BRLS
Borealis Foods Inc.
Price Chart
Latest Quote
$1.31
-0.04 (-2.96%)
Current Price
| Previous Close | $1.35 |
| Open | $1.33 |
| Day High | $1.37 |
| Day Low | $1.31 |
| Volume | 3,686 |
Stock Information
| Shares Outstanding | 21.46M |
| Total Debt | $54.38M |
| Cash Equivalents | $64K |
| Revenue | $30.08M |
| Net Income | $-18.98M |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Market Cap | $28.12M |
| EPS (TTM) | $-0.89 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $79.21M |
| Sales | $30.08M |
| Income | $-18.98M |
| Book/sh | $-0.90 |
| Cash/sh | $0.00 |
| Employees | 140 |
Financial Ratios
| Quick Ratio | 0.05 |
| Current Ratio | 0.12 |
Returns & Margins
| ROA | -12.25% |
| Gross Margin | 17.79% |
| Operating Margin | -31.74% |
| Profit Margin | -63.10% |
Ownership
| Insider Ownership | 45.50% |
| Institutional Ownership | 0.22% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.93 |
| P/B | -1.46 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.44 |
| SMA50 | $1.35 |
| SMA200 | $1.94 |
| RSI | 40.23 |
| ATR | 0.1204 |
| Shares Float | 6.47M |
| Short Float | 6.23% |
| Short Ratio | 0.40 |
| Volatility | 0.34 |
| Rel Volume | 0.37 |
Performance History
| Week | -5.76% |
| Month | -7.09% |
| Quarter | -18.13% |
| 6 Months | -30.69% |
| YTD | -25.99% |
| Year | -74.71% |
| 3 Years | -87.72% |
| 10 Years | -86.66% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $1.31 | 3,686 |
| 2026-06-17 | $1.35 | 29,000 |
| 2026-06-16 | $1.16 | 33,800 |
| 2026-06-15 | $1.41 | 4,900 |
| 2026-06-12 | $1.41 | 5,600 |
| 2026-06-11 | $1.39 | 2,300 |
| 2026-06-10 | $1.51 | 1,300 |
| 2026-06-09 | $1.53 | 16,800 |
| 2026-06-08 | $1.51 | 5,400 |
| 2026-06-05 | $1.57 | 8,300 |
| 2026-06-04 | $1.59 | 10,600 |
| 2026-06-03 | $1.54 | 2,900 |
| 2026-06-02 | $1.53 | 8,100 |
| 2026-06-01 | $1.47 | 11,300 |
| 2026-05-29 | $1.48 | 13,200 |
| 2026-05-28 | $1.45 | 6,800 |
| 2026-05-27 | $1.44 | 5,200 |
| 2026-05-26 | $1.42 | 17,200 |
| 2026-05-22 | $1.43 | 3,900 |
| 2026-05-21 | $1.39 | 11,000 |
| 2026-05-20 | $1.39 | 9,100 |
| 2026-05-19 | $1.41 | 10,200 |
About Borealis Foods Inc.
Borealis Foods Inc. operates as a food tech company that provides nutritious food products. It provides ramen noodles under the Chef Woo, Chef Ramsay, Ramen Express, and Woodles brands. The company is based in Oakville, Canada.
