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Goodfood Market (TSX:FOOD) EBITDA : C$10.7 Mil (TTM As of Aug. 2024)


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What is Goodfood Market EBITDA?

Goodfood Market's EBITDA for the three months ended in Aug. 2024 was C$0.6 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Aug. 2024 was C$10.7 Mil.

During the past 12 months, the average EBITDA Growth Rate of Goodfood Market was 1103.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 10 years, the highest 3-Year average EBITDA Growth Rate of Goodfood Market was -23.90% per year. The lowest was -551.10% per year. And the median was -37.75% per year.

Goodfood Market's EBITDA per Share for the three months ended in Aug. 2024 was C$0.01. Its EBITDA per share for the trailing twelve months (TTM) ended in Aug. 2024 was C$0.14.

During the past 12 months, the average EBITDA per Share Growth Rate of Goodfood Market was 1066.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 10 years, the highest 3-Year average EBITDA per Share Growth Rate of Goodfood Market was 17.30% per year. The lowest was -31.60% per year. And the median was -21.95% per year.


Goodfood Market EBITDA Historical Data

The historical data trend for Goodfood Market's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goodfood Market EBITDA Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 -19.19 -54.00 0.89 10.74

Goodfood Market Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 1.65 4.82 3.69 0.58

Competitive Comparison of Goodfood Market's EBITDA

For the Personal Services subindustry, Goodfood Market's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goodfood Market's EV-to-EBITDA Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Goodfood Market's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Goodfood Market's EBITDA for the fiscal year that ended in Aug. 2024 is calculated as

Goodfood Market's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Aug. 2024, Goodfood Market's EBITDA was C$10.7 Mil.

Goodfood Market's EBITDA for the quarter that ended in Aug. 2024 is calculated as

Goodfood Market's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Aug. 2024, Goodfood Market's EBITDA was C$0.6 Mil.

EBITDA for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$10.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Goodfood Market  (TSX:FOOD) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Goodfood Market EBITDA Related Terms

Thank you for viewing the detailed overview of Goodfood Market's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodfood Market Business Description

Traded in Other Exchanges
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
Executives
Roslane Aouameur Senior Officer
Neil Cuggy 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Jonathan Ferrari 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Bipasha Chiu Senior Officer
Donald John Olds Director
Jennifer Stahlke Senior Officer
Terry Yanofsky Director
Jonathan Roiter Senior Officer
Francois Vimard Director
Mohammed Awada Senior Officer
Hamnett Hill Director
Philippe St-cyr Adam Senior Officer

Goodfood Market Headlines

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