Announcement • Mar 14
WestBond Enterprises Corporation Appoints Armaan Alibhai as Chief Financial Officer WestBond Enterprises Corporation announced the appointment of Armaan Alibhai, CPA as Chief Financial Officer. With diverse and senior accounting responsibilities with major public and private corporations, Mr. Alibhai will join a dynamic leadership team at the Company. Reported Earnings • Feb 01
Third quarter 2026 earnings released: EPS: CA$0.006 (vs CA$0.001 loss in 3Q 2025) Third quarter 2026 results: EPS: CA$0.006 (up from CA$0.001 loss in 3Q 2025). Revenue: CA$2.97m (up 29% from 3Q 2025). Net income: CA$217.9k (up CA$258.1k from 3Q 2025). Profit margin: 7.3% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: CA$0.005 (vs CA$0.002 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.005 (up from CA$0.002 in 2Q 2025). Revenue: CA$3.03m (up 18% from 2Q 2025). Net income: CA$174.6k (up 146% from 2Q 2025). Profit margin: 5.8% (up from 2.8% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Nov 05
WestBond Enterprises Corporation Announces Board and Committee Changes WestBond Enterprises Corporation announced that after twelve years of service, Mr. Peter Toigo has decided to resign as a director of the Board of Directors so that he can dedicate more time managing his large corporate portfolio at Shato Holdings. The board further welcome Mr. Walter Robert Lee as newest director to the Board of Directors and as a member of the Audit, Compensation, and Governance committees. Mr. Lee has held numerous high-level management positions in the finance markets with Canacord Genuity, JP Morgan Securities, and The Bank of Montreal. Mr. Lee’s global experience in finance will be a great asset to the company as we enter this new growth phase. Reported Earnings • Aug 22
First quarter 2026 earnings released: EPS: CA$0.003 (vs CA$0 in 1Q 2025) First quarter 2026 results: EPS: CA$0.003 (up from CA$0 in 1Q 2025). Revenue: CA$2.73m (up 20% from 1Q 2025). Net income: CA$97.7k (up CA$85.1k from 1Q 2025). Profit margin: 3.6% (up from 0.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 15
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.12. The fair value is estimated to be CA$0.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jun 27
WestBond Enterprises Corporation, Annual General Meeting, Aug 28, 2025 WestBond Enterprises Corporation, Annual General Meeting, Aug 28, 2025. Location: british columbia, delta Canada Reported Earnings • Jun 26
Full year 2025 earnings released: CA$0.001 loss per share (vs CA$0.006 loss in FY 2024) Full year 2025 results: CA$0.001 loss per share (improved from CA$0.006 loss in FY 2024). Revenue: CA$9.67m (up 4.9% from FY 2024). Net loss: CA$52.4k (loss narrowed 75% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Board Change • May 29
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. No experienced directors. 4 highly experienced directors. Independent Director Peter Toigo was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 20
Third quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2024) Third quarter 2025 results: CA$0.001 loss per share (in line with 3Q 2024). Revenue: CA$2.31m (up 3.0% from 3Q 2024). Net loss: CA$40.1k (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 22
Second quarter 2025 earnings released: EPS: CA$0.002 (vs CA$0.002 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.002 (in line with 2Q 2024). Revenue: CA$2.58m (down 5.2% from 2Q 2024). Net income: CA$71.1k (down 5.0% from 2Q 2024). Profit margin: 2.8% (in line with 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (CA$4.63m market cap, or US$3.41m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Aug 29
First quarter 2025 earnings released: EPS: CA$0 (vs CA$0.002 loss in 1Q 2024) First quarter 2025 results: EPS: CA$0 (improved from CA$0.002 loss in 1Q 2024). Revenue: CA$2.27m (down 4.2% from 1Q 2024). Net income: CA$12.6k (up CA$81.9k from 1Q 2024). Profit margin: 0.6% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 28
Full year 2024 earnings released: CA$0.006 loss per share (vs CA$0.016 profit in FY 2023) Full year 2024 results: CA$0.006 loss per share (down from CA$0.016 profit in FY 2023). Revenue: CA$9.22m (down 17% from FY 2023). Net loss: CA$210.7k (down 137% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Announcement • Jun 27
WestBond Enterprises Corporation, Annual General Meeting, Sep 05, 2024 WestBond Enterprises Corporation, Annual General Meeting, Sep 05, 2024. Location: british columbia, delta Canada Reported Earnings • Feb 25
Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2023) Third quarter 2024 results: CA$0.001 loss per share (in line with 3Q 2023). Revenue: CA$2.24m (down 5.1% from 3Q 2023). Net loss: CA$51.8k (loss widened 172% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 24
Second quarter 2024 earnings released: EPS: CA$0.002 (vs CA$0.005 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.002 (down from CA$0.005 in 2Q 2023). Revenue: CA$2.72m (down 6.2% from 2Q 2023). Net income: CA$74.8k (down 59% from 2Q 2023). Profit margin: 2.8% (down from 6.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 45% per year, which means it has not declined as severely as earnings. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (CA$4.81m market cap, or US$3.47m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Aug 24
First quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.012 profit in 1Q 2023) First quarter 2024 results: CA$0.002 loss per share (down from CA$0.012 profit in 1Q 2023). Revenue: CA$2.37m (down 29% from 1Q 2023). Net loss: CA$69.4k (down 117% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 07
Full year 2023 earnings released: EPS: CA$0.016 (vs CA$0.019 in FY 2022) Full year 2023 results: EPS: CA$0.016 (down from CA$0.019 in FY 2022). Revenue: CA$11.1m (down 2.5% from FY 2022). Net income: CA$574.6k (down 17% from FY 2022). Profit margin: 5.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Announcement • Jun 27
