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Beyond Oil Ltd (TSE:BOIL)
:BOIL
Canadian Market

Beyond Oil Ltd (BOIL) AI Stock Analysis

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Beyond Oil Ltd

(BOIL)

57Neutral
While Beyond Oil Ltd shows positive market momentum and strategic partnerships signaling potential growth, its financial performance is hindered by negative margins and profitability issues. The technical analysis suggests a bullish trend, but valuation concerns due to negative earnings impact its attractiveness. Corporate events offer a promising outlook, but financial stability remains a key challenge.

Beyond Oil Ltd (BOIL) vs. S&P 500 (SPY)

Beyond Oil Ltd Business Overview & Revenue Model

Company DescriptionBeyond Oil Ltd (BOIL) is a company operating in the energy sector with a focus on providing sustainable and innovative solutions to reduce dependency on traditional fossil fuels. The company is committed to developing and commercializing advanced technologies and products that aim to transform the energy landscape by offering cleaner alternatives to conventional oil products.
How the Company Makes MoneyBeyond Oil Ltd makes money primarily through the commercialization of its proprietary technologies and products designed to reduce the consumption of conventional fossil fuels. Revenue streams include the sale of advanced fuel alternatives, licensing agreements for its technology, and strategic partnerships with energy companies looking to enhance their sustainability profiles. The company's earnings are bolstered by collaborations with industry stakeholders who are keen on integrating greener solutions into their operations, thus contributing to Beyond Oil Ltd's growth in a market increasingly driven by environmental concerns and regulatory requirements for cleaner energy solutions.

Beyond Oil Ltd Financial Statement Overview

Summary
Beyond Oil Ltd is experiencing growth in revenue, but significant profitability issues persist with negative margins and net losses. Despite a reasonable equity position and low debt levels, cash flow challenges and operational inefficiencies pose risks. The company needs to focus on improving operational performance and achieving profitability to enhance its financial stability.
Income Statement
25
Negative
The company has shown some revenue generation in the latest year with a total revenue of $285,000, but still records a significant net loss of $2.42 million. The EBIT and EBITDA margins are negative, indicating that the company is struggling to cover its operating costs. The revenue growth from zero to $285,000 is a positive sign, but the overall financial health and profitability remain weak.
Balance Sheet
55
Neutral
The company has a relatively low debt-to-equity ratio, indicating that it is not heavily reliant on debt financing. However, the return on equity is negative due to the net losses, which is a significant drawback. The equity ratio is strong, suggesting that the company is mostly financed by equity, providing some stability.
Cash Flow
30
Negative
The operating cash flow is negative, reflecting ongoing operational challenges. The free cash flow is also negative, indicating that the company is not generating sufficient cash to cover its capital expenditures. There is a slight improvement in free cash flow growth, but the overall cash flow position remains concerning.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
197.00K285.00K0.00-43.40K0.0059.30K
Gross Profit
45.00K85.00K0.00-43.40K0.0055.62K
EBIT
-2.96M-2.47M-13.26M-968.91K-933.62K
EBITDA
-2.58M-2.08M-2.55M-1.60M-589.58K-598.65K
Net Income Common Stockholders
-3.48M-2.42M-13.57M-3.28M-1.17M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.25M411.00K876.46K1.32M486.03K546.44K
Total Assets
5.02M4.27M4.79M2.12M5.08M7.03M
Total Debt
56.00K316.00K571.25K1.22M621.73K197.94K
Net Debt
-1.19M-95.00K-305.21K-100.14K135.70K-348.51K
Total Liabilities
1.36M1.39M1.53M46.84K1.50M567.65K
Stockholders Equity
2.73M2.88M2.34M2.07M3.58M6.46M
Cash FlowFree Cash Flow
-2.51M-2.55M-2.43M-404.75K-490.08K
Operating Cash Flow
-2.53M-2.54M-2.37M-386.94K-296.29K
Investing Cash Flow
25.00K-11.00K325.46K-72.03K-194.91K
Financing Cash Flow
3.50M2.08M2.56M2.42M367.77K761.78K

Beyond Oil Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.76
Price Trends
50DMA
3.33
Positive
100DMA
2.58
Positive
200DMA
2.03
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
50.34
Neutral
STOCH
45.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BOIL, the sentiment is Positive. The current price of 3.76 is above the 20-day moving average (MA) of 3.58, above the 50-day MA of 3.33, and above the 200-day MA of 2.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 45.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BOIL.

