Financial Snapshot

Revenue
$156.4M
TTM
Gross Margin
16.23%
TTM
Net Earnings
-$44.25M
TTM
Current Assets
Q3 2023
Current Liabilities
Q3 2023
Current Ratio
155.58%
Q3 2023
Total Assets
Q3 2023
Total Liabilities
Q3 2023
Book Value
-$43.72M
Q3 2023
Cash
Q3 2023
P/E
-0.1765
Nov 29, 2024 EST
Free Cash Flow
-$38.32M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2022 2021 2020 2019
Revenue $141.6M $84.09M $38.98M $38.74M
YoY Change 68.39% 115.69% 0.62%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2022 2021 2020 2019
Revenue $141.6M $84.09M $38.98M $38.74M
Cost Of Revenue $128.3M $73.79M $36.31M $32.92M
Gross Profit $13.25M $10.29M $2.678M $5.824M
Gross Profit Margin 9.36% 12.24% 6.87% 15.03%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2022 2021 2020 2019
Selling, General & Admin $51.64M $61.41M $12.54M $14.58M
YoY Change -15.91% 389.84% -14.01%
% of Gross Profit 389.75% 596.52% 468.11% 250.33%
Research & Development $4.800M $2.000M
YoY Change 140.0%
% of Gross Profit 36.23% 19.43%
Depreciation & Amortization $3.201M $1.140M $590.0K $516.0K
YoY Change 180.79% 93.22% 14.34%
% of Gross Profit 24.16% 11.07% 22.03% 8.86%
Operating Expenses $51.64M $63.41M $12.54M $14.58M
YoY Change -18.56% 405.79% -14.01%
Operating Profit -$38.39M -$53.11M -$9.858M -$8.755M
YoY Change -27.72% 438.77% 12.6%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2022 2021 2020 2019
Interest Expense $7.421M -$14.29M -$5.682M -$5.382M
YoY Change -151.93% 151.5% 5.57%
% of Operating Profit
Other Income/Expense, Net $144.0K $309.0K $0.00 -$51.00K
YoY Change -53.4% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2022 2021 2020 2019
Pretax Income -$45.67M -$67.09M -$15.54M -$14.19M
YoY Change -31.94% 331.74% 9.53%
Income Tax $0.00 $0.00 $22.00K $0.00
% Of Pretax Income
Net Earnings -$11.00M -$34.98M -$15.56M -$14.19M
YoY Change -68.55% 124.75% 9.68%
Net Earnings / Revenue -7.77% -41.6% -39.92% -36.62%
Basic Earnings Per Share -$1.77 -$1.64
Diluted Earnings Per Share -$1.77 -$1.358M -$604.4K -$551.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2022 2021 2020 2019
Cash & Short-Term Investments $5.279M $27.44M $28.00K $388.0K
YoY Change -80.76% 97882.14% -92.78%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.026M $9.927M $37.00K $355.0K
YoY Change -89.66% 26729.73% -89.58%
Inventory $39.48M $16.62M $8.374M $8.972M
Prepaid Expenses
Receivables $20.32M $8.968M $3.533M $2.528M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $66.10M $62.95M $11.97M $12.24M
YoY Change 5.0% 425.83% -2.21%
Property, Plant & Equipment $49.38M $22.42M $1.845M $2.162M
YoY Change 120.28% 1114.96% -14.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.475M $4.290M $1.653M $893.0K
YoY Change -19.0% 159.53% 85.11%
Total Long-Term Assets $65.34M $39.19M $3.498M $3.055M
YoY Change 66.72% 1020.41% 14.5%
Total Assets $131.4M $102.1M $15.47M $15.30M
YoY Change
Accounts Payable $23.42M $15.21M $4.818M $2.689M
YoY Change 54.05% 215.59% 79.17%
Accrued Expenses $5.174M $7.803M $703.0K $626.0K
YoY Change -33.69% 1009.96% 12.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $1.180M $1.078M
YoY Change -100.0% 9.46%
Long-Term Debt Due $3.680M $526.0K $1.862M $437.0K
YoY Change 599.62% -71.75% 326.09%
Total Short-Term Liabilities $33.22M $31.65M $8.563M $5.150M
YoY Change 4.99% 269.56% 66.27%
Long-Term Debt $93.58M $17.66M $37.01M $24.79M
YoY Change 430.05% -52.29% 49.27%
Other Long-Term Liabilities $12.74M $21.86M $66.00K $103.0K
YoY Change -41.72% 33019.7% -35.92%
Total Long-Term Liabilities $106.3M $39.51M $37.07M $24.90M
YoY Change 169.07% 6.58% 48.92%
Total Liabilities $96.29M $62.59M $45.64M $30.05M
YoY Change 53.84% 37.15% 51.89%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2022 2021 2020 2019
Basic Shares Outstanding 6.193M 6.170M
Diluted Shares Outstanding 6.193M 6.170M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.8119 Million

About Real Good Food Company, Inc.

The Real Good Food Co., Inc. develops, markets and manufactures convenient comfort foods, which are made from gluten and grain-free ingredients. The company is headquartered in Cherry Hill, New Jersey and currently employs 130 full-time employees. The company went IPO on 2021-11-05. The firm develops, markets, and manufactures foods designed to be high in protein, low in sugar, and made from gluten-and grain-free ingredients that are intended to be sold in the health and wellness (H&W) segment of the frozen food category. The company offers nutritious options across breakfast, lunch, dinner, and snacking occasions, which are available in approximately 15,000 stores nationwide, and directly from its website at www.realgoodfoods.com. Its branded products are sold to consumers through an increasing number of locations in retail channels, primarily in natural and conventional grocery, drug, club, and mass merchandise stores, including Walmart, Kroger, and Costco. The company produces and sells entrees, bowls, breakfast sandwiches, enchiladas, other H&W products and snacks within the frozen food category. Its craveable products are offered in ready-to-heat and ready-to-cook formats for consumers to prepare.

Industry: Food and Kindred Products Peers: Whole Earth Brands, Inc. Astra Energy, Inc. BRIDGFORD FOODS CORP FARMER BROTHERS CO Mondelez International, Inc. LIFECORE BIOMEDICAL, INC. \DE\ Seneca Foods Corp