Sector: Consumer Non-Cyclicals | Industry: Food Processing |
Company Contact | |
Address: | 505 Consortium Court LONDON ON N6E 2S8 |
Tel: | N/A |
Website: | https://oddburger.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Odd Burger Corporation is a Canada-based food technology company and operates a chain of Company-owned and franchised vegan fast-food restaurants. The Company manufactures and distributes a proprietary line of plant-based protein and dairy alternatives to its locations. It operates smart kitchens, which use art cooking technology and automation solutions to deliver a food experience to customers. The Company's product menu includes Breakfast, Burgers, ChickUN, Salads & Wraps, Sides, Desserts & Shakes, Beverages and Gluten-Friendly. Breakfast products include Hash Browns, Ham Breakfast Sandwich, BacUn Breakfast Sandwich, Sausage Breakfast Sandwich, Venedict, Faconator, Ham Maple Crunch, BacUn Maple Crunch and Sausage Maple Crunch. Its Burger products include Famous Burger, Vopper, BacUn Famous Melt, Preposterous Burger, Pulled Jack and Classic Burger. ChickUN products include Crispy ChickUn, ChickUn Cordon Bleu, Buffalo ChickUn, Sticky ChickUn, Wingalings and Pretenders. |
Financial Overview |
For the three months ended 31 December 2023, Odd Burger Corp revenues decreased 6% to C$734K. Net loss decreased 78% to C$276K. Revenues reflect Food sales decrease of 8% to C$703K. Lower net loss reflects Professional Fees decrease of 70% to C$122K (expense), Other decrease of 51% to C$158K (expense), Salaries and Wages decrease of 29% to C$278K (expense). |
Employees: | 15 as of Sep 30, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $15.23M as of Dec 31, 2023 |
Annual revenue (TTM): | $3.20M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.84M as of Dec 31, 2023 |
Net annual income (TTM): | -$3.62M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.30M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3.20M as of Dec 31, 2023 |
Shares outstanding: | 92,694,417 as of Feb 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |