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Goodfood Market Corp. operates as an online grocery subscription service in Canada. The company delivers fresh meals and add-ons. It offers ready-to-eat and ready-to-cook products, as well as meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and frozen products, and kitchen essentials. The company is headquartered in Montreal, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Goodfood Market Corp is a Canadian e-commerce food retailer that sells meal kits, fresh and prepared meals and grocery items through subscription and on-demand delivery. Long-term growth may be supported by rising online grocery adoption, widening product assortment and private-label development, while recurring subscription revenue could make the business attractive to investors seeking exposure to food e-commerce.
Key investment risks include intense competition from national grocers and global meal-kit players, margin pressure from logistics and ingredient cost inflation, customer acquisition and retention challenges, and operational or food-safety disruptions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
| Income before tax | -8.09M | -3.43M | -16.52M | -123.26M | -31.29M |
| Net income | -8.10M | -3.43M | -16.46M | -121.76M | -31.79M |
| Selling general administrative | 45.36M | 54.84M | 65.87M | 115.96M | 136.40M |
| Gross profit | 50.40M | 62.98M | 65.38M | 68.06M | 116.09M |
| Reconciled depreciation | 5.96M | 7.38M | 10.84M | 17.30M | 8.82M |
| Ebit | -1.49M | 3.36M | - | -65.20M | -29.12M |
| Ebitda | 4.46M | 10.74M | - | -47.27M | -19.43M |
| Depreciation and amortization | 5.96M | 7.38M | - | 17.93M | 9.69M |
| Operating income | -2.71M | 2.08M | -11.32M | -65.20M | -29.12M |
| Other operating expenses | 123.59M | 150.76M | - | 333.78M | 408.36M |
| Interest expense | 6.59M | 6.83M | 6.58M | 5.88M | 3.29M |
| Tax provision | 0.01M | 0.00M | -0.06M | -1.50M | 0.50M |
| Interest income | 5.29M | 5.47M | 1.11M | 5.13M | 2.17M |
| Net interest income | -5.76M | -5.49M | -5.72M | -5.25M | -2.42M |
| Income tax expense | 0.01M | - | - | -1.50M | 0.50M |
| Total revenue | 120.88M | 152.84M | 168.56M | 268.59M | 379.23M |
| Total operating expenses | 53.11M | 60.90M | 179.88M | 133.25M | 145.22M |
| Cost of revenue | 70.48M | 89.86M | 103.18M | 200.53M | 263.14M |
| Total other income expense net | -5.38M | -5.51M | 0.52M | -58.06M | -2.17M |
| Net income from continuing ops | -8.10M | -3.43M | -16.46M | -121.76M | -31.79M |
| Net income applicable to common shares | -8.10M | -3.43M | - | -121.76M | -31.79M |
| Breakdown | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
| Total assets | 41.76M | 52.31M | 57.81M | 129.85M | 255.26M |
| Intangible assets | 2.51M | 1.96M | 2.78M | 3.17M | 2.08M |
| Other current assets | 0.67M | 0.43M | 0.37M | 4.83M | 0.71M |
| Total liab | 69.03M | 78.39M | 81.25M | 141.03M | 157.39M |
| Total stockholder equity | -27.27M | -26.08M | -23.44M | -11.18M | 97.88M |
| Other current liab | -3.15M | - | - | 10.29M | 44.26M |
| Common stock | 188.81M | - | - | 173.79M | 170.09M |
| Capital stock | 188.81M | 181.73M | 180.37M | 173.79M | 170.09M |
| Retained earnings | -227.95M | -220.62M | -217.19M | -200.72M | -78.96M |
| Good will | 0.42M | - | - | - | - |
| Other assets | 0.31M | - | - | 0.65M | 4.13M |
| Cash | 12.35M | 24.01M | 24.93M | 36.88M | 125.53M |
| Cash and equivalents | 12.35M | - | - | 36.88M | 125.53M |
| Total current liabilities | 19.34M | 28.65M | 29.00M | 52.82M | 63.40M |
| Current deferred revenue | 2.51M | - | - | 5.50M | 5.09M |
| Net debt | 39.46M | 22.53M | 20.86M | 71.54M | -25.45M |
| Short term debt | 6.30M | - | - | 20.21M | 6.09M |
| Short long term debt | - | 7.17M | 4.04M | 11.74M | 0.65M |
| Short long term debt total | 51.80M | - | - | 108.42M | 100.08M |
| Other stockholder equity | 7.27M | - | - | 15.76M | 6.74M |
| Property plant equipment | 12.46M | - | - | 73.83M | 102.52M |
