01 Communique Laboratory Inc. (ONE) AI Stock Analysis

• Market Cap: C$60.66M
• Dividend Yield: N/A
• Average Volume (3M): 415.35K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.22
• Revenue Growth: -10.57%
• EPS Growth: -117.50%
• Country: CA
• Employees: 11
• Sector: General
• Sector Strength: N/A
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 108,312,890
• 10 Day Avg. Volume: 860,320
• 30 Day Avg. Volume: 415,348
• PEG Ratio: -0.46
• Price to Book (P/B): 42.44
• Price to Sales (P/S): 162.97
• P/FCF Ratio: -235.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: C$0.57 ▼(-21.11% Downside)

The score is held back primarily by weak financial performance—large ongoing losses and continued cash burn—despite a low-leverage balance sheet and strong recent revenue growth. Technicals are moderately supportive with an established uptrend, but valuation remains pressured due to negative earnings and no indicated dividend yield.

Positive Factors

Strong revenue rebound

A ~86% revenue rebound in 2025 indicates recovering product demand and meaningful topline momentum. Sustained revenue growth would enable operating leverage, fund reinvestment in product and sales, and materially improve prospects for moving toward profitability.

Very high gross margins

A ~93% gross margin demonstrates software-like economics and pricing power. Such durable margin structure means additional revenue largely contributes to covering fixed operating costs and can quickly lift operating profitability as scale is achieved, assuming cost control.

Low leverage / solid balance sheet

Very low debt-to-equity (~0.06) provides financial flexibility to fund growth initiatives, endure continued cash burn, and avoid near-term refinancing pressure. A conservative capital structure supports multi-quarter strategic moves without immediate solvency risk.

Negative Factors

Large operating and net losses

Extremely negative EBIT and net margins indicate the core business is unprofitable at current scale. Persistent deep losses create structural funding needs, limit retained earnings for reinvestment, and raise the risk of dilution or strategic cutbacks unless margins materially improve.

Consistent negative operating/free cash flow

Ongoing negative operating and free cash flow (~-$0.53M in 2025) means the business consumes cash rather than self-funds growth. This structural cash burn forces reliance on external financing, constrains reinvestment, and heightens execution risk if capital access tightens.

Volatile revenue history

Revenue volatility undermines predictability for operations and long-term planning; despite a strong 2025 rebound, irregular topline makes margin forecasting and capacity decisions harder. Until revenue becomes consistently stable, scaling profitably remains uncertain.

01 Communique Laboratory Inc. Business Overview & Revenue Model

Company Description

01 Quantum, Inc. engages in the development and delivery of integrated communications software and services. It also operates through the following geographical segments: United States, Canada, and Asia. The company was founded by Andrew Cheung on October 7, 1992 and is headquartered in Toronto, Canada.

How the Company Makes Money

01 Communique generates revenue primarily through the sale of its software products and subscription services. The company's revenue model includes one-time licensing fees for its software solutions, as well as recurring subscription fees for ongoing access to its services. Additionally, the company may engage in partnerships with other technology firms to enhance its product offerings and reach a broader customer base, contributing to its earnings through collaborative revenue-sharing agreements. The growing demand for remote work solutions, particularly in light of recent global trends toward remote employment, has further bolstered its revenue potential.

01 Communique Laboratory Inc. Financial Statement Overview

Summary

Financials are mixed: strong 2025 revenue rebound and very high gross margin are positives, and leverage is low (debt-to-equity ~0.06). However, profitability and cash generation are major weaknesses, with very large operating and net losses (EBIT margin about -142%, net margin about -147%) and persistent negative operating/free cash flow (about -$0.53M in 2025).

Income Statement

Revenue has been volatile over the period, including a sharp rebound in 2025 (annual revenue up ~84.9% vs. 2024), but profitability remains weak. Despite very high gross margin in 2025 (~93%), the company continues to post sizable operating losses (EBIT margin about -142%) and a deep net loss (net margin about -147%), indicating operating costs are far above the current revenue base. The combination of improving top-line in the latest year but persistent, very large losses keeps the income statement score low.

