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Company price
0.02 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
5.17M

Momentum Score

…

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability in Canada and the United States. The company provides interactive electronic business solutions in the form of touchscreen and mobile wayfinding and efficiency applications, as well as consulting, graphic, and web design and related services and support. It serves shopping centers, hospitals, office buildings, airports, schools, and other places. Visionstate Corp. is headquartered in Edmonton, Canada.

Source: TradingView
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Day Price Range
0.02
Low
0.02
High
52 Week Price Range
0.01
Low
0.05
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

Visionstate Corp (TSX-V: VIS) is a Canadian small-cap technology issuer with limited public information about its products and operations. Long-term growth may be supported by broader adoption of digital and IoT solutions and recurring software or services revenue, and investors may view the company as a way to gain exposure to niche technology trends if management can execute and scale.
Primary investment risks include execution and financing risk common to thinly traded micro-cap issuers, constrained liquidity, limited transparency and potential dilution from future capital raises.

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
0.02
Dividend Yield
-
Revenue TTM
0.43M
Revenue Per Share
0.00
Gross Profit TTM
-0.38M
Debt / Equity
-0.96
ROE
-3417.92%
Net Debt
0.05M
ROCE
348.00%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Income before tax -1.08M -0.94M -1.74M -0.61M -1.03M
Net income -1.08M -0.93M -1.73M -0.62M -1.04M
Selling general administrative 0.58M 0.67M 0.64M 0.92M 0.77M
Gross profit -0.38M -0.16M -0.28M 0.37M 0.53M
Reconciled depreciation 0.02M 0.02M 0.02M 0.01M 0.01M
Ebit - - -0.91M -0.53M -0.23M
Ebitda - - -0.90M -0.51M -0.21M
Depreciation and amortization - - 0.02M 0.01M 0.01M
Operating income -1.06M -0.93M -0.95M -0.59M -0.29M
Other operating expenses - - 1.22M 0.98M 0.80M
Interest expense 0.02M 0.03M 0.02M 0.02M 0.04M
Tax provision 0.00M -0.01M -0.01M 0.01M 0.01M
Interest income 0.00M 0.00M 0.01M 0.04M 0.03M
Net interest income -0.02M -0.03M -0.01M 0.02M -0.04M
Income tax expense - - -0.01M 0.01M 0.01M
Total revenue 0.43M 0.49M 0.29M 0.41M 0.54M
Total operating expenses 1.49M 1.42M 0.65M 0.94M 0.78M
Cost of revenue 0.81M 0.65M 0.57M 0.05M 0.01M
Total other income expense net - 0.02M -0.80M -0.07M -0.74M
Net income from continuing ops -1.08M -0.93M -1.73M -0.62M -1.04M
Net income applicable to common shares - - - -0.62M -1.04M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total assets 0.19M 0.83M 0.39M 0.98M 1.49M
Other current assets - - 0.15M - -
Total liab 0.50M 0.52M 0.64M 0.72M 0.83M
Total stockholder equity -0.31M 0.31M -0.25M 0.26M 0.66M
Other current liab - - 0.25M 0.09M 0.17M
Common stock - - 11.10M 10.37M 10.08M
Capital stock 12.17M 11.93M 11.10M 10.37M 10.08M
Retained earnings -17.68M -16.60M -15.67M -13.94M -13.32M
Other assets - - - 0.28M 0.00M
Cash 0.08M 0.46M 0.09M 0.02M 0.64M
Total current liabilities 0.49M 0.49M 0.59M 0.60M 0.78M
Current deferred revenue - - 0.01M - -
Net debt 0.05M - 0.15M 0.16M -
Short term debt - - 0.20M - -
Short long term debt 0.13M 0.12M 0.18M 0.12M 0.12M
Short long term debt total - - 0.24M - -
Other stockholder equity - - 2.67M 1.17M 1.73M
Property plant equipment - - - 0.07M 0.01M
Total current assets 0.11M 0.73M 0.28M 0.06M 0.92M
Long term investments - - 0.00M 0.56M 0.56M
Net tangible assets - - - 0.26M 0.66M
Net receivables 0.01M 0.01M 0.04M 0.03M 0.24M
Long term debt - - - 0.05M 0.05M
Inventory - - - 0.00M 0.02M
Accounts payable 0.10M 0.03M 0.14M 0.14M 0.20M
Accumulated other comprehensive income - - 1.64M - -
Non currrent assets other - - 0.05M - -
Non current assets total 0.08M 0.09M 0.11M 0.91M 0.57M
Capital lease obligations 0.03M 0.05M 0.06M 0.08M 0.01M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Investments - 0.00M -0.02M -0.11M -1.00M
Change to liabilities - - - -0.23M -0.28M
Total cashflows from investing activities - - - -0.11M -1.29M
Net borrowings -0.02M -0.06M - -0.03M -0.27M
Total cash from financing activities 0.51M 1.10M 1.11M 0.26M 2.47M
Change to operating activities - - - 0.01M -0.01M
Net income -1.08M -0.93M -1.73M -0.62M -1.04M
Change in cash -0.38M 0.37M 0.07M -0.62M 0.64M
Begin period cash flow 0.46M 0.09M 0.02M 0.64M -0.00M
End period cash flow 0.08M 0.46M 0.09M 0.02M 0.64M
Total cash from operating activities -0.81M -0.67M -1.01M -0.77M -0.54M
Issuance of capital stock 0.38M 1.36M 1.22M 0.07M 2.52M
Depreciation 0.02M 0.02M 0.02M 0.01M 0.01M
Other cashflows from investing activities - - - -0.04M 0.01M
Dividends paid 0.00M 0.00M 0.02M 0.00M 0.00M
Change to inventory - - -0.14M 0.02M 0.00M
Change to account receivables 0.00M 0.00M 0.02M 0.00M -0.02M
Sale purchase of stock - 0.00M -0.07M - -
Other cashflows from financing activities - - -0.00M 0.21M 0.04M
Change to netincome - - - 0.05M 0.79M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.07M 0.01M -0.13M -0.21M -0.30M
Other non cash items 0.19M 0.25M 0.83M 0.05M 0.79M
Free cash flow -0.81M -0.67M -1.01M -0.77M -0.54M

