Announcement • Mar 18
Big Rock Brewery Inc., Annual General Meeting, May 20, 2026 Big Rock Brewery Inc., Annual General Meeting, May 20, 2026. Announcement • Jan 30
Big Rock Brewery Inc. Appoints William Woods as Chief Financial Officer, Effective February 28, 2026 Big Rock Brewery Inc. has announced the appointment of Mr. William Woods to the position of Chief Financial Officer, effective February 28, 2026. Mr. Woods has been in the role since August 28, 2025 on an interim contract. Mr. Woods joins the company with over 25 years of Senior and C-suite financial leadership experience, and a proven track record of cost management and margin improvement, accountability, mentorship, and team building, resulting in significant profit growth. Prior to joining Big Rock, Mr. Woods most recently served as CFO at Dyand Mechanical Systems Inc., and prior to that has held multiple senior financial roles across the manufacturing, hospitality, natural resource/mining, biotech, transportation, telecommunications and real estate sectors. Announcement • Jan 08
Big Rock Brewery Inc. Announces Changes to Its Board of Directors Big Rock Brewery Inc. announces changes to its Board of Directors. To support the strategy to grow the distribution and logistics business, the company, after an independent third-party search process, has appointed Mr. Pat Carey to the Board of Directors, effective January 5, 2026.Mr. Carey is a Canadian business leader and the former President and Chief Executive Officer of Wallace & Carey, one of Canada's largest independent distribution and logistics companies. He is also the co-founder of Sitewise Solutions, a software platform focused on optimizing warehousing and logistics operations for emerging brands and growth-stage businesses, primarily in Western Canada. Mr. Carey holds a Bachelor of Commerce degree (Finance) from Acadia University and brings extensive executive leadership and board experience to the Company. The Company also announces that Mr. Don Noone, VN Capitals Board representative, has resigned effective December 31, 2025.
Mr. James Vanesak, also from VN Capital, has been appointed to the Board. Mr. Vanesak is the sole Principal of VN Capital Management, LLC, a value-investing firm he co-founded in 2002. Mr. Vanasek was formerly Chairman of the Board at Ceres Global Ag. Corp,. Prior to forming VN Capital, Mr. Vanasek spent the previous three and a half years working at JPMorgan Chase & Co. He is a member of the New York State Bar Association. Mr. Vanasek earned a B.A. degree from Yale University, a J.D. degree from Columbia University Law School, and an M.B.A. degree from Columbia University Business School. Announcement • Aug 29
Big Rock Brewery Inc. Announces CFO Changes Big Rock BreweryInc. announced the appointment of Mr. William Woods CPA/CMA to the position of Interim Chief Financial Officer, effective August 28, 2025. Mr. Woods replaces Mr. James Chong, who served as the Corporation's Chief Financial Officer for the past 13 months. William joins us with over 25 years of Senior and C-suite financial leadership experience, and a proven track record of cost management and margin improvement, accountability, mentorship, and team building, resulting in significant profit growth. Prior to joining Big Rock, Mr. Woods most recently served as CFO at Dyand Mechanical Systems Inc., and prior to that has held multiple senior financial roles across the manufacturing, hospitality, natural resource/mining, biotech, transportation, telecommunications and real estate sectors. William will join the Corporation's executive leadership team, reporting directly to David Kinder, President and Chief Executive Officer. He will play a key role as Big Rock continues to execute its strategic plan. Reported Earnings • May 15
First quarter 2025 earnings released First quarter 2025 results: Revenue: CA$11.2m (up 31% from 1Q 2024). Net loss: CA$49.0k (loss narrowed 98% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. New Risk • Apr 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 250% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (250% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$24.6m market cap, or US$17.5m). New Risk • Mar 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$7.83m (US$5.47m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (CA$7.83m market cap, or US$5.47m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Reported Earnings • Mar 23
