Borealis Foods Inc. (BRLSW)

0.03 -41.43% (-0.02)

Over 6M: -35.9%

2026-08-28
0.04 0.06 0.08
Feb Mar Apr May Jun Jul Aug

Financials Quarterly

Q2 '21 — Operating Cash Flow: 0 Q2 '21 — Net Income: 0 Q3 '21 — Operating Cash Flow: 39.4K Q3 '21 — Net Income: -7.3K Q4 '21 — Operating Cash Flow: -623.6K Q4 '21 — Net Income: -381.6K Q1 '22 — Operating Cash Flow: -173.1K Q1 '22 — Net Income: -551.2K Q2 '22 — Operating Cash Flow: -223.8K Q2 '22 — Net Income: -287.5K Q3 '22 — Operating Cash Flow: -269.8K Q3 '22 — Net Income: -227.3K Q4 '22 — Operating Cash Flow: -1.4M Q4 '22 — Net Income: 763.4K Q1 '23 — Revenue: 8.4M Q1 '23 — Operating Cash Flow: -5.9M Q1 '23 — Free Cash Flow: -6.8M Q1 '23 — Net Income: -5.9M Q2 '23 — Revenue: 6.8M Q2 '23 — Operating Cash Flow: -5.3M Q2 '23 — Free Cash Flow: -7.2M Q2 '23 — Net Income: -8.3M Q3 '23 — Revenue: 8.3M Q3 '23 — Operating Cash Flow: -4.8M Q3 '23 — Free Cash Flow: -5.5M Q3 '23 — Net Income: -6.6M Q4 '23 — Revenue: 7.5M Q4 '23 — Operating Cash Flow: -1.9M Q4 '23 — Free Cash Flow: -2.9M Q4 '23 — Net Income: -6.7M Q1 '24 — Revenue: 7.9M Q1 '24 — Operating Cash Flow: -6.8M Q1 '24 — Free Cash Flow: -7.3M Q1 '24 — Net Income: -8.4M Q2 '24 — Revenue: 5.5M Q2 '24 — Operating Cash Flow: -4.2M Q2 '24 — Free Cash Flow: -4.7M Q2 '24 — Net Income: -6.3M Q3 '24 — Revenue: 8.1M Q3 '24 — Operating Cash Flow: -3.3M Q3 '24 — Free Cash Flow: -3.7M Q3 '24 — Net Income: -4.8M Q4 '24 — Revenue: 7.1M Q4 '24 — Operating Cash Flow: -819.4K Q4 '24 — Free Cash Flow: -951.6K Q4 '24 — Net Income: -5.8M Q1 '25 — Revenue: 7.2M Q1 '25 — Operating Cash Flow: -1.4M Q1 '25 — Free Cash Flow: -1.4M Q1 '25 — Net Income: -4.2M Q2 '25 — Revenue: 7.2M Q2 '25 — Operating Cash Flow: -2.2M Q2 '25 — Net Income: -4.6M Q3 '25 — Revenue: 7.1M Q3 '25 — Operating Cash Flow: -190.6K Q3 '25 — Net Income: -3.8M Q4 '25 — Revenue: 10.3M Q4 '25 — Operating Cash Flow: -2.8M Q4 '25 — Net Income: -6.4M Q1 '26 — Revenue: 7.8M Q1 '26 — Operating Cash Flow: -122.9K Q1 '26 — Net Income: -3.5M -8M -4M 0 4M 8M 12M
Q3 '21 Q2 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q1 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-03-31, reported in USD. The newest fact in the filings is dated 2026-03-31, 152 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.4
OE margin -27.8%
Oper. margin -31.4%
Accruals -25.4%
EBITDA margin -26.0%
FCF margin -19.9%
Gross margin 10.6%
OCF margin -16.5%
Profit margin -56.5%
ROA -35.9%
OCF / EBIT —
ROCE —
ROE —
ROIC —

4 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.0
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.2
ND/EBITDA —
Current ratio 0.095×
Cash / Debt 0.052×
F-score 4.5 pts
Quick ratio 0.046×
Cash runway —
Debt / Eq —
Debt payback —
Equity / Assets —
Net debt / Eq —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.1
Sales/sh Y/Y +8.1%
Sales Q/Q +7.7%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Sales CAGR 4Y —

2 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.