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Quinsam Capital
(QCA)
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Rating:58Neutral
Price Target:
C$0.06
▲(24.00% Upside)
Action:Reiterated
Date:08/17/26
The score is driven mainly by mixed financial performance: a strong, debt-free balance sheet and improved profitability are offset by weak/negative revenue trends and negative operating/free cash flow. Valuation is supportive due to a very low P/E, while technicals show an uptrend but overbought signals and slightly negative MACD add near-term risk. The earnings call adds moderate upside potential from upcoming listings and buybacks, tempered by timing and execution uncertainty.
Positive Factors
Debt-Free Balance Sheet
No financial leverage gives Quinsam flexibility to fund investments, absorb portfolio volatility, and pursue opportunities without material debt-service pressure. Rebuilt equity further strengthens its capacity to operate through uneven investment cycles.
Negative Factors
Recurring Negative Operating and Free Cash Flow
Recent reported profitability has not translated consistently into cash generation. Recurring operating and free-cash-flow deficits can restrict reinvestment, increase reliance on asset realizations, and weaken the quality and durability of earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
No financial leverage gives Quinsam flexibility to fund investments, absorb portfolio volatility, and pursue opportunities without material debt-service pressure. Rebuilt equity further strengthens its capacity to operate through uneven investment cycles.
Read all positive factors
Quinsam Capital (QCA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.62M
Dividend YieldN/A
Average Volume (3M)20.38K
Price to Earnings (P/E)3.3
Beta (1Y)0.03
Revenue Growth-280.28%
EPS GrowthN/A
CountryCA
Employees3
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.02
Shares Outstanding93,616,450
10 Day Avg. Volume17,075
30 Day Avg. Volume20,383
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)0.48
Price to Sales (P/S)-0.64
P/FCF Ratio-12.60
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
Quinsam Capital Business Overview & Revenue Model
Company Description
Quinsam Capital Corporation functions as a merchant bank specializing in Canada's small-capitalization market. The firm strategically invests in burgeoning industries such as technology, healthcare, mineral exploration, competitive gaming (e-sport...
How the Company Makes Money
Quinsam Capital makes money primarily through investment returns generated by its portfolio activities. Key revenue and earnings sources typically include: (1) realized gains on sales of investments (profits when portfolio holdings are sold above ...
Quinsam Capital Earnings Call Summary
Earnings Call Date:Aug 14, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Dec 01, 2026
Earnings Call Sentiment Positive
The call was cautiously optimistic. Management highlighted multiple potential catalysts (Peninsula Capital listing, other private listings, a technical win at California Nano, active issuer bid activity, and a growing liquid portfolio) that could drive NAV upside in coming quarters. However, several risks temper enthusiasm: timing of listings is uncertain, Peninsula may trade below NAV, commercial contracts and government funding for California Nano are not yet secured, and buyback execution is constrained by illiquidity and regulatory rules. On balance, the tone was constructive with near-term upside opportunities but meaningful execution and timing uncertainties remain.Positive Updates
Peninsula Capital IPO Expected to Boost NAV
Peninsula Capital expected to list (likely Q3/Q4). Company expects Peninsula to publish a dividend and an NAV around $2. Quinsam is carrying the position at $1.45, implying a potential upside of ~37.9% versus carrying value if it trades at NAV. Transitioning Peninsula from the private to public portfolio is expected to move ~ $0.02 of NAV into the public portfolio.
Negative Updates
Timing Uncertainty for Key Listings
Peninsula Capital listing timing is uncertain (expected in September rather than August). Other private-to-public transitions (Pelican AI, Longview Gold, Bon Intelligence) have uncertain timing and could be delayed beyond current expectations, making near-term NAV impacts unpredictable.
