$1.03
Closed
-(-)

At close

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About

Borealis Foods, Inc. is an integrated food manufacturing company, which engages in the production of ready-to-eat meals and dry soup products. The company is headquartered in Oakville, Ontario and currently employs 147 full-time employees. The company went IPO on 2021-10-06. The firm has developed a range of high-quality, affordable, sustainable, and nutritious ready-to-eat meals sold in the United States, Canada, Central America, South America and Europe. Through its ramen noodle brands, including the high protein Chef Woo, Chef Ramsay, Ramen Express, and Woodles, the Company is focused on bringing the fusion flavors from diverse culinary traditions, creating delicious and nutritious meal options for consumers. Chef Woo instant ramen includes 20 grams of plant-based and Vegan complete protein that is certified by Kosher and Halal. TBHQ and added MSG free, and available in flavors, such as Roasted Chicken, Braised Beef, Spicy Tequila Lime, Lime & Chili Shrimp, Hot & Spicy Shrimp, Hotter & Spicier. Woodles is a whole grain-rich ramen noodles designed to provide a healthier alternative to traditional ramen, particularly for school meal programs.
Country

CA

CEO

Mr. Kanat Mynzhanov

IPO date

2021

Employees

147

ISIN

CA09973D1050

Key stats

Open

$1.02

Volume

21.44K

Market cap

$20.57M

Prev. close

$0.95

Impl / hst vl

-

Open interest

$0.00

$0.97

Day’s Range

$1.03

$0.60

52W Range

$2.13

Valuation

11
Valuation score
Strongly Overvalued
P/E
-
P/S
0.67
P/B
-
Current ratio
0.10
Debt / Equity
-
ROE
-
Gross margin
11.39%
Income growth
-
FCF growth
-

Analysts estimates

Earnings

Q3 ‘23 revenue
$0.00
Q3 ‘23 net income
-$921.10K
Revenue
Net income
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