Beyond Oil Ltd C.BOIL

Alternate Symbol(s): BEOLF

Beyond Oil Ltd. is a Canada-based food technology company. The Company develops and manufactures and patented products. The product integrates into the existing filtration systems of both commercial and industrial fryers, reducing oil costs, helping create healthier food, decreasing waste and increasing sustainability. The Company specializes in filtering and processing aid products that can address many oils, applications, and industries. As a preferential adsorbent, the product reduces and prevents the formation of harmful components, such as free fatty acids (FFA), total polar materials (TPM), acrylamide, polycyclic aromatic hydrocarbons (PAHs), trans fats, and other impurities. It delivers a healthier final product by reducing the formation of carcinogenic substances in fried food. The Company provides Food service Frying and Industrial Frying. Its product is an active filter powder that eliminates harmful Free Fatty Acids generated in oil.

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Beyond Oil Ltd > q3 on sedar

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Comment by lscfaon Nov 29, 2022 1:51pm

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Post# 35137290

RE:RE:q3 on sedar

Based on co. slide deck, restaurants save $4500/yr/fryer.
An average 5 fryers per restaurant = $23,000/yr.savings.
BOIL will have to sell its product for less than this to get customers.
Say $5,000/yr/resturant of 5 fryers. Therefore the Joeys 45 sites => only $255,000/yr. Not great.
Recall the co. forecasts it will not be cash flow poitive until the end of 2023 so it needs to sign up alot more restaurants.

SilverSpewn wrote: what do you make of it? The TEJA and Joey's announcements plus all the activity in Turkey and Israel might suggest that next quarter will show significant revenue, no? Give us your analysis lscfa, us BOILERS need to stick together!

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