DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION

MindWalk Holdings Corp.

NasdaqCM:HYFT Stock Report

Market Cap: US$61.3m

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

MindWalk Holdings Past Earnings Performance

Past criteria checks 0/6

MindWalk Holdings's earnings have been declining at an average annual rate of -12.6%, while the Life Sciences industry saw earnings declining at 4.3% annually. Revenues have been growing at an average rate of 1.7% per year.

Key information

-12.58%

Earnings growth rate

1.44%

EPS growth rate

Life Sciences Industry Growth21.51%
Revenue growth rate1.74%
Return on equity-128.54%
Net Margin-97.07%
Next Earnings Update14 Sep 2026

Recent past performance updates

Recent updates

User avatar
Narrative Update • Jul 30

Re-Evaluating MindWalk Holdings: Cash Runway Realities and Fair Value Calculations

In our initial investment thesis, we framed MindWalk as an asymmetric TechBio play with an $8.27 USD fair value target. Our core thesis rested on the company’s pivot from a capital-intensive wet-lab Contract Research Organization (CRO) to a high-margin, scalable software-as-a-service (SaaS) platform powered by its proprietary BioNative HYFT technology.
User avatar
New Narrative • Jun 18

The Asymmetric TechBio Play: MindWalk Holdings and the Valuation Disconnect

MindWalk Holdings Corp. (NASDAQ: HYFT) presents a classic case of market mispricing driven by a transitional lag.
Analysis Article • Jan 08

MindWalk Holdings Corp.'s (NASDAQ:HYFT) P/S Is Still On The Mark Following 38% Share Price Bounce

MindWalk Holdings Corp. ( NASDAQ:HYFT ) shareholders have had their patience rewarded with a 38% share price jump in...
Seeking Alpha • Oct 17

MindWalk Holdings: Repositioned TechBio Platform With Early LensAI Proof Points

Summary MindWalk Holdings (HYFT) has pivoted to an asset-light, AI-driven techbio platform, leveraging its HYFT and LensAI technologies for in silico drug discovery. LensAI's early successes include a dual-action GLP-1 agonist and a universal dengue vaccine candidate, highlighting HYFT's practical potential and commercial promise. HYFT reported record quarterly sales, improved margins, and a strengthened balance sheet post-divestiture. At an $75 million valuation, HYFT remains undervalued relative to  other techbio players; I assign a Buy rating based on its platform, partnerships, and growth outlook. Read the full article on Seeking Alpha
Analysis Article • Jun 24

Even With A 72% Surge, Cautious Investors Are Not Rewarding ImmunoPrecise Antibodies Ltd.'s (NASDAQ:IPA) Performance Completely

Despite an already strong run, ImmunoPrecise Antibodies Ltd. ( NASDAQ:IPA ) shares have been powering on, with a gain...
User avatar
New Narrative • May 05

AI Driven Partnerships Will Open New Biotech Opportunities

Strategic partnerships and tech collaborations are anticipated to boost revenue streams, improve net margins, and enhance operational efficiency.
Analysis Article • May 04

ImmunoPrecise Antibodies Ltd.'s (NASDAQ:IPA) Shares Leap 28% Yet They're Still Not Telling The Full Story

ImmunoPrecise Antibodies Ltd. ( NASDAQ:IPA ) shareholders would be excited to see that the share price has had a great...
Analysis Article • Apr 22

Will ImmunoPrecise Antibodies (NASDAQ:IPA) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Jan 17

Even With A 30% Surge, Cautious Investors Are Not Rewarding ImmunoPrecise Antibodies Ltd.'s (NASDAQ:IPA) Performance Completely

ImmunoPrecise Antibodies Ltd. ( NASDAQ:IPA ) shares have had a really impressive month, gaining 30% after a shaky...
Analysis Article • Nov 24

ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) Stock's 45% Dive Might Signal An Opportunity But It Requires Some Scrutiny

ImmunoPrecise Antibodies Ltd. ( NASDAQ:IPA ) shareholders that were waiting for something to happen have been dealt a...
Seeking Alpha • Sep 14

ImmunoPrecise Antibodies reports FQ1 results

ImmunoPrecise Antibodies press release (NASDAQ:IPA): FQ1 Revenue of C$4.7M (+2.2% Y/Y). As of July 31, 2022, the company held cash of C$19.2M as compared to C$30.0M as of April 30, 2022, and had working capital of C$21.7M. The company’s internal forecast indicates the cash on hand will sustain its existing operations for at least 12 months.

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NasdaqCM:HYFT Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Apr 2616-15195
31 Jan 2628-12215
31 Oct 2527-30205
31 Jul 2525-30205
30 Apr 2511-33164
31 Jan 2514-47175
31 Oct 2418-28185
31 Jul 2421-27185
30 Apr 2410-29154
31 Jan 2424-14184
31 Oct 2323-16184
31 Jul 2322-21189
30 Apr 2321-271814
31 Jan 2320-261915
31 Oct 2220-251915
31 Jul 2219-231813
30 Apr 2219-17188
31 Jan 2219-17177
31 Oct 2119-15165
31 Jul 2119-10153
30 Apr 2118-7132
31 Jan 2117-3121
31 Oct 2017-3101
31 Jul 2015-391
30 Apr 2014-590
31 Jan 2013-891
31 Oct 1911-891
31 Jul 1911-991
30 Apr 1911-890
31 Jan 1910-691
31 Oct 189-690
31 Jul 188-580
30 Apr 185-561
31 Jan 184-451
31 Oct 173-741
31 Jul 172-621
30 Apr 173-521
31 Jan 173-410
31 Oct 163110
31 Jul 162010
30 Apr 162010

Quality Earnings: HYFT is currently unprofitable.

Growing Profit Margin: HYFT is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HYFT is unprofitable, and losses have increased over the past 5 years at a rate of 12.6% per year.

Accelerating Growth: Unable to compare HYFT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HYFT is unprofitable, making it difficult to compare its past year earnings growth to the Life Sciences industry (9.6%).


Return on Equity

High ROE: HYFT has a negative Return on Equity (-128.54%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 03:39
End of Day Share Price 2026/09/11 00:00
Earnings2026/04/30
Annual Earnings2026/04/30

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

MindWalk Holdings Corp. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tania Armstrong-WhitworthATB Cormark Historical (Cormark Securities)
Swayampakula RamakanthH.C. Wainwright & Co.
Debanjana ChatterjeeJonesTrading Institutional Services, LLC

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide