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Company price
0.63 CAD -0.02 ( 3.08%)
Last update at 2026-11-05T16:33:00Z
VOLUME
59231
Market Cap
291.71M

Momentum Score

…

Healwell AI Inc. operates as a healthcare technology company in Canada, Australia, and New Zealand. The company operates in two segments, AI and Data Sciences, and Healthcare Software. It focuses on developing and commercializing clinical decision support systems to help healthcare providers detect rare and chronic diseases. The company provides healthcare artificial intelligence engines, electronic health record platform, healthcare data management and interoperability software, and early/late phase contract clinical research services. It also offers rare and chronic disease screening, real world evidence clinical study generation, advanced clinical decision support, and physical ASI co-pilot tools. It serves public sector organizations, healthcare providers, insurers, and life science companies. The company was formerly known as MCI Onehealth Technologies Inc. and changed its name to Healwell AI Inc. in September 2023. Healwell AI Inc. was incorporated in 2012 and is headquartered in Toronto, Canada.

Source: TradingView
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Day Price Range
0.62
Low
0.65
High
52 Week Price Range
0.58
Low
1.66
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

Public information on HealWELL AI Inc. (AIDX.TO) is limited and lacks detailed operating descriptions or audited financials. Available materials indicate plans to develop healthcare artificial-intelligence solutions that could benefit from digitization of records and rising clinical AI adoption. Investors may find early-stage exposure to healthcare AI themes attractive but should weigh sparse disclosure and execution risk.

Principal risks are very limited disclosure and operating history, possible lack of revenue, regulatory and clinical validation challenges, execution risk, and low trading liquidity.

Risk Score
High

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
0.65
Dividend Yield
-
Revenue TTM
103.80M
Revenue Per Share
0.41
Gross Profit TTM
57.29M
Debt / Equity
0.69
ROE
-39.59%
Net Debt
67.49M
ROCE
-13.78%
Diluted EPS TTM
-0.15

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 -39.78M -28.28M -32.68M -17.08M -16.29M
Minority interest 0.55M 1.19M - - -
Net income -46.94M -26.29M -32.19M -21.09M -15.67M
Selling general administrative 53.49M 42.69M 9.06M 11.36M 30.18M
Selling and marketing expenses - 2.38M 1.28M 1.52M 1.11M
Gross profit 40.39M 17.32M 1.26M 3.71M 15.01M
Reconciled depreciation 16.91M 7.30M - - -
Ebit -29.53M -25.71M -17.59M -17.55M -16.43M
Ebitda -12.62M -18.42M -16.11M -15.01M -12.12M
Depreciation and amortization 16.91M 7.30M 1.48M 2.54M 4.31M
Operating income -29.53M -33.55M -17.59M -17.55M -16.43M
Other operating expenses 133.33M 72.53M 38.66M 27.74M 64.26M
Interest expense 10.16M 2.61M - 0.62M 0.46M
Tax provision -0.66M -0.86M - 1.22M -0.75M
Interest income - 0.64M - 1.03M 0.35M
Net interest income -9.59M -1.97M - - -
Extraordinary items - -0.05M - - -
Income tax expense -0.66M -0.86M 0.54M 1.12M -0.75M
Total revenue 103.80M 38.97M 7.32M 10.42M 47.82M
Total operating expenses 69.91M 50.87M 32.60M 21.03M 31.45M
Cost of revenue 63.42M 21.66M 6.06M 6.71M 32.81M
Total other income expense net -10.25M 5.27M -15.09M 0.88M 0.64M
Net income from continuing ops -39.12M -27.43M - - -
Net income applicable to common shares - -26.29M - -21.09M -15.67M
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 284.99M 125.53M 53.70M 45.63M 60.89M
Intangible assets 106.92M 28.30M 12.51M 11.25M 12.45M
Other current assets 6.80M 2.35M 2.35M 1.17M 2.50M
Total liab 161.04M 51.86M 32.23M 33.85M 32.86M
Total stockholder equity 123.94M 63.89M 12.65M 11.78M 28.03M
Other current liab 14.76M 13.43M 4.82M - -
Common stock 250.43M 140.08M 67.37M 39.79M 39.79M
Capital stock 250.43M 140.08M - - -
Retained earnings -151.95M -95.22M -69.25M -37.65M -16.57M
Good will 98.55M 67.14M 12.30M 10.07M 10.07M
Other assets - - - 0.47M 1.95M
Cash 18.63M 9.41M 19.16M 1.41M 7.14M
Total current liabilities 70.77M 23.32M 9.42M 19.39M 14.49M
Current deferred revenue 15.29M 2.45M - - -
Net debt 67.49M 12.79M 0.76M - -
Short term debt 26.38M 2.73M 0.67M 7.00M 0.00M
Short long term debt 24.10M 1.78M - - -
Short long term debt total 86.13M 22.20M 19.92M - -
Other stockholder equity - 19.02M 12.57M - -
Property plant equipment - - - 10.44M 13.93M
Total current assets 64.67M 18.33M 22.76M 8.61M 16.51M
Long term investments 8.31M 4.48M - - -
Short term investments 0.00M 0.27M - 0.39M 0.54M
Net receivables 39.23M 6.29M 1.24M 4.29M 3.22M
Long term debt 56.37M 14.24M - - -
Accounts payable 14.34M 4.33M 3.93M - -
Accumulated other comprehensive income 25.46M -0.00M 1.96M - -
Non currrent assets other 0.71M 2.37M 1.99M - -
Non current assets total 220.31M 107.21M 30.94M - -
Capital lease obligations 5.67M 6.18M - - -
Long term debt total - - - 9.33M 11.26M
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 0.00M -15.37M - - -
Total cashflows from investing activities -69.84M -15.37M - -1.17M -8.64M
Net borrowings 71.27M - - - -
Total cash from financing activities 95.50M 28.24M 27.20M 3.78M 21.99M
Net income -38.56M -27.48M -31.60M -20.97M -15.54M
Change in cash 9.22M -9.75M 17.75M -5.73M 6.25M
Begin period cash flow 9.41M 19.16M 1.41M 7.14M 0.89M
End period cash flow 18.63M 9.41M 19.16M 1.41M 7.14M
Total cash from operating activities -19.42M -22.62M -10.80M -8.35M -7.10M
Issuance of capital stock 23.59M 19.12M - - -
Depreciation 16.91M 7.30M 2.80M 2.54M 4.31M
Other cashflows from investing activities -0.92M -1.22M - 0.00M -6.28M
Dividends paid 0.00M - - 0.12M 0.00M
Change to account receivables 1.99M 1.41M 4.51M 0.69M -1.50M
Sale purchase of stock - -0.62M - 0.00M -0.87M
Other cashflows from financing activities -2.12M 10.14M 27.60M -0.12M -1.38M
Capital expenditures 0.74M 1.31M 0.07M 1.15M 2.37M
Change in working capital -17.18M -2.83M 4.56M 2.21M -1.65M
Stock based compensation 12.99M 7.14M 3.26M 4.83M 6.11M
Other non cash items 20.08M -5.53M 10.18M -1.14M -0.23M
Free cash flow -20.16M -23.93M -10.86M -9.49M -9.47M

