Carbon Streaming (TSE:NETZ)
NEO-L:NETZ
Top Page
Carbon Streaming
(NEO-L:NETZ)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.04
▼(-2.50% Downside)
Action:UpgradedDate:04/04/26
The score is held down primarily by weak operating performance (very small and declining revenue, large losses, and ongoing cash burn). A conservative, low-debt balance sheet partially offsets risk, but technical signals do not show a clear positive trend and valuation cannot be supported with the provided P/E and missing dividend yield.
Positive Factors
Business model (carbon streaming)
The streaming model secures future supply via long-term contracts, aligning cash outlays with expected credit issuance. This creates durable inventory access and potential margin capture when credits are issued and sold, supporting predictable long-term revenue streams once projects produce credits.
Negative Factors
Very small and declining revenue
Extremely low, falling revenue signals the business lacks scale and recurring issuance. Without larger, consistent credit deliveries, the company cannot validate its model or cover operating costs. This persistent low top line undermines long-term profitability and market credibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Business model (carbon streaming)
The streaming model secures future supply via long-term contracts, aligning cash outlays with expected credit issuance. This creates durable inventory access and potential margin capture when credits are issued and sold, supporting predictable long-term revenue streams once projects produce credits.
Read all positive factors
Carbon Streaming (NETZ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)104.00K
Price to Earnings (P/E)―
Beta (1Y)N/A
Revenue Growth-94.71%
EPS Growth77.30%
CountryCA
Employees5
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)-0.03
Shares Outstanding48,412,052
10 Day Avg. Volume104,000
30 Day Avg. Volume104,000
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.54
Price to Sales (P/S)39.16
P/FCF Ratio-4.48
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)0.11
Revenue Forecast (FY)C$148.45M
Carbon Streaming Business Overview & Revenue Model
Company Description
Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfoli...
How the Company Makes Money
Carbon Streaming makes money primarily through carbon credit “streaming” agreements. Under these contracts, it pays capital upfront (or in staged payments) to a carbon project developer. In return, Carbon Streaming receives the right to acquire an...
Carbon Streaming Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
78
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Mar 2025 | Jun 2022 | Jun 2021 | Jun 2018 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 640.00K | 1.17M | 146.94K | 0.00 | 0.00 |
| Gross Profit | 160.00K | -70.00K | 21.00K | 0.00 | 0.00 |
| EBITDA | -6.96M | -43.26M | -16.70M | -5.71M | ― |
| Net Income | -67.37M | -35.50M | -12.90M | -4.60M | ― |
Balance Sheet | |||||
| Total Assets | 48.68M | 117.11M | 163.47M | 109.08M | 0.00 |
| Cash, Cash Equivalents and Short-Term Investments | 37.35M | 51.42M | 93.24M | 108.38M | 0.00 |
| Total Debt | 211.00K | 382.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.27M | 4.41M | 20.83M | 1.29M | 306.85K |
| Stockholders Equity | 46.42M | 112.70M | 142.64M | 108.04M | -306.85K |
Cash Flow | |||||
| Free Cash Flow | -5.60M | -7.77M | -13.69M | -1.68M | -4.50K |
| Operating Cash Flow | -5.60M | -7.77M | -13.69M | -1.68M | -4.50K |
| Investing Cash Flow | -7.97M | -11.30M | -35.40M | -500.00K | 0.00 |
| Financing Cash Flow | -186.00K | -137.00K | 35.13M | 111.14M | -3.02K |
Carbon Streaming Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$101.37B | 33.39 | 41.10% | 3.37% | 597.75% | 50.43% | |
71 Outperform | C$1.03B | 2.39 | 5.72% | 0.14% | -44.78% | -95.84% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | C$38.29M | ― | 26.15% | 10.21% | 818.69% | -12.12% | |
50 Neutral | C$139.47B | 77.55 | 2.81% | 0.53% | -19.04% | 17.82% | |
44 Neutral | ― | ― | -33.93% | ― | -94.71% | 77.30% |
* Financial Sector Average
TSE:NETZ
Carbon Streaming
0.04
0.00
0.00%
TSE:BN
Brookfield Corporation
56.93
13.68
31.64%
TSE:CVG
Clairvest
75.00
8.97
13.58%
TSE:PWI
Sustainable Power & Infrastructure Split
11.66
5.43
87.28%
TSE:BAM
Brookfield Asset Management Ltd. Class A
61.88
2.00
3.33%
TSE:IS
International Clean Power Dividend Fund
18.25
5.21
39.99%
Carbon Streaming Corporate Events
Business Operations and StrategyFinancial DisclosuresLegal Proceedings
Carbon Streaming Tightens Costs and Boosts Cash as Losses Narrow in 2025
Positive
Mar 31, 2026
Carbon Streaming reported full-year 2025 results showing a markedly improved financial profile, ending the year with $39.1 million in cash, no corporate debt, and a net increase in cash despite a difficult voluntary carbon market. The company shar...
Business Operations and StrategyM&A Transactions
Carbon Streaming Monetizes Community Carbon Stream in USD$6 Million Buyout
Positive
Mar 13, 2026
Carbon Streaming Corporation has entered into a USD$6 million buyout agreement with Community Carbon and UpEnergy Group covering all rights to its Community Carbon Stream and its current inventory of carbon credits. The deal structure includes a n...
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.