N
2.33
+1.75%
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$24.0m
FY2015FY2024
Net income
C$13.4m
FY2015FY2024
Free cash flow
C$13.1m
FY2015FY2024
Shareholders' equity
C$136.2m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$24.0m | C$18.5m | C$11.9m | C$7.5m | C$3.6m | C$1.1m | C$157,492 | — | — | — |
| Gross profit | C$14.3m | C$11.0m | C$6.7m | C$4.3m | C$2.0m | C$625,177 | C$96,925 | — | — | — |
| Operating income | C$12.0m | C$9.2m | C$4.8m | C$2.7m | −C$533,588 | −C$600,431 | −C$710,960 | −C$283,236 | −C$272,214 | −C$46,592 |
| Net income | C$13.4m | −C$2.2m | C$7.5m | C$9.4m | −C$2.2m | −C$1.4m | −C$691,936 | −C$324,418 | −C$288,098 | −C$338,876 |
| Diluted earnings per share | 0.60 | -0.13 | 0.51 | 1.06 | -0.02 | -0.03 | -0.03 | -0.03 | -0.91 | -1.48 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$456.8m | C$247.2m | C$205.7m | C$143.8m | C$82.6m | C$18.5m | C$5.4m | C$17,911 | C$183,276 | C$6,355 |
| Cash and short-term investments | C$8.5m | C$5.3m | C$814,000 | C$17.7m | — | — | — | — | — | — |
| Total liabilities | C$320.6m | C$172.6m | C$135.8m | C$83.0m | C$63.0m | C$14.0m | C$4.1m | C$365,761 | C$266,383 | C$95,336 |
| Debt | C$311.0m | C$170.4m | C$133.9m | C$82.2m | C$56.7m | C$12.4m | C$3.7m | C$2,450 | — | — |
| Shareholders' equity | C$136.2m | C$74.6m | C$69.9m | C$60.8m | C$19.6m | C$4.5m | C$1.3m | −C$347,850 | −C$83,107 | −C$88,981 |
| Shares outstanding | 22m | 16m | 15m | 9m | 131m | 49m | 24m | 10m | 0m | 0m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$13.1m | C$4.1m | C$2.3m | C$677,800 | C$652,436 | −C$60,612 | −C$251,525 | −C$195,171 | −C$172,864 | −C$40,628 |
| Free cash flow | C$13.1m | C$4.1m | C$2.3m | C$677,800 | C$652,436 | −C$60,612 | −C$251,525 | −C$195,171 | −C$172,864 | −C$40,628 |
| Dividends paid | −C$986,200 | −C$660,300 | −C$581,100 | −C$353,300 | — | — | — | — | — | — |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$8.6m | C$8.6m | C$8.6m | C$8.5m | C$5.8m | C$4.9m | C$4.9m | C$4.8m |
| Gross profit | C$5.3m | C$5.2m | C$4.9m | C$4.9m | C$3.5m | C$3.0m | C$2.9m | C$2.9m |
| Operating income | C$4.8m | C$4.3m | C$4.4m | C$4.2m | C$3.1m | C$2.3m | C$2.5m | C$2.5m |
| Net income | C$2.1m | C$4.0m | C$4.4m | C$3.0m | C$8.0m | C$1.3m | C$1.0m | −C$3.0m |
| Diluted earnings per share | 0.06 | 0.12 | 0.13 | 0.09 | 0.36 | 0.08 | 0.06 | -0.18 |
| Cash from operations | C$5.0m | C$1.0m | C$1.0m | C$4.0m | C$8.0m | — | — | C$1.0m |
| Total assets | C$468.4m | C$464.4m | C$458.0m | C$456.8m | C$460.4m | C$236.8m | C$248.2m | C$247.2m |
| Cash and short-term investments | C$1.7m | C$2.6m | C$5.3m | C$8.5m | C$8.2m | C$8.9m | C$5.0m | C$5.3m |
| Debt | C$265.7m | C$285.7m | C$275.7m | C$288.2m | C$273.5m | C$124.7m | C$121.4m | C$129.4m |
| Shareholders' equity | C$145.7m | C$143.8m | C$140.2m | C$136.2m | C$133.9m | C$76.8m | C$75.6m | C$74.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 47.3% | 85.7% | — |
| Operating income | 64.3% | — | — |
| Net income | 12.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 59.5% | 58.5% | 58.4% | — |
| Operating margin | 49.9% | 46.5% | 41.5% | — |
| Net margin | 26.4% | 45.4% | 36.8% | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 3.1 | -13.3 | 5.9 | 4.3 | -232.8 | -160.9 | -66.5 | -2.0 | -0.2 | -0.0 |
| Price to sales | 1.8 | 1.6 | 3.7 | 5.4 | 141.3 | 207.7 | 292.1 | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 6 Mar 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 |
- 20-to-1 reverse split · 3 Aug 2023
- 10-to-1 reverse split · 23 Jan 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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