Peer Comparison*

Sector: Healthcare Industry: Medical Care Facilities

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)
AIDX
HealWELL AI Inc.
-0.02
3.08%
0.63 - - 2.81 2.35 3.46 -4.93
EXE
Extendicare Inc
0.02
0.07%
27.83 25.21 23.92 1.59 7.26 1.62 14.43
SIA
Sienna Senior Living Inc
0.09
0.44%
20.50 45.94 38.17 2.23 3.17 3.57 21.90
WELL
WELL Health Technologies Corp
-0.02
0.48%
4.16 - 13.87 0.80 1.23 1.09 9.83
DR
Medical Facilities Corporation
0.20
1.32%
15.30 15.57 12.94 1.18 2.87 0.92 3.64

Profile*

HealWELL AI Inc.

Healwell AI Inc. operates as a healthcare technology company in Canada, Australia, and New Zealand. The company operates in two segments, AI and Data Sciences, and Healthcare Software. It focuses on developing and commercializing clinical decision support systems to help healthcare providers detect rare and chronic diseases. The company provides healthcare artificial intelligence engines, electronic health record platform, healthcare data management and interoperability software, and early/late phase contract clinical research services. It also offers rare and chronic disease screening, real world evidence clinical study generation, advanced clinical decision support, and physical ASI co-pilot tools. It serves public sector organizations, healthcare providers, insurers, and life science companies. The company was formerly known as MCI Onehealth Technologies Inc. and changed its name to Healwell AI Inc. in September 2023. Healwell AI Inc. was incorporated in 2012 and is headquartered in Toronto, Canada.

460 College Street, Toronto, ON, Canada, M6G 1A1

570

Name Title Year Born
Mr. Donald Watts President of Khure Health NA
Dr. Alexander Julian Dobranowski Founder, CEO, MD & Director NA
Ms. Madeline D. Walker President of MCI Medical 1947
Mr. Anthony Lam Chief Financial Officer NA
Paulo Gomes Co-Chief Operating Officer NA
Adam Hutton Co-Chief Operating Officer NA
Nolan Reeds Vice President of Marketing & Communications NA
Mr. Blake Corbet Senior Vice President of Corporate Development NA
Mr. Mark Findlay Senior Vice President of Sales & Marketing for Canada NA
Aaron Leibtag Pentavere Research Group -CEO 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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