PUDO Inc (PDO) AI Stock Analysis

• Market Cap: C$11.48M
• Dividend Yield: N/A
• Average Volume (3M): 3.52K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: 54.15%
• EPS Growth: N/A
• Country: CA
• Employees: 12
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): >-0.01
• Shares Outstanding: 33,272,285
• 10 Day Avg. Volume: 7,610
• 30 Day Avg. Volume: 3,520
• PEG Ratio: 0.83
• Price to Book (P/B): 21.07
• Price to Sales (P/S): 1.38
• P/FCF Ratio: 25.37
• 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: 51 Neutral
• Price Target: C$0.35 ▼(-39.12% Downside)

The score is driven primarily by improving financial performance and a low-debt balance sheet, but it is held back by weak cash-flow conversion and volatility. Technicals are bearish with the price below all key moving averages and negative MACD, while valuation is difficult to support due to a negative P/E and no dividend yield data.

Positive Factors

Low leverage / conservative balance sheet

Essentially no debt provides durable financial flexibility: it lowers refinancing risk, supports investment in network expansion or tech integrations, and allows the company to prioritize profitability over debt service. This stability aids resilience across 2-6 months.

Turn to profitability and revenue growth

A sustained swing to positive operating profit and ~11.6% TTM revenue growth indicates the business model can generate earnings. This improves ability to self-fund operations, attract partners, and execute on strategic initiatives over the medium term if margins are preserved.

Asset-light networked business model

The PUDO retail partner network and platform-driven model creates recurring per-parcel revenue, partner stickiness, and scalable unit economics without heavy capex. Network effects and carrier integrations support durable revenue streams and long-term customer/partner retention.

Negative Factors

Weak and volatile cash conversion

Modest operating cash flow and slightly negative TTM free cash flow signal inconsistent cash conversion despite accounting profits. This undermines self-funding for network rollouts, raises reliance on external capital, and heightens execution risk over the next several months.

Thin margins and profit sensitivity

Low single-digit margins mean small cost increases or revenue mix shifts can negate profits. Historical losses show the turnaround may not be durable, making margins a key vulnerability for sustaining earnings and funding growth across a 2-6 month horizon.

Small equity base and prior negative equity

A small equity cushion magnifies the impact of earnings volatility on book value and limits the firm's shock absorption. That increases risk of dilutive financings or constrained capital allocation if operational setbacks occur in the medium term.

PUDO Inc Business Overview & Revenue Model

Company Description

PUDO Inc. provides e-commerce parcel services in Canada and the United States. The company offers consumers with convenient PUDO points to pick-up or drop-off e-commerce parcels. It provides services through online retailers, third party logistics companies, and courier companies, as well as Software as a Service (SaaS). The company is headquartered in Mississauga, Canada.

How the Company Makes Money

PUDO Inc generates revenue through service fees charged to e-commerce businesses and logistics carriers for utilizing its network of pick-up and drop-off locations. The company partners with retailers and courier companies to facilitate efficient parcel handling and delivery. PUDO also earns money by offering subscription-based services and transaction fees, leveraging its network to improve the logistics chain's efficiency and customer satisfaction. Significant partnerships with major logistics firms bolster its market presence and contribute to a stable revenue stream.

PUDO Inc Financial Statement Overview

Summary

Revenue is growing (+8.6% TTM) and gross margin is healthy (~35%), with losses narrowing versus prior years. However, EBIT/EBITDA are still slightly negative, net income remains a loss, and TTM operating/free cash flow are negative, keeping overall financial quality below average despite a debt-free balance sheet.

Income Statement

TTM (Trailing-Twelve-Months) revenue is $5.7M with solid growth (+8.6%), and gross margin remains healthy (~35%), indicating the core service economics are workable. However, profitability is still fragile: EBIT and EBITDA are slightly negative and net income remains a loss (about -$0.04M), even though losses have narrowed materially versus prior annual periods (e.g., 2021–2024). Overall, the trajectory is improving, but consistent profitability has not yet been established.

Balance Sheet

The balance sheet is a clear strength: total debt is $0 in the latest periods, resulting in very low financial risk and strong flexibility. Stockholders’ equity has improved meaningfully (from negative in 2024 to ~$0.72M in TTM), and total assets are ~$1.57M. The main watch-out is that equity has been volatile historically (including negative equity in prior years), suggesting the capital base has not been consistently stable through the cycle.

