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ImagineAR
(IP)
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Rating:41Neutral
Price Target:
C$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/02/26
The score is driven primarily by very weak financial performance: revenue is 0 in TTM, margins are structurally negative, and losses persist alongside negative equity and a shrinking asset base. Valuation is also constrained by a negative P/E and no dividend yield, while technical analysis could not be meaningfully assessed due to missing indicators.
Positive Factors
Improving cash burn
Operating cash flow has meaningfully improved versus earlier years, indicating tighter cost control and a reduced cash burn rate. That improvement lengthens runway and gives management more time to execute a commercial recovery or raise capital on less dilutive terms if revenue traction returns.
Negative Factors
Revenue collapsed to zero
Annualized revenue falling to zero is a fundamental commercial failure that undermines the business model and eliminates internal funding for operations. Without meaningful recurring sales, the company cannot scale its platform, forcing reliance on external capital and raising solvency risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash burn
Operating cash flow has meaningfully improved versus earlier years, indicating tighter cost control and a reduced cash burn rate. That improvement lengthens runway and gives management more time to execute a commercial recovery or raise capital on less dilutive terms if revenue traction returns.
Read all positive factors
ImagineAR (IP) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.75M
Dividend YieldN/A
Average Volume (3M)263.98K
Price to Earnings (P/E)―
Beta (1Y)1.06
Revenue Growth-100.00%
EPS Growth49.11%
CountryCA
Employees5
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding349,487,700
10 Day Avg. Volume136,997
30 Day Avg. Volume263,979
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)-3.52
Price to Sales (P/S)373.06
P/FCF Ratio-7.71
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
ImagineAR Business Overview & Revenue Model
Company Description
ImagineAR Inc., established in 2011 and based in Vancouver, Canada, offers an advanced augmented reality (AR) platform. This innovative solution empowers companies, professional sports teams, and various other organizations to effortlessly concept...
How the Company Makes Money
ImagineAR primarily generates revenue by licensing and selling access to its AR platform and related software/services to customers that want to deploy AR experiences. Key revenue streams include: (1) SaaS/licensing fees for use of its AR creation...
ImagineAR Financial Statement Overview
Summary
Income Statement
7
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 22.50K | 45.31K | 192.66K | 61.35K | 353.77K |
| Gross Profit | -486.82K | -1.58M | -1.12M | -497.00K | -73.69K | -3.19M |
| EBITDA | -1.66M | -2.77M | -2.15M | -1.77M | -4.04M | -6.08M |
| Net Income | -1.66M | -2.84M | -2.16M | -1.79M | -4.07M | -6.11M |
Balance Sheet | ||||||
| Total Assets | 165.97K | 428.58K | 153.46K | 209.43K | 643.13K | 4.33M |
| Cash, Cash Equivalents and Short-Term Investments | 11.12K | 119.05K | 101.90K | 110.75K | 481.24K | 4.21M |
| Total Debt | 390.46K | 346.16K | 0.00 | 40.00K | 62.27K | 47.90K |
| Total Liabilities | 3.70M | 2.81M | 1.65M | 1.07M | 602.24K | 479.76K |
| Stockholders Equity | -3.53M | -2.38M | -1.50M | -858.89K | 40.89K | 3.85M |
Cash Flow | ||||||
| Free Cash Flow | -661.92K | -1.09M | -868.33K | -791.48K | -3.73M | -3.36M |
| Operating Cash Flow | -661.92K | -1.09M | -868.33K | -791.48K | -3.71M | -3.36M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -4.88K | -36.88K | -11.21K |
| Financing Cash Flow | 356.26K | 1.11M | 859.48K | 425.88K | 20.00K | 2.92M |
ImagineAR Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | C$125.17M | 84.38 | 1.68% | ― | 15.99% | ― | |
42 Neutral | C$34.07M | -2.39 | 487.50% | ― | 1.96% | -60.29% | |
41 Neutral | C$1.75M | -0.98 | 88.94% | ― | -100.00% | 49.11% | |
41 Neutral | C$22.86M | -1.15 | -880.19% | ― | -8.40% | 8.07% |
* Technology Sector Average
TSE:IP
ImagineAR
0.01
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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.