From Financial Modeling Prep: 2025-01-22 04:05:33

Goodfood Market Corp. reported an EPS of -0.01426, slightly exceeding estimates, with revenue of $35 million falling short of the expected $36 million. The company achieved a gross margin of 39.6%, showcasing its financial performance in Q1 2025.

Despite facing a competitive market, Goodfood Market Corp. remains a leader in Canadian online meal solutions, offering meal kits and ready-to-eat meals. The company’s Q1 2025 earnings revealed a net loss of $1.7 million, but it maintained an adjusted EBITDA of $2 million, displaying positive cash flow generation.

With a healthy cash balance of $21 million, Goodfood Market Corp. demonstrated financial stability post-acquisition of Genuine Tea. The company’s total net debt to adjusted EBITDA ratio is 2.64, indicating manageable debt levels. Additionally, Goodfood’s price-to-sales ratio of 0.25 reflects market valuation at 25 cents per dollar of sales.



Read more at Financial Modeling Prep:: Goodfood Market Corp. (PNK:GDDFF) Q1 2025 Earnings…