WestBond Enterprises Corporation, Annual General Meeting, Aug 30, 2023 WestBond Enterprises Corporation, Annual General Meeting, Aug 30, 2023. Reported Earnings • Feb 24
Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.006 profit in 3Q 2022) Third quarter 2023 results: CA$0.001 loss per share (down from CA$0.006 profit in 3Q 2022). Revenue: CA$2.36m (down 18% from 3Q 2022). Net loss: CA$19.1k (down 109% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Buying Opportunity • Feb 22
Now 36% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be CA$0.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Buying Opportunity • Dec 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be CA$0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Buying Opportunity • Dec 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be CA$0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Buying Opportunity • Nov 22
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be CA$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: CA$0.005 (vs CA$0.005 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.005 (in line with 2Q 2022). Revenue: CA$2.90m (down 1.5% from 2Q 2022). Net income: CA$182.9k (flat on 2Q 2022). Profit margin: 6.3% (up from 6.2% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year. Announcement • Nov 19
WestBond Enterprises Corporation Declares Quarterly Dividend, Payable on December 23, 2022 WestBond Enterprises Corporation declared a quarterly dividend of $0.005 per share which will be paid on December 23, 2022 to shareholders of record on December 5, 2022. Board Change • Nov 17
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. No experienced directors. 4 highly experienced directors. Independent Director Peter Toigo was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 19
First quarter 2023 earnings released: EPS: CA$0.012 (vs CA$0.002 in 1Q 2022) First quarter 2023 results: EPS: CA$0.012 (up from CA$0.002 in 1Q 2022). Revenue: CA$3.32m (up 23% from 1Q 2022). Net income: CA$415.4k (up 496% from 1Q 2022). Profit margin: 13% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 19
WestBond Enterprises Corporation Declares Quarterly Dividend, Payable on September 23, 2022 WestBond Enterprises Corporation declared quarterly dividend of $0.005 per share which will be paid on September 23, 2022 to shareholders of record on September 5, 2022. The dividends are eligible dividends for the purposes of the Income Tax Act (Canada). Reported Earnings • Jun 18
Full year 2022 earnings released: EPS: CA$0.019 (vs CA$0.074 in FY 2021) Full year 2022 results: EPS: CA$0.019 (down from CA$0.074 in FY 2021). Revenue: CA$11.4m (down 19% from FY 2021). Net income: CA$693.2k (down 74% from FY 2021). Profit margin: 6.1% (down from 19% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jun 16
WestBond Enterprises Corporation, Annual General Meeting, Aug 31, 2022 WestBond Enterprises Corporation, Annual General Meeting, Aug 31, 2022. Announcement • May 28
WestBond Enterprises Corporation Announces Quarterly Dividend, Payable on June 21, 2022 WestBond Enterprises Corporation announced that a quarterly dividend of $0.005 per share will be paid on June 21, 2022 to shareholders of record on June 7, 2022. Board Change • Apr 27
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. No experienced directors. 4 highly experienced directors. Independent Director Peter Toigo was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: CA$0.006 (down from CA$0.052 in 3Q 2021). Revenue: CA$2.88m (down 53% from 3Q 2021). Net income: CA$218.5k (down 88% from 3Q 2021). Profit margin: 7.6% (down from 30% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Westbond Enterprises Corporation Resumes Quarterly Dividend At $0.005 Per Share, Payable on March 25, 2022 WestBond Enterprises Corporation resumed its quarterly dividend at $0.005 per share. The next dividend is payable on March 25, 2022 to shareholders of record on March 7, 2022. Reported Earnings • Nov 26
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: CA$0.005 (down from CA$0.015 in 2Q 2021). Revenue: CA$2.94m (down 10.0% from 2Q 2021). Net income: CA$182.4k (down 66% from 2Q 2021). Profit margin: 6.2% (down from 17% in 2Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS CA$0.074 (vs CA$0.017 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$14.0m (up 20% from FY 2020). Net income: CA$2.64m (up 347% from FY 2020). Profit margin: 19% (up from 5.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 26
WestBond Enterprises Corporation Announces Quarterly Dividend, Payable on June 21, 2021 WestBond Enterprises Corporation announced that the quarterly dividend of $0.02 per share will be paid on June 21, 2021 to shareholders of record on June 7, 2021. The dividends are eligible dividends for the purposes of the Income Tax Act (Canada). Reported Earnings • Feb 27
Third quarter 2021 earnings released: EPS CA$0.052 (vs CA$0.004 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$6.16m (up 107% from 3Q 2020). Net income: CA$1.85m (up CA$1.70m from 3Q 2020). Profit margin: 30% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 27
New 90-day high: CA$1.19 The company is up 40% from its price of CA$0.85 on 27 November 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: CA$0.95 The company is up 61% from its price of CA$0.59 on 22 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: CA$0.89 The company is up 134% from its price of CA$0.38 on 28 August 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 2.0% over the same period. Reported Earnings • Nov 26
Second quarter 2021 earnings released: EPS CA$0.015 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$3.27m (up 8.7% from 2Q 2020). Net income: CA$538.3k (up 293% from 2Q 2020). Profit margin: 17% (up from 4.6% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Oct 03
New 90-day high: CA$0.55 The company is up 96% from its price of CA$0.28 on 03 July 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 26% over the same period.