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Updated 1m ago
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EMERGE Commerce Ltd.TSXV:ECOM Stock Report

Market Cap CA$16.1m
Updated 1m ago
Share Price
n/a
1Y5.9%
7D12.5%
1D0%
Portfolio Value
​
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EMERGE Commerce Ltd.

TSXV:ECOM Stock Report

Market Cap: CA$16.1m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

EMERGE Commerce (ECOM) Stock Overview

Owns and operates a portfolio of e-commerce marketplaces and subscription services in Canada and the United States. More details

ECOM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 70.3% below our estimate of its fair value

Risk Analysis

Negative shareholders equity

Does not have a meaningful market cap (CA$16M)

Shareholders have been diluted in the past year


ECOM Community Fair Values

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CA$
Current Price
CA$0.0983.7% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-15m39m2016201920222025202620282031Revenue CA$22.7mEarnings CA$1.8m
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EMERGE Commerce Ltd. Competitors

SonicStrategy

Symbol: CNSX:SONI
Market cap: CA$5.5m

Quanta AI

Symbol: TSXV:DM
Market cap: CA$6.9m

Carrier Connect Data Solutions

Symbol: TSXV:CCDS
Market cap: CA$40.7m

Martello Technologies Group

Symbol: TSXV:MTLO
Market cap: CA$2.9m

Price History & Performance

Summary of share price highs, lows and changes for EMERGE Commerce
Historical stock prices
Current Share PriceCA$0.09
52 Week HighCA$0.15
52 Week LowCA$0.07
Beta0.70
1 Month Change20.00%
3 Month Change12.50%
1 Year Change5.88%
3 Year Change200.00%
5 Year Change-85.25%
Change since IPO-91.74%

Recent News & Updates

Recent updates

Analysis Article • Dec 13

EMERGE Commerce Ltd.'s (CVE:ECOM) Share Price Boosted 35% But Its Business Prospects Need A Lift Too

The EMERGE Commerce Ltd. ( CVE:ECOM ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article • Oct 29

EMERGE Commerce Ltd. (CVE:ECOM) Held Back By Insufficient Growth Even After Shares Climb 27%

EMERGE Commerce Ltd. ( CVE:ECOM ) shares have had a really impressive month, gaining 27% after a shaky period...
Analysis Article • Oct 21

Estimating The Intrinsic Value Of EMERGE Commerce Ltd. (CVE:ECOM)

Key Insights The projected fair value for EMERGE Commerce is CA$0.089 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article • Jul 28

Improved Revenues Required Before EMERGE Commerce Ltd. (CVE:ECOM) Stock's 89% Jump Looks Justified

EMERGE Commerce Ltd. ( CVE:ECOM ) shareholders have had their patience rewarded with a 89% share price jump in the last...
Analysis Article • Apr 11

What EMERGE Commerce Ltd.'s (CVE:ECOM) P/S Is Not Telling You

There wouldn't be many who think EMERGE Commerce Ltd.'s ( CVE:ECOM ) price-to-sales (or "P/S") ratio of 0.3x is worth a...
Analysis Article • Dec 27

EMERGE Commerce Ltd.'s (CVE:ECOM) Shares Climb 43% But Its Business Is Yet to Catch Up

EMERGE Commerce Ltd. ( CVE:ECOM ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Sep 26

EMERGE Commerce Ltd. (CVE:ECOM) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing

EMERGE Commerce Ltd. ( CVE:ECOM ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article • Jun 19

Even With A 38% Surge, Cautious Investors Are Not Rewarding EMERGE Commerce Ltd.'s (CVE:ECOM) Performance Completely

EMERGE Commerce Ltd. ( CVE:ECOM ) shareholders have had their patience rewarded with a 38% share price jump in the last...
Analysis Article • Feb 07

Is Emerge Commerce (CVE:ECOM) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Feb 07

Investors Still Aren't Entirely Convinced By Emerge Commerce Ltd.'s (CVE:ECOM) Revenues Despite 350% Price Jump

Emerge Commerce Ltd. ( CVE:ECOM ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Apr 17

Emerge Commerce Ltd.'s (CVE:ECOM) Price Is Right But Growth Is Lacking

Emerge Commerce Ltd.'s ( CVE:ECOM ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty appealing investment...

Shareholder Returns

ECOMCA ITCA Market
7D12.5%-4.5%-1.8%
1Y5.9%-24.8%22.6%

Return vs Industry: ECOM exceeded the Canadian IT industry which returned -24.8% over the past year.

Return vs Market: ECOM underperformed the Canadian Market which returned 22.6% over the past year.

Price Volatility

Is ECOM's price volatile compared to industry and market?
ECOM volatility
ECOM Average Weekly Movement7.8%
IT Industry Average Movement10.0%
Market Average Movement9.3%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: ECOM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ECOM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aGhassan Halazonwww.emerge-commerce.com

EMERGE Commerce Ltd. owns and operates a portfolio of e-commerce marketplaces and subscription services in Canada and the United States. The company’s e-commerce brands include truLOCAL.ca, UnderPar.com, Tee 2 Green, Viral Loops, and JustGolfStuff.ca. The company operates e-commerce brands and technologies through D2C and B2B, spanning its grocery, golf, and referral marketing businesses.

EMERGE Commerce Ltd. Fundamentals Summary

How do EMERGE Commerce's earnings and revenue compare to its market cap?
ECOM fundamental statistics
Market capCA$16.14m
Earnings (TTM)-CA$289.00k
Revenue (TTM)CA$29.16m
0.6x
P/S Ratio
-55.9x
P/E Ratio

Is ECOM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECOM income statement (TTM)
RevenueCA$29.16m
Cost of RevenueCA$18.70m
Gross ProfitCA$10.47m
Other ExpensesCA$10.76m
Earnings-CA$289.00k

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.0016
Gross Margin35.89%
Net Profit Margin-0.99%
Debt/Equity Ratio-130.2%

How did ECOM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 20:05
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

EMERGE Commerce Ltd. is covered by 2 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
Aravinda GalappatthigeCanaccord Genuity
Steven LiRaymond James Ltd.

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