Full year 2024 earnings released: CA$1.92 loss per share (vs CA$0.42 loss in FY 2023) Full year 2024 results: CA$1.92 loss per share (further deteriorated from CA$0.42 loss in FY 2023). Revenue: CA$43.4m (flat on FY 2023). Net loss: CA$13.5m (loss widened 359% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Announcement • Mar 17
Big Rock Brewery Inc., Annual General Meeting, May 17, 2025 Big Rock Brewery Inc., Annual General Meeting, May 17, 2025. New Risk • Jan 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 250% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (250% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$30.5m market cap, or US$21.2m). Announcement • Jan 22
Big Rock Brewery Inc. announced that it has received CAD 8.4 million in funding On January 21, 2025, Big Rock Brewery Inc. closed the transaction. Announcement • Jan 08
Big Rock Brewery Inc. announced that it expects to receive CAD 8 million in funding Big Rock Brewery Inc. announced a private placement that it will issue up to minimum of 6,300,000 common shares and maximum of 8,000,000 common shares at an issue price of CAD 1 per share for the minimum gross proceeds of up to CAD 6,300,000 and maximum gross proceeds of up to CAD 8,000,000 on January 7, 2025. Board Change • Dec 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Don Noone was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.8m free cash flow). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (CA$7.70m market cap, or US$5.49m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Nov 21
Big Rock Brewery Inc. announced that it has received CAD 4.8 million in funding from VN Capital Management, LLC On November 20, 2024, Big Rock Brewery Inc. closed the transaction. The company amended the terms of the transaction. The company has raised total amount to CAD 4,800,000 in the transaction. The company received CAD 500,000 in its second and final tranche. The transaction included participation from new lender, VN Capital Fund I, LP a fund managed by VN Capital Management, LLC. The maturity period of the senior linen credit facility is extended to March 31, 2025. Reported Earnings • Nov 10
Third quarter 2024 earnings released: CA$0.13 loss per share (vs CA$0.033 loss in 3Q 2023) Third quarter 2024 results: CA$0.13 loss per share (further deteriorated from CA$0.033 loss in 3Q 2023). Revenue: CA$12.8m (up 11% from 3Q 2023). Net loss: CA$938.0k (loss widened 313% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Announcement • Aug 17
Big Rock Brewery Inc. Announces Chief Financial Officer Changes Big Rock Brewery Inc. announced the appointment of Mr. James Chong to the position of Chief Financial Officer, effective August 16th, 2024. Mr. Chong will replace Mr. Michael Holditch, who served as the Corporation's Interim Chief Financial Officer for the past 13 months. James joins the company with over 20 years of financial leadership experience, and a proven track record of driving cost and performance improvements, resulting in significant revenue growth. Prior to joining Big Rock, Mr. Chong served as Chief Financial Officer at Korite International Limited Partnership and prior to that as CFO with Cematrix Corp, and has held senior roles for a number of companies within the Oil & Gas sector. James started his career with Ernst & Young. James hold s a Bachelor of Commerce degree from the University of Calgary and is a CPA and a CFA charter holder. The Big Rock board of directors and management team would like to thank Michael Holditch for serving as Interim Chief Financial Officer and helping lead the Corporation through a critical phase. Mr. Holditch will be transitioning into a senior advisory role within the Corporation. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CA$0.03 (vs CA$0.049 loss in 2Q 2023) Second quarter 2024 results: EPS: CA$0.03 (up from CA$0.049 loss in 2Q 2023). Revenue: CA$12.3m (down 2.8% from 2Q 2023). Net income: CA$220.0k (up CA$560.0k from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. New Risk • Jun 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.4m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$8.38m market cap, or US$6.09m). Reported Earnings • May 16
First quarter 2024 earnings released: CA$0.44 loss per share (vs CA$0.037 loss in 1Q 2023) First quarter 2024 results: CA$0.44 loss per share (further deteriorated from CA$0.037 loss in 1Q 2023). Revenue: CA$8.58m (down 18% from 1Q 2023). Net loss: CA$3.07m (loss widened CA$2.82m from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 43% per year. Announcement • May 16
