Annonce • May 30
Flow Capital Corp. Announces Chief Financial Officer Changes Flow Capital Corp. announced the appointment of Matthew Gan as Chief Financial Officer of the Company, effective June 1. Matthew succeeds Michael Denny, who has served as Chief Financial Officer since September 2023 and will be retiring. Matthew brings more than 13 years of experience across finance, investments, capital markets, and operating leadership. Most recently, he served as Managing Director, Credit and Due Diligence at Flow Capital, where he led transaction due diligence, credit operations, and portfolio monitoring. Annonce • May 27
Flow Capital Corp., Annual General Meeting, Jul 24, 2026 Flow Capital Corp., Annual General Meeting, Jul 24, 2026. Location: ontario, toronto Canada Reported Earnings • Apr 18
Full year 2025 earnings released: EPS: CA$0.031 (vs CA$0.028 loss in FY 2024) Full year 2025 results: EPS: CA$0.031 (up from CA$0.028 loss in FY 2024). Revenue: CA$12.0m (up 226% from FY 2024). Net income: CA$947.7k (up CA$1.80m from FY 2024). Profit margin: 7.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 133 percentage points per year, which is a significant difference in performance. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$12m free cash flow). Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$6.7m revenue, or US$4.7m). Market cap is less than US$100m (CA$21.9m market cap, or US$15.6m). Annonce • Aug 26
Flow Capital Corp., Annual General Meeting, Oct 29, 2025 Flow Capital Corp., Annual General Meeting, Oct 29, 2025. Location: ontario, toronto Canada Reported Earnings • Aug 15
Second quarter 2025 earnings released: CA$0.048 loss per share (vs CA$0.006 profit in 2Q 2024) Second quarter 2025 results: CA$0.048 loss per share (down from CA$0.006 profit in 2Q 2024). Net loss: CA$1.47m (down CA$1.66m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Annonce • Jun 10
Flow Capital Corp. announced that it expects to receive $50 million in funding from Beedie Investments Ltd. Flow Capital Corp. announced that it will receive $50 million in round of funding.
On June 9, 2025 the company has received 5 million in it's first tranche led by the new investor, Beedie Investments Ltd. Annonce • Jan 13
Flow Capital Corp. Appoints Brian Beattie to Its Board of Directors Flow Capital Corp. announced the appointment of Brian Beattie to its Board of Directors. Mr. Beattie currently serves as the Chief Operating Officer and Chief Financial Officer of Volaris Group. In this capacity, he has been instrumental in expanding Volaris Group into new verticals and geographic regions while guiding leaders to achieve organic growth, improve operational efficiency, and deploy capital effectively. Reported Earnings • Nov 20
Third quarter 2024 earnings released: CA$0.025 loss per share (vs CA$0.001 profit in 3Q 2023) Third quarter 2024 results: CA$0.025 loss per share (down from CA$0.001 profit in 3Q 2023). Revenue: CA$1.25m (up 24% from 3Q 2023). Net loss: CA$752.1k (down CA$772.4k from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annonce • Sep 10
Flow Capital Corp., Annual General Meeting, Nov 07, 2024 Flow Capital Corp., Annual General Meeting, Nov 07, 2024. Location: ontario, toronto Canada Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CA$0.006 (vs CA$0.003 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.006 (up from CA$0.003 in 2Q 2023). Revenue: CA$1.84m (down 20% from 2Q 2023). Net income: CA$190.0k (up 116% from 2Q 2023). Profit margin: 10% (up from 3.9% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • May 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Revenue is less than US$5m (CA$5.8m revenue, or US$4.3m). Market cap is less than US$100m (CA$15.8m market cap, or US$11.5m). Reported Earnings • May 01
Full year 2023 earnings released: CA$0.012 loss per share (vs CA$0.46 profit in FY 2022) Full year 2023 results: CA$0.012 loss per share (down from CA$0.46 profit in FY 2022). Revenue: CA$5.84m (down 43% from FY 2022). Net loss: CA$369.5k (down 102% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.016 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.001 (down from CA$0.016 in 3Q 2022). Net income: CA$20.2k (down 96% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annonce • Nov 18
Flow Capital Corp. to Report Q3, 2023 Results on Nov 21, 2023 Flow Capital Corp. announced that they will report Q3, 2023 results After-Market on Nov 21, 2023 New Risk • Nov 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (CA$13.7m market cap, or US$9.90m). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Annonce • Oct 19
Flow Capital Corp., Annual General Meeting, Dec 07, 2023 Flow Capital Corp., Annual General Meeting, Dec 07, 2023. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.082 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.003 (down from CA$0.082 in 2Q 2022). Net income: CA$88.1k (down 97% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Aug 19
Flow Capital Corp. to Report Q2, 2023 Results on Aug 28, 2023 Flow Capital Corp. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 28, 2023 New Risk • Jul 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Market cap is less than US$100m (CA$18.1m market cap, or US$13.7m). Recent Insider Transactions Derivative • Jul 02