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $26,568,201 | $25,479,383 | $31,288,687 | $33,660,482 |
| Cost Of Revenue | $26,568,201 | $25,479,383 | $31,288,687 | $33,660,482 |
| Total Revenue | $30,079,571 | $27,668,894 | $29,984,968 | $0 |
| Operating Revenue | $31,475,628 | $29,100,391 | $31,377,045 | $0 |
| Expenses | ||||
| Interest Expense | $5,985,962 | $5,060,678 | $7,276,583 | $3,215,822 |
| Total Expenses | $41,115,556 | $48,073,869 | $49,633,887 | $2,886,611 |
| Other Income Expense | $-2,023,381 | $3,554 | $-889,776 | $2,580,057 |
| Net Non Operating Interest Income Expense | $-5,985,962 | $-5,060,678 | $-7,276,583 | $4,010 |
| Interest Expense Non Operating | $5,985,962 | $5,060,678 | $7,276,583 | $3,215,822 |
| Operating Expense | $14,547,355 | $22,594,486 | $18,345,200 | $2,886,611 |
| Other Operating Expenses | - | - | $-300,231 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Net Interest Income | $-5,985,962 | $-5,060,678 | $-7,276,583 | $4,010 |
| Normalized Income | $-16,962,324 | $-25,330,733 | $-26,600,148 | $-2,882,601 |
| Net Income From Continuing And Discontinued Operation | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Total Operating Income As Reported | $-11,035,985 | $-20,404,975 | $-19,949,150 | $-2,886,611 |
| Net Income Common Stockholders | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Net Income | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Net Income Including Noncontrolling Interests | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Net Income Continuous Operations | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Pretax Income | $-19,045,328 | $-25,462,099 | $-27,815,278 | $-302,544 |
| Special Income Charges | $-2,007,438 | $0 | $-962,665 | $50,000 |
| Operating Income | $-11,035,985 | $-20,404,975 | $-19,648,919 | $-2,886,611 |
| Gross Profit | $3,511,370 | $2,189,511 | $-1,303,719 | $-8,069,787 |
| Interest Income | - | - | $5,159 | $4,010 |
| Interest Income Non Operating | - | - | $5,159 | $4,010 |
| Per Share | ||||
| Diluted EPS | - | $-1.25 | $-1.32 | $-0.01 |
| Basic EPS | - | $-1.25 | $-1.32 | $-0.01 |
| Other | ||||
| Tax Effect Of Unusual Items | $-7,087 | $19 | $-10,677 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-9,194,699 | $-18,081,358 | $-15,712,264 | $-5,466,668 |
| Total Unusual Items | $-2,023,381 | $3,554 | $-889,776 | $2,580,057 |
| Total Unusual Items Excluding Goodwill | $-2,023,381 | $3,554 | $-889,776 | $2,580,057 |
| Reconciled Depreciation | $1,841,286 | $2,323,617 | $3,936,655 | $3,451,405 |
| EBITDA (Bullshit earnings) | $-11,218,080 | $-18,077,804 | $-16,602,040 | $-2,886,611 |
| EBIT | $-13,059,366 | $-20,401,421 | $-20,538,695 | $-2,886,611 |
| Diluted NI Availto Com Stockholders | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Tax Provision | $-66,710 | $-134,901 | $-336,031 | $55,588 |
| Write Off | $-2,562 | $0 | - | - |
| Impairment Of Capital Assets | $2,010,000 | - | - | - |
| Gain On Sale Of Security | $-15,943 | $3,554 | $72,889 | $2,580,057 |
| Selling General And Administration | $14,547,355 | $22,594,486 | $18,645,431 | $14,992,673 |
| Diluted Average Shares | - | $20,309,934 | $21,378,890 | $20,866,573 |
