VerticalScope Holdings Inc.

TSX:FORA Stock Report

Market Cap: CA$59.8m

VerticalScope Holdings Management

Management criteria checks 1/4

VerticalScope Holdings' CEO is Chris Goodridge, appointed in Jun 2025, has a tenure of 1.08 years. total yearly compensation is $1.66M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.96% of the company’s shares, worth CA$573.29K. The average tenure of the management team and the board of directors is 1.1 years and 5.1 years respectively.

Key information

Chris Goodridge

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage22.12%
CEO tenure1.1yrs
CEO ownership1.0%
Management average tenure1.1yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Analysis Article May 15

Earnings Release: Here's Why Analysts Cut Their VerticalScope Holdings Inc. (TSE:FORA) Price Target To CA$4.47

VerticalScope Holdings Inc. ( TSE:FORA ) just released its latest first-quarter report and things are not looking...
Analysis Article Jan 17

VerticalScope Holdings Inc. (TSE:FORA) Investors Are Less Pessimistic Than Expected

It's not a stretch to say that VerticalScope Holdings Inc.'s ( TSE:FORA ) price-to-sales (or "P/S") ratio of 0.7x seems...
Analysis Article Mar 29

VerticalScope Holdings Inc. (TSE:FORA) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

VerticalScope Holdings Inc. ( TSE:FORA ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Feb 28

We Think VerticalScope Holdings (TSE:FORA) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 07

There's Reason For Concern Over VerticalScope Holdings Inc.'s (TSE:FORA) Massive 25% Price Jump

VerticalScope Holdings Inc. ( TSE:FORA ) shares have continued their recent momentum with a 25% gain in the last month...
User avatar
New Narrative Feb 06

Investments In AI And Blockchain Will Elevate Future User Engagement

Strong MAU growth and user interest in authentic content are likely to boost digital advertising revenue.
Analysis Article Dec 03

VerticalScope Holdings (TSE:FORA) Shareholders Will Want The ROCE Trajectory To Continue

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Nov 14

VerticalScope Holdings Inc.'s (TSE:FORA) Share Price Could Signal Some Risk

When you see that almost half of the companies in the Interactive Media and Services industry in Canada have...
Analysis Article Jul 30

Does VerticalScope Holdings (TSE:FORA) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 26

VerticalScope Holdings Inc.'s (TSE:FORA) Share Price Could Signal Some Risk

When close to half the companies in the Interactive Media and Services industry in Canada have price-to-sales ratios...
Analysis Article May 10

Earnings Beat: VerticalScope Holdings Inc. (TSE:FORA) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

VerticalScope Holdings Inc. ( TSE:FORA ) just released its quarterly report and things are looking bullish. Revenues...
Analysis Article Mar 16

VerticalScope Holdings Inc. (TSE:FORA) Analysts Are Pretty Bullish On The Stock After Recent Results

Shareholders will be ecstatic, with their stake up 59% over the past week following VerticalScope Holdings Inc. 's...
Analysis Article Feb 23

Some Shareholders Feeling Restless Over VerticalScope Holdings Inc.'s (TSE:FORA) P/S Ratio

It's not a stretch to say that VerticalScope Holdings Inc.'s ( TSE:FORA ) price-to-sales (or "P/S") ratio of 1x seems...
Analysis Article Nov 10

VerticalScope Holdings Inc.'s (TSE:FORA) Shares May Have Run Too Fast Too Soon

With a median price-to-sales (or "P/S") ratio of close to 1.1x in the Interactive Media and Services industry in...
Analysis Article Mar 10

Here's What Analysts Are Forecasting For VerticalScope Holdings Inc. (TSE:FORA) After Its Yearly Results

Shareholders might have noticed that VerticalScope Holdings Inc. ( TSE:FORA ) filed its full-year result this time last...

CEO Compensation Analysis

How has Chris Goodridge's remuneration changed compared to VerticalScope Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$9m

Dec 31 2025US$2mUS$367k

-US$8m

Sep 30 2025n/an/a

-US$5m

Jun 30 2025n/an/a

-US$4m

Mar 31 2025n/an/a

-US$1m

Dec 31 2024US$790kUS$288k

-US$16k

Sep 30 2024n/an/a

US$3m

Jun 30 2024n/an/a

US$997k

Mar 31 2024n/an/a

-US$1m

Dec 31 2023US$553kUS$293k

-US$5m

Sep 30 2023n/an/a

-US$7m

Jun 30 2023n/an/a

-US$12m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$637kUS$304k

-US$25m

Sep 30 2022n/an/a

-US$32m

Jun 30 2022n/an/a

-US$28m

Mar 31 2022n/an/a

-US$25m

Dec 31 2021US$520kUS$167k

-US$12m

Compensation vs Market: Chris's total compensation ($USD1.66M) is above average for companies of similar size in the Canadian market ($USD153.09K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


CEO

Chris Goodridge (50 yo)

1.1yrs
Tenure
US$1,659,601
Compensation

Mr. Christopher Goodridge, also known as Chris, is President at VerticalScope Inc. since 2020, serves as its Chief Executive Officer since June 04, 2025 and had been its Chief Operating Officer until June...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Laidlaw
Founder & Chair of the Board13.7yrsUS$435.95k2.1%
CA$ 1.3m
Christopher Goodridge
Chief Executive Officer1.1yrsUS$1.66m0.96%
CA$ 573.3k
Vincenzo Bellissimo
Chief Financial Officer9.5yrsUS$511.04k0.25%
CA$ 151.2k
Ezra Menaged
Chief Operating Officer1.1yrsUS$958.17k0.11%
CA$ 68.7k
Meir Welcher
Chief Technology Officer1.1yrsUS$745.20kno data
Diane Yu
Chief Legal Officer & Corporate Secretary13.5yrsUS$540.21k0.33%
CA$ 196.5k
1.1yrs
Average Tenure
49yo
Average Age

Experienced Management: FORA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Laidlaw
Founder & Chair of the Board13.7yrsUS$435.95k2.1%
CA$ 1.3m
Michael Washinushi
Independent Director5.1yrsUS$58.06k0.0046%
CA$ 2.8k
Wayne Bigby
Lead Independent Director5.1yrsUS$88.71k0.023%
CA$ 13.8k
Cory Janssen
Independent Director5.1yrsUS$58.06k0.0046%
CA$ 2.8k
Neil Oliver
Independent Directorless than a yearno datano data
5.1yrs
Average Tenure
57yo
Average Age

Experienced Board: FORA's board of directors are considered experienced (5.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 23:35
End of Day Share Price 2026/07/02 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

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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

VerticalScope Holdings Inc. is covered by 8 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David McFadgenATB Cormark
Gabriel LeungBeacon Securities Limited
Aravinda GalappatthigeCanaccord Genuity