ReGen III Corp (GIII) AI Stock Analysis

• Market Cap: C$27.58M
• Dividend Yield: N/A
• Average Volume (3M): 71.35K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: N/A
• EPS Growth: 44.93%
• Country: CA
• Employees: 7
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): -0.01
• Shares Outstanding: 134,534,820
• 10 Day Avg. Volume: 88,724
• 30 Day Avg. Volume: 71,351
• PEG Ratio: 0.39
• Price to Book (P/B): -11.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.67
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$0.20 ▲(27.50% Upside)

The score is held down primarily by very weak financial performance (no revenue, ongoing losses and cash burn, and negative equity indicating elevated liquidity/balance-sheet risk). Technicals are a meaningful offset with bullish price positioning above moving averages and positive MACD, while valuation remains unattractive/unclear due to losses (negative P/E) and no dividend support.

Positive Factors

Improving cash burn

A reduction in trailing‑12‑month cash burn represents a durable operational improvement, easing immediate refinancing pressure and extending runway. If sustained, it increases the company’s ability to execute restructuring or business development initiatives over the next several months.

Free cash flow growth momentum

Strong TTM free cash flow growth, even from a negative base, indicates improving cash generation dynamics and operational discipline. This trend, if maintained, materially improves flexibility to fund operations or strategic moves without immediate reliance on dilutive external financing.

Stable debt levels

Debt stability versus the prior year reduces the risk of an abrupt liquidity shock and preserves options for negotiated refinancing. For a distressed balance sheet, lack of sharp debt growth is a constructive structural sign while turnaround efforts progress.

Negative Factors

No reported revenue

Persistent zero revenue is a fundamental constraint: without operating sales there is no path to sustainable gross margins or internal cash generation. Long‑term viability depends on new revenue streams or financing, making business continuity contingent on structural change or capital raises.

Negative equity and high leverage

Negative equity and outsized debt relative to a tiny asset base undermine financial flexibility and increase insolvency risk. This structural weakness constrains borrowing options, raises refinancing costs, and elevates the probability of forced recapitalization or creditor action absent fresh capital.

Persistent losses and negative cash flow

Ongoing net losses and negative operating cash flow signal continuous cash burn that will erode reserves over time. Structurally, this limits the company’s ability to invest, hire, or scale, and makes its strategy reliant on external funding rounds or cost restructuring to remain viable.

ReGen III Corp Business Overview & Revenue Model

Company Description

ReGen III Corp., a cleantech recycling company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp. in May 2021. ReGen III Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

ReGen III Corp generates revenue primarily through the sale of high-quality re-refined base oils. The company employs a closed-loop process that collects used motor oil and re-refines it into valuable base oils, which are then sold to manufacturers of lubricants and other related products. This revenue model is supported by strategic partnerships with oil collection companies, lubricant manufacturers, and distributors who help ensure a steady supply of used oil and a market for the re-refined products. The company's earnings are further influenced by factors such as the demand for sustainable and environmentally friendly products, oil price fluctuations, and regulatory incentives for recycling and waste reduction.

ReGen III Corp Financial Statement Overview

Summary

ReGen III Corp is experiencing severe financial distress, indicated by zero revenue, negative profitability margins, high leverage, and negative cash flows. The financial health is critically weak due to reliance on financing activities and negative equity.

Income Statement

ReGen III Corp has consistently reported zero revenue across all periods, which is a significant concern. The company shows negative gross profit, EBIT, and net income, indicating ongoing operational losses and inefficiencies. The lack of revenue growth and negative margins severely impact the overall financial health of the company.

Balance Sheet

The company has a highly leveraged balance sheet with total debt greatly exceeding stockholders' equity, resulting in a negative equity. The debt-to-equity ratio is unfavorable, and the negative equity ratio indicates potential risks related to financial instability. The return on equity cannot be calculated due to negative equity, further highlighting financial distress.

Cash Flow

ReGen III Corp's cash flow situation is concerning with consistently negative operating and free cash flows. The company relies heavily on financing activities to sustain operations. The operating cash flow to net income ratio is negative, indicating that cash outflows exceed losses reported in the income statement, suggesting cash burn issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-5.50K	-55.04K	-104.06K	-136.27K	-381.77K	-667.87K
EBITDA	-3.21M	-3.19M	-5.34M	-12.28M	-9.50M	-2.09M
Net Income	-3.07M	-3.74M	-5.65M	-12.38M	-5.64M	-6.42M
Balance Sheet
Total Assets	518.30K	649.05K	2.68M	1.23M	8.51M	11.30M
Cash, Cash Equivalents and Short-Term Investments	229.43K	354.24K	2.26M	718.40K	7.73M	1.36M
Total Debt	4.25M	4.06M	2.92M	377.67K	496.44K	14.37M
Total Liabilities	5.10M	5.02M	4.61M	2.20M	1.21M	15.47M
Stockholders Equity	-4.58M	-4.37M	-1.93M	-971.08K	7.30M	-4.17M
Cash Flow
Free Cash Flow	-2.81M	-3.69M	-4.25M	-9.58M	-6.80M	-1.65M
Operating Cash Flow	-2.81M	-3.69M	-4.25M	-9.58M	-6.80M	-1.65M
Investing Cash Flow	136.88K	191.94K	104.64K	0.00	0.00	23.94K
Financing Cash Flow	2.69M	1.63M	5.58M	2.56M	13.18M	2.25M

ReGen III Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GIII, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.65 is Neutral, neither overbought nor oversold. The STOCH value of 89.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GIII.

ReGen III Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GIII	49 Neutral	C$27.58M	-8.58	―	―	―	44.93%
FOOD	46 Neutral	C$33.28M	-3.58	―	―	-20.91%	-109.64%
ODD	41 Neutral	C$4.92M	-2.18	―	―	-2.40%	9.13%

ReGen III Corp Corporate Events

ReGen III Completes Convertible Debenture Exchange to Strengthen Market Position

ReGen III Corp. has successfully completed its Convertible Debenture Exchange, exchanging $3,975,000 in old debentures for new ones, representing approximately 97.5% of the old debentures’ principal amount. This move is expected to enhance the company’s financial flexibility and strengthen its market position, as insiders participated significantly in the exchange, which constitutes a related party transaction under regulatory guidelines.

ReGen III Corp Eyes Strategic Growth in Data Center Cooling Market

ReGen III Corp has formed a special committee to explore strategic pathways in the rapidly growing data center and AI immersion cooling market, which is expected to expand significantly by 2030. The company’s patented process for producing circular, high-purity Group III base oils positions it well to capitalize on the increasing demand for sustainable and efficient cooling solutions, as traditional dielectric fluids face environmental scrutiny.

ReGen III Secures $3.975 Million to Boost Sustainable Oil Commercialization

ReGen III Corp. has received $3.975 million in settlement and exchange agreements related to its Convertible Debenture Exchange, indicating strong confidence from debenture holders in the company’s strategic direction. This financial boost is expected to accelerate ReGen III’s plans to commercialize its sustainable, re-refined Group III base oils, further strengthening its position in the clean technology industry.

ReGen III Corp. Announces Strategic Debenture Refinancing

ReGen III Corp. has announced a refinancing initiative involving a cashless exchange offer for its Series 1 and 2 Convertible Debentures, extending their maturity by up to two years. This move, supported by 95% of debenture holders, including all insiders, is part of the company’s financing strategy to advance agreements with offtake parties and strategic partners, positioning ReGen III to strengthen its market presence and operational capabilities.