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Company price
0.145 CAD 0.01 ( 3.57%)
Last update at 2026-11-04T15:14:00Z
VOLUME
5000
Market Cap
13.70M

Momentum Score

…

Adcore Inc., an advertising technology company, provides smart algorithm-powered automation tools and reporting and analytics to digital advertisers worldwide. The company offers technology platforms, such as Feeditor offers advertisers online shopping automation capabilities; Feeditor Plus, a solution for enterprise and agencies that manages feeds, eliminates extended loading times and glitches, and Create shopping ads; Media Blast that controls advertising accounts; and Couponer, a mobile app designed to help users discover and redeem various coupons and promotional offers. It also provides Alerter, a 24/7 real-time monitoring of digital assets, such as the website, data feeds, and advertising accounts; Semdoc that analyze ads account performance; Views that build, optimize, and automate campaigns; Effortless Feed which automatically generates and optimizes a shopping product feed from your shopify store, as well as streamline and automate your sales process by integrating presentations, proposal creation, legal agreements, payments, and project updates into one platform through Proposaly. Adcore Inc. was founded in 2005 and is based in Toronto, Canada.

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Day Price Range
0.14
Low
0.14
High
52 Week Price Range
0.12
Low
0.30
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Adcore Inc (ADCO.TO) is a digital advertising technology and services company offering automated campaign management and data‑driven marketing solutions. Long-term growth may be supported by rising online ad spending, greater adoption of marketing automation and demand from small and midsize advertisers, making it a way to gain exposure to ad‑tech trends.

Material risks include intense competition from large platforms and ad-tech vendors, sensitivity to regulatory and privacy changes affecting targeting and measurement, and execution and liquidity constraints common among smaller public companies.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.14
Dividend Yield
-
Revenue TTM
23.83M
Revenue Per Share
0.39
Gross Profit TTM
9.31M
Debt / Equity
0.07
ROE
-12.21%
Net Debt
-6.99M
ROCE
-9.02%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.96M -0.69M -0.95M -2.19M 0.04M
Net income -0.98M -0.54M -0.94M -2.23M -0.28M
Selling general administrative 8.45M 5.64M 5.49M 5.28M 4.51M
Selling and marketing expenses - 2.73M 2.86M 2.13M 1.49M
Gross profit 8.31M 9.88M 9.44M 8.49M 8.45M
Reconciled depreciation 1.14M 1.14M 0.78M 0.83M 0.68M
Ebit -0.71M -0.48M -0.41M 1.08M 1.39M
Ebitda 0.45M 0.65M 0.36M 1.91M 2.07M
Depreciation and amortization 1.16M 1.14M 0.78M 0.83M 0.68M
Operating income -0.71M -0.48M -0.41M 1.08M 1.39M
Other operating expenses 24.95M 24.18M 23.55M 20.13M 27.14M
Interest expense 0.39M 0.08M 0.10M 3.28M 0.48M
Tax provision 0.03M -0.14M -0.01M 0.04M 0.32M
Interest income - 0.20M 0.04M 1.76M 0.70M
Net interest income -0.09M -0.08M -0.10M -0.01M 0.48M
Income tax expense 0.03M -0.14M -0.01M 0.04M 0.32M
Total revenue 24.25M 23.70M 23.13M 19.69M 27.97M
Total operating expenses 9.02M 10.36M 9.85M 8.93M 7.62M
Cost of revenue 15.93M 13.82M 13.70M 11.20M 19.52M
Total other income expense net -0.25M -0.20M -0.54M -3.28M -1.35M
Net income from continuing ops -0.97M -0.54M -0.94M -2.23M -0.28M
Net income applicable to common shares - -0.54M -0.94M -2.23M -0.28M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 15.71M 16.27M 14.43M 14.54M 17.28M
Intangible assets 3.36M 2.87M 3.09M 2.63M 1.98M
Other current assets - - 0.41M - -
Total liab 8.23M 7.91M 5.55M 4.81M 5.09M
Total stockholder equity 7.48M 8.36M 8.87M 9.73M 12.20M
Other current liab 1.62M - 1.63M 0.88M 0.67M
Capital stock 0.00M 0.00M 0.00M 0.00M 0.00M
Retained earnings -2.76M -1.80M -1.26M -0.32M 1.92M
Other liab - - - 0.17M 0.48M
Other assets - - - 0.00M 0.03M
Cash 7.48M 7.50M 6.11M 6.53M 11.06M
Cash and equivalents - - - 6.53M 11.06M
Total current liabilities 7.89M 7.44M 5.40M 4.64M 4.39M
Net debt -6.99M - -6.11M -6.34M -10.62M
Short term debt 0.16M - - 0.19M 0.22M
Short long term debt total 0.50M - - 0.19M 0.43M
Other stockholder equity 10.31M - 10.20M 10.12M 10.36M
Property plant equipment - - - 0.44M 0.69M
Total current assets 11.58M 12.49M 11.14M 11.47M 14.59M
Net tangible assets - - - 7.10M 10.22M
Net receivables 4.10M 4.56M 5.03M 4.95M 3.53M
Long term debt - - - - 0.00M
Inventory - - -0.41M - -
Accounts payable 6.10M 5.67M 3.77M 3.57M 3.50M
Accumulated other comprehensive income -0.07M - -0.07M -0.07M -0.08M
Non currrent assets other - - - - 0.03M
Non current assets total 4.13M 3.78M 3.29M 3.07M 2.70M
Capital lease obligations 0.50M 0.60M 0.00M 0.19M 0.43M
Long term debt total - - - 0.00M 0.21M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.98M -0.99M -1.21M -0.93M
Change to liabilities - - - -0.03M -0.19M
Total cashflows from investing activities -1.50M -0.98M -0.99M -1.21M -0.93M
Net borrowings -0.11M -0.04M -0.19M -0.25M -0.36M
Total cash from financing activities -0.10M -0.06M -0.28M -0.85M 4.67M
Change to operating activities - - - 0.51M -0.63M
Net income -0.97M -0.54M -0.94M -2.23M -0.28M
Change in cash -0.00M 1.40M -0.42M -4.53M 2.29M
Begin period cash flow 7.86M 6.11M 6.53M 11.06M 8.76M
End period cash flow 7.48M 7.50M 6.11M 6.53M 11.06M
Total cash from operating activities 1.59M 2.43M 0.85M -2.55M -1.44M
Issuance of capital stock - - - 0.00M 3.03M
Depreciation 1.14M 1.14M 0.78M 0.83M 0.68M
Other cashflows from investing activities 0.13M -0.77M -0.98M 0.03M 0.04M
Change to inventory - - 0.65M - -
Change to account receivables 0.90M 0.04M 0.01M -1.72M -1.14M
Sale purchase of stock 0.00M -0.02M -0.09M -0.61M 5.02M
Other cashflows from financing activities -0.03M - -0.99M -1.21M 1.99M
Change to netincome - - - 0.10M 0.12M
Capital expenditures 0.03M 0.98M 0.99M 1.23M 0.97M
Change in working capital 1.35M 1.79M 0.85M -1.24M -1.96M
Stock based compensation 0.06M 0.05M 0.18M 0.37M 0.81M
Other non cash items 0.01M - -0.01M -0.27M -0.70M
Free cash flow 1.59M 1.45M -0.15M -3.78M -2.41M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ADCO
Adcore Inc
0.01
3.57%
0.14 - - 0.58 1.33 0.13 6.77
SHOP
Shopify Inc
13.51
6.75%
213.70 138.91 70.92 20.17 12.93 14.73 88.85
CRM
Salesforce CDR (CAD Hedged)
0.44
2.61%
17.28 23.21 13.57 4.11 2.47 3.85 12.75
NOWS
ServiceNow CDR (CAD Hedged)
-0.02
0.14%
13.85 323.25 114.94 38.22 38.75 7.52 33.05
CSU
Constellation Software Inc.
57.38
1.67%
3495.38 78.75 16.39 4.74 11.45 3.77 17.00

