Symbols / BRLS $1.31 -2.96% Borealis Foods Inc.

Consumer Defensive • Packaged Foods • Canada • NCM
BRLS Chart
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Stock Fundamentals
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Index EQUITY
Sector Consumer Defensive
Industry Packaged Foods
CEO Dr. Reza Soltanzadeh M.D.
Exch · Country NCM · Canada
Market Cap 28.12M
Enterprise Value 82.43M
Income -18.98M
Sales 30.08M
FCF (ttm) -251.32K
Book/sh -0.90
Cash/sh 0.00
Employees 140
Insider 10d —
IPO Oct 06, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E —
PEG —
P/S 0.93
P/B -1.46
P/C —
EV/EBITDA -8.96
EV/Sales 2.74
Quick Ratio 0.05
Current Ratio 0.12
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -0.86
EPS next Y —
EPS Growth —
Revenue Growth 32.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA -12.25%
ROE —
ROIC —
Gross Margin 17.79%
Oper. Margin -31.74%
Profit Margin -63.10%
Shs Outstand 21.46M
Shs Float 6.47M
Insider Own 45.50%
Instit Own 0.22%
Short Float 6.23%
Short Ratio 0.40
Short Interest 225.21K
52W High 5.02
vs 52W High -73.90%
52W Low 0.60
vs 52W Low 118.33%
Beta 0.34
Impl. Vol. —
Rel Volume 0.01
Avg Volume 270.99K
Volume 3.69K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $1.35
Price $1.31
Change -2.96%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.31
Latest analyst target
3. DCF / Fair value
$-0.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.31
Low
—
High
—
Mean
—
News
RSS: Latest BRLS news
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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
30.08
+8.71%
27.67
-7.72%
29.98
0.00
Operating Revenue
31.48
+8.16%
29.10
-7.26%
31.38
0.00
Cost Of Revenue
26.57
+4.27%
25.48
-18.57%
31.29
-7.05%
33.66
Reconciled Cost Of Revenue
26.57
+4.27%
25.48
-18.57%
31.29
-7.05%
33.66
Gross Profit
3.51
+60.37%
2.19
+267.94%
-1.30
+83.84%
-8.07
Operating Expense
14.55
-35.62%
22.59
+23.16%
18.35
+535.53%
2.89
Selling General And Administration
14.55
-35.62%
22.59
+21.18%
18.65
+24.36%
14.99
Other Operating Expenses
—
—
-0.30
—
Total Expenses
41.12
-14.47%
48.07
-3.14%
49.63
+1619.45%
2.89
Operating Income
-11.04
+45.92%
-20.40
-3.85%
-19.65
-580.69%
-2.89
Total Operating Income As Reported
-11.04
+45.92%
-20.40
-2.28%
-19.95
-591.09%
-2.89
EBITDA
-11.22
+37.95%
-18.08
-8.89%
-16.60
-475.14%
-2.89
Normalized EBITDA
-9.19
+49.15%
-18.08
-15.08%
-15.71
-187.42%
-5.47
Reconciled Depreciation
1.84
-20.76%
2.32
-40.97%
3.94
+14.06%
3.45
EBIT
-13.06
+35.99%
-20.40
+0.67%
-20.54
-611.52%
-2.89
Total Unusual Items
-2.02
-57032.50%
0.00
+100.40%
-0.89
-134.49%
2.58
Total Unusual Items Excluding Goodwill
-2.02
-57032.50%
0.00
+100.40%
-0.89
-134.49%
2.58
Special Income Charges
-2.01
0.00
+100.00%
-0.96
-2025.33%
0.05
Other Special Charges
—
—
—
—
Impairment Of Capital Assets
2.01
—
—
—
Write Off
-0.00
0.00
—
—
Net Income
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Pretax Income
-19.05
+25.20%
-25.46
+8.46%
-27.82
-9093.80%
-0.30
Net Non Operating Interest Income Expense
-5.99
-18.28%
-5.06
+30.45%
-7.28
-181560.92%
0.00
Interest Expense Non Operating
5.99
+18.28%
5.06
-30.45%
7.28