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Q2-2026 Updates
Positive
Negative
Peninsula Capital IPO Expected to Boost NAV
Peninsula Capital expected to list (likely Q3/Q4). Company expects Peninsula to publish a dividend and an NAV around $2. Quinsam is carrying the position at $1.45, implying a potential upside of ~37.9% versus carrying value if it trades at NAV. Transitioning Peninsula from the private to public portfolio is expected to move ~ $0.02 of NAV into the public portfolio.
Read all positive updates
Company Guidance
Management guided to a modestly positive Q3 driven mainly by the expected listing of Peninsula Capital (now likely in September), which Quinsam carries at $1.45 and expects to have an NAV of about $2 plus a dividend; that listing should move roughly $0.02 of NAV from the private to the public portfolio and management estimates the portfolio could be up about $0.002–$0.003 as of today. They also expect smaller listings to be positive (Pelican AI in Q3; Longview Gold and Bon Intelligence possibly in Q4), noted a ~$250,000 investment in Bon Intelligence whose announced go‑public valuation is about 2x what Quinsam paid, said Q2 produced modest profits and some share retirements, confirmed an active issuer bid effectively buying stock at roughly $0.50 on the dollar, and reiterated they have cash to deploy and an increasing proportion of assets in the liquid portfolio.Quinsam Capital Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
78
Positive
Cash Flow
39
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | -7.10M | -1.90M | -7.39M | -1.54M | -1.20M |
| Gross Profit | -7.10M | -2.13M | -7.63M | -1.78M | -1.42M |
| EBITDA | 450.68K | -2.98M | -2.92M | -16.18M | 1.03M |
| Net Income | 450.68K | -3.02M | -2.02M | -15.52M | -2.48M |
Balance Sheet | |||||
| Total Assets | 9.64M | 9.26M | 12.40M | 14.85M | 31.93M |
| Cash, Cash Equivalents and Short-Term Investments | 251.82K | 313.23K | 1.18M | 855.37K | 58.38K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 86.28K |
| Total Liabilities | 105.79K | 125.69K | 158.35K | 279.80K | 1.18M |
| Stockholders Equity | 9.54M | 9.13M | 12.24M | 14.57M | 30.75M |
Cash Flow | |||||
| Free Cash Flow | -363.07K | -472.08K | 326.98K | 1.51M | 347.54K |
| Operating Cash Flow | -363.07K | -472.08K | 326.98K | 1.51M | 347.54K |
| Investing Cash Flow | 346.66K | -211.95K | 324.31K | 2.25M | -86.86K |
| Financing Cash Flow | -45.00K | -181.91K | -327.48K | -717.54K | -1.40M |
Quinsam Capital Technical Analysis
Positive
0.05
Price Trends
0.06
Positive
0.05
Positive
0.05
Positive
Market Momentum
>-0.01
Negative
70.69
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QCA, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 70.69 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QCA.
Quinsam Capital Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$7.45M | 0.29 | 46.26% | ― | 134.12% | 155.22% | |
70 Outperform | C$8.89M | 2.60 | 47.78% | 6.59% | -3.86% | 84.88% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | C$5.62M | 3.28 | 17.76% | ― | -280.28% | ― | |
52 Neutral | C$7.54M | -0.34 | -73.17% | ― | ― | -34.67% | |
44 Neutral | C$3.44M | -0.40 | -652.78% | ― | -353.26% | -152.00% | |
41 Neutral | C$4.02M | -2.98 | -155.49% | ― | 76.07% | 88.47% |
* Financial Sector Average
TSE:QCA
Quinsam Capital
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20.00%
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Quinsam Capital Corporate Events
Business Operations and StrategyStock BuybackFinancial Disclosures
Quinsam Capital Swings to Profit in Q2 and Highlights Portfolio IPO Pipeline
Positive
Aug 14, 2026
Quinsam Capital reported a turnaround in Q2 2026, posting net income of $0.4 million compared with a loss a year earlier, supported by strong performance from holdings such as EDM Resources and Deep Sea Minerals. Management highlighted upcoming pu...
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.