M 
Modern Plant Based Foods MEAT.CN · CAD
Consumer Staples · Canadian Securities Exchange · 🇨🇦 Canada
0.03
—
Close of 6 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$568,240
FY2016FY2025
Net income
−C$850,165
FY2016FY2025
Free cash flow
−C$475,494
FY2016FY2025
Shareholders' equity
−C$1.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$568,240 | C$625,482 | C$751,348 | C$1.6m | C$2.3m | C$82,144 | — | — | — | — |
| Gross profit | C$117,296 | C$125,035 | C$103,717 | C$23,146 | C$386,901 | C$1,037 | — | — | — | — |
| Research and development | C$942 | C$8,727 | C$4,179 | C$84,616 | C$311,056 | C$210,982 | — | — | — | — |
| Operating income | −C$513,500 | −C$944,867 | −C$1.5m | −C$5.3m | −C$4.7m | −C$1.6m | −C$207,971 | −C$672,947 | −C$187,300 | −C$242,700 |
| Net income | −C$850,165 | −C$809,821 | −C$8.3m | −C$11.6m | −C$6.2m | −C$5.2m | −C$121,682 | −C$697,567 | C$283,612 | −C$454,700 |
| Diluted earnings per share | -0.14 | -0.19 | -0.10 | -0.23 | -0.19 | -0.18 | -0.01 | -0.05 | 0.13 | -0.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$1.1m | C$612,773 | C$702,528 | C$1.2m | C$3.5m | C$3.4m | C$616,026 | C$819,525 | C$44,807 | C$11,400 |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | C$3,600 |
| Total liabilities | C$2.8m | C$2.3m | C$1.7m | C$1.1m | C$1.7m | C$885,715 | C$204,126 | C$285,943 | C$317,732 | C$1.1m |
| Debt | — | C$629,649 | — | — | — | — | — | — | — | C$25,500 |
| Shareholders' equity | −C$1.7m | −C$1.6m | −C$952,319 | C$108,906 | C$1.8m | C$2.5m | C$411,900 | C$533,582 | −C$272,925 | −C$1.1m |
| Shares outstanding | 6m | 4m | 83m | 50m | 33m | 29m | 14m | 14m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −C$475,494 | −C$552,196 | −C$1.4m | −C$2.0m | −C$4.1m | −C$1.7m | −C$181,536 | −C$589,080 | −C$317,893 | −C$34,000 |
| Capital spending | — | — | −C$1,818 | −C$231 | −C$141,331 | −C$107,213 | −C$107,213 | −C$107,213 | — | — |
| Free cash flow | −C$475,494 | −C$552,196 | −C$1.4m | −C$2.0m | −C$4.2m | −C$1.8m | −C$288,749 | −C$696,293 | −C$317,893 | −C$34,000 |
Latest quarters
By quarter end
| May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$134,454 | C$209,719 | C$165,187 | C$70,280 | C$145,019 | C$163,987 | C$188,954 | C$103,972 |
| Gross profit | C$2,419 | C$39,272 | C$40,839 | C$6,192 | C$31,196 | C$42,720 | C$37,188 | C$18,056 |
| Operating income | −C$102,923 | −C$62,641 | −C$54,479 | −C$186,367 | −C$76,599 | −C$30,868 | −C$219,666 | −C$390,705 |
| Net income | −C$143,816 | −C$126,554 | −C$104,480 | −C$228,564 | −C$104,326 | −C$86,055 | −C$431,220 | −C$271,400 |
| Diluted earnings per share | -0.02 | -0.02 | -0.01 | -0.04 | -0.02 | -0.01 | -0.03 | -0.03 |
| Total assets | C$1.0m | C$1.1m | C$1.1m | C$1.1m | C$1.1m | C$1.1m | C$1.1m | C$612,773 |
| Debt | — | — | — | — | — | — | C$469,649 | C$629,649 |
| Shareholders' equity | −C$2.2m | −C$2.1m | −C$2.0m | −C$1.7m | −C$1.4m | −C$1.5m | −C$1.4m | −C$1.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -29.9% | 47.2% | — |
| Operating income | -54.0% | -20.4% | -1.0% |
| Net income | -58.1% | -30.3% | -2.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.3% | 10.3% | 12.7% | — |
| Operating margin | -122.2% | -230.0% | -245.6% | — |
| Net margin | -139.1% | -599.0% | -553.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.1 | -0.1 | -0.1 | -0.1 | -0.3 | -2.8 | -2.1 | -0.4 | 0.2 |
| Price to sales | 0.2 | 0.1 | 1.0 | 0.3 | 0.9 | 172.9 | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 9 May 2024
- 2-for-1 split · 30 Jun 2020
- 10-to-1 reverse split · 6 Oct 2017
- 10-to-1 reverse split · 21 Jul 2017
- 3-to-1 reverse split · 27 Dec 2013
- 5-to-1 reverse split · 7 Feb 1991
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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