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): 1.71
• 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: 49 Neutral
• Price Target: C$0.09 ▲(41.67% Upside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is held back primarily by weak and volatile financial performance (recent large losses and negative cash flow), partially offset by a low-leverage balance sheet. Technical indicators add moderate support due to positive momentum and price above key moving averages, while valuation is constrained by a negative P/E and no dividend yield data.

Positive Factors

Low leverage balance sheet

Extremely low debt relative to equity gives ThreeD durable financial flexibility. With minimal leverage the company can better withstand portfolio drawdowns, avoid high interest burdens, and fund or hold investments through cycles, supporting stability over the next several months.

Investment-driven business model

ThreeD's asset-management model captures upside via realized/unrealized gains, distributions, and value creation from financings or exits. That structure creates asymmetric return potential from early-stage stakes and lets the firm compound value without operating-product exposure.

Prior profitable years show potential

Recording profits in 2021 and 2024 demonstrates the firm can realize meaningful investment gains. Those episodic profitable outcomes indicate management has executed successful exits or revaluations before, implying repeatable channels to restore earnings when portfolio conditions improve.

Negative Factors

Recent large losses and negative revenue

Substantial trailing losses and negative revenue over the last twelve months reflect weak portfolio performance or valuation writedowns. Persistent losses erode net asset value, constrain reinvestment capacity, and increase the likelihood of capital raises or asset sales over the medium term.

Weak cash generation

Negative operating and free cash flow and a very large 2025 outflow reduce financial runway and increase reliance on external financing. Poor cash generation limits the firm's ability to support portfolio companies or seize opportunities without dilutive funding, raising medium-term execution risk.

Shrinking equity and very negative ROE

Declining shareholders' equity combined with roughly -70% ROE signals capital destruction from recent investment outcomes. Persistent negative returns undermine investor confidence, hamper fundraising ability, and reduce strategic optionality to pursue growth or support holdings going forward.

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

Overall financial quality is weak. Income performance is highly volatile with TTM negative revenue (-$4.6M) and a large net loss (-$21.9M). Cash flow is also pressured with negative TTM operating cash flow/free cash flow (~-$2.7M). The main offset is a strong balance sheet with very low leverage (debt-to-equity ~0.02), but equity has been shrinking and ROE is sharply negative in TTM.

Income Statement

Income performance is weak and volatile. TTM (Trailing-Twelve-Months) shows deeply negative revenue (-$4.6M) and a large net loss (-$21.9M), with revenue also declining (-19.2% growth). While the company posted a strong profit year in 2021 and a profit again in 2024, results swung back to sizable losses in 2025, indicating limited earnings stability and poor recent profitability trajectory.

Balance Sheet

The balance sheet is a relative strength due to very low leverage. Total debt is modest ($0.63M TTM) versus equity of ~$25.3M, keeping debt-to-equity extremely low (~0.02). However, equity has decreased versus prior years and returns on equity are sharply negative in TTM (about -70%), reflecting that capital is currently not being translated into profits.

Cash Flow

Cash generation is pressured. TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both negative (~-$2.7M), following a very large cash outflow in 2025 annual (~-$13.7M). There are periods of positive cash flow (notably 2022 and 2024), but the overall pattern is inconsistent, and recent negative cash flow raises funding and sustainability risk if losses persist.

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	-4.64M	-6.52M	-5.25M	-9.06M	470.22K	39.95M
Gross Profit	-4.82M	-15.14M	-5.34M	-9.09M	384.32K	39.83M
EBITDA	-21.79M	-18.75M	4.14M	-12.17M	-3.61M	34.80M
Net Income	-21.88M	-18.85M	4.02M	-12.29M	-3.74M	34.66M
Balance Sheet
Total Assets	25.86M	31.43M	56.17M	40.35M	51.48M	56.64M
Cash, Cash Equivalents and Short-Term Investments	6.29K	5.29K	482.15K	4.55K	394.41K	205.43K
Total Debt	627.61K	359.38K	441.03K	48.18K	173.99K	294.32K
Total Liabilities	559.51K	977.78K	11.46M	662.42K	571.70K	2.77M
Stockholders Equity	25.30M	30.45M	44.72M	39.69M	50.91M	53.87M
Cash Flow
Free Cash Flow	-2.70M	-13.70M	658.57K	-598.09K	1.57M	-4.08M
Operating Cash Flow	-2.70M	-13.70M	658.57K	-598.09K	1.57M	-4.07M
Investing Cash Flow	-1.02M	9.56M	0.00	0.00	-5.45K	-7.40K
Financing Cash Flow	3.57M	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: Positive
• 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 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.47 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$10.05M	0.48	75.06%	―	486.23%	478.94%
AAB	56 Neutral	C$4.02M	-0.35	-178.43%	―	82.65%	-70.88%
PXI	53 Neutral	C$46.38M	-8.33	7.59%	―	-54.44%	-78.24%
IDK	49 Neutral	C$8.01M	-0.30	-55.73%	―	53.55%	-289.42%
QCA	48 Neutral	C$4.21M	-0.98	-37.19%	―	26.42%	-1217.14%
BLGV	42 Neutral	C$4.82M	-0.83	-226.11%	―	19.82%	-51.61%

ThreeD Capital Corporate Events

ThreeD Capital Expands Portfolio Company Exposure Through New YouTube Interviews

ThreeD Capital has expanded the content on its YouTube channel by uploading recent interviews with several of its portfolio companies, including AI/ML Innovation Inc., Neurable Inc., Hypercycle and TODAQ Micro Inc. The firm plans additional interviews in the coming weeks with other holdings, notably Forte Minerals Corp., a Canadian exploration company with copper and gold assets in Peru.

The initiative highlights ThreeD Capital’s efforts to showcase its investee companies and provide investors with more visibility into its portfolio and their operational developments. Management emphasized that the featured firms represent only a portion of its holdings and that positions in these companies may be adjusted over time in line with market conditions and investment objectives.

The most recent analyst rating on (TSE:IDK) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on ThreeD Capital stock, see the TSE:IDK Stock Forecast page.

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.