Big Rock Brewery Inc. Announces Board Changes Big Rock Brewery Inc. announced the appointment of Linda A. Thomas and George Croft, as Directors of the Corporation and Alanna McDonald's resignation from the Board of Directors of Big Rock (the "Board"). Linda Thomas – During her 30-year career, Linda has acquired experience in telecommunications, hardware and software technology, consumer packaged goods, and the regulated beverage alcohol industry (Molson Coors Beverage Company), in companies with annual revenues ranging from $500 million to $80 billion. Her work in finance, strategy, product management, marketing, sales and logistics has given her valuable insights across the spectrum of core business functions. Linda has led teams ranging from 5 to 150 personnel in territories that range in breadth from Western Canada to worldwide organizations. A resident of Calgary since 1993, Linda has helped organizations achieve success in mature businesses, as well as those experiencing extreme growth and also in decline. George Croft – With a career that spans more than twenty years in senior management roles in the brewing industry in Canada, George has a deep understanding of the challenges and opportunities within this sector. His tenure as President and CEO of Waterloo Brewing Company was particularly transformative, steering the company from a loss-making position to sustainable profitability, culminating in its acquisition by Carlsberg Group in March 2023. George's experience extends to general management, board governance, leadership and performance management, as well as competitive strategy and execution. He is also well-versed in marketing and sales, and mergers and acquisitions, having held executive leadership roles at Labatt Breweries of Canada and Lakeport Brewing Income Fund. As a Chartered Director and a qualified Management Accountant, George is committed to leveraging his industry knowledge and extensive network to assist clients and boards in achieving their business objectives. Having served on numerous industry boards and recognized as an Ontario Ernst & Young Entrepreneur of the Year finalist, he is equipped to provide strategic insights that drive performance. Announcement • Apr 21
Big Rock Brewery Inc., Annual General Meeting, Jun 12, 2024 Big Rock Brewery Inc., Annual General Meeting, Jun 12, 2024. Reported Earnings • Apr 01
Full year 2023 earnings released: CA$0.42 loss per share (vs CA$1.02 loss in FY 2022) Full year 2023 results: CA$0.42 loss per share (improved from CA$1.02 loss in FY 2022). Revenue: CA$43.7m (down 7.3% from FY 2022). Net loss: CA$2.93m (loss narrowed 59% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Big Rock Brewery Inc., Annual General Meeting, May 28, 2024 Big Rock Brewery Inc., Annual General Meeting, May 28, 2024, at 14:00 Mountain Standard Time. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.0m free cash flow). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (CA$9.98m market cap, or US$7.41m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Nov 17
Third quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.15 loss in 3Q 2022) Third quarter 2023 results: CA$0.03 loss per share (improved from CA$0.15 loss in 3Q 2022). Revenue: CA$11.6m (down 3.2% from 3Q 2022). Net loss: CA$227.0k (loss narrowed 79% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2023 earnings released: CA$0.05 loss per share (vs CA$0.085 loss in 2Q 2022) Second quarter 2023 results: CA$0.05 loss per share (improved from CA$0.085 loss in 2Q 2022). Revenue: CA$12.7m (down 20% from 2Q 2022). Net loss: CA$340.0k (loss narrowed 42% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Announcement • Jul 08
Big Rock Brewery Inc. Announces Executive Changes Big Rock Brewery Inc. announced that Mr. Ron Love has resigned from his position as chief financial officer (CFO) of the company, effective July 5, 2023 and will be pursuing other interests. The Corporation has appointed, effective July 6, 2023, Michael Holditch as interim chief financial officer. Mr. Holditch joined Big Rock as a consultant in April of 2023 and was the Chief Financial Officer at Lynx Air for the last seven years. Prior to working with Lynx, Michael served as Chief Financial Officer and Senior Vice President of Hockey Administration/Assistant General Manager of the Calgary Flames over a twenty-year period. Michael has been a Chartered Professional Accountant since 1992. Announcement • May 17
