Nepra Foods (NPRA) AI Stock Analysis

• Market Cap: C$11.38M
• Dividend Yield: N/A
• Average Volume (3M): 53.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: 69.12%
• EPS Growth: 43.02%
• Country: CA
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): >-0.01
• Shares Outstanding: 113,576,540
• 10 Day Avg. Volume: 58,086
• 30 Day Avg. Volume: 53,007
• PEG Ratio: 0.06
• Price to Book (P/B): -2.57
• Price to Sales (P/S): 1.61
• P/FCF Ratio: -8.43
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.08 ▼(-36.67% Downside)

The score is held down primarily by weak financial health: persistent losses, negative margins, negative operating/free cash flow, and a high-risk balance sheet with negative equity. Technicals add further pressure with a clear downtrend and weak momentum. Valuation provides limited support because the company is unprofitable and no dividend yield is available.

Positive Factors

High Revenue Growth

Sustained, high top-line growth indicates strong product adoption and expanding distribution. Over 2-6 months this growth supports scaling benefits, improves bargaining leverage with retailers, and gives management time to address unit economics if cost control measures are implemented.

Diversified Sales Channels

Multiple revenue streams (retail, foodservice, direct e-commerce, ingredient partnerships) reduce concentration risk and enhance resilience to channel-specific shocks. Structurally this supports durable revenue capture and provides routes to scale B2B ingredient sales alongside consumer products.

Position in Growing Sector

Operating in the expanding plant‑based protein category supplies a multi-year secular demand tailwind. Structural dietary shifts and food-manufacturer interest in alternative ingredients increase addressable market and potential for long-term commercial partnerships and category expansion.

Negative Factors

Weak Balance Sheet

Negative equity and heavy debt create solvency and refinancing risk, constraining strategic flexibility. Over several months this limits investment in capacity or R&D, raises cost of capital, and increases vulnerability to revenue volatility or tighter credit conditions.

Persistent Negative Margins

Consistent losses across profitability metrics indicate structural cost or pricing issues. Without durable margin recovery, revenue growth may not translate into sustainable profitability, pressuring cash needs and hindering ability to reinvest for long-term competitiveness.

Negative Operating Cash Flow

Ongoing negative operating and free cash flow erodes runway and forces dependence on external funding. Even modest improvements are insufficient long-term; persistent cash burn can dilute shareholders, restrict capex, and impede the company’s ability to scale operations profitably.

Nepra Foods Business Overview & Revenue Model

Company Description

Nepra Foods (NPRA) is a food technology company focused on producing innovative plant-based food products. Operating primarily in the alternative protein sector, Nepra specializes in creating nutritious, sustainable food solutions that cater to the growing demand for plant-based diets. Their core product offerings include plant-based protein ingredients and ready-to-eat meals designed to meet the needs of health-conscious consumers and those with dietary restrictions.

How the Company Makes Money

Nepra Foods generates revenue through multiple streams, primarily by selling its plant-based food products to retail grocery chains, food service providers, and direct-to-consumer platforms. The company capitalizes on the increasing consumer shift towards plant-based diets, which allows it to tap into the expanding market for alternative proteins. Key revenue streams include wholesale distribution agreements with supermarkets and health food stores, e-commerce sales through its website, and partnerships with restaurants and meal kit companies. Additionally, Nepra may benefit from collaborations with food manufacturers looking to incorporate its proprietary ingredients into their products, further enhancing its revenue potential.

Nepra Foods Financial Statement Overview

Summary

Despite strong revenue growth (+183.5% latest year), profitability is persistently negative (gross, EBIT, EBITDA, and net margins). The balance sheet is a major risk with negative stockholders' equity and high leverage, and cash flow is also negative (operating and free cash flow), indicating weak financial stability.

Income Statement

Nepra Foods has shown significant revenue growth, with a 183.5% increase in the latest year. However, the company is struggling with negative margins across the board, including gross profit, net profit, EBIT, and EBITDA margins. The consistent negative profitability indicates operational challenges and cost management issues.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a high debt-to-equity ratio, indicating potential solvency risks. The equity ratio is also negative, reflecting a reliance on debt financing. Return on equity is negative, further highlighting profitability challenges.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, though there is a slight improvement in free cash flow growth. The ratios of cash flow to net income are positive, suggesting some efficiency in cash generation relative to net losses, but overall cash flow remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.48M	6.25M	4.16M	6.06M	6.05M	2.86M
Gross Profit	364.95K	-527.62K	-1.73M	-2.34M	753.09K	564.96K
EBITDA	-1.27M	-986.52K	-3.03M	-5.60M	-5.51M	-433.17K
Net Income	-2.68M	-2.34M	-4.54M	-6.65M	-7.08M	-610.26K
Balance Sheet
Total Assets	4.03M	4.20M	4.50M	6.29M	7.92M	1.51M
Cash, Cash Equivalents and Short-Term Investments	118.98K	44.74K	65.92K	89.53K	1.46M	492.98K
Total Debt	5.21M	5.56M	5.48M	4.26M	3.02M	1.29M
Total Liabilities	8.79M	8.12M	7.30M	5.89M	4.50M	1.81M
Stockholders Equity	-4.76M	-3.92M	-2.80M	406.75K	3.42M	-299.71K
Cash Flow
Free Cash Flow	-855.65K	-1.20M	-1.91M	-6.10M	-7.03M	-440.22K
Operating Cash Flow	-855.65K	-1.20M	-1.91M	-5.85M	-6.62M	-422.13K
Investing Cash Flow	49.19K	49.19K	-6.14K	-32.84K	-543.91K	-174.09K
Financing Cash Flow	918.82K	1.13M	1.89M	4.39M	8.28M	1.07M

Nepra Foods Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.12
• 50DMA: Negative
• 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:NPRA, the sentiment is Neutral. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.11, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.52 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NPRA.

Nepra Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BU	46 Neutral	C$24.62M	-1.87	-1208.82%	―	190.07%	-2.88%
MEAT	45 Neutral	C$1.48M	-2.91	―	―	-3.76%	86.34%
BABY	44 Neutral	C$3.74M	-0.26	-517.87%	―	-25.08%	65.57%
NPRA	41 Neutral	C$11.38M	-3.89	―	―	69.12%	43.02%
CULT	39 Underperform	C$758.38K	-0.09	-190.55%	―	―	-126.28%
PNGA	27 Underperform	C$6.84M	-1.78	-86.40%	―	-49.04%	15.66%

Nepra Foods Corporate Events

Nepra Foods’ CVO to Lead Gluten-Free Pretzel Training as Market Demand Rises

Nepra Foods announced that Chief Visionary Officer and Certified Master Baker Chadwick White will lead a gluten-free pretzel training session at Reading Bakery Systems’ 2026 Hands-On Pretzel Training Seminar, highlighting his two decades of experience and his role in developing a majority of the gluten-free pretzels currently on the market. The collaboration with Reading Bakery Systems, a major supplier of commercial baking equipment, is expected to strengthen Nepra’s positioning as a leader in gluten-free product development and ingredient applications, giving the company access to high-level industry partners and insights at a time when the North American pretzel and broader gluten-free snack markets are expanding and U.S. dietary guidelines are shifting toward higher-protein, whole-grain, and cleaner-label foods.

The most recent analyst rating on (TSE:NPRA) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Nepra Foods stock, see the TSE:NPRA Stock Forecast page.

Nepra Foods Hires Veteran Organic Trader Cotter Stern to Lead Ingredient Sales

Nepra Foods has appointed industry veteran Cotter Stern as Director of Ingredient Sales, a move aimed at capitalizing on rising demand for its specialty and allergen-free ingredient portfolio. With more than 15 years’ experience in organic food trading and global commodity markets, Stern is expected to strengthen Nepra’s supply chain reliability, deepen client relationships, and help convert growing market interest into recurring revenue streams as the company scales within the competitive CPG ingredients sector.

The most recent analyst rating on (TSE:NPRA) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Nepra Foods stock, see the TSE:NPRA Stock Forecast page.

Nepra Foods Inc. Achieves 49% Revenue Growth in First Half of Fiscal 2026

Nepra Foods Inc. reported a significant revenue growth of 49% year-over-year for the first half of fiscal 2026, reaching $3.74 million CAD. This growth was driven by increased sales of core custom starch ingredients and plant proteins to key commercial customers. The company also improved its gross margin to 33% from 20% in the previous year, attributed to optimized production processes and better sourcing of raw materials. Despite an increased net loss due to non-cash fair value adjustments, Nepra strengthened its cash position through equity issuances. The company remains focused on operational cash flow generation and strategic financing to support its expansion.