Borealis Foods Past Earnings Performance
Past criteria checks 0/6
Borealis Foods's earnings have been declining at an average annual rate of -4.6%, while the Food industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 17.2% per year.
Key information
-4.6%
Earnings growth rate
-3.8%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 17.2% |
| Return on equity | n/a |
| Net Margin | -91.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Borealis Foods makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 30 | -27 | 13 | 0 |
| 30 Sep 23 | 30 | -28 | 16 | 0 |
| 30 Jun 23 | 29 | -28 | 16 | 0 |
| 31 Mar 23 | 29 | -27 | 15 | 0 |
| 31 Dec 22 | 26 | -26 | 15 | 0 |
| 31 Dec 21 | 14 | -10 | 10 | 0 |
Quality Earnings: BRLS is currently unprofitable.
Growing Profit Margin: BRLS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BRLS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare BRLS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRLS is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (8%).
Return on Equity
High ROE: BRLS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.