Income Statement Green Rise Foods Inc.

Stocks

GRF

CA39328G1072

Fishing & Farming

Delayed Toronto S.E. 11:07:09 14/08/2026 pm IST			5-day change	1st Jan Change
0.2600 ^CAD	+4.00%		+4.00%	+8.33%

04/08	Green Rise Foods Provides Update on Strategic Review	CI
04/08	Green Rise Foods Inc. Amends Credit Agreement	CI

397c6db.ZtNyvYGqvhOHxPzM-SQYo44ddSj8ZczCti9EIeSWHCQ.PKo7_Pn16knM8bOVtRB399hfRlimXaj27wIiU6KveEg2vgHQz-PwK_6TvQ

Published financial data: GREEN RISE FOODS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.77Cr	2.31Cr	2.65Cr	3.03Cr	3.19Cr
Total Revenues	1.77Cr	2.31Cr	2.65Cr	3.03Cr	3.19Cr
Cost of Goods Sold, Total	1.75Cr	2.24Cr	2.42Cr	2.51Cr	2.65Cr
Gross Profit	2L	7L	22.59L	51.41L	53.94L
Selling General & Admin Expenses, Total	29.27L	24.74L	22.8L	25.36L	32.03L
Depreciation & Amortization - (IS)	4L	4L	4L	4L	4L
Other Operating Expenses, Total	32.99L	28.48L	26.54L	28.91L	35.54L
Operating Income	-30.65L	-21.9L	-4L	22.5L	18.4L
Interest Expense, Total	-11.6L	-16.69L	-23.75L	-27.44L	-23.55L
Net Interest Expenses	-11.6L	-16.69L	-23.75L	-27.44L	-23.55L
Other Non Operating Income (Expenses)	-	22.81L	2L	8L	2L
EBT, Excl. Unusual Items	-42.25L	-15.78L	-25.63L	3L	-3L
Restructuring Charges	-	-	-	-	-1L
Merger & Related Restructuring Charges	-	-4L	-	-	-
Other Unusual Items	-	-	-3L	-2L	-1L
EBT, Incl. Unusual Items	-42.25L	-19.39L	-28.27L	1L	-6L
Income Tax Expense	-8L	-2L	-8L	48T	64T
Earnings From Continuing Operations	-34.15L	-17.68L	-20.53L	55T	-6L
Net Income to Company	-34.15L	-17.68L	-20.53L	55T	-6L
Net Income - (IS)	-34.15L	-17.68L	-20.53L	55T	-6L
Net Income to Common Incl Extra Items	-34.15L	-17.68L	-20.53L	55T	-6L
Net Income to Common Excl. Extra Items	-34.15L	-17.68L	-20.53L	55T	-6L
Per Share Items
Net EPS - Basic	-0.08	-0.04	-0.04	0	-0.01
Basic EPS - Continuing Operations	-0.08	-0.04	-0.04	0	-0.01
Basic Weighted Average Shares Outstanding	4.51Cr	4.57Cr	4.64Cr	4.7Cr	4.76Cr
Net EPS - Diluted	-0.08	-0.04	-0.04	0	-0.01
Diluted EPS - Continuing Operations	-0.08	-0.04	-0.04	0	-0.01
Diluted Weighted Average Shares Outstanding	4.51Cr	4.57Cr	4.64Cr	4.71Cr	4.76Cr
Normalized Basic EPS	-0.06	-0.02	-0.03	0	-0
Normalized Diluted EPS	-0.06	-0.02	-0.03	0	-0
Supplemental Items
EBITDA	-10L	2L	23.34L	74.97L	1.03Cr
EBITA	-30.65L	-21.9L	-4L	22.5L	18.4L
EBIT	-30.65L	-21.9L	-4L	22.5L	18.4L
EBITDAR	-9L	3L	23.87L	76.07L	1.05Cr
Effective Tax Rate - (Ratio)	19.17	8.82	27.38	46.6	-10.98
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-26.41L	-10L	-16.02L	2L	-2L
Interest on Long-Term Debt	11.6L	16.69L	23.75L	27.44L	23.55L
Supplemental Operating Expense Items
Marketing Expenses	46T	71T	70T	70T	71T
Selling and Marketing Expenses	46T	71T	70T	70T	71T
General and Administrative Expenses	8L	6L	5L	4L	6L
Net Rental Expense, Total	69T	44T	53T	1L	1L
