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Ocumetics Technology Corp
(OTC)
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Rating:42Neutral
Price Target:
C$0.44
▼(-19.64% Downside)
Action:Reiterated
Date:06/01/26
The score is held down primarily by very weak financial performance (no revenue, expanding losses, ongoing cash burn, and negative equity with rising debt). Technical indicators are comparatively neutral and provide only modest support, while valuation is constrained by ongoing losses and the absence of dividend yield data.
Positive Factors
Focused Ophthalmic Pipeline
The company’s clear strategic focus on ophthalmic devices and an accommodating IOL provides a durable business model orientation. If regulatory progress converts into a commercial product, the specialized pipeline and domain expertise can create sustainable product-market fit and differentiated revenues over time.
Negative Factors
Weak Balance Sheet
Deeply negative equity and rising debt materially constrain financial flexibility and increase solvency risk. With a small asset base, the company faces elevated refinancing and covenant risks; lenders and partners may demand stricter terms, making sustained operations dependent on successful capital raises over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused Ophthalmic Pipeline
The company’s clear strategic focus on ophthalmic devices and an accommodating IOL provides a durable business model orientation. If regulatory progress converts into a commercial product, the specialized pipeline and domain expertise can create sustainable product-market fit and differentiated revenues over time.
Read all positive factors
Ocumetics Technology Corp (OTC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$28.89M
Dividend YieldN/A
Average Volume (3M)77.99K
Price to Earnings (P/E)―
Beta (1Y)0.66
Revenue GrowthN/A
EPS Growth-133.21%
CountryCA
Employees5
SectorGeneral
Sector StrengthN/A
IndustryMedical - Instruments & Supplies
Share Statistics
EPS (TTM)-0.07
Shares Outstanding57,789,104
10 Day Avg. Volume70,232
30 Day Avg. Volume77,988
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)-18.65
Price to Sales (P/S)0.00
P/FCF Ratio-21.06
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
Ocumetics Technology Corp Business Overview & Revenue Model
Company Description
Ocumetics Technology Corp. is an innovation-driven enterprise specializing in the development and production of diverse optical lenses. One of its key innovations is the Bionic Lens, an expandable intraocular lens crafted to be implanted within th...
How the Company Makes Money
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Ocumetics Technology Corp Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Jul 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -149.37K | -134.30K | -117.62K | -102.21K | -96.18K |
| EBITDA | -3.87M | -2.29M | -3.50M | -2.09M | -3.42M |
| Net Income | -5.37M | -3.02M | -3.64M | -2.22M | -598.19K |
Balance Sheet | |||||
| Total Assets | 1.90M | 2.32M | 1.04M | 1.37M | 825.25K |
| Cash, Cash Equivalents and Short-Term Investments | 464.04K | 1.57M | 235.83K | 602.09K | 83.90K |
| Total Debt | 5.30M | 3.95M | 321.64K | 292.34K | 0.00 |
| Total Liabilities | 5.85M | 4.26M | 945.33K | 536.45K | 1.10M |
| Stockholders Equity | -3.94M | -1.94M | 91.10K | 837.40K | -270.50K |
Cash Flow | |||||
| Free Cash Flow | -3.49M | -2.51M | -2.19M | -1.69M | -213.63K |
| Operating Cash Flow | -3.37M | -2.43M | -2.05M | -1.62M | -89.13K |
| Investing Cash Flow | 1.25M | -1.46M | -142.17K | -66.82K | -214.92K |
| Financing Cash Flow | 2.38M | 3.85M | 1.82M | 444.35K | 387.11K |
Ocumetics Technology Corp Technical Analysis
Neutral
0.55
Price Trends
0.51
Negative
0.50
Positive
0.64
Negative
Market Momentum
-0.01
Negative
53.37
Neutral
85.10
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OTC, the sentiment is Neutral. The current price of 0.55 is above the 20-day moving average (MA) of 0.47, above the 50-day MA of 0.51, and below the 200-day MA of 0.64, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 53.37 is Neutral, neither overbought nor oversold. The STOCH value of 85.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:OTC.
Ocumetics Technology Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | C$56.62M | 36.35 | 3.31% | ― | -3.44% | -57.64% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | C$16.79M | -20.10 | -31.12% | ― | 1.69% | 47.72% | |
45 Neutral | C$22.15M | -5.64 | 106.68% | ― | 89.06% | 37.62% | |
43 Neutral | C$45.14M | -1.93 | -300.64% | ― | 62.49% | 48.83% | |
42 Neutral | C$28.89M | -7.66 | ― | ― | ― | -133.21% |
* General Sector Average
TSE:OTC
Ocumetics Technology Corp
0.50
0.10
26.58%
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2.17
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-21.43%
TSE:CNVI
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0.22
-0.29
-57.00%
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.