Visionstate (VIS) AI Stock Analysis

• Market Cap: C$4.80M
• Dividend Yield: N/A
• Average Volume (3M): 102.78K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.30
• Revenue Growth: 11.96%
• EPS Growth: 59.43%
• Country: CA
• Employees: 7
• Sector: Technology
• Sector Strength: 44
• Industry: Information Technology Services
• EPS (TTM): >-0.01
• Shares Outstanding: 240,126,330
• 10 Day Avg. Volume: 26,234
• 30 Day Avg. Volume: 102,775
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 10.82
• Price to Cash Flow (P/CF): -6.20
• P/FCF Ratio: 0.00
• 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

Visionstate's stock score reflects significant financial challenges with operational inefficiencies and high leverage. Despite positive corporate events indicating potential growth and market expansion, the stock is under technical pressure with prices below key moving averages and a negative P/E ratio. Investors should remain cautious due to the current lack of profitability and reliance on external financing.

Visionstate Business Overview & Revenue Model

Company Description

Visionstate Corp. engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. The company, through its subsidiary, Visionstate IoT Inc., provides state-of-the-art IoT platform that tracks and monitors cleaning and maintenance activities in publicly accessible buildings and spaces. The company's principal product is WANDA, an IoT touch-screen solution that collects information on cleaning activities, monitors supply inventories, manages workforce, collects foot-traffic data using people sensors, and provides detailed analytics, reporting, and dashboards. Its product WANDA smart technology is used in hospitals, airports, shopping centers, and other public facilities across and beyond North America. The company is also investing in artificial intelligence (AI) applications through its ViCCi 2.0 product, which integrates conversational AI with customer service in brick and mortar locations. Visionstate Corp. is headquartered in Edmonton, Canada.

How the Company Makes Money

Visionstate generates revenue through the sale and licensing of its IoT solutions, particularly the Wanda platform, which offers hardware, software subscriptions, and data analytics services. The company's revenue streams include direct sales of IoT devices, recurring subscription fees for software services, and data analytics that help clients optimize operations and improve customer satisfaction. Significant partnerships with facilities management companies and commercial property operators also contribute to its earnings by expanding the reach and adoption of its solutions.

Visionstate Financial Statement Overview

Summary

Visionstate is experiencing significant financial challenges characterized by operational inefficiencies and high leverage. Despite revenue growth, profitability remains elusive. The balance sheet shows improvements in equity, but cash flow constraints and reliance on financing present risks. Strategic initiatives to enhance operational efficiency and financial stability are essential.

Income Statement

The income statement reveals a challenging scenario with consistent net losses, as demonstrated by a negative net profit margin. Revenue growth from 2023 to 2024 is promising at 70.2%, but the negative gross profit highlights cost management issues. The EBIT and EBITDA margins are substantially negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a modest improvement in stockholders’ equity, turning positive in 2024. However, the debt-to-equity ratio is impacted by low equity levels, and the equity ratio suggests limited financial stability. The reduction in total liabilities relative to assets is a positive aspect, but overall leverage remains a concern.

Cash Flow

Cash flow analysis indicates negative free cash flow, reflecting challenges in generating cash from operations. The operating cash flow to net income ratio is negative, aligning with substantial net losses. While financing activities provide liquidity support, reliance on external funding is evident.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
492.38K	289.24K	410.54K	540.64K	130.14K
	Gross Profit
-155.40K	-275.94K	365.01K	528.20K	121.09K
	EBIT
-876.85K	-951.58K	-591.27K	-291.74K	-724.75K
	EBITDA
-891.81K	-1.69M	-573.90K	-981.91K	-610.34K
	Net Income Common Stockholders
-933.16K	-1.73M	-621.13K	-1.04M	-722.67K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
456.48K	89.77K	19.80K	635.96K	-27.70K
	Total Assets
826.07K	386.62K	976.75K	1.49M	290.28K
	Total Debt
170.76K	243.59K	251.54K	180.50K	243.08K
	Net Debt
-285.72K	153.82K	231.74K	-455.45K	270.78K
	Total Liabilities
517.13K	641.27K	720.13K	830.21K	1.36M
	Stockholders Equity
308.94K	-254.65K	256.63K	655.03K	-1.07M
Cash Flow		Free Cash Flow
-671.66K	-1.01M	-766.04K	-536.56K	-316.36K
	Operating Cash Flow
-671.66K	-1.01M	-766.04K	-536.56K	-316.36K
	Investing Cash Flow
-63.00K	-22.75K	-109.98K	-1.29M	0.00
	Financing Cash Flow
1.10M	1.11M	259.86K	2.47M	381.43K

Visionstate Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VIS, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.73 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:VIS.

Visionstate Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FTEC	58 Neutral	C$2.00M	4.55	-981.49%	―	6.45%	―
Sector *	57 Neutral	$20.97B	10.32	-14.01%	2.49%	4.46%	-23.38%
GPK	56 Neutral	C$21.41M	168.75	4.08%	―	-73.81%	―
TGO	45 Neutral	C$20.00M	―	-119.27%	―	1.15%	25.39%
VIS	41 Neutral	C$4.80M	―	-3466.37%	―	11.96%	59.43%

Visionstate Corporate Events

Visionstate Corp. Closes Over-Subscribed Private Placement to Fuel US Expansion

Visionstate Corp. has successfully closed an over-subscribed private placement, raising $455,000 through the issuance of 18,200,000 units. This financing will support Visionstate’s growth initiatives, including expanding its WANDA solution into the US market, enhancing sales support, and investing in digital advertising and AI model development for facility management. The move is expected to bolster Visionstate’s market reach and diversify its revenue streams, reinforcing its commitment to delivering innovative technology solutions that improve operational efficiencies and customer experiences.

Visionstate Unveils New AI and Compliance Initiatives for Facility Management

Visionstate Corp. announced the launch of a standalone inspections application in early Q3, designed to streamline auditing processes for facility managers and integrate with its WANDA product. This initiative is expected to create a new revenue stream by digitizing processes and enhancing reporting capabilities. Additionally, Visionstate is collaborating with the Alberta Machine Intelligence Institute to develop an AI model for optimizing cleaning schedules, with completion anticipated in Q4 2025. This AI initiative aims to transform facility management by turning complex tasks into optimized processes. Visionstate has also updated its WANDA software to comply with Ontario’s new cleaning verification legislation, ensuring that facility managers can meet regulatory requirements effectively.

Visionstate’s WANDA Revolutionizes Facility Management in Banff

Visionstate Corp. has implemented its WANDA technology in Banff, Alberta, enhancing facility management in this popular tourist destination. The system offers real-time monitoring, automated alerts, and visitor counting to improve operational efficiency. It also allows the public to report issues via QR codes, aligning with industry trends towards digital cleaning management. This move supports recent Canadian legislative changes requiring digital tracking of cleaning activities, positioning Visionstate as a leader in modernizing facility management and ensuring compliance with evolving standards.

Visionstate Corp. Secures $450,000 Financing for US Expansion and AI Development

Visionstate Corp. has announced a non-brokered private placement of up to $450,000 to support its growth initiatives. The funds will be used to expand into the US market, particularly for its WANDA solution, and to enhance its AI model for facility management scheduling. This move is expected to bolster Visionstate’s market presence and diversify its revenue streams.

Visionstate Corp. Expands into U.S. Market with New Seattle Office

Visionstate Corp. has opened a new office in Seattle, Washington, as part of its strategic expansion into the U.S. market. This move aims to boost the adoption of its WANDA technology and strengthen customer and partner engagement. The Seattle office is expected to serve as a key hub for growth, leveraging the city’s innovative ecosystem and its proximity to Visionstate’s headquarters in Edmonton. Additionally, Visionstate is preparing for a U.S. listing, carefully timing its launch to align with favorable market conditions, which underscores the company’s commitment to maximizing shareholder value and long-term growth.

Visionstate’s WANDA Leads Digital Cleaning Revolution Amid Legislative Shifts

Visionstate Corp.’s WANDA solution is gaining traction as legislative changes in places like Ontario drive the adoption of Digital Cleaning Management Software to enhance workplace safety and compliance. With WANDA, organizations can streamline operations, provide real-time service alerts, and ensure adherence to health and safety standards, as demonstrated by Queen’s University’s successful implementation. This shift is expanding Visionstate’s sales pipeline as more industries realize the benefits of digital solutions in meeting new regulatory requirements.

Visionstate’s WANDA System Gains Traction in Canadian Municipalities

Visionstate Corp. has announced the increased adoption of its WANDA system by Canadian municipalities, including a key tourist destination. The system enhances public engagement and cleaning efficiency by using advanced task verification, data tracking, and public alert systems. This deployment includes people counters and QR codes for real-time data collection and public feedback, enabling better resource allocation and service standards. Visionstate’s WANDA is helping municipalities streamline operations and improve public perception, with interest from various sectors like education and manufacturing.

Visionstate Corp. Expands Reach with New Deals in Canada and the US

Visionstate Corp. announced new agreements in Canada and the US, emphasizing growth opportunities in the education sector. The partnerships in Canada involve building service contractors and a First Nations childcare facility, while in the US, a deal with a private school in Virginia highlights WANDA’s utility in streamlining event and cleaning processes. The company is capitalizing on increased interest in proactive monitoring solutions due to rising disease outbreaks, aiming for significant growth as it expands WANDA’s applications.