Imputed Operating Lease Interest Expense	23.18T	14.68T	21.87T	53.14T	59.63T
Imputed Operating Lease Depreciation	45.82T	29.32T	31.13T	56.86T	77.37T
Maintenance & Repair Expenses, Total	5L	3L	4L	2L	3L
Stock-Based Comp., SG&A Exp. (Total)	2L	1L	1L	2L	3L
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	2L	1L	1L	2L	3L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	-	-	-	-	-
Total Cash And Short Term Investments	-	-	-	-	-
Accounts Receivable, Total	10.11L	4L	5L	5L	9L
Other Receivables	-	-	-	-	-
Total Receivables	10.11L	4L	5L	5L	9L
Inventory	3L	5L	10L	4L	4L
Prepaid Expenses	3L	4L	2L	72T	4L
Other Current Assets, Total	3L	16.91L	17.31L	19.95L	21.78L
Total Current Assets	19.63L	29.63L	34.31L	29.89L	38.31L
Gross Property Plant And Equipment	4.75Cr	6.12Cr	6.18Cr	6.2Cr	6.34Cr
Accumulated Depreciation	-58.08L	-83.93L	-1.13Cr	-1.41Cr	-1.69Cr
Net Property Plant And Equipment	4.17Cr	5.28Cr	5.06Cr	4.79Cr	4.65Cr
Other Long-Term Assets, Total	-	-	82T	82T	82T
Total Assets	4.37Cr	5.58Cr	5.41Cr	5.1Cr	5.05Cr
Liabilities
Accounts Payable, Total	31.17L	57.58L	52.79L	40.04L	56.88L
Short-term Borrowings	29.14L	4L	42.21L	10L	16.25L
Current Portion of Long-Term Debt	20.19L	1.9Cr	4.23Cr	22.52L	3.94Cr
Current Portion of Leases	2L	2L	1L	81T	60T
Unearned Revenue Current, Total	-	-	-	3L	-
Other Current Liabilities	-	5L	5L	5L	5L
Total Current Liabilities	82.13L	2.58Cr	5.24Cr	80.19L	4.72Cr
Long-Term Debt	2.94Cr	2.56Cr	-	4.08Cr	13.68L
Long-Term Leases	3L	89T	1L	8T	-
Deferred Tax Liability Non Current	10L	8L	-	-	-
Total Liabilities	3.88Cr	5.23Cr	5.25Cr	4.88Cr	4.86Cr
Common Stock, Total	42.12L	46.41L	46.93L	52.44L	52.67L
Additional Paid In Capital	17.84L	17.12L	18.21L	18.54L	21.23L
Retained Earnings	-11.3L	-28.98L	-49.51L	-48.96L	-55.43L
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	48.66L	34.55L	15.63L	22.02L	18.47L
Total Equity	48.66L	34.55L	15.63L	22.02L	18.47L
Total Liabilities And Equity	4.37Cr	5.58Cr	5.41Cr	5.1Cr	5.05Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.54Cr	4.64Cr	4.65Cr	4.76Cr	4.76Cr
ECS Total Common Shares Outstanding	4.54Cr	4.64Cr	4.65Cr	4.76Cr	4.76Cr
Book Value / Share	0.11	0.07	0.03	0.05	0.04
Tangible Book Value	48.66L	34.55L	15.63L	22.02L	18.47L
Tangible Book Value Per Share	0.11	0.07	0.03	0.05	0.04
Total Debt	3.47Cr	4.53Cr	4.68Cr	4.41Cr	4.25Cr
Net Debt	3.47Cr	4.53Cr	4.68Cr	4.41Cr	4.25Cr
Debt Equivalent Oper. Leases	6L	4L	4L	9L	10.96L
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	46.03L	64.7L	64.7L	64.7L	64.7L
Buildings, Total	22.48L	28.06L	28.33L	4.73Cr	29.5L
Machinery, Total	53.84L	69.95L	74.89L	75.58L	79.31L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-34.15L	-17.68L	-20.53L	55T	-6L
Depreciation & Amortization - CF	22.29L	25.86L	28.81L	53.79L	85.78L
Depreciation & Amortization, Total	22.29L	25.86L	28.81L	53.79L	85.78L
Amortization of Deferred Charges, Total - (CF)	19T	18T	19T	8T	22T
