Reported Earnings • Jun 24
Second quarter 2026 earnings released: EPS: CA$0.008 (vs CA$0.009 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.008 (down from CA$0.009 in 2Q 2025). Revenue: CA$5.40m (flat on 2Q 2025). Net income: CA$394.6k (down 2.7% from 2Q 2025). Profit margin: 7.3% (down from 7.5% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Canaf Investments Inc., Annual General Meeting, Jun 24, 2026 Canaf Investments Inc., Annual General Meeting, Jun 24, 2026. Location: british columbia, vancouver Canada Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: CA$0.051 (vs CA$0.046 in FY 2024) Full year 2025 results: EPS: CA$0.051 (up from CA$0.046 in FY 2024). Revenue: CA$27.7m (down 15% from FY 2024). Net income: CA$2.42m (up 12% from FY 2024). Profit margin: 8.7% (up from 6.6% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 19
Third quarter 2025 earnings released: EPS: CA$0.016 (vs CA$0.016 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.016 (in line with 3Q 2024). Revenue: CA$6.73m (down 28% from 3Q 2024). Net income: CA$740.3k (flat on 3Q 2024). Profit margin: 11% (up from 8.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 25
Second quarter 2025 earnings released: EPS: CA$0.009 (vs CA$0.007 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.009 (up from CA$0.007 in 2Q 2024). Revenue: CA$5.43m (down 12% from 2Q 2024). Net income: CA$405.6k (up 20% from 2Q 2024). Profit margin: 7.5% (up from 5.4% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 17
Canaf Investments Inc., Annual General Meeting, May 13, 2025 Canaf Investments Inc., Annual General Meeting, May 13, 2025. Location: british columbia, vancouver Canada New Risk • Mar 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$14.0m (US$9.64m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: CA$0.046 (vs CA$0.047 in FY 2023) Full year 2024 results: EPS: CA$0.046 (down from CA$0.047 in FY 2023). Revenue: CA$32.7m (up 1.2% from FY 2023). Net income: CA$2.16m (down 3.4% from FY 2023). Profit margin: 6.6% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 43% per year. Reported Earnings • Sep 26
Third quarter 2024 earnings released: EPS: CA$0.016 (vs CA$0.014 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.016 (up from CA$0.014 in 3Q 2023). Revenue: CA$9.28m (up 10% from 3Q 2023). Net income: CA$744.4k (up 15% from 3Q 2023). Profit margin: 8.0% (up from 7.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 27
Second quarter 2024 earnings released: EPS: CA$0.007 (vs CA$0.008 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.007 (down from CA$0.008 in 2Q 2023). Revenue: CA$6.20m (down 2.9% from 2Q 2023). Net income: CA$337.7k (down 16% from 2Q 2023). Profit margin: 5.4% (down from 6.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Mar 02
Canaf Investments Inc., Annual General Meeting, May 13, 2024 Canaf Investments Inc., Annual General Meeting, May 13, 2024. Location: Vancouver, BC Vancouver BC British Columbia Canada Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CA$0.047 (vs CA$0.022 in FY 2022) Full year 2023 results: EPS: CA$0.047 (up from CA$0.022 in FY 2022). Revenue: CA$32.3m (up 39% from FY 2022). Net income: CA$2.24m (up 112% from FY 2022). Profit margin: 6.9% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Jan 02
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. 3 experienced directors. 1 highly experienced director. Independent Director Monita Franziska Faris was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
Third quarter 2023 earnings released: EPS: CA$0.009 (vs CA$0.011 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.009 (down from CA$0.011 in 3Q 2022). Revenue: CA$4.32m (down 38% from 3Q 2022). Net income: CA$418.0k (down 20% from 3Q 2022). Profit margin: 9.7% (up from 7.6% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 01
Second quarter 2023 earnings released: EPS: US$0.01 (vs US$0.001 in 2Q 2022) Second quarter 2023 results: EPS: US$0.01 (up from US$0.001 in 2Q 2022). Revenue: US$8.12m (up 127% from 2Q 2022). Net income: US$488.4k (up US$438.8k from 2Q 2022). Profit margin: 6.0% (up from 1.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: US$0.016 (vs US$0.015 in FY 2021) Full year 2022 results: EPS: US$0.016 (up from US$0.015 in FY 2021). Revenue: US$17.1m (up 21% from FY 2021). Net income: US$773.8k (up 6.8% from FY 2021). Profit margin: 4.5% (down from 5.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 28
Third quarter 2022 earnings released: EPS: US$0.009 (vs US$0.006 in 3Q 2021) Third quarter 2022 results: EPS: US$0.009 (up from US$0.006 in 3Q 2021). Revenue: US$5.41m (up 19% from 3Q 2021). Net income: US$408.6k (up 41% from 3Q 2021). Profit margin: 7.6% (up from 6.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Apr 27
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 28%. Reported Earnings • Apr 01
First quarter 2022 earnings released: EPS: US$0.001 (vs US$0.003 in 1Q 2021) First quarter 2022 results: EPS: US$0.001 (down from US$0.003 in 1Q 2021). Revenue: US$2.33m (down 27% from 1Q 2021). Net income: US$55.7k (down 66% from 1Q 2021). Profit margin: 2.4% (down from 5.1% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Mar 23
Canaf Investments Inc., Annual General Meeting, May 12, 2022 Canaf Investments Inc., Annual General Meeting, May 12, 2022. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.015 (up from US$0.014 in FY 2020). Revenue: US$14.2m (up 4.9% from FY 2020). Net income: US$724.4k (up 6.5% from FY 2020). Profit margin: 5.1% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Jan 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman of the Board Peter Wassenaar was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
Third quarter 2021 earnings released: EPS US$0.006 (vs US$0.009 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$4.54m (up 16% from 3Q 2020). Net income: US$289.4k (down 30% from 3Q 2020). Profit margin: 6.4% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 26
Second quarter 2021 earnings released: EPS US$0.004 (vs US$0.002 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$3.11m (up 10% from 2Q 2020). Net income: US$195.8k (up 94% from 2Q 2020). Profit margin: 6.3% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
First quarter 2021 earnings released: EPS US$0.003 (vs US$0.002 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$3.18m (up 19% from 1Q 2020). Net income: US$161.6k (up 41% from 1Q 2020). Profit margin: 5.1% (up from 4.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Announcement • Mar 16
Canaf Investments Inc., Annual General Meeting, May 12, 2021 Canaf Investments Inc., Annual General Meeting, May 12, 2021. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS US$0.014 (vs US$0.008 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$13.5m (up 15% from FY 2019). Net income: US$680.5k (up 73% from FY 2019). Profit margin: 5.0% (up from 3.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 06
Canaf Investments Inc Announces Executive Changes Canaf Investments Inc. announced with immediate effect the resignation of David Way as Chairman and longstanding member of the Board of Directors on account of ill health. David will now focus on spending time with his family. David joined the Board of Canaf in 2006, quickly becoming a highly valued strategic and financial supporter of the Corporation. His contribution over the past 14 years has been integral to the growth of Canaf, and his experienced business acumen and prominent board presence will be greatly missed across all levels of the Corporation. Mr. Peter Wassenaar, an existing Director, will assume the duties of Chairman. Ms. Monita Faris will be appointed as Non-Executive Director; she has already worked with the Corporation for a number of years leading on Company secretarial duties. Reported Earnings • Sep 25
Third quarter earnings released Over the last 12 months the company has reported total profits of US$727.8k, up 102% from the prior year. Total revenue was US$13.5m over the last 12 months, up 32% from the prior year.