Visionstate (VIS) AI Stock Analysis

• Market Cap: C$7.75M
• Dividend Yield: N/A
• Average Volume (3M): 86.23K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.50
• Revenue Growth: -6.76%
• EPS Growth: 54.64%
• Country: CA
• Employees: 7
• Sector: Technology
• Sector Strength: 90
• Industry: Information Technology Services
• EPS (TTM): 0.00
• Shares Outstanding: 258,326,320
• 10 Day Avg. Volume: 137,511
• 30 Day Avg. Volume: 86,231
• PEG Ratio: 4.93
• Price to Book (P/B): 18.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.76
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

The most significant factor affecting Visionstate's stock score is its precarious financial health, characterized by operational losses and high leverage. However, the recent positive developments in corporate events, including product expansions and strategic partnerships, offer potential growth opportunities. Technical indicators suggest moderate positive sentiment, though valuation metrics highlight caution due to financial losses.

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 primarily generates revenue through the sale and licensing of its WANDA products and services. The company offers subscription-based models for its software solutions, enabling clients to leverage real-time analytics and reporting features. Additionally, Visionstate monetizes through ongoing customer support and maintenance services. Strategic partnerships with facilities management companies and other enterprise clients also contribute to its revenue by expanding its market reach and enhancing product offerings.

Visionstate Financial Statement Overview

Summary

Visionstate faces significant financial hurdles across all major financial statement areas. Persistent operational losses, high leverage, and negative cash flows characterize the company's financial health. While there are slight improvements in stockholder equity, the overall financial condition remains precarious, with a need for strategic recalibration to stabilize operations and improve profitability.

Income Statement

Visionstate's income statement reflects significant financial challenges. Gross profit margins are negative due to costs exceeding revenues. The company consistently reports negative EBIT and net income, indicating persistent operational losses. Revenue growth is inconsistent, with recent declines suggesting volatility in business operations.

Balance Sheet

The balance sheet shows a heavily leveraged structure with a debt-to-equity ratio that has improved but remains a concern. Negative stockholder equity in past periods reflects financial instability, though recent improvements in equity position are noted. The equity ratio remains weak, indicating dependence on debt financing.

Cash Flow

Visionstate's cash flow statements highlight substantial negative operating cash flows, suggesting operational inefficiencies. Free cash flow remains negative, impacting liquidity. Despite high financing activity, cash generation from operations is insufficient to cover business needs, indicating financial strain.

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
EBITDA	-891.81K	-1.69M	-573.90K	-981.91K	-610.34K
Net Income	-933.16K	-1.73M	-621.13K	-1.04M	-722.67K
Balance Sheet
Total Assets	826.07K	386.62K	976.75K	1.49M	290.28K
Cash, Cash Equivalents and Short-Term Investments	456.48K	89.77K	19.80K	635.96K	-27.70K
Total Debt	170.76K	243.59K	251.54K	180.50K	243.08K
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: Neutral
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VIS, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.19 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:VIS.

Visionstate Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VIS	54 Neutral	C$7.75M	―	-482.34%	―	-6.76%	54.64%
Sector *	50 Neutral	C$3.03B	2.50	-63.12%	2.26%	4.49%	-6.07%
DM	46 Neutral	C$2.03M	―	-158.04%	―	49.97%	67.56%
NOSUF	―	$1.64M	―		―	―	―
POSAF	―	$4.70M	―	-299.37%	―	―	―
PAID	47 Neutral	C$9.23M	―	99.64%	―	39.88%	0.20%
DCSX	―	$5.47M	―		―	―	―

Visionstate Corporate Events

Visionstate Expands Wanda Solution Amid Growing Market Demand

Visionstate Corp. has announced the expansion of its Wanda smart facility solution to a new post-secondary institution in Ontario and a Class A office tower in New York City. This expansion is driven by the upcoming enforcement of Bill 190 in Ontario, which mandates digital restroom cleaning logs, and highlights the growing market momentum and industry confidence in Wanda. The company’s strategic partnerships with building service contractors are facilitating rapid scaling and compliance with the new legislation, positioning Visionstate for mass adoption and increased recurring revenue.

Visionstate Expands WandaLITE Deployment Beyond Ontario Amid Growing Demand

Visionstate Corp. has announced the first deployment of its WandaLITE solution outside Ontario, marking a significant step in its national expansion. The adoption at a regional airport highlights the growing demand for the technology, which offers an easy-to-implement, data-driven approach to facility cleanliness and compliance. This move signals a broader shift in how organizations approach public health and operational efficiency. Additionally, Visionstate is advancing its AI initiative to optimize cleaning operations, further enhancing its technological offerings.

Visionstate Unveils MIRA to Revolutionize Facility Inspections

Visionstate Corp. has launched MIRA, a new software-as-a-service platform aimed at digitizing facility inspections to improve accuracy, accountability, and efficiency. MIRA, an extension of the company’s Wanda platform, offers real-time reporting, customizable checklists, and secure cloud-based data storage, providing a seamless transition from paper-based methods. This launch marks a significant business milestone, introducing a new recurring revenue stream and enhancing Visionstate’s position in the facility management industry. Early interest in MIRA is strong, with pilots underway in sectors like education, healthcare, and municipal government, highlighting its potential to streamline compliance and operational processes.

Visionstate Sees Increased Demand for WandaLITE Amid Ontario’s New Hygiene Legislation

Visionstate Corp. has experienced a surge in demand for its WandaLITE solution following the enactment of Ontario’s Bill 190, which requires public-facing businesses to display and track restroom cleaning schedules. This legislation affects thousands of businesses and is expected to drive significant revenue for Visionstate, as WandaLITE offers a digital compliance solution that replaces traditional paper logs with real-time, cloud-based reporting. The company is actively expanding its customer base in Ontario, including major municipalities and hospitals, and anticipates similar legislation in other Canadian provinces, positioning itself as a leader in smart facility management.

Visionstate Unveils New Tech Solutions at Bunzl Conference

Visionstate Corp. successfully launched two new technology solutions, MIRA and WandaLITE, at the Bunzl National Sales Conference. MIRA is an auditing and inspections software aimed at major grocery chains, while WandaLITE is designed to help businesses comply with Ontario’s Bill 190 regarding restroom cleaning records. These products are expected to open significant revenue streams and enhance Visionstate’s market presence in Canada and beyond.

Visionstate Corp. Seeks Extension on Warrant Expiry Dates

Visionstate Corp. has announced its application to the TSX Venture Exchange to extend the expiry dates of two sets of common share purchase warrants, originally set to expire in 2025, by two years to 2027. This move, subject to regulatory approval, aims to provide stakeholders with extended opportunities for investment and reflects Visionstate’s ongoing commitment to enhancing its financial strategies and market presence.