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Goodfood Market Corp. (T:FOOD)

Business Focus: E-commerce & Auction Services

Sector:  Technology Industry:  Online Services
 
Company Contact
Address: 4600 HICKMORE
SAINT-LAURENT QC H4T 1K2
Tel: N/A
Website: https://www.makegoodfood.ca
IR: See website
Key People
Jonathan Ferrari
Chairman of the Board, Chief Executive Officer, Co-Founder
Neil Cuggy
President, Co-Founder, Chief Operating Officer, Director
Roslane Aouameur
Chief Financial Officer
Jennifer Stahlke
Executive Vice President - Marketing and Member Happiness
Simon Brown
Executive Vice President - Product and Merchandising
Raffi Krikorian
Executive Vice-President, Ready-to-Cook and Supply Chain
Bipasha Chiu
Chief Technology Officer
   
Business Overview
Goodfood Market Corp. is a Canada-based online meal solutions company. The Company delivers fresh meals and add-ons. It provides its customers with access to fresh and delicious products, as well as pricing by its culinary team and direct-to-consumer infrastructure and technology. It connects its partner farms and suppliers to its customers' kitchens directly. Its production facilities are located in the provinces of Quebec and Alberta.
Financial Overview
For the 26 weeks ended 02 March 2024, Goodfood Market Corp revenues decreased 10% to C$80.2M. Net loss decreased 95% to C$580K. Revenues reflect Online Sales - Total decrease of 10% to C$80.2M. Lower net loss reflects Merchandise Margins - Total - % increase of 8% to 41.2%, Selling, general and administrative decrease of 24% to C$28.4M (expense), Depreciation and amortization decrease of 43% to C$3.8M (expense).
Employees: 1,225 as of Sep 3, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $58.13M as of Mar 2, 2024
Annual revenue (TTM): $159.58M as of Mar 2, 2024
EBITDA (TTM): $7.83M as of Mar 2, 2024
Net annual income (TTM): -$5.43M as of Mar 2, 2024
Free cash flow (TTM): $4.37M as of Mar 2, 2024
Net Debt Last Fiscal Year: $33.46M as of Mar 2, 2024
Shares outstanding: 77,515,988 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization