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WeCommerce Holdings Ltd. Class A
(TSX:TINY)
Select Model
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Rating:62Neutral
Price Target:
C$8.50
▼(-11.46% Downside)
Action:Reiterated
Date:12/07/25
Tiny Ltd. shows strong technical momentum and positive corporate developments, which are significant strengths. However, financial performance challenges, particularly in profitability and valuation concerns due to a negative P/E ratio, weigh down the overall score.
Positive Factors
Recurring subscription model
A subscription-based SaaS model creates predictable, recurring revenue and higher customer lifetime value. For an e-commerce tools platform serving SMBs, this supports steady cash flow, easier forecasting, and scalable unit economics as incremental customers add low-margin incremental revenue and add-ons over time.
Negative Factors
Declining revenue & margins
Sustained revenue decline and falling gross margins indicate weakening market traction or pricing pressure. Negative EBIT and net margins point to structural cost or monetization challenges; without margin recovery, the business struggles to self-fund growth and justify scaling investments over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring subscription model
A subscription-based SaaS model creates predictable, recurring revenue and higher customer lifetime value. For an e-commerce tools platform serving SMBs, this supports steady cash flow, easier forecasting, and scalable unit economics as incremental customers add low-margin incremental revenue and add-ons over time.
Read all positive factors
WeCommerce Holdings Ltd. Class A (TINY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$145.30M
Dividend YieldN/A
Average Volume (3M)5.87K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue Growth7.15%
EPS Growth26.82%
CountryCA
Employees450
SectorTechnology
Sector Strength88
IndustryAsset Management
Share Statistics
EPS (TTM)-1.39
Shares Outstanding29,294,718
10 Day Avg. Volume6,429
30 Day Avg. Volume5,866
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.74
Price to Sales (P/S)1.57
P/FCF Ratio15.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.00Price Target Upside4.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.75
Revenue Forecast (FY)C$216.29M
WeCommerce Holdings Ltd. Class A Business Overview & Revenue Model
Company Description
Tiny Capital is a private equity firm specializing in buyouts. The firm prefers to take both minority and majority stakes. The firm invest in all sector with primary focus on technology sector. The firm invest all around the world. The firm is bas...
How the Company Makes Money
WeCommerce Holdings generates revenue primarily through its subscription-based software services, which offer merchants access to a suite of e-commerce tools and resources. The company's key revenue streams include monthly or annual subscription f...
WeCommerce Holdings Ltd. Class A Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 192.35M | 194.23M | 185.50M | 153.66M | 38.58M | 21.28M |
| Gross Profit | 118.36M | 90.37M | 84.39M | 47.11M | 4.99M | 765.98K |
| EBITDA | 17.82M | -3.35M | 46.57M | 20.73M | 12.59M | 17.91K |
| Net Income | -30.40M | -48.68M | 13.94M | 3.36M | -842.92K | -4.42M |
Balance Sheet | ||||||
| Total Assets | 524.42M | 350.53M | 392.64M | 168.74M | 199.52M | 84.79M |
| Cash, Cash Equivalents and Short-Term Investments | 26.72M | 22.86M | 27.19M | 31.20M | 27.37M | 61.19M |
| Total Debt | 148.45M | 117.21M | 131.71M | 70.95M | 60.20M | 10.68M |
| Total Liabilities | 251.60M | 168.46M | 190.08M | 129.87M | 90.81M | 18.82M |
| Stockholders Equity | 213.58M | 174.90M | 193.88M | 28.53M | 108.72M | 65.97M |
Cash Flow | ||||||
| Free Cash Flow | 25.99M | 19.38M | 2.72M | 15.59M | 5.15M | 4.82M |
| Operating Cash Flow | 26.49M | 19.90M | 3.39M | 19.89M | 5.36M | 4.87M |
| Investing Cash Flow | -55.14M | -8.42M | -18.51M | -28.53M | -119.45M | -9.29M |
| Financing Cash Flow | 33.87M | -15.27M | 11.48M | 12.70M | 80.71M | 62.74M |
WeCommerce Holdings Ltd. Class A Technical Analysis
Positive
9.60
Price Trends
5.12
Positive
5.62
Positive
7.24
Negative
Market Momentum
0.08
Negative
73.70
Negative
61.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TINY, the sentiment is Positive. The current price of 9.6 is above the 20-day moving average (MA) of 4.99, above the 50-day MA of 5.12, and above the 200-day MA of 7.24, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 73.70 is Negative, neither overbought nor oversold. The STOCH value of 61.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TINY.
WeCommerce Holdings Ltd. Class A Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | C$121.28M | ― | 9.94% | 17.81% | 109.66% | ― | |
62 Neutral | C$145.30M | -60.58 | -16.03% | ― | 7.15% | 26.82% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | C$254.59M | -16.82 | -3.98% | ― | -20.10% | -63.44% | |
41 Neutral | C$3.84M | -1.47 | 282.17% | ― | ― | 88.19% |
* Technology Sector Average
TSE:TINY
WeCommerce Holdings Ltd. Class A
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WeCommerce Holdings Ltd. Class A Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Tiny Launches US$110 Million Bond Offering and Issuer Bid to Overhaul Capital Structure
Positive
Feb 2, 2026
Tiny Ltd. plans to raise up to US$110 million through a private placement of fixed-rate senior secured bonds due 2031, with the option to issue an additional US$40 million subject to certain conditions, and has engaged Pareto Securities AS as glob...
Business Operations and StrategyDelistings and Listing ChangesFinancial DisclosuresM&A Transactions
Tiny Ltd. Reports Strong Q3 2025 Results with Revenue and Strategic Growth
Positive
Nov 13, 2025
Tiny Ltd. reported a strong financial performance for Q3 2025, with a 16% increase in total revenue and a significant rise in recurring revenue by 72% year-over-year. The company also achieved a notable reduction in net debt to adjusted EBITDA rat...
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.