Balance Sheet

The balance sheet looks comparatively solid: leverage is low in the latest year (debt-to-equity ~0.06 in 2025) and total debt is modest relative to equity. However, returns remain meaningfully negative (2025 return on equity about -38%), showing the capital base is not currently generating profits. Overall, low leverage is a key strength, partially offset by ongoing losses and negative returns.

Cash Flow

Cash generation is a major weakness, with operating cash flow negative in every reported year, including 2025 (about -$0.53M), and free cash flow also negative (about -$0.53M). While free cash flow improved versus 2024 (growth ~14.7%), the business is still consuming cash rather than funding itself internally. The persistence of cash burn keeps the cash flow score low despite the recent year-over-year improvement.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	767.99K	412.95K	474.49K	1.03M	885.35K
Gross Profit	716.90K	358.16K	183.37K	709.37K	542.34K
EBITDA	-1.04M	-261.86K	-664.23K	-666.43K	-600.22K
Net Income	-1.13M	-318.79K	-722.11K	-662.00K	-656.85K
Balance Sheet
Total Assets	3.41M	240.48K	483.94K	1.11M	1.36M
Cash, Cash Equivalents and Short-Term Investments	3.07M	139.13K	352.54K	637.18K	994.92K
Total Debt	172.32K	21.07K	59.88K	106.87K	149.45K
Total Liabilities	457.68K	129.06K	209.88K	385.14K	338.30K
Stockholders Equity	2.95M	111.42K	274.06K	724.85K	1.02M
Cash Flow
Free Cash Flow	-532.37K	-125.31K	-305.15K	-514.28K	-408.61K
Operating Cash Flow	-527.04K	-124.77K	-303.96K	-497.52K	-400.18K
Investing Cash Flow	-2.92M	79.46K	68.81K	-168.26K	51.57K
Financing Cash Flow	3.47M	-88.10K	20.51K	158.03K	381.20K

01 Communique Laboratory Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ONE, the sentiment is Negative. The current price of 0.72 is above the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.63, and above the 200-day MA of 0.52, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.21 is Neutral, neither overbought nor oversold. The STOCH value of 19.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ONE.

01 Communique Laboratory Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTZ	79 Outperform	C$33.67M	13.83	27.13%	―	18.05%	22.83%
NCI	65 Neutral	C$54.94M	6.84	40.79%	―	62.61%	-10.60%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ONE	53 Neutral	C$60.66M	-51.35	-144.12%	―	-10.57%	-117.50%
ABXX	45 Neutral	C$61.56M	-2.34	-147.54%	―	-34.80%	-28.42%
MHUB	42 Neutral	C$88.31M	-11.92	-584.49%	―	-35.91%	20.44%

01 Communique Laboratory Inc. Corporate Events

01 Quantum Advances Quantum-Safe Product Suite as Commercial Deployments Begin

01 Quantum reported its fourth-quarter and full-year 2025 results alongside a slate of product and partnership milestones that management says position the company to benefit from rising demand for quantum-resilient cybersecurity. During fiscal 2025, it completed its rebranding to 01 Quantum, commercially launched DoMobile Ver.5 with Hitachi Solutions Create in Japan as a PQC-enhanced zero-trust remote access platform with upfront fees and royalties, and advanced its quantum-safe digital asset strategy via a strategic alliance with qLABS to develop Quantum Crypto Wrapper and Quantum DeFi Wrapper technologies and launch the quantum-resistant qONE token and wallet on Hyperliquid, with a broader “Quantum Gas Fee” utility rollout planned for multiple blockchains. The company also pushed forward its Quantum AI Wrapper to enable fully encrypted, quantum-safe AI inference, targeting staged commercial releases from 2026 to 2027 beginning with small language models for specialized AI markets, and deepened commercialization of its IronCAP X secure email offering through expanded integration within Turnium Technology Group’s services, all supported by financings that strengthened its balance sheet and underpinned ongoing development and deployment efforts.

The most recent analyst rating on (TSE:ONE) stock is a Sell with a C$0.50 price target. To see the full list of analyst forecasts on 01 Communique Laboratory Inc. stock, see the TSE:ONE Stock Forecast page.