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Side-by-side financial comparison of Bon Natural Life Ltd (BON) and SNDL Inc. (SNDL). Click either name above to swap in a different company.

SNDL Inc. is the larger business by last-quarter revenue ($77.5M vs $10.2M, roughly 7.6× Bon Natural Life Ltd).

ABP OPCO, LLC, doing business as Au Bon Pain, is an American fast casual restaurant, bakery, and café chain headquartered in Richardson, Texas, which as of 2025 operated 34 locations in the United States as well as several outlets in Thailand. The company is owned by the Yum! Brands franchisee management company AMPEX Brands.

SNDL Inc. is a Canada-based consumer goods company focused primarily on the cannabis sector, offering a range of recreational and medical cannabis products, alongside craft beer, wine and spirit offerings. It operates across cultivation, product development, distribution and retail segments, serving both wholesale and retail customers mainly in the North American market.

BON vs SNDL — Head-to-Head

Bigger by revenue
SNDL
SNDL
7.6× larger
SNDL
$77.5M
$10.2M
BON

Income Statement — Q2 2025 vs Q1 2025

Metric
BON
BON
SNDL
SNDL
Revenue
$10.2M
$77.5M
Net Profit
$-41.8K
Gross Margin
29.1%
25.3%
Operating Margin
0.8%
6.7%
Net Margin
-0.4%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BON
BON
SNDL
SNDL
Q1 25
$10.2M
$77.5M
Q3 24
$23.8M
Q1 24
$14.1M
$116.1M
Q1 23
$115.9M
Net Profit
BON
BON
SNDL
SNDL
Q1 25
$-41.8K
Q3 24
$398.2K
Q1 24
Q1 23
Gross Margin
BON
BON
SNDL
SNDL
Q1 25
29.1%
25.3%
Q3 24
29.8%
Q1 24
33.3%
24.8%
Q1 23
Operating Margin
BON
BON
SNDL
SNDL
Q1 25
0.8%
6.7%
Q3 24
7.9%
Q1 24
21.1%
1.9%
Q1 23
Net Margin
BON
BON
SNDL
SNDL
Q1 25
-0.4%
Q3 24
1.7%
Q1 24
Q1 23
EPS (diluted)
BON
BON
SNDL
SNDL
Q1 25
Q3 24
$4.14
Q1 24
Q1 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BON
BON
SNDL
SNDL
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$44.3M
Total Assets
$61.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BON
BON
SNDL
SNDL
Q1 25
Q3 24
$80.5K
Q1 24
Q1 23
Total Debt
BON
BON
SNDL
SNDL
Q1 25
Q3 24
$1.4M
Q1 24
Q1 23
Stockholders' Equity
BON
BON
SNDL
SNDL
Q1 25
$44.3M
Q3 24
$43.9M
Q1 24
$36.0M
Q1 23
Total Assets
BON
BON
SNDL
SNDL
Q1 25
$61.8M
Q3 24
$61.8M
Q1 24
$46.6M
Q1 23
Debt / Equity
BON
BON
SNDL
SNDL
Q1 25
Q3 24
0.03×
Q1 24
Q1 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BON
BON
SNDL
SNDL
Operating Cash FlowLast quarter
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BON
BON
SNDL
SNDL
Q1 25
$-1.9M
Q3 24
$-7.7M
Q1 24
$-2.2M
Q1 23
Free Cash Flow
BON
BON
SNDL
SNDL
Q1 25
Q3 24
$-7.7M
Q1 24
$-2.2M
Q1 23
FCF Margin
BON
BON
SNDL
SNDL
Q1 25
Q3 24
-32.4%
Q1 24
-15.5%
Q1 23
Capex Intensity
BON
BON
SNDL
SNDL
Q1 25
Q3 24
0.0%
Q1 24
0.1%
Q1 23
Cash Conversion
BON
BON
SNDL
SNDL
Q1 25
Q3 24
-19.40×
Q1 24
Q1 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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