+126.27%
3.22
Net Interest Income
-5.99
-18.28%
-5.06
+30.45%
-7.28
-181560.92%
0.00
Interest Expense
5.99
+18.28%
5.06
-30.45%
7.28
+126.27%
3.22
Interest Income Non Operating
—
—
0.01
+28.65%
0.00
Interest Income
—
—
0.01
+28.65%
0.00
Other Income Expense
-2.02
-57032.50%
0.00
+100.40%
-0.89
-134.49%
2.58
Gain On Sale Of Security
-0.02
-548.59%
0.00
-95.12%
0.07
-97.17%
2.58
Tax Provision
-0.07
+50.55%
-0.13
+59.85%
-0.34
-704.50%
0.06
Tax Rate For Calcs
0.00
-33.88%
0.00
-55.85%
0.00
0.00
Tax Effect Of Unusual Items
-0.01
-37739.32%
0.00
+100.18%
-0.01
0.00
Net Income Including Noncontrolling Interests
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Net Income From Continuing Operation Net Minority Interest
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Net Income From Continuing And Discontinued Operation
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Net Income Continuous Operations
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Normalized Income
-16.96
+33.04%
-25.33
+4.77%
-26.60
-822.78%
-2.88
Net Income Common Stockholders
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Diluted EPS
—
-1.25
+5.08%
-1.32
-8982.72%
-0.01
Basic EPS
—
-1.25
+5.08%
-1.32
-8982.72%
-0.01
Basic Average Shares
—
20.31
-5.00%
21.38
+2.46%
20.87
Diluted Average Shares
—
20.31
-5.00%
21.38
+2.46%
20.87
Diluted NI Availto Com Stockholders
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Gain On Sale Of PPE
—
0.00
+100.00%
-0.96
-2025.33%
0.05
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
52.57
-12.39%
60.01
-8.79%
65.79
-63.34%
179.45
Current Assets
8.06
-31.73%
11.80
-31.33%
17.18
+1774.17%
0.92
Cash Cash Equivalents And Short Term Investments
0.06
-90.22%
0.65
-91.43%
7.62
+1018.64%
0.68
Cash And Cash Equivalents
0.06
-90.22%
0.65
-91.43%
7.62
+1018.64%
0.68
Cash Financial
0.06
-90.22%
0.65
-91.43%
7.62
+1018.64%
0.68
Receivables
2.65
+34.72%
1.97
+10.70%
1.78
-31.51%
2.59
Accounts Receivable
2.65
+34.72%
1.97
+10.70%
1.78
-31.51%
2.59
Gross Accounts Receivable
2.88
+30.04%
2.21
+10.66%
2.00
-26.09%
2.71
Allowance For Doubtful Accounts Receivable
-0.23
+7.13%
-0.25
-10.35%
-0.22
-97.94%
-0.11
Other Receivables
—
—
—
—
Inventory
4.58
-43.05%
8.05
+15.86%
6.95
+10.51%
6.28
Raw Materials
3.93
-41.44%
6.71
+29.32%
5.19
+18.05%
4.40
Finished Goods
0.83
-62.83%
2.23
+14.56%
1.94
-6.92%
2.09
Prepaid Assets
—
1.13
+34.13%
0.85
+258.42%
0.24
Other Current Assets
0.76
-32.96%
1.13
—
—
Total Non Current Assets
44.52
-7.65%
48.21
-0.82%
48.60
-72.78%
178.53
Net PPE
44.05
-3.82%
45.80
-1.54%
46.52
-0.69%
46.84
Gross PPE
59.67
-0.04%
59.69
+3.10%
57.89
+6.09%
54.56
Accumulated Depreciation
-15.61
-12.45%
-13.89
-22.10%
-11.37
-47.26%
-7.72
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
10.11
+0.00%
10.11
+0.01%
10.11
+0.00%
10.11
Machinery Furniture Equipment
48.63
+0.24%
48.52
+13.90%
42.59
+4.05%
40.94
Construction In Progress
0.76
-13.52%
0.88
-82.69%
5.08
+44.37%
3.52
Other Properties
0.16
-10.15%
0.18
+65.81%
0.11
—
Goodwill And Other Intangible Assets
0.30
-86.67%
2.24
+16.65%
1.92
+0.00%
1.92
Goodwill
0.00
-100.00%
1.92
+0.00%
1.92
+0.00%
1.92
