Pivotree (PVT) AI Stock Analysis

• Market Cap: C$34.29M
• Dividend Yield: N/A
• Average Volume (3M): 6.14K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: -10.76%
• EPS Growth: -19.28%
• Country: CA
• Employees: 300
• Sector: Technology
• Sector Strength: 91
• Industry: Information Technology Services
• EPS (TTM): 0.01
• Shares Outstanding: 26,413,866
• 10 Day Avg. Volume: 2,338
• 30 Day Avg. Volume: 6,137
• PEG Ratio: -0.17
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -35.44
• 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: C$1.75
• Price Target Upside: 34.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: C$1.00 ▼(-23.08%Downside)

Pivotree's overall stock score is primarily impacted by its weak financial performance, characterized by revenue declines and net losses. The technical analysis provides a neutral outlook with limited momentum, while the valuation is hindered by a negative P/E ratio. Corporate events, while positive, are not enough to offset the financial challenges.

Pivotree Business Overview & Revenue Model

Company Description

Pivotree Inc. designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. It operates in two segments, Professional Services and Managed Services. The company offers a combination of application support and managed hosting with digital strategy and software implementation services. It provides its services to B2B, B2C, distribution, finance, healthcare, hospitality, insurance, manufacturing, retail, technology, and telecommunication industries. The company was formerly known as Reliant Web Hosting Inc. and changed its name to Pivotree Inc. in September 2020. Pivotree Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.

How the Company Makes Money

Pivotree generates revenue primarily through its comprehensive suite of digital commerce services, which include consulting, implementation, and managed services. Key revenue streams consist of project-based fees for the design and implementation of e-commerce platforms, ongoing subscription fees for managed services, and consulting fees for strategic advisory services. Additionally, Pivotree partners with major technology vendors to offer integrated solutions, which can contribute to revenue through referral arrangements or reseller agreements. The company's ability to secure long-term contracts and relationships with clients in various industries is a significant factor in its earnings.

Pivotree Financial Statement Overview

Summary

Pivotree faces significant financial challenges with declining revenues, persistent net losses, and difficulty in generating positive free cash flow. Although the balance sheet shows a stable equity base, profitability and cash flow generation issues persist.

Income Statement

Pivotree's income statement shows a consistent decline in revenue over the past years, with a negative net profit margin and EBIT margin indicating ongoing losses. The gross profit margin remains positive but is insufficient to cover operational expenses, leading to negative EBITDA and net income.

Balance Sheet

The balance sheet reflects a stable equity base with an improving debt situation, as evidenced by a low debt-to-equity ratio. However, the return on equity remains negative due to persistent net losses, and the equity ratio shows strong asset financing through equity.

Cash Flow

The cash flow statement highlights challenges in generating positive free cash flow, despite recent improvements in operating cash flow. The free cash flow to net income ratio remains negative, indicating difficulties in converting net income into cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	78.24M	89.81M	101.69M	67.54M	63.60M
Gross Profit	33.80M	41.48M	45.73M	29.88M	33.45M
EBITDA	-3.73M	63.09K	-1.33M	-5.81M	2.17M
Net Income	-11.89M	-7.23M	-9.09M	-11.59M	-5.76M
Balance Sheet
Total Assets	55.12M	64.09M	83.75M	94.18M	88.65M
Cash, Cash Equivalents and Short-Term Investments	3.88M	8.64M	17.35M	24.57M	53.94M
Total Debt	454.69K	950.37K	1.68M	2.30M	2.87M
Total Liabilities	7.12M	6.60M	18.28M	26.30M	11.92M
Stockholders Equity	47.99M	57.49M	65.47M	67.88M	76.73M
Cash Flow
Free Cash Flow	-5.33M	-3.68M	-2.53M	-8.79M	2.55M
Operating Cash Flow	-3.82M	-2.58M	-1.69M	-8.16M	3.46M
Investing Cash Flow	-160.00K	-3.63M	-4.85M	-20.33M	-5.60M
Financing Cash Flow	-843.67K	-2.52M	-682.36K	-879.05K	53.09M

Pivotree Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.30
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PVT, the sentiment is Negative. The current price of 1.3 is above the 20-day moving average (MA) of 1.22, above the 50-day MA of 1.23, and above the 200-day MA of 1.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.76 is Neutral, neither overbought nor oversold. The STOCH value of 59.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PVT.

Pivotree Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	HK$14.02B	5.05	-5.75%	5.31%	9.34%	-42.23%
PAID	54 Neutral	C$11.53M	―	99.64%	―	39.88%	0.20%
PVT	46 Neutral	C$34.29M	―	-18.24%	―	-10.76%	-19.28%
BNXA	46 Neutral	C$50.56M	―	73.33%	―	29.35%	42.96%
FARM	40 Underperform	C$8.31M	―		―	-15.73%	-45.92%
SPOFF	―	$24.29M	―	-18.22%	―	―	―
POSAF	―	$8.21M	―	-299.37%	―	―	―

Pivotree Corporate Events

Pivotree Inc. Announces Successful Shareholder Meeting Outcomes and New Incentive Plans

Pivotree Inc. announced the results of its annual and special meeting of shareholders, where all proposed resolutions were passed, including the election of eight directors and the appointment of BDO Canada LLP as auditor. The company also approved its omnibus equity incentive plan and amended employee share purchase plan. Additionally, Pivotree granted 720,000 stock options to executive officers and 182,735 deferred share units to non-executive officers, aligning with its strategic focus on incentivizing leadership and enhancing shareholder value.

The most recent analyst rating on (TSE:PVT) stock is a Hold with a C$1.25 price target. To see the full list of analyst forecasts on Pivotree stock, see the TSE:PVT Stock Forecast page.

Pivotree Reports Record Adjusted EBITDA and Strategic Divestiture in Q1 2025

Pivotree Inc. reported a record Adjusted EBITDA of $2.0 million for Q1 2025, marking a significant improvement from the previous year. Despite a decrease in total revenue by 8.5% compared to the same period last year, the company achieved a net income of $232k, attributed to reduced operating expenses and foreign exchange impacts. The divestiture of its WMS software business for $2.7 million is expected to allow Pivotree to focus more on its core offerings. The company also saw growth in professional services and data segments, with new customer wins and project expansions, particularly in next-generation platforms like Shopify and Spryker.

The most recent analyst rating on (TSE:PVT) stock is a Hold with a C$1.25 price target. To see the full list of analyst forecasts on Pivotree stock, see the TSE:PVT Stock Forecast page.

Pivotree to Announce Q1 2025 Financial Results and Launches Share Purchase Plan

Pivotree announced it will release its first quarter 2025 financial results on May 14, 2025, accompanied by a webinar hosted by its CEO and CFO. Additionally, Pivotree has established an automatic securities purchase plan to facilitate the repurchase of its common shares under its existing normal course issuer bid, allowing purchases during blackout periods and regulatory restrictions.