Borealis Foods (BRLS)
Packaged noodle-meal brands paired with manufacturing and broad retail distribution.
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Sells shelf-stable noodle meals through Chef Woo, Ramen Express, Woodles and Chef Ramsay-branded products, generating product revenue across retail, e-commerce, foodservice and institutional channels. Combines its brands with manufacturing capacity and a North American distribution platform.
Sells shelf-stable noodle meals under Chef Woo, Ramen Express, Woodles and Chef Ramsay-branded products. Chef Woo is the nutrition-forward flagship, built around complete plant protein, while Ramen Express addresses accessible everyday instant meals. Revenue comes from packaged-food sales through grocery and supermarket customers, e-commerce, foodservice and institutional channels.
Combines consumer brands with owned large-scale manufacturing and a North American distribution platform. The operating model centers on producing shelf-stable meals at scale, placing them across retail channels, and replenishing them as demand develops.
Depends on distribution continuity, shelf placement, production throughput, ingredient and packaging availability, food safety, and accurate product-label and protein claims.
Company facts
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No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $479.9K · Total debt $26.2M · Total assets $50.9M · Shareholders' equity −$22.7M
- Revenue
- $7.8M
- Operating income
- −$2.1M
- Net income
- −$3.5M
No dividends on record.
| Institutions3 holders · as of Mar 31, 2026 | 0.19% | 39.9K shares | |
| Insiders8 holders · as of Jun 26, 2026 | 28.11% | 6.03M shares | |
| Strategic holders2 holders · as of Feb 27, 2026 | 31.39% | 6.74M shares | |
| Otherremainder | 40.31% | 8.65M shares |
21.46M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Oxus Capital PTE. LTD.Strategic10 percent owner | 24.70% | 5.30M | Form 4filed Oct 11, 2024 ↗ |
Reza SoltanzadehInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 14.13% | 3.03M | Form 4filed May 29, 2026 ↗ |
Barthelemy HelgInsiderdirector | 12.66% | 2.72M | Form 4filed May 29, 2026 ↗ |
Alta Partners LLCStrategic | 6.69% | 1.44M | 13Gfiled Feb 27, 2026 ↗ |
Amin AjamiInsiderdirector | 0.51% | 110,169 | Form 4filed May 22, 2026 ↗ |
| See all 18 → | |||
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 5, 2024 | Sergii Diachenko | 10 percent owner | +4,114 | $11.50 |
| May 30, 2024 | Sergii Diachenko | 10 percent owner | +100 | $11.50 |
| May 31, 2024 | Sergii Diachenko | 10 percent owner | +1,717 | $11.50 |
| Jun 3, 2024 | Sergii Diachenko | 10 percent owner | +5,170 | $11.50 |
| Jun 4, 2024 | Sergii Diachenko | 10 percent owner | +53,673 | $11.50 |
Not reported.