Added to YB: 2024-04-15
Pitch date: 2024-04-13
SBBC.V [bullish]
TRUBAR Inc.
+343.24%
current return
Author Info
No bio for this author
Company Info
TRUBAR Inc. operates as a consumer products company with diversified assets in the plant-based and wellness consumer product categories in Canada.
Market Cap
CAD 132.0M
Pitch Price
CAD 0.37
Price Target
1.25 (-24%)
Dividend
N/A
EV/EBITDA
-28.84
P/E
-10.79
EV/Sales
2.17
Sector
Food Products
Category
growth
$SBBC - A good company, bad company situation
SBBC.V: Trubar, a women-focused vegan protein bar brand, is a hidden gem w/ $30M FY23 sales, targeting $40-45M in FY24. Profitable w/o SBBC's other brands. Catalysts: SKU expansion, store rollout to Kroger, Walmart. Clarus PT $1.25 (2x FY24 rev). Risks: customer concentration, dilution. Upside via growth & acquisition at 3-4x sales ($300-400M). Currently $24M EV.
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