CubicFarm Systems Corp., a local chain agricultural technology company, provides automated on site commercial scale food and livestock feed technologies in Canada. It operates through two segments: Feed Division and Fresh Division. The company engages in the research, development, manufacture, and sale of hydroponic growing systems for fresh produce and livestock feed supply. It also offers cubicfarm and hydrogreen grow system services; grows and sells lettuce, microgreens, and other products; and manufactures and sells animal feed systems. The company was formerly known as Forty Foot Farms Ltd. and changed its name to CubicFarms Systems Corp. in June 2016. CubicFarms Systems Corp was incorporated in 2015 and is headquartered in Langley, Canada.
Research context
CubicFarm Systems Corp appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
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5 years, 6 months ago
CubicFarm Systems Corp is currently in a long term uptrend where the price is trading 21.9% above its 200 day moving average.
From a valuation standpoint, the stock is 1.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 31.3.
CubicFarm Systems Corp's total revenue rose by 66.4% to $401K since the same quarter in the previous year.
Its net income has dropped by 65.6% to $-4M since the same quarter in the previous year.
Finally, its free cash flow grew by 26.6% to $-3M since the same quarter in the previous year.
Based on the above factors, CubicFarm Systems Corp gets an overall score of 4/5.