Latest news with #BurconNutraScience
The Market Online
5 days ago
- Business
- The Market Online
Plant-based protein stock ramps up path to profitability
Burcon NutraScience (TSX:BU), a plant-based protein stock, signed a C$6.8 million multi-year production agreement with a top provider of clean label, plant-based ingredients Burcon's record for annual revenue over the past five years stands at C$360,000 Burcon NutraScience stock has added 76.8 per cent year-to-date but remains down by 27.2 per cent year-over-year Burcon NutraScience (TSX:BU), a plant-based protein stock, signed a C$6.8 million multi-year production agreement with a top provider of clean label, plant-based ingredients. Burcon expects production during the first year, which began in Q2 2025, to generate a minimum of C$1.4 million in revenue, with this figure set to rise as production ramps up through the end of the year. The agreement represents a significant increase in revenue for Burcon, following the beginning of commercial production announced earlier this month, with the company achieving a 5-year annual high of C$360,000 for all of 2023. According to Tuesday's news release, management estimates that operations will generate C$1 million to C$3 million in revenue in calendar 2025, surpassing C$10 million in 2026 while reaching positive cash flow, thanks to the benefits of scale and a robust supply agreement pipeline. Leadership insights 'We're pleased to secure a significant revenue stream using the production capabilities of the Galesburg facility,' Kip Underwood, Burcon's chief executive officer, said in a statement. 'This agreement represents a major step in Burcon's road to profitability and supports our revenue target for calendar 2025. We look forward to building a long and successful relationship with this customer.' About Burcon NutraScience Burcon is a global technology company specializing in plant-based proteins for the food and beverage industry. The company's patent portfolio includes proteins derived from pea, canola, soy, hemp and sunflower, among other plant sources. The plant-based protein stock (TSX:BU) is up by 8.02 per cent trading at C$2.83 as of 10:18 am ET. The stock has added 76.8 per cent year-to-date but remains down by 27.2 per cent year-over-year. Join the discussion: Find out what everybody's saying about this plant-based protein stock on the Burcon NutraScience Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
06-05-2025
- Business
- Yahoo
TSX Growth Companies With High Insider Ownership In May 2025
With Canada's election now behind it, policymakers are poised to address key economic issues such as trade and fiscal policy, while the Bank of Canada considers potential interest rate cuts to bolster household consumption. Amidst this backdrop of economic recalibration and evolving trade dynamics, growth companies with high insider ownership can be particularly appealing due to their alignment with shareholder interests and potential resilience in uncertain times. Top 10 Growth Companies With High Insider Ownership In Canada Name Insider Ownership Earnings Growth Propel Holdings (TSX:PRL) 36.5% 36% Robex Resources (TSXV:RBX) 25.6% 147.4% Allied Gold (TSX:AAUC) 17% 63.2% Almonty Industries (TSX:AII) 11.7% 49.8% Enterprise Group (TSX:E) 32.2% 50.5% Aritzia (TSX:ATZ) 17.5% 22.4% Intermap Technologies (TSX:IMP) 14.5% 78.8% VersaBank (TSX:VBNK) 10.4% 53.5% Burcon NutraScience (TSX:BU) 16.4% 152.2% SolarBank (NEOE:SUNN) 17.6% 178.3% Click here to see the full list of 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★★★ Overview: Almonty Industries Inc. is involved in the mining, processing, and shipping of tungsten concentrate with a market cap of CA$687.65 million. Operations: The company's revenue is derived from two main segments: Woulfe, contributing CA$0.03 million, and Panasquiera, contributing CA$28.81 million. Insider Ownership: 11.7% Earnings Growth Forecast: 49.8% p.a. Almonty Industries is poised for significant growth, with revenue expected to increase by 42.7% annually, outpacing the Canadian market. Despite recent volatility and a net loss of C$16.3 million in 2024, analysts anticipate a 92.1% stock price rise as profitability improves over the next three years. The company's strategic partnership with American Defense International strengthens its position in critical metals, while high insider ownership reflects confidence in Almonty's long-term potential. TSX:AII Earnings and Revenue Growth as at May 2025 Simply Wall St Growth Rating: ★★★★☆☆ Overview: A & W Food Services of Canada Inc. operates and franchises quick service restaurants across Canada, with a market cap of CA$791.93 million. Operations: A & W Food Services of Canada Inc. generates revenue primarily through the development, operation, and franchising of quick service restaurants within the Canadian market.
