Bullboard - Stock Discussion Forum Goodfood Market Corp T.FOOD.DB.A

Primary Symbol: T.FOOD Alternate Symbol(s): GDDFF | T.FOOD.DB

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer... see more

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TSX:FOOD - Post Discussion

Goodfood Market Corp > Moving towards positive Adj EBITDA So much for cheap shares!

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Post by horseshoefalls on Dec 02, 2022 4:24pm

Moving towards positive Adj EBITDA So much for cheap shares!

Great strides by the company in the past quarter in reducing captial costs, cash burn and getting some money in from closing facilities I beleive they said leasing costs should go down appx 80% which is a huge relief given interest rate enivironment.

I can't believe how oversold this stock had become, we should be back over $2-$3 at some point next year after all the tax loss selling is done. For those who just got in now, FOOD is looking to be a multi-bagger!

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