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Real Good Food Company Inc

Company price
0.0101 USD -0.13 ( 93.03%)
Last update at 2025-02-12T14:30:00Z
VOLUME
5029
Market Cap
17.88M

Momentum Score

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The Real Good Food Company, Inc., through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co. brand name, as well as sells private-label products. The company serves retailers, which primarily sell its products through natural and conventional grocery, drug, club, and mass merchandise stores. It also sells its products through its e-commerce channel, which includes direct-to-consumer sales through its website, as well as through its retail customers' online platforms. The company was formerly known as Project Clean, Inc. and changed its name to The Real Good Food Company, Inc. in October 2021. The Real Good Food Company, Inc. was founded in 2016 and is based in Cherry Hill, New Jersey.

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Day Price Range
0.01
Low
0.01
High
52 Week Price Range
0.21
Low
5.21
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.14
Dividend Yield
-
Revenue TTM
156.38M
Revenue Per Share
21.34
Gross Profit TTM
15.70M
Debt / Equity
3.09
ROE
-3164.09%
Net Debt
103.47M
ROCE
-39.09%
Diluted EPS TTM
-1.97

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -45.67M -67.09M -15.54M -14.19M
Minority interest 34.68M 32.12M - -
Net income -10.98M -30.59M -15.56M -19.52M
Selling general administrative 25.01M 27.79M 2.59M 2.41M
Selling and marketing expenses 26.63M 35.61M 9.94M 12.17M
Gross profit 13.25M 10.29M 2.68M 5.82M
Reconciled depreciation 3.20M 1.14M 0.59M 0.52M
Ebit -38.39M -53.11M -9.86M -8.76M
Ebitda -38.25M -61.73M -9.27M -8.29M
Depreciation and amortization 0.14M -8.62M 0.59M 0.47M
Operating income -38.39M -53.11M -9.86M -8.76M
Other operating expenses 179.98M 137.20M 48.84M 47.50M
Interest expense 7.42M 5.37M 5.68M 5.38M
Tax provision 0.00M 0.00M 0.02M 0.00M
Net interest income -7.42M -5.37M -5.68M -5.38M
Income tax expense -34.68M -36.51M 0.02M 5.33M
Total revenue 141.59M 84.08M 38.98M 38.74M
Total operating expenses 51.64M 63.41M 12.54M 14.58M
Cost of revenue 128.34M 73.79M 36.31M 32.92M
Total other income expense net -7.28M -13.98M -5.68M -5.43M
Net income from continuing ops -45.67M -67.09M -15.56M -14.19M
Net income applicable to common shares -10.98M -10.14M -16.11M -14.61M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 131.44M 102.14M 15.47M 15.30M
Other current assets 1.03M 9.93M 0.04M 0.02M
Total liab 139.54M 71.16M 45.64M 30.05M
Total stockholder equity 35.15M 39.55M -30.17M -14.75M
Deferred long term liab 0.97M 0.82M 1.58M 0.84M
Other current liab 4.67M 8.11M 0.67M 0.59M
Common stock 0.00M 0.00M 1.01M 0.87M
Capital stock 0.00M 0.00M 9.06M 8.92M
Retained earnings -21.13M -10.14M -39.23M -23.67M
Other liab 2.71M 3.35M - -
Good will 12.49M 12.49M - -
Other assets 3.48M 4.29M 1.65M 0.89M
Cash 5.28M 27.43M 0.03M 0.39M
Total current liabilities 33.22M 31.64M 8.56M 5.15M
Current deferred revenue - 6.76M - 0.32M
Net debt 103.47M 10.29M 40.12M 26.05M
Short term debt 5.13M 1.57M 3.08M 1.55M
Short long term debt 0.37M 0.33M 2.94M 1.27M
Short long term debt total 108.75M 37.73M 40.15M 26.44M
Other stockholder equity 56.27M 49.69M - -
Property plant equipment 49.38M 22.42M 1.84M 2.16M
Total current assets 66.10M 62.95M 11.97M 12.24M
Net tangible assets 22.66M 27.07M -38.22M -22.80M
Net receivables 20.32M 8.97M 3.53M 2.53M
Long term debt 69.48M 24.76M 36.94M 24.75M
Inventory 39.48M 16.62M 8.37M 8.97M
Accounts payable 23.42M 15.21M 4.82M 2.69M
Non currrent assets other 3.48M 4.29M 1.65M 0.89M
Non current assets total 65.34M 39.19M 3.50M 3.06M
Capital lease obligations 38.89M 12.64M 0.27M 0.41M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -3.73M -4.74M -0.15M -0.50M
Change to liabilities 0.00M 0.00M 1.98M -0.96M
Total cashflows from investing activities - -4.74M -0.15M -0.50M
Net borrowings - 8.46M 7.54M 4.32M
Total cash from financing activities 38.86M 61.21M 7.54M 11.66M
Change to operating activities - 9.87M 0.34M 0.40M
Net income -45.67M -67.09M -15.56M -14.19M
Change in cash -22.15M 29.72M -0.36M 0.25M
Begin period cash flow 29.75M 0.03M 0.39M 0.14M
End period cash flow 7.60M 29.75M 0.03M 0.39M
Total cash from operating activities -57.28M -26.75M -7.75M -10.92M
Issuance of capital stock 0.00M 55.75M - -
Depreciation 3.20M 1.14M 0.59M 0.52M
Change to inventory -22.86M -7.75M 0.60M -3.07M
Change to account receivables -11.35M -5.50M -1.02M 1.39M
Other cashflows from financing activities 45.55M 51.42M 7.99M 19.34M
Change to netincome - 41.03M 4.26M 2.27M
Capital expenditures 3.73M 2.53M 0.15M 0.50M
Change in working capital -25.22M -3.38M 1.90M -2.23M
Stock based compensation 6.58M 28.73M - -
Other non cash items 3.82M 13.85M 5.32M 4.99M
Free cash flow -61.01M -29.29M -7.90M -11.41M

