Borealis Foods Inc. (BRLS)

NASDAQ: BRLS · IEX Real-Time Price · USD
9.11
+0.24 (2.71%)
At close: Jul 2, 2024, 3:15 PM
9.10
-0.01 (-0.11%)
After-hours: Jul 2, 2024, 4:00 PM EDT
2.71%
Market Cap 194.76M
Revenue (ttm) 22.94M
Net Income (ttm) -22.13M
Shares Out 21.38M
EPS (ttm) -1.03
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,833
Open 9.10
Previous Close 8.87
Day's Range 9.09 - 9.15
52-Week Range 3.71 - 12.50
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Aug 12, 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 18.53% compared to the previous year's $25.30 million. Losses were -$27.48 million, 4.56% more than in 2022.

Financial Statements

News

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 ...

5 weeks 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...

2 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
3 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...

4 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....

5 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...

5 months ago - PRNewsWire