Simply Better Brands (TSXV:SBBC) - Stock Price, News & Analysis

SBBC Stock Overview

Operates as an omni-channel platform with diversified assets in the plant-based and wellness consumer product categories.

About the company

SBBC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 88.5% below our estimate of its fair value

Risk Analysis

Negative shareholders equity

Earnings have declined by 58.8% per year over past 5 years

Does not have a meaningful market cap (CA$43M)

Shareholders have been diluted in the past year

Simply Better Brands Corp. Competitors

Greenway Greenhouse Cannabis

CNSX:GWAY

CA$42.0m

Decibel Cannabis

TSXV:DB

CA$40.9m

Cannara Biotech

TSXV:LOVE

CA$72.9m

Avicanna

TSX:AVCN

CA$32.7m

Price History & Performance

Summary of all time highs, changes and price drops for Simply Better Brands
Historical stock prices
Current Share Price	CA$0.51
52 Week High	CA$0.53
52 Week Low	CA$0.18
Beta	2.78
1 Month Change	45.71%
3 Month Change	34.21%
1 Year Change	30.77%
3 Year Change	-91.89%
5 Year Change	n/a
Change since IPO	-88.23%

Market Might Still Lack Some Conviction On Simply Better Brands Corp. (CVE:SBBC) Even After 43% Share Price Boost

May 21

Recent updates

Market Might Still Lack Some Conviction On Simply Better Brands Corp. (CVE:SBBC) Even After 43% Share Price Boost

May 21

Is Simply Better Brands (CVE:SBBC) Using Debt Sensibly?

Mar 29

Simply Better Brands Corp. (CVE:SBBC) Screens Well But There Might Be A Catch

Feb 02

Further Upside For Simply Better Brands Corp. (CVE:SBBC) Shares Could Introduce Price Risks After 27% Bounce

Apr 17

Calculating The Intrinsic Value Of PureK Holdings Corp. (CVE:PKAN)

Mar 10

Shareholder Returns

	SBBC	CA Pharmaceuticals	CA Market
7D	8.5%	-5.6%	0.3%
1Y	30.8%	50.3%	12.5%

Return vs Industry: SBBC underperformed the Canadian Pharmaceuticals industry which returned 50.3% over the past year.

Return vs Market: SBBC exceeded the Canadian Market which returned 12.5% over the past year.

Price Volatility

Is SBBC's price volatile compared to industry and market?
SBBC volatility
SBBC Average Weekly Movement	8.9%
Pharmaceuticals Industry Average Movement	14.2%
Market Average Movement	8.9%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	2.9%

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

Volatility Over Time: SBBC's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	J. R. Ward	www.simplybetterbrands.com

Simply Better Brands Corp. operates as an omni-channel platform with diversified assets in the plant-based and wellness consumer product categories. The company focuses on plant-based, natural, and clean ingredient space. It focuses on consumer product categories, including CBD products, plant-based food and beverage, and pet care and skin care industries.

Simply Better Brands Corp. Fundamentals Summary

How do Simply Better Brands's earnings and revenue compare to its market cap?
SBBC fundamental statistics
Market cap	CA$43.14m
Earnings (TTM)	-CA$29.98m
Revenue (TTM)	CA$112.11m

0.4x

P/S Ratio

-1.4x

P/E Ratio

Is SBBC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBBC income statement (TTM)
Revenue	US$81.94m
Cost of Revenue	US$35.61m
Gross Profit	US$46.33m
Other Expenses	US$68.24m
Earnings	-US$21.91m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.26
Gross Margin	56.54%
Net Profit Margin	-26.74%
Debt/Equity Ratio	-145.4%

How did SBBC perform over the long term?

See historical performance and comparison

SBBC Stock Overview

Rewards

Risk Analysis

Simply Better Brands Corp. Competitors

CNSX:GWAY

CA$42.0m

TSXV:DB

CA$40.9m

TSXV:LOVE

CA$72.9m

TSX:AVCN

CA$32.7m

Price History & Performance

Recent News & Updates

Market Might Still Lack Some Conviction On Simply Better Brands Corp. (CVE:SBBC) Even After 43% Share Price Boost

New minor risk - Shareholder dilution

Simply Better Brands Corp. announced that it has received CAD 3.999999 million in funding from VRG Capital Corp.

Full year 2023 earnings released

Simply Better Brands Corp. announced that it expects to receive CAD 2 million in funding

New minor risk - Share price stability

Recent updates

Market Might Still Lack Some Conviction On Simply Better Brands Corp. (CVE:SBBC) Even After 43% Share Price Boost

New minor risk - Shareholder dilution

Simply Better Brands Corp. announced that it has received CAD 3.999999 million in funding from VRG Capital Corp.

Full year 2023 earnings released

Simply Better Brands Corp. announced that it expects to receive CAD 2 million in funding

New minor risk - Share price stability

Is Simply Better Brands (CVE:SBBC) Using Debt Sensibly?

