CubicFarm Systems Corp. develops, manufactures, and sells cubic farming systems for farmers worldwide. The company offers CubicFarm System and CubicFarms' HydroGreen Grow System. Its systems help farmers to produce lettuce, basil, microgreens, nutraceutical ingredients, and animal feed. The company was formerly known as Forty Foot Farms Ltd. and changed its name to CubicFarms Systems Corp. in June 2016. CubicFarms Systems Corp was incorporated in 2015 and is headquartered in Langley, Canada.

CubicFarm Systems Corp.

CubicFarm Systems provides indoor farm technologies that enable the growth of plant, food, and livestock feed at commercial scale. Their products include the HydroGreen Grow System and Automated Vertical Pastures.

CubicFarm Systems

CubicFarm Systems Corp. | 6,991 followers on LinkedIn. CubicFarm Systems Corp. (TSX: CUB) was founded by farmers to provide onsite commercial-scale food &amp; feed technologies. | CubicFarm Systems Corp. is an award-winning technology company, founded by farmers. At CubicFarms, we provide local chain agriculture technologies to help minimize the use of natural resources and maximize cubic growing space. Using our indoor farming technologies, we strengthen local food systems that benefit our people, resources, and economy.

Chief Information and Technology Officer (CIO and CTO)

Shay Byrne

Executive Leadership | Culture Builder | Business Growth Champion | Digital Transformation | Social Impact

Michael McCarthy

Entrepreneur, Lawyer, Accountant and Independent Director.

Daniel Burns, JD, MBA, CPA

Financial Consultant

Betty Le

CubicFarm Systems Corp. Announces Filing of Second Quarter Financial Statements and Provides Update on Cease Trade Order https://lnkd.in/gDEtQysd

CubicFarm Systems Corp. Announces Filing of First Quarter Financial Statements and Provides Update on Cease Trade Order https://lnkd.in/gMhdsHAJ

CubicFarm Systems Corp. Announces Filing of Annual Financial Statements and Provides Update on Cease Trade Order https://lnkd.in/g4vSjFQc

We are proud to announce CubicFarms and HydroGreen 's strategic partnership with PLAINVIEW BEEF , marking a significant milestone in agricultural technology with our inaugural Feed as a Service (FaaS) installation. This collaboration underscores our commitment towards sustainable agriculture, emphasizing our commitment to innovation and quality in the grass-fed beef sector. 🌱 Our joint venture begins with the deployment of HydroGreen’s advanced feed systems in Wray, Colorado, setting a new standard in feed quality and environmental stewardship. This initiative not only supports Plainview Beef’s national rollout but also showcases our dedication to enhancing the nutritional value and sustainability of livestock feed. Join us as we redefine the future of agriculture, fostering growth and excellence in the grass-fed beef industry. Read more: https://lnkd.in/gyi-aYS8 #AgriculturalInnovation #Sustainability #StrategicPartnership #GrassFedBeef Gabriel Orr Brent Orr John de Jonge john jarchow

	Jun '18	Jun '19	Jun '20	Dec '21	Dec '22
revenue		5.36M -	5.17M 3.52%	5.27M 2.05%	3.64M 31.05%
cost of revenue		4.08M -	2.93M 28.16%	5.26M 79.72%	10.10M 91.83%
gross profit		1.28M -	2.24M 74.99%	9.29K 99.58%	-6.46M 69,628.42%
selling and marketing expenses	21.04K -	127.21K 504.59%	535.04K 320.59%	6.31M 1,078.98%	6.02M 4.53%
general and administrative expenses	1.29M -	5.16M 301.11%	6.95M 34.66%	16.64M 139.48%	15.20M 8.66%
selling general and administrative expenses	1.31M -	5.29M 304.38%	7.49M 41.54%	22.95M 206.64%	21.23M 7.53%
research and development expenses	59.97K -	2.46M 3,999.45%	1.33M 45.97%	7.52M 466.06%	10.42M 38.59%
other expenses		-468.11K -	254.12K 154.29%	-118.31K 146.56%	151.85K 228.35%
cost and expenses	1.37M -	11.82M 764.45%	13.95M 18.02%	34.37M 146.31%	42.32M 23.12%
operating expenses	1.37M -	7.75M 466.38%	11.03M 42.33%	29.11M 164.00%	32.22M 10.69%
interest expense	583 -	15.98K 2,641.68%	25.87K 61.84%	492.40K 1,803.43%	1.36M 176.80%
ebitda	-1.35M -	-6.50M 381.61%	-8.08M 24.25%	-27.56M 241.25%	-36.60M 32.81%
operating income	-1.37M -	-6.88M 403.15%	-8.73M 26.92%	-29.21M 234.47%	-38.52M 31.85%
depreciation and amortization	18.13K -	381.92K 2,006.82%	658.24K 72.35%	1.65M 151.22%	1.91M 15.78%
total other income expenses net	-26.55K -	-1.22M 4,505.52%	-1.63M 32.93%	233.95K 114.39%	-21.13M 9,132.61%
income before tax	-1.39M -	-7.63M 447.04%	-10.33M 35.35%	-29.35M 184.21%	-61.16M 108.37%
income tax expense	583 -	-474.18K 81,433.62%	-235.80K 50.27%	3.97K 101.68%	-793.35K 20,088.71%
net income	-1.39M -	-7.63M 447.04%	-10.09M 32.26%	-29.36M 190.89%	-60.37M 105.64%
weighted average shs out	84.18M -	84.18M 0%	92.33M 9.68%	154.48M 67.32%	183.54M 18.81%
weighted average shs out dil	84.18M -	84.18M 0%	92.33M 9.68%	154.48M 67.32%	183.54M 18.81%
eps	-0.02 -	-0.09 445.78%	-0.11 21.41%	-0.19 72.73%	-0.33 73.68%
epsdiluted	-0.02 -	-0.09 445.78%	-0.11 21.41%	-0.19 72.73%	-0.33 73.68%

COM:CUBICFARMS

CubicFarm Systems

Last Close

0.02

18/12 20:43

Market Cap

3.95M

Beta: -

Volume Today

452.14K

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