ThreeD Capital (IDK) AI Stock Analysis

• Market Cap: C$8.01M
• Dividend Yield: N/A
• Average Volume (3M): 143.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.70
• Revenue Growth: 53.55%
• EPS Growth: -289.42%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.03
• Shares Outstanding: 94,287,636
• 10 Day Avg. Volume: 129,169
• 30 Day Avg. Volume: 143,677
• PEG Ratio: <0.01
• Price to Book (P/B): 0.18
• Price to Sales (P/S): -0.84
• P/FCF Ratio: -0.40
• 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: 51 Neutral
• Price Target: C$0.09 ▲(50.00% Upside)

The score is held back primarily by weak and volatile financial performance (TTM losses and negative cash flow), despite a low-debt balance sheet. Technical momentum is currently constructive, and valuation is difficult to support with a negative P/E and no dividend yield provided.

Positive Factors

Low leverage / strong balance sheet

Very low leverage gives durable financial flexibility: the company can absorb portfolio volatility, fund selective follow-on investments, and withstand temporary valuation-driven losses without urgent refinancing. This structural solidity supports long-term option value for an investment vehicle.

Focused investment mandate in innovation sectors

A clear, repeatable mandate targeting early and growth-stage innovation firms aligns with structural long-term growth in tech and emerging industries. This specialization helps source asymmetric upside from high-growth outcomes and builds sector expertise that can improve deal selection over time.

Value creation via realized/unrealized gains & strategic outcomes

The business model generates returns through equity appreciation and strategic liquidity events, enabling meaningful value creation without operating overhead. Over months, successful exits or financings can materially boost NAV, making upside asymmetric and durable if portfolio companies progress.

Negative Factors

Large TTM net loss and volatile earnings

A substantial recent net loss and extreme year-to-year swings indicate earnings are driven by valuation moves rather than steady income. This persistent volatility erodes investor capital, complicates planning, and raises the bar for consistent risk-adjusted returns over the medium term.

Negative operating and free cash flow

Sustained cash outflows reduce the firm's ability to fund investments organically and increase reliance on balance-sheet reserves or external capital. Over months, negative operating cash flow can force dilutive financings or constrain opportunistic follow-ons, limiting long-term return generation.

Meaningful equity erosion reduces capital buffer

A sharp drop in shareholders' equity cuts the cushion available against future losses and reduces leverage capacity for new investments. If losses persist, the shrinking capital base can limit strategic flexibility, increase fundraising frequency, and heighten downside risk over the medium term.

ThreeD Capital Business Overview & Revenue Model

Company Description

ThreeD Capital Inc., formerly known as Brownstone Energy Inc., is a venture capital firm specializing in seed, early stage and growth capital opportunistic investments. The firm seeks to invest in technology; biotechnology; renewable technology, Nanotechnology, Electric Vehicles,Internet of things, electronic sports, junior resources with an emphasis on the precious-metal and battery-metal sectors; artificial intelligence with a focus on disruptive data science technologies, machine learning, and neuro networks; and blockchain sectors with a focus on blockchain assets. ThreeD Capital Inc. was founded in 1987 and is based in Toronto, Canada.

How the Company Makes Money

ThreeD Capital makes money primarily through equity investments in early-stage companies. By acquiring stakes in promising startups, the firm benefits from the appreciation of these investments as the companies grow. Revenue is generated through capital gains realized during exit events such as IPOs or acquisitions. Additionally, ThreeD Capital may earn returns from dividends, interest, or management fees associated with managing investment portfolios. Strategic partnerships with other investors or firms can also enhance their investment opportunities and returns.

ThreeD Capital Financial Statement Overview

Summary

Financials are weak and highly volatile: the income statement shows a large TTM net loss and sharply lower revenue versus prior periods, and cash flow is negative with TTM operating cash flow/free cash flow outflows. The balance sheet is a relative strength with very low leverage, but equity has declined meaningfully and losses imply ongoing capital erosion risk if performance doesn’t improve.

