Added to YB: 2025-01-23
Pitch date: 2025-01-22
FOOD.TO [neutral]
Goodfood Market Corp.
-40.82%
current return
Author Info
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Company Info
Goodfood Market Corp. delivers fresh meals and add-ons in Canada. It offers ready-to-eat and ready-to-cook meal kits, which include meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and frozen products, and kitchen essentials.
Market Cap
CAD 16.3M
Pitch Price
CAD 0.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.58
P/E
-5.02
EV/Sales
0.36
Sector
Consumer Staples Distribution and Retail
Category
N/A
GoodFood Market Corp ($FOOD.TO) FINS review
FOOD.TO (1.5/5 stars): Q1 rev -14.3% YoY to $34.7M, GP margin +20bps to 39.6%. Net loss $1.7M vs $2M YoY. Cash burn concern: OCF $2.2M, barely covers interest/lease. Weak balance sheet (1.09 current ratio). $45.7M convertible debt. Genuine Tea acquisition unlikely to offset revenue decline. Bitcoin reserve strategy raises concerns.
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