Odd Burger Corporation (ODD) AI Stock Analysis

• Market Cap: C$16.24M
• Dividend Yield: N/A
• Average Volume (3M): 20.49K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.59
• Revenue Growth: -6.91%
• EPS Growth: 31.42%
• Country: CA
• Employees: 15
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Restaurants
• EPS (TTM): >-0.01
• Shares Outstanding: 98,435,020
• 10 Day Avg. Volume: 18,556
• 30 Day Avg. Volume: 20,486
• PEG Ratio: -6.24
• Price to Book (P/B): -6.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.64
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 39 Underperform
• Price Target: C$0.00 ▼(-100.00%Downside)

The overall score reflects significant financial weaknesses and bearish technical indicators, which are only partially offset by positive corporate events potentially enhancing distribution and revenue. The poor financial performance and valuation remain critical concerns.

Odd Burger Corporation Business Overview & Revenue Model

Company Description

Odd Burger Corporation operates as a plant-based technology company in Canada. It manufactures and distributes plant-based proteins and dairy alternatives through a food service product line that is used at corporate owned and franchised vegan restaurant locations. The company was founded in 2014 and is headquartered in London, Canada.

How the Company Makes Money

Odd Burger Corporation generates revenue primarily through the sale of its plant-based menu items at its fast-food restaurant locations. The company operates a chain of restaurants where customers can purchase meals directly. Additionally, Odd Burger may have franchising opportunities, allowing franchisees to open their own locations under the Odd Burger brand, which would provide another stream of income through franchise fees and royalties. Partnerships with food delivery services can also contribute to earnings by expanding the reach of their products to a broader audience. Overall, their revenue model focuses on direct consumer sales, franchising, and strategic partnerships to drive growth and profitability.

Odd Burger Corporation Financial Statement Overview

Summary

Odd Burger Corporation is in a precarious financial position with challenges in profitability, solvency, and cash management. The company has negative net income, declining revenues, a weak balance sheet with negative equity, and negative cash flow, indicating significant operational inefficiencies.

Income Statement

Odd Burger Corporation shows a struggling financial performance with consistent negative net income, declining revenues in recent periods, and negative EBIT and EBITDA margins. The gross profit margin is positive but overshadowed by significant operating losses. Revenue growth is inconsistent, indicating potential operational challenges.

Balance Sheet

The balance sheet reveals a weak financial structure with negative stockholders' equity indicating insolvency. The debt levels are high, contributing to a negative equity ratio. The company's return on equity is not calculable due to negative equity, which is a critical concern for financial stability.

Cash Flow

Cash flow analysis shows negative operating and free cash flow, signaling liquidity issues. There is a consistent cash flow deficit, though financing activities provide temporary relief. The company faces challenges in generating cash from operations relative to net income.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	3.10M	3.24M	2.95M	1.17M	1.07M
Gross Profit	1.00M	843.84K	412.24K	-89.28K	-25.37K
EBITDA	-1.36M	-3.63M	-3.45M	-4.82M	-2.35M
Net Income	-2.13M	-4.60M	-4.29M	-5.17M	-2.78M
Balance Sheet
Total Assets	3.80M	4.42M	5.22M	7.03M	1.16M
Cash, Cash Equivalents and Short-Term Investments	61.47K	120.50K	436.08K	2.75M	453.32K
Total Debt	3.02M	2.89M	2.28M	1.80M	1.20M
Total Liabilities	7.27M	6.21M	4.17M	3.43M	4.52M
Stockholders Equity	-3.47M	-1.79M	1.05M	3.60M	-3.36M
Cash Flow
Free Cash Flow	-623.61K	-1.25M	-3.79M	-3.25M	-180.27K
Operating Cash Flow	-621.56K	-1.25M	-2.52M	-1.09M	-66.38K
Investing Cash Flow	504.40K	102.30K	-936.90K	-1.51M	-113.89K
Financing Cash Flow	58.13K	832.05K	1.14M	4.89M	401.92K

Odd Burger Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ODD, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.20, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.24 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ODD.

Odd Burger Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ICE	75 Outperform	C$59.22M	21.43	5.42%	3.35%	9.07%	124.97%
Sector *	57 Neutral	HK$25.55B	4.08	-2.03%	5.79%	-0.31%	-67.64%
ODD	39 Underperform	C$16.24M	―		―	-6.91%	31.42%
PZRIF	―	$376.31M	16.70	10.29%	0.52%	―	―
AEG	―	C$31.56M	―	6.54%	―	―	―
MTYFF	―	$666.62M	24.80	4.59%	3.71%	―	―
GIII	26 Underperform	C$29.60M	―	93.93%	―	―	14.57%

Odd Burger Corporation Corporate Events

Odd Burger Expands Distribution Through Vegan Supply Partnership

Odd Burger Corporation has announced a partnership with Vegan Supply, a major online vegan grocery retailer in North America, to expand the distribution of its plant-based consumer packaged goods (CPG) line. This collaboration will make Odd Burger’s products available both online and in-store at Vegan Supply’s locations in British Columbia, increasing accessibility and supporting the growing demand for plant-based foods. The partnership is expected to enhance Odd Burger’s retail presence and align with Vegan Supply’s mission to provide accessible vegan products.

Odd Burger Secures National Listing with 7-Eleven Canada

Odd Burger Corporation has announced an exclusive national listing with 7-Eleven Canada for its retail product line, which includes four plant-based products. This partnership will see Odd Burger’s products available in over 500 7-Eleven locations across Canada by mid-June, with exclusive distribution in the convenience-store category for six months. This collaboration is expected to significantly boost Odd Burger’s production output and diversify its revenue sources, enhancing its industry positioning and providing more accessible plant-based food options to the public.

Odd Burger Expands Canadian Distribution with Dot Foods Deal

Odd Burger Corporation has announced a new distribution deal with Dot Foods Canada, which will significantly expand the reach of its plant-based products across Canada. This partnership will enhance Odd Burger’s ability to service national grocery and restaurant chains by providing a convenient distribution channel and a national pricing program. The deal is expected to simplify logistics and production processes, driving efficiency and potentially increasing revenue for the company.