Goodfood Market Corp.

TSX:FOOD Stock Report

Market Cap: CA$32.3m

Goodfood Market Management

Management criteria checks 3/4

Goodfood Market's CEO is Jonathan Ferrari, appointed in Nov 2014, has a tenure of 10.08 years. total yearly compensation is CA$857.51K, comprised of 52.5% salary and 47.5% bonuses, including company stock and options. directly owns 11.6% of the company’s shares, worth CA$3.75M. The average tenure of the management team and the board of directors is 3.9 years and 7.5 years respectively.

Key information

Jonathan Ferrari

Chief executive officer

CA$857.5k

Total compensation

CEO salary percentage52.5%
CEO tenure10.1yrs
CEO ownership11.6%
Management average tenure3.9yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Goodfood Market Corp. (TSE:FOOD)

Oct 26
Risks To Shareholder Returns Are Elevated At These Prices For Goodfood Market Corp. (TSE:FOOD)

Some Shareholders Feeling Restless Over Goodfood Market Corp.'s (TSE:FOOD) P/S Ratio

Jul 17
Some Shareholders Feeling Restless Over Goodfood Market Corp.'s (TSE:FOOD) P/S Ratio

Goodfood Market Corp. Just Reported A Surprise Profit And Analysts Updated Their Estimates

Apr 19
Goodfood Market Corp. Just Reported A Surprise Profit And Analysts Updated Their Estimates

Goodfood Market Corp. (TSE:FOOD) Investors Are Less Pessimistic Than Expected

Apr 11
Goodfood Market Corp. (TSE:FOOD) Investors Are Less Pessimistic Than Expected

Unpleasant Surprises Could Be In Store For Goodfood Market Corp.'s (TSE:FOOD) Shares

Jul 19
Unpleasant Surprises Could Be In Store For Goodfood Market Corp.'s (TSE:FOOD) Shares

Goodfood Market (TSE:FOOD) Has Debt But No Earnings; Should You Worry?

Feb 24
Goodfood Market (TSE:FOOD) Has Debt But No Earnings; Should You Worry?

Analysts Have Just Cut Their Goodfood Market Corp. (TSE:FOOD) Revenue Estimates By 12%

Nov 25
Analysts Have Just Cut Their Goodfood Market Corp. (TSE:FOOD) Revenue Estimates By 12%

Goodfood Market (TSE:FOOD) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway

Nov 18
Goodfood Market (TSE:FOOD) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway

Is Goodfood Market (TSE:FOOD) Using Too Much Debt?

Aug 10
Is Goodfood Market (TSE:FOOD) Using Too Much Debt?

Does Goodfood Market (TSE:FOOD) Have A Healthy Balance Sheet?

May 03
Does Goodfood Market (TSE:FOOD) Have A Healthy Balance Sheet?

Goodfood Market (TSE:FOOD) Is Experiencing Growth In Returns On Capital

Apr 12
Goodfood Market (TSE:FOOD) Is Experiencing Growth In Returns On Capital

What Percentage Of Goodfood Market Corp. (TSE:FOOD) Shares Do Insiders Own?

Mar 18
What Percentage Of Goodfood Market Corp. (TSE:FOOD) Shares Do Insiders Own?

CEO Compensation Analysis

How has Jonathan Ferrari's remuneration changed compared to Goodfood Market's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 07 2024n/an/a

-CA$3m

Jun 01 2024n/an/a

-CA$4m

Mar 02 2024n/an/a

-CA$5m

Dec 02 2023n/an/a

-CA$7m

Sep 02 2023CA$858kCA$450k

-CA$16m

Jun 03 2023n/an/a

-CA$71m

Mar 04 2023n/an/a

-CA$91m

Dec 03 2022n/an/a

-CA$112m

Sep 03 2022CA$1mCA$450k

-CA$122m

Jun 04 2022n/an/a

-CA$85m

Mar 05 2022n/an/a

-CA$67m

Dec 04 2021n/an/a

-CA$50m

Aug 31 2021CA$2mCA$450k

-CA$32m

May 31 2021n/an/a

-CA$9m

Feb 28 2021n/an/a

-CA$4m

Nov 30 2020n/an/a

-CA$3m

Aug 31 2020CA$770kCA$385k

-CA$5m

May 31 2020n/an/a

-CA$12m

Feb 29 2020n/an/a

-CA$18m

Nov 30 2019n/an/a

-CA$21m

Aug 31 2019CA$1mCA$350k

-CA$21m

May 31 2019n/an/a

-CA$18m

Feb 28 2019n/an/a

-CA$16m

Nov 30 2018n/an/a

-CA$12m

Aug 31 2018CA$279kCA$200k

-CA$9m

Compensation vs Market: Jonathan's total compensation ($USD596.72K) is above average for companies of similar size in the Canadian market ($USD164.16K).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.

CEO

Jonathan Ferrari (35 yo)

10.1yrs

Tenure

CA$857,514

Compensation

Mr. Jonathan Ferrari is the Co-Founder of Goodfood Market Corp. and has been its Chief Executive Officer since November 2014 and serves as its Chairman and Director since 2017. Mr. Ferrari Co-Founded MTL C...

Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Ferrari
Co-Founder10.1yrsCA$857.51k11.6%
CA$ 3.7m
Neil Cuggy
Co-Founder10.1yrsCA$857.51k11.6%
CA$ 3.8m
Roslane Aouameur
Chief Financial Officer1.8yrsCA$923.69k0.092%
CA$ 29.9k
Bipasha Chiu
Chief Technology Officer3.3yrsCA$489.58k0.073%
CA$ 23.7k
Simon Brown
Executive Vice-President of Product & Merchandising3.9yrsno data0.053%
CA$ 17.0k
Raffi Krikorian
Executive Vice-President of Ready-to-Cook & Supply Chainno datano data1.77%
CA$ 571.2k

3.9yrs

Average Tenure

Experienced Management: FOOD's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jonathan Ferrari
Co-Founder7.9yrsCA$857.51k11.6%
CA$ 3.7m
Neil Cuggy
Co-Founder7.9yrsCA$857.51k11.6%
CA$ 3.8m
Donald Olds
Independent Lead Director7.5yrsCA$124.73k0.12%
CA$ 38.0k
John Khabbaz
Independent Director2.7yrsno datano data
Theresa Yanofsky
Independent Director5.6yrsCA$100.74k0.028%
CA$ 9.0k

7.5yrs

Average Tenure

49.5yo

Average Age

Experienced Board: FOOD's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/07
Annual Earnings2024/09/07

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Goodfood Market Corp. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke HannanCanaccord Genuity
Frederic TremblayDesjardins Securities Inc.
Ralph ProfitiEight Capital