Big Rock Brewery Inc., Annual General Meeting, May 25, 2023 Big Rock Brewery Inc., Annual General Meeting, May 25, 2023, at 14:00 US Mountain Standard Time. Reported Earnings • May 17
First quarter 2023 earnings released: CA$0.04 loss per share (vs CA$0.18 loss in 1Q 2022) First quarter 2023 results: CA$0.04 loss per share (improved from CA$0.18 loss in 1Q 2022). Revenue: CA$10.5m (up 19% from 1Q 2022). Net loss: CA$255.0k (loss narrowed 80% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 30
Full year 2022 earnings released: CA$1.02 loss per share (vs CA$0.47 loss in FY 2021) Full year 2022 results: CA$1.02 loss per share (further deteriorated from CA$0.47 loss in FY 2021). Revenue: CA$47.1m (up 2.4% from FY 2021). Net loss: CA$7.10m (loss widened 118% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Announcement • Dec 10
Big Rock Brewery Announces Resignation of Jim Riddell as Director Big Rock Brewery Inc. announced that Mr. Jim Riddell has resigned as a member of the Board of Directors. Mr. Riddell also served as a member of the Compensation and Human Resources Committee of the Board. The Board of Directors would like to thank Mr. Riddell for his contribution over his tenure of 16 years and wish him well in his future endeavours. Big Rock and the Board of Directors are currently evaluating alternatives with respect to appointing a new independent director to fill the vacancy. Announcement • Dec 06
Big Rock Brewery Inc. announced that it has received CAD 4.3 million in funding from VN Capital Management, LLC Big Rock Brewery Inc. announced a private placement of second linen financing for the gross proceed of CAD 4.3 million on December 5, 2022. The transaction included participation from VN Capital Fund I, LP a fund managed by VN Capital Management, LLC. The maturity period of the senior linen credit facility is December 2, 2023. The transaction has been approved by the board of directors of the company. Reported Earnings • Nov 17
Third quarter 2022 earnings released: CA$0.15 loss per share (vs CA$0.034 profit in 3Q 2021) Third quarter 2022 results: CA$0.15 loss per share (down from CA$0.034 profit in 3Q 2021). Revenue: CA$11.9m (down 8.0% from 3Q 2021). Net loss: CA$1.05m (down CA$1.29m from profit in 3Q 2021). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Beverage industry in Canada. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Director Emeritus Robert Peters was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Director Emeritus Robert Peters was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Director Emeritus Robert Peters was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 17
Second quarter 2022 earnings released: CA$0.085 loss per share (vs CA$0.11 profit in 2Q 2021) Second quarter 2022 results: CA$0.085 loss per share (down from CA$0.11 profit in 2Q 2021). Revenue: CA$15.8m (up 16% from 2Q 2021). Net loss: CA$588.0k (down 175% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 7.2% growth forecast for the Beverage industry in Canada. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • May 13
First quarter 2022 earnings released: CA$0.18 loss per share (vs CA$0.065 loss in 1Q 2021) First quarter 2022 results: CA$0.18 loss per share (down from CA$0.065 loss in 1Q 2021). Revenue: CA$8.79m (down 17% from 1Q 2021). Net loss: CA$1.27m (loss widened 179% from 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 8.3% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 15% per year. Price Target Changed • Apr 29
Price target decreased to CA$8.00 Down from CA$10.00, the current price target is provided by 1 analyst. New target price is 105% above last closing price of CA$3.90. Stock is down 35% over the past year. The company posted a net loss per share of CA$0.47 last year. Reported Earnings • Mar 15
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: CA$0.47 loss per share (down from CA$0.095 loss in FY 2020). Revenue: CA$46.0m (up 4.5% from FY 2020). Net loss: CA$3.26m (loss widened 389% from FY 2020). Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 8.7%, compared to a 7.2% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year. Recent Insider Transactions • Jan 28
