NowVertical Group Inc (TSE:NOW)
:NOW
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NowVertical Group Inc
(NOW)
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Rating:42Neutral
Price Target:
C$0.17
▼(-38.21% Downside)
Action:Reiterated
Date:04/13/26
The score is driven primarily by weak financial performance—high leverage with thin equity, plus unstable profitability and a return to cash burn in 2025. Technicals add further pressure as the stock trades below key moving averages with negative MACD. Valuation provides limited support because the negative P/E reflects losses and there is no dividend yield.
Positive Factors
Recurring revenue + services mix
NowVertical's business model combines recurring software/subscription revenue with project and managed services. That mix provides diversified, multi-year revenue streams and cross-sell potential, supporting predictable cash flow and customer stickiness if underlying demand for analytics persists.
Negative Factors
Very high leverage
Extremely high debt-to-equity materially reduces financial flexibility. Interest and principal obligations limit ability to invest in R&D, sales expansion, or absorb shocks. Heavy leverage raises refinancing and covenant risk, increasing the probability of dilution or distress if earnings weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue + services mix
NowVertical's business model combines recurring software/subscription revenue with project and managed services. That mix provides diversified, multi-year revenue streams and cross-sell potential, supporting predictable cash flow and customer stickiness if underlying demand for analytics persists.
Read all positive factors
NowVertical Group Inc (NOW) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$17.66M
Dividend YieldN/A
Average Volume (3M)157.79K
Price to Earnings (P/E)―
Beta (1Y)0.15
Revenue Growth-18.57%
EPS Growth-325.88%
CountryCA
Employees432
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)-0.05
Shares Outstanding95,438,130
10 Day Avg. Volume168,139
30 Day Avg. Volume157,793
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)9.74
Price to Sales (P/S)0.52
P/FCF Ratio-7.73
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)0.03
Revenue Forecast (FY)C$42.31M
NowVertical Group Inc Business Overview & Revenue Model
Company Description
NowVertical Group Inc. operates as a big data technology company. Its vertical intelligence software and services solutions address industry-specific needs in the areas of data transformation, data visualization and analysis, and artificial intell...
How the Company Makes Money
NowVertical generally makes money by selling (1) software and technology-enabled data/analytics solutions and (2) professional services to implement, customize, and support those solutions for customers. Key revenue streams typically include: (a) ...
NowVertical Group Inc Earnings Call Summary
Earnings Call Date:Nov 14, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Aug 20, 2026
Earnings Call Sentiment Positive
The earnings call reflected a strong positive performance with significant improvements in EBITDA, revenue growth, and operational income. Despite existing challenges in integration and geographic concentration, the company's financial health and strategic account retention indicate a promising outlook.Positive Updates
EBITDA Milestone
NowVertical achieved an EBITDA of USD 2 million for Q3 2024, marking a 19% EBITDA margin, best in class in the industry.
Negative Updates
Complex Integration Processes
The integration of Latin American operations is ongoing, with completion still 20-25% away.
Read all updates
Q3-2024 Updates
Positive
Negative
EBITDA Milestone
NowVertical achieved an EBITDA of USD 2 million for Q3 2024, marking a 19% EBITDA margin, best in class in the industry.