Asset Writedown & Restructuring Costs	10.85L	-	-	-	-
Stock-Based Compensation (CF)	2L	1L	1L	2L	3L
Other Operating Activities, Total	27.13L	53.37L	49.04L	31.25L	41T
Change In Accounts Receivable	-2L	6L	-2L	51T	-4L
Change In Inventories	-2L	3L	-7L	-2L	-2L
Change In Accounts Payable	3L	6L	-5L	7L	16.2L
Change in Unearned Revenues	-	-	-	-	-3L
Change in Other Net Operating Assets	4L	7L	2L	95T	-3L
Cash from Operations	32.16L	85.18L	47.38L	93.49L	87.49L
Capital Expenditure	-43.44L	-47.32L	-60.21L	-50.75L	-70.31L
Cash Acquisitions	-1.6Cr	-1.45Cr	-	-	-
Cash from Investing	-2.03Cr	-1.92Cr	-60.21L	-50.75L	-70.31L
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.3Cr	1.54Cr	37.83L	12L	7L
Total Debt Issued	1.3Cr	1.54Cr	37.83L	12L	7L
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-19.49L	-47.67L	-25.28L	-61.25L	-23.86L
Total Debt Repaid	-19.49L	-47.67L	-25.28L	-61.25L	-23.86L
Issuance of Common Stock	1L	2L	28T	1L	12T
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	29.14L	-82T	-	5L	-
Cash from Financing	1.41Cr	1.07Cr	12.83L	-42.74L	-17.18L
Net Change in Cash	-30.57L	-	-	-	-
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Levered Free Cash Flow	-35.92L	-23.19L	-56.66L	-4L	21.09L
Unlevered Free Cash Flow	-28.86L	-12.94L	-42.01L	12.92L	35.59L
Change In Net Working Capital	-9L	-20.94L	9L	6L	-6L
Net Debt Issued / Repaid	1.11Cr	1.06Cr	12.55L	-49.25L	-17.3L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-5.05	-2.71	-0.45	2.68	2.27
Return on Total Capital	-5.63	-3.1	-0.51	2.97	2.54
Return On Equity %	-53.28	-42.49	-81.83	2.92	-31.96
Return on Common Equity	-53.28	-42.49	-81.83	2.92	-31.96
Margin Analysis
Gross Profit Margin %	1.32	2.85	8.53	16.98	16.89
SG&A Margin	16.53	10.73	8.61	8.38	10.03
EBITDA Margin %	-5.58	1.05	8.82	24.76	32.32
EBITA Margin %	-17.31	-9.5	-1.49	7.43	5.76
EBIT Margin %	-17.31	-9.5	-1.49	7.43	5.76
Income From Continuing Operations Margin %	-19.28	-7.67	-7.76	0.18	-2.03
Net Income Margin %	-19.28	-7.67	-7.76	0.18	-2.03
Net Avail. For Common Margin %	-19.28	-7.67	-7.76	0.18	-2.03
Normalized Net Income Margin	-14.91	-4.28	-6.05	0.71	-0.6
Levered Free Cash Flow Margin	-20.28	-10.06	-21.41	-1.37	6.6
Unlevered Free Cash Flow Margin	-16.29	-5.61	-15.87	4.27	11.14
Asset Turnover
Asset Turnover	0.47	0.46	0.48	0.58	0.63
Fixed Assets Turnover	0.51	0.49	0.51	0.61	0.68
Receivables Turnover (Average Receivables)	20.9	32.2	54.92	58.5	47.08
Inventory Turnover (Average Inventory)	77.33	34.65	32.7	35.4	65.47
Short Term Liquidity
Current Ratio	0.24	0.11	0.07	0.37	0.08
Quick Ratio	0.12	0.02	0.01	0.06	0.02
Operating Cash Flow to Current Liabilities	0.39	0.33	0.09	1.17	0.19
Days Sales Outstanding (Average Receivables)	17.47	11.33	6.65	6.26	7.75
Days Outstanding Inventory (Average Inventory)	4.72	10.54	11.16	10.34	5.58
