Airiq Inc (IQ) AI Stock Analysis

Airiq Inc

(TSXV:IQ)

Select Model

Rating:52Neutral

Price Target:CAD 0.42▲(0.96% Upside)

Action:reiterated

Date:08/28/26

Overall score reflects a strong, low-risk balance sheet (no debt) but materially weaker profitability and especially volatile cash generation (TTM free cash flow deeply negative). Technicals lean bearish with price below key moving averages, and the very high P/E provides limited margin of safety, together keeping the score in the low-to-mid range.

Positive Factors

Debt-Free Balance SheetA debt-free, conservatively financed balance sheet reduces interest burden and refinancing exposure while preserving flexibility to invest in products and growth. The high equity share of assets provides a durable financial cushion if operating performance remains uneven over the next several quarters.

Negative Factors

Profitability CompressionThe sharp decline in net margin shows that strong gross profitability is not fully reaching the bottom line. Persistently higher costs or a less favorable mix could limit retained cash, weaken capital efficiency, and reduce the company’s ability to scale earnings from future revenue growth.

Airiq Inc (IQ) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 12.26M
Dividend Yield: ―
Average Volume (3M): 8,425
Price to Earnings (P/E): 76.9
Beta (1Y): 0.71
Revenue Growth: 30.09%
EPS Growth: 42.11%
Country: Canada
Employees: 20
Sector: General
Sector Strength: 55
Industry: Software - Application

Airiq Inc Business Overview & Revenue Model

Company Description

AirIQ Inc. delivers wireless asset monitoring and geolocation services throughout Canada. The firm designs and runs a telematics-based asset management system, leveraging digital mapping, wireless connectivity, the internet, and Global Positioning Sy...

Airiq Inc Financial Statement Overview

Summary

Financials are mixed. The balance sheet is a major strength with $0 debt and high equity versus assets (low financial risk), but operating performance has weakened: TTM net margin is ~1.6% (down sharply from prior double-digit levels) and revenue growth is modest (~6.3%) and uneven. Cash flow is the main concern—operating cash flow is positive (~$1.26M) but TTM free cash flow is materially negative (about -$2.2M), increasing execution and funding-risk sensitivity.

Income Statement

58Neutral

Balance Sheet

82Very Positive

Cash Flow

44Neutral

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2022	Jun 2021
Income Statement
Total Revenue	6.50M	6.50M	5.54M	5.51M	5.05M	4.37M
Gross Profit	3.44M	3.32M	3.40M	3.35M	3.04M	2.68M
EBITDA	1.41M	1.38M	874.00K	1.54M	1.47M	1.05M
Net Income	104.00K	104.00K	203.00K	869.00K	3.69M	567.00K
Balance Sheet
Total Assets	9.53M	9.53M	9.14M	9.11M	8.44M	4.56M
Cash, Cash Equivalents and Short-Term Investments	1.57M	1.57M	3.09M	3.13M	2.18M	1.90M
Total Debt	0	0	0	0	0	54.00K
Total Liabilities	1.40M	1.40M	1.04M	1.21M	1.48M	1.39M
Stockholders Equity	8.13M	8.13M	8.10M	7.90M	6.96M	3.17M
Cash Flow
Free Cash Flow	-1.94M	-80.00K	83.00K	993.00K	399.00K	251.00K
Operating Cash Flow	1.28M	1.28M	992.00K	1.65M	1.07M	1.21M
Investing Cash Flow	-2.68M	-2.68M	-909.00K	-656.00K	-673.00K	-960.00K
Financing Cash Flow	-125.00K	-125.00K	-120.00K	-44.00K	-123.00K	-180.00K

Airiq Inc Technical Analysis

Technical Analysis SentimentNegative

Last Price0.41

Price Trends

50DMA0.45Negative

100DMA0.48Negative

200DMA0.50Negative

Market Momentum

MACD-0.01Negative

RSI45.15Neutral

STOCH66.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IQ, the sentiment is Negative. The current price of 0.41 is below the 20-day moving average (MA) of 0.42, below the 50-day MA of 0.45, and below the 200-day MA of 0.50, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 45.15 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IQ.

Airiq Inc Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:IQ against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:IQ	52Neutral	CAD 12.26M	76.85	1.92%	―	30.09%	42.11%
TSE:RW	47Neutral	CAD 9.21M	-29.22	-181.34%	―	-3.65%	-192.77%
TSE:AXE	46Neutral	CAD 13.60M	-5.49	37.48%	―	-92.70%	-432.69%
TSE:ADCO	44Neutral	CAD 8.54M	-3.73	-23.09%	―	8.60%	-800.00%
TSE:VQS	39Underperform	CAD 4.93M	-0.80	-8232.51%	―	1.68%	-8.17%

* General Sector Average

Performance Comparison

TSE:IQ and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:IQ	Airiq Inc	0.41	-0.11	-20.19%
TSE:AXE	Acceleware Ltd	0.10	0.02	35.71%
TSE:HP	Hello Pal International	0.09	0.00	0.00%
TSE:RW	Renoworks Software	0.23	-0.43	-65.38%
TSE:VQS	Viq Solutions	0.07	-0.11	-61.11%
TSE:ADCO	Adcore	0.14	-0.10	-41.67%

Airiq Inc Corporate Events

Business Operations and StrategyExecutive/Board Changes

AirIQ Names Interim CFO to Cover Maternity Leave

Positive

Oct 16, 2026

AirIQ Inc. has appointed Doris Lai Yuen Tam as Interim Chief Financial Officer to cover the maternity leave of incumbent CFO Ms. Kwak. The company emphasized that Tam’s prior experience is expected to ensure continuity in financial leadership,...

Business Operations and StrategyFinancial Disclosures

AirIQ Posts Record Recurring Revenue and Strong Profit Growth in First Quarter 2026

Positive

Aug 27, 2026

AirIQ Inc. reported a strong first quarter for the period ended June 30, 2026, highlighted by a 25% rise in recurring revenue to a record $1.653 million. Total revenue climbed 29% to $1.833 million, while gross profit increased 14% to $993,000, under...

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: Aug 28, 2026

Airiq Inc AI Stock Analysis