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ProStar Holdings Inc (MAPS) AI Stock Analysis
ProStar Holdings Inc
(TSXV:MAPS)
The score is at the low end of the range, driven primarily by a fragile financial profile: negative and deteriorating shareholders' equity, minimal total assets, deeply negative margins, and revenue near $1.1 million that is far below the level needed to cover costs. A sharp collapse in gross margin and continued cash burn point to reliance on outside financing and meaningful dilution or going-concern risk, though the substantial reduction in losses and burn over recent years is a genuine positive. Technicals are the strongest element, with the price above its 50-, 100-, and 200-day moving averages and a modestly positive MACD, but a weak stochastic reading signals near-term softness. Valuation adds little support given negative earnings and no dividend. Overall, this is a speculative micro-cap where evidence of sustained revenue growth and margin recovery is needed before the improving cost picture becomes a durable business.
ProStar Holdings Inc (MAPS) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 22.61M
- Dividend Yield
- ―
- Average Volume (3M)
- 20.75K
- Price to Earnings (P/E)
- -9.4
- Beta (1Y)
- -1.93
- Revenue Growth
- 20.09%
- EPS Growth
- 17.58%
- Country
- Canada
- Employees
- 24
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Application
ProStar Holdings Inc Business Overview & Revenue Model
Company Description
ProStar Holdings Inc. develops geospatial intelligence software. It offers PointMan, a cloud and mobile mapping solutions that captures, records, displays, and manages critical infrastructure, including underground pipelines and utilities, as well as...
How the Company Makes Money
ProStar’s primary revenue model is software-driven, centered on monetizing access to its cloud-based geospatial platform and related applications. Revenue is generally generated through (1) software licensing and/or subscription fees for use of its p...
ProStar Holdings Inc Financial Statement Overview
Summary
Financials are very weak. Revenue of roughly $1.1 million grew only about 3.7%, while TTM net margin sits near -155% and gross margin collapsed from about 80% to 34%, undermining unit economics. The balance sheet is the biggest concern: shareholders' equity is negative at about -$1.41 million and worsening, total assets have shrunk to under $520 thousand, and small debt has re-emerged, implying dependence on external funding and dilution risk. The one bright spot is a sharp reduction in losses and cash burn — operating cash outflow improved from about -$4.6 million in 2021 to -$561 thousand TTM — but the improvement stems from cost cuts rather than scale.
Income Statement
22NegativeBalance Sheet
11Very NegativeCash Flow
24Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.11M | 1.09M | 1.00M | 828.28K | 757.15K | 750.20K |
| Gross Profit | 381.85K | 871.38K | 826.06K | 649.16K | 569.87K | 604.96K |
| EBITDA | -1.48M | -1.33M | -2.65M | -5.29M | -4.88M | -5.55M |
| Net Income | -1.73M | -1.34M | -2.78M | -5.43M | -5.04M | -5.71M |
Balance Sheet | ||||||
| Total Assets | 519.46K | 213.60K | 620.15K | 330.11K | 2.47M | 7.34M |
| Cash, Cash Equivalents and Short-Term Investments | 85.86K | 7,656 | 175.95K | 68.92K | 2.21M | 7.03M |
| Total Debt | 421.45K | 0 | 0 | 117.65K | 0 | 159.33K |
| Total Liabilities | 1.93M | 839.73K | 746.00K | 806.39K | 470.43K | 750.22K |
| Stockholders Equity | -1.41M | -626.13K | -125.85K | -476.27K | 2.00M | 6.59M |
Cash Flow | ||||||
| Free Cash Flow | -561.24K | -712.98K | -2.72M | -4.50M | -4.43M | -4.62M |
| Operating Cash Flow | -561.23K | -712.98K | -2.72M | -4.49M | -4.42M | -4.60M |
| Investing Cash Flow | 0 | 0 | 0 | -6,525 | -5,534 | -19.35K |
| Financing Cash Flow | 641.25K | 542.47K | 2.86M | 2.40M | -134.91K | 8.22M |
ProStar Holdings Inc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MAPS, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 43.12 is Neutral, neither overbought nor oversold. The STOCH value of 77.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MAPS.
ProStar Holdings Inc Peers Comparison
Overall Rating
TSE:CTZ77Outperform
TSE:RSS55Neutral
TSE:RW47Neutral- TSE:MAPS37Underperform
TSE:NTAR37Underperform
TSE:IMP34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:CTZ | 77Outperform | CAD 29.81M | 12.02 | 26.14% | ― | 10.36% | 3.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:RSS | 55Neutral | CAD 44.54M | 481.82 | -19.46% | ― | 170.60% | ― |
| TSE:RW | 47Neutral | CAD 9.21M | -29.22 | -181.34% | ― | -3.65% | -192.77% |
| TSE:MAPS | 37Underperform | CAD 22.61M | -9.39 | 202.94% | ― | 20.09% | 17.58% |
| TSE:NTAR | 37Underperform | CAD 11.83M | -2.86 | 74.69% | ― | 18.40% | 36.36% |
| TSE:IMP | 34Underperform | CAD 58.29M | -3.75 | -43.54% | ― | -66.56% | -940.17% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MAPS | ProStar Holdings Inc | 0.14 | 0.02 | 12.00% | |
| TSE:CTZ | Namsys Inc. | 1.11 | -0.09 | -7.50% | |
| TSE:IMP | Intermap Technology | 0.79 | -1.94 | -71.06% | |
| TSE:RW | Renoworks Software | 0.23 | -0.43 | -65.38% | |
| TSE:RSS | Resaas Services | 0.53 | 0.16 | 43.24% | |
| TSE:NTAR | NexTech AR Solutions Corp | 0.05 | -0.12 | -69.70% |
ProStar Holdings Inc Corporate Events
ProStar Wins Penhall Subsurface as PointMan Adoption Advances Construction Digital Shift
PositiveProStar Holdings Inc., a provider of geospatial intelligence and precision mapping software for critical infrastructure, has secured a key customer win as Penhall Subsurface adopts its PointMan Enterprise platform for utility locating and subsurface...
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 26, 2026