Peer Comparison*

Sector: Technology Industry: Information Technology Services

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)
VIS
Visionstate Corp
-
-%
0.02 - - 12.05 34.28 12.71 -4.68
SPOT
Goldspot Discoveries Corp
-
-%
0.23 2.19 - 5.50 0.82 0.07 0.11
PVT
Pivotree Inc
0.05
4.50%
1.16 11.00 28.99 0.65 0.85 0.46 3.65
CCDS
Carrier Connect Data Solutions Inc.
-0.08
5.59%
1.35 - - 43.43 3.71 47.10 -
VITA
Vitalist Inc.
-
-%
0.69 - - 7.29 1.13 9.35 -1.79

Profile*

Visionstate Corp

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability in Canada and the United States. The company provides interactive electronic business solutions in the form of touchscreen and mobile wayfinding and efficiency applications, as well as consulting, graphic, and web design and related services and support. It serves shopping centers, hospitals, office buildings, airports, schools, and other places. Visionstate Corp. is headquartered in Edmonton, Canada.

8634 - 53 Avenue, Edmonton, AB, Canada, T6E 5G2

780 425 9460

Name Title Year Born
Mr. John A. Putters P. Eng. Founder, CEO, Pres & Director NA
Ms. Randa Kachkar CFO & Sec. NA
Ms. Shannon Moore Pres NA
Alastair Medford Technical Director NA
Ms. Belinda Davidson VP of Marketing & Bus. Strategy and Director NA
Mr. John A. Putters P. Eng. Founder, CEO, President & Director 1962
Ms. Randa Kachkar CFO & Board Secretary NA
Ms. Shannon Moore President of Visionstate IoT Inc NA
Mr. John A. Putters P. Eng. Founder, CEO, President & Director 1963

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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