| Basic Average Shares | - | $20,309,934 | $21,378,890 | $20,866,573 |
| Gain On Sale Of Ppe | - | $0 | $-962,665 | $50,000 |
| Other Special Charges | - | - | - | - |
Fetched: 2026-06-16
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-19,528,628 | $-2,932,549 | $-23,264,651 | $176,948,589 |
| Total Assets | $52,573,331 | $60,006,083 | $65,786,342 | $179,449,742 |
| Total Non Current Assets | $44,518,051 | $48,206,500 | $48,604,050 | $178,532,948 |
| Other Non Current Assets | $169,685 | $169,685 | $169,685 | $178,532,948 |
| Goodwill And Other Intangible Assets | $298,041 | $2,236,663 | $1,917,356 | $1,917,356 |
| Other Intangible Assets | $298,041 | $319,307 | - | - |
| Current Assets | $8,055,280 | $11,799,583 | $17,182,292 | $916,794 |
| Other Current Assets | $760,616 | $1,134,611 | - | - |
| Inventory | $4,582,576 | $8,046,259 | $6,945,028 | $6,284,665 |
| Receivables | $2,648,229 | $1,965,748 | $1,775,756 | $2,592,757 |
| Accounts Receivable | $2,648,229 | $1,965,748 | $1,775,756 | $2,592,757 |
| Allowance For Doubtful Accounts Receivable | $-230,000 | $-247,653 | $-224,433 | $-113,383 |
| Gross Accounts Receivable | $2,878,229 | $2,213,401 | $2,000,189 | $2,706,140 |
| Cash Cash Equivalents And Short Term Investments | $63,859 | $652,965 | $7,615,630 | $680,792 |
| Cash And Cash Equivalents | $63,859 | $652,965 | $7,615,630 | $680,792 |
| Cash Financial | $63,859 | $652,965 | $7,615,630 | $680,792 |
| Prepaid Assets | - | $1,134,611 | $845,878 | $236,002 |
| Other Receivables | - | - | - | - |
| Debt | ||||
| Net Debt | $25,727,617 | $29,882,020 | $56,874,680 | $819,208 |
| Total Debt | $27,081,921 | $32,284,790 | $66,853,884 | $1,500,000 |
| Long Term Debt And Capital Lease Obligation | $607,989 | $26,233,895 | $18,263,616 | $15,194,876 |
| Current Debt And Capital Lease Obligation | $26,473,932 | $6,050,895 | $48,590,268 | $1,500,000 |
| Current Debt | $25,791,476 | $5,456,934 | $47,981,121 | $1,500,000 |
| Other Current Borrowings | $25,791,476 | $5,456,934 | $47,981,121 | $25,430,000 |
| Long Term Debt | - | $25,078,051 | $16,509,189 | $13,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $71,803,918 | $60,701,969 | $87,133,637 | $2,501,153 |
| Total Non Current Liabilities Net Minority Interest | $1,987,215 | $35,295,479 | $19,829,849 | $0 |
| Tradeand Other Payables Non Current | $0 | $0 | $0 | - |
| Non Current Deferred Liabilities | $1,379,226 | $1,459,923 | $1,566,233 | $1,917,356 |
| Non Current Deferred Taxes Liabilities | $1,379,226 | $1,459,923 | $1,566,233 | $1,917,356 |
| Current Liabilities | $69,816,703 | $25,406,490 | $67,303,788 | $2,501,153 |
| Payables And Accrued Expenses | $43,342,771 | $19,355,595 | $18,713,520 | $1,001,153 |
| Payables | $43,342,771 | $19,355,595 | $18,713,520 | $158,640 |
| Accounts Payable | $16,046,886 | $11,529,803 | $10,887,730 | $8,711,002 |
| Current Notes Payable | - | - | $3,988,000 | $1,500,000 |
| Equity | ||||
| Common Stock Equity | $-19,230,587 | $-695,886 | $-21,347,295 | $176,948,589 |
| Total Equity Gross Minority Interest | $-19,230,587 | $-695,886 | $-21,347,295 | $176,948,589 |
| Stockholders Equity | $-19,230,587 | $-695,886 | $-21,347,295 | $176,948,589 |
