet, and cash flow statement. The company is struggling with revenue generation and profitability, has substantial leverage, and is experiencing negative cash flows, indicating financial instability and potential risks.Income Statement
The income statement of Borealis Foods indicates significant challenges. The company has experienced declining revenues, with a revenue of $0 in the most recent year compared to $25.6 million the previous year. Gross profit margin is negative, and net income is consistently negative, highlighting profitability issues. EBIT and EBITDA margins are also negative, underlining operational inefficiencies. Overall, the financial performance is weak with significant deterioration in revenue and profitability.10
Very Negative
Balance Sheet
The balance sheet shows a moderate level of equity with a stockholders' equity of $14.6 million. However, the company has a high debt-to-equity ratio, indicating substantial leverage, which poses financial risk. The equity ratio is relatively stable at 66%, suggesting a reasonable proportion of equity in the capital structure. However, the high liabilities and substantial debt burden remain concerns for financial stability.25
Negative
Cash Flow
Cash flow analysis reveals considerable challenges. Operating cash flow is negative, reflecting ongoing operational cash deficits. Free cash flow remains negative, indicating a lack of cash generation from operations. Although there was a significant influx in investing cash flow, primarily from asset sales, this is not sustainable for long-term operations. The negative cash flows highlight liquidity concerns and the need for financial restructuring.30
Negative
| Breakdown | |||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 14.34M | 0.00 | 25.59M | 13.63M |
| Gross Profit | |||
| -796.50K | 0.00 | -8.07M | -212.99K |
| EBIT | |||
| -9.99M | -5.13M | -23.06M | -10.21M |
| EBITDA | |||
| -8.44M | -2.94M | -2.89M | -7.74M |
| Net Income Common Stockholders | |||
| -10.64M | -2.94M | -26.28M | -10.12M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 8.21M | 93.11K | 5.15M | 2.91M |
| Total Assets | |||
| 70.33M | 22.04M | 64.77M | 57.38M |
| Total Debt | |||
| 37.50M | 3.99M | 41.18M | 13.19M |
| Net Debt | |||
| 29.29M | 3.89M | 36.03M | 10.28M |
| Total Liabilities | |||
| 54.13M | 7.49M | 60.13M | 29.30M |
| Stockholders Equity | |||
| 16.20M | 14.56M | 4.64M | 28.08M |
| Cash Flow | Free Cash Flow | ||
| -8.97M | -2.34M | -27.43M | -27.99M |
| Operating Cash Flow | |||
| -8.42M | -2.34M | -24.05M | -6.78M |
| Investing Cash Flow | |||
| -4.13M | 158.81M | -3.33M | -21.21M |
| Financing Cash Flow | |||
| 13.19M | -157.06M | 29.62M | 27.52M |
Borealis Foods Technical Analysis
Negative
5.89
Price Trends
6.07
Negative
6.11
Negative
6.81
Negative
Market Momentum
-0.05
Positive
47.54
Neutral
12.10
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRLS, the sentiment is Negative. The current price of 5.89 is below the 20-day moving average (MA) of 5.98, below the 50-day MA of 6.07, and below the 200-day MA of 6.81, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 47.54 is Neutral, neither overbought nor oversold. The STOCH value of 12.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRLS.
Borealis Foods Risk Analysis
Borealis Foods disclosed 27 risk factors in its most recent earnings report. Borealis Foods reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Borealis Foods Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $28.47B | 21.25 | 38.65% | 2.74% | -16.16% | 41.01% | |
67 Neutral | $12.67B | 25.94 | 5.53% | 5.27% | -2.00% | -50.02% | |
66 Neutral | $32.37B | 12.98 | 27.37% | 4.04% | -2.62% | 4.27% | |
66 Neutral | $11.84B | 22.88 | 13.43% | 3.78% | 9.15% | -31.94% | |
64 Neutral | $14.25B | 10.26 | 8.97% | 4.33% | 16.33% | -11.91% | |
61 Neutral | $12.38B | 22.22 | -3.55% | 3.70% | 7.07% | -181.54% | |
32 Underperform | $125.92M | ― | -198.30% | ― | ― | -252.75% |
* Financial Sector Average
Performance Comparison
BRLS
Borealis Foods
5.89
0.40
7.29%
CPB
Campbell Soup
39.72
-3.46
-8.01%
CAG
Conagra Brands
26.55
-1.72
-6.08%
GIS
General Mills
59.11
-8.52
-12.60%
SJM
JM Smucker
116.32
-3.70
-3.08%
K
Kellanova
82.47
27.12
49.00%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.