Added to YB: 2026-06-03
Pitch date: 2026-06-01
ECOM.V [neutral]
EMERGE Commerce Ltd.
+5.88%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
EMERGE Commerce Ltd. owns and operates a portfolio of e-commerce marketplaces and subscription services in Canada and the United States.
Market Cap
CAD 15.0M
Pitch Price
CAD 0.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
26.11
P/E
-41.44
EV/Sales
0.64
Sector
IT Services
Category
N/A
Mother of All Reviews (Part Deux) - EMERGE Commerce Ltd.
ECOM.V (update): +18% on earnings but author skeptical. Q1 rev $5.9M (+17%) but GM down 400bps to 34.8%; $125k loss vs $400k gain LY. Weak liquidity: current ratio 0.84, quick 0.48, ~$4M+ shortfall on 12mo liabilities—raise likely. Organic flat. $17M cap, 28 EV/EBITDA. Viral Loops & T2G golf synergies key in Q2. 3-star.
Read full article (3 min)