Symbols / BRLS $1.42 +0.71% Borealis Foods Inc.

Consumer Defensive • Packaged Foods • Canada • NCM
BRLS Chart
About

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.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Packaged Foods Market Cap 30.48M
Enterprise Value 84.10M Income -18.33M Sales 27.90M
Book/sh -0.60 Cash/sh 0.01 Dividend Yield —
Payout 0.00% Employees 147 IPO —
P/E — Forward P/E — PEG —
P/S 1.09 P/B -2.35 P/C —
EV/EBITDA -7.68 EV/Sales 3.02 Quick Ratio 0.04
Current Ratio 0.15 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.86 EPS next Y — EPS Growth —
Revenue Growth -7.60% Earnings — ROA -13.56%
ROE — ROIC — Gross Margin 16.40%
Oper. Margin -27.10% Profit Margin -65.72% Shs Outstand 21.46M
Shs Float 5.25M Short Float 8.46% Short Ratio 2.15
Short Interest — 52W High 7.05 52W Low 0.60
Beta 0.18 Avg Volume 1.52M Volume 9.40K
Target Price — Recom None Prev Close $1.41
Price $1.42 Change 0.71%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.42
Latest analyst target
3. DCF / Fair value
$-0.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.42
Low
—
High
—
Mean
—
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-05-27 OYER STEVEN M Director — 20,000 $0.00 $0
2025-05-27 COUSIN ERTHARIN Director — 20,000 $0.00 $0
2025-05-27 MYNZHANOV KANAT Director — 10,000 $0.00 $0
2025-05-27 KHEMKA SHIV VIKRAM Director — 20,000 $0.00 $0
2025-05-27 HELG BARTHELEMY Director — 20,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
27.67
-7.72%
29.98
0.00
-100.00%
13.63
Operating Revenue
29.10
-7.26%
31.38
0.00
-100.00%
13.63
Cost Of Revenue
25.48
-18.57%
31.29
-7.05%
33.66
+143.11%
13.85
Reconciled Cost Of Revenue
25.48
-18.57%
31.29
-7.05%
33.66
+143.11%
13.85
Gross Profit
2.19
+267.94%
-1.30
+83.84%
-8.07
-3688.81%
-0.21
Operating Expense
22.59
+23.16%
18.35
+535.53%
2.89
-71.12%
10.00
Selling General And Administration
22.59
+21.18%
18.65
+24.36%
14.99
+50.00%
10.00
Other Operating Expenses
—
-0.30
—
—
Total Expenses
48.07
-3.14%
49.63
+1619.45%
2.89
-87.89%
23.84
Operating Income
-20.40
-3.85%
-19.65
-580.69%
-2.89
+71.72%
-10.21
Total Operating Income As Reported
-20.40
-2.28%
-19.95
-591.09%
-2.89
+71.72%
-10.21
EBITDA
-18.08
-8.89%
-16.60
-475.14%
-2.89
+62.70%
-7.74
Normalized EBITDA
-18.08
-15.08%
-15.71
-187.42%
-5.47
+32.60%
-8.11
Reconciled Depreciation
2.32
-40.97%
3.94
+14.06%
3.45
+64.55%
2.10
EBIT
-20.40
+0.67%
-20.54
-611.52%
-2.89
+70.66%
-9.84
Total Unusual Items
0.00
+100.40%
-0.89
-134.49%
2.58
+594.92%
0.37
Total Unusual Items Excluding Goodwill
0.00
+100.40%
-0.89
-134.49%
2.58
+594.92%
0.37
Special Income Charges
0.00
+100.00%
-0.96
-2025.33%
0.05
-86.67%
0.38
Other Special Charges
—
—
—
-0.38
Net Income
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Pretax Income
-25.46
+8.46%
-27.82
-9093.80%
-0.30
+97.01%
-10.10
Net Non Operating Interest Income Expense
-5.06
+30.45%
-7.28
-181560.92%
0.00
+101.51%
-0.26
Interest Expense Non Operating
5.06
-30.45%
7.28
+126.27%
3.22
+1114.80%
0.26
Net Interest Income
-5.06
+30.45%
-7.28
-181560.92%
0.00
+101.51%
-0.26
Interest Expense
5.06
-30.45%
7.28
+126.27%
3.22
