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LOCL – Freshlocal Solutions Inc

Not Compliant

—X—

Freshlocal Solutions Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$5,662,309

Market cap

77%

Revenue Growth

HOLD

Analysts' Rating

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Recommendation Rating

3

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.47

Low: 0.47

High: 0.47

Total Analysts: 1

Company Profile

Freshlocal Solutions Inc. is a Canada-based company engaged in providing end-to-end grocery e-commerce solutions. The Company operates two primary businesses, FoodX and eGrocery. FoodX Technologies (FoodX) is the Company’s end-to-end software as a service (SaaS)-based eGrocery management solution (eGMS) which is designed to meet the needs of large and small grocery retailers. The Company’s consumer eGrocery business is focused on delivering fresh, local, organic produce and groceries. It serves the main urban markets in Alberta and British Columbia through its brick and mortar store locations operating under the Blush Lane and Be Fresh banners, as well as through SPUD.ca, which is the Company’s online eGrocery platform. The Company’s brands include Mainland Fresh, which wholesales organic dairy and fresh products for grocery, convenience, restaurant and cafes. Its brands also include SPUD.ca, FoodX Technologies, Blush Lane, Be Fresh and Mainland Fresh.

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