Average Days Payable Outstanding	51.17	86.17	81.52	69.13	66.75
Cash Conversion Cycle (Average Days)	-28.99	-64.3	-63.71	-52.54	-53.42
Long Term Solvency
Total Debt/Equity	713.71	1.31T	2.99T	2T	2.3T
Total Debt / Total Capital	87.71	92.92	96.77	95.24	95.83
LT Debt/Equity	608.98	744.11	7.55	1.85T	74.07
Long-Term Debt / Total Capital	74.84	52.71	0.24	88.11	3.09
Total Liabilities / Total Assets	88.86	93.81	97.11	95.68	96.34
EBIT / Interest Expense	-2.64	-1.31	-0.17	0.82	0.78
EBITDA / Interest Expense	-0.72	0.24	1.05	2.78	4.42
(EBITDA - Capex) / Interest Expense	-4.47	-2.6	-1.49	0.93	1.44
Total Debt / EBITDA	-41.54	114.44	18.82	5.78	4.08
Net Debt / EBITDA	-41.54	114.44	18.82	5.78	4.08
Total Debt / (EBITDA - Capex)	-6.7	-10.45	-13.24	17.27	12.54
Net Debt / (EBITDA - Capex)	-6.7	-10.45	-13.24	17.27	12.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.91	30.18	14.81	14.37	5.51
Gross Profit, 1 Yr. Growth %	-94.99	181.2	243.31	127.58	4.92
EBITDA, 1 Yr. Growth %	-124.55	-140.57	860.49	48.04	0.25
EBITA, 1 Yr. Growth %	-217.79	-18.16	-81.96	-669.62	-18.22
EBIT, 1 Yr. Growth %	-217.79	-18.16	-81.96	-669.62	-18.22
Earnings From Cont. Operations, 1 Yr. Growth %	-494.8	-48.23	16.12	-102.68	-1.28T
Net Income, 1 Yr. Growth %	-494.8	-48.23	16.12	-102.68	-1.28T
Normalized Net Income, 1 Yr. Growth %	-347.95	-58.86	62.42	-113.5	-189.31
Diluted EPS Before Extra, 1 Yr. Growth %	-606.17	-50	10.55	-102.64	-1.26T
Accounts Receivable, 1 Yr. Growth %	47.81	-58.36	28.98	-9.39	75.81
Inventory, 1 Yr. Growth %	120.57	-38.78	101.63	-56.57	-11.4
Net Property, Plant and Equip., 1 Yr. Growth %	51.73	26.57	-4.26	-5.19	-2.92
Total Assets, 1 Yr. Growth %	35.89	23.28	-3.05	-5.67	-1.09
Tangible Book Value, 1 Yr. Growth %	-38.81	-29	-54.76	40.88	-16.12
Common Equity, 1 Yr. Growth %	-38.81	-29	-54.76	40.88	-16.12
Cash From Operations, 1 Yr. Growth %	-46.45	164.86	-44.38	97.32	-6.42
Capital Expenditures, 1 Yr. Growth %	43.79	8.93	27.24	-15.71	38.54
Levered Free Cash Flow, 1 Yr. Growth %	1.56T	-30.75	144.35	-85.87	-11.61
Unlevered Free Cash Flow, 1 Yr. Growth %	-938.24	-51.04	224.71	-187.86	-13.05
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.71	22.31	22.25	14.59	9.85
Gross Profit, 2 Yr. CAGR %	-71.82	-62.46	210.71	179.52	54.52
EBITDA, 2 Yr. CAGR %	-34.1	-75.43	97.4	455.44	42.78
EBITA, 2 Yr. CAGR %	84.54	-8.26	-61.58	1.36	115.83
EBIT, 2 Yr. CAGR %	84.54	-8.26	-61.58	1.36	115.83
Earnings From Cont. Operations, 2 Yr. CAGR %	23.61	42.97	-22.46	-82.36	-43.86
Net Income, 2 Yr. CAGR %	23.61	42.97	-22.46	-82.36	-43.86
Normalized Net Income, 2 Yr. CAGR %	553.27	-3.77	-18.26	-53.17	-65.28
Diluted EPS Before Extra, 2 Yr. CAGR %	15.47	59.09	-25.65	-82.92	-44.57
Accounts Receivable, 2 Yr. CAGR %	44.83	-21.55	-26.71	8.1	26.21
Inventory, 2 Yr. CAGR %	44.96	86.61	11.1	-6.42	-37.96