+1114.80%
0.26
Interest Income Non Operating
—
0.01
+28.65%
0.00
—
Interest Income
—
0.01
+28.65%
0.00
—
Other Income Expense
0.00
+100.40%
-0.89
-134.49%
2.58
+594.92%
0.37
Gain On Sale Of Security
0.00
-95.12%
0.07
-97.17%
2.58
+69326.11%
-0.00
Tax Provision
-0.13
+59.85%
-0.34
-704.50%
0.06
+184.50%
0.02
Tax Rate For Calcs
0.00
-65.00%
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.00
+100.14%
-0.01
0.00
-100.00%
0.10
Net Income Including Noncontrolling Interests
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Net Income From Continuing Operation Net Minority Interest
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Net Income From Continuing And Discontinued Operation
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Net Income Continuous Operations
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Normalized Income
-25.33
+4.77%
-26.60
-822.78%
-2.88
+72.27%
-10.39
Net Income Common Stockholders
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Diluted EPS
-1.25
+5.08%
-1.32
-8982.72%
-0.01
+97.01%
-0.49
Basic EPS
-1.25
+5.08%
-1.32
-8982.72%
-0.01
+97.01%
-0.49
Basic Average Shares
20.31
-5.00%
21.38
+2.46%
20.87
+0.00%
20.87
Diluted Average Shares
20.31
-5.00%
21.38
+2.46%
20.87
+0.00%
20.87
Diluted NI Availto Com Stockholders
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Gain On Sale Of PPE
0.00
+100.00%
-0.96
-2025.33%
0.05
0.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
60.01
-8.79%
65.79
-63.34%
179.45
+212.72%
57.38
Current Assets
11.80
-31.33%
17.18
+1774.17%
0.92
-92.08%
11.57
Cash Cash Equivalents And Short Term Investments
0.65
-91.43%
7.62
+1018.64%
0.68
-76.57%
2.91
Cash And Cash Equivalents
0.65
-91.43%
7.62
+1018.64%
0.68
-76.57%
2.91
Cash Financial
0.65
-91.43%
7.62
+1018.64%
0.68
-76.57%
2.91
Receivables
1.97
+10.70%
1.78
-31.51%
2.59
+21.51%
2.13
Accounts Receivable
1.97
+10.70%
1.78
-31.51%
2.59
+128.68%
1.13
Gross Accounts Receivable
2.21
+10.66%
2.00
-26.09%
2.71
+87.00%
1.45
Allowance For Doubtful Accounts Receivable
-0.25
-10.35%
-0.22
-97.94%
-0.11
+63.82%
-0.31
Other Receivables
—
—
—
1.00
Inventory
8.05
+15.86%
6.95
+10.51%
6.28
+3.05%
6.10
Raw Materials
6.71
+29.32%
5.19
+18.05%
4.40
-22.56%
5.68
Finished Goods
2.23
+14.56%
1.94
-6.92%
2.09
+69.99%
1.23
Prepaid Assets
1.13
+34.13%
0.85
+258.42%
0.24
-45.89%
0.44
Total Non Current Assets
48.21
-0.82%
48.60
-72.78%
178.53
+289.73%
45.81
Net PPE
45.80
-1.54%
46.52
-0.69%
46.84
+6.83%
43.85
Gross PPE
59.57
+2.90%
57.89
+6.09%
54.56
+13.40%
48.12
Accumulated Depreciation
-13.77
-21.08%
-11.37
-47.26%
-7.72
-80.85%
-4.27
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
10.11
+0.01%
10.11
+0.00%
10.11
-1.64%
10.28
Machinery Furniture Equipment
48.52
+13.90%
42.59
+4.05%
40.94
+157.24%
15.91
Construction In Progress
0.88
-82.69%
5.08
+44.37%
3.52
-83.96%
21.92
Other Properties
0.06
-41.16%
0.11
—
—
Goodwill And Other Intangible Assets
2.24
+16.65%
1.92
+0.00%
1.92
+0.00%
1.92
Goodwill
1.92
+0.00%
1.92
+0.00%
1.92
+0.00%
1.92
Other Intangible Assets
0.32
—
—
—
Other Non Current Assets
0.17
+0.00%
0.17
-99.90%
178.53
+383841.82%
0.05
