Emerge’s truLOCAL Marks 10 Years as Flagship Growth Engine and M&A Platform

Emerge Commerce Ltd ( (TSE:ECOM) ) has issued an announcement.

Emerge Commerce has issued a corporate update highlighting the performance of truLOCAL as the brand marks its 10th anniversary, underscoring its role as the company’s largest revenue contributor in 2025 year-to-date and a core asset in its grocery vertical. TruLOCAL has delivered two consecutive years of organic revenue growth, is on track to roughly double adjusted EBITDA in 2025 through improved marketing efficiency and overhead controls, and is focusing on further gross margin expansion, supported by strong unit economics including a customer lifetime value near $2,000 against acquisition costs of $100–$175 and a rising average order value. Management positions truLOCAL as a platform for tuck-in acquisitions in the Canadian D2C food-tech and “healthy/local” grocery space, targeting only cash-flow-positive assets, while also emphasizing its community impact over a decade, with more than 70,100 Canadian customers served, over 100 farmer and producer partnerships, and more than 511,000 subscription boxes delivered nationwide. To capitalize on the anniversary and drive new customer referrals, truLOCAL has launched a promotional contest offering subscribers a chance to win a year of free meat, which could further strengthen customer acquisition and brand loyalty within the competitive subscription grocery market.

The most recent analyst rating on (TSE:ECOM) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Emerge Commerce Ltd stock, see the TSE:ECOM Stock Forecast page.

Spark’s Take on TSE:ECOM Stock

According to Spark, TipRanks’ AI Analyst, TSE:ECOM is a Neutral.

The overall stock score for Emerge Commerce Ltd is driven primarily by its technical analysis, which indicates positive momentum. However, financial performance is a concern due to low profitability and financial instability. The valuation is also relatively high, which could deter value investors.

To see Spark’s full report on TSE:ECOM stock, click here.

More about Emerge Commerce Ltd

Emerge Commerce Ltd. is a Toronto-based e-commerce and omni-channel portfolio company focused on premium subscription, marketplace and retail brands across grocery and golf. Its flagship brand, truLOCAL, is a Canadian direct-to-consumer meat and seafood subscription service connecting local farmers and small producers with health-conscious consumers, complemented by golf-focused brands UnderPar, JustGolfStuff and Tee 2 Green offering discounted tee times, apparel and equipment.

Average Trading Volume: 303,098

Technical Sentiment Signal: Buy

Current Market Cap: C$17.94M

For detailed information about ECOM stock, go to TipRanks’ Stock Analysis page.