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Thinkific Labs
(TSX:THNC)
Thinkific Labs (THNC) vs. iShares MSCI Canada ETF (EWC)
Thinkific Labs Business Overview & Revenue Model
Thinkific Labs Earnings Call Summary
Thinkific Labs Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 68.82M | 66.94M | 59.05M | 51.48M | 38.12M | 21.07M |
| Gross Profit | 51.61M | 50.31M | 44.56M | 39.11M | 29.21M | 16.62M |
| EBITDA | 305.00K | -1.06M | -9.26M | -30.44M | -23.63M | -1.19M |
| Net Income | 1.23M | -237.00K | -9.78M | -41.90M | -28.44M | -1.11M |
Balance Sheet | ||||||
| Total Assets | 61.90M | 61.37M | 97.79M | 102.97M | 132.40M | 12.94M |
| Cash, Cash Equivalents and Short-Term Investments | 51.37M | 49.49M | 86.61M | 93.85M | 126.05M | 9.07M |
| Total Debt | 1.66M | 1.77M | 1.03M | 1.96M | 875.26K | 1.36M |
| Total Liabilities | 19.93M | 19.77M | 15.85M | 15.12M | 10.79M | 7.63M |
| Stockholders Equity | 41.96M | 41.59M | 81.94M | 87.85M | 121.61M | 5.31M |
Cash Flow | ||||||
| Free Cash Flow | 6.96M | 6.75M | -5.44M | -27.11M | -18.91M | 2.34M |
| Operating Cash Flow | 7.09M | 6.99M | -5.43M | -25.85M | -18.26M | 2.63M |
| Investing Cash Flow | -132.00K | -166.00K | 53.37K | -1.26M | -655.16K | -289.80K |
| Financing Cash Flow | -41.73M | -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 |
|---|---|---|---|---|---|---|---|
75 Outperform | $12.01B | 60.73 | 10.66% | ― | 17.42% | 22.81% | |
75 Outperform | $10.53B | 11.96 | 15.87% | 3.52% | -8.74% | 307.82% | |
74 Outperform | C$5.70B | 408.43 | 2.32% | ― | 15.14% | -31.45% | |
74 Outperform | $1.19B | 37.51 | 41.12% | ― | 20.52% | 246.69% | |
63 Neutral | C$2.20B | ― | -33.64% | ― | 23.95% | 39.68% | |
63 Neutral | €10.05B | 18.64 | 6.74% | 1.75% | 2.60% | -31.99% | |
59 Neutral | C$139.38M | 93.67 | 2.02% | ― | 16.58% | ― |
Thinkific Labs Corporate Events
Thinkific Labs Inc. has announced a strategic rebrand and major product investments to enhance its platform with AI-powered features, aiming to meet the growing demand for monetizing expertise through education-based revenue models. This rebranding effort, which includes a new website and visual identity, positions Thinkific to support businesses in navigating the evolving landscape of digital education, emphasizing community-driven learning, learner engagement, and commerce tools. The company’s new direction aligns with industry trends where businesses are increasingly using education as a revenue-generating strategy, and Thinkific’s platform enhancements are designed to improve operational efficiency and learner outcomes.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific Labs Inc. announced the results of its annual general meeting, where all seven nominees proposed by management were elected to the Board of Directors. Additionally, KPMG LLP was appointed as the auditor for the ensuing year. These developments reinforce Thinkific’s governance structure and ensure continuity in its financial oversight, potentially strengthening its position in the learning commerce industry.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific Labs Inc. announced the closing of a secondary offering of approximately C$14.5 million of common shares held by the Rhino Group. The transaction involved the sale of 6,444,445 shares, representing about 9.47% of Thinkific’s outstanding shares, reducing Rhino Group’s stake from 23.92% to 14.45%. The net proceeds were directed to the Rhino Group, with no financial gain for Thinkific. The offering was conducted via a prospectus supplement and private placement, with lock-up agreements in place for the Rhino Group and key stakeholders, potentially stabilizing the company’s share price and market position.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific Labs Inc. announced that its Annual General Meeting will be held virtually on June 20, 2025. The company is utilizing notice-and-access procedures to distribute meeting materials electronically, encouraging shareholders to vote in advance. This virtual meeting format reflects Thinkific’s commitment to leveraging digital solutions to engage with stakeholders efficiently.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific Labs Inc. announced a secondary offering of approximately C$13 million of shares held by the Rhino Group, with no proceeds going to Thinkific itself. This transaction is designed to provide liquidity to Rhino Group’s investors, while maintaining their significant stake in Thinkific. The offering involves a lock-up agreement for Rhino Group and key Thinkific stakeholders, ensuring stability in shareholding. Additionally, Russ Mann is set to become the board chair, indicating a strategic leadership transition as Thinkific continues its growth trajectory.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific has been honored with the 2025 Top Rated Award from TrustRadius, highlighting its commitment to customer satisfaction through a robust learning commerce platform. This accolade is based on genuine customer reviews and reflects Thinkific’s dedication to empowering learning businesses with user-friendly solutions and excellent customer support. The recognition follows other significant achievements, including placements in G2’s 2025 Best Software Awards and TIME’s top global edtech companies list, reinforcing Thinkific’s strong industry positioning.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
Thinkific Labs Inc. announced its participation in the CIBC Technology & Innovation Conference on May 22, 2025, where Founder and CEO Greg Smith will engage in a fireside chat and host meetings with investors. This participation highlights Thinkific’s active engagement with the investment community, potentially enhancing its industry positioning and stakeholder relations.
The most recent analyst rating on (TSE:THNC) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Thinkific Labs stock, see the TSE:THNC Stock Forecast page.
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.
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.
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.
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.