InsuraGuest Technologies (ISGI) AI Stock Analysis

• Market Cap: C$1.71M
• Dividend Yield: N/A
• Average Volume (3M): 82.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.23
• Revenue Growth: -6.02%
• EPS Growth: 30.91%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 170,533,830
• 10 Day Avg. Volume: 10,100
• 30 Day Avg. Volume: 82,266
• PEG Ratio: 0.12
• Price to Book (P/B): -17.95
• Price to Sales (P/S): 4.30
• P/FCF Ratio: -15.41
• 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: 43 Neutral
• Price Target: C$0.01 ▲(0.00% Upside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is held down primarily by weak financial quality—meaningful losses, ongoing cash burn, and negative equity—despite strong TTM revenue growth and solid gross margins. Technical indicators also point to bearish momentum (very low RSI, negative MACD, and price below longer-term averages). Valuation contributes only modestly because the negative P/E reflects losses and there is no dividend yield support.

Positive Factors

Strong revenue growth and healthy gross margin

Sustained ~40.6% TTM revenue growth paired with ~66.8% gross margin indicates durable unit economics and meaningful market traction. High gross margins provide leverage as revenue scales, improving the odds that fixed operating costs can be absorbed and profitability can be achieved over months.

Low absolute debt burden

With TTM total debt around $43k, near-term solvency risk from interest and principal obligations is limited. Low nominal leverage preserves strategic flexibility, enabling management to prioritize growth or restructuring without immediate debt-servicing pressure, a durable advantage over quarters.

Improving cash burn trend versus prior years

A materially smaller cash burn relative to prior years signals improving operational efficiency and better working-capital control. If this trend continues, it meaningfully extends runway and reduces near-term fundraising needs, supporting a more sustainable path to break-even over the medium term.

Negative Factors

Persistent operating losses and wide negative net margin

A ~-39.9% net margin and ongoing operating losses are structural constraints: they consume capital, prevent internal funding of growth, and require either sustained high revenue growth or meaningful cost cuts to reach breakeven. This pressure affects strategy and capital allocation over months.

Negative stockholders' equity weakens capital structure

Negative stockholders' equity reflects cumulative losses and reduces financial flexibility. It can limit borrowing capacity, increase reliance on dilutive equity financing, and constrain strategic options, creating a persistent headwind to restoring balance-sheet resilience over the coming quarters.

Operating and free cash flow remain negative

Concurrent negative operating and free cash flow (~-$124k TTM) shortens runway and forces dependence on external funding. Even with improved burn, persistent negative FCF limits reinvestment capacity and increases execution risk until sustainable positive cash generation is achieved.

InsuraGuest Technologies Business Overview & Revenue Model

Company Description

InsuraGuest Technologies Inc. operates as a software-as-a service based company. The company offers insurtech, a proprietary insurance and technology software that integrates with hotel and vacation rental property management systems to deliver digital insurance products. It also offers agency/broker software platform to insurance agents and brokers. The company was formerly known as Manado Gold Corp. and changed its name to InsuraGuest Technologies Inc. in February 2020. The company was incorporated in 2010 and is headquartered in Salt Lake City, Utah.

How the Company Makes Money

InsuraGuest Technologies makes money primarily through licensing its software solutions to hospitality providers such as hotels and vacation rental companies. The company generates revenue by charging fees for each guest stay that is covered under its insurance policies. This can include a per-stay fee or a subscription model depending on the agreement with the hospitality provider. Additionally, InsuraGuest may earn revenue through partnerships with insurance carriers, where it acts as a managing general agent, earning commissions or a share of premiums collected. These partnerships allow the company to offer and manage its insurance products effectively while capitalizing on the insurance carriers' underwriting capabilities.

InsuraGuest Technologies Financial Statement Overview

Summary

Despite strong TTM revenue growth (+40.6%) and healthy gross margin (~66.8%), the company remains deeply unprofitable (net margin ~-39.9%) with negative operating results. Cash flow is still negative (TTM operating cash flow and free cash flow ~-$124k), and the balance sheet carries a notable risk with negative stockholders’ equity, limiting financial flexibility even though absolute debt is low.

Income Statement

TTM (Trailing-Twelve-Months) revenue is growing strongly (+40.6%), and gross margin remains healthy (~66.8%), indicating solid unit economics. However, profitability is still meaningfully negative (net margin ~-39.9% and operating losses), showing the business has not yet scaled enough to cover operating costs. The annual results also show volatility in growth (2025 annual slightly down vs. prior year), reinforcing that the path to consistent profitability is still developing.

Balance Sheet

Leverage is low in absolute dollars (TTM total debt ~$43k), which reduces near-term debt risk. The key weakness is the capital structure: stockholders’ equity is negative in TTM (and also negative in some prior annual periods), which can limit financial flexibility and increase reliance on external funding. Assets increased versus some earlier periods, but the negative equity position is a notable balance-sheet risk.

Cash Flow

Cash generation remains weak, with TTM (Trailing-Twelve-Months) operating cash flow and free cash flow both negative (~-$124k), meaning the business is still consuming cash to operate. While cash burn has improved versus earlier years (materially less negative than 2021–2024), free cash flow growth is still negative in TTM, suggesting recent momentum on cash efficiency is not yet consistent. Overall, cash flow remains a key constraint until losses narrow further.

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Jun 2022	Sep 2021
Income Statement
Total Revenue	1.12M	793.73K	1.00M	674.78K	345.20K	97.86K
Gross Profit	748.66K	662.03K	559.91K	388.60K	248.96K	75.57K
EBITDA	-397.36K	-334.51K	-601.00K	-701.00K	-1.39M	-1.48M
Net Income	-446.78K	-400.22K	-659.00K	-726.00K	-1.41M	-1.51M
Balance Sheet
Total Assets	540.77K	342.36K	651.34K	199.23K	720.07K	1.14M
Cash, Cash Equivalents and Short-Term Investments	244.03K	209.70K	466.94K	88.66K	602.74K	870.01K
Total Debt	43.43K	0.00	37.20K	0.00	0.00	0.00
Total Liabilities	964.38K	532.35K	453.45K	466.62K	266.27K	205.40K
Stockholders Equity	-423.62K	-189.99K	197.88K	-267.38K	453.79K	930.90K
Cash Flow
Free Cash Flow	-123.97K	-221.39K	-295.00K	-466.33K	-1.09M	-1.80M
Operating Cash Flow	-123.97K	-221.39K	-295.00K	-466.33K	-1.09M	-1.80M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	11.38K
Financing Cash Flow	-54.01K	-35.75K	674.85K	0.00	832.40K	2.77M

InsuraGuest Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Neutral
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ISGI, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, equal to the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 18.88 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ISGI.

InsuraGuest Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
XIGM	44 Neutral	C$1.30M	-1.25	-75.02%	―	36.13%	50.39%
ISGI	43 Neutral	C$1.71M	-6.55	―	―	-6.02%	30.91%
LTV	29 Underperform	C$836.04K	-1.33	―	―	―	15.05%
RAD	22 Underperform	C$139.19K	-1.44	30.05%	―	―	-5.00%

InsuraGuest Technologies Corporate Events

InsuraGuest Launches Affiliate Channel to Capture Short-Term Rental Growth

InsuraGuest Technologies has introduced a new affiliate marketing revenue channel to drive adoption of its risk management platform in the rapidly expanding short-term vacation rental market. By partnering with third-party affiliates who already serve rental operators and related professional communities, the company aims to extend its distribution reach without materially increasing fixed operating costs.

The program allows affiliates to use their own sales and marketing strategies to promote InsuraGuest’s guest-damage and injury coverage solutions, with commission-based incentives aligning interests. The company is also targeting high-growth international regions, highlighted by a new affiliate agreement in the Dominican Republic, positioning InsuraGuest to capture a larger share of global short-term rental demand as the market grows toward an expected $102 billion by 2030.

The most recent analyst rating on (TSE:ISGI) stock is a Sell with a C$0.01 price target. To see the full list of analyst forecasts on InsuraGuest Technologies stock, see the TSE:ISGI Stock Forecast page.