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Goodfood Market Corp (TSE:FOOD)
TSX:FOOD
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Goodfood Market Corp (FOOD) Price & Analysis

454 Followers

FOOD Stock Chart & Stats

C$0.04
C$0.00(0.00%)
At close: 4:00 PM EDT
C$0.04
C$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Higher Revenue Per Active CustomerRising net sales per active customer to $382 reflects a deliberate shift to revenue quality over volume. Sustained higher basket sizes and fewer discounts improve customer lifetime value and per-order economics, which supports margin recovery and cash generation as marketing normalizes.
Underlying Gross Margin StrengthA TTM gross margin near 37% (and 30.6% in the quarter) indicates fundamentally recoverable unit economics. With disciplined cost control and restored scale, this gross margin provides a structural buffer to absorb fulfillment and logistics costs and underpins potential progress toward sustainable profitability.
Meaningful Deleveraging TrendDebt reduction from ~ $108M to ~$51M demonstrates tangible deleveraging versus peak stress. Paired with management's cash-first reset and cost controls, this improves refinancing flexibility and lowers downside intensity, strengthening the company's ability to execute a turnaround over coming quarters.
Bears Say
Negative Shareholders' EquityNegative shareholders' equity (about -$36.5M TTM) materially limits financial flexibility and raises solvency risk. It constrains equity-based capital raises, heightens sensitivity to further operating losses, and can force costly or dilutive recapitalizations that impair long-term strategic optionality.
Multi-year Revenue ContractionPersistent multi-year top-line decline reduces scale and fixed-cost absorption for a DTC meal model. Shrinking volumes drive higher per-order fulfillment costs, weaken negotiating leverage with suppliers, and make it harder to restore gross-to-operating margin conversion without a sustained recovery in customer count or order frequency.
Convertible Debt Overhang & Cash BurnA $44M convertible debt overhang plus recent TTM operating cash flow weakness (operating cash flow around -$3.7M; free cash flow ~- $4.0M) constrains strategic spending and increases refinancing risk. This combination limits runway for customer acquisition and fulfillment investments needed to regain scale.

Goodfood Market Corp News

FOOD FAQ

What was Goodfood Market Corp’s price range in the past 12 months?
Goodfood Market Corp lowest stock price was C$0.03 and its highest was C$0.38 in the past 12 months.
    What is Goodfood Market Corp’s market cap?
    Goodfood Market Corp’s market cap is C$2.99M.
      When is Goodfood Market Corp’s upcoming earnings report date?
      Goodfood Market Corp’s upcoming earnings report date is Nov 26, 2026 which is in 107 days.
        How were Goodfood Market Corp’s earnings last quarter?
        Goodfood Market Corp released its earnings results on Jul 21, 2026. The company reported C$0 earnings per share for the quarter, the consensus estimate of N/A by C$0.
          Is Goodfood Market Corp overvalued?
          According to Wall Street analysts Goodfood Market Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Goodfood Market Corp pay dividends?
            Goodfood Market Corp does not currently pay dividends.
            What is Goodfood Market Corp’s EPS estimate?
            Goodfood Market Corp’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Goodfood Market Corp have?
            Goodfood Market Corp has 99,663,900 shares outstanding.
              What happened to Goodfood Market Corp’s price movement after its last earnings report?
              Goodfood Market Corp reported an EPS of C$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went down -63.333%.
                Which hedge fund is a major shareholder of Goodfood Market Corp?
                Currently, no hedge funds are holding shares in TSE:FOOD
                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

                  Goodfood Market Corp

                  Goodfood Market Corp. is a Canadian online grocery service that delivers fresh meals and a wide array of grocery products across the country. Its offerings encompass numerous ready-to-eat items, including baked goods, desserts, meats and seafood, beverages, pantry essentials, fresh produce, snacks, dairy products, frozen foods, and kitchen supplies. Additionally, the company provides "Yumm," a budget-friendly meal kit specifically aimed at cost-conscious consumers. As of August 31, 2021, Goodfood Market Corp. served approximately 298,000 active subscribers. The company is headquartered in Saint-Laurent, Canada.

                  Goodfood Market Corp (FOOD) Earnings & Revenues

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