01 Communique Laboratory Inc. (TSE:ONE)
:ONE
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01 Communique Laboratory Inc.
(ONE)
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Rating:54Neutral
Price Target:
C$0.63
▼(-12.22% Downside)
Action:Reiterated
Date:06/02/26
The score is held back primarily by weak financial performance (large losses and negative cash flow) despite strong revenue growth and high gross margins. Technicals are a key offset, showing a clear uptrend with positive momentum. Valuation is constrained by negative earnings and no dividend support.
Positive Factors
Revenue Growth
Sustained TTM revenue growth of +34.3% indicates expanding product adoption and market traction. Over a 2–6 month horizon this growth supports better operating leverage potential, improving the odds that fixed costs can be absorbed and margins can expand as scale increases.
Negative Factors
Large Operating Losses
Deep negative EBIT and net margins (~-140% to -150%) show the business is far from profitable. Persistent operating losses erode capital, require ongoing funding or dilution, and indicate structural cost base misalignment with current revenue levels absent sustained revenue scaling or cost reduction.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained TTM revenue growth of +34.3% indicates expanding product adoption and market traction. Over a 2–6 month horizon this growth supports better operating leverage potential, improving the odds that fixed costs can be absorbed and margins can expand as scale increases.
Read all positive factors
01 Communique Laboratory Inc. (ONE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$64.96M
Dividend YieldN/A
Average Volume (3M)415.35K
Price to Earnings (P/E)―
Beta (1Y)-0.57
Revenue Growth157.18%
EPS Growth-328.57%
CountryCA
Employees11
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding108,266,390
10 Day Avg. Volume860,320
30 Day Avg. Volume415,348
Financial Highlights & Ratios
PEG Ratio-0.46
Price to Book (P/B)42.44
Price to Sales (P/S)162.97
P/FCF Ratio-235.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
01 Communique Laboratory Inc. Business Overview & Revenue Model
Company Description
01 Quantum Inc. specializes in the creation and provision of integrated communication software and related services. Its operational reach extends across distinct geographical areas, including the United States, Canada, and Asia. The company was e...
How the Company Makes Money
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01 Communique Laboratory Inc. Earnings Call Summary
Earnings Call Date:Sep 19, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Jun 11, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a cautiously optimistic outlook with the company nearing a break-even point and having strategic advancements in post-quantum cryptography. However, uncertainties in revenue growth and low stock prices pose challenges.Positive Updates
Near Break-Even Financial Position
The financial operating loss in Q3 was down to just about $5,000, indicating a near break-even position.
Negative Updates
Slow Revenue Materialization
There is uncertainty about when revenue will start to materialize significantly, despite the company being in a break-even position.
Read all updates
Q3-2024 Updates
Positive
Negative
Near Break-Even Financial Position
The financial operating loss in Q3 was down to just about $5,000, indicating a near break-even position.
Read all positive updates
Company Guidance
During the Q3 2024 earnings call for 01 Communique, CEO Andrew Cheung highlighted the company's strong position in the emerging post-quantum cybersecurity market. He emphasized the alignment of their IronCAP cryptographic engine with recently announced NIST standards, FIPS 203, 204, and 205, which have been integrated since 2021. Cheung noted that the company's financial operating loss was reduced to approximately $5,000, effectively reaching a breakeven point. Revenue showed a small uptick, and the company continues to operate debt-free. With over $6 million invested in IronCAP development, Cheung expressed confidence in crossing into profitability as the quantum safety market gains traction, particularly in AI, cryptocurrencies, and remote access sectors.01 Communique Laboratory Inc. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
68
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03M | 767.99K | 412.95K | 474.49K | 1.03M | 885.35K |
| Gross Profit | 993.46K | 716.90K | 358.16K | 183.37K | 709.37K | 542.34K |
| EBITDA | -1.48M | -1.04M | -261.86K | -664.23K | -666.43K | -600.22K |
| Net Income | -1.56M | -1.13M | -318.79K | -722.11K | -662.00K | -656.85K |
Balance Sheet | ||||||
| Total Assets | 3.63M | 3.41M | 240.48K | 483.94K | 1.11M | 1.36M |
| Cash, Cash Equivalents and Short-Term Investments | 3.36M | 3.07M | 139.13K | 352.54K | 637.18K | 994.92K |
| Total Debt | 95.85K | 172.32K | 21.07K | 59.88K | 106.87K | 149.45K |
| Total Liabilities | 333.45K | 457.68K | 129.06K | 209.88K | 385.14K | 338.30K |
| Stockholders Equity | 3.30M | 2.95M | 111.42K | 274.06K | 724.85K | 1.02M |
Cash Flow | ||||||
| Free Cash Flow | -800.70K | -532.37K | -125.31K | -305.15K | -514.28K | -408.61K |
| Operating Cash Flow | -793.89K | -527.04K | -124.77K | -303.96K | -497.52K | -400.18K |
| Investing Cash Flow | -2.26M | -2.92M | 79.46K | 68.81K | -168.26K | 51.57K |
| Financing Cash Flow | 3.11M | 3.47M | -88.10K | 20.51K | 158.03K | 381.20K |
01 Communique Laboratory Inc. Technical Analysis
Positive
0.72
Price Trends
0.47
Positive
0.49
Positive
0.56
Positive
Market Momentum
0.05
Negative
60.16
Neutral
50.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ONE, the sentiment is Positive. The current price of 0.72 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.47, and above the 200-day MA of 0.56, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 50.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ONE.
01 Communique Laboratory Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | C$33.07M | 13.64 | 23.36% | ― | 12.32% | 3.30% | |
62 Neutral | C$35.52M | 8.53 | 16.78% | ― | 32.57% | -61.57% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$64.96M | -40.23 | -77.16% | ― | 157.18% | -328.57% | |
47 Neutral | C$1.77B | -40.37 | -105.88% | ― | 147.88% | 2.60% | |
45 Neutral | C$69.54M | -5.32 | -651.25% | ― | -35.91% | 20.44% |
* General Sector Average
TSE:ONE
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01 Communique Laboratory Inc. Corporate Events
Business Operations and StrategyFinancial DisclosuresProduct-Related Announcements
01 Quantum Advances Quantum-Safe Cybersecurity With New Commercial Deployments and AI Security Push
Positive
Mar 19, 2026
01 Quantum reported its first quarter 2026 results, highlighting that its first two IronCAP-based product verticals, quantum-safe remote access and digital assets, are now commercially deployed and beginning to generate revenue via partners. In Ja...
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.