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Cult Food Science Corp. (TSE:CULT)
:CULT

Cult Food Science Corp. (CULT) AI Stock Analysis

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Cult Food Science Corp.

(CULT)

Rating:33Underperform
Price Target:
Cult Food Science Corp.'s overall stock score reflects significant financial difficulties, primarily driven by negative profitability and cash flow challenges. Despite a strong equity position, the company's reliance on external financing and lack of revenue growth are major concerns. Technical indicators show some short-term positive momentum, but long-term caution remains due to the negative P/E ratio and lack of dividends, making the stock less attractive to investors.

Cult Food Science Corp. (CULT) vs. iShares MSCI Canada ETF (EWC)

Cult Food Science Corp. Business Overview & Revenue Model

Company DescriptionCult Food Science Corp. is a venture capital firm specializing in incubation, seed/startup, early stage, mid venture, late venture, emerging growth and growth capital investments. The firm seeks to invest in companies operating in the food sectors. It does not have significant operations. It intends to acquire or participate in new assets or businesses. Previously, the company was engaged in the provision of freight, reloading, and warehousing services. Cult Food Science Corp. was formerly known as Triangle Industries Ltd. and changed its name to Cult Food Science Corp. in July 2021. Cult Food Science Corp. was incorporated in 1983 and is based in Toronto, Canada with an additional office in Vancouver, Canada.
How the Company Makes MoneyCult Food Science Corp. makes money primarily through strategic investments and partnerships within the cellular agriculture industry. The company generates revenue by investing in startup companies and technologies that are pioneering advancements in lab-grown foods. CULT earns returns on these investments as the companies they support succeed and grow. Additionally, CULT may engage in licensing agreements and collaborations that bring additional revenue through royalties or shared profits. The company's earnings are further supported by its capacity to attract investors interested in sustainable food solutions and the future of food technology.

Cult Food Science Corp. Financial Statement Overview

Summary
Cult Food Science Corp. faces significant financial challenges across all key financial statements. The income statement reveals persistent losses, the balance sheet reflects a strong equity base but no profitability, and the cash flow statement highlights reliance on external funding. Without revenue growth and improved cash management, financial sustainability remains uncertain.
Income Statement
15
Very Negative
Cult Food Science Corp. has consistently struggled with profitability, as indicated by negative gross profit and net income margins in the TTM period. Revenue has also been negative, showing no growth. The EBIT and EBITDA margins are similarly negative, indicating operational challenges.
Balance Sheet
35
Negative
The company has a relatively strong equity position with no debt, reflected in a favorable debt-to-equity ratio. However, the negative net income results in a negative return on equity, showing inefficiency in generating profit from shareholder investments. The equity ratio is solid, indicating that most assets are financed by equity.
Cash Flow
20
Very Negative
Cult Food Science Corp. has negative operating and free cash flows, indicating cash management issues and insufficient cash generation to cover liabilities or reinvest. The company relies heavily on external financing, as shown by substantial financing cash flow, which poses a risk if such financing is not sustained.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
-640.40K-681.90K-171.83K0.000.000.00
Gross Profit
-641.73K-681.90K-174.98K-4.49K-6.44K-9.19K
EBIT
-2.04M-2.66M-5.72M-2.55M-103.52K-240.90K
EBITDA
-2.67M-2.60M-5.65M-2.50M-88.47K-220.45K
Net Income Common Stockholders
-1.99M-2.65M-6.04M-2.55M-207.61K-238.01K
Balance SheetCash, Cash Equivalents and Short-Term Investments
63.80K170.0057.84K2.02M1.73K672.00
Total Assets
5.62M4.39M4.59M6.45M16.74K125.00K
Total Debt
0.0043.49K0.000.0021.21K0.00
Net Debt
-63.80K43.32K-57.84K-2.02M19.48K-672.00
Total Liabilities
132.94K399.30K118.79K218.17K139.55K41.41K
Stockholders Equity
5.49M3.99M4.47M6.23M-122.81K83.59K
Cash FlowFree Cash Flow
-1.45M-1.49M-3.16M-1.64M-18.95K-214.41K
Operating Cash Flow
-1.45M-1.49M-3.16M-1.64M-18.95K-214.41K
Investing Cash Flow
-743.59K0.00-238.45K-3.50M0.00-100.00K
Financing Cash Flow
2.25M1.43M1.20M7.16M20.00K13.00K

Cult Food Science Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.04
Negative
200DMA
0.05
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
35.30
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CULT, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.30 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CULT.

Cult Food Science Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$8.92B15.034.68%6.11%3.59%-2.49%
41
Neutral
C$926.08K49.10%-6.24%81.75%
33
Underperform
C$1.87M-185.93%48.34%
C$1.62M-113.86%
$3.74M-351.09%
C$2.24M
27
Underperform
C$4.37M
-97.30%39.70%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CULT
Cult Food Science Corp.
0.02
-0.28
-93.33%
TSE:BITE
Blender Bites
0.15
-1.25
-89.29%
TSE:MEAT
Modern Meat
0.08
-0.24
-75.00%
BABYF
Else Nutrition Holdings Inc
0.01
-0.14
-93.33%
TSE:MOOO
Happy Supplements Inc.
0.20
-0.92
-82.14%
TSE:PNGA
Pangea Natural Food, Inc.
0.32
0.20
166.67%

Cult Food Science Corp. Corporate Events

CULT Food Science Expands Noochies! Internationally
Jan 16, 2025

CULT Food Science Corp.’s subsidiary, Further Foods, has announced the international expansion of its Noochies! pet food products, securing initial orders from distributors in Singapore, Europe, and Canada. This move is a significant milestone in the company’s growth strategy, emphasizing its commitment to ethical and sustainable food production. The expansion reflects the brand’s increasing global appeal and aligns with the rising consumer demand for high-protein, nutrient-rich pet foods made without animal products.

