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Simply Better Brands Corp. (TSE:SBBC)
:SBBC
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Simply Better Brands (SBBC) AI Stock Analysis

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Simply Better Brands

(SBBC)

Rating:58Neutral
Price Target:
$1.00
▲(4.17%Upside)
Simply Better Brands' overall score is impacted by financial risks and valuation concerns. However, positive corporate events and stable technical indicators provide a counterbalance, suggesting potential for growth amid financial challenges.

Simply Better Brands (SBBC) vs. iShares MSCI Canada ETF (EWC)

Simply Better Brands Business Overview & Revenue Model

Company DescriptionSimply Better Brands Corp. (SBBC) is a consumer products company that focuses on health and wellness, beauty, and pet care sectors. The company is dedicated to developing, marketing, and distributing a portfolio of high-quality products that cater to the growing demand for natural, organic, and sustainable consumer goods. Its core product offerings include plant-based wellness supplements, skincare products, and specialty pet care items, designed to enhance consumers' well-being and lifestyle choices.
How the Company Makes MoneySBBC generates revenue through the sale of its diverse range of consumer products across multiple distribution channels, including e-commerce platforms, retail partnerships, and direct-to-consumer sales. By leveraging strategic marketing initiatives and a robust online presence, the company is able to reach a broad audience seeking natural and sustainable products. Key revenue streams include sales from its branded wellness supplements, beauty care lines, and pet care products. Additionally, collaborations with retail partners and other distribution agreements play a significant role in expanding its market reach and contributing to overall revenue growth.

Simply Better Brands Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue45.29M79.86M65.41M15.63M13.77M
Gross Profit13.27M46.86M44.56M9.71M8.97M
EBITDA-9.07M-18.23M-4.54M-8.06M1.50M
Net Income-377.01K-24.25M-12.35M-12.82M-2.20M
Balance Sheet
Total Assets25.71M19.54M36.63M21.81M12.09M
Cash, Cash Equivalents and Short-Term Investments7.06M2.33M2.34M2.23M8.31M
Total Debt7.51M19.44M19.15M20.66M16.45M
Total Liabilities24.43M27.18M25.49M23.86M25.80M
Stockholders Equity1.65M-3.63M12.59M-650.43K-14.43M
Cash Flow
Free Cash Flow1.14M-3.36M-5.09M-4.98M945.44K
Operating Cash Flow1.16M-3.36M-4.76M-4.98M945.44K
Investing Cash Flow-103.35K-3.91K3.35M-713.00K-1.77M
Financing Cash Flow3.41M3.33M1.49M-379.80K8.07M

Simply Better Brands Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$160.01M11.6415.63%28.97%112.89%
TSDB
71
Outperform
C$49.02M3.8320.78%-15.44%
TSXLY
70
Outperform
$193.62M8.9318.60%26.78%
65
Neutral
€15.09B13.05-4.03%3.85%-1.58%-101.37%
58
Neutral
$102.89M-273.69%-41.62%80.00%
52
Neutral
C$104.25M155.52%-0.38%30.79%
44
Neutral
$81.34M-39.53%29.90%55.23%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SBBC
Simply Better Brands
0.88
0.09
11.39%
TSE:XLY
Auxly Cannabis Group
0.15
0.12
400.00%
TSE:PLTH
Planet 13 Holdings
0.26
-0.41
-61.36%
TSE:DB
Decibel Cannabis Company
0.09
0.02
38.46%
TSE:LOVE
Cannara Biotech
1.72
1.12
186.67%
TSE:JUSH
Jushi Holdings
0.55
-0.21
-27.63%

Simply Better Brands Corporate Events

Business Operations and StrategyFinancial Disclosures
TRUBAR Inc. Announces Fiscal Q1 Results and Investor Webinar
Neutral
May 23, 2025

TRUBAR Inc. announced the release of its fiscal first quarter financial results for the period ending March 31, 2025, which will be available after market close on May 28, 2025. The company will host an investor webinar on May 29, 2025, to provide a corporate update and discuss these results. This announcement highlights TRUBAR’s commitment to transparency and engagement with its stakeholders, as it continues to focus on expanding its market presence and enhancing its product offerings.

The most recent analyst rating on (TSE:SBBC) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:SBBC Stock Forecast page.

Product-Related AnnouncementsExecutive/Board ChangesBusiness Operations and Strategy
Simply Better Brands Rebrands to TRUBAR Inc. with New Leadership
Positive
May 21, 2025

TRUBAR Inc., formerly Simply Better Brands Corp., has rebranded to align its corporate identity with its flagship brand, TRUBAR™, as it transitions into a pure-play branded snacking business. The rebranding also involves changes in management, with Kingsley Ward becoming Executive Chairman and Erica Groussman taking over as CEO, positioning the company for growth and expansion in the plant-based protein bar market. The experienced leadership team aims to drive long-term shareholder value and continue innovation in the better-for-you snacking space.

