Invesque (IVQ) AI Stock Analysis

• Market Cap: C$123.40M
• Dividend Yield: N/A
• Average Volume (3M): 38.62K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.27
• Revenue Growth: -10.38%
• EPS Growth: 67.51%
• Country: CA
• Employees: 1,448
• Sector: Real Estate
• Sector Strength: 60
• Industry: Real Estate - Services
• EPS (TTM): -0.01
• Shares Outstanding: 914,074,400
• 10 Day Avg. Volume: 33,418
• 30 Day Avg. Volume: 38,617
• PEG Ratio: -0.15
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.01
• Enterprise Value/Market Cap: 3.80
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 7.66
• Enterprise Value/Ebitda: 9.14
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

Invesque's overall stock score reflects significant financial challenges, poor valuation metrics, and bearish technical indicators. While strategic corporate actions provide some optimism, the company's high leverage and declining revenues weigh heavily on its attractiveness.

Invesque Business Overview & Revenue Model

Company Description

Invesque Inc. operates as a health care real estate investment company. Its portfolio includes investments in independent living, assisted living, memory care, skilled nursing, transitional care, and medical office properties. As of March 11, 2022, the company owned a portfolio of 88 properties, including 60 assisted living and memory care facilities, 12 skilled nursing facilities, 10 transitional care properties, and 4 medical office buildings in the United States; and 15 properties comprised 11 medical office buildings, and 4 seniors housing and care facilities in Canada. It also includes investments in owner occupied seniors housing properties, which comprise the ownership of real estate properties, as well as provides management services. The company was formerly known as Mainstreet Health Investments Inc. and changed its name to Invesque Inc. in January 2018. Invesque Inc. was incorporated in 2007 and is headquartered in Toronto, Canada.

How the Company Makes Money

Invesque makes money primarily through the acquisition and management of income-generating healthcare properties. The company's revenue streams include rental income from leasing its properties to operators of senior housing and healthcare facilities. Additionally, Invesque benefits from property appreciation and strategic property sales. Key partnerships with experienced healthcare operators enhance the company's ability to maintain high occupancy rates and stable rental income, contributing to its overall financial performance.

Invesque Financial Statement Overview

Summary

Invesque faces challenges with declining revenues and profitability, high leverage, and a weakening equity position. Although there are improvements in debt management and a slight increase in free cash flow, the overall financial health remains fragile. Strategic actions are needed to stabilize and improve financial performance in the long term.

Income Statement

Invesque's financial performance shows a declining trend in revenue over the past few years, with a notable decrease from 2020 to 2024. The Gross Profit Margin has also been decreasing, indicating potential issues in cost management or pricing strategies. Net Profit Margin remains negative, as the company is struggling with consistent net losses. The absence of EBIT in 2024 and negative EBITDA in 2023 further reflect operational challenges.

Balance Sheet

The company's Debt-to-Equity Ratio is high, indicating significant leverage which poses financial risk, especially in a volatile market. Stockholders' Equity has been decreasing, reflecting a weakening financial position. However, the company has managed to reduce its total liabilities and net debt over the years, which is a positive sign. The Equity Ratio is low, further emphasizing the reliance on debt financing.

Cash Flow

Invesque's cash flow from operations has been positive but insufficient to cover capital expenditures consistently, resulting in low free cash flow. However, there has been a positive trend in Free Cash Flow from 2023 to 2024. The Operating Cash Flow to Net Income Ratio indicates a disparity between reported earnings and actual cash generation, suggesting potential issues in earnings quality.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	162.67M	188.75M	198.03M	210.45M	217.39M
Gross Profit	59.00M	72.41M	95.59M	90.97M	108.39M
EBITDA	24.27M	-18.83M	10.38M	49.13M	-101.52M
Net Income	-36.14M	-99.24M	-42.01M	-28.54M	-184.00M
Balance Sheet
Total Assets	637.22M	828.28M	1.10B	1.30B	1.50B
Cash, Cash Equivalents and Short-Term Investments	18.16M	10.74M	27.58M	19.37M	34.13M
Total Debt	394.84M	588.25M	765.46M	893.75M	1.05B
Total Liabilities	518.05M	681.18M	865.69M	1.01B	1.21B
Stockholders Equity	119.17M	146.59M	231.65M	286.26M	293.33M
Cash Flow
Free Cash Flow	4.40M	217.00K	5.40M	11.11M	13.82M
Operating Cash Flow	9.27M	6.03M	11.91M	18.68M	25.09M
Investing Cash Flow	152.21M	132.05M	137.49M	119.19M	2.98M
Financing Cash Flow	-154.07M	-154.92M	-141.19M	-152.63M	-5.78M

Invesque Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 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:IVQ, the sentiment is Negative. The current price of 0.15 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.45 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IVQ.

Invesque Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IEI	62 Neutral	C$34.59M	13.74	2.31%	2.19%	-3.35%	―
SVI	61 Neutral	C$1.50B	―	-23.06%	0.29%	5.77%	-388.17%
MPC	59 Neutral	C$267.67M	15.95	4.66%	1.87%	10.49%	―
Sector *	59 Neutral	C$1.25B	-2.56	-8.19%	4.96%	10.84%	-23.78%
IVQ	43 Neutral	C$123.40M	―	-30.85%	―	-10.38%	67.51%
PKTEF	―	$84.00M	―	-3.10%	―	―	―
BREUF	―	$106.10M	―		8.67%	―	―

Invesque Corporate Events

Invesque Inc. Shareholders Approve Key Resolutions at Annual Meeting

Invesque Inc. announced the results of its annual and special meeting of shareholders, where all nominated directors were elected with overwhelming support. Additionally, the appointment of KPMG LLP as auditors and special business resolutions, including a Sale Resolution and Reduction in Capital Resolution, were approved by a significant majority. These outcomes reflect strong shareholder confidence and support for Invesque’s strategic direction, potentially enhancing its position in the health care real estate market.

Invesque Completes Strategic Sale of Seniors Housing Assets

Invesque Inc. has completed the sale of 20 seniors housing communities managed by Commonwealth Senior Living and its ownership interests in Commonwealth. The proceeds from the transaction were used to repay associated debts and transaction-related costs. This strategic move marks Invesque’s exit from the Commonwealth business, significantly reducing the company’s leverage and altering its operational focus. The company’s portfolio now consists of 32 assets, with 12 under contract for sale, indicating a shift in strategy to streamline operations and potentially enhance financial stability.

Invesque Inc. Proposes Major Asset Sale and Capital Reduction at Upcoming Shareholder Meeting

Invesque Inc. has announced that at its upcoming annual and special meeting, shareholders will consider a resolution to potentially sell or lease all or substantially all of the company’s assets. This move, if approved, would allow the Board to execute transactions such as asset sales, leases, or mergers at their discretion, although no definitive agreements have been made. Additionally, shareholders will vote on a resolution to reduce capital by up to $183 million to facilitate potential cash distributions following asset divestitures. These decisions could significantly impact Invesque’s operational strategy and financial structure, influencing its market positioning and stakeholder interests.

Invesque Inc. Reports Strategic Asset Sales Amidst First-Quarter Losses

Invesque Inc. reported its first-quarter 2025 results, highlighting significant financial maneuvers including reducing its KeyBank credit facility balance and selling a seniors housing asset in Syracuse, New York. The company has entered into agreements to sell 22 assets for $319.8 million and plans to sell ten memory care communities, aiming to optimize and return value to shareholders. Despite a net loss of $8.943 million, Invesque’s strategic asset sales reflect ongoing interest in the seniors housing sector, potentially strengthening its market position and benefiting stakeholders.