Added to YB: 2026-04-17
Pitch date: 2026-04-16
NPRA.CN [neutral]
Nepra Foods Inc.
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
Nepra Foods Inc. operates as a vertically integrated plant-based food and ingredient company. It offers frozen meals, plant-based meat and dairy alternatives, snacks, and spreads and baking mixes.
Market Cap
CAD 46.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-1.05
EV/Sales
N/A
Sector
Food Products
Category
N/A
Nepra Foods Inc. ($NPRA.C) FINS Review
NPRA.CN (pass): Q3 rev +54% YoY to $2.23M, margins +110bps to 28.5%, but disastrous balance sheet w/ 0.33 current ratio, $25k cash vs $5.3M current liabilities. Factoring receivables at 21-23% annualized cost erodes margins. $2.5M debt spread across 10 instruments to insiders. 85% rev from 3 customers = concentration risk. Stock +217% in 2 weeks on zero news before April 10 prelim results. $46M mcap vs $8.3M TTM rev, negative EBITDA. Smells like pump.
Read full article (6 min)