Borealis Foods vs DDC Enterprise
DDC Enterprise is the larger business, with $38.1m of revenue in fiscal 2025 against $31.5m for Borealis Foods (1.2 times as much). Borealis Foods grew faster (8.2% against 0.4%). Borealis Foods kept more of each dollar of sales as profit: a net margin of -60.3% against -130.2%.
| Latest fiscal year | Borealis FoodsBRLS, 2025 | DDC EnterpriseDDC, 2025 |
|---|---|---|
| Revenue | $31.5m | $38.1m |
| Revenue growth | 8.2% | 0.4% |
| Net income | −$19.0m | −$49.6m |
| Operating margin | -35.1% | -90.0% |
| Net margin | -60.3% | -130.2% |
| Return on equity | — | -127.7% |
| Free cash flow | −$6.6m | −$38.6m |
| Cash | $64,000 | $3.0m |
| Total debt | $8.7m | $6.0m |
| Debt to equity | — | 8.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 140 | — |
| Market value | $25.0m | $7.4m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |