Logo

STKH

Steakholder Foods Ltd.

STKH

Steakholder Foods Ltd. NASDAQ
$2.63 3.35% (+0.09)

Market Cap $229543
52w High $98.00
52w Low $2.13
Dividend Yield 0%
P/E -0.04
Volume 10.98K
Outstanding Shares 87.44K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $0 $-1.722M $-1.922M 0% $-1.75 $-1.585M
Q1-2025 $0 $-1.722M $-1.922M 0% $-1.75 $-1.585M
Q4-2024 $5K $2.051M $-2.093M -41.86K% $-24 $-1.93M
Q3-2024 $5K $2.051M $-2.093M -41.86K% $-24 $-1.93M
Q2-2024 $0 $2.181M $-2.167M 0% $-27 $-2.074M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $1.425M $5.858M $1.747M $4.111M
Q1-2025 $1.425M $5.858M $1.747M $4.111M
Q4-2024 $1.362M $7.787M $3.74M $4.047M
Q3-2024 $1.362M $7.787M $3.74M $4.047M
Q2-2024 $5.668M $12.154M $4.389M $7.765M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.922M $-1.407M $-729K $2.182M $0 $-1.444M
Q1-2025 $-1.922M $-1.407M $-729K $2.182M $0 $-1.444M
Q4-2024 $-2.093M $-2.041M $-290K $199.5K $0 $-2.361M
Q3-2024 $-2.093M $-2.041M $-290K $199.5K $-5.436M $-2.361M
Q2-2024 $-2.167K $-2.188K $-187.5 $2.993K $594 $-2.36K

Five-Year Company Overview

Income Statement

Income Statement The company is still essentially pre‑revenue, with no meaningful sales showing up yet in recent years. All activity flows through as operating and net losses, which appear relatively small in absolute corporate terms but are large compared with the zero revenue base. This reflects a classic early‑stage, R&D‑heavy profile: costs for talent, labs, and technology development with no offsetting product income so far. Until recurring commercial orders ramp up, the income statement will remain driven by research spending and overhead rather than by business scale, and profitability is not yet in sight.


Balance Sheet

Balance Sheet The balance sheet is very light, with only a modest pool of assets and cash and no financial debt. That means there is no leverage risk, which is a positive, but it also means there is only a thin financial cushion to absorb ongoing losses. Equity has been funding the business, and the repeated reverse stock splits in recent years suggest pressure on the share price and likely past dilution for shareholders. Overall, the company looks undercapitalized for a long commercialization journey and appears dependent on continuing access to external funding.


Cash Flow

Cash Flow Cash flow is consistently negative from operations, reflecting a steady cash burn to cover research, staff, and overhead without incoming revenue. Free cash flow is also negative, though the company is not yet committing heavy sums to physical capital investments. This pattern is typical for a technology‑driven food startup but underscores that the business model is not self‑funding. Without a meaningful pickup in customer orders, the company will likely need fresh capital to support its runway, making financing conditions a key risk factor.


Competitive Edge

Competitive Edge Steakholder Foods is trying to carve out a differentiated niche in alternative proteins by focusing on 3D bioprinting technology and a business‑to‑business model. Instead of competing purely as a branded food company, it aims to sell printers and proprietary “bio‑ink” premixes to other food producers. Its strengths lie in deep technical know‑how, the ability to create realistic textures for meat and fish alternatives, and a growing patent portfolio. Early purchase orders and letters of intent support the idea that there is interest in its platform. However, the company operates in a crowded, fast‑moving space with well‑funded rivals in both plant‑based and cultivated meat, and no clear, entrenched moat has been proven at commercial scale yet. Market adoption, cost competitiveness, and regulatory outcomes remain big uncertainties.


Innovation and R&D

Innovation and R&D Innovation and R&D are the core of this company. It has developed specialized 3D bioprinters, proprietary plant‑based bio‑inks for meat and fish alternatives, and a flexible platform designed to handle multiple animal species. The longer‑term ambition is to integrate cultivated cells and ultimately print fully cultivated meat, which, if achieved at scale and at a reasonable cost, would be a major breakthrough. The company is actively filing and securing patents around its print heads, methods, and formulations, which could support a defensible technology position. That said, the gap between promising lab work and reliable, profitable mass production in food is often wide, so the key question is not whether the technology is clever, but whether it can be industrialized and monetized before funding or competitive pressure becomes a constraint.


Summary

Steakholder Foods is an early‑stage, high‑risk food‑tech platform company: strong on innovation, very weak so far on commercial proof and financial self‑sufficiency. The financials show a typical pre‑revenue, loss‑making profile backed by a small asset base, no debt, and ongoing cash burn, implying dependence on capital markets and potential further dilution. Strategically, the firm is pursuing a differentiated B2B role as a technology and ingredient provider to the wider alternative protein industry, supported by advanced 3D bioprinting capabilities and a growing IP portfolio. The major opportunity lies in enabling realistic, structured alternative meat and fish at scale, and eventually cultivated meat, while the major risks relate to funding needs, competitive intensity, regulatory and consumer acceptance, and the challenge of turning scientific progress into sustainable, repeatable revenue. Observers will want to track concrete adoption by manufacturers, growth in recurring orders, and the company’s ability to manage its cash runway as the main indicators of whether its vision can translate into a viable business.