Happy Belly Food Group Inc. (CSE:HBFG)

Revenue Breakdown

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Quick Service Restaurants Revenue	23.40M	20.83M	7.41M
Quick Service Restaurants Revenue Growth	12.31%	181.16%	99.01%
Consumer Product Goods Revenue	1.01M	502.32K	407.36K
Consumer Product Goods Revenue Growth	101.57%	23.31%	-68.69%
Corporate Revenue	888.88K	748.35K	187.33K
Corporate Revenue Growth	18.78%	299.49%	306.15%

Revenue Breakdown 2

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Product Sales Revenue	19.67M	18.05M	6.86M
Product Sales Revenue Growth	8.96%	163.01%	35.36%
Franchise Revenue	3.40M	2.82M	947.82K
Franchise Revenue Growth	20.65%	197.76%	390.87%
Consulting and Services Revenue	1.38M	1.21M	193.05K
Consulting and Services Revenue Growth	13.92%	526.78%	30.80%

Net Income

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Quick Service Restaurants Net Income	52.90K	49.95K	-452.19K
Quick Service Restaurants Net Income Growth	5.91%	-	-
Consumer Product Goods Net Income	200.53K	123.67K	114.46K
Consumer Product Goods Net Income Growth	62.15%	8.05%	-
Corporate Net Income	-1.86M	-7.42M	-1.93M

EBITDA

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Quick Service Restaurants EBITDA	212.12K
Quick Service Restaurants EBITDA Growth	-51.80%
Consumer Product Goods EBITDA	154.38K
Consumer Product Goods EBITDA Growth	35801.63%
Corporate EBITDA	-958.59K

Key Performance Indicators

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Quick Service Restaurants (QSR) System Sales	19.25M	16.88M	8.89M
Quick Service Restaurants (QSR) System Sales Growth	14.05%	89.92%	365.83%
Total Number of Quick Service Restaurants (QSR) Locations	87.00	77.00	43.00
Total Number of Quick Service Restaurants (QSR) Locations Growth	12.99%	79.07%	230.77%

Data Source: Fiscal.ai Last updated: Mar 31, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 17, 2026

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