Forbidden Foods Ltd

  • IPO date:
  • Sector: Consumer Defensive
  • GIC Group: Food, Beverage & Tobacco
  • Industry: Packaged Foods
  • Company website

Company description

Forbidden Foods Limited supplies organic rice, conventional rice, rice flour, and rice food solutions in Australia and New Zealand. It offers black, organic, and conventional rice; and rice flour, flakes, and syrups under the Forbidden brand; and range of flours, powders, grains, and blends for plant-based food home-cooks and food manufactures under the Sensory Mill brand. The company also provides its products under the FUNCH brand name. It serves retail, food service, and quick service restaurant customers through e-commerce. The company also exports its products to New Zealand, Ireland, Singapore, and the United States. Forbidden Foods Limited was founded in 2010 and is based in Abbotsford, Australia.

Financial highlights

Market Capitalization$2.616 million
P/E Ratio0
P/E Growth Ratio
Book Value0.012
Dividend Per Share0
Earnings Per Share-0.04
EBITDA-3,836.375
Profit Margin-1.4882
Operating Margin TTM-1.0441
Return on Assets TTM-0.4634
Return on Equity TTM-1.4096
Revenue TTM3,733.271

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31 2,554.72 1,440.95 1,113.77
2017-12-31 3,378.02 2,049.76 1,328.26
2018-12-31 3,429.34 2,206.11 1,223.23
2019-12-31 4,188.39 2,709.52 1,478.87
2020-12-31 4,206.387 2,836.285 1,370.102 4,459.722
2021-12-31 6,581.489 4,221.122 2,360.367 6,910.79
2022-12-31 3,735.47 2,630.1 1,105.37

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-12-31 126.11 992.95 574.92 0 152.35 409.98
2017-12-31 124.21 1,511.91 1,180.86 0 152.35 586.451
2018-12-31 14.67 1,144.83 1,007.22 0 0 586.451
2019-12-31 136.31 2,269.77 4,380.87 1,906.43 586.451
2020-12-31 1,149.06 4,347.552 1,290.38 117.394 8,731.675
2021-12-31 2,297.588 7,864.212 1,756.32 66.818 15,346.088
2022-12-31 351.99 2,689.84 826.37 16,428.3

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 54.156 -132.76 131.274
2017-12-31 -263.098 -6.746 -1.902
2018-12-31 -192.497 34.909 -109.539
2019-12-31 -2,353.3 -1,134.578 121.637 136.308
2020-12-31 -3,455.92 -3,704.058 1,012.752 136.308 1,149.06
2021-12-31 -3,681.288 -2,286.355 1,148.528 1,149.06 2,297.588
2022-12-31 -5,467.134 -2,986.77 -1,945.6 2,297.588 351.986