Armada Mercantile Ltd (TSE:ARM)
:ARM
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Armada Mercantile
(ARM)
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Rating:44Neutral
Price Target:
C$0.29
▲(11.92% Upside)
Action:ReiteratedDate:03/24/26
The score is weighed down primarily by deteriorating fundamentals (swing to significant losses, falling revenue, and negative operating/free cash flow), with only partial support from low balance-sheet leverage. Technicals show short-term strength (price above key moving averages and positive MACD) but are overextended (high RSI/stochastic), while valuation is unattractive/unclear due to negative earnings and no dividend yield.
Positive Factors
Low Financial Leverage
A very low debt load is a durable financial strength: it reduces bankruptcy risk, preserves borrowing capacity, and gives management flexibility to weather prolonged revenue weakness or fund restructuring without immediate refinancing pressure. This structural buffer supports survival and option value during recovery.
Negative Factors
Revenue Collapse
A sharp, sustained drop to effectively no trailing revenue is a fundamental red flag: it erodes scalability, undermines fixed-cost coverage, and weakens competitive position over time. Recovery requires either regaining lost customers or launching new revenue streams, both of which are resource- and time-intensive.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
A very low debt load is a durable financial strength: it reduces bankruptcy risk, preserves borrowing capacity, and gives management flexibility to weather prolonged revenue weakness or fund restructuring without immediate refinancing pressure. This structural buffer supports survival and option value during recovery.
Read all positive factors
Armada Mercantile (ARM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.15M
Dividend YieldN/A
Average Volume (3M)870.00
Price to Earnings (P/E)―
Beta (1Y)-1.93
Revenue Growth-50.48%
EPS Growth-40083.33%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.00
Shares Outstanding21,007,845
10 Day Avg. Volume2,440
30 Day Avg. Volume870
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)4.11
Price to Sales (P/S)41.58
P/FCF Ratio-123.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Armada Mercantile Business Overview & Revenue Model
Company Description
Armada Mercantile Ltd., a financial services company, provides merchant banking services worldwide. The company provides specialized merchant banking, broker-dealer, venture lending, and corporate finance services, as well as advises clients on co...
Armada Mercantile Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
22
Negative
| Breakdown | TTM | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 159.42K | 206.57K | 402.54K | 311.61K | 0.00 |
| Gross Profit | 14.81K | -2.59K | 206.57K | 401.90K | 310.82K | -7.83K |
| EBITDA | -5.06M | -5.03M | -18.30K | 268.95K | 74.20K | 5.54M |
| Net Income | -5.06M | -5.03M | -15.93K | 242.45K | 49.16K | 5.53M |
Balance Sheet | ||||||
| Total Assets | 1.65M | 1.65M | 6.35M | 6.38M | 5.64M | 5.56M |
| Cash, Cash Equivalents and Short-Term Investments | 844.68K | 843.40K | 5.86M | 5.82M | 5.63M | 5.56M |
| Total Debt | 7.15K | 7.15K | 7.15K | 7.15K | 7.15K | 8.70K |
| Total Liabilities | 58.17K | 37.22K | 516.25K | 528.66K | 120.34K | 102.42K |
| Stockholders Equity | 1.60M | 1.61M | 5.83M | 5.85M | 5.52M | 5.46M |
Cash Flow | ||||||
| Free Cash Flow | -106.16K | -53.65K | 285.70K | 671.76K | 99.49K | 93.88K |
| Operating Cash Flow | -106.17K | -53.65K | 285.70K | 671.76K | 99.49K | 93.88K |
| Investing Cash Flow | -399.60K | -316.39K | -346.37K | -366.55K | 0.00 | -2.57K |
| Financing Cash Flow | 64.62K | 356.01K | 102.22K | -108.49K | -25.40K | 26.01K |
Armada Mercantile Technical Analysis
Positive
0.26
Price Trends
0.25
Positive
0.28
Positive
0.30
Negative
Market Momentum
<0.01
Negative
76.72
Negative
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ARM, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.25, and below the 200-day MA of 0.30, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 76.72 is Negative, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ARM.
Armada Mercantile Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
51 Neutral | C$1.93M | -20.49 | 3.27% | ― | ― | ― | |
50 Neutral | C$8.19M | -12.02 | -277.20% | ― | ― | -15.07% | |
48 Neutral | C$3.21M | -1.60 | 103.61% | ― | ― | ― | |
44 Neutral | C$5.15M | -211.57 | -130.70% | ― | -50.48% | -40083.33% | |
42 Neutral | C$4.97M | -9.98 | -27.43% | ― | -30.56% | -189.35% | |
40 Underperform | C$2.36M | -1.21 | ― | ― | ― | ― |
* Financial Sector Average
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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.