Borealis Foods (BRLS)

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Borealis Foods Inc. is a food technology company focused on affordable, shelf-stable, ready-to-eat and easy-to-prepare meals designed to address nutrition and food security challenges. The company positions its products around three priorities: improving access to nutritious food, keeping meals affordable for consumers and institutions, and reducing environmental impact through plant-based ingredients and scalable production.

Its flagship work centres on upgraded ramen-style meals that are intended to provide more nutrition than conventional instant noodles. Borealis has developed products containing complete plant-based protein, including formulations marketed with 20 grams of protein per serving. By combining familiar formats with enhanced nutritional content, the company seeks to reach consumers who need low-cost, convenient meals without sacrificing protein quality.

Borealis operates in a large and competitive packaged food market that includes traditional food manufacturers, private-label brands, and emerging plant-based nutrition companies. Its differentiation lies in applying food science to a globally recognised staple category, rather than relying only on premium health-food positioning. This approach can make its products relevant for retail consumers, schools, humanitarian channels, government programmes, and other organisations focused on hunger relief or accessible nutrition.

As a public company, Borealis represents exposure to the intersection of consumer staples, food innovation, and sustainability. Its mission-driven strategy depends on expanding distribution, maintaining attractive pricing, and proving that healthier ready meals can be produced at scale. The company’s long-term opportunity is tied to persistent demand for convenient, inexpensive nutrition in both developed and emerging markets.

1.54 USD
0.62 USD
+0.01 (+0.65%)
After-hours

Last updated

Market Cap
33.05M
P/E
P/FCF
P/S
1.09
Enterprise Value
59.91M
Sector
Industry
Address
1540 CORNWALL RD. #104, OAKVILLE, A6, L6J 7W5
Market Cap
33.05M
Enterprise Value
59.91M
P/E
P/B
-1.72
P/S
1.09
EV / EBITDA
-6.52
EV / Sales
1.97
EPS
-0.88
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-6.6M
ROE
98.69%
ROA
-36.1%
Debt / Equity
-1.4
Current Ratio
0.12
Quick Ratio
0.05
Cash
0
Avg Volume
532.88K
Fundamentals Snapshot Price
1.54

Income Statement

Line Item 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4
Revenue 8.94M 7.1M 7.19M 7.22M 6.76M
Gross profit 1.06M 1.04M 514.89K 899.8K 251.35K
Operating income -2.84M -1.92M -3.36M -2.92M -4.62M
EBITDA -2.4M -1.47M -2.88M -2.44M -4.16M
Net income -6.41M -3.78M -4.6M -4.19M -5.77M
Basic EPS -0.3 -0.18 -0.21 -0.2 -0.27
Diluted EPS -0.3 -0.18 -0.21 -0.2 -0.27

Balance Sheet

Line Item 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4
Total assets 52.57M 56.3M 57.27M 58.4M 60.01M
Total liabilities 71.8M 69.25M 66.45M 63.22M 60.7M
Total equity -19.23M -12.95M -9.17M -4.83M -695.89K
Cash & equivalents 63.86K 128.87K 206.58K 192.54K 652.97K
Current assets 8.06M 9.47M 9.93M 10.57M 11.8M
Current liabilities 69.82M 64.12M 39.42M 35.87M 25.41M

Cash Flow

Line Item 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4
Operating cash flow -2.84M -190.57K -2.2M -1.37M -819.43K
Investing cash flow -4.41K -32.7K -2.88K -25.74K -198.49K
Financing cash flow 2.78M 145.56K 2.21M 937.92K 949.33K
Change in cash -65.01K -77.71K 14.04K -460.43K -68.58K
Kind Filing Date Link
edgar index 10-K — Borealis Foods Inc. View Filing
edgar index DEF 14A — Borealis Foods Inc. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index SCHEDULE 13D/A — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4/A — Borealis Foods Inc. View Filing
edgar index 4/A — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
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edgar index 8-K — Borealis Foods Inc. View Filing
edgar index NT 10-Q — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Oxus Capital PTE. LTD. View Filing
form 4 Form 4 — Rakishev Kenges View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 3 — Borealis Foods Inc. View Filing
form 3 Form 3 — Diachenko Sergii View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Diachenko Sergii View Filing
form 4 Form 4 — Diachenko Sergii View Filing
form 4 Form 4 — Diachenko Sergii View Filing
form 4 Form 4 — Diachenko Sergii View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Diachenko Sergii View Filing
form 4 Form 4 — Diachenko Sergii View Filing
form 4 Form 4 — Diachenko Sergii View Filing
edgar index SCHEDULE 13G — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 8-K/A — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
form 4 Form 4 — Soltanzadeh Reza View Filing
form 4 Form 4 — Zagros Alpine Capital ULC View Filing
form 4 Form 4 — Soltanzadeh Reza View Filing
form 4 Form 4 — Zagros Alpine Capital ULC View Filing
form 4 Form 4 — Helg Barthelemy View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 10-Q — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index NT 10-Q — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 10-Q — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index NT 10-Q — Borealis Foods Inc. View Filing
edgar index 10-K/A — Borealis Foods Inc. View Filing
edgar index 8-K — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
edgar index 4 — Borealis Foods Inc. View Filing
form 4 Form 4 — OYER STEVEN M View Filing