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Blender Bites CNSX:BITE Stock Report

Last Price

CA$1.50

Market Cap

CA$12.7m

7D

0%

1Y

-70.0%

Updated

23 Apr, 2024

Data

Company Financials

BITE Stock Overview

Blender Bites Limited engages in the manufacture and distribution of natural and organic frozen smoothie products in Canada and the United States.

BITE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Blender Bites Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Blender Bites
Historical stock prices
Current Share PriceCA$1.50
52 Week HighCA$5.00
52 Week LowCA$1.49
Beta-0.57
1 Month Change-16.67%
3 Month Change-16.67%
1 Year Change-70.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-85.00%

Recent News & Updates

Recent updates

Shareholder Returns

BITECA FoodCA Market
7D0%0.4%-0.6%
1Y-70.0%-20.9%3.9%

Return vs Industry: BITE underperformed the Canadian Food industry which returned -20.9% over the past year.

Return vs Market: BITE underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is BITE's price volatile compared to industry and market?
BITE volatility
BITE Average Weekly Movement8.4%
Food Industry Average Movement3.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: BITE's share price has been volatile over the past 3 months.

Volatility Over Time: BITE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aChelsie Hodgewww.blenderbites.com

Blender Bites Limited engages in the manufacture and distribution of natural and organic frozen smoothie products in Canada and the United States. The company was formerly known as Balsam Technologies Corp. and changed its name to Blender Bites Limited in 2021. Blender Bites Limited is headquartered in Vancouver, Canada.

Blender Bites Limited Fundamentals Summary

How do Blender Bites's earnings and revenue compare to its market cap?
BITE fundamental statistics
Market capCA$12.68m
Earnings (TTM)-CA$8.63m
Revenue (TTM)CA$3.47m

3.7x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BITE income statement (TTM)
RevenueCA$3.47m
Cost of RevenueCA$2.73m
Gross ProfitCA$740.86k
Other ExpensesCA$9.37m
Earnings-CA$8.63m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.02
Gross Margin21.33%
Net Profit Margin-248.55%
Debt/Equity Ratio0.6%

How did BITE perform over the long term?

See historical performance and comparison
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