Peer Comparison*

Sector: Consumer Defensive Industry: Packaged Foods

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RGF
Real Good Food Company Inc
-0.13
93.03%
0.01 - - 0.08 0.24 0.96 -4.59
NSRGF
Nestle SA
-
-%
101.69 26.86 18.76 3.13 7.10 3.81 21.70
NSRGY
Nestle SA ADR
0.07
0.07%
103.51 26.82 18.66 3.18 7.07 3.81 21.70
DANOY
Danone PK
0.23
1.52%
15.40 24.23 17.64 1.88 2.57 1.88 11.70
GPDNF
Danone S.A
-
-%
75.00 20.30 14.75 1.65 2.24 1.76 10.92

Profile*

Real Good Food Company Inc

The Real Good Food Company, Inc., through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co. brand name, as well as sells private-label products. The company serves retailers, which primarily sell its products through natural and conventional grocery, drug, club, and mass merchandise stores. It also sells its products through its e-commerce channel, which includes direct-to-consumer sales through its website, as well as through its retail customers' online platforms. The company was formerly known as Project Clean, Inc. and changed its name to The Real Good Food Company, Inc. in October 2021. The Real Good Food Company, Inc. was founded in 2016 and is based in Cherry Hill, New Jersey.

3 Executive Campus, Cherry Hill, NJ, United States, 08002

856 644 5624

130

Name Title Year Born
Mr. Bryan T. Freeman Exec. Chairman, Pres & Sec. 1971
Mr. Gerard G. Law CEO & Director 1974
Mr. Akshay S. Jagdale Chief Financial Officer NA
Christopher Bevenour VP, FP&A and Investor Relations NA
Mr. Andrew J. Stiffelman Chief Marketing Officer 1985
Mr. Bryan T. Freeman Executive Chairman, President & Secretary 1971
Mr. Tim Zimmer Chief Executive Officer NA
Mr. Mark Dietz Senior Vice President of Operations NA
Shamari Benton Vice President of FP&A and Investor Relations NA
Mr. Andrew J. Stiffelman Chief Marketing Officer 1986

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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