Added to YB: 2025-08-05
Pitch date: 2025-08-03
TBRD.V [bullish]
Thunderbird Entertainment Group Inc.
-7.6%
current return
Author Info
Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.
Company Info
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs in Canada and internationally.
Market Cap
CAD 59.0M
Pitch Price
CAD 1.71
Price Target
8.75 (+454%)
Dividend
N/A
EV/EBITDA
1.35
P/E
9.84
EV/Sales
0.25
Sector
Entertainment
Category
growth
Our investment in TBRD.V
TBRD.V: 5x upside at just 3x EBITDA vs 15x peak. 21% 5-yr rev CAGR, 25% YoY growth, 15-30% margins. Two-pronged model: 80% low-risk service work (15% margin) + 20% owned IP (30% margin). De-risked by Canadian tax credits (~35% of costs). TSX uplisting catalyst coming; illiquid microcap explains mispricing.
Read full article (4 min)