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LOCL

Freshlocal SolutionsTSX:LOCL Stock Report

Last Price

CA$0.78

Market Cap

CA$34.3m

7D

-7.1%

1Y

n/a

Updated

27 Jan, 2022

Data

Company Financials +
LOCL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

LOCL Stock Overview

Freshlocal Solutions Inc. provides end-to-end grocery e-commerce solutions.

Freshlocal Solutions Competitors

Metro

TSX:MRU

CA$15.6b

Ocado Group

LSE:OCDO

UK£11.2b

Price History & Performance

Summary of all time highs, changes and price drops for Freshlocal Solutions
Historical stock prices
Current Share PriceCA$0.78
52 Week HighCA$7.50
52 Week LowCA$0.66
Beta0
1 Month Change-1.27%
3 Month Change-40.46%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-87.21%

Recent News & Updates

Shareholder Returns

LOCLCA Consumer RetailingCA Market
7D-7.1%-2.9%-2.9%
1Yn/a28.1%16.1%

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.

Price Volatility

Is LOCL's price volatile compared to industry and market?
LOCL volatility
LOCL Average Weekly Movement17.7%
Consumer Retailing Industry Average Movement5.0%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.7%

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

FoundedEmployeesCEOWebsite
1997950Simon Cairnshttps://ir.freshlocalsolutions.com

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

How do Freshlocal Solutions's earnings and revenue compare to its market cap?
LOCL fundamental statistics
Market CapCA$34.29m
Earnings (TTM)-CA$39.16m
Revenue (TTM)CA$132.76m

0.3x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOCL income statement (TTM)
RevenueCA$132.76m
Cost of RevenueCA$83.30m
Gross ProfitCA$49.46m
ExpensesCA$88.62m
Earnings-CA$39.16m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.89
Gross Margin37.26%
Net Profit Margin-29.49%
Debt/Equity Ratio1,803.8%

How did LOCL perform over the long term?

See historical performance and comparison

Valuation

Is Freshlocal Solutions undervalued compared to its fair value and its price relative to the market?

61.27x

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).


Future Growth

How is Freshlocal Solutions forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

80.2%

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


Past Performance

How has Freshlocal Solutions performed over the past 5 years?

-27.6%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average board tenure


CEO

Simon Cairns (50 yo)

0.083

Tenure

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...


Board Members

Experienced Board: LOCL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: LOCL only recently listed within the past 12 months.


Top Shareholders

Company Information

Freshlocal Solutions Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Freshlocal Solutions Inc.
  • 5566 Trapp Avenue
  • Unit 105
  • Burnaby
  • British Columbia
  • V3N 5G4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/27 00:07
End of Day Share Price2022/01/26 00:00
Earnings2021/10/02
Annual Earnings2021/10/02


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.