| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | — | — |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | -CAD 10.0M | — |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
No period carries revenue or net income, so there is no bridge to draw.
Cumulative operating cash flow over FY2020–FY2022 is -CAD 44.3M — not positive, so there is no operating-cash pool to allocate and no bridge is drawn. Lenders and other balance-sheet businesses routinely report negative operating cash flow (loan originations run through it); read the cash-flow statement directly below.
None of the three composites is computable for this filer — each needs two consecutive fiscal years of specific lines (COGS, PP&E, receivables), which many financials and asset-light names legitimately never tag. The trend below is what the store does serve.
| Quality trend | 2023 | Δ vs 2020 | Trend · 4y | vs own | vs sector |
|---|---|---|---|---|---|
| Return on Equity | −39.9% | — | p83 | p50 |
No composite. The three scores are not averaged into one “quality” number. They point in different directions (F is a 0–9 count, higher-better; Z is a distress distance, higher-safer; M is a manipulation screen, lower-cleaner) and were fitted on different samples for different questions — a blended figure would be ours, not theirs, and would hide exactly the disagreement that is worth reading.
Sector context. The percentile columns on the trend rows are the ones this payload serves: “vs own” ranks the latest value inside this company’s own served history, “vs sector” inside its sector pool. A blank sector cell means the pool was too thin to rank honestly (or the metric is a currency level, where a cross-currency rank would be meaningless) — never a filled-in guess. The three SCORES carry no sector percentile: the payload’s percentile block covers the served ratios only, so “is this Z good for Health Care?” is a question we cannot answer from what is served, and we don’t pretend to.
No score history. A 12-year F-Score / Z-Score strip is not drawn. The point-in-time factor store carries valuation, returns, margin, momentum and growth factors — not these composites — and recomputing them here from the annual columns would produce a series that disagrees with the headline above (different vintage of facts, different restatement handling). A score that disagrees with itself is a wrong number, so the history is omitted rather than approximated.
The nine named F-Score checks, the Merton distance-to-default / default probability, ROIIC and the growth-durability CAGRs live on FS · Financial Strength; the full ratio grid — every served ratio, with its own trend and both percentiles — is the Ratios section below.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ |
|---|---|---|---|---|
| R&D Expense | CAD 5.9M | CAD 10.9M | CAD 14.7M | CAD 9.3M |
| YoY % | +85.2% | +35.4% | -36.8% | |
| SG&A Expense | CAD 2.4M | CAD 6.5M | CAD 7.8M | CAD 7.0M |
| YoY % | +174.7% | +18.9% | -9.8% | |
| Total Operating Expenses | CAD 8.2M | CAD 17.4M | CAD 22.5M | CAD 16.3M |
| YoY % | +111.0% | +29.2% | -27.5% | |
| Pretax Income | -CAD 8.3M | -CAD 17.3M | -CAD 22.6M | -CAD 10.0M |
| Income Tax | CAD 0 | CAD 0 | CAD 0 | CAD 0 |
| Net Income (incl. NCI) | -CAD 8.3M | -CAD 17.3M | -CAD 22.6M | -CAD 10.0M |
| EPS (Basic) | -CAD 0.26 | -CAD 0.35 | -CAD 0.42 | -CAD 0.16 |
| Weighted Avg Shares (Basic) | 31.9M | 49.7M | 54.3M | 64.7M |
| YoY % | +55.7% | +9.3% | +19.2% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.