Borealis Foods Inc. (BRLS)

NASDAQ: BRLS · Real-Time Price · USD
5.68
+0.12 (2.16%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.16%
Market Cap 121.43M
Revenue (ttm) 28.30M
Net Income (ttm) -26.22M
Shares Out 21.38M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 13,954
Open 5.35
Previous Close 5.56
Day's Range 5.35 - 5.72
52-Week Range 3.71 - 12.50
Beta 0.59
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About BRLS

Borealis Foods Inc. operates as a food technology company that develops plant-based ready-to-eat meals. The company also developed ambient ready-to-eat high-protein meals for U.S. and global humanitarian food programs. Its products include Chef Woo, a plant based instant ramen meals that provides with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles. The company distributes its products via retail partners across the U.S., Canada, Mexico and Europe and also sells its products online. The company is based i... [Read more]

Industry Packaged Foods
Founded 2019
Country Canada
Stock Exchange NASDAQ
Ticker Symbol BRLS
Full Company Profile

Financial Performance

In 2023, Borealis Foods's revenue was $29.98 million, an increase of 17.17% compared to the previous year's $25.59 million. Losses were -$27.48 million, 4.56% more than in 2022.

Financial Statements

News

Borealis Foods to exclusively produce a leading global Ramen brand for Major Multinational Food Company in its US factory

Borealis Foods' wholly-owned consumer packaged goods company, Palmetto Gourmet Foods, takes on production of exclusive line of ramen noodles for a food conglomerate. NEW YORK , Nov. 13, 2024 /PRNewswi...

7 days ago - PRNewsWire

Borealis Foods Reaches Successful Milestone Selling Over 2 Million Units On Amazon

Food innovator has amassed over 2.166 million units sold of their unique ramen products on the online platform NEW YORK , Nov. 4, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") ...

16 days ago - PRNewsWire

Borealis Foods Expands U.S. Walmart Distribution with the Launch of Ramen Noodles by Chef Ramsay Crafted by Master Chef Gordon Ramsay

Food innovator expands their healthy, affordable and cuisine-forward lines to more than 1,300 Walmart Stores nationwide NEW YORK , Oct. 31, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "...

20 days ago - PRNewsWire

Borealis Foods Announces Successful Introduction of Woodles® into U.S. School Lunch Programs, Promoting Healthy and Sustainable Eating for Students

Company Expects Revenue and Gross Profit Contribution in the Second Half of 2024 and Beyond NEW YORK , Sept. 23, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a...

2 months ago - PRNewsWire

Texas Tech University and Borealis Foods Unveil Transformative Clinical Trial Findings on Consumption of High-Protein Chef Woo Ramen

NEW YORK , Sept. 10, 2024 /PRNewswire/ - A recent study conducted by the Nutrition & Metabolic Health Initiative at Texas Tech University revealed that a meal containing, Borealis Foods' (NASDAQ: BRLS...

2 months ago - PRNewsWire

Borealis Foods to Present at 26th Annual H.C. Wainwright Global Investment Conference

NEW YORK , Sept. 9, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a pioneering food tech innovation company dedicated to creating premium-quality, nutritious fo...

2 months ago - PRNewsWire

Borealis Foods' CEO Reza Soltanzadeh Issues Letter to Shareholders; Highlights Continued Gross Margin Expansion and Expectation for Stronger Second Half of 2024

NEW YORK , Aug. 15, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a pioneering food tech company dedicated to crafting premium-quality, nutritious food solution...

3 months ago - PRNewsWire

Borealis Foods' CEO Reza Soltanzadeh Issues Letter to Shareholders; Outlines Recent Product Mix Improvement and Investments in Growth

TORONTO , May 23, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a pioneering food tech company dedicated to crafting premium-quality, nutritious food solutions ...

6 months ago - PRNewsWire

Borealis Foods' CEO Reza Soltanzadeh Issues Letter to Shareholders Providing Corporate Update

TORONTO , April 16, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a pioneering food tech company dedicated to crafting premium-quality, nutritious food solution...

7 months ago - PRNewsWire

Borealis Foods Joins Forces with Sam's Club and Feeding America in the "Fight Hunger. Spark Change.

Borealis Foods Inc. (Nasdaq: BRLS) leverages its innovative food solution, Chef Woo High Protein Ramen, to make a meaningful impact on food insecurity and malnutrition by participating in Feeding Amer...

Other symbols: WMT
8 months ago - PRNewsWire

Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, to Ring Nasdaq Closing Bell

TORONTO--(BUSINESS WIRE)--Borealis Foods Inc. ("Borealis" or the "Company"), (Nasdaq: BRLS) a food tech company focused on developing high-quality, nutritious food solutions at affordable prices, toda...

10 months ago - Business Wire

Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, Completes Business Combination and Commences Trading on Nasdaq Under the Symbol "BRLS"

Borealis has developed breakthrough nutritious food that integrates complete protein with all essential amino acids and other key ingredients. TORONTO , Feb. 8, 2024 /PRNewswire/ - Borealis Foods Inc....

10 months ago - PRNewsWire

Borealis Foods Inc., a Rapidly Growing, Mission-Driven Food Tech Company, Completes Business Combination and Will Commence Trading on Nasdaq Under the Symbol "BRLS"

Borealis has developed breakthrough nutritious food that integrates complete protein with all essential amino acids and other key ingredients. TORONTO , Feb. 7, 2024 /PRNewswire/ - Borealis Foods, Inc...

10 months ago - PRNewsWire