Total Liabilities Net Minority Interest
60.70
-30.33%
87.13
+3383.74%
2.50
-91.46%
29.30
Current Liabilities
25.41
-62.25%
67.30
+2590.91%
2.50
-85.61%
17.38
Payables And Accrued Expenses
19.36
+3.43%
18.71
+1769.20%
1.00
-92.95%
14.19
Payables
19.36
+3.43%
18.71
+11696.22%
0.16
-98.88%
14.19
Accounts Payable
11.53
+5.90%
10.89
+24.99%
8.71
+20.18%
7.25
Current Accrued Expenses
—
3.43
+307.40%
0.84
—
Current Debt And Capital Lease Obligation
6.05
-87.55%
48.59
+3139.35%
1.50
-52.96%
3.19
Current Debt
5.46
-88.63%
47.98
+3098.74%
1.50
-52.96%
3.19
Other Current Borrowings
5.46
-88.63%
47.98
+88.68%
25.43
+697.54%
3.19
Current Capital Lease Obligation
0.59
-2.49%
0.61
+10.28%
0.55
0.00
Total Non Current Liabilities Net Minority Interest
35.30
+77.99%
19.83
0.00
-100.00%
11.92
Long Term Debt And Capital Lease Obligation
26.23
+43.64%
18.26
+20.20%
15.19
+51.95%
10.00
Long Term Debt
25.08
+51.90%
16.51
+26.99%
13.00
+30.00%
10.00
Long Term Capital Lease Obligation
1.16
-34.12%
1.75
-20.07%
2.19
0.00
Tradeand Other Payables Non Current
0.00
0.00
—
—
Non Current Deferred Liabilities
1.46
-6.79%
1.57
-18.31%
1.92
+0.00%
1.92
Non Current Deferred Taxes Liabilities
1.46
-6.79%
1.57
-18.31%
1.92
+0.00%
1.92
Stockholders Equity
-0.70
+96.74%
-21.35
-112.06%
176.95
+530.06%
28.08
Common Stock Equity
-0.70
+96.74%
-21.35
-112.06%
176.95
+530.06%
28.08
Capital Stock
0.00
0.00
-100.00%
178.53
0.00
Common Stock
0.00
0.00
-100.00%
178.53
0.00
Preferred Stock
—
0.00
0.00
—
Share Issued
21.38
+0.00%
21.38
+2.46%
20.87
+0.00%
20.87
Ordinary Shares Number
21.38
+0.00%
21.38
+2.46%
20.87
+0.00%
20.87
Additional Paid In Capital
90.10
+104.22%
44.12
0.00
-100.00%
39.79
Retained Earnings
-90.79
-38.69%
-65.47
-4030.78%
-1.58
+86.46%
-11.70
Minority Interest
—
—
0.00
0.00
Total Equity Gross Minority Interest
-0.70
+96.74%
-21.35
-112.06%
176.95
+530.06%
28.08
Total Capitalization
24.38
+603.96%
-4.84
-102.73%
176.95
+364.62%
38.08
Working Capital
-13.61
+72.85%
-50.12
-3063.52%
-1.58
+72.72%
-5.81
Invested Capital
29.84
-30.84%
43.14
-75.82%
178.45
+332.36%
41.27
Total Debt
32.28
-51.71%
66.85
+4356.93%
1.50
-88.63%
13.19
Net Debt
29.88
-47.46%
56.87
+6842.64%
0.82
-92.03%
10.28
Capital Lease Obligations
1.75
-25.97%
2.36
-13.97%
2.75
0.00
Net Tangible Assets
-2.93
+87.39%
-23.26
-113.15%
176.95
+576.23%
26.17
Tangible Book Value
-2.93
+87.39%
-23.26
-113.15%
176.95
+576.23%
26.17
Current Notes Payable
—
3.99
+165.87%
1.50
—
Dueto Related Parties Current
7.83
+0.00%
7.83
+4833.05%
0.16
-97.72%
6.95
Dueto Related Parties Non Current
7.60
0.00
—
—
Inventories Adjustments Allowances
-0.89
-372.92%
-0.19
+5.68%
-0.20
+75.23%
-0.81
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-15.09
+16.19%
-18.01
-755.06%
-2.11
+68.96%
-6.78
Cash Flow From Continuing Operating Activities
-15.09
+16.19%
-18.01
-755.06%
-2.11
+68.96%
-6.78
Net Income From Continuing Operations
-25.33
+7.83%
-27.48
-8982.73%
-0.30
+97.01%
-10.12
Depreciation Amortization Depletion
2.32
-40.97%
3.94
+14.06%
3.45
+64.55%
2.10
Depreciation And Amortization
2.32
-40.97%
3.94
+14.06%
3.45
+64.55%
2.10
Other Non Cash Items
0.31
-72.27%
1.12
—
—
Stock Based Compensation
1.27
+158.60%
0.49
-4.31%
0.51
0.00
Provisionand Write Offof Assets
0.73
+628.98%
0.10
+120.18%
-0.49
-161.07%
0.81
Deferred Tax
-0.11
+69.72%
-0.35
—
—
Deferred Income Tax
-0.11
+69.72%
-0.35
—
—
Operating Gains Losses
—
0.96
+137.31%
-2.58
-588.02%
-0.38
Gain Loss On Investment Securities
—
-2.20
+14.63%
-2.58
—
Net Foreign Currency Exchange Gain Loss
—
0.02
+1715.47%
-0.00
—
Change In Working Capital
5.71
+77.73%
3.21
+313.51%
0.78
-3.53%
0.81
Change In Receivables
-0.21
-130.20%
0.71
+144.90%
-1.57
-105.29%
-0.77
Changes In Account Receivables
-0.21
-130.20%
0.71
+144.90%
-1.57
-105.29%
-0.77
Change In Inventory
-1.80
-178.07%
-0.65
-254.03%
0.42
+112.22%
-3.45
Change In Prepaid Assets
-0.29
-129.69%
0.97
+462.59%
0.17
+138.49%
-0.45
Change In Payables And Accrued Expense
8.02
+268.42%
2.18
+260.36%
0.60
-88.95%
5.47
Change In Accrued Expense
—
2.58
+327.24%
0.60
—
Change In Other Current Liabilities
-0.00
-148.70%
0.01
—
—
Investing Cash Flow
-1.91
+57.30%
-4.47
0.00
+100.00%
-21.21
Cash Flow From Continuing Investing Activities
-1.91
+57.30%
-4.47
0.00
+100.00%
-21.21
Net PPE Purchase And Sale
-1.65
+63.02%
-4.47
-34.14%
-3.33
+84.30%
-21.21
Purchase Of PPE
-1.65
+63.02%
-4.47
-32.16%
-3.38
+84.07%
-21.21
Sale Of PPE
—
—
0.05
0.00
Capital Expenditure
-1.97
+55.87%
-4.47
-32.16%
-3.38
+84.07%
-21.21
Net Investment Purchase And Sale
—
-0.64
0.00
—
Purchase Of Investment
—
-0.64
0.00
—
Net Intangibles Purchase And Sale
-0.32
0.00
—
—
Purchase Of Intangibles
-0.32
0.00
—
—
Net Other Investing Changes
0.06
-99.96%
159.45
—
—
Financing Cash Flow
10.03
-59.77%
24.94
+1399.60%
1.66
-93.96%
27.52
Cash Flow From Continuing Financing Activities
10.03
-59.77%
24.94
+1399.60%
1.66
-93.96%
27.52
Net Issuance Payments Of Debt
10.03
-61.95%
26.37
+1658.09%
1.50
-85.86%
10.61
Issuance Of Debt
10.60
-74.76%
42.00
+2700.00%
1.50
-86.73%
11.30
Repayment Of Debt
-0.57
+96.38%
-15.63
-2967.75%
-0.51
+26.06%
-0.69
Long Term Debt Issuance
10.60
-74.76%
42.00
+65.16%
25.43
+125.04%
11.30
Long Term Debt Payments
-0.57
+96.38%
-15.63
-2967.75%
-0.51
+26.06%
-0.69
Net Long Term Debt Issuance
10.03
-61.95%
26.37
+5.82%
24.92
+134.86%
10.61
Short Term Debt Issuance
—
2.49
+65.87%
1.50
—
Net Short Term Debt Issuance
—
2.49
+65.87%
1.50
—
Net Common Stock Issuance
—
-159.45
0.00
-100.00%
18.65
Common Stock Payments
—
-159.45
0.00
—
Repurchase Of Capital Stock
—
-159.45
0.00
—
Net Other Financing Charges
—
-1.43
-977.35%
0.16
+109.40%
-1.74
Changes In Cash
-6.96
-382.00%
2.47
+657.85%
-0.44
+5.36%
-0.47
Beginning Cash Position
7.62
+47.97%
5.15
+358.14%
1.12
-66.69%
3.37
End Cash Position
0.65
-91.43%
7.62
+1018.64%
0.68
-76.57%
2.91
Free Cash Flow
-17.06
+24.08%
-22.47
-967.15%
-2.11
+92.48%
-27.99
Interest Paid Supplemental Data
2.64
-9.50%
2.91
-6.19%
3.10
+895.69%
0.31
Income Tax Paid Supplemental Data
0.01
-0.95%
0.02
—
—
Common Stock Issuance
—
—
1.00
-94.64%
18.65
Issuance Of Capital Stock
—
—
1.00
-94.64%
18.65
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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