Ameritrust Financial Technologies (TSE:AMT)
:AMT
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Ameritrust Financial Technologies
(AMT)
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Rating:40Underperform
Price Target:
C$0.06
▲(24.00% Upside)
Action:DowngradedDate:02/04/26
The score is driven primarily by weak financial performance—shrinking revenue, ongoing losses, and persistent cash burn—despite some recent balance sheet improvement. Technicals are mixed (short-term strength but below the 200-day average and negative MACD), and valuation is not supportive given negative earnings and no dividend yield.
Positive Factors
Manageable leverage (recent)
Recent balance sheet metrics show debt modest relative to equity, reducing near-term refinancing pressure and giving management more optionality to fund operations or invest. Durable lower leverage improves resilience against cyclical revenue swings and limits forced capital raises over months.
Negative Factors
Multi-year revenue decline
Sustained multi-year revenue contraction undermines market position and makes fixed-cost absorption harder, lengthening the timeline to durable profitability. Continued top-line shrinkage raises the probability that operating leverage fails to materialize and that scale advantages erode.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage (recent)
Recent balance sheet metrics show debt modest relative to equity, reducing near-term refinancing pressure and giving management more optionality to fund operations or invest. Durable lower leverage improves resilience against cyclical revenue swings and limits forced capital raises over months.
Read all positive factors
Ameritrust Financial Technologies (AMT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$50.34M
Dividend YieldN/A
Average Volume (3M)239.95K
Price to Earnings (P/E)―
Beta (1Y)1.46
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees14
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,006,774,500
10 Day Avg. Volume314,217
30 Day Avg. Volume239,952
Financial Highlights & Ratios
PEG Ratio-0.10
Price to Book (P/B)12.47
Price to Sales (P/S)32.43
P/FCF Ratio-14.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.19Price Target Upside289.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ameritrust Financial Technologies Business Overview & Revenue Model
Company Description
AmeriTrust Financial Technologies Inc. develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles in Canada. The company was formerly known as Powerband Solutions Inc. and changed its name t...
Ameritrust Financial Technologies Financial Statement Overview
Summary
Income Statement
27
Negative
Balance Sheet
46
Neutral
Cash Flow
14
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.71M | 2.16M | 2.87M | 12.26M | 23.94M | 3.03M |
| Gross Profit | 762.42K | 1.12M | 1.47M | 6.22M | 11.64M | 1.27M |
| EBITDA | 305.19K | 6.42M | -20.51M | -22.52M | -13.57M | -10.58M |
| Net Income | -197.67K | 6.17M | -20.76M | -27.30M | -14.96M | -9.97M |
Balance Sheet | ||||||
| Total Assets | 5.66M | 12.62M | 6.86M | 17.23M | 20.41M | 13.84M |
| Cash, Cash Equivalents and Short-Term Investments | 3.97M | 10.05M | 1.94M | 10.13M | 6.37M | 1.40M |
| Total Debt | 614.36K | 2.85M | 5.14M | 4.93M | 10.63M | 5.16M |
| Total Liabilities | 4.49M | 7.00M | 20.46M | 9.86M | 15.88M | 12.96M |
| Stockholders Equity | 1.17M | 5.62M | -12.02M | 7.97M | 3.88M | -697.66K |
Cash Flow | ||||||
| Free Cash Flow | -7.65M | -4.74M | -7.37M | -19.30M | -10.58M | -8.51M |
| Operating Cash Flow | -7.65M | -4.74M | -6.90M | -10.74M | -7.77M | -8.08M |
| Investing Cash Flow | 27.31K | 658.10K | -118.70K | -8.14M | -7.41M | -1.68M |
| Financing Cash Flow | 10.09M | 12.20M | -1.24M | 21.37M | 20.07M | 10.98M |
Ameritrust Financial Technologies Peers Comparison
UnderperformOutperform
Sector (61)
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Ameritrust Financial Technologies Corporate Events
Business Operations and StrategyPrivate Placements and Financing
AmeriTrust Steps Up U.S. Auto Finance Expansion With New Funding, Tech Platform and Dealer Growth
Positive
Mar 11, 2026
AmeriTrust Financial Technologies has strengthened its corporate foundation to scale its U.S. automotive finance platform, now actively originating and funding vehicle leases through AmeriTrust Financial. The unit has secured a revolving credit fa...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
AmeriTrust Raises $39.6 Million and Taps New CIO to Drive Automotive Lease Restart
Positive
Jan 15, 2026
AmeriTrust Financial Technologies has closed the second and final tranche of its brokered offering, raising an additional $3.37 million and bringing total gross proceeds to approximately $39.55 million, which will be used to restart lease originat...
Business Operations and StrategyPrivate Placements and Financing
AmeriTrust Raises $36.2 Million in First Tranche to Restart Auto Lease Originations
Positive
Dec 23, 2025
AmeriTrust Financial Technologies has closed the first tranche of its brokered financing, raising gross proceeds of $36.2 million through a combination of debenture units and equity “LIFE” units, each accompanied by common share purcha...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.