Sector: Consumer Non-Cyclicals | Industry: Food Processing |
Company Contact | |
Address: | 400-1681 Chestnut Street VANCOUVER BC V6J 4M6 |
Tel: | N/A |
Website: | https://plantandco.com |
IR: | See website |
Key People | ||
Shawn Moniz Chief Executive Officer, Secretary, Director | Dean Callaway Chief Financial Officer | Sean Black Chief Investment Officer, Director |
Business Overview |
Happy Belly Food Group Inc. is a Canada-based consolidator of emerging food brands. The Company is specialized in the growth of consumer food brands. The Company operates through two segments: Consumer Product Goods and Quick Restaurant Services. The Company's Consumer Product Goods segment consists of two brands, namely, Holy Crap, which produces and sells breakfast cereal and related food products, and Lumber Heads, which produces and sells snack foods. The Company offers its products under these brand names, which are gluten-free, organic, kosher and plant-based. It markets its products through retailers as well as online retailers and its own Website. The Quick Restaurant Services segment includes brands, such as Rosie's Burgers, Heal Lifestyles, Lettuce Love, Phiro Fresh Greek Grill, JoeyTurks Island Grill, and Via Cibo Restaurants. Rosie's Burgers is a boutique QSR restaurant brand that serves original recipes for smash burgers, poutine, onion rings, milkshakes, and others. |
Financial Overview |
For the three months ended 31 March 2024, Happy Belly Food Group Inc revenues increased 47% to C$1.5M. Net loss decreased 36% to C$306K. Revenues reflect Quick Restaurant Services segment increase of 60% to C$1.1M, Consumer Product Goods segment increase of 22% to C$421K. Lower net loss reflects Other income increase from C$13K to C$344K (income), Office and sundry decrease of 59% to C$49K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $66.77M as of Mar 31, 2024 |
Annual revenue (TTM): | $5.56M as of Mar 31, 2024 |
EBITDA (TTM): | -$0.37M as of Mar 31, 2024 |
Net annual income (TTM): | -$1.66M as of Mar 31, 2024 |
Free cash flow (TTM): | -$1.09M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $2.93M as of Mar 31, 2024 |
Shares outstanding: | 117,205,793 as of May 24, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |