01 Communique Laboratory Inc. (TSE:ONE)
:ONE
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01 Communique Laboratory Inc.
(ONE)
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Rating:42Neutral
Price Target:
C$0.34
▼(-53.33% Downside)
Action:ReiteratedDate:03/20/26
The score is primarily held back by weak financial performance driven by deep losses and ongoing cash burn despite strong revenue growth and very high gross margins. Technicals also weigh on the score, with the stock trading below major moving averages and negative MACD, even though momentum looks oversold. Valuation is only slightly supportive because the negative P/E reflects unprofitable operations and no dividend data is available.
Positive Factors
Revenue Growth Trend
Sustained TTM revenue growth of +34.3% indicates the company is regaining top-line traction after prior declines. Over a 2–6 month horizon this supports continued investment in product and sales initiatives and underpins potential scaling of recurring security software revenue.
Negative Factors
Deep Operating Losses
EBIT and net margins near -140% to -150% show the business is far from break-even; persistent structural losses constrain reinvestment, dilute returns on capital, and mean growth must be substantial and sustained to justify continued funding over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
Sustained TTM revenue growth of +34.3% indicates the company is regaining top-line traction after prior declines. Over a 2–6 month horizon this supports continued investment in product and sales initiatives and underpins potential scaling of recurring security software revenue.
Read all positive factors
01 Communique Laboratory Inc. (ONE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$40.60M
Dividend YieldN/A
Average Volume (3M)415.35K
Price to Earnings (P/E)―
Beta (1Y)-0.73
Revenue Growth-10.57%
EPS Growth-117.50%
CountryCA
Employees11
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding108,312,890
10 Day Avg. Volume860,320
30 Day Avg. Volume415,348
Financial Highlights & Ratios
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 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
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...
How the Company Makes Money
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01 Communique Laboratory Inc. Earnings Call Summary
Earnings Call Date:Sep 19, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Jun 11, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a cautiously optimistic outlook with the company nearing a break-even point and having strategic advancements in post-quantum cryptography. However, uncertainties in revenue growth and low stock prices pose challenges.Positive Updates
Near Break-Even Financial Position
The financial operating loss in Q3 was down to just about $5,000, indicating a near break-even position.
Negative Updates
Slow Revenue Materialization
There is uncertainty about when revenue will start to materialize significantly, despite the company being in a break-even position.
Read all updates
Q3-2024 Updates
Positive
Negative
Near Break-Even Financial Position
The financial operating loss in Q3 was down to just about $5,000, indicating a near break-even position.
Read all positive updates
Company Guidance
During the Q3 2024 earnings call for 01 Communique, CEO Andrew Cheung highlighted the company's strong position in the emerging post-quantum cybersecurity market. He emphasized the alignment of their IronCAP cryptographic engine with recently announced NIST standards, FIPS 203, 204, and 205, which have been integrated since 2021. Cheung noted that the company's financial operating loss was reduced to approximately $5,000, effectively reaching a breakeven point. Revenue showed a small uptick, and the company continues to operate debt-free. With over $6 million invested in IronCAP development, Cheung expressed confidence in crossing into profitability as the quantum safety market gains traction, particularly in AI, cryptocurrencies, and remote access sectors.01 Communique Laboratory Inc. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
68
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03M | 767.99K | 412.95K | 474.49K | 1.03M | 885.35K |
| Gross Profit | 993.46K | 716.90K | 358.16K | 183.37K | 709.37K | 542.34K |
| EBITDA | -1.48M | -1.04M | -261.86K | -664.23K | -666.43K | -600.22K |
| Net Income | -1.56M | -1.13M | -318.79K | -722.11K | -662.00K | -656.85K |
Balance Sheet | ||||||
| Total Assets | 3.63M | 3.41M | 240.48K | 483.94K | 1.11M | 1.36M |
| Cash, Cash Equivalents and Short-Term Investments | 3.36M | 3.07M | 139.13K | 352.54K | 637.18K | 994.92K |
| Total Debt | 95.85K | 172.32K | 21.07K | 59.88K | 106.87K | 149.45K |
| Total Liabilities | 333.45K | 457.68K | 129.06K | 209.88K | 385.14K | 338.30K |
| Stockholders Equity | 3.30M | 2.95M | 111.42K | 274.06K | 724.85K | 1.02M |
Cash Flow | ||||||
| Free Cash Flow | -800.70K | -532.37K | -125.31K | -305.15K | -514.28K | -408.61K |
| Operating Cash Flow | -793.89K | -527.04K | -124.77K | -303.96K | -497.52K | -400.18K |
| Investing Cash Flow | -2.26M | -2.92M | 79.46K | 68.81K | -168.26K | 51.57K |
| Financing Cash Flow | 3.11M | 3.47M | -88.10K | 20.51K | 158.03K | 381.20K |
01 Communique Laboratory Inc. Technical Analysis
Negative
0.72
Price Trends
0.52
Negative
0.61
Negative
0.55
Negative
Market Momentum
-0.05
Negative
39.06
Neutral
28.63
Neutral
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 0.42, above the 50-day MA of 0.52, and above the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 39.06 is Neutral, neither overbought nor oversold. The STOCH value of 28.63 is Neutral, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | C$32.54M | 14.92 | 25.16% | ― | 18.05% | 22.83% | |
65 Neutral | C$43.49M | 12.35 | 42.87% | ― | 62.61% | -10.60% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | C$51.77M | -18.90 | -393.78% | ― | -35.91% | 20.44% | |
45 Neutral | C$61.56M | -27.27 | -139.78% | ― | -34.80% | -28.42% | |
42 Neutral | C$40.60M | -26.60 | -77.16% | ― | -10.57% | -117.50% |
* General Sector Average
TSE:ONE
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01 Communique Laboratory Inc. Corporate Events
Business Operations and StrategyFinancial DisclosuresProduct-Related Announcements
01 Quantum Advances Quantum-Safe Cybersecurity With New Commercial Deployments and AI Security Push
Positive
Mar 19, 2026
01 Quantum reported its first quarter 2026 results, highlighting that its first two IronCAP-based product verticals, quantum-safe remote access and digital assets, are now commercially deployed and beginning to generate revenue via partners. In Ja...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and FinancingProduct-Related Announcements
01 Quantum Advances Quantum-Safe Product Suite as Commercial Deployments Begin
Positive
Jan 22, 2026
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 20...
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.