RIV Stock Overview RIV Capital Inc., formerly known as Canopy Rivers Inc., is a venture capital firm. More details
Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
RIV Capital Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for RIV Capital Historical stock prices Current Share Price CA$0.10 52 Week High CA$0.23 52 Week Low CA$0.08 Beta 0.39 1 Month Change -9.09% 3 Month Change -54.55% 1 Year Change -9.09% 3 Year Change -93.20% 5 Year Change -91.80% Change since IPO -98.86%
Recent News & Updates
Cansortium Inc. (CNSX:TIUM.U) completed the acquisition of RIV Capital Inc. (CNSX:RIV) from JW Asset Management, LLC and others. Dec 20
New major risk - Market cap size Dec 18
Third quarter 2024 earnings released: US$0.46 loss per share (vs US$0.05 loss in 3Q 2023) Dec 01
RIV Capital Inc. Reports Unaudited Impairment Charges for the Third Quarter Ended September 30, 2024 Nov 29
Chief Retail Officer recently bought CA$135k worth of stock Sep 23
Second quarter 2024 earnings released: US$0.06 loss per share (vs US$0.07 loss in 2Q 2023) Aug 29 See more updates
Cansortium Inc. (CNSX:TIUM.U) completed the acquisition of RIV Capital Inc. (CNSX:RIV) from JW Asset Management, LLC and others. Dec 20
New major risk - Market cap size Dec 18
Third quarter 2024 earnings released: US$0.46 loss per share (vs US$0.05 loss in 3Q 2023) Dec 01
RIV Capital Inc. Reports Unaudited Impairment Charges for the Third Quarter Ended September 30, 2024 Nov 29
Chief Retail Officer recently bought CA$135k worth of stock Sep 23
Second quarter 2024 earnings released: US$0.06 loss per share (vs US$0.07 loss in 2Q 2023) Aug 29
RIV Capital Inc. to Report Q2, 2024 Results on Aug 28, 2024 Aug 22
RIV Capital Inc., Annual General Meeting, Aug 27, 2024 Jun 20 Cansortium Inc. (CNSX:TIUM.U) entered into a definitive arrangement agreement to acquire RIV Capital Inc. (CNSX:RIV) for $26.28 million. May 31
Full year 2023 earnings released: US$0.63 loss per share (vs US$1.05 loss in FY 2022) May 01
RIV Capital Inc. to Report Q3, 2024 Results on Apr 29, 2024 Apr 23
New major risk - Market cap size Mar 15
Second quarter 2024 earnings released: US$0.05 loss per share (vs US$0.84 loss in 2Q 2023) Nov 30
New major risk - Market cap size Nov 25
RIV Capital Inc. to Report Q2, 2024 Results on Nov 29, 2023 Nov 17
High number of new directors Oct 05
First quarter 2024 earnings released: US$0.07 loss per share (vs US$0.021 loss in 1Q 2023) Aug 30
RIV Capital Inc. to Report Q1, 2024 Results on Aug 28, 2023 Aug 24
RIV Capital Inc., Annual General Meeting, Sep 28, 2023 Jul 15
RIV Capital Inc. to Report Q4, 2023 Results on Jun 14, 2023 Jun 09
RIV Capital Inc. Announces Removal of Board of Directors Dec 21
RIV Capital Inc. (CNSX:RIV) acquired unknown stake in Etain, LLC from Peckham Family. Dec 17
RIV Capital Inc. Reports Impairment Charges for the Second Quarter Ended September 30, 2022 Nov 30
RIV Capital Inc. to Report Q2, 2023 Results on Nov 29, 2022 Nov 23
RIV Capital Inc. to Report Q1, 2023 Results on Aug 29, 2022 Aug 24
RIV Capital Inc., Annual General Meeting, Sep 29, 2022 Aug 13
RIV Capital Inc. Appoints Mike Totzke as Chief Operating Officer, Effective June 20, 2022 Jun 14
RIV Capital Inc. to Report Q4, 2022 Results on Jun 13, 2022 Jun 08 RIV Capital Inc. announced that it has received CAD 31.3 million in funding from The Hawthorne Collective, Inc. Apr 23
RIV Capital Inc. (CNSX:RIV) entered into an agreement to acquire unknown majority stake in Etain, LLC from Peckham Family for approximately $250 million.
