Stocktoria
Borealis Foods Inc. BRLS
Borealis Foods Inc. (BRLS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $31.5M at a -60.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.79 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -1.175 |
| Retained earnings / assets | -2.088 |
| EBIT / assets | -0.21 |
| Equity / liabilities | -0.268 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| BRLS | Borealis Foods Inc. | 4/9 | -16.21 | — | +8.2% |
| CHSN | Chanson International Holding | 4/9 | 1.92 | 20.4 | +0.2% |
| BOF | BranchOut Food Inc. | 3/9 | -7.44 | — | — |
| LSF | Laird Superfood, Inc. | 2/9 | -14.73 | — | +15.2% |
| NXMH | Next Meats Holdings, Inc. | 1/9 | — | — | — |
| TRWD | Tradewinds Universal | 3/9 | — | — | — |
| GWLL | GOLDENWELL BIOTECH, INC. | 3/9 | — | — | — |
About Borealis Foods Inc.
Borealis Foods Inc. operates as a food tech company that provides nutritious food products. It provides ramen noodles under the Chef Woo, Chef Ramsay, Ramen Express, and Woodles brands. The company is based in Oakville, Canada.
FAQ
Is BRLS financially healthy?
Borealis Foods Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does BRLS pay a dividend?
No, Borealis Foods Inc. does not currently pay a dividend.
How profitable is BRLS?
In FY2025, Borealis Foods Inc. had a net margin of -60.3%.
Is BRLS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Borealis Foods Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.