Pivotree Inc.

TSXV:PVT Stock Report

Market Cap: CA$43.5m

Pivotree Past Earnings Performance

Past criteria checks 2/6

Pivotree has been growing earnings at an average annual rate of 19.6%, while the IT industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 1.8% per year. Pivotree's return on equity is 8.3%, and it has net margins of 6.3%.

Key information

19.57%

Earnings growth rate

28.28%

EPS growth rate

IT Industry Growth-3.46%
Revenue growth rate1.85%
Return on equity8.28%
Net Margin6.34%
Next Earnings Update14 May 2026

Recent past performance updates

Recent updates

Analysis Article Nov 17

Pivotree Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Pivotree Inc. ( CVE:PVT ) last week reported its latest quarterly results, which makes it a good time for investors to...
Analysis Article Aug 30

Pivotree Inc. (CVE:PVT) Surges 41% Yet Its Low P/S Is No Reason For Excitement

Pivotree Inc. ( CVE:PVT ) shares have continued their recent momentum with a 41% gain in the last month alone. Looking...
Narrative Update Aug 17

AI MIPS And Professional Services Will Build Future Value

Pivotree’s consensus price target has increased to CA$2.17, primarily reflecting improved net profit margin expectations, despite a slight deterioration in forecast revenue growth. Valuation Changes Summary of Valuation Changes for Pivotree The Consensus Analyst Price Target has risen from CA$2.00 to CA$2.17.
Analysis Article Jul 15

Is Pivotree Inc. (CVE:PVT) Trading At A 42% Discount?

Key Insights Pivotree's estimated fair value is CA$2.24 based on 2 Stage Free Cash Flow to Equity Pivotree is estimated...
Analysis Article May 14

What Pivotree Inc.'s (CVE:PVT) 27% Share Price Gain Is Not Telling You

The Pivotree Inc. ( CVE:PVT ) share price has done very well over the last month, posting an excellent gain of 27%. Not...
User avatar
New Narrative Apr 16

SKU Build Expansion And Control Tower Will Open New Markets

Significant cost reductions and strategic appointments have improved net margins and profitability, positioning Pivotree for enhanced revenue generation.
Analysis Article Jan 13

Revenues Not Telling The Story For Pivotree Inc. (CVE:PVT) After Shares Rise 33%

Pivotree Inc. ( CVE:PVT ) shareholders are no doubt pleased to see that the share price has bounced 33% in the last...
Analysis Article Nov 29

Pivotree Inc.'s (CVE:PVT) Popularity With Investors Under Threat As Stock Sinks 25%

Pivotree Inc. ( CVE:PVT ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
Analysis Article Oct 10

Some Shareholders Feeling Restless Over Pivotree Inc.'s (CVE:PVT) P/S Ratio

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the IT industry in Canada, you could be forgiven for...
Analysis Article Aug 16

Pivotree Inc. (CVE:PVT) Just Reported, And Analysts Assigned A CA$2.31 Price Target

The analysts might have been a bit too bullish on Pivotree Inc. ( CVE:PVT ), given that the company fell short of...
Analysis Article Jul 23

Companies Like Pivotree (CVE:PVT) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article May 05

Pivotree Inc.'s (CVE:PVT) 39% Price Boost Is Out Of Tune With Revenues

Pivotree Inc. ( CVE:PVT ) shares have had a really impressive month, gaining 39% after a shaky period beforehand. Not...
Analysis Article Apr 24

We Think Pivotree (CVE:PVT) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Jan 25

Why Investors Shouldn't Be Surprised By Pivotree Inc.'s (CVE:PVT) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.5x Pivotree Inc. ( CVE:PVT ) is a stock worth checking...
Analysis Article Aug 15

We're Interested To See How Pivotree (CVE:PVT) Uses Its Cash Hoard To Grow

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Jun 09

It's Down 27% But Pivotree Inc. (CVE:PVT) Could Be Riskier Than It Looks

Pivotree Inc. ( CVE:PVT ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Analysis Article Dec 02

New Forecasts: Here's What Analysts Think The Future Holds For Pivotree Inc. (CVE:PVT)

Pivotree Inc. ( CVE:PVT ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Analysis Article May 29

We're Not Worried About Pivotree's (CVE:PVT) Cash Burn

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Revenue & Expenses Breakdown

How Pivotree makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:PVT Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25674231
30 Sep 25703242
30 Jun 2573-3262
31 Mar 2576-9292
31 Dec 2478-12322
30 Sep 2481-13342
30 Jun 2483-10362
31 Mar 2486-8372
31 Dec 2390-7382
30 Sep 2395-4393
30 Jun 2398-6413
31 Mar 23102-7434
31 Dec 22102-9424
30 Sep 2298-13424
30 Jun 2289-13393
31 Mar 2277-12353
31 Dec 2168-12332
30 Sep 2162-14331
30 Jun 2162-11321
31 Mar 2163-8301
31 Dec 2064-6291
30 Sep 2063-2262
30 Jun 2062-1262
31 Mar 2061-2272
31 Dec 1960-3262
31 Dec 1850-2221

Quality Earnings: PVT has a large one-off gain of CA$2.5M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: PVT became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PVT has become profitable over the past 5 years, growing earnings by 19.6% per year.

Accelerating Growth: PVT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PVT has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (26.5%).


Return on Equity

High ROE: PVT's Return on Equity (8.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 22:46
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
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

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 Github.

Analyst Sources

Pivotree Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jesse PytlakATB Cormark Historical (Cormark Securities)
Richard TseNational Bank Financial
Meng ShaoNational Bank Financial