CubicFarm Systems

OverviewSuggest Edit

CubicFarm Systems is an ag-tech company that provides automated systems. It offers automated vertical farming systems for growing leafy greens.
TypePublic
Founded2015
Websitecubicfarms.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Feb 2021)48
Revenue (FY, 2021)C$5.3 M(+744%)
Share Price (Jun 2022)$0.3(-7%)
Cybersecurity ratingCMore
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Key People/Management at CubicFarm Systems

Dave Dinesen

Dave Dinesen

Chief Executive Officer
Jeff Booth

Jeff Booth

Chairman
Rodrigo Santana

Rodrigo Santana

President and Chief Operating Officer
Leo Benne

Leo Benne

Head of Invention and Director
Tim Fernback

Tim Fernback

Chief Financial Officer
Edoardo De Martin

Edoardo De Martin

Chief Technology Officer
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CubicFarm Systems Office Locations

CubicFarm Systems has offices in Renner and Langley City
Langley City, CA
9440 202 St
Renner, SD, US
25758 472nd Ave
Show all (2)

CubicFarm Systems Financials and Metrics

CubicFarm Systems Revenue

CubicFarm Systems's revenue was reported to be C$5.27 m in FY, 2021
CAD

Revenue (Q1, 2022)

244.0k

Gross profit (Q1, 2022)

506.0k

Net income (Q1, 2022)

(8.8m)

EBITDA (Q1, 2022)

(7.6m)

EBIT (Q1, 2022)

(8.8m)

Market capitalization (17-Jun-2022)

62.3m

Closing stock price (17-Jun-2022)

0.3
CubicFarm Systems's current market capitalization is $62.3 m.
Annual
CADFY, 2020FY, 2020FY, 2021

Revenue

5.2m625.0k5.3m

Cost of goods sold

(2.9m)(1.6m)

Gross profit

2.2m(343.0k)5.3m

R&D expense

(1.3m)(2.4m)
Quarterly
CADQ1, 2022

Revenue

244.0k

Cost of goods sold

262.0k

Gross profit

506.0k

R&D expense

(2.5m)
Annual
CADFY, 2020FY, 2020FY, 2021

Cash

3.6m16.2m21.4m

Accounts Receivable

2.0m880.0k2.1m

Prepaid Expenses

206.0k462.0k588.0k

Inventories

2.7m4.9m8.4m
Quarterly
CADQ1, 2022
Annual
CADFY, 2020FY, 2020FY, 2021

Net Income

(10.1m)(10.1m)(29.4m)

Depreciation and Amortization

570.0k333.0k992.0k

Inventories

(2.0m)(2.2m)(3.6m)

Accounts Payable

39.0k177.0k3.0m
Quarterly
CADQ1, 2022
Show all financial metrics

CubicFarm Systems Revenue Breakdown

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CubicFarm Systems revenue breakdown by business segment: 68.5% from FRESH and 31.5% from FEED

CubicFarm Systems revenue breakdown by geographic segment: 68.5% from CANADA and 31.5% from UNITED STATES

CubicFarm Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

CubicFarm Systems Online and Social Media Presence

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CubicFarm Systems News and Updates

CubicFarm Systems Corp. Announces Closing of $10.6 Million Overnight Marketed Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

CubicFarm Systems Corp. Announces Pricing of $10 Million Overnight Marketed Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

CubicFarm Systems Corp. Announces Overnight Marketed Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

CubicFarm Systems Corp. Announces Upsize to Previously Announced Bought Deal Public Offering of Common Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CubicFarm Systems Corp. Announces $20 Million Bought Deal Public Offering of Common Shares to Meet Accelerating Global Demand

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CubicFarm Systems Frequently Asked Questions

  • When was CubicFarm Systems founded?

    CubicFarm Systems was founded in 2015.

  • Who are CubicFarm Systems key executives?

    CubicFarm Systems's key executives are Dave Dinesen, Jeff Booth and Rodrigo Santana.

  • How many employees does CubicFarm Systems have?

    CubicFarm Systems has 48 employees.

  • What is CubicFarm Systems revenue?

    Latest CubicFarm Systems annual revenue is C$5.3 m.

  • What is CubicFarm Systems revenue per employee?

    Latest CubicFarm Systems revenue per employee is C$109.9 k.

  • Who are CubicFarm Systems competitors?

    Competitors of CubicFarm Systems include Karnott, Thomas Sherriff & Co and Proximity Designs.

  • Where are CubicFarm Systems offices?

    CubicFarm Systems has offices in Renner and Langley City.

  • How many offices does CubicFarm Systems have?

    CubicFarm Systems has 2 offices.