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Diagnos (ADK) AI Stock Analysis

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TSE:ADK

Diagnos

(TSXV:ADK)

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Rating:41Neutral
Price Target:CAD 0.32â–¼(-4.48% Downside)
Action:reiterated
Date:10/14/26

The score is primarily constrained by severe losses, declining revenue, and sustained cash burn. Mixed technical signals and the absence of meaningful valuation support provide only limited offset, producing a high-risk overall profile.

Positive Factors
Diagnostic Imaging Technology FocusA focused position in diagnostic imaging and decision-support software gives Diagnos exposure to healthcare needs where better detection and assessment can remain valuable over time. Its stated history of developing and commercializing these solutions provides an established business direction rather than an unrelated diversification strategy.
Negative Factors
Severe Revenue ContractionThe sharp multi-year revenue decline indicates that Diagnos is operating at a substantially smaller scale than in 2023. Shrinking commercial activity reduces the base available to absorb fixed costs, weakens operating leverage, and makes a durable path toward breakeven more difficult over the next several quarters.

Diagnos (ADK) vs. iShares MSCI Canada ETF (EWC)

-60%-40%-20%0%20%40%60%TSE:ADK+4.69%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 40.34M
Dividend Yield
―
Average Volume (3M)
266.85K
Price to Earnings (P/E)
-8.1
Beta (1Y)
0.52
Revenue Growth
-36.92%
EPS Growth
13.03%
Country
Canada
Employees
16
Sector
General
Sector Strength
55
Industry
Medical - Healthcare Information Services

Diagnos Business Overview & Revenue Model

Company Description

DIAGNOS Inc. is a technology firm that delivers software-based services across a broad international footprint, encompassing Canada, the United States, Colombia, Spain, Mexico, Saudi Arabia, and Costa Rica. A significant portion of its operations foc...

How the Company Makes Money

null

Diagnos Financial Statement Overview

Summary

Financial performance is severely weak: revenue has declined sharply, operating and net losses exceed $4 million, cash burn is persistently negative, and equity remains thin despite reduced debt and a return to positive shareholders’ equity.

Income Statement

18Very Negative

Balance Sheet

32Negative

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Jun 2023Jun 2022Mar 2021
Income Statement
Total Revenue65.48K65.48K103.80K438.83K267.07K331.52K
Gross Profit-119.45K-119.45K-943.56K-418.30K-347.53K-473.45K
EBITDA-4.09M-4.13M-3.56M-2.10M-2.45M-1.91M
Net Income-4.56M-4.56M-4.29M-2.61M-2.05M-3.38M
Balance Sheet
Total Assets2.39M2.39M3.64M1.54M1.95M2.43M
Cash, Cash Equivalents and Short-Term Investments1.93M1.93M3.24M920.91K1.36M1.87M
Total Debt1.40M1.40M3.07M1.19M471.68K337.55K
Total Liabilities1.70M1.70M3.40M1.66M818.19K614.78K
Stockholders Equity686.90K686.90K233.11K-113.51K1.13M1.82M
Cash Flow
Free Cash Flow-3.87M-4.01M-3.65M-2.07M-1.40M-2.66M
Operating Cash Flow-3.86M-4.00M-3.64M-2.04M-1.36M-2.64M
Investing Cash Flow1.56M1.56M-3.11M503.52K262.93K-759.98K
Financing Cash Flow2.51M2.66M6.62M1.60M882.82K3.83M

Diagnos Technical Analysis

Technical Analysis SentimentNegative
Last Price0.34

Price Trends

50DMA0.44Negative
100DMA0.36Negative
200DMA0.31Positive

Market Momentum

MACD-0.03Positive
RSI27.26Positive
STOCH14.42Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ADK, the sentiment is Negative. The current price of 0.34 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.44, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 27.26 is Positive, neither overbought nor oversold. The STOCH value of 14.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ADK.

Diagnos Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:ADK against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:AIDRTSE:AIDR44NeutralCAD 44.56M-1.64-444.52%―415.06%-54.80%
TSE:CHSTSE:CHS41NeutralCAD 10.29M-1.7664.52%―7.63%-106.03%
TSE:UDOCTSE:UDOC41NeutralCAD 5.18M-1.59355.56%―614.03%51.97%
TSE:ADKTSE:ADK41NeutralCAD 40.34M-8.119999.00%―-36.92%13.03%
TSE:DMEDTSE:DMED39UnderperformCAD 3.95M-1.94739.84%――-28.35%
TSE:NARATSE:NARA38UnderperformCAD 2.39M-0.82184.91%――43.30%

* General Sector Average

Performance Comparison

-50%0%50%100%TSE:ADKTSE:AIDRTSE:CHSTSE:UDOCTSE:NARATSE:DMEDDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ADK and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ADKDiagnos Inc0.34-0.01-1.47%
TSE:AIDRRocket Doctor Ai Inc0.44-0.44-50.00%
TSE:CHSComprehensive Healthcare Systems Inc0.35-0.27-42.74%
TSE:UDOCUnidoc Health Corp.0.06-0.13-68.42%
TSE:NARAPanGenomic Health, Inc. Class A0.17-1.03-85.83%
TSE:DMEDDiagnaMed Holdings Corp.0.03-0.06-66.67%

Diagnos Corporate Events

Business Operations and StrategyProduct-Related Announcements

Diagnos accelerates Canadian rollout of AI-driven CARA eye diagnostic system

Positive
Oct 20, 2026

Diagnos has begun nationwide deployment of its newly licensed CARA System in Canada following Health Canada’s marketing authorization for the AI-powered retinal imaging platform. The company has onboarded 28 optometry locations in two weeks, br...

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance

Diagnos Seeks U.S. FDA Clarity on AI-Powered CARA Eye Screening System

Positive
Sep 28, 2026

Diagnos has submitted a Section 513(g) Request for Information to the U.S. Food and Drug Administration regarding the classification and regulatory requirements of its CARA System, following an earlier FDA pre-submission and responding to a specific...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026