Matador Technologies Inc. (TSE:MATA)
:MATA
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Matador Technologies Inc.
(MATA)
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Rating:44Neutral
Price Target:
C$0.06
▼(-35.56% Downside)
Action:N/ADate:03/03/26
The score is weighed down primarily by weak financial performance (no revenue, widening losses, and accelerating cash burn) and a strongly bearish technical setup (downtrend with negative momentum). A debt-free balance sheet and higher equity provide some support, while valuation signals are limited due to negative earnings and no dividend.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet removes interest expense and lowers default risk, giving management durable financial flexibility. Over the next several months this reduces solvency pressure and preserves optionality for refinancing, strategic spending, or raising equity when needed.
Negative Factors
No reported revenue
Absence of revenue signals an unproven or non-revenue business model and undermines sustainability. Without recurring top-line cash generation, the firm depends on external financing to cover losses, raising execution and dilution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet removes interest expense and lowers default risk, giving management durable financial flexibility. Over the next several months this reduces solvency pressure and preserves optionality for refinancing, strategic spending, or raising equity when needed.
Read all positive factors
Matador Technologies Inc. (MATA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.21M
Dividend YieldN/A
Average Volume (3M)94.14K
Price to Earnings (P/E)―
Beta (1Y)-1.80
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength88
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)N/A
Shares Outstanding86,873,080
10 Day Avg. Volume134,403
30 Day Avg. Volume94,135
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)2.04
Price to Sales (P/S)0.00
P/FCF Ratio-5.68
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
Matador Technologies Inc. Business Overview & Revenue Model
Company Description
Matador Technologies Inc. develops and operates a mobile application that allows users to buy, sell, and store precious metals. The company is based in Toronto, Canada....
How the Company Makes Money
null...
Matador Technologies Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Oct 2025 | Jan 2025 | Oct 2023 | Oct 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -8.73M | -3.40M | -2.43M | 0.00 |
| Net Income | -12.55M | -4.49M | -2.32M | -4.59M |
Balance Sheet | ||||
| Total Assets | 15.20M | 6.31M | 2.47M | 3.99M |
| Cash, Cash Equivalents and Short-Term Investments | 2.45M | 3.96M | 2.31M | 3.99M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 363.10K | 82.21K | 54.45K | 59.29K |
| Stockholders Equity | 14.84M | 6.23M | 2.41M | 3.93M |
Cash Flow | ||||
| Free Cash Flow | -5.34M | -1.09M | -1.68M | -1.23M |
| Operating Cash Flow | -5.34M | -1.09M | -1.68M | -1.23M |
| Investing Cash Flow | -6.04M | 0.00 | 0.00 | -49.31K |
| Financing Cash Flow | 9.91M | 2.74M | 339.79K | 5.58M |
Matador Technologies Inc. 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% | |
52 Neutral | C$22.76M | 7.22 | -63.28% | ― | 36.80% | 9.34% | |
46 Neutral | $1.80B | -4.86 | -20.47% | ― | 51.69% | 28.00% | |
45 Neutral | C$86.46M | 44.16 | -136.30% | ― | 972.76% | -192.94% | |
44 Neutral | C$5.21M | -2.41 | ― | ― | ― | ― | |
44 Neutral | C$48.49M | -5.39 | -8.68% | ― | 39.64% | -70.96% | |
41 Neutral | C$23.94M | -33.78 | ― | ― | 72.86% | -2.13% |
* Technology Sector Average
TSE:MATA
Matador Technologies Inc.
0.06
-0.42
-87.50%
TSE:DEFI
DeFi Technologies
0.83
0.00
0.00%
TSE:BIGG
BIGG Digital Assets
0.07
-0.05
-45.83%
TSE:BITF
Bitfarms
3.19
1.66
108.50%
TSE:DMGI
DMG Blockchain Solutions
0.24
-0.05
-18.97%
TSE:BTCW
Bitcoin Well Inc
0.09
-0.05
-34.62%
Matador Technologies Inc. Corporate Events
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
Matador to Spin Out Gold Treasury and Tokenization Unit GODL as Public Company
Positive
Mar 2, 2026
Matador Technologies plans to spin out its gold-focused subsidiary GODL Corp. into a separate publicly listed company in Canada, subject to regulatory and shareholder approvals. GODL will operate as a pure-play gold treasury vehicle deploying capi...
Business Operations and StrategyExecutive/Board Changes
Matador Technologies Grants 2.8 Million Stock Options to Align Leadership With Long-Term Goals
Positive
Feb 18, 2026
Matador Technologies Inc. has granted incentive stock options to purchase a total of 2,800,000 common shares to certain directors, officers, and consultants as part of its annual compensation review. The move is intended to align management and di...
Business Operations and StrategyPrivate Placements and Financing
Matador Technologies Taps ATM Program as It Joins Major 2026 Bitcoin Conferences
Positive
Feb 12, 2026
Matador Technologies Inc. plans to showcase its Bitcoin-first strategy at two major Las Vegas events in 2026, joining the Bitcoin for Corporations track at Strategy World and participating in Bitcoin 2026 alongside global builders and investors. T...
Business Operations and StrategyPrivate Placements and Financing
Matador Technologies Launches C$30 Million ATM Equity Program to Accelerate Bitcoin Treasury Strategy
Positive
Feb 4, 2026
Matador Technologies Inc. has established an at-the-market (ATM) equity program allowing it to issue up to C$30 million in common shares through ATB Cormark Capital Markets, providing a flexible mechanism to raise capital in line with prevailing m...
Business Operations and StrategyExecutive/Board Changes
Matador Technologies Grants RSUs to Bolster Bitcoin-First Growth Strategy
Positive
Jan 9, 2026
Matador Technologies Inc. has granted 631,818 restricted share units to certain officers and consultants under its Omnibus Equity Incentive Plan, with the awards vesting over 12 months starting January 8, 2026. The equity grants are designed to re...
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.