Happy Belly Food Group Inc

Happy Belly Food Group Inc

0.96
EUR
+0.03
(+2.69%)
-0.07EPS
155.66MMarket Cap
Dec 01Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
- -
0.01
- -
- -
0.01
0.03
0.05
0.07
0.17
0.2
Basic EPS, GAAP
-0.02
-0.03
-0.3
-0.27
-0.11
-0.27
-0.03
-0.02
-0.02
-0.06
-0.11
Free Cash Flow per Basic Share
- -
-0.03
-0.14
-0.09
-0.04
-0.04
-0.02
-0.01
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.02
0.07
0.02
0.03
0.07
0.03
0.01
-0.01
0.02
0.02
0.07
Tangible Book Value per Share
-0.02
0.07
0.02
0.02
0.06
0.01
- -
-0.02
0.01
0.01
0.06
Basic Weighted Avg Shares
17
17
16
26
42
99
106
109
121
130
139
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
1
3
5
8
22
27
Operating Margin (%)
-178.15
- -
-3,717.86
-7,596.39
- -
-938.72
-73.62
-20.05
-17.98
-25.69
-54.33
Depreciation Expense
- -
- -
- -
- -
- -
1
1
- -
- -
1
1
Net Income, GAAP
- -
-1
-5
-7
-4
-27
-3
-2
-2
-7
-16
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-187.41
- -
-3,618.82
-8,040.81
- -
-2,209.1
-100.31
-35.52
-28.31
-32.8
-58.55
Working Capital
- -
1
- -
1
4
1
1
1
3
2
10
LT Debt
- -
- -
- -
- -
- -
- -
3
5
5
6
6
Total Equity
- -
1
- -
1
4
3
1
-1
2
3
11
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-594.14
-925.6
-156.71
-704.67
-145.6
- -
- -
-316.59
-251.47

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
1
1
1
LT Finance Leases
4
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
134
148
148
Market Capitalization
295
232
252

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6
9
16
Cash, Cash Equivalents & STI
3
6
12
Accounts Receivable, Net
2
2
4
Inventories
- -
- -
- -
Total Current Liabilities
5
5
6
Payables & Accruals
4
4
6
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-160.51%
8.39%
Free Cash Flow
- -
-7.98%
-71.62%
Net Income, GAAP
- -
124.97%
219.73%
Sales/Revenue/Turnover
- -
- -
175.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
4
8
2025
3
5
7
6
22
2026
6
9
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
-0.01
-0.02
2025
- -
- -
- -
-0.05
-0.06
2026
-0.03
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sean Black
Full Time Employees
35
Sector
Consumer non-durables
Industry
Food: major diversified
Address
1681 Chestnut Street Vancouver BC Canada V6J 4M6
IPO Date
Jul 3, 2018
Business
Happy Belly Food Group Inc. (CSE: HBFG) consolidates and scales emerging consumer food brands across Canada through its Consumer Product Goods and Quick Restaurant Services segments. Founded in 2017 and headquartered in Toronto, Ontario, the company produces and sells gluten-free, organic, kosher, and plant-based breakfast cereals and related products under the Holy Crap brand, as well as snack foods under the Lumber Heads Food Co. brand, marketed through retailers, online platforms, and its website; it also operates quick-service restaurants offering fresh bowls, smoothies, açaí bowls, and wellness meals under Heal Wellness; smash burgers, poutine, onion rings, and milkshakes under Rosie's Burgers; Caribbean grill items under Joey Turks Island Grill; Greek cuisine under Pirho Fresh Greek Grill; plant-based options under Lettuce Love Cafe; sandwiches, wraps, soups, and healthy treats under brands including iQ Foods and Smile Tiger Coffee; and additional formats via Via Cibo, Yolks, and Salus Fresh Foods. The company primarily serves health-conscious consumers in the wellness and quick-service restaurant sectors across Canada, with franchise models and initial U.S. expansion underway. Recent developments include the September 2024 acquisition of iQ Foods, adding immediate revenue and expanding to 36 restaurants; the August 2025 acquisition of 50% of Salus Fresh Foods for accretive growth; the October 2025 agreement to acquire full ownership of Heal Wellness, now operating 27 locations with 168 in development including U.S. entry in Texas; and the December 2025 signing of a franchise agreement for Rosie's Burgers in Whitby, Ontario, alongside expansions like a new Heal Wellness site in Kingston and Smile Tiger Coffee growth throughout Ontario.

Company News

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of Its 54th Location in Calgary's Crowfoot Village

  • Happy Belly Food Group's Heal Wellness Signs A 10-Unit Development Agreement for the state of Utah with Experienced Multi-Unit Operator

  • Happy Belly Food Group Announces Grand Opening of First U.S. Heal Wellness Location in Lubbock, Texas

  • Happy Belly Food Group Named One of Canada's Top Growing Companies for 2026 by The Globe and Mail

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of its Bayers Lake Location in Halifax, Nova Scotia

  • Happy Belly Food Group's Heal Wellness QSR Signs First Franchise Agreement in Province of New Brunswick

  • Happy Belly Food Group's Ghost Taco Brand Signs 25-Unit Area Development Agreement for Atlantic Canada

  • Happy Belly Food Group's Heal Wellness QSR Secures Real Estate Location for Multi-Unit Franchisee in Kitchener, Ontario

  • Heal Wellness QSR Secures Real Estate Location in the City of Westmount, Quebec

  • Happy Belly Food Group's Ghost Taco Brand Signs 50-Unit Area Development Agreement for Western Canada

  • Happy Belly Food Group's Ghost Taco Brand Signs 45-Unit Area Development Agreement for Ontario

  • Happy Belly Food Group Announces the Signing of a Definitive Agreement and Closing of 50% Acquisition of Ghost Taco Fast Casual Restaurant Chain

  • Heal Wellness Multi-Unit Franchisee in Alberta Secures Their 14th Real-Estate Location in Calgary's Seton Neighborhood

  • Rosie's Burgers Opens Location #20 at the University of British Columbia

  • Heal Wellness QSR Announces the Opening of Locations #50 and #51

  • Happy Belly Food Group's Heal Wellness QSR Secures Real-Estate Location for Multi-Unit Franchisee in Belleville, Ontario

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of their First Location on Vancouver Island, British Columbia

  • Happy Belly Food Group Reports Record Results of $28.4M in Q2 System Wide QSR Sales with Year Over Year Growth of 75%

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of Its Newest Location in Sylvan Lake, Alberta

  • Happy Belly Food Group's Rosie's Burgers Announces the Grand Opening of its Newest Location in Montreal's Griffintown