GoldSpot Discoveries (SPOT) AI Stock Analysis

• Market Cap: C$49.97M
• Dividend Yield: N/A
• Average Volume (3M): 121.74K
• Price to Earnings (P/E): 2.4
• Beta (1Y): 1.12
• Revenue Growth: 37.95%
• EPS Growth: N/A
• Country: CA
• Employees: 32
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.15
• Shares Outstanding: 138,799,090
• 10 Day Avg. Volume: 95,152
• 30 Day Avg. Volume: 121,743
• PEG Ratio: 0.06
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 2.93
• P/FCF Ratio: -6.78
• 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: 74 Outperform
• Price Target: C$0.40 ▲(34.67% Upside)

GoldSpot Discoveries' strong financial performance, particularly in profitability and balance sheet strength, is the most significant factor in its overall score. The company's low P/E ratio suggests it may be undervalued, providing potential upside. However, technical indicators show moderate strength, and cash flow challenges pose a risk to liquidity.

Positive Factors

High Profitability Margins

Exceptionally high gross and net margins indicate software-like economics from GoldSpot's analytics services, allowing strong internal reinvestment capacity and the ability to fund R&D and partnerships. Durable margins support long-term profitability if service mix remains high-margin and scalable.

Low Leverage & Strong ROE

Very low leverage and a high ROE provide financial flexibility to pursue projects, absorb industry cyclicality, and fund growth without heavy interest burdens. This structural balance-sheet strength reduces solvency risk and supports strategic investments and joint-venture participation over the medium term.

Technology-Driven, Partnership Model

A technology-led consulting model with proprietary AI/ML targeting and equity upside aligns incentives with mining clients and creates recurring, high-value engagements. Strategic partnerships and project equity stakes provide long-term deal-flow optionality and potential upside beyond fee-based revenue.

Negative Factors

Negative Operating & Free Cash Flow

Persistently negative operating and free cash flows and steep FCF decline indicate cash-generation instability. Over 2–6 months this can constrain hiring, R&D, or project investment, potentially forcing external financing or equity dilution and limiting the firm's ability to capitalize on growth opportunities.

Historical Margin Volatility

Past swings in EBIT/EBITDA margins point to lumpy, project-driven revenue and cost timing. This undermines predictability of cash generation and profitability, complicating long-term planning for resource allocation, R&D pacing, and scaling of service delivery across multiple, concurrent exploration projects.

Small Team / Scaling Risk

A small employee base limits capacity to scale simultaneous large engagements, heightening key-person and execution risk. Sustained growth will likely require material hiring and process scaling; failure to expand talent efficiently could slow revenue growth and strain delivery quality over the medium term.

GoldSpot Discoveries Business Overview & Revenue Model

Company Description

GoldSpot Discoveries (SPOT) is a technology-driven mining company that specializes in mineral exploration and development. Utilizing advanced data analytics, artificial intelligence, and machine learning, GoldSpot enhances the efficiency and effectiveness of mineral exploration, particularly in the gold sector. The company's services include providing geological analysis, targeting mineral deposits, and optimizing exploration strategies for mining companies.

How the Company Makes Money

GoldSpot Discoveries generates revenue primarily through its consulting services, where it partners with mining companies to provide advanced data analytics and exploration solutions. The company charges fees for its proprietary technology and expertise in identifying and evaluating mineral resources. Additionally, GoldSpot may earn revenue through equity stakes in the projects it helps to develop, receiving a share of the value created from successful mineral discoveries. Strategic partnerships with established mining firms also contribute to its earnings, as these collaborations often lead to joint ventures and revenue-sharing agreements.

GoldSpot Discoveries Financial Statement Overview

Summary

GoldSpot Discoveries shows strong revenue growth and a solid balance sheet with low leverage. However, significant profitability challenges persist, with negative net income and EBIT margins. Cash flow improvements are promising but need further enhancement for operational efficiency and shareholder returns.

Income Statement

GoldSpot Discoveries shows a significant revenue growth rate of 85.15% TTM, indicating strong top-line expansion. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin remains high at 98.94%, suggesting efficient cost management at the gross level, but operational and net profitability need improvement.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.039, indicating conservative leverage. However, the return on equity is negative, reflecting challenges in generating returns for shareholders. The equity ratio is strong, suggesting a solid capital structure, but profitability issues persist.

Cash Flow

Cash flow metrics show improvement, with a free cash flow growth rate of 145.81% TTM. The operating cash flow to net income ratio is positive, indicating some cash generation capability. However, the free cash flow to net income ratio suggests that cash flows are not fully translating into profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.58M	7.52M	1.93M	-6.84M	16.12M	17.46M
Gross Profit	15.38M	7.00M	686.28K	-8.01M	15.82M	17.46M
EBITDA	23.14M	-5.55M	-17.43M	-24.19M	3.13M	11.97M
Net Income	20.77M	-6.19M	-16.62M	-6.85M	11.04M	10.38M
Balance Sheet
Total Assets	75.18M	44.93M	49.25M	63.27M	73.13M	23.73M
Cash, Cash Equivalents and Short-Term Investments	67.10M	38.82M	42.46M	49.37M	49.73M	22.29M
Total Debt	1.69M	1.76M	2.14M	139.51K	226.74K	281.58K
Total Liabilities	11.40M	7.11M	5.59M	5.18M	12.11M	5.34M
Stockholders Equity	63.78M	37.83M	43.66M	58.10M	61.02M	18.29M
Cash Flow
Free Cash Flow	-140.22K	-3.25M	-17.67M	18.65M	-10.74M	462.11K
Operating Cash Flow	-85.92K	-3.15M	-17.24M	18.66M	-9.44M	486.65K
Investing Cash Flow	-51.70K	-96.02K	-2.94M	206.11K	-8.39M	-700.34K
Financing Cash Flow	-55.23K	-198.38K	56.30K	-74.22K	19.91M	-81.35K

GoldSpot Discoveries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 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:SPOT, the sentiment is Positive. The current price of 0.3 is below the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.29, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 65.47 is Neutral, neither overbought nor oversold. The STOCH value of 53.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPOT.

GoldSpot Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPOT	74 Outperform	C$49.97M	2.41	39.00%	―	37.95%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
DCSI	49 Neutral	C$5.84M	-1.10	―	―	33.92%	-402.25%
KNR	44 Neutral	C$104.58M	-3,571.43	-0.42%	―	-59.23%	-100.34%
DM	41 Neutral	C$7.32M	-0.84	-58.58%	―	-56.02%	91.71%
VIS	41 Neutral	C$6.46M	-4.35	-3428.85%	―	-15.33%	47.13%
FARM	40 Underperform	C$8.31M	-0.12	―	―	-18.97%	-55.19%

GoldSpot Discoveries Corporate Events

EarthLabs Reports Strong Q3 2025 Financial Results with Significant Investment Gains

EarthLabs Inc. reported significant financial growth for the third quarter of 2025, with net investment gains reaching $23.1 million, marking a 109.7% return on investments. The company also saw a 55.8% increase in advertising and sponsorship revenue compared to the previous year. EarthLabs ended the quarter with $69.7 million in total cash, cash equivalents, and investments. The company’s strategic focus on disciplined capital allocation and operational efficiency has resulted in substantial net income growth, reinforcing its strong position in the mining sector and indicating promising future prospects.

The most recent analyst rating on (TSE:SPOT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on GoldSpot Discoveries stock, see the TSE:SPOT Stock Forecast page.