Added to YB: 2025-01-23
Pitch date: 2025-01-22
FOOD.TO [neutral]
Goodfood Market Corp.
-93.88%
current return
Author Info
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Company Info
Goodfood Market Corp. operates as an online grocery subscription service in Canada. The company delivers fresh meals and add-ons.
Market Cap
CAD 3.0M
Pitch Price
CAD 0.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.69
P/E
-0.21
EV/Sales
0.49
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.
Read full article (4 min)