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ISIN
CA09973D1050
IPO Date
Oct 6, 2021

Highlights

EPS (TTM)
-$1.33
Total Revenue (TTM)
$30.08M
Gross Profit (TTM)
$3.51M
EBITDA (TTM)
-$11.22M
Year Range
$0.60 - $5.02
ROA (TTM)
-36.10%
ROE (TTM)
98.69%

Share Price Chart


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Borealis Foods Inc

Performance

BRLS Performance Chart

Borealis Foods Inc (BRLS) is down 34.5% since the beginning of the year. At $1 per share, BRLS is trading 73.9% below its 52-week high of $5.


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S&P 500 Index

Returns By Period

Borealis Foods Inc (BRLS) has returned -34.50% so far this year and -72.42% over the past 12 months.


Borealis Foods Inc

1D
0.00%
1M
-8.39%
YTD
-34.50%
6M
-22.49%
1Y
-72.42%
3Y*
-50.36%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BRLS Monthly Returns History

Based on dividend-adjusted daily data since Oct 6, 2021, BRLS's average daily return is +0.04%, while the average monthly return is -0.77%.

Historically, 60% of months were positive and 40% were negative. The best month was May 2024 with a return of +127.3%, while the worst month was Jan 2026 at -52.4%. The longest winning streak lasted 17 consecutive months, and the longest losing streak was 4 months.

On a daily basis, BRLS closed higher 36% of trading days. The best single day was Feb 9, 2026 with a return of +134.3%, while the worst single day was Feb 8, 2024 at -34.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-52.42%73.41%-13.94%16.90%-10.84%-11.49%-34.50%
2025-2.06%7.71%3.50%-8.60%-41.18%4.57%-20.77%-3.44%-3.82%40.74%-51.45%8.70%-66.46%
2024-14.32%-12.28%-31.18%-31.62%127.25%0.55%-5.58%6.37%-37.69%1.40%2.93%-0.12%-47.28%
20230.29%0.39%0.67%0.29%1.38%0.61%1.31%0.83%0.91%0.36%0.99%1.07%9.49%
2022-0.30%0.71%2.42%-1.48%-0.50%0.60%-0.00%0.50%0.40%0.49%0.79%0.88%4.55%
20211.54%0.16%-0.46%1.23%

Benchmark Metrics

Borealis Foods Inc has an annualized alpha of 7.99%, beta of 0.18, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 06, 2021.

  • This stock tended to rise when S&P 500 Index fell (downside capture of -7.95%), but participation in market rallies was also limited (-84.54%) - a profile typical of counter-cyclical assets.
  • Beta of 0.18 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.99%
Beta
0.18
0.00
Upside Capture
-84.54%
Downside Capture
-7.95%

Return for Risk

Risk / Return Rank

BRLS ranks 23 for risk / return — below 23% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


BRLS Risk / Return Rank: 2323
Overall Rank
BRLS Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
BRLS Sortino Ratio Rank: 3535
Sortino Ratio Rank
BRLS Omega Ratio Rank: 3434
Omega Ratio Rank
BRLS Calmar Ratio Rank: 99
Calmar Ratio Rank
BRLS Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Borealis Foods Inc (BRLS) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BRLSBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.40

Sortino ratioReturn per unit of downside risk

-2.61

Omega ratioGain probability vs. loss probability

1.02

1.37

-0.35

Calmar ratioReturn relative to maximum drawdown

-0.86

2.78

-3.64

Martin ratioReturn relative to average drawdown

-1.36

12.44

-13.80

Dividends

Dividend History


Borealis Foods Inc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Borealis Foods Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Borealis Foods Inc was 94.78%, occurring on Feb 6, 2026. The portfolio has not yet recovered.

The current Borealis Foods Inc drawdown is 89.52%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-94.78%Feb 2026
1y 12mo
2y 4moFeb 2024 - now
2024 bear market2024
-25.04%Jan 2024
0s8d
8dJan 2024 - Feb 2024
Bear market2022
-2.07%May 2022
1mo 14d5mo 3d
6mo 17dApr 2022 - Oct 2022
2023 pullback2023
-1.27%Sep 2023
2d25d
27dSep 2023 - Oct 2023
Bear market2022
-1.20%Jan 2022
1mo 23d2mo 2d
3mo 25dDec 2021 - Mar 2022

Drawdown Indicators


BRLSBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-94.78%

-56.78%

-38.00%

Max Drawdown (1Y)

Largest decline over 1 year

-84.78%

-9.10%

-75.68%

Max Drawdown (3Y)

Largest decline over 3 years

-94.78%

-18.90%

-75.88%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-89.52%

-1.80%

-87.72%

Average Drawdown

Average peak-to-trough decline

-31.83%

-10.71%

-21.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

57.07%

2.03%

+55.04%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Borealis Foods Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Borealis Foods Inc is priced in the market compared to other companies in the Packaged Foods industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for BRLS relative to other companies in the Packaged Foods industry. Currently, BRLS has a P/S ratio of 0.6. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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