Borealis Foods Inc. (BRLS)

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CIK 0001852973 · Nasdaq · Food and Kindred Products

  • Sector Manufacturing
  • Incorporated E9
  • Fiscal year ends Dec 31

In fiscal 2025, Borealis Foods Inc. reported revenue of $31.48M, up 8.2% from the prior year. The company ran a net loss, with a net margin of -60.3% and a gross margin of 11.2%. It held $52.57M in total assets against $71.80M in total liabilities.

Key ratios (FY2025)

11.2%
Gross margin
-35.1%
Operating margin
-60.3%
Net margin
+8.2%
Revenue growth (YoY)
Metric (FY)20252024202320222021
Revenue$31.48M$29.10M$29.98M
Cost of Revenue$26.57M$25.48M$31.29M
Gross Profit$3.51M$2.19M-$1.30M$175.95M$172.50M
Operating Income-$11.04M-$20.40M-$19.95M-$2.89M
Net Income-$18.98M-$25.33M-$27.48M-$302.5K
EPS (Diluted)$-0.89$-1.25$-2.56
Total Assets$52.57M$60.01M$65.79M$179.45M$177.49M
Total Liabilities$71.80M$60.70M$87.13M
Shareholders' Equity-$19.23M-$695.9K-$21.35M$4.64M$1.30M
Cash & Equivalents$64.0K$680.8K$1.12M
Operating Cash Flow-$6.60M-$15.09M-$18.01M-$2.11M
Capital Expenditures$1.65M$4.47M
Shares Outstanding21.43M20.31M10.75M