Aankondiging • Apr 01
Enablence Technologies Inc., Annual General Meeting, May 29, 2026 Enablence Technologies Inc., Annual General Meeting, May 29, 2026. Location: ontario, toronto Canada Reported Earnings • Mar 04
Second quarter 2026 earnings released: US$0.33 loss per share (vs US$0.21 loss in 2Q 2025) Second quarter 2026 results: US$0.33 loss per share (further deteriorated from US$0.21 loss in 2Q 2025). Revenue: US$2.15m (up 56% from 2Q 2025). Net loss: US$6.29m (loss widened 56% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Aankondiging • Feb 25
Enablence Technologies Inc. Announces Chief Financial Officer Changes Enablence Technologies Inc. announced that Stan Besko, Chief Financial Officer of the Company, has tendered his resignation with effect from January 1, 2026, in order to pursue other opportunities. Brian Siegel has been appointed as the new Interim Chief Financial Officer (CFO) of the Company, effective February 18, 2026. Brian Siegel is a seasoned finance professional with more than 25 years of experience across public accounting, audit leadership, and complex technical accounting. He has held senior roles at firms, including CBIZ, EY, and Rothstein Kass, advising companies on reporting, M&A, and complex accounting matters. Reported Earnings • Nov 04
Full year 2025 earnings released: US$0.95 loss per share (vs US$0.75 loss in FY 2024) Full year 2025 results: US$0.95 loss per share (further deteriorated from US$0.75 loss in FY 2024). Revenue: US$5.94m (up 271% from FY 2024). Net loss: US$18.2m (loss widened 29% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • May 31
Third quarter 2025 earnings released: US$0.23 loss per share (vs US$0.16 loss in 3Q 2024) Third quarter 2025 results: US$0.23 loss per share (further deteriorated from US$0.16 loss in 3Q 2024). Revenue: US$1.25m (up 203% from 3Q 2024). Net loss: US$4.38m (loss widened 48% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Second quarter 2025 earnings released: US$0.21 loss per share (vs US$0.20 loss in 2Q 2024) Second quarter 2025 results: US$0.21 loss per share (further deteriorated from US$0.20 loss in 2Q 2024). Revenue: US$1.38m (up 306% from 2Q 2024). Net loss: US$4.04m (loss widened 6.1% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. New Risk • Nov 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-US$11m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-US$30m). Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$2.6m revenue). Market cap is less than US$100m (CA$23.0m market cap, or US$16.5m). Reported Earnings • Oct 29
Full year 2024 earnings released: US$0.75 loss per share (vs US$0.46 loss in FY 2023) Full year 2024 results: US$0.75 loss per share (further deteriorated from US$0.46 loss in FY 2023). Revenue: US$1.60m (down 18% from FY 2023). Net loss: US$14.1m (loss widened 64% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 54% 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. Aankondiging • Oct 15
Enablence Technologies Inc., Annual General Meeting, Dec 12, 2024 Enablence Technologies Inc., Annual General Meeting, Dec 12, 2024. Location: ontario, toronto Canada Aankondiging • Jul 18
Enablence Technologies Inc. announced that it has received CAD 5.975 million in funding Enablence Technologies Inc. announced that has entered into a term loan agreement with Pinnacle Island II LP pursuant to which it issued subordinated secured non-revolving term loan in the maximum principal amount of CAD 5,975,000 on July 17, 2024. The principal amount outstanding under the term loan bears an interest rate of 12 per cent per annum and has a maturity date of July 31, 2025. Reported Earnings • May 27
Third quarter 2024 earnings released: US$0.16 loss per share (vs US$0.14 loss in 3Q 2023) Third quarter 2024 results: US$0.16 loss per share (further deteriorated from US$0.14 loss in 3Q 2023). Revenue: US$412.0k (down 16% from 3Q 2023). Net loss: US$2.95m (loss widened 13% from 3Q 2023). New Risk • Mar 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.3m (US$8.30m) 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 Less than 1 year of cash runway based on free cash flow trend (-US$7.9m free cash flow). Shares are highly illiquid. Negative equity (-US$18m). Market cap is less than US$10m (CA$11.3m market cap, or US$8.30m). Minor Risk Revenue is less than US$5m (US$1.6m revenue). Reported Earnings • Mar 03
Second quarter 2024 earnings released: US$0.20 loss per share (vs US$0.10 loss in 2Q 2023) Second quarter 2024 results: US$0.20 loss per share (further deteriorated from US$0.10 loss in 2Q 2023). Revenue: US$340.0k (down 19% from 2Q 2023). Net loss: US$3.80m (loss widened 99% from 2Q 2023). Aankondiging • Dec 22
Enablence Technologies Inc., Annual General Meeting, Feb 14, 2024 Enablence Technologies Inc., Annual General Meeting, Feb 14, 2024. Reported Earnings • Dec 02
First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.11 loss in 1Q 2023) First quarter 2024 results: US$0.13 loss per share (further deteriorated from US$0.11 loss in 1Q 2023). Revenue: US$225.0k (down 59% from 1Q 2023). Net loss: US$2.47m (loss widened 16% from 1Q 2023). Reported Earnings • Nov 03
Full year 2023 earnings released: US$0.46 loss per share (vs US$0.91 profit in FY 2022) Full year 2023 results: US$0.46 loss per share (down from US$0.91 profit in FY 2022). Revenue: US$1.96m (flat on FY 2022). Net loss: US$8.61m (down 174% from profit in FY 2022). Aankondiging • Sep 20
Enablence Technologies Announces New Family of Ultra-Low-Cost, Low-Loss Cwdm4 Demultiplexer Optical Devices Targeting Datacom Applications Enablence Technologies announced a new family of ultra-low-cost, low-loss CWDM4 demultiplexer optical devices targeting datacom applications. Optical performance is based on Telcordia GR-1221-CORE and other industry standard reliability requirements and feature optical performance of up to 2 kilometer over a single mode fiber. Nominal wavelengths are 1271 nm, 1291 nm, 1311 nm, and 1331 nm. CWDM optical devices are used mainly in metro and access networks performing two main roles. The first involves using each optical channel to transport a unique input signal at specific rate. Another involves using CWDM to break down a high-speed signal into slower components that then transmit the signal much more cost-effectively. Increased demand for CWDM optical devices continues to be driven by the need for lower cost, lower capacity, and shorter distance applications where cost is a critical factor. Enablence's expansion of its CWDM product line is designed to quickly address this demand. It is consistent with the Company's ongoing investment strategy, which supports the expansion of its optical products portfolio, adding new high-demand, PLC technology-based CWDM, and DWDM products as well as LiDAR technology-based products for automotive and robotic markets. This meets the requirements of Enablence's growing datacom, telecom, automotive and industrial automation customers in the United States, China, and the Rest of the World (RoW). Aankondiging • Sep 16
Enablence Technologies Inc. Announces CFO Changes Enablence Technologies Inc. announced that Stan Besko has been named as the new Chief Financial Officer (CFO) of Enablence. Mr. Besko replaces Mr. T. Paul Rowland as the CFO of Enablence. Mr. Besko will play a key role in supporting the management team of Enablence as it executes its strategic growth plan at the center of which are its light detection and ranging (LiDAR) and Artificial Intelligence (AI) offerings based on advanced Planar Lightwave Circuit (PLC) technologies. Mr. Besko brings more than 25 years of financial and investment expertise in the technology sector. Following a successful career in business and software consulting, he joined Hewlett-Packard and Cisco Systems where he performed key financial, operational, and strategic roles. He has deep experience operating internationally, including leadership assignments in both Canada and worldwide. Mr. Besko served as CFO Canada at Dimension Data and helped to lead the consolidation of NTT Canada's thirty plus acquisitions. Mr. Besko resides in Toronto, Canada and earned a bachelor's degree in economics from the University of Toronto and an MBA in Finance and Strategy from the Schulich School of Business, York University, Toronto, Canada. Aankondiging • Jun 28
Enablence Technologies Inc. announced that it has received CAD 11 million in funding On June 27, 2023, Enablence Technologies Inc. closed the transaction. The company paid 4.5% of the proceeds to the placement agent for CAD 495,000. Aankondiging • Jun 27
Enablence Technologies Inc. announced that it expects to receive CAD 11 million in funding Enablence Technologies Inc. announced a private placement of unsecured convertible debentures of gross proceeds of CAD 11 million on June 26, 2023. The transaction will include participation from new investor, Pinnacle Island LP. The transaction may close up to an additional CAD 1 million of convertible debentures in a second tranche closing. The debentures would be convertible for common shares at a conversion price of CAD 2 per common share and an interest rate of 7.5% per annum, payable semi-annually on December 31 and June 30 of each calendar year, other than the initial interest payment, which is payable on April 1, 2024. The maturity date of the debentures is June 30, 2027. Aankondiging • May 19
Enablence Technologies Inc. Announces Changes to its Board of Directors Enablence Technologies Inc. announced the addition of Mr. Oded Tal and Mr. Daniel Huff to its Board of Directors, effective May 17, 2022, subject to the approval of the TSX Venture Exchange. In addition, the company announced that Mr. Daniel Shmitt has resigned from the Company's Board of Directors effective immediately. Mr. Tal brings a wealth of semiconductor knowledge and experience to Enablence. He is founder and CEO of the MAX Group, the foremost management, operations, and engineering services provider to the semiconductors industry. At MAX, Mr. Tal has held numerous executive roles for clients supporting M&A and presently serves as CEO of TSI Semiconductors where he was instrumental in its transformation and recent sale. Before joining MAX, Mr. Tal held various positions in the semiconductors and automotive industry, in the US and Israel, having previously served in the Israeli Air Force. Mr. Tal is currently on the advisory board of Alpha Motors and the Board of Directors of Hello Carl. Mr. Tal holds a B.Sc. in Industrial Engineering with focus on manufacturing from the University of New Haven, and a Masters in Engineering Management from The Ohio State University. Mr. Huff is the founder of CHIPSact.com and is also the co-founder of a fast growing, VC-backed social networking start-up. He was previously a senior Presidential advisor in the White House and, prior to that, General Deputy Assistant Secretary for Enforcement at HUD. Mr. Huff has served as counsel to the chairman of both the Senate and House Judiciary Committees. Before coming to Washington, he was a management consultant with McKinsey and Company in New York. He's a graduate of the Columbia Law School. His work has been featured in numerous outlets including the Wall Street Journal, National Law Journal and LA Times. Reported Earnings • May 19
Third quarter 2023 earnings released: US$0.14 loss per share (vs US$0.12 loss in 3Q 2022) Third quarter 2023 results: US$0.14 loss per share (further deteriorated from US$0.12 loss in 3Q 2022). Revenue: US$492.0k (up 11% from 3Q 2022). Net loss: US$2.62m (loss widened 135% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 18
Second quarter 2023 earnings released: US$0.10 loss per share (vs US$2.40 profit in 2Q 2022) Second quarter 2023 results: US$0.10 loss per share (down from US$2.40 profit in 2Q 2022). Revenue: US$422.0k (flat on 2Q 2022). Net loss: US$1.91m (down 113% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 125% share price gain to CA$1.80, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 13x in the Communications industry in Canada. Total loss to shareholders of 25% over the past three years. Reported Earnings • Nov 18
First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.002 profit in 1Q 2022) First quarter 2023 results: US$0.11 loss per share (down from US$0.002 profit in 1Q 2022). Net loss: US$2.12m (down US$2.13m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Oct 31
High number of new directors Director Derek Burney was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 29
Full year 2022 earnings released: EPS: US$0.91 (vs US$0.94 loss in FY 2021) Full year 2022 results: EPS: US$0.91 (up from US$0.94 loss in FY 2021). Net income: US$11.7m (up US$16.7m from FY 2021). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Oct 15
Enablence Technologies Inc., Annual General Meeting, Dec 07, 2022 Enablence Technologies Inc., Annual General Meeting, Dec 07, 2022. Aankondiging • Sep 03
Enablence Technologies Inc. Adds Derek J. Burney to Its Board of Directors Enablence Technologies Inc. announced the addition of Mr. Derek J. Burney to its Board of Directors, effective September 1, 2022 subject to the approval of the TSX Venture Exchange. Mr. Burney brings a wealth of knowledge and experience to Enablence. Mr. Burney was Corporate Vice President at Microsoft. Mr. Burney joined Microsoft in 2004 as GM of FrontPage and has held a variety of senior development leadership roles, overseeing the development and release of several Microsoft products including Excel 2013, Access 2013, and Windows SharePoint Services. Prior to joining Microsoft, Burney was president and CEO of Corel Corporation from 2000 to 2004, overseeing the development of all the company's software products. Mr. Burney is an advisor to the general partner of Vortex ENA LP, a senior secured lender and related party to the Company. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 15% share price gain to CA$2.25, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 37x in the Communications industry in Canada. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 33% share price gain to CA$2.00, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 35x in the Communications industry in Canada. Total loss to shareholders of 17% over the past three years. Board Change • Jul 11
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. 1 highly experienced director. Independent Chair of the Board of Directors Derek Burney was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 91% share price gain to CA$1.80, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 34x in the Communications industry in Canada. Total loss to shareholders of 40% over the past three years. Board Change • Jun 03
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. 1 highly experienced director. Independent Chair of the Board of Directors Derek Burney was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
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. 1 highly experienced director. Independent Chair of the Board of Directors Derek Burney was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 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. 2 experienced directors. 1 highly experienced director. Independent Chair of the Board of Directors Derek Burney was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 03
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. 1 highly experienced director. Independent Chair of the Board of Directors Derek Burney was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 01
Enablence Technologies Inc. Announces CEO Changes Derek H. Burney, the Chair of Enablence Technologies Inc. announced the appointment of Todd Haugen as Chief Executive Officer of the Company, effective March 21, 2022, subject to the approval of the TSX Venture Exchange ("TSXV"). Ashok Balakrishnan will be returning to his role as Chief Technology Officer of the Company. Reported Earnings • Feb 28
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: US$2.40 (up from US$0.24 loss in 2Q 2021). Net income: US$14.9m (up US$16.2m from 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Aankondiging • Dec 08
Enablence Technologies Inc. announced that it expects to receive CAD 1.499999 million in funding Enablence Technologies Inc. announced a non-brokered private placement of 833,333.3333333333 common shares at a price of CAD 1.80 per share for gross proceeds of up to CAD 1,500,000 on December 7, 2021. The transaction is expected to close prior to the end of December, 2021 subject to, among other things, the approval of the TSX Venture Exchange. The company may elect to increase the size of the private placement to up to CAD 2,000,000. Reported Earnings • Oct 22
Full year 2021 earnings released: US$0.008 loss per share (vs US$0.015 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$2.52m (up 129% from FY 2020). Net loss: US$5.04m (loss narrowed 47% from FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Aankondiging • Aug 25
Enablence Technologies Inc. Announces Earnings Guidance for the Fiscal Year 2021 Enablence Technologies Inc. announced earnings guidance for the fiscal year 2021. For the year, the company expects revenue between approximately USD 2.3 million to USD 2.5 million and net loss between approximately USD 5.5 million to USD 6.0 million. Aankondiging • Aug 24
Enablence Technologies Inc. announced that it expects to receive CAD 11 million in funding Enablence Technologies Inc. announced a private placement of up to 440,000,000 subscription receipts at a price of CAD 0.025 for gross proceeds of CAD 11,000,000? on August 23, 2021. Each subscription receipt will automatically convert, without any further action on the part of the holders thereof, into one post-consolidation common share and one-fifth of one common share purchase warrant of the company upon the completion of the recapitalization transaction. Each subscription receipt warrant will entitle the holder thereof to purchase one post-consolidation common Share at a price of CAD 0.03 per share for a period of 36 months following the closing date of the recapitalization transaction. 