CULT Food Science’s Noochies! Expands Internationally with New Distribution Deals
Jan 15, 2025

CULT Food Science Corp.’s subsidiary, Further Foods, has announced the expansion of its Noochies! product line with initial orders secured from distributors in Singapore, Europe, and Canada. This international expansion is a pivotal moment for the company, aligning with its growth strategy to meet the rising global demand for sustainable, high-quality pet nutrition. The expansion underscores Noochies!’ commitment to ethical innovation and sustainability, offering high-protein, nutrient-rich pet food alternatives without relying on factory farming, further broadening its appeal in markets interested in plant-based and lab-grown food products.

CULT Food Science Embraces Crypto for Noochies!
Jan 3, 2025

CULT Food Science Corp.’s subsidiary, Noochies!, now accepts cryptocurrency payments including Bitcoin, Ethereum, Solana, and Dogecoin, expanding its consumer reach. Additionally, Noochies! has been recognized with a Pet Business Industry Award for its Sprinkles line and will showcase its products at industry events in 2025.

Cult Food Science Embraces Crypto and Wins Award
Jan 3, 2025

Cult Food Science Corp.’s subsidiary, Further Foods, has announced that their Noochies! products can now be purchased using popular cryptocurrencies like Bitcoin, Ethereum, Solana, and Dogecoin. This move aims to broaden their consumer base and maintain a leading edge in innovation. Additionally, Noochies! has been recognized with a Pet Business Industry Award for its Sprinkles line, showcasing its commitment to excellence.

Cult Food Science Expands with Innovative Meat Partnership
Dec 20, 2024

Cult Food Science Corp. is making strategic moves in the food tech industry with its acquisition target, The Better Butchers Inc., signing a Letter of Intent with Genuine Taste to develop a hybrid meat product using cultivated fat. This collaboration is expected to position The Better Butchers at the forefront of innovation in the global food industry. The move aligns with Cult Food Science’s vision of reshaping the food landscape through lab-grown meat and cellular agriculture.

CULT Food Science Secures Financing via Debenture Units
Dec 20, 2024

CULT Food Science Corp. has successfully secured $375,000 through a private placement of convertible debenture units, with Plaza Capital as the lead investor. This financing involves debentures convertible into common shares and warrants, allowing investors to participate in the company’s future growth. The debentures offer a 12% annual interest rate, adding an attractive feature for potential investors.

CULT Food Science Secures $375,000 in Debt Financing
Dec 20, 2024

CULT Food Science Corp. has successfully completed a convertible debt financing, raising $375,000 through a private placement led by Plaza Capital. The financing includes convertible debentures and share purchase warrants, offering investors a potential stake in the company’s innovative food technology platform.

Cult Food Science to Acquire The Better Butchers
Dec 11, 2024

Cult Food Science Corp. is set to acquire The Better Butchers Inc., a leading innovator in meat alternatives, through a binding letter of intent. The acquisition promises to enhance Cult Food Science’s position in the alternative protein market by leveraging The Better Butchers’ expertise in creating nutritious and flavorful meat substitutes.

Cult Food Science Celebrates Cultivated Meat Advances
Dec 5, 2024

Cult Food Science Corp. celebrates the regulatory approval of lab-grown foie gras in Hong Kong, marking a significant step towards global acceptance of cultivated meat. The company also highlights breakthroughs in cost parity for cultivated chicken by Israeli startup Supermeat, and sustainable meat production by Czech biotech Bene Meat Technologies.

Cult Food Science Highlights Advances in Cultivated Meats
Dec 5, 2024

Cult Food Science Corp. celebrates the regulatory approval of cultivated foie gras by Vow in Hong Kong, marking a significant step in the global acceptance of lab-grown meats. The company also highlights Supermeat’s breakthrough in achieving cost parity for its cultivated chicken, potentially transforming the meat industry with sustainable solutions.

Cult Food Science Applauds Venture Arm Successes
Nov 27, 2024

Cult Food Science Corp. celebrates the achievements of its venture arm companies, including Opalia Foods being named a finalist for Startup of the Year and Melibio securing $10 million in funding. Other notable accomplishments include Jellatech opening a new facility to expand collagen manufacturing and California Cultured receiving strategic investment from Puratos.

Cult Food Science Celebrates Venture Arm Successes
Nov 27, 2024

Cult Food Science Corp. celebrates significant achievements by its venture arm companies in the cellular agriculture and lab-grown meat sectors. Notable milestones include strategic investments and expansions by Melibio, California Cultured, and Jellatech, as well as Opalia Foods being named a finalist for a prestigious startup award. These developments highlight Cult’s pioneering role in reshaping the global food industry.

Cult Food Science Subsidiary at National Dog Show
Nov 7, 2024

Cult Food Science’s subsidiary, Further Foods, is set to showcase its Noochies! dog snacks and supplements at the prestigious National Dog Show in Philadelphia, anticipating over 12,000 attendees. This event, broadcast nationwide on Thanksgiving Day, offers a prime opportunity for exposure to millions of viewers.

Cult Food Science’s Noochies! at Major Dog Show
Nov 7, 2024

Cult Food Science Corp.’s subsidiary, Further Foods, is set to showcase its Noochies! brand at the National Dog Show in Philadelphia, a major event expected to attract over 12,000 attendees. The show, broadcast nationwide on NBC, offers a significant platform for promoting Noochies! dog snacks and the new Sprinkles supplements line. This exposure to a broad audience, including influencers and retailers, could boost the brand’s visibility and sales.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.