ThreeD Capital (IDK) AI Stock Analysis

• Market Cap: C$8.49M
• Dividend Yield: N/A
• Average Volume (3M): 143.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.73
• Revenue Growth: 53.55%
• EPS Growth: -289.42%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.04
• 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)
• Action: Reiterated Date: 01/17/26
• Date: Action: Reiterated 01/17/26

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 resilience: the company can absorb investment volatility, fund follow-on positions or cover short-term outflows without urgent refinancing, and maintain strategic flexibility to time exits across market cycles.

Asset-Light Investment Model

A pure investment company structure is asset-light and scalable, enabling concentrated equity and warrant positions in high-growth sectors without operating overhead. That model preserves capital for deployments and allows portfolio rebalancing to capture structural opportunities.

Upside Optionality from Investments

Reliance on realized and unrealized gains provides asymmetric upside: successful financings or liquidity events among portfolio companies can generate outsized returns. This structural payoff profile supports durable value creation even if outcomes are lumpy over months.

Negative Factors

Large TTM Net Losses

A substantial TTM net loss indicates earnings are currently negative and highly volatile. Persistent losses erode equity and reduce reinvestment capacity, increasing the chance management must crystallize losses or limit new investments to preserve capital.

Negative Operating and Free Cash Flow

Negative operating and free cash flow means the firm cannot rely on internal cash generation to fund operations or new investments. That raises structural reliance on raising capital or selling assets, increasing liquidity risk and potential dilution over time.

Declining Shareholders' Equity

A meaningful drop in equity shrinks the balance-sheet cushion available against future investment losses. Lower equity limits capacity for follow-on funding, raises likelihood of capital raises or dilution, and reduces flexibility to absorb continued volatility.

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

ThreeD Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. 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 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.48 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 Positive 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$10.23M	0.47	75.06%	―	486.23%	478.94%
AAB	56 Neutral	C$4.82M	-0.42	-178.43%	―	82.65%	-70.88%
PXI	53 Neutral	C$57.78M	35.71	7.59%	―	-54.44%	-78.24%
IDK	51 Neutral	C$8.49M	-0.32	-55.73%	―	53.55%	-289.42%
QCA	48 Neutral	C$4.21M	-0.98	-37.19%	―	26.42%	-1217.14%
BLGV	42 Neutral	C$4.13M	-0.71	-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.