Net Property, Plant and Equip., 2 Yr. CAGR %	21.53	38.58	10.08	-4.73	-4.06
Total Assets, 2 Yr. CAGR %	17.03	31.71	9.33	-4.37	-3.41
Tangible Book Value, 2 Yr. CAGR %	-25.51	-34.08	-43.32	-20.17	8.71
Common Equity, 2 Yr. CAGR %	-25.51	-34.08	-43.32	-20.17	8.71
Cash From Operations, 2 Yr. CAGR %	-0.6	19.09	21.38	4.76	35.89
Capital Expenditures, 2 Yr. CAGR %	35.16	25.15	17.73	3.56	8.06
Levered Free Cash Flow, 2 Yr. CAGR %	107.91	226.9	30.08	-57.71	-15.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	273.82	93.86	26.08	-0.06	55.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	16.86	18.96	19.75	19.56	11.48
Gross Profit, 3 Yr. CAGR %	-47.05	-39.33	-21.5	180.08	101.63
EBITDA, 3 Yr. CAGR %	-13.48	-52.55	-16.61	132.18	248.94
EBITA, 3 Yr. CAGR %	74.05	34.5	-46.65	-5.62	-5.64
EBIT, 3 Yr. CAGR %	74.05	34.5	-46.65	-5.62	-5.64
Earnings From Cont. Operations, 3 Yr. CAGR %	-11.18	-7.52	33.39	-74.75	-28.47
Net Income, 3 Yr. CAGR %	-11.18	-7.52	33.39	-74.75	-28.47
Normalized Net Income, 3 Yr. CAGR %	189.94	151.67	14.58	-55.15	-41.93
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-12.64	40.91	-75.57	-30.22
Accounts Receivable, 3 Yr. CAGR %	20.35	-4.41	-7.41	-21.34	27.13
Inventory, 3 Yr. CAGR %	-	49.14	91.49	-18.76	-8.11
Net Property, Plant and Equip., 3 Yr. CAGR %	12.75	23.19	22.51	4.73	-4.13
Total Assets, 3 Yr. CAGR %	12.78	20.47	18.93	4.08	-3.29
Tangible Book Value, 3 Yr. CAGR %	10.01	-26.69	-41.86	-23.23	-18.84
Common Equity, 3 Yr. CAGR %	10.01	-26.69	-41.86	-23.23	-18.84
Cash From Operations, 3 Yr. CAGR %	0.74	37.8	-7.6	42.72	0.9
Capital Expenditures, 3 Yr. CAGR %	70.36	25.78	25.85	5.32	14.11
Levered Free Cash Flow, 3 Yr. CAGR %	-	40.79	196.67	-50.15	-3.11
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	84.35	130.23	-21.22	40.12
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	18.99	17.19	15.69
Gross Profit, 5 Yr. CAGR %	-	-	7.47	11.77	2.93
EBITDA, 5 Yr. CAGR %	-	-	8.88	26.93	20.73
EBITA, 5 Yr. CAGR %	-	-	-7.44	20.11	-6.7
EBIT, 5 Yr. CAGR %	-	-	-7.44	20.11	-6.7
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-15.88	-52.33	-5.64
Net Income, 5 Yr. CAGR %	-	-	-15.88	-52.33	-5.64
Normalized Net Income, 5 Yr. CAGR %	-	-	71.39	28.44	-28.93
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-54.52	-2.98
Accounts Receivable, 5 Yr. CAGR %	-	-	-1.31	0.41	4.81
Inventory, 5 Yr. CAGR %	-	-	-	23.78	21.99
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	11.68	11.16	11.1
Total Assets, 5 Yr. CAGR %	-	-	12.17	9.84	9.43
Tangible Book Value, 5 Yr. CAGR %	-	-	-15.62	-24.15	-25.32
Common Equity, 5 Yr. CAGR %	-	-	-15.62	-24.15	-25.32
Cash From Operations, 5 Yr. CAGR %	-	-	8.54	23.49	7.81
Capital Expenditures, 5 Yr. CAGR %	-	-	46.95	16.37	18.41
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-12.97	57.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	44.31	59.55