Odd Burger Corporation (ODD) AI Stock Analysis

• Market Cap: C$17.23M
• Dividend Yield: N/A
• Average Volume (3M): 24.71K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.50
• Revenue Growth: -6.91%
• EPS Growth: 31.42%
• Country: CA
• Employees: 15
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Restaurants
• EPS (TTM): >-0.01
• Shares Outstanding: 98,435,020
• 10 Day Avg. Volume: 27,147
• 30 Day Avg. Volume: 24,709
• PEG Ratio: 0.22
• Price to Book (P/B): 27.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.48
• 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

• Rating: 38 Underperform
• Price Target: C$0.00 ▼(-100.00%Downside)

Odd Burger Corporation's overall stock score is primarily impacted by its weak financial performance and bearish technical indicators, reflecting ongoing profitability and liquidity challenges. While the corporate events indicate potential growth opportunities, the current financial and technical conditions pose significant risks.

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 faces significant financial challenges, marked by consistent losses, high leverage, and poor cash flow generation. The negative net profit margin and equity suggest potential solvency risks, requiring strategic changes or capital restructuring to improve financial health.

Income Statement

Odd Burger Corporation shows a volatile financial performance with consistent negative net income and EBIT, pointing to ongoing losses. The company demonstrated a gross profit margin of 20.1% TTM, but the negative net profit margin of -68.7% highlights severe profitability issues. Revenue growth is stagnant, with recent declines compared to past periods, indicating potential challenges in sustaining sales growth.

Balance Sheet

The balance sheet reflects significant financial distress, with a negative stockholders' equity of -$3.3M and a high debt-to-equity ratio that cannot be calculated due to negative equity. The total debt of $2.9M surpasses equity, indicating heavy reliance on debt financing. A negative equity ratio suggests the company is highly leveraged, posing a risk to financial stability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flow, suggesting liquidity challenges. Operating cash flow to net income ratio is negative, indicating operational inefficiencies. The free cash flow to net income ratio also highlights cash flow difficulties, resulting in a need for external financing to sustain operations.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	3.09M	3.10M	3.24M	2.95M	1.17M	1.07M
Gross Profit	623.15K	1.00M	843.84K	412.24K	-89.28K	-25.37K
EBITDA	-1.45M	-1.36M	-3.63M	-3.45M	-4.82M	-2.35M
Net Income	-2.12M	-2.13M	-4.60M	-4.29M	-5.17M	-2.78M
Balance Sheet
Total Assets	3.81M	3.80M	4.42M	5.22M	7.03M	1.16M
Cash, Cash Equivalents and Short-Term Investments	7.19K	61.47K	120.50K	436.08K	2.75M	453.32K
Total Debt	2.92M	3.02M	2.89M	2.28M	1.80M	1.20M
Total Liabilities	7.11M	7.27M	6.21M	4.17M	3.43M	4.52M
Stockholders Equity	-3.30M	-3.47M	-1.79M	1.05M	3.60M	-3.36M
Cash Flow
Free Cash Flow	-557.63K	-623.61K	-1.25M	-3.79M	-3.25M	-180.27K
Operating Cash Flow	-556.78K	-621.56K	-1.25M	-2.52M	-1.09M	-66.38K
Investing Cash Flow	275.65K	504.40K	102.30K	-936.90K	-1.51M	-113.89K
Financing Cash Flow	233.87K	58.13K	832.05K	1.14M	4.89M	401.92K

Odd Burger Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.20, below the 50-day MA of 0.22, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.04 is Neutral, neither overbought nor oversold. The STOCH value of 16.50 is Positive, 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	72 Outperform	C$55.35M	20.03	5.42%	4.14%	9.07%	124.97%
Sector *	56 Neutral	HK$23.97B	4.08	-1.57%	8.88%	0.06%	-64.88%
ODD	38 Underperform	C$17.23M	―		―	-6.91%	31.42%
PZRIF		$364.42M	16.30	10.29%	6.15%	―	―
AEG		C$32.41M	―	6.54%	―	―	―
MTYFF		$687.58M	126.68	1.11%	3.24%	―	―
GIII	26 Underperform	C$24.95M	―	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.

Odd Burger Enhances AI Integration with New Board Appointment and Chatbot Launch

Odd Burger Corporation has appointed AI expert Graham Taylor to its board of directors, highlighting the company’s commitment to integrating artificial intelligence into its operations. This strategic move is expected to enhance Odd Burger’s technology platforms, potentially improving its market positioning in the fast-food industry. Additionally, the company has launched an AI chatbot to automate customer support, franchise sales, and investor relations, aiming to improve efficiency and response times. These developments underscore Odd Burger’s focus on leveraging AI to gain a competitive edge in the marketplace.