Other Intangible Assets
0.30
-6.66%
0.32
—
—
Other Non Current Assets
0.17
+0.00%
0.17
+0.00%
0.17
-99.90%
178.53
Total Liabilities Net Minority Interest
71.80
+18.29%
60.70
-30.33%
87.13
+3383.74%
2.50
Current Liabilities
69.82
+174.80%
25.41
-62.25%
67.30
+2590.91%
2.50
Payables And Accrued Expenses
43.34
+123.93%
19.36
+3.43%
18.71
+1769.20%
1.00
Payables
43.34
+123.93%
19.36
+3.43%
18.71
+11696.22%
0.16
Accounts Payable
16.05
+39.18%
11.53
+5.90%
10.89
+24.99%
8.71
Current Accrued Expenses
—
—
3.43
+307.40%
0.84
Current Debt And Capital Lease Obligation
26.47
+337.52%
6.05
-87.55%
48.59
+3139.35%
1.50
Current Debt
25.79
+372.64%
5.46
-88.63%
47.98
+3098.74%
1.50
Other Current Borrowings
25.79
+372.64%
5.46
-88.63%
47.98
+88.68%
25.43
Current Capital Lease Obligation
0.68
+14.90%
0.59
-2.49%
0.61
+10.28%
0.55
Total Non Current Liabilities Net Minority Interest
1.99
-94.37%
35.30
+77.99%
19.83
0.00
Long Term Debt And Capital Lease Obligation
0.61
-97.68%
26.23
+43.64%
18.26
+20.20%
15.19
Long Term Debt
—
25.08
+51.90%
16.51
+26.99%
13.00
Long Term Capital Lease Obligation
0.61
-47.40%
1.16
-34.12%
1.75
-20.07%
2.19
Tradeand Other Payables Non Current
0.00
0.00
0.00
—
Non Current Deferred Liabilities
1.38
-5.53%
1.46
-6.79%
1.57
-18.31%
1.92
Non Current Deferred Taxes Liabilities
1.38
-5.53%
1.46
-6.79%
1.57
-18.31%
1.92
Stockholders Equity
-19.23
-2663.47%
-0.70
+96.74%
-21.35
-112.06%
176.95
Common Stock Equity
-19.23
-2663.47%
-0.70
+96.74%
-21.35
-112.06%
176.95
Capital Stock
0.00
0.00
0.00
-100.00%
178.53
Common Stock
0.00
0.00
0.00
-100.00%
178.53
Preferred Stock
—
—
0.00
0.00
Share Issued
21.46
+0.39%
21.38
+0.00%
21.38
+2.46%
20.87
Ordinary Shares Number
21.46
+0.39%
21.38
+0.00%
21.38
+2.46%
20.87
Additional Paid In Capital
90.54
+0.49%
90.10
+104.22%
44.12
0.00
Retained Earnings
-109.77
-20.90%
-90.79
-38.69%
-65.47
-4030.78%
-1.58
Minority Interest
—
—
—
0.00
Total Equity Gross Minority Interest
-19.23
-2663.47%
-0.70
+96.74%
-21.35
-112.06%
176.95
Total Capitalization
-19.23
-178.87%
24.38
+603.96%
-4.84
-102.73%
176.95
Working Capital
-61.76
-353.90%
-13.61
+72.85%
-50.12
-3063.52%
-1.58
Invested Capital
6.56
-78.01%
29.84
-30.84%
43.14
-75.82%
178.45
Total Debt
27.08
-16.12%
32.28
-51.71%
66.85
+4356.93%
1.50
Net Debt
25.73
-13.90%
29.88
-47.46%
56.87
+6842.64%
0.82
Capital Lease Obligations
1.29
-26.25%
1.75
-25.97%
2.36
-13.97%
2.75
Net Tangible Assets
-19.53
-565.93%
-2.93
+87.39%
-23.26
-113.15%
176.95
Tangible Book Value
-19.53
-565.93%
-2.93
+87.39%
-23.26
-113.15%
176.95
Current Notes Payable
—
—
3.99
+165.87%
1.50
Dueto Related Parties Current
27.30
+248.79%
7.83
+0.00%
7.83
+4833.05%
0.16
Dueto Related Parties Non Current
0.00
-100.00%
7.60
0.00
—
Inventories Adjustments Allowances
-0.18
+80.32%
-0.89
-372.92%
-0.19
+5.68%
-0.20
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-6.60
+56.27%
-15.09
+16.19%
-18.01
-755.06%
-2.11
Cash Flow From Continuing Operating Activities
-6.60
+56.27%
-15.09
+16.19%
-18.01
-755.06%
-2.11
Net Income From Continuing Operations
-18.98
+25.07%
-25.33
+7.83%
-27.48
-8982.73%
-0.30
Depreciation Amortization Depletion
