LOCL Stock Overview
Freshlocal Solutions Inc. provides end-to-end grocery e-commerce solutions.
Freshlocal Solutions Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.17|
|52 Week High||CA$4.45|
|52 Week Low||CA$0.17|
|1 Month Change||-58.23%|
|3 Month Change||-71.55%|
|1 Year Change||-96.02%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-97.30%|
Recent News & Updates
|LOCL||CA Consumer Retailing||CA Market|
Return vs Industry: LOCL underperformed the Canadian Consumer Retailing industry which returned 32.7% over the past year.
Return vs Market: LOCL underperformed the Canadian Market which returned 5.9% over the past year.
|LOCL Average Weekly Movement||23.3%|
|Consumer Retailing Industry Average Movement||4.4%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||16.7%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: LOCL is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: LOCL's weekly volatility has increased from 16% to 23% over the past year.
About the Company
Freshlocal Solutions Inc. provides end-to-end grocery e-commerce solutions. The company operates Food-X Technologies, an end-to-end SaaS-based eGrocery Management Solution, which is designed to meet the needs of large and small grocery retailers. It also engages in the eGrocery business that delivers fresh, local, and organic produce and groceries.
Freshlocal Solutions Fundamentals Summary
|LOCL fundamental statistics|
Is LOCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LOCL income statement (TTM)|
|Cost of Revenue||CA$82.27m|
Last Reported Earnings
Jan 01, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.72|
|Net Profit Margin||-24.23%|
How did LOCL perform over the long term?See historical performance and comparison
Is Freshlocal Solutions undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
In this section, we usually try to help investors determine whether Freshlocal Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Freshlocal Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Freshlocal Solutions forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOCL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: LOCL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LOCL's is expected to become profitable in the next 3 years.
Revenue vs Market: LOCL's revenue (12.8% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: LOCL's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LOCL's Return on Equity is forecast to be high in 3 years time
How has Freshlocal Solutions performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOCL is currently unprofitable.
Growing Profit Margin: LOCL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LOCL is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.
Accelerating Growth: Unable to compare LOCL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LOCL is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (10.7%).
Return on Equity
High ROE: LOCL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Freshlocal Solutions's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LOCL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LOCL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LOCL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LOCL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LOCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LOCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.6% each year
What is Freshlocal Solutions's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LOCL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LOCL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LOCL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LOCL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LOCL has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Cairns (50 yo)
Mr. Simon Cairns serves as Chief Executive Officer of Freshlocal Solutions Inc. since December 14, 2021 and its Director since March 30, 2022. He serves as President at Food-X Technologies Inc. since Sep...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD89.77K) is below average for companies of similar size in the Canadian market ($USD169.50K).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
Experienced Management: LOCL's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: LOCL's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Freshlocal Solutions Inc.'s employee growth, exchange listings and data sources
- Name: Freshlocal Solutions Inc.
- Ticker: LOCL
- Exchange: TSX
- Founded: 1997
- Industry: Food Retail
- Sector: Consumer Retailing
- Implied Market Cap: CA$7.253m
- Shares outstanding: 43.96m
- Website: https://ir.freshlocalsolutions.com
Number of Employees
- Freshlocal Solutions Inc.
- 5566 Trapp Avenue
- Unit 105
- British Columbia
- V3N 5G4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/16 00:00|
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.