Borealis Foods
BRLS · NASDAQ
Key indicators
BRLS profitability and balance sheet ratios
EPS -$0.1639 in Q1 FY26, against -$0.1959 a year earlier.
| Period | EPS |
|---|---|
| Q2 FY24 | -$0.2946 |
| Q3 FY24 | -$0.226 |
| Q4 FY24 | -$0.2696 |
| Q1 FY25 | -$0.1959 |
| Q2 FY25 | -$0.2149 |
| Q3 FY25 | -$0.1762 |
| Q4 FY25 | -$0.2986 |
| Q1 FY26 | -$0.1639 |
Where the money went
Q1 FY26, from revenue to net income
Borealis Foods brought in $7.4M of revenue in Q1 FY26, +7.6% on a year earlier. It made a net loss of $3.5M.
- Revenue
- $7.4M
- Costs, expenses and taxes
- $10.9M
- Net income
- −$3.5M
- Net margin
- -47.7%
Income statement
Revenue and profit by reporting period
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|
| Revenue | $7.1M | $8.9M | $7.4M |
| Gross profit | $1.0M | $1.1M | $0.8M |
| Operating income | −$1.9M | −$4.8M | −$2.1M |
| Net income | −$3.8M | −$6.4M | −$3.5M |
| Diluted EPS | -$0.18 | -$0.30 | -$0.16 |
Balance sheet
What the company owns and owes at period end
| Line item | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|
| Total assets | $20.9M | $21.1M | $21.6M |
| Total liabilities | $4.0M | $4.7M | $6.1M |
| Shareholder equity | $16.9M | $16.4M | $15.5M |
| Cash and short-term investments | $0.1M | $0.0M | $0.1M |
| Total debt | $1.8M | $2.6M | $3.4M |
Cash flow
Cash in and out from operations, investing and financing
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|
| Operating cash flow | −$0.2M | −$2.8M | −$0.1M |
| Investing cash flow | −$0.0M | −$0.0M | $0.0M |
| Financing cash flow | $0.1M | $2.8M | $0.5M |
| Capital expenditure | $0.0M | −$0.1M | $0.0M |
| Free cash flow | −$0.2M | −$2.9M | −$0.1M |
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