Profile*

Adcore Inc

Adcore Inc., an advertising technology company, provides smart algorithm-powered automation tools and reporting and analytics to digital advertisers worldwide. The company offers technology platforms, such as Feeditor offers advertisers online shopping automation capabilities; Feeditor Plus, a solution for enterprise and agencies that manages feeds, eliminates extended loading times and glitches, and Create shopping ads; Media Blast that controls advertising accounts; and Couponer, a mobile app designed to help users discover and redeem various coupons and promotional offers. It also provides Alerter, a 24/7 real-time monitoring of digital assets, such as the website, data feeds, and advertising accounts; Semdoc that analyze ads account performance; Views that build, optimize, and automate campaigns; Effortless Feed which automatically generates and optimizes a shopping product feed from your shopify store, as well as streamline and automate your sales process by integrating presentations, proposal creation, legal agreements, payments, and project updates into one platform through Proposaly. Adcore Inc. was founded in 2005 and is based in Toronto, Canada.

100 King Street West, Toronto, ON, Canada, M5X 1G5

647 497 5337

58

Name Title Year Born
Mr. Omri Brill Founder, Pres, CEO & Chairman 1974
Mr. Yatir Sadot CPA Chief Financial Officer NA
Mr. Roy Nevo COO & Non-Independent Director 1975
Mr. Jason A. Saltzman External Legal Counsel 1971
Mr. Vadim Malkin Chief Technology Officer NA
Mr. Yossi Elchanan Chief Marketing Officer NA
Mr. Gal Itkin Head of Adcore Greater China NA
Ms. Lilach Kroll Head of Digital Advter. NA
Mr. Martijn Van den Bemd Chief Partnership Officer NA
Ms. Lilach Shazar Head of Digital Advter. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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