UniDoc Health Corp (UDOC) AI Stock Analysis

• Market Cap: C$13.82M
• Dividend Yield: N/A
• Average Volume (3M): 67.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: 48.94%
• Country: CA
• Employees: N/A
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Healthcare Information Services
• EPS (TTM): -0.01
• Shares Outstanding: 86,350,090
• 10 Day Avg. Volume: 18,137
• 30 Day Avg. Volume: 67,001
• PEG Ratio: -0.02
• Price to Book (P/B): 28.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.44
• 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: 44 Neutral
• Price Target: C$0.15 ▼(-2.67% Downside)

The score is primarily constrained by very weak financial performance—large losses, significant cash burn, and negative equity. Technicals also lean bearish with the price below all key moving averages and negative MACD, despite oversold signals. Positive corporate developments support commercialization momentum, but are not yet reflected in profitability or cash flow.

Positive Factors

Market Expansion

The installation of H3 Health Cubes in Italy as part of a government-led initiative enhances UniDoc's market reach and positions it as a key player in eHealth, potentially driving long-term growth.

Strategic Partnerships

Partnership with Verizon to showcase Health Cubes in Innovation Labs could expand UniDoc's visibility and credibility in the virtual care market, fostering potential new business opportunities.

Product Recognition

Participation in ANCI 2025 and designation as preferred eHealth equipment in Italy enhances product recognition and aligns with local healthcare priorities, supporting long-term market integration.

Negative Factors

Operating Losses

Significant operating losses relative to revenue indicate a business model that is not yet sustainable, posing a risk to long-term profitability and financial health.

Cash Burn

High cash burn and negative free cash flow suggest ongoing funding challenges, which could limit UniDoc's ability to invest in growth and sustain operations without external financing.

Negative Equity

Negative equity reflects a weak capital structure, increasing financial risk and limiting flexibility, which could constrain UniDoc's ability to navigate economic challenges and invest in growth.

UniDoc Health Corp Business Overview & Revenue Model

Company Description

UniDoc Health Corp. operates as a virtual health/telemedicine solutions company in Canada. It offers Virtual Health Clinics, a customizable solution that offers safe and secure ways to connect patients in urban, rural, and remote locations with medical care, as well as delivers rapid and real-time diagnostic testing, and supplies therapeutic treatment with continued health monitoring. The company was formerly known as Unicheck Holdings Corp. and changed its name to UniDoc Health Corp. in April 2021. UniDoc Health Corp. was incorporated in 2021 and is based in Vancouver, Canada.

How the Company Makes Money

UniDoc Health Corp generates revenue primarily through subscription fees for its telemedicine platform, which healthcare providers pay to access the company's suite of digital tools and services. Additionally, the company earns income from licensing its technology to clinics and hospitals, as well as through strategic partnerships with healthcare organizations and insurance companies that integrate UniDoc's solutions into their service offerings. These partnerships often include revenue-sharing agreements, further contributing to UniDoc's earnings. The company may also benefit from government grants and funding initiatives aimed at promoting digital health technologies.

UniDoc Health Corp Financial Statement Overview

Summary

UniDoc Health Corp presents a challenging financial picture with zero revenue generation, negative margins, and consistent losses across income, balance sheet, and cash flow statements. The company's financial health is precarious, with negative equity and poor cash flow ratios indicating financial instability.

Income Statement

UniDoc Health Corp has consistently reported zero revenue, resulting in negative margins across the board. The lack of revenue growth and persistent net losses highlight significant challenges in achieving profitability. The company's negative gross profit and EBIT margins further emphasize the urgent need to generate sales to improve financial health.

Balance Sheet

The company's balance sheet indicates concerning financial instability, with stockholders' equity being negative in several periods. While the debt-to-equity ratio is relatively low due to minimal debt, negative equity and a low equity ratio suggest financial distress and potential solvency issues.

