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Odd Burger Corporation ( (TSE:ODD) ) has issued an announcement.
Odd Burger Corporation has warned that it will miss the January 28, 2026 deadline to file its audited annual financial statements, related management’s discussion and analysis, and CEO/CFO certifications for the year ended September 30, 2025, after an unexpected default by a financing counterparty caused a loss of anticipated liquidity and a temporary inability to pay audit fees, prompting its auditor MNP LLP to suspend work. The company is cutting costs and pursuing asset sales to restore liquidity, expects the audit to be completed around May 29, 2026, and has applied for a management cease trade order that would restrict trading by its top executives until the filings are made, while emphasizing it is not in insolvency proceedings and that no undisclosed material changes have occurred.
Spark’s Take on TSE:ODD Stock
According to Spark, TipRanks’ AI Analyst, TSE:ODD is a Neutral.
Odd Burger Corporation’s overall stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s negative equity and ongoing losses present significant financial risks. The bearish technical trend further undermines investor confidence. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield.
To see Spark’s full report on TSE:ODD stock, click here.
More about Odd Burger Corporation
Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures proprietary plant-based protein and dairy alternatives. Its products are supplied to its smart-kitchen restaurant locations through a foodservice line and sold to grocery retailers via a consumer-packaged goods division, supported by a vertically integrated, automation-driven model focused on delivery, takeout, and sustainable, healthier fast food.
Average Trading Volume: 52,775
Technical Sentiment Signal: Sell
Current Market Cap: C$4.92M
See more insights into ODD stock on TipRanks’ Stock Analysis page.