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Home CompaniesFindev Inc

Findev Inc

Financial Services Mortgage Finance
PortfolioPortfolio WatchlistWatchlist
Company price
0.27 CAD 0.02 ( 8.00%)
Last update at 2026-11-04T20:43:00Z
VOLUME
201
Market Cap
11.17M

Momentum Score

…

Findev Inc., a real estate finance company, provides real estate financing secured by investment properties and real estate developments in Canada. It targets real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc. and changed its name to Findev Inc. in October 2016. Findev Inc. was incorporated in 2004 and is based in Toronto, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.22
Low
0.27
High
52 Week Price Range
0.38
Low
0.50
High

Momentum Score

…
Loading momentum score…

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 filings and company disclosures for Findev Inc (FDI.V) are limited, so its exact core business and operations are not well-documented in widely available sources. As a venture‑exchange listed issuer it appears positioned as an early‑stage company that may benefit investors seeking exposure to small‑cap growth while lacking an established revenue track record and reporting history.
Key investment risks include low trading liquidity, potential need for external financing with dilution risk, limited disclosure and transparency, and operational and regulatory uncertainty typical of early‑stage issuers.

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
0.25
Dividend Yield
7.50%
Revenue TTM
-0.29M
Revenue Per Share
-0.01
Gross Profit TTM
-0.29M
Debt / Equity
-
ROE
-0.86%
Net Debt
-
ROCE
12.63%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 3.35M 2.97M 2.24M 2.39M 1.93M
Net income 2.60M 2.00M 1.51M 5.40M 1.93M
Selling general administrative 0.26M 0.30M 0.28M 0.26M 0.27M
Gross profit 3.61M 3.42M 3.04M 2.66M -
Ebit - - - 2.44M 2.00M
Ebitda - - 2.24M 2.39M 1.93M
Operating income 3.35M 3.11M 2.76M 2.40M 1.95M
Interest expense - 0.00M 0.00M 0.00M 0.00M
Tax provision 0.75M 0.98M 0.74M -3.01M -
Net interest income -0.00M -0.00M -0.00M -0.00M -0.00M
Income tax expense - - - -3.01M -
Total revenue 3.61M 3.42M 3.04M 2.66M 2.23M
Total operating expenses 0.26M 0.31M 0.28M 0.26M 0.27M
Cost of revenue 0.00M 0.00M 0.00M 0.00M -
Total other income expense net - -0.14M -0.52M -0.01M -0.02M
Net income from continuing ops 2.60M 2.00M 1.51M 5.40M 1.93M
Net income applicable to common shares - - - 5.40M 1.93M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 27.19M 25.10M 23.95M 23.29M 18.73M
Total liab 0.66M 0.32M 0.30M 0.28M 0.27M
Total stockholder equity 26.53M 24.79M 23.65M 23.00M 18.46M
Other current liab - - - 0.21M 0.21M
Common stock - - - 34.47M 34.47M
Capital stock 34.47M 34.47M 34.47M 34.47M 34.47M
Retained earnings -20.60M -22.33M -23.47M -24.12M -28.66M
Other assets - - - 3.01M -
Cash 0.30M 0.28M 0.29M 0.28M 0.29M
Total current liabilities 0.66M 0.32M 0.30M 0.28M 0.27M
Total current assets 27.19M 23.80M 21.67M 20.27M 18.73M
Net tangible assets - - - 23.00M 18.46M
Short term investments 26.02M - - - -
Net receivables - - - 19.99M 18.42M
Accounts payable 0.06M 0.04M 0.05M 0.04M 0.02M
Non current assets total 0.00M 1.30M 2.28M 3.01M 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Change to liabilities - - - 0.02M 0.01M
Total cash from financing activities -0.86M -0.86M -0.86M -0.86M -0.86M
Change to operating activities - - - 0.02M -0.00M
Net income 2.60M 2.00M 1.51M 5.40M 1.93M
Change in cash 0.02M -0.00M 0.01M -0.01M -0.17M
Begin period cash flow 0.28M 0.29M 0.28M 0.29M 0.46M
End period cash flow 0.30M 0.28M 0.29M 0.28M 0.29M
Total cash from operating activities 0.88M 0.86M 0.87M 0.85M 0.69M
Dividends paid -0.86M -0.86M 0.86M 0.86M 0.86M
Change to account receivables - - - - 0.04M
Change to netincome - - - -4.58M -1.29M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.04M 0.02M 0.02M 0.03M 0.05M
Other non cash items -2.76M -2.31M -1.90M -1.61M -1.24M
Free cash flow 0.88M 0.86M 0.87M 0.85M 0.69M

Peer Comparison*

Sector: Financial Services Industry: Mortgage Finance

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)
FDI
Findev Inc		 0.02
8.00%		 0.27 - 61.35 28.58 0.46 3.16 3.43
BCF
Builders Capital Mortgage Corp		 -
-%		 9.90 8.03 - 6.29 1.01 11.05 -

Profile*

Findev Inc

Findev Inc., a real estate finance company, provides real estate financing secured by investment properties and real estate developments in Canada. It targets real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc. and changed its name to Findev Inc. in October 2016. Findev Inc. was incorporated in 2004 and is based in Toronto, Canada.

10 Wanless Avenue, Toronto, ON, Canada

647-789-5188

https://findev.ca

Name Title Year Born
Mr. Sruli Weinreb CEO & Director 1980
Mr. Claude Ayache Chief Financial Officer 1963
Mr. Claude Ayache CMA, CPA Chief Financial Officer 1963
Mr. Yisroel Weinreb CEO & Director 1980

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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