| Total current assets | 22.84M | 29.78M | 32.71M | 52.20M | 146.53M |
| Net tangible assets | - | - | - | -14.35M | 95.79M |
| Short term investments | 3.42M | - | - | - | - |
| Net receivables | 3.29M | - | - | 3.60M | 5.97M |
| Long term debt | 40.87M | 39.38M | 41.75M | 27.47M | 26.32M |
| Inventory | 3.11M | 3.16M | 3.28M | 6.88M | 14.32M |
| Accounts payable | 13.68M | - | - | 16.81M | 30.08M |
| Accumulated other comprehensive income | 4.60M | - | - | - | - |
| Non currrent assets other | 3.54M | 0.31M | 0.31M | 0.65M | 4.13M |
| Non current assets total | 18.92M | 22.54M | 25.10M | 77.65M | 108.73M |
| Capital lease obligations | 10.93M | 13.33M | 13.36M | 69.21M | 73.11M |
| Long term debt total | 48.66M | - | - | 88.21M | 93.99M |
| Breakdown | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
| Investments | -3.00M | 0.77M | 1.96M | -37.67M | -18.01M |
| Change to liabilities | - | - | - | -21.08M | 8.75M |
| Total cashflows from investing activities | -4.77M | 0.77M | - | -37.67M | -18.01M |
| Net borrowings | -4.14M | -5.94M | - | 12.16M | -3.86M |
| Total cash from financing activities | -8.88M | -9.18M | -4.57M | 8.00M | 55.50M |
| Change to operating activities | - | - | - | -0.22M | -0.03M |
| Net income | -8.10M | -3.43M | -16.46M | -121.76M | -31.79M |
| Change in cash | -11.66M | -0.92M | -11.96M | -88.65M | 21.13M |
| Begin period cash flow | 24.01M | 24.93M | 36.88M | 125.53M | 104.40M |
| End period cash flow | 12.35M | 24.01M | 24.93M | 36.88M | 125.53M |
| Total cash from operating activities | 1.98M | 7.49M | -9.35M | -58.98M | -16.36M |
| Issuance of capital stock | - | - | - | 0.00M | 57.36M |
| Depreciation | 5.96M | 7.38M | 10.84M | 17.30M | 8.82M |
| Other cashflows from investing activities | 0.34M | 0.82M | - | 0.77M | 0.74M |
| Dividends paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change to inventory | 0.68M | 0.12M | 3.60M | 7.43M | -7.36M |
| Change to account receivables | 0.74M | 2.35M | - | 2.76M | -1.38M |
| Sale purchase of stock | -0.05M | -0.07M | - | 0.14M | 60.02M |
| Other cashflows from financing activities | -4.69M | -3.17M | - | 23.91M | 23.25M |
| Change to netincome | - | - | - | 56.59M | 6.63M |
| Capital expenditures | 1.52M | 0.63M | 1.74M | 38.44M | 18.75M |
| Change in working capital | -1.90M | -1.18M | -6.14M | -11.11M | -0.01M |
| Stock based compensation | 0.77M | 0.86M | 3.90M | 5.88M | 4.23M |
| Other non cash items | 5.32M | 3.87M | -6.04M | 52.21M | 1.90M |
| Free cash flow | 0.46M | 6.87M | -11.09M | -97.42M | -35.11M |
Sector: Consumer Cyclical Industry: Personal Services
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Stock Name
|
Change
(CAD) |
Price
(CAD) |
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) |
|---|---|---|---|---|---|---|---|---|
| FOOD Goodfood Market Corp |
- -% |
0.03 | - | 45.66 | 0.16 | 1.00 | 0.51 | 18.64 |
Goodfood Market Corp. operates as an online grocery subscription service in Canada. The company delivers fresh meals and add-ons. It offers ready-to-eat and ready-to-cook products, as well as meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and frozen products, and kitchen essentials. The company is headquartered in Montreal, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Jonathan Ferrari | Co-Founder, Chairman & CEO | 1989 |
| Mr. Neil Cuggy | Co-Founder, Pres, COO & Director | 1989 |
| Mr. Jonathan Roiter | Chief Financial Officer | NA |
| Ms. Jennifer Stahlke | Exec. VP of Marketing & Member of Happiness | NA |
| Ms. Bipasha Chiu | Chief Technology Officer | NA |
| Roslane Aouameur | VP of Corp. Devel., Sr. Director of FP&A and Investor Relations | NA |
| Mr. Mohammad Awada | Exec. VP & Head of Strategic Execution | NA |
| Mr. Simon Brown | Exec. Vice-Pres of Product & Merchandising | NA |
| Mr. Raffi Krikorian | Exec. Vice-Pres of Ready-to-Cook & Supply Chain | NA |
| Mr. Neil Cuggy | Co-Founder, President, COO & Director | 1989 |
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