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$0.78|
|52 Week High||CA$7.50|
|52 Week Low||CA$0.66|
|1 Month Change||-1.27%|
|3 Month Change||-40.46%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-87.21%|
Recent News & Updates
|LOCL||CA Consumer Retailing||CA Market|
Return vs Industry: Insufficient data to determine how LOCL performed against the Canadian Consumer Retailing industry.
Return vs Market: Insufficient data to determine how LOCL performed against the Canadian Market.
|LOCL Average Weekly Movement||17.7%|
|Consumer Retailing Industry Average Movement||5.0%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||3.7%|
Stable Share Price: LOCL is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: LOCL's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
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$83.30m|
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.89|
|Net Profit Margin||-29.49%|
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?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LOCL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LOCL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LOCL is unprofitable, so we can't compare its PE Ratio to the Canadian Consumer Retailing industry average.
PE vs Market: LOCL is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LOCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LOCL is overvalued based on its PB Ratio (61.3x) compared to the CA Consumer Retailing industry average (2.1x).
How is Freshlocal Solutions forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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 (11.3% per year) is forecast to grow faster than the Canadian market (5.7% per year).
High Growth Revenue: LOCL's revenue (11.3% 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?
Last years 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: Insufficient data to determine if LOCL's year-on-year earnings growth rate was positive over the past 5 years.
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 (6.4%).
Return on Equity
High ROE: LOCL has a negative Return on Equity (-6992.14%), as it is currently unprofitable.
How is Freshlocal Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: LOCL's short term assets (CA$12.2M) do not cover its short term liabilities (CA$34.6M).
Long Term Liabilities: LOCL's short term assets (CA$12.2M) do not cover its long term liabilities (CA$22.1M).
Debt to Equity History and Analysis
Debt Level: LOCL's net debt to equity ratio (1286.6%) is considered high.
Reducing Debt: Insufficient data to determine if LOCL's debt to equity ratio has reduced over the past 5 years.
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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LOCL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
What is Freshlocal Solutions's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LOCL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Simon Cairns (50 yo)
Mr. Simon Cairns serves as Chief Executive Officer of Freshlocal Solutions Inc. since December 14, 2021. He serves as President at Food-X Technologies Inc. since September 2021. He had been Vice President...
Experienced Board: LOCL's board of directors are not considered experienced ( 0.8 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: LOCL only recently listed within the past 12 months.
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$34.286m
- 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||2022/01/27 00:07|
|End of Day Share Price||2022/01/26 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.