Deveron Corp. provides data collection and analytics services to the agricultural sector in Canada and the U.S. While it boasts a strong gross margin of 57.5%, its negative EBITDA and net margins indicate significant operational challenges, with a net margin of -98.8%. The current ratio of 0.10 raises liquidity concerns, suggesting potential difficulties in meeting short-term obligations. Overall, the high gross margin contrasts sharply with the low valuation and financial health score, indicating that while the business model has potential, execution and financial stability are pressing issues.
Loading financial metrics...
Revenue fell 19.0% year-over-year from $37.4M to $30.3M. The decline has persisted for multiple quarters.
Company posted a loss of $-52.0M over the last year, representing 171.6% of revenue.
Debt of $44.8M is 59.5x the company's cash position of $753K.
Gross margin expanded by 8.8 percentage points, indicating improved pricing power or cost efficiency.
Exceptional gross margin of 63.6% indicates strong pricing power and competitive moat.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
Other Information Technology Services companies of a similar size
Based on 2025-Q1 (March 31, 2025)