Income Statement

Results are highly volatile and currently weak. TTM (Trailing-Twelve-Months) shows a large net loss (about -$20.6M) and revenue declined sharply (around -414% growth), following a profitable FY2024 (about +$4.0M net income) and a large loss in FY2023. Profitability has been inconsistent year-to-year, indicating earnings are heavily dependent on market/valuation outcomes rather than stable operating performance.

Balance Sheet

Balance sheet is a clear strength: leverage is very low (TTM debt-to-equity ~0.01), with modest total debt (~$0.34M) versus equity (~$28.8M). However, equity has declined from prior years (e.g., ~ $44.7M in FY2024 to ~$28.8M TTM), and returns on equity are negative in TTM due to losses, which signals capital erosion risk if weak performance persists.

Cash Flow

Cash generation is currently pressured. TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both negative (about -$2.5M), a deterioration versus FY2024 positive free cash flow (~$0.66M). While free cash flow growth is listed as positive in TTM, the business still shows outflows and uneven cash conversion across periods, increasing reliance on balance-sheet strength to absorb volatility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	-5.74M	-6.52M	-5.25M	-9.06M	470.22K	39.95M
Gross Profit	-5.85M	-15.14M	-5.34M	-9.09M	384.32K	39.83M
EBITDA	-20.50M	-18.75M	4.14M	-12.17M	-3.61M	34.80M
Net Income	-20.58M	-18.85M	4.02M	-12.29M	-3.74M	34.66M
Balance Sheet
Total Assets	29.66M	31.43M	56.17M	40.35M	51.48M	56.64M
Cash, Cash Equivalents and Short-Term Investments	62.34K	5.29K	482.15K	4.55K	394.41K	205.43K
Total Debt	337.01K	359.38K	441.03K	48.18K	173.99K	294.32K
Total Liabilities	899.98K	977.78K	11.46M	662.42K	571.70K	2.77M
Stockholders Equity	28.76M	30.45M	44.72M	39.69M	50.91M	53.87M
Cash Flow
Free Cash Flow	-2.49M	-13.70M	658.57K	-598.09K	1.57M	-4.08M
Operating Cash Flow	-2.49M	-13.70M	658.57K	-598.09K	1.57M	-4.07M
Investing Cash Flow	-1.83M	9.56M	0.00	0.00	-5.45K	-7.40K
Financing Cash Flow	4.26M	3.66M	-180.38K	208.71K	-1.38M	4.21M

ThreeD Capital Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IDK, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.19 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:IDK.

ThreeD Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ZC	67 Neutral	C$8.62M	0.55	75.06%	―	486.23%	478.94%
AAB	56 Neutral	C$4.02M	-0.35	-178.43%	―	82.65%	-70.88%
PXI	55 Neutral	C$43.89M	51.19	7.59%	―	-54.44%	-78.24%
IDK	51 Neutral	C$8.01M	-0.30	-55.73%	―	53.55%	-289.42%
QCA	48 Neutral	C$4.68M	-1.08	-37.19%	―	26.42%	-1217.14%
BLGV	42 Neutral	C$3.44M	-0.59	-226.11%	―	19.82%	-51.61%

ThreeD Capital Corporate Events

ThreeD Capital Amends Related-Party Loan to CEO

ThreeD Capital Inc. has amended a loan agreement with its chief executive officer, Sheldon Inwentash, under which the company will lend him $1,215,769 at an annual interest rate of 5%, unsecured and maturing on December 31, 2026. Classified as a related-party transaction under Canadian securities rules, the deal falls below the 25% market capitalization threshold that would trigger a formal valuation and minority shareholder approval, and remains subject to Canadian Securities Exchange approval, highlighting the firm’s continued use of exemptive relief in managing internal financing arrangements.

ThreeD Capital Reports Quarterly Losses Amidst Strategic Digital Asset Investments

ThreeD Capital Inc. reported its unaudited quarterly results for the three months ending September 30, 2025, revealing a decrease in net asset value per share from $0.40 to $0.31. The company experienced net investment and digital asset losses of $1.95 million, contributing to a total comprehensive loss of $2.83 million for the period. Despite these losses, ThreeD Capital remains optimistic about its strategic investments in digital assets, which have shown an increase in value, suggesting potential future benefits for the company.