Happy Belly Food Group Inc Stock Price, News & Analysis

Happy Belly Food Group (HBFGF) has announced the signing of its first franchise agreement in Atlantic Canada for Heal Wellness, a QSR specializing in smoothie bowls, acai bowls, and smoothies, in Prince Edward Island. This marks Heal's 51st franchise agreement and entry into its fourth operating province, making it the fifth overall province for Happy Belly.

The agreement comes just ten weeks after announcing the area development agreement for Heal in Atlantic Canada. Happy Belly now has 531 contractually committed retail franchise locations across its emerging brands portfolio, including locations in development, under construction, or currently operating. The company plans to continue its expansion throughout 2025 and 2026, focusing on securing new franchise agreements and premium real estate nationwide.

Happy Belly Food Group (HBFGF) has announced the opening of its 22nd Heal Wellness location at the University of Calgary's University District, marking its 7th location in Alberta and 10th in Western Canada. The new quick-service restaurant, specializing in smoothie bowls, acai bowls, and smoothies, will open on May 24th, 2025.

The company now operates 54 restaurants across its franchised and corporate network, with 130 contractually committed units in development. Happy Belly's total pipeline includes 531 contractually committed retail franchise locations across its emerging brands. The new location will serve a potential market of over 38,000 students in the University District, a 200-acre development known for its sustainable design and healthy lifestyle focus.

Happy Belly Food Group (HBFGF) reported its 12th consecutive record quarter and first quarter of positive net income from operations in Q1 2025. Key highlights include:

- System sales doubled to $11M (+101% YoY) - Total revenue reached $4M (+95% YoY) - Adjusted EBITDA increased 690% to $0.23M - First-ever positive net income from operations at $0.01M - Restaurant count increased to 50 locations (+178% YoY) - Added 7 new restaurants in Q1 (6 openings, 1 acquisition) - Completed acquisition of Smile Tiger Coffee Roasters - Secured multiple area development agreements across Canada - Healthy working capital of $3.74M with $3.60M in cash

The company continues its aggressive expansion across Canada through both organic growth and acquisitions, while maintaining focus on their core principles of People, Product, and Process.

Happy Belly Food Group (OTCQB: HBFGF), a company focused on acquiring and scaling emerging food brands across Canada, has announced it will release its first quarter results on May 21st, 2025, after market close. The results will be available through a press release and accessible on both the company's website and SEDAR.

The company is implementing a new shareholder communication approach by creating a dedicated Q&A section on their website where investors can submit questions to management. This system aims to provide better accessibility and searchability compared to traditional conference calls, as responses will be archived and periodically published.

Happy Belly Food Group (HBFGF) has announced the opening of its 21st Heal Wellness location in Grand Bend, Ontario. The new quick-service restaurant (QSR), specializing in smoothie bowls, acai bowls, and smoothies, will open at 77 Main Street West on May 17th, 2025.

This marks Happy Belly's 12th location in Ontario and its 54th restaurant in its franchised and corporate network. The company has secured contractual commitments for 531 retail franchise locations across its emerging brands, with 130 units specifically for Heal Wellness. The expansion includes ongoing construction projects across Alberta, British Columbia, and Ontario.

The Grand Bend location was strategically chosen for its beachside community, strong summer tourism, and high foot traffic, with tens of thousands of seasonal visitors. The area's active lifestyle culture and limited competition in clean-eating offerings position Heal Wellness to capitalize on the growing demand for wellness-focused dining options.

Happy Belly Food Group (HBFGF) has announced the signing of its 50th franchise agreement for its Heal Wellness brand in Grande Prairie, Alberta. Heal Wellness is a QSR specializing in fresh smoothie bowls, acai bowls, and smoothies. The company has a total contractual commitment for 130 units and currently maintains 531 contractually committed retail franchise locations across its emerging brands.

CEO Sean Black emphasized the company's strategic expansion across Canada, highlighting Heal Wellness's first-mover advantage in the acai bowl and smoothie market. The company plans to accelerate both organic and inorganic growth throughout 2025-2026, with multiple locations already under construction. Grande Prairie, with its population of nearly 70,000, was chosen for its health-conscious demographic and growing economy.

Happy Belly Food Group (HBFGF) has exercised its right to acquire the remaining 50% of Heal Wellness, a QSR specializing in smoothie bowls, making it a wholly-owned subsidiary. The acquisition comes three years after initially purchasing 50% of Heal for $250,000 in stock. Under the joint venture, Heal has experienced remarkable growth, expanding from 2 to 20 locations (6 corporate, 14 franchised) with a development pipeline of 130 units across Canada. The company's TTM EBITDA has reached $750,000 CDN, up significantly from the projected $230,000 CDN three years ago. The remaining 50% will be acquired at a 3.75x TTM EBITDA multiple, funded through Happy Belly shares at current market value. Heal co-founder Jesse Davidson will join Happy Belly full-time as Brand Leader. The transaction is expected to close by end of July.

Happy Belly Food Group has announced its 11th consecutive record quarter and first fiscal year of positive Adjusted EBITDA. The company reported remarkable growth in 2024, with system-wide sales increasing 419% to $30.30M and total operating revenues rising 72% to $9.38M.

Key achievements include:

• Expansion from 13 to 43 operating restaurants
• Product sales up 56% to $7.93M
• Royalties and franchise fees increased 400% to $0.98M
• Positive Adjusted EBITDA of $0.26M
• Strong cash position of $3.49M

The company made strategic acquisitions including Via Cibo, IQ Foods, and Yolks Breakfast. In early 2025, they've already opened 10 additional restaurants and acquired Smile Tiger Coffee Roasters. With multiple new franchise agreements and area development deals across Canada, Happy Belly continues its aggressive expansion in both QSR and CPG segments.

Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has announced the opening of a new Heal Wellness location in Calgary's Historic Alberta Block. The quick-service restaurant, specializing in smoothie bowls, acai bowls, and smoothies, will open on April 26th, 2025, at Suite 105, 805 First Street SW, Calgary.

This marks Heal's 20th system-wide location, with additional units under construction across Alberta, British Columbia, and Ontario. The company has secured contractual commitments for 130 total units, with growing franchise interest from operators and landlords. Happy Belly currently has 531 contractually committed retail franchise locations across their emerging brands, with plans for continued expansion throughout 2025 and 2026.