Reported Earnings • May 31
First quarter 2026 earnings released: EPS: CA$0.004 (vs CA$0.002 in 1Q 2025) First quarter 2026 results: EPS: CA$0.004 (up from CA$0.002 in 1Q 2025). Revenue: CA$1.28m (up 17% from 1Q 2025). Net income: CA$349.2k (up 153% from 1Q 2025). Profit margin: 27% (up from 13% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Board Change • May 20
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. 2 experienced directors. 4 highly experienced directors. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 30
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. 2 experienced directors. 4 highly experienced directors. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.002 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.005 (up from CA$0.002 in 2Q 2023). Revenue: CA$1.31m (up 26% from 2Q 2023). Net income: CA$388.0k (up 136% from 2Q 2023). Profit margin: 30% (up from 16% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Board Change • Jul 23
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. 1 highly experienced director. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buy Or Sell Opportunity • Jul 02
Now 77% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to €0.03. The fair value is estimated to be €0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Jun 19
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. 1 highly experienced director. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 02
Full year 2023 earnings released: EPS: CA$0.004 (vs CA$0.015 in FY 2022) Full year 2023 results: EPS: CA$0.004 (down from CA$0.015 in FY 2022). Revenue: CA$3.82m (up 48% from FY 2022). Net income: CA$329.2k (down 73% from FY 2022). Profit margin: 8.6% (down from 46% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Mar 05
Now 753% overvalued after recent price rise Over the last 90 days, the stock has risen 448% to €0.058. The fair value is estimated to be €0.0067, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Meanwhile, the company became loss making. Board Change • Mar 04
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. 1 highly experienced director. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 04
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. 1 highly experienced director. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Sep 08
Now 40% undervalued after recent price drop Over the last 90 days, the stock is down 87%. The fair value is estimated to be €0.0066, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Board Change • Sep 05
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. 1 highly experienced director. Independent Chairman Mujir Muneeruddin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.