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Topicus.Com, Inc. (TSE:TOI)
:TOI
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Topicus.com (TOI) AI Stock Analysis

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TSE:TOI

Topicus.com

(OTC:TOI)

Rating:72Outperform
Price Target:
C$210.00
▲(13.51% Upside)
Topicus.com shows a strong financial profile and positive corporate developments, which are the primary drivers of its score. However, high valuation metrics and overbought technical indicators suggest caution. The company's solid base in recurring revenue streams supports long-term stability, but strategic adjustments may be needed to stabilize growth in volatile segments.

Topicus.com (TOI) vs. iShares MSCI Canada ETF (EWC)

Topicus.com Business Overview & Revenue Model

Company DescriptionTopicus.com (TOI) is a leading provider of vertical market software solutions. The company operates in various sectors, including healthcare, finance, education, and social services, offering tailored software systems that enhance operational efficiency and service delivery within these industries. Topicus.com leverages its deep industry expertise to deliver innovative and integrated solutions that address specific client needs.
How the Company Makes MoneyTopicus.com makes money primarily through the sale and licensing of its specialized software products to organizations within its targeted vertical markets. The company's revenue streams include subscription fees for software-as-a-service (SaaS) offerings, one-time license fees for on-premise software solutions, and ongoing maintenance and support contracts. In addition to direct sales, Topicus.com may generate revenue through strategic partnerships and collaborations that expand its market reach and enhance its service offerings. The company focuses on delivering high-value products that enable recurring revenue streams while fostering long-term relationships with its clients.

Topicus.com Financial Statement Overview

Summary
Topicus.com demonstrates strong revenue and profit growth with notable metrics such as a TTM revenue growth rate of 3.79% and robust cash flow conversion. However, there is room for improvement in equity growth to balance liabilities.
Income Statement
82
Very Positive
Topicus.com demonstrates strong revenue and profit growth. The TTM revenue growth rate is notable at 3.79%, with gross profit and net profit margins of 36.54% and 7.34%, respectively. The EBIT margin stands at 16.48%, reflecting efficient cost management. Overall, the company shows robust profitability, contributing to a high score.
Balance Sheet
75
Positive
The balance sheet is solid with a reasonable debt-to-equity ratio of 0.92, reflecting manageable financial leverage. The equity ratio of 21.03% indicates a stable financial position. Return on Equity (ROE) at 22.98% showcases effective use of equity, though there is room for improvement in equity growth to balance liabilities.
Cash Flow
88
Very Positive
Topicus.com exhibits strong cash flow metrics with a free cash flow growth rate of 12.87%. The operating cash flow to net income ratio is an impressive 3.97, indicating high cash generation efficiency. Free cash flow to net income ratio is robust at 3.88, emphasizing strong cash conversion and liquidity.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.29B1.12B916.68M742.54M493.99M
Gross Profit471.35M399.63M325.55M269.36M190.79M
EBITDA376.30M313.11M251.99M-2.08B159.32M
Net Income91.99M71.75M87.61M-2.22B63.68M
Balance Sheet
Total Assets1.54B1.44B1.29B1.03B641.14M
Cash, Cash Equivalents and Short-Term Investments206.16M179.06M136.77M75.33M55.64M
Total Debt351.83M287.83M328.88M226.91M103.16M
Total Liabilities1.00B842.67M827.01M672.69M376.46M
Stockholders Equity311.28M339.18M266.10M-705.60M264.68M
Cash Flow
Free Cash Flow339.34M238.78M195.71M171.04M149.46M
Operating Cash Flow347.63M246.56M203.01M176.42M151.87M
Investing Cash Flow-110.22M-127.20M-133.41M-213.43M-74.25M
Financing Cash Flow-211.60M-77.98M-8.15M56.69M-50.02M

Topicus.com Technical Analysis

Technical Analysis Sentiment
Positive
Last Price185.00
Price Trends
50DMA
177.26
Positive
100DMA
165.62
Positive
200DMA
146.63
Positive
Market Momentum
MACD
3.51
Positive
RSI
53.26
Neutral
STOCH
40.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TOI, the sentiment is Positive. The current price of 185 is below the 20-day moving average (MA) of 185.18, above the 50-day MA of 177.26, and above the 200-day MA of 146.63, indicating a neutral trend. The MACD of 3.51 indicates Positive momentum. The RSI at 53.26 is Neutral, neither overbought nor oversold. The STOCH value of 40.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TOI.

