Sector: Consumer Non-Cyclicals | Industry: Food Processing |
Company Contact | |
Address: | Ostrovsky 13 KFAR SABA |
Tel: | N/A |
Website: | https://cannibble.world |
IR: | See website |
Key People | ||
Yoav Bar Joseph Chairman of the Board, Chief Executive Officer, Co-Founder | Elad Barkan Co-Founder, Chief Technology Officer, Director | Ziv Turner Co-Founder, Vice President - Business Development, Director | Uri Ben-Or Chief Financial Officer |
Business Overview |
Cannibble Foodtech Ltd is an Israel-based company, which operates as food tech company. It is mainly engaged in development of premixed foods, beverages, nutritional supplements , and spices infused with cannabidiol (CBD) with a controlled and measured dosage for the recreational market. Its product portfolio includes topping and spices, beverages, sweeteners, cakes, popcorn and deserts. |
Financial Overview |
For the fiscal year ended 31 December 2023, Cannibble Foodtech Ltd revenues increased 4% to $101K. Net loss decreased 44% to $1.1M. Revenues reflect Revenues from consulting services increase from $15K to $90K. Lower net loss reflects Selling and marketing expenses decrease of 57% to $318K (expense), Financial income increase from $142K to $399K (income), General and administrative expenses decrease of 24% to $691K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1.23M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.14M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.97M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.48M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.54M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 26,023,896 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |