Frequency Exchange (TSXV:FREQ) - Stock Price, News & Analysis

FREQ Stock Overview

Focuses on the development and commercialization of a wearable frequency delivery system for the health and wellness market.

About the company

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

Rewards

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (CA$6M)

Makes less than USD$1m in revenue (CA$817K)

Has less than 1 year of cash runway

+ 3 more risks

Frequency Exchange Corp. Competitors

ASEP Medical Holdings

CNSX:ASEP

CA$6.1m

SQI Diagnostics

TSXV:SQD.H

CA$6.1m

Titan Medical

TSX:TMD

CA$6.3m

Scryb

CNSX:SCYB

CA$4.4m

Price History & Performance

Summary of all time highs, changes and price drops for Frequency Exchange
Historical stock prices
Current Share Price	CA$0.14
52 Week High	CA$0.24
52 Week Low	CA$0.02
Beta	-0.80
11 Month Change	-3.45%
3 Month Change	27.27%
1 Year Change	100.00%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-65.00%

Recent updates

Shareholder Returns

	FREQ	CA Medical Equipment	CA Market
7D	0%	-3.0%	3.3%
1Y	100.0%	-6.7%	13.1%

Return vs Industry: FREQ exceeded the Canadian Medical Equipment industry which returned -6.7% over the past year.

Return vs Market: FREQ exceeded the Canadian Market which returned 13.1% over the past year.

Price Volatility

Is FREQ's price volatile compared to industry and market?
FREQ volatility
FREQ Average Weekly Movement	n/a
Medical Equipment Industry Average Movement	9.9%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	16.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: FREQ's share price has been volatile over the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Stephen Davis	frequencyexchangecorp.com

Frequency Exchange Corp. focuses on the development and commercialization of a wearable frequency delivery system for the health and wellness market. The company is headquartered in Vancouver, Canada. Frequency Exchange Corp. is a subsidiary of Waveforce Electronics Inc.

Frequency Exchange Corp. Fundamentals Summary

How do Frequency Exchange's earnings and revenue compare to its market cap?
FREQ fundamental statistics
Market cap	CA$6.37m
Earnings (TTM)	-CA$1.44m
Revenue (TTM)	CA$817.47k

7.8x

P/S Ratio

-4.4x

P/E Ratio

Is FREQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FREQ income statement (TTM)
Revenue	CA$817.47k
Cost of Revenue	CA$285.95k
Gross Profit	CA$531.52k
Other Expenses	CA$1.97m
Earnings	-CA$1.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.032
Gross Margin	65.02%
Net Profit Margin	-175.60%
Debt/Equity Ratio	-113.0%

How did FREQ perform over the long term?

See historical performance and comparison

FREQ Stock Overview

Rewards

Risk Analysis

Frequency Exchange Corp. Competitors

CNSX:ASEP

CA$6.1m

TSXV:SQD.H

CA$6.1m

TSX:TMD

CA$6.3m

CNSX:SCYB

CA$4.4m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Second quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.009 loss in 2Q 2023)

First quarter 2024 earnings released: CA$0.012 loss per share (vs CA$0.011 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.037 loss per share (vs CA$0.14 loss in FY 2022)

Frequency Exchange Corp. announced that it expects to receive CAD 0.5 million in funding

Third quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.013 loss in 3Q 2022)

Recent updates

New major risk - Financial position

Second quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.009 loss in 2Q 2023)

First quarter 2024 earnings released: CA$0.012 loss per share (vs CA$0.011 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.037 loss per share (vs CA$0.14 loss in FY 2022)

Frequency Exchange Corp. announced that it expects to receive CAD 0.5 million in funding

Third quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.013 loss in 3Q 2022)

Frequency Exchange Corp.'s Subsidiary Fremedica Technologies Inc. Announces Appointment to Advisory Board

FREmedica Technologies Inc. Announces Advisory Board Appointments

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.014 loss in 2Q 2022)

Frequency Exchange Corp. announced that it expects to receive CAD 0.5 million in funding

First quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.10 loss in 1Q 2022)

Frequency Exchange Corp., Annual General Meeting, Jul 25, 2023

Full year 2022 earnings released: CA$0.14 loss per share (vs CA$0.076 loss in FY 2021)

Less than half of directors are independent

FREmedica Technologies Inc. Appoints Jeff Barnes as Chief Marketing Officer

Third quarter 2022 earnings released: CA$0.013 loss per share (vs CA$0.009 loss in 3Q 2021)

Less than half of directors are independent

Fremedica Technologies Inc. Launches Nikki, A Frequency Delivery System That You Wear

FREmedica Technologies Inc. Announces Launch Date for NIKKI

Fremedica Launches Night-Time Wearable That Improves Cellular Function for Better Sleep, Less Pain, and More Energy

Less than half of directors are independent

FREmedica Technologies Inc. Announces Significant Proof of Concept Trial Results

Frequency Exchange Corp. Announces Executive Changes

Second quarter 2022 earnings released: CA$0.014 loss per share (vs CA$0.016 loss in 2Q 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Frequency Exchange Corp. Fundamentals Summary

7.8x

-4.4x

Earnings & Revenue