Novra Technologies (NVI) AI Stock Analysis

Novra Technologies

(TSXV:NVI)

Select Model

Rating:44.6Neutral

Price Target:CAD 0.11▼(-2.61% Downside)

Action:reiterated

Date:09/06/26

The overall score reflects a fragile financial profile with volatile revenues, earnings, and cash flows and a still‑leveraged balance sheet despite recent improvements, combined with neutral‑to‑soft technicals showing short‑term pressure and high share price volatility; the lack of positive earnings and dividend support keeps valuation attractiveness limited, resulting in a cautious, below‑average rating.

Positive Factors

Positive Cash GenerationTTM operating cash flow of about 0.65M and free cash flow of about 0.47M provide internally generated funds for ongoing support, product development, and obligations. Positive cash generation despite a small net loss is a useful resilience factor over the coming quarters.

Negative Factors

Revenue ContractionTTM revenue declined about 10.9%, indicating weaker demand or delivery activity across the company's project- and order-driven model. Continued contraction would reduce operating leverage and make it harder to absorb fixed costs, limiting the ability to convert gross margin into profit.

Novra Technologies (NVI) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 3.84M
Dividend Yield: ―
Average Volume (3M): 12.07K
Price to Earnings (P/E): -33.8
Beta (1Y): 0.07
Revenue Growth: -10.92%
EPS Growth: -135.71%
Country: Canada
Employees: 30
Sector: Technology
Sector Strength: ―
Industry: Communication Equipment

Novra Technologies Business Overview & Revenue Model

Company Description

Novra Technologies Inc., along with its subsidiaries, specializes in delivering comprehensive solutions—encompassing hardware, software, and services—for distributing data via satellite. Its operations span a global footprint, serving diverse markets...

How the Company Makes Money

Novra Technologies primarily generates revenue by selling and supporting satellite reception and content/data distribution equipment and related software. Key revenue streams generally include: (1) product revenue from hardware such as satellite rece...

Novra Technologies Financial Statement Overview

Summary

Financial performance is slightly below average: gross margins are solid in the mid‑40% range and cash flow has recently turned positive, but earnings, revenue, and cash generation are highly volatile, leverage remains elevated with debt around 2.5x equity, and the latest TTM period shows renewed losses and revenue pressure despite prior improvement.

Income Statement

46Neutral

Balance Sheet

40Negative

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.40M	5.44M	3.97M	7.45M	7.60M	7.21M
Gross Profit	2.01M	2.42M	1.87M	4.08M	4.14M	3.33M
EBITDA	144.62K	1.58M	-832.79K	792.17K	981.79K	1.49M
Net Income	-135.91K	763.44K	-1.31M	-99.61K	-907.17K	-118.75K
Balance Sheet
Total Assets	7.49M	5.71M	5.43M	7.31M	8.81M	9.47M
Cash, Cash Equivalents and Short-Term Investments	3.60M	1.47M	1.08M	2.45M	1.97M	2.97M
Total Debt	3.07M	4.53M	5.37M	5.43M	5.72M	5.35M
Total Liabilities	6.73M	8.69M	9.93M	9.93M	11.65M	11.65M
Stockholders Equity	1.24M	-2.77M	-4.33M	-2.83M	-2.81M	-1.73M
Cash Flow
Free Cash Flow	472.87K	1.43M	-671.50K	-510.44K	815.95K	-376.28K
Operating Cash Flow	645.60K	1.43M	-41.33K	110.19K	1.34M	251.71K
Investing Cash Flow	-162.62K	-178.48K	-630.17K	733.77K	-1.88M	-627.99K
Financing Cash Flow	2.03M	-818.69K	-470.74K	-497.65K	-702.19K	-1.12M

Novra Technologies Technical Analysis

Technical Analysis SentimentNegative

Last Price0.12

Price Trends

50DMA0.12Negative

100DMA0.13Negative

200DMA0.13Negative

Market Momentum

MACD0.00Negative

RSI49.24Neutral

STOCH53.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVI, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 49.24 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NVI.

Novra Technologies Peers Comparison

Overall Rating

UnderperformOutperform

Financial Indicators

TSE:NVI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:TTZ	84Outperform	CAD 9.81M	17.21	10.39%	―	16.80%	34.88%
TSE:NVI	45Neutral	CAD 3.84M	-33.82	18.72%	―	-10.92%	-135.71%
TSE:VTI	41Neutral	CAD 247.54K	-0.01	-48.25%	―	-6.54%	63.10%
TSE:YFI	39Underperform	CAD 8.62M	-6.03	108.98%	―	―	39.80%
TSE:IMI	38Underperform	CAD 9.55M	-1.78	-139.67%	―	―	―

* Technology Sector Average

Performance Comparison

TSE:NVI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:NVI	Novra Technologies	0.12	0.04	53.33%
TSE:IMI	Lite Access Technologies	0.06	-0.05	-47.62%
TSE:TTZ	Total Telcom	0.37	0.10	39.62%
TSE:VTI	Valdor Technology International	0.17	-2.33	-93.40%
TSE:YFI	Edgewater Wireless Systems	0.04	-0.01	-30.00%

Novra Technologies Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Novra Technologies Secures $1.3 Million Private Placement to Fund Expansion

Positive

Oct 28, 2026

Novra Technologies Inc., a multimedia broadband content distribution specialist with operations in Canada and the U.S., serves global broadcast, digital signage, data distribution and defence markets through its Novra Group companies. The firm levera...

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: Sep 06, 2026

Novra Technologies AI Stock Analysis