C
4.43
+2.78%
Close of 9 Nov 2026, in CAD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CAD, from our data supplier.
Revenue
C$32.8m
FY2016FY2025
Net income
C$2.1m
FY2016FY2025
Free cash flow
C$1.4m
FY2016FY2025
Shareholders' equity
C$30.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$32.8m | C$31.2m | C$26.6m | C$18.1m | C$19.6m | C$25.8m | C$34.0m | C$26.7m | C$27.3m | C$6.7m |
| Research and development | C$1.3m | C$1.6m | C$1.4m | C$1.1m | C$1.1m | C$794,241 | C$1.4m | C$1.4m | C$1.1m | C$762,846 |
| Operating income | C$1.8m | C$2.8m | −C$4.5m | −C$9.1m | C$838,343 | −C$6.1m | −C$8.2m | C$1.6m | C$1.8m | −C$3.0m |
| Net income | C$2.1m | C$2.7m | −C$4.5m | −C$9.7m | C$23.5m | −C$7.0m | −C$9.1m | C$1.6m | C$1.8m | −C$3.1m |
| Diluted earnings per share | 0.07 | 0.09 | -0.18 | -0.38 | 0.91 | -0.27 | -0.35 | 0.07 | 0.08 | -0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$36.1m | C$31.8m | C$24.9m | C$30.4m | C$40.6m | C$34.7m | C$39.6m | C$19.7m | C$12.0m | C$6.5m |
| Cash and short-term investments | — | C$16.7m | C$8.8m | C$14.1m | C$22.9m | C$3.5m | C$9.6m | C$5.5m | C$4.2m | C$1.5m |
| Total liabilities | C$5.4m | C$4.3m | C$6.1m | C$6.1m | C$7.2m | C$25.6m | C$24.7m | C$6.6m | C$3.0m | C$2.7m |
| Debt | — | C$901,671 | C$1.6m | C$2.2m | C$2.6m | C$20.9m | C$18.1m | C$1.5m | −C$2.3m | −C$1.7m |
| Shareholders' equity | C$30.7m | C$27.5m | C$18.8m | C$24.2m | C$33.4m | C$9.1m | C$14.9m | C$13.1m | C$9.0m | C$3.8m |
| Shares outstanding | 31m | 31m | 25m | 25m | 26m | 26m | 26m | 22m | 21m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$2.3m | C$3.5m | −C$3.2m | −C$8.0m | C$621,366 | −C$4.0m | −C$2.8m | −C$655,470 | C$15,147 | −C$1.0m |
| Capital spending | −C$847,024 | −C$416,835 | −C$1.3m | −C$1.1m | −C$177,660 | −C$371,092 | −C$1.3m | −C$740,093 | −C$359,700 | −C$251,712 |
| Free cash flow | C$1.4m | C$3.1m | −C$4.5m | −C$9.1m | C$443,706 | −C$4.4m | −C$4.1m | −C$1.4m | −C$344,553 | −C$1.3m |
| Dividends paid | — | — | — | −C$1.6m | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$10.0m | C$8.7m | C$6.9m | C$8.7m | C$8.4m | C$7.6m | C$8.2m | C$8.9m |
| Operating income | C$2.7m | C$919,989 | C$52,244 | C$245,846 | −C$78,662 | C$281,820 | C$1.3m | C$664,376 |
| Net income | C$2.8m | C$1.1m | C$125,377 | C$358,337 | C$64,567 | C$429,139 | C$1.2m | C$612,867 |
| Diluted earnings per share | 0.09 | 0.04 | 0.00 | 0.01 | 0.00 | 0.01 | 0.04 | 0.02 |
| Cash from operations | C$2.0m | −C$1.0m | C$5.0m | — | C$2.0m | — | — | C$2.0m |
| Total assets | C$36.6m | C$33.2m | C$32.8m | C$36.1m | C$35.2m | C$35.1m | C$34.8m | C$31.8m |
| Cash and short-term investments | — | — | — | — | — | — | — | C$16.7m |
| Debt | — | — | — | — | — | — | — | C$600,485 |
| Shareholders' equity | C$31.5m | C$28.0m | C$26.4m | C$30.7m | C$29.7m | C$31.1m | C$30.7m | C$27.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.8% | 4.9% | 15.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.1% | -8.4% | -9.3% | -8.9% |
| Net margin | 7.4% | -8.6% | 4.6% | -1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.9 | 37.3 | -5.9 | -6.1 | 2.9 | -4.3 | -5.6 | 56.3 | 58.0 | -6.6 |
| Price to sales | 1.6 | 3.2 | 1.0 | 3.3 | 3.5 | 1.1 | 1.5 | 3.4 | 3.9 | 3.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 4 Nov 2025.
| FY2026 | |
|---|---|
| Paid in the year | 0.15 |
- 10-to-1 reverse split · 16 Jul 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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