Added to YB: 2026-09-02
Pitch date: 2026-08-31
ECOM.V [neutral]
EMERGE Commerce Ltd.
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 14.3M
Pitch Price
CAD 0.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.97
P/E
-43.76
EV/Sales
0.57
Sector
IT Services
Category
N/A
Emerge Commerce ($ECOM.V) FINS Review
ECOM.V (earnings): Emerge Commerce delivered a decent but unlikely needle-moving Q2: revenue rose 7.4% to $9.1M, gross margin expanded 250 basis points to 39%, and operating income before other expenses improved 68%, but net income was flat at $200K. At roughly 15x EV/EBITDA, 3-4% organic growth does not offset a $4M working-capital shortfall, weak cash generation and likely financing needs by next April.
Read full article (8 min)