ProStar Holdings Inc (MAPS) AI Stock Analysis

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ProStar Holdings Inc

(TSXV:MAPS)

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Rating:40Underperform

Price Target:CAD 0.14▼(-4.83% Downside)

Action:downgraded

Date:11/04/26

Low score driven primarily by severely weak financial performance including losses, negative equity, and cash burn, with secondary pressure from bearish technical indicators and unattractive valuation.

Positive Factors

Revenue GrowthGrowing revenue across annual periods, with further acceleration in the trailing twelve months, indicates improving demand for the company’s solutions. Sustained top-line traction can broaden customer adoption, support operating leverage over time, and provide a foundation for future scale if execution remains consistent.

Negative Factors

Persistent UnprofitabilityPersistent operating and net losses show that revenue growth has not yet translated into a self-sustaining earnings model. Continued losses can constrain reinvestment, require additional financing, and make the company more sensitive to any slowdown in customer adoption or expansion.

ProStar Holdings Inc (MAPS) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 20.19M
Dividend Yield: ―
Average Volume (3M): 28.05K
Price to Earnings (P/E): -8.2
Beta (1Y): -1.95
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

Extremely weak with TTM net loss of $1.73M, negative equity of $1.41M, and persistent negative operating and free cash flow indicating high insolvency risk.

Income Statement

22Negative

Balance Sheet

12Very Negative

Cash Flow

8Very Negative

Financial statement breakdown
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

Technical Analysis SentimentNegative

Last Price0.14

Price Trends

50DMA0.16Negative

100DMA0.17Negative

200DMA0.16Negative

Market Momentum

MACD-0.01Positive

RSI40.96Neutral

STOCH18.52Positive

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 Positive momentum. The RSI at 40.96 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, 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

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:MAPS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:CTZ	77Outperform	CAD 31.69M	12.55	26.14%	―	10.36%	3.87%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:RW	47Neutral	CAD 8.80M	-28.57	-181.34%	―	-3.65%	-192.77%
TSE:NTAR	42Neutral	CAD 14.20M	-3.43	74.69%	―	18.40%	36.36%
TSE:RSS	41Neutral	CAD 41.60M	450.00	-19.46%	―	170.60%	―
TSE:MAPS	40Underperform	CAD 23.42M	-8.23	202.94%	―	20.09%	17.58%
TSE:IMP	34Underperform	CAD 56.81M	-3.69	-43.54%	―	-66.56%	-940.17%

* General Sector Average

Performance Comparison

TSE:MAPS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:MAPS	ProStar Holdings Inc	0.14	0.03	31.82%
TSE:CTZ	Namsys Inc.	1.18	0.01	0.51%
TSE:IMP	Intermap Technology	0.77	-1.56	-66.95%
TSE:RW	Renoworks Software	0.21	-0.29	-57.00%
TSE:RSS	Resaas Services	0.49	0.14	37.50%
TSE:NTAR	NexTech AR Solutions Corp	0.06	-0.11	-65.71%

ProStar Holdings Inc Corporate Events

Business Operations and Strategy

ProStar Wins Penhall Subsurface as PointMan Adoption Advances Construction Digital Shift

Positive

Aug 18, 2026

ProStar 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...

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: Nov 04, 2026

ProStar Holdings Inc AI Stock Analysis