Sustained Revenue GrowthConsistent multi-year revenue growth indicates expanding product adoption and market penetration for its nutritionally balanced staples. That trend supports scale benefits, steady top-line visibility, and the ability to reinvest in R&D and distribution over the next several quarters.

Improving Cash GenerationA shift to positive operating cash flow improves the firm's ability to fund operations and growth internally, reducing reliance on external financing. Sustained OCF conversion supports capital allocation for manufacturing, marketing, and working capital needs over the medium term.

Healthy Balance Sheet And Low LeverageRising equity and low leverage provide financial flexibility to invest in capacity and weather demand swings. A strong balance sheet lowers refinancing risk and supports strategic initiatives like retail partnerships and supply chain investments over the next several quarters.

Bears Say

Free Cash Flow VolatilityAlthough FCF is improving, past volatility makes long-term capital planning and dividend/capital return optionality uncertain. If FCF variability persists, it could constrain sustained reinvestment and force reliance on external funding during expansion phases.

Historical Operating Efficiency IssuesHistorical negative operating margins indicate structural cost or scale inefficiencies that management must continuously address. Persistent inefficiencies would limit margin sustainability as revenue grows and could pressure long-term profitability despite recent improvements.

Scaling And Execution RiskManagement faces execution risk as it scales distribution, manufacturing, and working capital. A relatively small employee base and past cash volatility heighten the operational challenge of expanding while preserving margins and balance sheet stability.

BASE FOOD Inc. News

BASE FOOD Returns to Profit and Raises Operating Outlook Despite Flat Sales

An announcement from BASE FOOD Inc. ( ($JP:2936) ) is now available. BASE FOOD reported non-consolidated net sales...

1M ago

2936

BASE FOOD Inc. Reports Improved Sales and Optimistic Forecasts for FY 2026

BASE FOOD Inc. ( ($JP:2936) ) has provided an update. BASE FOOD Inc. reported its non-consolidated financial results...

4M ago

2936

BASE FOOD, Inc. Reports Increased Sales Amidst Ongoing Losses

BASE FOOD Inc. ( ($JP:2936) ) has provided an update. BASE FOOD, Inc. reported a 7.7% increase in...

7M ago

2936

BASE FOOD Inc. Reports Positive Financial Turnaround for Fiscal Year 2025

BASE FOOD Inc. ( ($JP:2936) ) just unveiled an update. BASE FOOD Inc. reported its non-consolidated financial results...

10M ago

2936

BASE FOOD Reports Marginal Sales Growth Amid Continuing Losses

BASE FOOD Inc. ( ($JP:2936) ) has provided an update. BASE FOOD, Inc. reported its non-consolidated financial results...

1y ago

2936

BASE FOOD Reports Decreased Earnings in H1 FY2025

BASE FOOD Inc. (JP:2936) has released an update. BASE FOOD, Inc. reported a decline in net sales and...

1y ago

2936

2936 FAQ

What was BASE FOOD Inc.’s price range in the past 12 months?

BASE FOOD Inc. lowest stock price was ¥295.00 and its highest was ¥633.00 in the past 12 months.

What is BASE FOOD Inc.’s market cap?

BASE FOOD Inc.’s market cap is ¥20.56B.

When is BASE FOOD Inc.’s upcoming earnings report date?

BASE FOOD Inc.’s upcoming earnings report date is Apr 14, 2026 which is in 54 days.

How were BASE FOOD Inc.’s earnings last quarter?

BASE FOOD Inc. released its earnings results on Jan 14, 2026. The company reported ¥1.72 earnings per share for the quarter, beating the consensus estimate of N/A by ¥1.72.

Is BASE FOOD Inc. overvalued?

According to Wall Street analysts BASE FOOD Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does BASE FOOD Inc. pay dividends?

BASE FOOD Inc. does not currently pay dividends.

What is BASE FOOD Inc.’s EPS estimate?

BASE FOOD Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does BASE FOOD Inc. have?

BASE FOOD Inc. has 54,752,100 shares outstanding.

What happened to BASE FOOD Inc.’s price movement after its last earnings report?

BASE FOOD Inc. reported an EPS of ¥1.72 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.353%.

Which hedge fund is a major shareholder of BASE FOOD Inc.?

Currently, no hedge funds are holding shares in JP:2936

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

BASE FOOD Inc.

BASE FOOD Inc. produces and sells nutritional staple food. It offers bread, pasta, as well as cookies. The company was incorporated in 2016 and is based in Tokyo, Japan.