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Home CompaniesCubicFarm Systems Corp

CubicFarm Systems Corp

Industrials Farm & Heavy Construction Machinery
PortfolioPortfolio WatchlistWatchlist
Company price
0.11 CAD 0.00(0%)
Last update at 2026-11-02T14:30:00Z
Market Cap
4.34M

Momentum Score

…

CubicFarm Systems Corp., a local chain agricultural technology company, provides automated on site commercial scale food and livestock feed technologies in Canada. It operates through two segments: Feed Division and Fresh Division. The company engages in the research, development, manufacture, and sale of hydroponic growing systems for fresh produce and livestock feed supply. It also offers cubicfarm and hydrogreen grow system services; grows and sells lettuce, microgreens, and other products; and manufactures and sells animal feed systems. The company was formerly known as Forty Foot Farms Ltd. and changed its name to CubicFarms Systems Corp. in June 2016. CubicFarms Systems Corp was incorporated in 2015 and is headquartered in Langley, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.11
Low
0.11
High
52 Week Price Range
0.10
Low
0.22
High

Momentum Score

…
Loading momentum score…

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
AI Summary

CubicFarm Systems Corp develops and sells controlled-environment growing systems that integrate automation, sensors and software to produce leafy greens and herbs year-round. Long-term growth drivers include rising demand for local, resilient food supplies, increasing adoption of vertical farming technologies and potential productivity gains from automation, and investors may find exposure to the expanding controlled-environment agriculture market of interest.

Primary risks include execution and financing risk as the company operates in a capital-intensive, early-stage, competitive market where adoption, scale-up, energy costs and path to profitability remain uncertain.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.11
Dividend Yield
-
Revenue TTM
0.68M
Revenue Per Share
0.02
Gross Profit TTM
0.43M
Debt / Equity
-
ROE
-94.72%
Net Debt
14.49M
ROCE
54.00%
Diluted EPS TTM
-0.40