Independent Chair exercised options to buy CA$625k worth of stock. On the 26th of June, Vernon Lobo exercised options to buy 1m shares at a strike price of around CA$0.44, costing a total of CA$556k. This transaction amounted to 36% of their direct individual holding at the time of the trade. Since September 2022, Vernon's direct individual holding has increased from 2.98m shares to 3.48m. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, CEO & Director Alex Baluta was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Jun 16
Independent Chair exercised options to buy CA$261k worth of stock. On the 9th of June, Vernon Lobo exercised options to buy 474k shares at a strike price of around CA$0.58, costing a total of CA$275k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since September 2022, Vernon's direct individual holding has increased from 2.98m shares to 3.00m. Company insiders have collectively bought CA$571k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Jun 16
Independent Chair exercised options to buy CA$261k worth of stock. On the 9th of June, Vernon Lobo exercised options to buy 474k shares at a strike price of around CA$0.58, costing a total of CA$275k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since September 2022, Vernon's direct individual holding has increased from 2.98m shares to 3.00m. Company insiders have collectively bought CA$571k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 28
First quarter 2023 earnings released: EPS: CA$0.011 (vs CA$0.075 in 1Q 2022) First quarter 2023 results: EPS: CA$0.011 (down from CA$0.075 in 1Q 2022). Net income: CA$345.5k (down 85% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2022 earnings released Full year 2022 results: Net income: CA$14.5m (up 159% from FY 2021). Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: CA$0.016 (vs CA$0.033 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0.016 (up from CA$0.033 loss in 3Q 2021). Net income: CA$502.7k (up CA$1.54m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annonce • Nov 15
Flow Capital Corp. to Report Q3, 2022 Results on Nov 18, 2022 Flow Capital Corp. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 18, 2022 Annonce • Sep 15
Flow Capital Corp., Annual General Meeting, Oct 04, 2022 Flow Capital Corp., Annual General Meeting, Oct 04, 2022, at 10:30 US Eastern Standard Time. Location: 1 Adelaide Street East, Suite 3002 Toronto Ontario Canada Agenda: To receive the financial statements of the Corporation for the fiscal year ended December 31, 2021, together with the auditor's report thereon; to elect the directors of the Corporation for the ensuing year; to appoint the auditor of the Corporation for the ensuing year and authorize the directors to fix the remuneration of the auditor; to appoint the auditor of the Corporation for the ensuing year and authorize the directors to fix the remuneration of the auditor and other matters. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CA$0.082 (vs CA$0.098 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.082 (down from CA$0.098 in 2Q 2021). Revenue: CA$3.39m (down 34% from 2Q 2021). Net income: CA$2.57m (down 16% from 2Q 2021). Profit margin: 76% (up from 60% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annonce • Aug 12
Flow Capital Corp. to Report Q2, 2022 Results on Aug 16, 2022 Flow Capital Corp. announced that they will report Q2, 2022 results After-Market on Aug 16, 2022 Annonce • Aug 06
Flow Capital Corp., Annual General Meeting, Oct 04, 2022 Flow Capital Corp., Annual General Meeting, Oct 04, 2022. Agenda: Annual and Special Meeting. Annonce • Jun 10
Flow Capital Corp. announced that it expects to receive CAD 5.434998 million in funding Flow Capital Corp. announced a private placement of up to 1,811,666 newly created Series I Class A Preferred Shares at a price of CAD 3 per Series I Class A Preferred Share, for gross proceeds of approximately CAD 5,435,000 on June 9, 2022. The Series I Class A Preferred Shares, which are non-voting and non-convertible except in each case in certain limited circumstances, carry a cumulative dividend of 9.2%, paid quarterly, and are redeemable by the company six years following the initial issuance date. In addition, a holder of Series I Class A Preferred Shares may elect to require the company to redeem up to 1/3rd of the holder's Series I Class A Preferred Shares on the third, fourth and fifth anniversaries, respectively, of the initial issuance date. The Series I Class A Preferred Shares will not be listed on any stock exchange. No finder's fees are anticipated to be paid by the company in connection with the offering. Completion of the Offering is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange. The Company expects to complete the Offering in one or more tranches, with the initial closing expected to be completed in June, 2022. The Series I Class A Preferred Shares issued pursuant to the offering will be subject to a hold period of four months and one day from the applicable issuance date in accordance with applicable securities laws. Reported Earnings • Jun 01
