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Thinkific Labs
(TSX:THNC)
Thinkific Labs (THNC) vs. S&P 500 (SPY)
Thinkific Labs Business Overview & Revenue Model
Thinkific Labs Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 45.09M | 66.94M | 59.05M | 51.48M | 38.12M | 21.07M | Gross Profit |
| 33.86M | 50.31M | 44.56M | 39.11M | 29.21M | 16.62M | EBIT |
| -36.65M | -2.44M | -13.54M | -30.94M | -24.31M | -1.47M | EBITDA |
| -35.80M | -1.06M | -9.26M | -30.44M | -23.63M | -1.19M | Net Income Common Stockholders |
| -45.65M | -237.00K | -9.78M | -41.90M | -28.44M | -1.11M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 87.31M | 49.49M | 86.61M | 93.85M | 126.05M | 9.07M | Total Assets |
| 97.04M | 61.37M | 97.79M | 102.97M | 132.40M | 12.94M | Total Debt |
| 875.00K | 1.77M | 1.03M | 1.96M | 875.26K | 1.36M | Net Debt |
| -86.44M | -47.72M | -85.58M | -91.89M | -125.18M | -7.70M | Total Liabilities |
| 18.20M | 19.77M | 15.85M | 15.12M | 10.79M | 7.63M | Stockholders Equity |
| 78.84M | 41.59M | 81.94M | 87.85M | 121.61M | 5.31M |
| Cash Flow | Free Cash Flow | ||||
| -31.95M | 6.75M | -5.44M | -27.11M | -18.91M | 2.34M | Operating Cash Flow |
| -30.32M | 6.99M | -5.43M | -25.85M | -18.26M | 2.63M | Investing Cash Flow |
| -1.63M | -166.00K | 53.37K | -1.26M | -655.16K | -289.80K | Financing Cash Flow |
| -299.39K | -42.60M | -2.41M | -241.18K | 138.26M | 3.15M |
Thinkific Labs Technical Analysis
Thinkific Labs Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $13.44B | 69.58 | 10.92% | ― | 16.07% | 25.71% | |
75 Outperform | $1.12B | 34.94 | 41.12% | ― | 20.52% | 246.69% | |
74 Outperform | $10.09B | 11.47 | 15.87% | 3.71% | -8.74% | 307.82% | |
70 Outperform | C$5.60B | 406.13 | 2.32% | ― | 15.14% | -31.45% | |
63 Neutral | C$2.32B | ― | -5.18% | ― | 23.95% | 39.68% | |
60 Neutral | $11.64B | 10.63 | -6.94% | 2.93% | 7.63% | -11.15% | |
58 Neutral | C$174.83M | 117.19 | 2.02% | ― | 16.58% | ― |
Thinkific Labs Earnings Call Summary
Thinkific Labs Corporate Events
Thinkific Labs Inc. reported a strong start to 2025 with a 12% year-over-year increase in revenue, reaching $17.8 million in the first quarter. The company saw significant growth in its commerce and subscription revenues, attributed to improvements in customer onboarding and a focused strategy. Thinkific’s financial performance was bolstered by a net income of $0.4 million, a notable improvement from the previous year’s loss, and a consistent gross margin of 74%. The company also maintained a robust cash flow from operations, highlighting the resilience of its financial model. Operationally, Thinkific was recognized for its customer service and education software products, and it launched an integration with HubSpot, enhancing its enterprise-grade solutions.
Spark’s Take on TSE:THNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:THNC is a Neutral.
Thinkific Labs’ overall stock score reflects a mix of strong revenue growth and improved cash flow management, offset by consistent net losses and valuation concerns. The bearish technical indicators suggest caution, although recent positive corporate events provide some optimism for future strategic growth.
To see Spark’s full report on TSE:THNC stock, click here.
Thinkific Labs Inc. has completed a capital reorganization that converts all Multiple Voting Shares into Single Voting Common Shares, which will trade on the Toronto Stock Exchange under the same symbol. This move is expected to streamline the company’s share structure and potentially enhance market perception, impacting stakeholders positively by simplifying the equity framework.
Spark’s Take on TSE:THNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:THNC is a Neutral.
Thinkific Labs’ score of 55 reflects a mixed outlook. Strong revenue growth and improved cash flow management are key positives, while consistent net losses and a challenging valuation environment weigh on the overall score. Despite bearish technical indicators, positive corporate events and a stable balance sheet provide some offsetting strengths.
To see Spark’s full report on TSE:THNC stock, click here.
Thinkific Labs Inc. has announced the conversion of its Multiple Voting Shares into Single Voting Common Shares, effectively eliminating its dual-class share structure. This strategic move aims to align voting rights with economic interests, reflecting the company’s commitment to shareholder equality and governance best practices. The change is expected to enhance shareholder value by increasing public float and liquidity, demonstrating Thinkific’s confidence in its growth trajectory and dedication to maximizing long-term value for shareholders.
Spark’s Take on TSE:THNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:THNC is a Neutral.
Thinkific Labs shows strong potential with robust revenue growth and improved cash flow, but consistent net losses and high operational costs dampen profitability. Technical indicators suggest a bearish trend, and a negative P/E ratio presents valuation challenges. Positive corporate events underscore strategic growth, but financial performance and valuation concerns weigh heavily on the overall score.
To see Spark’s full report on TSE:THNC stock, click here.
Thinkific Labs Inc. announced it will release its first quarter 2025 financial results on May 6, 2025, after market close. The company will host a conference call and webcast to discuss the financial and operational results, reflecting its ongoing commitment to transparency and engagement with stakeholders.
Spark’s Take on TSE:THNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:THNC is a Neutral.
Thinkific Labs shows strong potential with robust revenue growth and improved cash flow, but consistent net losses and high operational costs dampen profitability. Technical indicators suggest a bearish trend, and a negative P/E ratio presents valuation challenges. Positive corporate events underscore strategic growth, but financial performance and valuation concerns weigh heavily on the overall score.
To see Spark’s full report on TSE:THNC stock, click here.
Thinkific Labs Inc. announced its financial results for the fourth quarter and full year of 2024, highlighting a 13% year-over-year increase in revenue to $17.6 million and a significant improvement in cash flow from operations, which grew to $7 million from a loss of $5.4 million in 2023. The company has transitioned from cost-cutting to investing in profitable growth, with a focus on product innovation and exceptional service, earning recognition in G2’s 2025 Best Software Awards. This strategic shift positions Thinkific for continued growth alongside its customers, supported by a strengthened senior management team.
Thinkific has been recognized among the world’s top software companies in G2’s 2025 Best Software Awards, excelling in categories such as ‘Best Customer Service Software Products’, ‘Best Education Software Products’, and ‘Best Software Companies in Canada’. This recognition reflects Thinkific’s strong industry positioning and commitment to providing excellent tools and support for customer success, further solidifying its reputation in the cloud-based educational software sector.