TSX/THNC (TSX/THNC)

Toronto Stock Exchange: TSX/THNC · CAD

CA$2.21

-0.03 (-1.3%)· Recorded snapshot

Market cap	148.7M
Revenue (ttm)	105.9M
Net income (ttm)	-1.3M
EPS (ttm)	-CA$0.02
Shares out	67.3M
P/E (forward)	159.6x
Volume	19,014
Beta	1.26

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 105.9M
Net income (ttm): -1.3M
EPS (ttm): -CA$0.02
P/E (forward): 159.6x
Market cap: 148.7M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 19:55 UTC

Forward P/E159.6

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-2.2

P25 n/aP50 n/aP75 n/a

ROIC-4.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/THNC indicators

Market & fundamental data

Available fields

197

Groups with data

Currency

USD

Showing 197 of 197 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-03
Employees	314
Employees change	39
Employees growth	14.18%
Enterprise value	CAD 78.1M
Exchange	Toronto Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2012
Industry	Software - Application
Is primary listing	Yes
ISIN number	CA8841213025
Last earnings date	2026-08-05
Last refreshed	2026-10-29
Market cap	CAD 148.7M
Next earnings date	2026-11-03
Price	CAD 2.21
Price currency	CAD
Sector	Technology
SIC code	7370
Stock price date	2026-10-29
Symbol	tsx/THNC
Website	https://www.thinkific.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-0.88%
EV/FCF	36.7x
EV/Sales	0.76x
FCF / EV yield	2.72%
FCF yield	1.45%
Forward P/E	159.6x
Industry forward P/E	21.05x
Industry P/E	63.24x
P/B ratio	2.56x
P/FCF ratio	69.01x
P/OCF ratio	63.03x
P/S ratio	1.42x
Price / tangible book value	2.57x
Sector forward P/E	18.52x
Sector P/E	44.58x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-4.02%
EBITDA margin	-3.66%
FCF margin	2.09%
Gross margin	72.44%
Operating margin	-4.02%
Pretax margin	-1.25%
Profit margin	-1.25%
Profit per employee	CAD -4,206
Profitable years	1
Revenue per employee	CAD 337,111
ROA	-2.99%
ROA (5Y)	-9.44%
ROCE	-7.06%
ROE	-2.2%
ROE (5Y)	-17.04%
ROIC	-4.27%
SBC / revenue	4.71%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	3
FCF growth	-82.98%
FCF growth (Q)	-23.45%
Gross profit growth	2.49%
Gross profit growth (Q)	1.8%
Gross profit growth 3Y	8.51%
Gross profit growth 5Y	17.51%
Net income growth years	3
OCF growth	-81.67%
OCF growth (Q)	-25.37%
Revenue growth	5.42%
Revenue growth (Q)	2.79%
Revenue growth (QoQ)	-0.48%
Revenue growth 3Y	10.26%
Revenue growth 5Y	19.45%
Revenue growth quarters	22
Revenue growth years	7

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -207,335
Depreciation and amortization	CAD 368,142
EBIT	CAD -4.3M
EBITDA	CAD -3.9M
EPS	CAD -0.02
FCF per share	CAD 0.03
Financing cash flow	CAD -5.4M
Free cash flow	CAD 2.2M
Free cash flow minus SBC	CAD -2.8M
Gross profit	CAD 76.7M
Investing cash flow	CAD -60.4M
Net borrowing	CAD -527,717
Net cash flow	CAD -63.5M
Net income	CAD -1.3M
Operating cash flow minus SBC	CAD -2.6M
Operating income	CAD -4.3M
Revenue	CAD 105.9M
Stock-based compensation	CAD 5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.67
Book value per share	CAD 0.87
Debt / equity	0.03
Debt / FCF	0.83
Long-term assets	CAD 5.6M
Long-term liabilities	CAD 1.7M
Net cash (debt)	CAD 70.6M
Net cash / market cap	46.82%
Net cash growth	-2.18%
Net debt / equity	-1.2
Net debt / FCF	-32.31
Piotroski F-Score	3
Property, plant and equipment	CAD 2.4M
Shareholders' equity	CAD 58.9M
Tangible book value	CAD 58.7M
Tangible book value per share	CAD 0.87
Total assets	CAD 88M
Total cash	CAD 72.4M
Total debt	CAD 1.8M
Total liabilities	CAD 29.1M
WACC	11.06%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.19
Current assets	CAD 82.4M
Current liabilities	CAD 27.4M
Current ratio	3.01
Net working capital	CAD -16.1M
Quick ratio	2.79
Working capital	CAD 55.8M
Working capital turnover	2.63

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.21%
Shareholder yield	1.21%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	CAD 1.44
1D price change	-1.34%
1M price change	18.09%
1M total return	18.09%
1W price change	-2.63%
1W total return	-2.63%
1Y price change	2.78%
1Y return CAGR	2.78%
1Y total return	2.78%
20-day SMA	CAD 2.08
200-day SMA	CAD 1.55
3M price change	94.74%
3M total return	94.74%
3Y price change	0.91%
3Y return CAGR	0.3%
3Y total return	0.91%
50-day SMA	CAD 1.70
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 2.40
52-week high date	2025-11-04
52-week low	CAD 1.11
52-week low date	2026-07-17
5Y price change	-80.8%
5Y return CAGR	-28.11%
5Y total return	-80.8%
6M price change	52.06%
6M total return	52.06%
All-time high	CAD 19.47
All-time high date	2021-06-02
All-time low	CAD 1.11
All-time low date	2026-07-09
Average true range (ATR)	CAD 0.16
Average volume	75.5K
Beta (1Y)	0.5
Beta (2Y)	0.66
Beta (5Y)	1.26
Change from 52-week high	-7.92%
Change from 52-week low	99.1%
Change from all-time high	-88.6%
Change from all-time low	100%
Change from open	0.45%
Day's gap	-1.79%
Dollar volume	CAD 42,021
High price	CAD 2.24
Low price	CAD 2.20
Monthly RSI	49.22
Open price	CAD 2.20
Position in 52-week range	25%
Previous close	CAD 2.24
Price vs 150-day SMA	54.06%
Price vs 20-day SMA	6.99%
Price vs 200-day SMA	43.69%
Price vs 50-day SMA	30.28%
Relative volume	0.25
RSI	61.19
Sharpe ratio	0.44
Sharpe ratio (3Y)	0.3
Sharpe ratio (5Y)	-0.1
Sortino ratio	1.2
Sortino ratio (3Y)	0.69
Sortino ratio (5Y)	-0.09
Volume	19K
Weekly RSI	66.17
YTD price change	14.43%
YTD total return	14.43%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	29.2M
Shares change (QoQ)	-0.51%
Shares change (YoY)	-1.21%
Shares held by insiders	42.3%
Shares held by institutions	15.75%
Shares outstanding	67.3M

Deeper analysis on TSX/THNC

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TSX/THNC report

Is a complete TSX/THNC research report available?

No complete published report is available for tsx/THNC (TSX/THNC) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/THNC (TSX/THNC)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/THNC

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/THNC indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/THNC

Frequently asked questions