Borealis Foods Inc. financial data

Symbol
BRLS, BRLSW on Nasdaq
Industry
Food and Kindred Products
Location
1540 Cornwall Rd. #104, Oakville, Ontario, Canada
State of incorporation
Cayman Islands
Fiscal year end
December 31
Former names
Oxus Acquisition Corp. (to 2/7/2024)
Latest financial report
10-K - Q4 2024 - Apr 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 55.3 % +161%
Quick Ratio 27.6 %
Debt-to-equity 740 %
Return On Equity -332 % -241%
Return On Assets -39.6 % +53.4%
Operating Margin -73.8 % -10.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.4M shares 0%
Common Stock, Shares, Outstanding 21.4M shares
Entity Public Float 41.9M USD
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 20.3M shares +88.9%
Weighted Average Number of Shares Outstanding, Diluted 20.3M shares +88.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 27.7M USD -7.72%
Revenue from Contract with Customer, Excluding Assessed Tax 8.08M USD -2.29%
Research and Development Expense 197K USD -57.2%
Selling and Marketing Expense 1.12M USD +260%
General and Administrative Expense 1.99M USD -28.7%
Operating Income (Loss) -20.4M USD -2.29%
Nonoperating Income (Expense) -1.21M USD +44%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.43M USD -42%
Income Tax Expense (Benefit) 832 USD
Net Income (Loss) Attributable to Parent -25.3M USD +7.83%
Earnings Per Share, Basic -2.26 USD/shares +49.7%
Earnings Per Share, Diluted -2.26 USD/shares +49.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 64K USD -93.3%
Accounts Receivable, after Allowance for Credit Loss, Current 1.97M USD +10.7%
Inventory, Net 8.05M USD +15.9%
Assets, Current 11.8M USD -31.3%
Property, Plant and Equipment, Net 46.1M USD
Operating Lease, Right-of-Use Asset 63.8K USD -41.2%
Intangible Assets, Net (Excluding Goodwill) 319K USD
Goodwill 1.92M USD 0%
Other Assets, Noncurrent 170K USD 0%
Assets 60M USD -8.79%
Accrued Liabilities, Current 3.43M USD +307%
Liabilities, Current 25.4M USD -62.3%
Deferred Income Tax Liabilities, Net 1.46M USD -6.79%
Operating Lease, Liability, Noncurrent 12K USD -83.1%
Other Liabilities, Noncurrent 7.6M USD
Liabilities 60.7M USD -30.3%
Retained Earnings (Accumulated Deficit) -90.8M USD -38.7%
Stockholders' Equity Attributable to Parent -696K USD +96.7%
Liabilities and Equity 60M USD -8.79%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.77M USD -14.5%
Net Cash Provided by (Used in) Financing Activities 7.85M USD -45.4%
Net Cash Provided by (Used in) Investing Activities -487K USD +47.1%
Common Stock, Shares, Issued 21.4M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 653K USD -91.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 651K USD +4.45%
Deferred Tax Assets, Valuation Allowance 22.2M USD +46.7%
Deferred Tax Assets, Gross 26.4M USD +40.3%
Operating Lease, Liability 67.1K USD -41.6%
Depreciation 994K USD +3.33%
Payments to Acquire Property, Plant, and Equipment 551K USD -40.2%
Lessee, Operating Lease, Liability, to be Paid 76.6K USD
Property, Plant and Equipment, Gross 59.3M USD
Operating Lease, Liability, Current 55.1K USD +25.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22.5K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 54.1K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.44K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 0 USD
Deferred Tax Assets, Operating Loss Carryforwards 26.2M USD +41.5%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 90.1M USD +104%
Depreciation, Depletion and Amortization 462K USD -53.7%
Share-based Payment Arrangement, Expense 1.27M USD +159%
Interest Expense 1.46M USD -4.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%