Oragin Foods Inc.

Oragin Foods Inc.

OGGFF
Oragin Foods Inc.US flagOther OTC
0.00
USD
- -
- -
6,247.00Market Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.35
0.59
0.65
0.65
0.78
0.43
0.38
Basic EPS, GAAP
-0.01
-0.09
-0.04
-0.14
-0.07
-0.06
-0.04
-0.06
-0.14
-0.01
-0.05
-0.05
Free Cash Flow per Basic Share
-0.03
-0.22
-0.06
-0.04
-0.09
-0.1
-0.07
-0.08
-0.04
0.02
- -
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.21
-0.1
-0.1
-0.21
0.19
0.41
0.21
0.15
0.01
0.04
0.16
0.14
Tangible Book Value per Share
0.59
0.36
0.27
0.23
0.21
0.27
0.19
0.15
0.08
0.1
0.06
0.04
Basic Weighted Avg Shares
1
2
2
3
8
13
34
37
37
39
59
61
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
5
20
24
24
30
26
23
Operating Margin (%)
- -
- -
- -
- -
- -
-18.35
-4.72
-6.41
-4.36
5.68
-1.88
-4.53
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
2
2
2
2
Net Income, GAAP
- -
- -
- -
- -
-1
-1
-1
-2
-5
- -
-3
-3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-16.44
-6.3
-8.55
-21.05
-0.87
-11.62
-13.62
Working Capital
- -
- -
- -
1
2
1
1
-2
-1
1
-2
-3
LT Debt
- -
- -
- -
- -
- -
1
- -
- -
11
11
8
7
Total Equity
- -
1
1
1
2
6
9
8
3
4
13
12
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
-21.73
-20.1
-32.08
-166.92
-25.4
-53.82
-33.35

Capital Structure

FRC

in mil. unless spec.
Jan'22
Apr'23
Jul'23
ST Debt
3
3
4
LT Borrowings
- -
- -
- -
LT Finance Leases
8
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
61
62
Market Capitalization
18
15
7

Working Capital

FRC

in mil. unless spec.
Jan'22
Apr'23
Jul'23
Total Current Assets
4
3
3
Cash, Cash Equivalents & STI
2
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
1
1
1
Total Current Liabilities
6
6
6
Payables & Accruals
2
2
2
ST Debt
3
3
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
66.6%
47.55%
225.55%
Free Cash Flow
218.12%
-44.99%
-118.68%
Net Income, GAAP
322.89%
243.24%
1,034.27%
Sales/Revenue/Turnover
- -
71.64%
-15.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
8
8
7
7
30
2022
7
7
6
6
26
2023
6
6
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.01
-0.01
- -
- -
-0.01
2022
-0.02
-0.01
-0.01
- -
-0.05
2023
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Matt Lurie
Full Time Employees
125
Sector
Consumer Defensive
Industry
Packaged Foods
Address
579 Kerr Street Oakville ON Canada L6K 3E1
IPO Date
Mar 15, 2021
Website
oragin.com
Business
Oragin Foods Inc. owns and operates grocery stores that sell natural and organic products to consumers in Canada and develops, acquires, grows, and commercializes innovative food and beverage brands through its Consumer Packaged Goods division. The company offers produce, dairy, bakery, bulk foods, grocery items, meat, frozen products, and prepared foods; health and beauty aids; vitamins and supplements under the Organic Garage brand; and plant-based cheese and butter products, including naturally ripened brie and truffle-infused varieties, under the Future of Cheese brand. Oragin Foods operates four stores in the Greater Toronto Area and targets health-conscious consumers in the natural and organic food retail and packaged foods segments. Founded in 2005 and headquartered at 579 Kerr Street in Oakville, Ontario, the company, formerly known as Organic Garage Ltd., changed its name to Oragin Foods Inc. in February 2022 to reflect its evolution into a multi-pronged food enterprise with expanded focus on its CPG division, including plans for U.S. plant-based market growth and Organic Garage store expansion. In recent developments, Oragin Foods has faced a failure-to-file cease trade order from the Ontario Securities Commission, alongside management changes such as independent director resignations and a notice of intention to creditors affecting subsidiary operations like Future of Cheese, which has ceased activities due to financing constraints; the company provided a corporate update in March 2024 affirming continued retail operations without disruption.

Company News

APIChat
  • ORAGIN Provides Corporate Update

  • ORAGIN Foods says it is business as usual despite Cease Trade Order

  • ORAGIN Foods aims to repay debt, appoint new board members, and continue to run retail business and CPG division

  • ORAGIN Foods says it is ‘excited and optimistic' for future as it reports Q2 results

  • Oragin Foods Q1 results see short-term impact from renovations

  • ORAGIN Foods says its Future of Cheese subsidiary secures FDA registration, allowing for North America-wide direct sales

  • Organic Garage rebrands as Oragin Food Inc; plans expansion in retail and plant-based CPG business divisions

  • Organic Garage begins selling General Assembly frozen pizzas at its Greater Toronto area stores

  • Organic Garage says Future of Cheese prepares 1Q launch of e-commerce retail store

  • Organic Garage CEO Matt Lurie issues year-end letter; says 2021was "exciting year of accomplishment"

  • Organic Garage sees gross profit margins, cash balance increase in 3Q as online orders heat up

  • Organic Garage committed to offering its customers a wide selection of healthy and natural products

  • Organic Garage says Future of Cheese has launched a truffle-infused plant-based butter for the holiday season

  • Organic Garage says Future of Cheese products make restaurant debut as foodservice distribution begins

  • Organic Garage says its subsidiary Future of Cheese's plant-based launch is selling faster than expected

  • Organic Garage to Present at the SNN Network Canada Virtual Event December 7 - 9, 2021

  • Organic Garage says its subsidiary Future of Cheese Inc launched plant-based brie in Ontario

  • Organic Garage inks deal with Rival House to expand its Hand-Picked Partner program

  • Organic Garage says Future of Cheese Inc continues to report increasing demand for its initial product, the plant-based 'Future of Butter'

  • Organic Garage expands its Kitchen Originals product line to include cantina style tortilla chips