The most recent analyst rating on (TSE:SBBC) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:SBBC Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Simply Better Brands Announces Shareholder Meeting Results and New CEO Appointment
Positive
May 21, 2025

Simply Better Brands Corp. announced the results of its 2025 annual and special meeting of shareholders, where all proposed resolutions were approved, including the election of six directors and the re-appointment of auditors. Additionally, Erica Groussman was appointed as CEO, with a new employment agreement granting her 1,500,000 restricted share units as part of the company’s incentive plan, marking a strategic move in leadership to support the company’s growth and innovation objectives.

The most recent analyst rating on (TSE:SBBC) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:SBBC Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Simply Better Brands’ TRUBAR™ Joins Costco U.S. National Promotion
Positive
May 12, 2025

Simply Better Brands Corp. announced that its TRUBAR™ brand will be featured in Costco U.S.’s national multi-vendor mailer promotion from May 14th to June 8th, 2025. This inclusion marks the third consecutive year of national distribution through this channel, highlighting the brand’s top-selling bars and reinforcing its commitment to providing high-quality, plant-based snacks. The promotion is expected to enhance TRUBAR™’s visibility and distribution expansion, contributing to the company’s strategy of building partnerships and catering to the growing demand for alternative snacks.

The most recent analyst rating on (TSE:SBBC) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:SBBC Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Simply Better Brands Expands TRUBAR™ to Costco Mexico
Positive
Apr 28, 2025

Simply Better Brands Corp. has announced the launch of its TRUBAR™ product line in all Costco Warehouse Club locations across Mexico, marking the brand’s second international market entry following its introduction in Canada. This expansion into Mexico, Costco’s third-largest market, is a strategic move to increase consumer awareness and trial of their clean-ingredient snacks, furthering their global reach and catering to health-conscious consumers.

Business Operations and StrategyFinancial Disclosures
Simply Better Brands Reports 77% TRUBAR Revenue Surge and Rebrands to TRUBAR Inc.
Positive
Apr 22, 2025

Simply Better Brands Corp. reported a significant increase in revenue for fiscal 2024, driven by a 77% rise in TRUBAR™ sales, contributing to 96% of the company’s total revenue. The company plans to rebrand as TRUBAR Inc., focusing solely on its flagship brand, and has announced strategic expansions into major retailers like Sam’s Club and Target, indicating a strong market presence and growth potential.

Product-Related AnnouncementsBusiness Operations and Strategy
Simply Better Brands Expands TRUBAR Distribution to Target Stores
Positive
Apr 14, 2025

Simply Better Brands Corp. has announced the nationwide rollout of its TRUBAR protein bars in select Target stores and online at target.com. This expansion marks a significant step in the brand’s North American distribution strategy, adding to the 15,000 new distribution points secured in 2024. The inclusion of Target as a retail partner aligns with the company’s mission to provide convenient, healthy snacking options to a broader audience, further solidifying its position in the protein-based nutrition market.

Product-Related AnnouncementsFinancial Disclosures
Simply Better Brands’ TRUBAR™ Hits Record Sales Milestone
Positive
Apr 7, 2025

Simply Better Brands Corp. announced that its TRUBAR™ brand achieved a record milestone by surpassing $1.2 million in monthly direct-to-consumer sales in March 2025, marking a significant increase from the previous year. This growth was driven by the launch of four new flavors and strong performance on Amazon, highlighting the brand’s popularity and commitment to product innovation. The company will announce its fourth quarter and year-end 2024 financial results on April 22, 2025, followed by an investor webinar on April 23, 2025.

Business Operations and Strategy
Simply Better Brands to Showcase Growth at ROTH Conference 2025
Positive
Mar 10, 2025

Simply Better Brands Corp. announced its participation in the 37th Annual ROTH Conference, a premier event for growth sectors, where CEO J.R. Kingsley Ward will engage with investors and industry peers. The company will highlight its strategic initiatives and the success of its TRUBAR™ brand, while also supporting the Duane Roth Legacy Bicycle Ride, benefiting the Challenged Athletes Foundation.

Business Operations and StrategyFinancial Disclosures
Simply Better Brands Corp. Reports Robust Growth in DTC Sales for 2024
Positive
Mar 4, 2025

Simply Better Brands Corp. has announced significant growth in its direct-to-consumer sales for 2024, driven primarily by the success of its TRUBAR™ products on Amazon. The company reported a 365% increase in DTC sales from Q1 to Q4-2024, with continued strong performance into January 2025. The growth has led to two TRUBAR™ flavors being ranked among the top 15 trending bars in the Sports Nutrition Protein Bars category on Amazon. This momentum highlights the rising demand for ‘Better-for-You’ snacks and enhances the brand’s digital and retail presence.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 22, 2025