Cash Flow

Cash generation is the key weak spot in TTM (Trailing-Twelve-Months): operating cash flow is negative (-$0.23M) and free cash flow is also negative (-$0.24M), implying the business is still consuming cash despite improved earnings trends. This contrasts with 2025 annual results where operating and free cash flow were positive, pointing to variability in working capital and/or investment cadence. Until operating cash flow becomes consistently positive, funding risk and dilution risk remain elevated.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.15M	3.26M	3.83M	2.16M	1.67M
Gross Profit	1.43M	1.30M	1.48M	697.83K	504.25K
EBITDA	-55.59K	-464.00K	-276.00K	-1.13M	-1.72M
Net Income	-82.81K	-498.00K	-328.00K	-1.21M	-1.82M
Balance Sheet
Total Assets	1.46M	696.22K	612.38K	661.71K	1.39M
Cash, Cash Equivalents and Short-Term Investments	650.00K	155.72K	177.93K	134.75K	749.71K
Total Debt	0.00	0.00	0.00	0.00	13.04K
Total Liabilities	1.19M	796.27K	569.13K	713.52K	477.70K
Stockholders Equity	271.74K	-100.05K	43.25K	-51.81K	915.75K
Cash Flow
Free Cash Flow	225.73K	-20.19K	50.56K	-596.14K	-1.37M
Operating Cash Flow	259.63K	18.81K	52.36K	-589.29K	-1.25M
Investing Cash Flow	-33.90K	-39.22K	-1.81K	-6.85K	-119.96K
Financing Cash Flow	291.81K	0.00	0.00	-13.04K	122.88K

PUDO Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PDO, the sentiment is Negative. The current price of 0.57 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.41, and above the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 29.51 is Positive, neither overbought nor oversold. The STOCH value of 19.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PDO.

PUDO Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CJT	67 Neutral	C$1.40B	11.71	16.75%	1.67%	7.71%	3170.43%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
REKO	52 Neutral	C$22.76M	17.02	3.19%	―	0.38%	―
TTNM	52 Neutral	C$101.79M	-4.34	-23.32%	―	0.46%	-1160.80%
PDO	51 Neutral	C$11.48M	-3,450.00	28.61%	―	54.15%	―
DST	49 Neutral	C$12.84M	-2.02	―	―	-27.49%	-32.97%
FLT	45 Neutral	C$375.28M	-15.58	-45.72%	―	378.71%	27.52%

PUDO Inc Corporate Events

PUDO Inc. Boosts Revenue and Expands Returns Network in Q3 FY 2026

PUDO Inc. reported strong year-to-date growth for its fiscal 2026 third quarter ended November 30, 2025, with revenue from operations rising 57.5% to $4.23 million and gross profit up 61.3% to $1.39 million compared with the prior year period, while narrowing its comprehensive loss by 22.5% to $216,411. The company attributed the performance to increased parcel volumes and sustained expansion of its PUDOpoint network, particularly in PUDO Label Returns, which now accounts for 63.4% of revenue versus 54.4% a year earlier, underscoring the growing role of its returns services in the e-commerce ecosystem; management highlighted ongoing U.S. network expansion with retail, SaaS and third‑party logistics partners to support both returns and other last‑mile offerings, a strategy that could strengthen PUDO’s positioning as a key infrastructure provider for online retailers and carriers.

The most recent analyst rating on (TSE:PDO) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on PUDO Inc stock, see the TSE:PDO Stock Forecast page.

PUDO Inc. Sets January 27 Release for Q3 FY2026 Results and Webcast

PUDO Inc. announced it will release its unaudited third-quarter fiscal 2026 financial results on January 27, 2026, after the market close, followed by a management webcast led by CEO Elliott Etheredge to review the numbers and take questions from stakeholders. The scheduled disclosure underscores ongoing investor engagement around PUDO’s performance as it expands its independent last-mile parcel network, with the webcast offering analysts and shareholders a forum to assess how its growing PUDOpoint Counter network and e-commerce logistics partnerships are translating into financial and operational progress.

The most recent analyst rating on (TSE:PDO) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on PUDO Inc stock, see the TSE:PDO Stock Forecast page.