Topicus.com Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
C$15.42B94.2827.12%20.69%40.43%
60
Neutral
€2.32B12.10-1.78%1.58%5.63%-16.73%
$2.23B-1.76%
60
Neutral
C$266.04M-2.67%-1.72%76.81%
55
Neutral
C$741.49M-39.72%0.69%2.47%19.37%
$984.50M30.46-20.44%
69
Neutral
C$848.91M-17.77%10.09%-8.79%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TOI
Topicus.com
185.00
64.40
53.40%
BB
BlackBerry
3.74
1.56
71.56%
TSE:STC
Sangoma Technologies
7.94
0.93
13.27%
TSE:DND
Dye & Durham
11.04
-1.77
-13.82%
TIXT
TELUS International (CDA)
3.58
0.58
19.33%
TSE:CVO
Coveo Solutions
8.85
2.63
42.28%

Topicus.com Corporate Events

Business Operations and StrategyFinancial Disclosures
Topicus.com Inc. Reports Strong Revenue Growth Amid Cash Flow Challenges in Q2 2025
Neutral
Aug 1, 2025

Topicus.com Inc. reported a 20% increase in revenue for Q2 2025, reaching €372.0 million, driven by both acquisitions and a 5% organic growth. Despite the revenue growth, the company faced a decline in cash flows from operations and free cash flow available to shareholders, highlighting challenges in cash management and operational efficiency.

The most recent analyst rating on (TSE:TOI) stock is a Buy with a C$170.00 price target. To see the full list of analyst forecasts on Topicus.com stock, see the TSE:TOI Stock Forecast page.

Financial Disclosures
Topicus.com Inc. Schedules Q2 Results Release for August 1
Neutral
Jul 14, 2025

Topicus.com Inc. announced it will release its second quarter results on August 1, 2025, after market close. The results will be available via press release and on the company’s website, as well as the SEDAR website. This announcement is part of the company’s regular financial reporting and may impact stakeholders’ expectations and market positioning.

The most recent analyst rating on (TSE:TOI) stock is a Buy with a C$170.00 price target. To see the full list of analyst forecasts on Topicus.com stock, see the TSE:TOI Stock Forecast page.

Private Placements and FinancingM&A Transactions
Topicus.com Secures €200 Million Schuldschein Loan to Boost Growth
Positive
Jun 30, 2025

Topicus.com Inc. has successfully completed a €200 million senior unsecured Schuldschein loan through its subsidiary, Topicus.com Coöperatief U.A. The loan, initially launched at €100 million, was doubled due to strong interest from institutional lenders. The funds are intended for general corporate purposes and mergers and acquisitions, enhancing the company’s capital structure and debt maturity profile.

The most recent analyst rating on (TSE:TOI) stock is a Buy with a C$195.00 price target. To see the full list of analyst forecasts on Topicus.com stock, see the TSE:TOI Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
Topicus.com Expands European Presence with Cipal Schaubroeck Acquisition
Positive
Jun 2, 2025

Topicus.com Inc., through its subsidiary Total Specific Solutions (TSS) B.V., has completed the acquisition of Cipal Schaubroeck NV in Belgium. This acquisition is expected to strengthen Topicus.com’s position in the European software market by expanding its portfolio of mission-critical software solutions, thereby enhancing its service offerings to stakeholders in various sectors.

The most recent analyst rating on (TSE:TOI) stock is a Buy with a C$170.00 price target. To see the full list of analyst forecasts on Topicus.com stock, see the TSE:TOI Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Topicus.com Inc. Elects New Board Members
Neutral
May 13, 2025

Topicus.com Inc. announced the election of five new members to its board of directors during the annual general meeting on May 13, 2025. This change in leadership, with the departure of Jane Holden, is expected to influence the company’s strategic direction as it continues to expand its software solutions across Europe.

The most recent analyst rating on (TSE:TOI) stock is a Buy with a C$170.00 price target. To see the full list of analyst forecasts on Topicus.com stock, see the TSE:TOI Stock Forecast page.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Topicus.com Inc. Reports Strong Q1 2025 Financial Results with Strategic Acquisitions
Positive
May 7, 2025

Topicus.com Inc. reported a strong financial performance for the first quarter of 2025, with a 16% increase in revenue to €355.6 million, driven by both organic growth and acquisitions. The company’s strategic acquisition of shares in Asseco Poland S.A. and increased cash flows from operations highlight its robust market positioning and potential for continued growth, benefiting stakeholders and enhancing its competitive edge in the software industry.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Topicus.com Inc. Reports Strong Q1 2025 Financial Results
Positive
May 7, 2025

Topicus.com Inc., in collaboration with Constellation Software Inc., reported a significant financial performance for the first quarter of 2025, with a 16% increase in revenue to €355.6 million driven by acquisitions and a 4% organic growth. The company’s strategic acquisition of shares in Asseco Poland S.A. and increased cash flows and net income highlight its robust operational growth and positive impact on stakeholders.

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.Date of analysis: Jul 18, 2025