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Income before tax -16.45M -61.16M -29.35M - -10.33M
Net income -16.45M -60.37M -29.36M - -10.09M
Selling general administrative 9.01M 21.23M 22.95M - 7.49M
Gross profit 0.15M -6.46M 0.01M - 2.24M
Reconciled depreciation 0.91M 1.91M 1.65M - 0.66M
Ebit - - - -20.02M -9.72M
Ebitda - - - - -9.64M
Operating income -11.35M -38.68M -29.10M - -8.79M
Interest expense 2.87M 1.36M 0.49M 0.00M 0.00M
Tax provision 0.00M -0.79M 0.00M - -0.24M
Interest income 0.01M 0.01M 0.00M - 0.11M
Net interest income -2.86M -1.35M -0.49M - 0.08M
Income tax expense - - - -0.64M -0.24M
Total revenue 4.31M 3.64M 5.27M - 5.17M
Total operating expenses 15.66M 42.32M 34.37M - 13.95M
Cost of revenue 4.15M 10.10M 5.26M - 2.93M
Total other income expense net -2.24M -21.13M 0.23M - -1.63M
Net income from continuing ops -16.45M -60.37M -29.36M - -10.09M
Net income applicable to common shares - - - -20.25M -10.09M
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 13.56M 23.78M 54.68M - 21.14M
Intangible assets - - 5.37M - 5.09M
Total liab 37.54M 33.75M 13.59M - 6.76M
Total stockholder equity -23.98M -9.97M 41.09M - 14.38M
Deferred long term liab - - - 0.86M 0.91M
Other current liab - - - 6.40M 2.28M
Common stock - - - 49.04M 31.83M
Capital stock 101.35M 99.05M 94.70M - -
Retained earnings -136.37M -119.92M -59.55M -30.20M -20.07M
Other liab - - - 1.61M 1.55M
Good will - 0.00M 1.87M - 1.83M
Other assets - - - 0.86M 0.91M
Cash 0.18M 2.94M 21.38M - 3.60M
Total current liabilities 34.58M 22.75M 9.78M 8.52M 3.78M
Net debt 14.49M 7.76M - - -
Short long term debt 14.60M 2.08M 0.37M - 0.06M
Other stockholder equity - - - 2.89M 2.63M
Property plant equipment - - - 4.02M 4.10M
Total current assets 11.09M 20.82M 35.35M 23.77M 10.12M
Long term investments 0.00M 0.00M 0.00M - 0.00M
Net tangible assets - - - 15.65M 8.37M
Net receivables 0.05M 1.13M 1.67M 1.34M 2.19M
Long term debt 0.06M 8.63M 1.78M - 0.20M
Inventory 8.88M 13.31M 8.43M 5.95M 4.20M
Accounts payable 6.51M 5.58M 1.39M 0.86M 0.98M
Non current assets total 2.46M 2.96M 19.33M - 11.02M
Capital lease obligations 3.56M 2.96M 2.38M - 1.39M
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Investments 0.44M -5.21M -7.81M - -0.46M
Change to liabilities - - - 0.35M 0.04M
Total cashflows from investing activities - - - -0.97M -1.10M
Net borrowings - - - 3.95M 0.17M
Total cash from financing activities 3.27M 14.79M 43.53M 37.47M 5.37M
Change to operating activities - - - 6.62M -0.72M
Net income -16.45M -60.37M -29.36M -20.25M -10.09M
Change in cash -2.79M -18.42M 5.26M 25.20M -6.30M
Begin period cash flow 2.94M 21.38M 16.21M 3.60M 9.90M
End period cash flow 0.18M 2.94M 21.38M 16.21M 3.60M
Total cash from operating activities -6.50M -28.01M -30.47M -11.28M -10.59M
Issuance of capital stock 2.31M 5.02M 43.95M - -
Depreciation 0.91M 1.91M 1.65M 1.05M 0.57M
Other cashflows from investing activities - - - -0.70M -0.64M
Change to inventory 0.84M -2.10M -3.58M -4.33M -1.95M
Change to account receivables - -0.46M -1.72M 1.58M -1.69M
Change to netincome - - - 3.59M 3.17M
Capital expenditures 0.02M 5.24M 7.77M 0.26M 0.46M
Change in working capital 3.90M 7.72M -6.18M - -4.57M
Stock based compensation 0.42M 1.54M 3.91M - -
Other non cash items 1.29M 0.95M 0.61M - -0.09M
Free cash flow -6.52M -33.25M -38.24M - -11.67M

Peer Comparison*

Sector: Industrials Industry: Farm & Heavy Construction Machinery

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)
CUB
CubicFarm Systems Corp		 -
-%		 0.11 - 79.37 6.41 11.04 6.18 -0.67
CSX
Clean Seed Capital Group Ltd.		 -
-%		 0.07 - - 13.38 1.25 15.00 -5.37

Profile*

CubicFarm Systems Corp

CubicFarm Systems Corp., a local chain agricultural technology company, provides automated on site commercial scale food and livestock feed technologies in Canada. It operates through two segments: Feed Division and Fresh Division. The company engages in the research, development, manufacture, and sale of hydroponic growing systems for fresh produce and livestock feed supply. It also offers cubicfarm and hydrogreen grow system services; grows and sells lettuce, microgreens, and other products; and manufactures and sells animal feed systems. The company was formerly known as Forty Foot Farms Ltd. and changed its name to CubicFarms Systems Corp. in June 2016. CubicFarms Systems Corp was incorporated in 2015 and is headquartered in Langley, Canada.

7170 Glover Road, Langley, BC, Canada, V2Y 0W9

236 305 6091

https://www.cubicfarms.com

27

Name Title Year Born
Mr. John Hendrik de Jonge Interim CEO & President of Hydrogreen NA
Mr. Michael Brendan Kyne C.F.A., CFA CFO, Corporate Secretary & Chief Investment Officer NA
Mr. Michael Brendan Kyne C.F.A. CFO, Corporate Secretary & Chief Investment Officer NA

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.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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