Cash Flow

UniDoc Health Corp's cash flow situation is precarious, with negative free cash flow and operating cash flow ratios indicative of continuous cash burn. The operating cash flow to net income ratio is poor, and the reliance on financing activities to cover cash deficits points to unsustainable operations without strategic changes.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	458.59K	0.00	0.00	0.00	0.00	0.00
Gross Profit	106.44K	-37.57K	-68.26K	-15.25K	-64.22K	0.00
EBITDA	-3.84M	-5.93M	-2.18M	-2.99M	-1.28M	-237.32K
Net Income	-4.05M	-6.06M	-2.26M	-3.00M	-1.36M	-237.32K
Balance Sheet
Total Assets	1.78M	2.91M	517.08K	1.18M	320.47K	288.40K
Cash, Cash Equivalents and Short-Term Investments	344.38K	1.25M	398.88K	854.43K	51.32K	281.84K
Total Debt	47.97K	68.68K	74.86K	79.29K	94.79K	200.00K
Total Liabilities	2.64M	2.24M	2.38M	721.60K	1.22M	425.13K
Stockholders Equity	-857.08K	664.52K	-1.86M	456.28K	-900.79K	-136.73K
Cash Flow
Free Cash Flow	-4.72M	-7.66M	-559.92K	-2.44M	-818.36K	17.25K
Operating Cash Flow	-4.39M	-7.40M	-559.92K	-2.39M	-755.59K	17.25K
Investing Cash Flow	-328.69K	-257.76K	0.00	-51.24K	-62.77K	0.00
Financing Cash Flow	4.70M	8.51M	907.48K	3.01M	15.25K	264.59K

UniDoc Health Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:UDOC, the sentiment is Neutral. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.43 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:UDOC.

UniDoc Health Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
ADK	50 Neutral	C$35.65M	-7.34	―	―	-48.53%	-9.66%
AIDR	48 Neutral	C$64.58M	-4.36	-207.53%	―	―	7.04%
CHS	45 Neutral	C$10.41M	-2.74	―	―	16.04%	-455.38%
UDOC	44 Neutral	C$13.82M	-2.77	―	―	―	48.94%
NARA	42 Neutral	C$8.01M	-1.73	―	―	―	81.01%

UniDoc Health Corp Corporate Events

UniDoc Expands eHealth Footprint with H3 Health Cube Installation in Italy

UniDoc Health Corp. has successfully installed its H3 Health Cube in the Guardia Perticara Territorial eHealth Centre in Basilicata, Italy, in collaboration with its regional partner UniCheck SRL. The installation is part of a government-led eHealth initiative geared toward improving accessibility to healthcare services in underserved regions. The adaptable Health Cube was integrated into a historic site and is designed to offer primary care, specialized consultations, and diagnostic support, enhancing healthcare delivery for local communities and reinforcing UniDoc’s position as a key player in eHealth technologies.

UniDoc Health Corp Partners with Verizon to Showcase Health Cubes

UniDoc Health Corp has announced the sale and installation of three Health Cubes to Verizon for demonstration purposes within Verizon Innovation Labs. These installations, located in Los Angeles and San Francisco, with a third planned near Washington, D.C., are intended to showcase UniDoc’s virtual care capabilities, including clinician-assisted exams and remote monitoring, to enterprise visitors. This collaboration with Verizon marks a significant step in UniDoc’s commercialization efforts, potentially enhancing its industry positioning by demonstrating its technology to key decision-makers involved in connected care programs.

UniDoc Health Corp to Showcase H3 Health Cube at ANCI 2025 and Extends Marketing Partnership

UniDoc Health Corp will exhibit at the 42nd Annual ANCI Assembly in Bologna, Italy, highlighting its H3 Health Cube, which has been designated as preferred eHealth equipment in Italy. This participation aims to engage with municipal leaders to demonstrate the product and align its deployment with local healthcare priorities. Additionally, UniDoc has extended its marketing engagement with Rumble Strip Media Inc. to continue providing social media, marketing, and consulting services, reflecting the company’s strategic efforts to enhance its market presence and stakeholder engagement.

UniDoc Health Corp Closes $1.5 Million LIFE Offering

UniDoc Health Corp has successfully closed its non-brokered private placement LIFE offering, raising $1.5 million through the issuance of 10 million units. The proceeds will be used for inventory, marketing, investor relations, working capital, and general corporate purposes, potentially strengthening the company’s market position and operational capabilities.