First quarter 2022 earnings released: EPS: CA$0.075 (vs CA$0.041 in 1Q 2021) First quarter 2022 results: EPS: CA$0.075 (up from CA$0.041 in 1Q 2021). Revenue: CA$3.87m (up 56% from 1Q 2021). Net income: CA$2.35m (up 80% from 1Q 2021). Profit margin: 61% (up from 53% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • May 25
Flow Capital Corp. to Report Q1, 2022 Results on May 30, 2022 Flow Capital Corp. announced that they will report Q1, 2022 results After-Market on May 30, 2022 Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: CA$0.18 (vs CA$0.06 in FY 2020) Full year 2021 results: EPS: CA$0.18 (up from CA$0.06 in FY 2020). Revenue: CA$10.6m (up 1.3% from FY 2020). Net income: CA$5.60m (up 164% from FY 2020). Profit margin: 53% (up from 20% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2021 earnings released: CA$0.033 loss per share (vs CA$0.056 profit in 3Q 2020) Third quarter 2021 results: Revenue: -CA$324.0k (down 108% from 3Q 2020). Net loss: CA$1.04m (down 156% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CA$0.098 (vs CA$0.001 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$5.14m (up 135% from 2Q 2020). Net income: CA$3.07m (up CA$3.04m from 2Q 2020). Profit margin: 60% (up from 1.3% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Jul 31
High number of new directors President, CEO & Director Alex Baluta was the last director to join the board, commencing their role in 2020. Annonce • Jun 22
An unknown buyer acquired an unknown stake in Stability Healthcare Inc. from Flow Capital Corp. (TSXV:FW) for $3.35 million. An unknown buyer acquired an unknown stake in Stability Healthcare Inc. from Flow Capital Corp. (TSXV:FW) for $3.35 million on June 21, 2021.
An unknown buyer completed the acquisition of an unknown stake in Stability Healthcare Inc. from Flow Capital Corp. (TSXV:FW) on June 21, 2021. Annonce • Jun 16
Flow Capital Corp. (TSXV:FW) acquired an unknown minority stake in Performio, Inc. Flow Capital Corp. (TSXV:FW) acquired an unknown minority stake in Performio, Inc. on June 15, 2021.
Flow Capital Corp. (TSXV:FW) completed the acquisition of an unknown minority stake in Performio, Inc. on June 15, 2021. Reported Earnings • May 27
First quarter 2021 earnings released: EPS CA$0.041 (vs CA$0.01 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$2.48m (up CA$2.24m from 1Q 2020). Net income: CA$1.31m (up CA$1.68m from 1Q 2020). Profit margin: 53% (up from net loss in 1Q 2020). Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CA$0.06 (vs CA$0.29 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$10.7m (up 136% from FY 2019). Net income: CA$2.12m (up CA$14.3m from FY 2019). Profit margin: 20% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Is New 90 Day High Low • Jan 16
New 90-day high: CA$0.47 The company is up 55% from its price of CA$0.30 on 14 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period. Recent Insider Transactions • Jan 02
Independent Chair recently bought CA$80k worth of stock On the 29th of December, Vernon Lobo bought around 200k shares on-market at roughly CA$0.40 per share. In the last 3 months, they made an even bigger purchase worth CA$88k. Vernon has been a buyer over the last 12 months, purchasing a net total of CA$261k worth in shares. Is New 90 Day High Low • Dec 24
New 90-day high: CA$0.38 The company is up 31% from its price of CA$0.29 on 23 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 19% over the same period. Recent Insider Transactions • Dec 12
Independent Chair recently bought CA$88k worth of stock On the 9th of December, Vernon Lobo bought around 230k shares on-market at roughly CA$0.38 per share. In the last 3 months, there was an even bigger purchase from another insider worth CA$103k. Vernon has been a buyer over the last 12 months, purchasing a net total of CA$128k worth in shares. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS CA$0.056 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$4.05m (up 403% from 3Q 2019). Net income: CA$1.85m (up CA$2.74m from 3Q 2019). Profit margin: 46% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Annonce • Nov 13
Flow Capital Corp. to Report Q3, 2020 Results on Nov 17, 2020 Flow Capital Corp. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 17, 2020 Is New 90 Day High Low • Oct 23
New 90-day high: CA$0.33 The company is up 32% from its price of CA$0.25 on 24 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 2.0% over the same period. Recent Insider Transactions • Oct 02
Independent Director recently bought CA$103k worth of stock On the 29th of September, Michael Zych bought around 349k shares on-market at roughly CA$0.29 per share. In the last 3 months, they made an even bigger purchase worth CA$206k. Insiders have collectively bought CA$359k more in shares than they have sold in the last 12 months. Annonce • Aug 13
Flow Capital Corp. to Report Q2, 2020 Results on Aug 20, 2020 Flow Capital Corp. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 20, 2020 