RIV Capital Inc. to Report Q3, 2022 Results on Mar 01, 2022 Feb 25 RIV Capital Inc. announced that it has received CAD 188.475 million in funding from The Hawthorne Collective, Inc.
RIV Capital Inc. announced that it expects to receive $150 million in funding from The Hawthorne Collective Aug 11
RIV Capital to Be Delisted from TSX Jun 04
The Tweed Tree Lot Inc. acquired a property located in Fredericton, New Brunswick from RIV Capital Inc. (TSX:RIV) for CAD 4 million. Jun 03
Claranet Portugal - Telecomunicações SA entered into an agreement to acquire Bizdirect SA from Sonae Investment Management - Software & Technology, SGPS, S.A. and remaining shareholders. Jun 02
RIV Capital Inc. (TSX:RIV) completed the acquisition of Various operating assets of PharmHouse Inc. May 18
RIV Capital Inc. (TSX:RIV) entered into a binding asset purchase agreement to acquire Various operating assets of PharmHouse. Mar 05
Canopy Growth Corporation (TSX:WEED) completed the acquisition of an interest in TerrAscend, Tweed Tree Lot, and Vert Mirabel from Canopy Rivers Inc. (TSX:RIV). Feb 24
Canopy Rivers Inc. to Report Q3, 2021 Results on Feb 10, 2021 Jan 28
Canopy Rivers Inc. (TSX:RIV) acquired an additional 49% stake in Canapar S.r.L. from RAMM Pharma Corp. (CNSX:RAMM) for $9 million. Dec 31 Canopy Growth Corporation (TSX:WEED) entered into a definitive agreement to acquire an interest in TerrAscend, Tweed Tree Lot, and Vert Mirabel from Canopy Rivers Inc. (TSX:RIV) for approximately CAD 240 million.
New 90-day high: CA$0.96 Nov 20
Canopy Rivers Inc. Announces Board and Management Changes, Effective November 13, 2020 Nov 10
Canopy Rivers Inc. to Report Q2, 2021 Results on Nov 09, 2020 Nov 05
Canopy Rivers Inc. Announces Board Changes Sep 26
New 90-day low: CA$0.73 Sep 22
Wolverine Partners Corp. agreed to acquire Rivers Innovations, Inc. from Canopy Rivers Inc. (TSX:RIV). Sep 19
Price target lowered to CA$1.83 Sep 02 Shareholder Returns RIV CA Capital Markets CA Market 7D -20.0% -3.5% -2.6% 1Y -9.1% 51.4% 15.2%
See full shareholder returns
Return vs Market: RIV underperformed the Canadian Market which returned 16.7% over the past year.
Price Volatility Is RIV's price volatile compared to industry and market? RIV volatility RIV Average Weekly Movement 15.9% Capital Markets Industry Average Movement 5.4% Market Average Movement 8.1% 10% most volatile stocks in CA Market 17.3% 10% least volatile stocks in CA Market 2.9%
Stable Share Price: RIV's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: RIV's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company RIV Capital Inc., formerly known as Canopy Rivers Inc., is a venture capital firm. The firm is a stage agnostic, with seed to sale, although it prefers to invest in series A to C rounds. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies and sectors like agriculture and food sciences, production, processing, pharmaceuticals and biotechnology, software and data, hardware, consumer products and accessories, wellness products, retail and distribution, and media and content.
Show more RIV Capital Inc. Fundamentals Summary How do RIV Capital's earnings and revenue compare to its market cap? RIV fundamental statistics Market cap CA$14.38m Earnings (TTM ) -CA$175.09m Revenue (TTM ) CA$18.67m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) RIV income statement (TTM ) Revenue US$12.97m Cost of Revenue US$15.91m Gross Profit -US$2.94m Other Expenses US$118.71m Earnings -US$121.66m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.89 Gross Margin -22.67% Net Profit Margin -937.81% Debt/Equity Ratio -328.4%
How did RIV perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/19 01:44 End of Day Share Price 2024/12/19 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources RIV Capital Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution John Zamparo CIBC Capital Markets Jeffrey Fenwick Cormark Securities Inc. Graeme Kreindler Eight Capital
Show 1 more analysts 
