Findev Inc. is a Canadian real estate finance company that provides financing secured by investment properties and developments. A key strength is its impressive gross margin of 100%, indicating strong revenue potential; however, the negative EBITDA and net margins of -129.2% raise concerns about profitability. Additionally, while the current ratio of 15.55 suggests excellent liquidity, the absence of debt (0.00 debt/equity) may indicate underutilization of leverage. Overall, the high margins juxtaposed with poor profitability and low market cap present a mixed outlook.
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Company posted a loss of $-6.2M over the last year, representing 126.0% of revenue.
Excellent operating cash flow margin of 20.7% indicates high-quality earnings.
Debt-free balance sheet with a solid cash position, providing significant financial flexibility.
Excellent liquidity with current ratio of 15.5x ensures operational stability.
Low debt-to-revenue ratio of 0.0% indicates conservative financial management.
Free cash flow grew 11.7% YoY, providing more resources for growth and returns.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2026-Q2 (June 30, 2026)