CubicFarm Systems Corp. (T:CUB)
Business Focus: Agriculture Support Services
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Insider Filings
Latest 10 SEDI filings for CUB within the last 6 months
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Company News
Aug 25, 2023 10:54 ET
CubicFarms Announces Further Expansion into International Markets
VANCOUVER, BC, Aug. 25, 2023 /CNW/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, announced that its ruminant livestock feed subsidiary company, HydroGreen Inc. ("HydroGreen"), is further expanding into international markets through a Manufacturer's Representative Agreement between HydroGreen and Seehof Agrar GmBH.
Aug 24, 2023 07:30 ET
CubicFarms Announces Sale of HydroGreen's Commercial-Scale Equipment to Leading Italian Dairy
VANCOUVER, BC, Aug. 24, 2023 /CNW/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading agricultural technology company, announced that its ruminant livestock feed subsidiary company, HydroGreen Inc. ("HydroGreen"), has closed a sale with Cirio Agricola S.r.l., a prestigious, technologically-advanced dairy farm in Piana di Monte Verna, Italy, and one of the country's top producers of milk.
Valuation Ratios
Industry
Sector
Beta
2.80
--
--
Price to Sales - TTM
2.15
1.23
2.83
Price to Book - most recent quarter
--
0.55
1.90
Price to Cash Flow per share - TTM
--
--
9.86
Price to Free Cash Flow per share - TTM
--
2.70
16.34
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 521,874 | -14,186 |
| Aug 31, 2023 | 536,060 | 412,306 |
| Aug 15, 2023 | 123,754 | 50,091 |
Business Summary
| Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
CubicFarm Systems Corp. is a Canada-based agriculture technology and vertical farming company. The Company develops, employs, and sells modular growing systems to provide predictable crop yields for farms around the world. In addition, the Company leverages its technology by operating its own facility in Pitt Meadows, British Columbia. The Company's segments include Fresh Division and Feed Division. The Company's Fresh Division operates using the CubicFarm System, which contains CubicFarms technology for growing leafy greens and other crops. The Company's Feed Division operates using CubicFarms HydroGreen Grow System, the Company's technology for growing nutritious livestock feed. The HydroGreen System performs various growing functions, including seeding, watering, lighting, harvesting and re-seeding. Its subsidiaries include CubicFarm Manufacturing Corp., CubicFarm Innovation Corp., CubicFarm Services Corp., CubicFarm Produce (Canada) Corp. and CubicFarm Capital Corp., among others.
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