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Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value
-1364.6%
-CA$0.32
vs CA$0.03 price
Levered DCF
-CA$0.54
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-9.83
Distress zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024FY2023FY2022FY2021
P/E-0.26×-4.19×-3.14×-0.72×-14.91×
P/B-0.35×3.63×1.42×3.23×7.7×
P/S2.46×6.02×14.61×0×0×
EV / EBITDA-0.65×-7.48×-3.4×-1.65×225.27×
Gross margin-198.1%79.3%72.5%0.0%0.0%
Operating margin-343.7%-110.0%-314.9%0.0%0.0%
Net margin-958.4%-143.3%-465.0%0.0%0.0%
Current ratio0.13×0.12×1.36×4.88×5.04×
Debt / equity-0.48×0.88×0.26×0×0×
Interest coverage-9.32×-6.75×-14.05×-1.23×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021
Return on equity137.3%-86.3%-45.3%-450.5%-51.7%
Return on invested capital-154.6%-25.2%-19.5%-171.2%-52.8%
Return on assets-140.0%-20.9%-26.3%-390.6%-43.5%
Free cash flow yield-112.7%-13.5%-81.5%-72.1%-5.7%
Earnings yield-389.0%-23.8%-31.8%-139.5%-6.7%
Enterprise valueCA$7MCA$8MCA$4.1MCA$1.5MCA$11.9M
Net debt / EBITDA-0.37×-1.39×0.15×0.24×-27.78×
Cash conversion cycle (days)-359-3,662-547-52-39,106