| Retained Earnings | $-109,771,192 | $-90,792,574 | $-65,465,376 | $-1,584,820 |
| Other | ||||
| Ordinary Shares Number | $21,463,306 | $21,378,890 | $21,378,890 | $20,866,573 |
| Share Issued | $21,463,306 | $21,378,890 | $21,378,890 | $20,866,573 |
| Tangible Book Value | $-19,528,628 | $-2,932,549 | $-23,264,651 | $176,948,589 |
| Invested Capital | $6,560,889 | $29,839,099 | $43,143,015 | $178,448,589 |
| Working Capital | $-61,761,423 | $-13,606,907 | $-50,121,496 | $-1,584,359 |
| Capital Lease Obligations | $1,290,445 | $1,749,805 | $2,363,574 | $2,747,255 |
| Total Capitalization | $-19,230,587 | $24,382,165 | $-4,838,106 | $176,948,589 |
| Additional Paid In Capital | $90,540,605 | $90,096,688 | $44,118,081 | $0 |
| Capital Stock | $0 | $0 | $0 | $178,533,409 |
| Common Stock | $0 | $0 | $0 | $178,533,409 |
| Dueto Related Parties Non Current | $0 | $7,601,661 | $0 | - |
| Long Term Capital Lease Obligation | $607,989 | $1,155,844 | $1,754,427 | $2,194,876 |
| Current Capital Lease Obligation | $682,456 | $593,961 | $609,147 | $552,379 |
| Dueto Related Parties Current | $27,295,885 | $7,825,792 | $7,825,790 | $158,640 |
| Goodwill | $0 | $1,917,356 | $1,917,356 | $1,917,356 |
| Net PPE | $44,050,325 | $45,800,152 | $46,517,009 | $46,841,749 |
| Accumulated Depreciation | $-15,614,833 | $-13,886,333 | $-11,373,085 | $-7,722,873 |
| Gross PPE | $59,665,158 | $59,686,485 | $57,890,094 | $54,564,622 |
| Construction In Progress | $760,387 | $879,220 | $5,078,103 | $3,517,418 |
| Other Properties | $161,598 | $179,849 | $108,469 | - |
| Machinery Furniture Equipment | $48,632,985 | $48,517,228 | $42,594,605 | $40,938,289 |
| Buildings And Improvements | $10,110,188 | $10,110,188 | $10,108,917 | $10,108,915 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-175,555 | $-892,083 | $-188,633 | $-200,000 |
| Finished Goods | $827,381 | $2,225,813 | $1,942,850 | $2,087,393 |
| Raw Materials | $3,930,750 | $6,712,529 | $5,190,811 | $4,397,272 |
| Preferred Stock | - | - | $0 | $0 |
| Current Accrued Expenses | - | - | $3,432,370 | $842,513 |
| Minority Interest | - | - | - | $0 |
Fetched: 2026-06-16
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-6,667,639 | $-17,060,253 | $-22,471,206 | $-2,105,718 |
| Operating Activities | ||||
| Operating Cash Flow | $-6,598,823 | $-15,089,543 | $-18,005,095 | $-2,105,718 |
| Cash Flow From Continuing Operating Activities | $-6,598,823 | $-15,089,543 | $-18,005,095 | $-2,105,718 |
| Operating Gains Losses | - | - | $962,665 | $-2,580,057 |
| Investing Activities | ||||
| Capital Expenditure | $-68,816 | $-1,970,710 | $-4,466,111 | $-3,379,324 |
| Investing Cash Flow | $-65,738 | $-1,907,135 | $-4,466,111 | $0 |
| Cash Flow From Continuing Investing Activities | $-65,738 | $-1,907,135 | $-4,466,111 | $0 |
| Net Other Investing Changes | - | $63,575 | $159,450,374 | - |
| Financing Activities | ||||
| Financing Cash Flow | $6,075,455 | $10,034,013 | $24,940,220 | $1,663,126 |
| Cash Flow From Continuing Financing Activities | $6,075,455 | $10,034,013 | $24,940,220 | $1,663,126 |
| Net Other Financing Charges | $11,868,432 | - | $-1,431,186 | $163,126 |
