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Farmers Edge TSX:FDGE Stock Report

Last Price

CA$0.34

Market Cap

CA$14.5m

7D

0%

1Y

97.1%

Updated

26 Mar, 2024

Data

Company Financials

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

FDGE Stock Overview

Farmers Edge Inc. develops digital agriculture solutions in Canada, the United States, Brazil, Australia, and internationally. More details

FDGE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Farmers Edge Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Farmers Edge
Historical stock prices
Current Share PriceCA$0.34
52 Week HighCA$0.35
52 Week LowCA$0.08
Beta2.03
1 Month Change0%
3 Month Change43.75%
1 Year Change97.14%
3 Year Change-98.07%
5 Year Changen/a
Change since IPO-98.27%

Recent News & Updates

Farmers Edge Inc.'s (TSE:FDGE) Shares Bounce 46% But Its Business Still Trails The Industry

Jan 23
Farmers Edge Inc.'s (TSE:FDGE) Shares Bounce 46% But Its Business Still Trails The Industry

Recent updates

Farmers Edge Inc.'s (TSE:FDGE) Shares Bounce 46% But Its Business Still Trails The Industry

Jan 23
Farmers Edge Inc.'s (TSE:FDGE) Shares Bounce 46% But Its Business Still Trails The Industry

Lacklustre Performance Is Driving Farmers Edge Inc.'s (TSE:FDGE) 43% Price Drop

Oct 26
Lacklustre Performance Is Driving Farmers Edge Inc.'s (TSE:FDGE) 43% Price Drop

Some Analysts Just Cut Their Farmers Edge Inc. (TSE:FDGE) Estimates

Nov 23
Some Analysts Just Cut Their Farmers Edge Inc. (TSE:FDGE) Estimates

Newsflash: Farmers Edge Inc. (TSE:FDGE) Analysts Have Been Trimming Their Revenue Forecasts

Aug 16
Newsflash: Farmers Edge Inc. (TSE:FDGE) Analysts Have Been Trimming Their Revenue Forecasts

The Consensus EPS Estimates For Farmers Edge Inc. (TSE:FDGE) Just Fell Dramatically

May 20
The Consensus EPS Estimates For Farmers Edge Inc. (TSE:FDGE) Just Fell Dramatically

Things Look Grim For Farmers Edge Inc. (TSE:FDGE) After Today's Downgrade

Apr 01
Things Look Grim For Farmers Edge Inc. (TSE:FDGE) After Today's Downgrade

We're Keeping An Eye On Farmers Edge's (TSE:FDGE) Cash Burn Rate

Feb 04
We're Keeping An Eye On Farmers Edge's (TSE:FDGE) Cash Burn Rate

Is Farmers Edge (TSE:FDGE) In A Good Position To Deliver On Growth Plans?

Nov 02
Is Farmers Edge (TSE:FDGE) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

FDGECA SoftwareCA Market
7D0%-2.3%-1.4%
1Y97.1%30.6%15.9%

Return vs Industry: FDGE exceeded the Canadian Software industry which returned 33.9% over the past year.

Return vs Market: FDGE exceeded the Canadian Market which returned 9.3% over the past year.

Price Volatility

Is FDGE's price volatile compared to industry and market?
FDGE volatility
FDGE Average Weekly Movement14.0%
Software Industry Average Movement11.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: FDGE's weekly volatility has decreased from 23% to 14% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/aVibhore Arorawww.farmersedge.ca

Farmers Edge Inc. develops digital agriculture solutions in Canada, the United States, Brazil, Australia, and internationally. It operates through two segments, Digital Agronomy Operations and E-commerce Operations. The Digital Agronomy Operations segment offers suite of digital agronomy solutions to growers.

Farmers Edge Inc. Fundamentals Summary

How do Farmers Edge's earnings and revenue compare to its market cap?
FDGE fundamental statistics
Market capCA$14.50m
Earnings (TTM)-CA$75.20m
Revenue (TTM)CA$26.50m

0.5x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FDGE income statement (TTM)
RevenueCA$26.50m
Cost of RevenueCA$43.18m
Gross Profit-CA$16.68m
Other ExpensesCA$58.52m
Earnings-CA$75.20m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.79
Gross Margin-62.96%
Net Profit Margin-283.83%
Debt/Equity Ratio-234.4%

How did FDGE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/26 06:58
End of Day Share Price 2024/03/26 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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 here.

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 .

Analyst Sources

Farmers Edge Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas TaylorCanaccord Genuity
Jacob BoutCIBC Capital Markets
Nicholas BoychukCormark Securities Inc.