Read all positive updates
Company Guidance
In the Q3 2024 earnings call for NOW.V, the executives reported a significant improvement in financial metrics, surpassing their own expectations. The company achieved an EBITDA of $2 million, marking a 19% margin against a revenue of $10.7 million for the quarter. Year-over-year, they observed a 9% revenue growth, with operating income improving by 87% and adjusted EBITDA increasing by 26%. The strategic focus on core operations and reduction of administrative costs led to an impressive 439% increase in operating income year-to-date. The company also highlighted the successful renegotiation of acquisition-related liabilities, reducing them from $13.9 million to $8.5 million, including $2 million to be settled in shares. This strategic restructuring has paved the way for sustainable future growth, with NOW.V now targeting a run rate revenue of $43 million and $8 million EBITDA.NowVertical Group Inc Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
34
Negative
Cash Flow
38
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 37.34M | 46.87M | 51.70M | 27.01M | 4.11M |
| Gross Profit | 18.80M | 23.06M | 26.64M | 11.58M | 2.90M |
| EBITDA | 4.84M | 8.47M | 440.03K | -5.43M | -13.17M |
| Net Income | -4.01M | 1.59M | -5.93M | -9.55M | ― |
Balance Sheet | |||||
| Total Assets | 43.35M | 43.86M | 44.85M | 34.17M | 26.88M |
| Cash, Cash Equivalents and Short-Term Investments | 4.10M | 4.60M | 3.14M | 4.29M | 11.61M |
| Total Debt | 16.87M | 13.79M | 19.67M | 16.53M | 1.81M |
| Total Liabilities | 41.35M | 42.01M | 47.50M | 32.35M | 13.16M |
| Stockholders Equity | 2.00M | 1.86M | -2.65M | 1.82M | 13.72M |
Cash Flow | |||||
| Free Cash Flow | -2.52M | 2.76M | -5.17M | -5.08M | -5.69M |
| Operating Cash Flow | -1.85M | 2.84M | -5.10M | -4.87M | -5.68M |
| Investing Cash Flow | 966.39K | 2.37M | 1.15M | -10.81M | -3.05M |
| Financing Cash Flow | 1.88M | -5.53M | 2.19M | 10.72M | 18.64M |
NowVertical Group Inc Technical Analysis
Negative
0.28
Price Trends
0.22
Negative
0.25
Negative
0.29
Negative
Market Momentum
>-0.01
Negative
35.64
Neutral
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOW, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.22, and below the 200-day MA of 0.29, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.64 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NOW.
NowVertical Group Inc Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
47 Neutral | C$10.88M | -16.31 | -21.69% | ― | -27.64% | -2400.00% | |
45 Neutral | C$51.24M | -10.77 | 247.94% | ― | -113.46% | -441.67% | |
44 Neutral | C$37.86M | -3.95 | 594.56% | ― | -25.89% | 5.33% | |
42 Neutral | C$17.66M | -4.87 | -46.29% | ― | -18.57% | -325.88% | |
41 Neutral | C$8.76M | -3.92 | 286.87% | ― | 3.73% | 71.72% |
* General Sector Average
TSE:NOW
NowVertical Group Inc
0.18
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-73.13%
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NowVertical Group Inc Corporate Events
Business Operations and StrategyFinancial Disclosures
NowVertical Holds Margins as Currency Hits 2025 Revenue, Deepens Enterprise Focus
Negative
Apr 9, 2026
NowVertical reported fourth-quarter 2025 revenue of $9.7 million, down 11% year over year, and full-year 2025 revenue of $37.3 million, a 5% decline, largely due to Argentine peso devaluation, lower reseller revenue, and a Chile restructuring. Des...
Business Operations and StrategyFinancial Disclosures
NowVertical Scales Key Data and AI Engagement to $2.8 Million in First Year
Positive
Apr 7, 2026
NowVertical Group Inc., a data and AI solutions provider, has expanded a strategic engagement with a global commodity pricing and market intelligence firm that began with a small data architecture assessment in April 2025. The relationship has now...
Business Operations and StrategyFinancial Disclosures
NowVertical Expands Flagship Events-Sector Account to Over $26 Million
Positive
Mar 30, 2026
NowVertical Group Inc. has secured more than $3.8 million in new 2026 engagements with a longstanding global client in the international events and exhibitions sector, expanding a program that unifies customer, operational, and financial data acro...
Financial Disclosures
NowVertical Sets April 9 Date for Q4 and Full-Year 2025 Results and Investor Webinar
Neutral
Mar 26, 2026
NowVertical Group Inc., a data and AI solutions provider listed on the TSX Venture Exchange, helps clients rapidly unlock value from their information assets through an integrated portfolio of analytics tools and services. The company targets ente...
Business Operations and StrategyFinancial Disclosures
NowVertical Wins $250,000 Expansion on Google Cloud Migration After AI Boosts Delivery Efficiency
Positive
Mar 23, 2026
NowVertical Group has expanded an existing cloud data migration engagement with a large enterprise client after deploying its proprietary AI-powered migration tools in the initial phase. Those tools cut delivery effort from an estimated 2,700 hour...
Business Operations and StrategyProduct-Related Announcements
NowVertical Unveils NowUnlock AI to Turn Enterprise AI into Measurable ROI
Positive
Mar 12, 2026
NowVertical Group Inc., a Toronto-based data and AI solutions provider, has introduced NowUnlock AI, a structured proposition aimed at helping enterprises convert AI initiatives into measurable operational and financial results. The offering build...
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.