ALGO Stock Overview

A healthcare company, focuses on developing artificial intelligence health diagnostic solutions. More details

ALGO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$70M)

Light AI Inc. Competitors

Perimeter Medical Imaging AI

TSXV:PINK

CA$38.3m

Theralase Technologies

TSXV:TLT

CA$51.0m

Nanalysis Scientific

TSXV:NSCI

CA$31.7m

Aurora Spine

TSXV:ASG

CA$24.4m

Price History & Performance

Summary of share price highs, lows and changes for Light AI
Historical stock prices
Current Share Price	CA$0.50
52 Week High	CA$1.23
52 Week Low	CA$0.35
Beta	0
1 Month Change	-16.67%
3 Month Change	-32.43%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-33.33%

Recent updates

Shareholder Returns

	ALGO	CA Medical Equipment	CA Market
7D	22.0%	7.8%	6.9%
1Y	n/a	-24.9%	8.7%

Return vs Industry: Insufficient data to determine how ALGO performed against the Canadian Medical Equipment industry.

Return vs Market: Insufficient data to determine how ALGO performed against the Canadian Market.

Price Volatility

Is ALGO's price volatile compared to industry and market?
ALGO volatility
ALGO Average Weekly Movement	21.5%
Medical Equipment Industry Average Movement	11.3%
Market Average Movement	9.4%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	4.0%

Stable Share Price: ALGO's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine ALGO's volatility change over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

Founded	Employees	CEO	Website
n/a	2	Peter Whitehead	light.ai

Light AI Inc., a healthcare company, focuses on developing artificial intelligence health diagnostic solutions. The company develops software specializing in medical imaging designed to differentiate between bacterial and viral infections at point-of-care; a software as a medical device under the Light AI(SCAN) brand name to automatically diagnose Group A Streptococcus; and Light

Light AI Inc. Fundamentals Summary

How do Light AI's earnings and revenue compare to its market cap?
ALGO fundamental statistics
Market cap	CA$69.69m
Earnings (TTM)	-CA$13.10m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-4.5x

P/E Ratio

Is ALGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALGO income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$13.10m
Earnings	-CA$13.10m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ALGO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/16 22:39
End of Day Share Price	2025/04/16 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Light AI Inc. is covered by 0 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.