Big Rock Brewery (BR) AI Stock Analysis

• Market Cap: C$26.35M
• Dividend Yield: N/A
• Average Volume (3M): 4.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: 21.12%
• EPS Growth: -102.58%
• Country: CA
• Employees: 92
• Sector: Consumer Defensive
• Sector Strength: 49
• Industry: Beverages - Alcoholic
• EPS (TTM): 0.01
• Shares Outstanding: 24,397,842
• 10 Day Avg. Volume: 7,912
• 30 Day Avg. Volume: 4,819
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.00
• Price Target Upside: -7.41% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: C$1.00 ▼(-7.41% Downside)

Big Rock Brewery's stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis indicates a bearish trend, further weighing on the score. Valuation metrics are unfavorable due to negative earnings and lack of dividends, contributing to a lower overall score.

Big Rock Brewery Business Overview & Revenue Model

Company Description

Big Rock Brewery Inc. produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company operates through two segments, Wholesale and Retail. It offers a selection of beer, ciders, and RTD beverages under the Big Rock, Tree Brewing, Rock Creek Cider, Dukes Cider, AGD, Shaftbury, Bow Valley, White Peaks, and Cottage Springs brands. The company also provides apparel and accessories, including jackets, headwear, sweaters, glassware, belt buckles, and coolers. It sells its products to provincial liquor boards, grocery chains, on-premise and contract manufacturing customers; and through premises owned and/or operated by the Corporation, Big Rock's website, and third-party delivery services. Big Rock Brewery Inc. was founded in 1985 and is headquartered in Calgary, Canada.

How the Company Makes Money

Big Rock Brewery generates revenue primarily through the sale of its craft beers and ciders. Its key revenue streams include direct sales to consumers via its taprooms and online store, as well as wholesale distribution to liquor stores, bars, and restaurants across Canada. The company also engages in contract brewing services, leveraging its production facilities to brew beer for other brands, which contributes to its earnings. Significant partnerships with local and national distributors enhance its market reach and availability. Additionally, the brewery hosts events and tours, providing an experiential source of revenue that promotes brand loyalty and engagement with craft beer enthusiasts.

Big Rock Brewery Financial Statement Overview

Summary

Big Rock Brewery faces significant financial challenges with negative profitability and cash flow issues. Despite some revenue growth, the company struggles with operational inefficiencies and liquidity concerns. The balance sheet shows a reasonable equity ratio, but high debt levels and negative return on equity highlight financial instability.

Income Statement

Big Rock Brewery's income statement highlights challenges with profitability. The TTM (Trailing-Twelve-Months) shows a gross profit margin of 27.6% which is decent, but the net profit margin is significantly negative at -22.7%, indicating ongoing losses. Revenue growth from 2024 to 2025 is 6.0%, showing some improvement, but EBIT and EBITDA margins are deeply negative, reflecting operational inefficiencies. Overall, the company struggles with profitability despite some revenue growth.

Balance Sheet

The balance sheet reveals a moderate financial structure with a debt-to-equity ratio of 30.6% for TTM, indicating manageable leverage compared to equity. However, return on equity is negative at -40.8%, highlighting significant losses against shareholder investments. The equity ratio is 60.9%, suggesting that equity constitutes a substantial portion of the company's financing. Despite a decent equity ratio, the financial health is undermined by persistent losses.

Cash Flow

Cash flow analysis shows weak operational cash generation with a negative operating cash flow. The free cash flow growth rate deteriorated further by 59.1% from 2024 to TTM, reflecting severe cash management issues. The operating cash flow to net income ratio is negative, indicating cash outflows exceeding net losses. The company faces significant challenges in converting its operations into cash, raising concerns about liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.20M	43.36M	43.68M	47.10M	45.98M	43.98M
Gross Profit	13.72M	10.71M	12.95M	10.48M	14.82M	16.48M
EBITDA	-6.45M	-7.97M	2.62M	-4.20M	632.00K	3.62M
Net Income	-10.38M	-13.47M	-2.93M	-7.10M	-3.26M	-666.00K
Balance Sheet
Total Assets	46.65M	40.06M	52.79M	51.63M	54.82M	51.95M
Cash, Cash Equivalents and Short-Term Investments	631.00K	372.00K	1.04M	612.00K	228.00K	252.00K
Total Debt	10.99M	18.90M	19.59M	17.52M	14.58M	9.06M
Total Liabilities	20.75M	30.87M	30.27M	26.42M	23.12M	17.13M
Stockholders Equity	25.91M	9.20M	22.53M	25.20M	31.70M	34.82M
Cash Flow
Free Cash Flow	-6.61M	-4.81M	-2.63M	-2.62M	-7.37M	3.08M
Operating Cash Flow	-4.43M	-1.49M	-2.36M	-1.33M	962.00K	4.33M
Investing Cash Flow	-140.00K	-479.00K	827.00K	-966.00K	-5.25M	-1.25M
Financing Cash Flow	4.31M	1.30M	1.96M	2.69M	4.26M	-3.18M

Big Rock Brewery Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.08
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BR, the sentiment is Neutral. The current price of 1.08 is above the 20-day moving average (MA) of 1.06, above the 50-day MA of 1.07, and below the 200-day MA of 1.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.16 is Neutral, neither overbought nor oversold. The STOCH value of 56.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BR.

Big Rock Brewery Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$20.44B	14.73	-2.84%	3.14%	2.04%	-6.12%
SWP	59 Neutral	C$40.56M	29.68	2.42%	―	41.69%	134.37%
BR	45 Neutral	C$26.35M	―	-45.55%	―	21.12%	-102.58%
FARM	40 Underperform	C$8.31M	―		―	-15.73%	-45.92%
DWS	―	C$10.85M	―	-0.37%	―	―	―
TPX.A	―	C$13.76B	10.67	8.50%	―	―	―
VDKA.H	―	C$524.89K	―		―	―	―

Big Rock Brewery Corporate Events

Big Rock Brewery Sees 45% Surge in Q2 Sales Volumes

Big Rock Brewery Inc. reported a significant increase in its financial performance for the second quarter of 2025, with sales volumes up by 45.3% and net revenue increasing by 34.2% compared to the same period in 2024. The company achieved a positive Adjusted EBITDA of $1.0 million, reflecting a substantial improvement in profitability. This growth is attributed to the doubling of contract sales volumes and a 20.2% rise in wholesale volumes. The company is celebrating its 40th anniversary and has launched new branding and an updated product portfolio, which have contributed to its success despite economic challenges.

Big Rock Brewery Secures Shareholder Approval for Key Resolutions

Big Rock Brewery Inc. announced the successful approval of all resolutions at its annual general and special meeting of shareholders. Key resolutions included the appointment of four directors, approval of unallocated stock options and restricted share unit awards, and the appointment of MNP LLP as auditors. This outcome reinforces Big Rock’s governance and operational strategies, potentially strengthening its position in the craft beer market.

Big Rock Brewery Reports Robust Q1 2025 Results with 51% Sales Surge

Big Rock Brewery Inc. has announced a significant improvement in its financial performance for the first quarter of 2025, with a 51% increase in sales volumes and a 30.5% rise in net revenue compared to the same period in 2024. The company’s strategic focus on growing contract sales volumes has led to enhanced operational efficiencies and profitability, despite economic challenges and changes in the Alberta Markup Share. The management is actively working to mitigate the impact of global tariffs, positioning the company for continued growth.