Simply Better Brands Corp., Annual General Meeting, May 15, 2024

New minor risk - Share price stability

Simply Better Brands Corp. (CVE:SBBC) Screens Well But There Might Be A Catch

Simply Better Brands Corp. Announces Chief Executive Officer changes

Third quarter 2023 earnings released: US$0.004 loss per share (vs US$0.038 loss in 3Q 2022)

Simply Better Brands Corp. Provides Consolidated Earnings Guidance for the Year 2023

Simply Better Brands Corp.'s No B.S. Skincare Brand Launches Full Body Natural Deodorant

Second quarter 2023 earnings released: US$0.088 loss per share (vs US$0.089 loss in 2Q 2022)

Simply Better Brands Corp. Provides Earnings Guidance for 2023

Simply Better Brands Corp. to Report Q2, 2023 Results on Aug 29, 2023

Simply Better Brands Corp. to Report Q1, 2023 Results on May 30, 2023

Simply Better Brands Corp. Elects Richard Kellam to the Board of Director

Full year 2022 earnings released: US$0.36 loss per share (vs US$0.57 loss in FY 2021)

Simply Better Brands Corp. announced that it has received CAD 3.990845 million in funding

Simply Better Brands Corp. Provides Consolidated Sales Guidance for the Full Year of 2023

Further Upside For Simply Better Brands Corp. (CVE:SBBC) Shares Could Introduce Price Risks After 27% Bounce

Insider recently sold CA$57k worth of stock

Simply Better Brands Corp. Provides Financial Guidance for the Fourth Quarter and Full Year 2022 and Full Year 2023

Simply Better Brands Corp. announced that it expects to receive CAD 5 million in funding from VRG Capital Corp.

Third quarter 2022 earnings released: US$0.038 loss per share (vs US$0.28 loss in 3Q 2021)

Simply Better Brands Corp. Provides Consolidated Earnings Guidance for the Full Year of 2022

Simply Better Brands Corp. to Report Q3, 2022 Results on Nov 29, 2022

Less than half of directors are independent

Second quarter 2022 earnings released: US$0.089 loss per share (vs US$0.07 loss in 2Q 2021)

Simply Better Brands Corp. Reaffirms Consolidated Earnings Guidance for the Year 2022

Chief Executive Officer recently bought CA$130k worth of stock

Simply Better Brands Corp. announced that it expects to receive CAD 12.35 million in funding

Simply Better Brands Corp. to Report Q2, 2022 Results on Aug 30, 2022

Chief Executive Officer recently bought CA$53k worth of stock

Simply Better Brands Corp., Annual General Meeting, Jul 29, 2022

Simply Better Brands Corp.’s No B.S. Skincare Brand Goes Omnichannel

Simply Better Brands Corp. Provides Consolidated Earnings Guidance for the Fiscal Year 2022

Simply Better Brands Corp. Announces Its PureKana Wellness Brand Expands Portfolio into the Weight Loss Category

Full year 2021 earnings released: US$0.57 loss per share (vs US$0.094 loss in FY 2020)

Less than half of directors are independent

Simply Better Brands Corp. (TSXV:SBBC) executed a binding letter of intent to acquire Jones Soda Co. (OTCPK:JSDA) for $53.7 million.

Simply Better Brands Corp. to Report Q1, 2022 Results on May 30, 2022

Simply Better Brands Corp. (TSXV:SBBC) completed the acquisition of The BRN Group Inc. for $10 million.

Simply Better Brands Corp. Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Years of 2021 and 2022

Simply Better Brands Corp. Announces Portfolio and Distribution Expansion of its No B.S. Skincare Brand

Simply Better Brands Corp. announced that it expects to receive CAD 1.500001 million in funding

Simply Better Brands Corp. (TSXV:SBBC) entered into a nonbinding letter of intent to acquire The BRN Group Inc. for $10 million.

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released

Simply Better Brands Corp. (TSXV:SBBC) entered into a non binding term sheet to acquire 60% stake in Crisp Management Group Inc. for $0.5 million.

PureK Holdings Corp.(TSXV: PKAN) completed the acquisition of Tru Brands, Inc.

Full year 2020 earnings released: US$0.10 loss per share

PureK Holdings Corp. (TSXV:PKAN) completed the acquisition of Nirvana Group, LLC from 2443904 Ontario Inc., Felicity Management Group LLC and Rhodes Management Corp.

Calculating The Intrinsic Value Of PureK Holdings Corp. (CVE:PKAN)

PureK Holdings Corp. (TSXV:PKAN) completed the acquisition of No B.S. Life, LLC from DTC Brands, LLC.

PureK Holdings Corp. and PureKana LLC Announce Leading All-Natural Purekana Brand Now Available At CBD Emporium

PureK Holdings Corp. (TSXV:PKAN) signed a binding letter of intent to acquire Nirvana Group, LLC for approximately $3 million.