1.84
-20.76%
2.32
-40.97%
3.94
+14.06%
3.45
Depreciation And Amortization
1.84
-20.76%
2.32
-40.97%
3.94
+14.06%
3.45
Other Non Cash Items
0.50
+60.38%
0.31
-72.27%
1.12
—
Stock Based Compensation
0.44
-65.13%
1.27
+158.60%
0.49
-4.31%
0.51
Provisionand Write Offof Assets
-0.73
-201.03%
0.73
+628.98%
0.10
+120.18%
-0.49
Asset Impairment Charge
2.01
0.00
—
—
Deferred Tax
-0.08
+24.09%
-0.11
+69.72%
-0.35
—
Deferred Income Tax
-0.08
+24.09%
-0.11
+69.72%
-0.35
—
Operating Gains Losses
—
—
0.96
+137.31%
-2.58
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
8.40
+47.18%
5.71
+77.73%
3.21
+313.51%
0.78
Change In Receivables
-0.66
-211.82%
-0.21
-130.20%
0.71
+144.90%
-1.57
Changes In Account Receivables
-0.66
-211.82%
-0.21
-130.20%
0.71
+144.90%
-1.57
Change In Inventory
4.18
+331.63%
-1.80
-178.07%
-0.65
-254.03%
0.42
Change In Prepaid Assets
0.37
+229.53%
-0.29
-129.69%
0.97
+462.59%
0.17
Change In Payables And Accrued Expense
4.52
-43.67%
8.02
+268.42%
2.18
+260.36%
0.60
Change In Accrued Expense
—
—
2.58
+327.24%
0.60
Change In Other Current Liabilities
-0.00
-0.61%
-0.00
-148.70%
0.01
—
Investing Cash Flow
-0.07
+96.55%
-1.91
+57.30%
-4.47
0.00
Cash Flow From Continuing Investing Activities
-0.07
+96.55%
-1.91
+57.30%
-4.47
0.00
Net PPE Purchase And Sale
0.00
+100.19%
-1.65
+63.02%
-4.47
-34.14%
-3.33
Purchase Of PPE
—
-1.65
+63.02%
-4.47
-32.16%
-3.38
Sale Of PPE
0.00
—
—
0.05
Capital Expenditure
-0.07
+96.51%
-1.97
+55.87%
-4.47
-32.16%
-3.38
Net Investment Purchase And Sale
—
—
-0.64
0.00
Purchase Of Investment
—
—
-0.64
0.00
Net Intangibles Purchase And Sale
-0.07
+78.45%
-0.32
0.00
—
Purchase Of Intangibles
-0.07
+78.45%
-0.32
0.00
—
Net Other Investing Changes
—
0.06
-99.96%
159.45
—
Financing Cash Flow
6.08
-39.45%
10.03
-59.77%
24.94
+1399.60%
1.66
Cash Flow From Continuing Financing Activities
6.08
-39.45%
10.03
-59.77%
24.94
+1399.60%
1.66
Net Issuance Payments Of Debt
-5.79
-157.73%
10.03
-61.95%
26.37
+1658.09%
1.50
Issuance Of Debt
8.41
-20.65%
10.60
-74.76%
42.00
+2700.00%
1.50
Repayment Of Debt
-14.20
-2409.58%
-0.57
+96.38%
-15.63
-2967.75%
-0.51
Long Term Debt Issuance
8.41
-20.65%
10.60
-74.76%
42.00
+65.16%
25.43
Long Term Debt Payments
-14.20
-2409.58%
-0.57
+96.38%
-15.63
-2967.75%
-0.51
Net Long Term Debt Issuance
-5.79
-157.73%
10.03
-61.95%
26.37
+5.82%
24.92
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
Common Stock Payments
—
—
-159.45
0.00
Repurchase Of Capital Stock
—
—
-159.45
0.00
Net Other Financing Charges
11.87
—
-1.43
-977.35%
0.16
Changes In Cash
-0.59
+91.54%
-6.96
-382.00%
2.47
+657.85%
-0.44
Beginning Cash Position
0.65
-91.43%
7.62
+47.97%
5.15
+358.14%
1.12
End Cash Position
0.06
-90.22%
0.65
-91.43%
7.62
+1018.64%
0.68
Free Cash Flow
-6.67
+60.92%
-17.06
+24.08%
-22.47
-967.15%
-2.11
Interest Paid Supplemental Data
1.04
-60.69%
2.64
-9.50%
2.91
-6.19%
3.10
Income Tax Paid Supplemental Data
0.01
-6.43%
0.01
-0.95%
0.02
—
Common Stock Issuance
—
—
—
1.00
Issuance Of Capital Stock
—
—
—
1.00
SEC Filings

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

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