| Repurchase Of Capital Stock | - | - | $-159,450,374 | $0 |
| Net Common Stock Issuance | - | - | $-159,450,374 | $0 |
| Issuance Of Capital Stock | - | - | - | $1,000,000 |
| Common Stock Issuance | - | - | - | $1,000,000 |
| Other | ||||
| Repayment Of Debt | $-14,203,914 | $-565,987 | $-15,628,594 | $-509,448 |
| Issuance Of Debt | $8,410,937 | $10,600,000 | $42,000,000 | $1,500,000 |
| Interest Paid Supplemental Data | $1,036,259 | $2,636,181 | $2,912,879 | $3,104,939 |
| Income Tax Paid Supplemental Data | $13,987 | $14,948 | $15,092 | - |
| End Cash Position | $63,859 | $652,965 | $7,615,630 | $680,792 |
| Beginning Cash Position | $652,965 | $7,615,630 | $5,146,616 | $1,123,384 |
| Changes In Cash | $-589,106 | $-6,962,665 | $2,469,014 | $-442,592 |
| Net Issuance Payments Of Debt | $-5,792,977 | $10,034,013 | $26,371,406 | $1,500,000 |
| Net Long Term Debt Issuance | $-5,792,977 | $10,034,013 | $26,371,406 | $24,920,552 |
| Long Term Debt Payments | $-14,203,914 | $-565,987 | $-15,628,594 | $-509,448 |
| Long Term Debt Issuance | $8,410,937 | $10,600,000 | $42,000,000 | $25,430,000 |
| Net Intangibles Purchase And Sale | $-68,816 | $-319,307 | $0 | - |
| Purchase Of Intangibles | $-68,816 | $-319,307 | $0 | - |
| Net PPE Purchase And Sale | $3,078 | $-1,651,403 | $-4,466,111 | $-3,329,324 |
| Sale Of PPE | $3,078 | - | - | $50,000 |
| Change In Working Capital | $8,403,304 | $5,709,660 | $3,212,481 | $776,883 |
| Change In Other Current Liabilities | $-3,157 | $-3,138 | $6,444 | - |
| Change In Payables And Accrued Expense | $4,517,084 | $8,019,425 | $2,176,727 | $604,049 |
| Change In Prepaid Assets | $373,995 | $-288,734 | $972,355 | $172,834 |
| Change In Inventory | $4,180,210 | $-1,804,681 | $-648,996 | $421,338 |
| Change In Receivables | $-664,828 | $-213,212 | $705,951 | $-1,572,354 |
| Changes In Account Receivables | $-664,828 | $-213,212 | $705,951 | $-1,572,354 |
| Other Non Cash Items | $498,728 | $310,964 | $1,121,496 | - |
| Stock Based Compensation | $443,917 | $1,273,053 | $492,295 | $514,489 |
| Provisionand Write Offof Assets | $-734,181 | $726,670 | $99,683 | $-493,943 |
| Asset Impairment Charge | $2,007,438 | $0 | - | - |
| Deferred Tax | $-80,697 | $-106,309 | $-351,123 | - |
| Deferred Income Tax | $-80,697 | $-106,309 | $-351,123 | - |
| Depreciation Amortization Depletion | $1,841,286 | $2,323,617 | $3,936,655 | $3,451,405 |
| Depreciation And Amortization | $1,841,286 | $2,323,617 | $3,936,655 | $3,451,405 |
| Net Income From Continuing Operations | $-18,978,618 | $-25,327,198 | $-27,479,247 | $-302,544 |
| Purchase Of PPE | - | $-1,651,403 | $-4,466,111 | $-3,379,324 |
| Common Stock Payments | - | - | $-159,450,374 | $0 |
| Net Short Term Debt Issuance | - | - | $2,488,000 | $1,500,000 |
| Short Term Debt Issuance | - | - | $2,488,000 | $1,500,000 |
| Net Investment Purchase And Sale | - | - | $-636,982 | $0 |
| Purchase Of Investment | - | - | $-636,982 | $0 |
| Change In Accrued Expense | - | - | $2,580,737 | $604,049 |
| Gain Loss On Investment Securities | - | - | $-2,201,765 | $-2,578,984 |
| Net Foreign Currency Exchange Gain Loss | - | - | $17,334 | $-1,073 |
Fetched: 2026-06-16