Vice President of Operations recently bought CA$72k worth of stock On the 21st of January, Sam Galick bought around 13k shares on-market at roughly CA$5.79 per share. This was the largest purchase by an insider in the last 3 months. This was Sam's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Nov 27
CEO & President exercised options to buy CA$60k worth of stock. On the 22nd of November, Wayne Arsenault exercised options to buy 10k shares at a strike price of around CA$6.00, costing a total of CA$62k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since March 2021, Wayne's direct individual holding has increased from 36.22k shares to 48.30k. Company insiders have collectively bought CA$514k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS CA$0.034 (vs CA$0.15 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$13.0m (up 1.2% from 3Q 2020). Net income: CA$237.0k (down 77% from 3Q 2020). Profit margin: 1.8% (down from 8.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS CA$0.11 (vs CA$0.082 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$13.7m (up 15% from 2Q 2020). Net income: CA$786.0k (up 38% from 2Q 2020). Profit margin: 5.7% (up from 4.8% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jun 22
The Tragically Hip Launch Exclusive Lake Fever Lager in Partnership with Big Rock Brewery Kick off the first day of summer with a new soundtrack from Canadian rockers The Tragically Hip and their first and only beer, Lake Fever Lager, brewed in partnership with Big Rock Brewery. The premium Lager – is "clean, uncomplicated, with a golden colour and a very approachable hop profile". Now available for pre-orders at bigrockbeer.com and at select retailers across Canada as a 12-pack starting this week. Executive Departure • Jun 02
Vice President of Operations & Brewmaster Paul Gautreau has left the company On the 1st of June, Paul Gautreau's tenure in the role of Vice President of Operations & Brewmaster ended. As of March 2021, Paul personally held only 1.52k shares (CA$5.5k worth at the time). Paul is the only executive to leave the company over the last 12 months. Reported Earnings • May 05
First quarter 2021 earnings released: CA$0.07 loss per share (vs CA$0.13 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$10.6m (up 19% from 1Q 2020). Net loss: CA$455.0k (loss narrowed 49% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Apr 19
Full year 2020 earnings released: CA$0.095 loss per share (vs CA$0.42 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$44.0m (up 3.1% from FY 2019). Net loss: CA$666.0k (loss narrowed 77% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Full year 2020 earnings released: CA$0.10 loss per share (vs CA$0.42 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$44.0m (up 3.1% from FY 2019). Net loss: CA$666.0k (loss narrowed 77% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Mar 12
Big Rock Brewery Inc., Annual General Meeting, May 13, 2021 Big Rock Brewery Inc., Annual General Meeting, May 13, 2021, at 14:00 Mountain Standard Time. Is New 90 Day High Low • Mar 12
New 90-day high: CA$5.69 The company is up 7.0% from its price of CA$5.30 on 11 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Beverage industry, which is up 5.0% over the same period. Is New 90 Day High Low • Feb 09
New 90-day low: CA$4.63 The company is down 9.0% from its price of CA$5.10 on 10 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CA$5.50 The company is up 28% from its price of CA$4.31 on 08 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 13% over the same period. Recent Insider Transactions Derivative • Nov 26
CEO & President exercised options to buy CA$104k worth of stock. On the 19th of November, Wayne Arsenault exercised options to buy 20.00k shares at a strike price of around CA$5.20, costing a total of CA$104k. This transaction amounted to 123% of their direct individual holding at the time of the trade. Since June 2020, Wayne has owned 16.22k shares directly. Company insiders have collectively bought CA$455k more than they sold, via options and on-market transactions, in the last 12 months. Is New 90 Day High Low • Nov 10
New 90-day high: CA$5.05 The company is up 3.0% from its price of CA$4.90 on 12 August 2020. The Canadian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is flat over the same period. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS CA$0.15 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$12.8m (up 15% from 3Q 2019). Net income: CA$1.03m (up CA$1.23m from 3Q 2019). Profit margin: 8.0% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. 