Odd Burger Corporation (ODD) AI Stock Analysis

• Market Cap: C$17.72M
• Dividend Yield: N/A
• Average Volume (3M): 16.85K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.54
• Revenue Growth: -2.40%
• EPS Growth: 9.13%
• Country: CA
• Employees: 15
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): >-0.01
• Shares Outstanding: 98,435,020
• 10 Day Avg. Volume: 11,238
• 30 Day Avg. Volume: 16,851
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Odd Burger Corporation's overall stock score is primarily impacted by its poor financial performance, characterized by negative margins and high financial risk. Technical analysis provides a neutral outlook, while valuation metrics are unattractive due to negative earnings. The lack of earnings call and corporate events data limits additional insights.

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 generates revenue primarily through the sale of its plant-based food products at its company-owned and franchised restaurant locations. The company also earns money through the expansion of its franchise model, allowing third-party operators to run Odd Burger outlets, which provides an additional stream of royalty income. Furthermore, Odd Burger may explore partnerships with grocery retailers to distribute its branded packaged food products, thus reaching a wider audience. The company's focus on sustainability and health-conscious eating may also attract investments and grants from organizations supporting eco-friendly businesses, contributing to its overall earnings.

Odd Burger Corporation Financial Statement Overview

Summary

Odd Burger Corporation faces significant financial challenges across all verticals. Despite minor revenue growth, the company struggles with profitability and cash flow management. The balance sheet indicates high financial risk due to negative equity and high leverage. Overall, the financial health of the company is concerning, with a need for strategic improvements to stabilize and grow.

Income Statement

Odd Burger Corporation shows a slight revenue growth of 5.47% TTM, but the company is struggling with profitability. The gross profit margin is relatively low at 32.3%, and the net profit margin is significantly negative at -69.9%, indicating substantial losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet reveals financial instability with a negative stockholders' equity, resulting in a negative debt-to-equity ratio. The return on equity is positive due to negative equity, which is misleading. The equity ratio is also negative, indicating that liabilities exceed assets, posing a risk to financial health.

Cash Flow

Cash flow analysis shows a slight improvement in free cash flow growth at 3.41% TTM. However, both operating and free cash flows are negative, and the operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is slightly above 1, suggesting that free cash flow is closely aligned with net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.19M	3.10M	3.24M	2.95M	1.17M	1.07M
Gross Profit	1.01M	1.00M	843.84K	412.24K	-89.28K	-25.37K
EBITDA	-1.57M	-1.36M	-3.63M	-3.45M	-4.82M	-2.35M
Net Income	-2.14M	-2.13M	-4.60M	-4.29M	-5.17M	-2.78M
Balance Sheet
Total Assets	3.84M	3.80M	4.42M	5.22M	7.03M	1.16M
Cash, Cash Equivalents and Short-Term Investments	58.28K	61.47K	120.50K	436.08K	2.75M	453.32K
Total Debt	2.81M	3.02M	2.89M	2.28M	1.80M	1.20M
Total Liabilities	6.70M	7.27M	6.21M	4.17M	3.43M	4.52M
Stockholders Equity	-2.87M	-3.47M	-1.79M	1.05M	3.60M	-3.36M
Cash Flow
Free Cash Flow	-1.34M	-623.61K	-1.25M	-3.79M	-3.25M	-180.27K
Operating Cash Flow	-1.34M	-621.56K	-1.25M	-2.52M	-1.09M	-66.38K
Investing Cash Flow	388.61K	504.40K	102.30K	-936.90K	-1.51M	-113.89K
Financing Cash Flow	951.54K	58.13K	832.05K	1.14M	4.89M	401.92K

Odd Burger Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Positive
• 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 0.18 is below the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.01 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:ODD.

Odd Burger Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PZA	77 Outperform	514.31M	16.37	―	6.03%	-0.26%	-2.48%
ICE	75 Outperform	53.61M	14.25	8.66%	3.42%	8.43%	―
MTY	63 Neutral	871.85M	22.86	4.86%	3.33%	0.55%	-59.39%
ODD	44 Neutral	C$17.72M	―	―	―	-2.40%	9.13%
GIII	26 Underperform	25.56M	-7.82	―	―	―	47.52%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Odd Burger Corporation Corporate Events

Odd Burger Secures $2.5M Equity Financing for Expansion

Odd Burger Corporation has entered into an equity distribution agreement with Rockcliffe Capital to raise up to $2.5 million over 24 months, with an initial drawdown of $1.5 million. The funds will support growth initiatives, franchise development, retail distribution expansion, product development, and general working capital. The transaction involves a related party and is subject to TSXV approval, reflecting Odd Burger’s strategic efforts to enhance its market presence and operational capabilities.

Odd Burger Achieves Record Revenue and Positive EBITDA in Q3 2025

Odd Burger Corporation announced record revenue and positive EBITDA in its Q3 2025 financial results, marking a significant milestone in profitability. The company reported its highest quarterly revenue of $1,044,646, a 42.8% increase over Q2 2025, and achieved a positive EBITDA of $40,407, indicating profitable core operations. The results highlight growing demand for Odd Burger’s offerings and effective execution by the team, with improved gross margins and reduced net loss.

Odd Burger Expands in Edmonton and Appoints New CFO

Odd Burger Corporation has appointed Vasiliki McInnes as the new Chief Financial Officer, highlighting her significant contributions to the company’s financial operations and strategic vision. Additionally, Odd Burger is expanding its presence in Edmonton with the grand opening of its second location, reinforcing its mission to provide sustainable and ethical fast food options. The company also announced the refiling of its CFO certificate for Q2 2025 interim financial statements due to a clerical error, confirming compliance with TSX Venture Exchange requirements.

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.