Beyond Oil Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
-186.19%30.82%-100.45%
55
Neutral
$7.12B3.39-6.24%6.01%-0.03%-52.30%
42
Neutral
C$18.66M11.42%-13.66%-25.60%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BOIL
Beyond Oil Ltd
3.85
3.10
413.33%
TSE:FOOD
Goodfood Market Corp
0.18
-0.14
-43.75%

Beyond Oil Ltd Corporate Events

Product-Related AnnouncementsBusiness Operations and Strategy
Beyond Oil Expands into France with FollowFood Partnership
Positive
Jan 31, 2025

Beyond Oil Ltd. has partnered with FollowFood to introduce its unique filtering powder to the French market, marking its first agreement in France. This move is part of Beyond Oil’s European growth strategy, capitalizing on France’s large food service market to meet the demand for health-conscious and sustainable solutions. The collaboration with FollowFood, a reputable player in the French food industry, is expected to drive significant interest and demand for Beyond Oil’s products, highlighting the company’s commitment to global expansion and sustainable innovation.

Business Operations and Strategy
Beyond Oil Secures Major U.S. Distribution Deal with Latitude Ltd.
Positive
Jan 24, 2025

Beyond Oil Ltd. has entered into a Master Distribution Agreement with Latitude Ltd., a New York-based distribution company, to boost its presence in the U.S. market with minimum purchase commitments of US$8.3 million in 2025. This partnership allows Beyond Oil to expand its reach efficiently, focusing on strategic deals with larger customers while Latitude handles smaller accounts, thereby ensuring broad market penetration and steady cash flow.

Product-Related AnnouncementsBusiness Operations and Strategy
Beyond Oil Enters Australian Market with Strategic Distribution Partnership
Positive
Jan 22, 2025

Beyond Oil Ltd. has signed a five-year distribution agreement with T&J Oil Pty Ltd., marking its entry into the Australian market. This partnership, valued at around US$4.9 million, involves T&J Oil distributing Beyond Oil’s proprietary oil treatment products to non-chain restaurants and local chains in Australia. The agreement includes minimum purchase commitments and the establishment of a dedicated training center to support sustainable practices in the food service industry.

Beyond Oil Expands Global Reach with Major Eastern European Partnership
Jan 16, 2025

Beyond Oil Ltd. has secured vendor approval from a major fast-food chain in Eastern Europe, marking a significant milestone in its global expansion strategy. The successful pilot program led to a 16-ton product rollout, unlocking recurring revenue opportunities and providing strategic market expansion across the chain’s 1,000+ locations. This achievement underscores Beyond Oil’s commitment to offering healthier, more sustainable frying solutions and highlights its unique value proposition in the food-tech sector.

Beyond Oil Expands U.S. Presence with Sus Hi Eatstation Partnership
Jan 14, 2025

Beyond Oil Ltd. has announced that Sus Hi Eatstation is the first U.S. customer to adopt its full oil management program, integrating the Beyond Oil product into its operations. This partnership marks a significant step in Beyond Oil’s expansion strategy in the U.S. market, as the program not only improves oil and food quality but also enhances operational efficiency, which could have positive implications for both companies and their stakeholders.

Beyond Oil Enters Mexican Market Through Strategic Partnership
Jan 6, 2025

Beyond Oil Ltd. has entered the Mexican frying market through a distribution agreement with Fármacy México, marking its first venture into Latin America. This expansion is a significant milestone in Beyond Oil’s global growth strategy, expected to enhance its market position and potentially bring health benefits to Mexican consumers.

Beyond Oil to Present at Investor Conference
Dec 4, 2024

Beyond Oil Ltd., a food-tech company focused on healthier and more sustainable fried foods, is set to present at The Benchmark Company’s Discovery One-on-One Investor Conference in New York City. The conference provides a platform for companies to engage directly with investors through personalized meetings, enhancing investment opportunities.

Beyond Oil Expands in U.S. with New Leadership
Dec 3, 2024

Beyond Oil Ltd, a food-tech innovation company, is making strides in the U.S. market with the launch of pilot programs and initial sales of its sustainable oil filtration technology. Under the leadership of newly appointed U.S. Sales Director Jason Hatfield, the company is partnering with significant U.S. clients to enhance operational efficiency and sustainability in the food service industry. With FDA clearance and other certifications, Beyond Oil is set to expand further in the growing U.S. food service market.

Beyond Oil Boosts Leadership and Global Growth
Nov 25, 2024

Beyond Oil Ltd. has appointed Aviran Fine as Chief Operating Officer to enhance its operational capabilities as the company expands globally. This strategic move follows recent successful market expansions and aims to strengthen Beyond Oil’s position in the global food-tech market. Additionally, Beyond Oil has engaged ARX Consulting Ltd. to support its international growth with advanced data and strategy services.

Beyond Oil Expands with Key Asia Market Entry
Nov 13, 2024

Beyond Oil Ltd. has made a significant move into the Asian market with its first direct sale to Hap Chan, a major restaurant chain in the Philippines. The order includes over 10,000 units of Beyond Oil’s innovative filter powder, aimed at enhancing oil usage efficiency and sustainability in Hap Chan’s kitchens. This milestone aligns with Beyond Oil’s global expansion goals, highlighting its commitment to improving health standards in the food industry.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.