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Nuran Wireless
(NUR)
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Rating:50Neutral
Price Target:
C$7.50
▲(79.43% Upside)
Action:Reiterated
Date:06/27/26
The score is held back primarily by weak financial quality—compressed margins, heavy ongoing losses, and persistent cash burn—despite improved leverage and equity. Technicals are supportive due to strong price strength above major moving averages, but overbought momentum increases near-term risk. Valuation provides limited support because the company is still loss-making and no dividend yield is available.
Positive Factors
Underserved market focus
Serving underserved rural and frontier markets creates durable demand for basic mobile connectivity. The company's mix of deployments, managed services and hosting generates recurring site revenue and long-term contracts, providing a stable, contractable revenue base over months.
Negative Factors
Weak cash generation
Operating and free cash flow have been persistently negative across recent years, signaling structural cash burn. This weak cash generation forces reliance on external funding or balance-sheet actions, constraining the company’s ability to self-fund rollouts and increasing execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Underserved market focus
Serving underserved rural and frontier markets creates durable demand for basic mobile connectivity. The company's mix of deployments, managed services and hosting generates recurring site revenue and long-term contracts, providing a stable, contractable revenue base over months.
Read all positive factors
Nuran Wireless (NUR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$94.86M
Dividend YieldN/A
Average Volume (3M)389.33K
Price to Earnings (P/E)―
Beta (1Y)-1.13
Revenue Growth-53.93%
EPS Growth36.00%
CountryCA
Employees51
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)-11.57
Shares Outstanding13,084,716
10 Day Avg. Volume183,382
30 Day Avg. Volume389,335
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.26
Price to Sales (P/S)0.35
P/FCF Ratio-0.24
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
Nuran Wireless Business Overview & Revenue Model
Company Description
Operating across Canada, the United States, Europe, and international markets, Nuran Wireless Inc., along with its associated entities, is dedicated to the research, development, manufacturing, marketing, and operational management of digital elec...
How the Company Makes Money
Nuran Wireless makes money primarily by providing telecom infrastructure and connectivity services tied to the deployment and operation of cellular network sites in underserved regions. Key revenue streams include: (1) Network deployment and infra...
Nuran Wireless Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
30
Negative
Cash Flow
16
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2023 | Jan 2021 | Oct 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.17M | 4.36M | 4.87M | 3.93M | 2.12M |
| Gross Profit | 1.31M | 2.33M | 2.04M | 1.08M | 728.99K |
| EBITDA | -12.89M | -5.24M | -7.60M | -1.12M | -2.65M |
| Net Income | -21.44M | -8.76M | -9.89M | -1.89M | -3.55M |
Balance Sheet | |||||
| Total Assets | 30.00M | 23.88M | 18.74M | 7.94M | 8.83M |
| Cash, Cash Equivalents and Short-Term Investments | 4.67M | 1.17M | 183.40K | 64.25K | 510.83K |
| Total Debt | 12.79M | 21.44M | 6.59M | 4.12M | 4.30M |
| Total Liabilities | 24.40M | 35.30M | 14.55M | 9.90M | 9.26M |
| Stockholders Equity | 5.60M | -11.42M | 4.19M | -1.96M | -430.05K |
Cash Flow | |||||
| Free Cash Flow | -6.23M | -6.26M | -7.76M | -711.11K | -1.73M |
| Operating Cash Flow | -2.96M | -6.22M | -6.80M | 495.51K | -775.19K |
| Investing Cash Flow | -3.27M | -393.21K | -1.07M | -1.21M | -957.62K |
| Financing Cash Flow | 9.94M | 7.68M | 7.32M | 264.53K | 2.02M |
Nuran Wireless Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$14.06M | 24.19 | 8.45% | ― | 29.61% | 92.79% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | C$5.01M | 18.13 | ― | ― | 6.02% | ― | |
50 Neutral | C$94.86M | -0.67 | ― | ― | -53.93% | 36.00% | |
47 Neutral | C$17.36M | -15.67 | ― | ― | ― | ― | |
41 Neutral | C$555.09K | -0.02 | -73.44% | ― | -6.54% | 63.10% | |
41 Neutral | C$9.57M | -4.94 | ― | ― | ― | -164.52% |
* Technology Sector Average
TSE:NUR
Nuran Wireless
7.25
-16.75
-69.79%
TSE:IMI
Lite Access Technologies
0.10
0.02
25.00%
TSE:NVI
Novra Technologies
0.15
0.07
87.50%
TSE:TTZ
Total Telcom
0.53
0.32
146.51%
TSE:VTI
Valdor Technology International
0.37
-3.63
-90.75%
TSE:YFI
Edgewater Wireless Systems
0.04
-0.02
-33.33%
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.