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Added to YB: 2026-09-10

Pitch date: 2026-09-08

BRED.V [bearish]

Purebread Brands Inc.

-4%

current return

Author Info

Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.

Company Info

Purebread Brands Inc. operates cafes and bakeries in Canada. The company operates in two segments, Rental and Retail.

Market Cap

CAD 6.6M

Pitch Price

CAD 0.13

Price Target

N/A

Dividend

N/A

EV/EBITDA

27.11

P/E

1.25

EV/Sales

1.54

Sector

Real Estate Management and Development

Category

turnaround

Show full summary:
Purebread Brands ($BRED.V) FINS Review

BRED.V (earnings): Purebread’s new investors and debt restructurings likely extend its survival beyond the previously forecast 12-18 months, but the retail risk/reward remains unattractive. Q1 revenue fell 7.7%, gross margin declined 110 basis points and operating expenses excluding interest rose 34%, producing a $323,000 operating loss. Dilution has tripled market capitalization to $9.6 million despite a 25% stock-price gain. With $550,000 of cash and a 0.05 current ratio, further debt or dilution is likely.

Read full article (11 min)