Hydreight Technologies Inc.

TSXV:NURS Stock Report

Market Cap: CA$228.3m

Hydreight Technologies Past Earnings Performance

Past criteria checks 3/6

Hydreight Technologies has been growing earnings at an average annual rate of 50%, while the Healthcare Services industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 61.5% per year. Hydreight Technologies's return on equity is 11.7%, and it has net margins of 7.6%.

Key information

50.05%

Earnings growth rate

137.33%

EPS growth rate

Healthcare Services Industry Growth-3.93%
Revenue growth rate61.55%
Return on equity11.70%
Net Margin7.64%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

NURS: Future P/E Repricing Will Support A Stronger Bullish Outlook

Analysts have revised their fair value estimate for Hydreight Technologies to CA$8.25 from CA$6.00, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Hydreight Technologies Hydreight Technologies reported completion of a share repurchase tranche from March 9, 2026 to June 1, 2026, buying back 49,000 shares, or about 0.1% of shares, for roughly CA$0.14 million under the buyback announced on March 9, 2026.
Analysis Article Feb 07

Industry Analysts Just Upgraded Their Hydreight Technologies Inc. (CVE:NURS) Revenue Forecasts By 42%

Hydreight Technologies Inc. ( CVE:NURS ) shareholders will have a reason to smile today, with the analysts making...
Analysis Article Dec 31

Investors Still Aren't Entirely Convinced By Hydreight Technologies Inc.'s (CVE:NURS) Revenues Despite 25% Price Jump

Hydreight Technologies Inc. ( CVE:NURS ) shareholders would be excited to see that the share price has had a great...
Analysis Article Nov 01

Investors Still Aren't Entirely Convinced By Hydreight Technologies Inc.'s (CVE:NURS) Revenues Despite 30% Price Jump

Hydreight Technologies Inc. ( CVE:NURS ) shares have continued their recent momentum with a 30% gain in the last month...
Analysis Article Aug 23

Investors Still Aren't Entirely Convinced By Hydreight Technologies Inc.'s (CVE:NURS) Revenues Despite 77% Price Jump

The Hydreight Technologies Inc. ( CVE:NURS ) share price has done very well over the last month, posting an excellent...
Analysis Article Jul 09

Hydreight Technologies Inc. (CVE:NURS) Soars 25% But It's A Story Of Risk Vs Reward

Despite an already strong run, Hydreight Technologies Inc. ( CVE:NURS ) shares have been powering on, with a gain of...
Analysis Article Apr 21

Hydreight Technologies Inc.'s (CVE:NURS) Shares Leap 68% Yet They're Still Not Telling The Full Story

Those holding Hydreight Technologies Inc. ( CVE:NURS ) shares would be relieved that the share price has rebounded 68...
Analysis Article Mar 07

Investors Give Hydreight Technologies Inc. (CVE:NURS) Shares A 49% Hiding

Hydreight Technologies Inc. ( CVE:NURS ) shares have had a horrible month, losing 49% after a relatively good period...
Analysis Article Jan 21

The Market Lifts Hydreight Technologies Inc. (CVE:NURS) Shares 67% But It Can Do More

Despite an already strong run, Hydreight Technologies Inc. ( CVE:NURS ) shares have been powering on, with a gain of...
Analysis Article Nov 28

The Market Lifts Hydreight Technologies Inc. (CVE:NURS) Shares 136% But It Can Do More

Hydreight Technologies Inc. ( CVE:NURS ) shares have continued their recent momentum with a 136% gain in the last month...
Analysis Article Nov 22

We're Hopeful That Hydreight Technologies (CVE:NURS) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, Hydreight...

Revenue & Expenses Breakdown

How Hydreight Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:NURS Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2656470
31 Dec 2535270
30 Sep 2524070
30 Jun 2518060
31 Mar 2517060
31 Dec 2416060
30 Sep 2415-170
30 Jun 2414-270
31 Mar 2413-270
31 Dec 2312-260
30 Sep 2310-660
30 Jun 238-650
31 Mar 236-640
31 Dec 224-630
30 Sep 223-120
30 Jun 222-120
31 Mar 222-110
31 Dec 211-110
31 Dec 200010

Quality Earnings: NURS has high quality earnings.

Growing Profit Margin: NURS became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NURS has become profitable over the past 5 years, growing earnings by 50% per year.

Accelerating Growth: NURS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NURS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare Services industry (12.4%).


Return on Equity

High ROE: NURS's Return on Equity (11.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/29 00:43
End of Day Share Price 2026/06/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hydreight Technologies Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Tania Armstrong-WhitworthCanaccord Genuity
Allen KleeMaxim Group