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Pathfinder Ventures Inc
(RV)
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Rating:41Neutral
Price Target:
C$0.03
▼(-3.33% Downside)
Action:Reiterated
Date:09/24/26
The score is weighed down primarily by financial risk: persistent net losses, negative operating/free cash flow, and extremely high leverage versus a thin equity base. Technical indicators also reflect weak momentum and a longer-term downtrend. Valuation provides limited support because the company is unprofitable and no dividend yield is available.
Positive Factors
Gross Margin Improvement
The sharp improvement in gross margin indicates better unit economics and operating efficiency in the resort business. If sustained, stronger gross profitability can provide more contribution toward fixed costs, support reinvestment in guest amenities, and improve the path toward durable earnings.
Negative Factors
Persistent Net Losses
The substantial net loss shows that improved gross margins and positive EBITDA have not yet translated into sustainable bottom-line profitability. Continued losses can consume equity, restrict reinvestment, and leave the company dependent on external capital until operating performance improves further.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross Margin Improvement
The sharp improvement in gross margin indicates better unit economics and operating efficiency in the resort business. If sustained, stronger gross profitability can provide more contribution toward fixed costs, support reinvestment in guest amenities, and improve the path toward durable earnings.
Read all positive factors
Pathfinder Ventures Inc (RV) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.79M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-0.04
Revenue Growth8.68%
EPS Growth58.80%
CountryCA
Employees15
SectorGeneral
Sector StrengthN/A
IndustryPersonal Products & Services
Share Statistics
EPS (TTM)-0.03
Shares Outstanding59,824,620
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.93
Price to Sales (P/S)0.61
P/FCF Ratio-6.15
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
Pathfinder Ventures Inc Business Overview & Revenue Model
Company Description
Pathfinder Ventures, Inc. engages in the development of network of recreational vehicle parks and campgrounds under the name "Pathfinder Camp Resorts". It provides camp resorts in British Columbia and is focused on growing its network through both...
How the Company Makes Money
Pathfinder Ventures’ primary revenue model is based on earning lodging and site-use fees from its RV resort/campground operations. Key revenue streams typically include (1) short-term nightly/weekly campsite rentals for transient RV travelers, (2)...
Pathfinder Ventures Inc Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.81M | 3.70M | 3.39M | 3.37M | 3.37M | 2.46M |
| Gross Profit | 2.52M | 1.27M | 3.17M | 561.30K | 3.18M | 2.30M |
| EBITDA | 421.32K | 189.64K | -335.53K | -294.26K | -367.52K | -789.22K |
| Net Income | -1.47M | -1.47M | -2.04M | -2.07M | -2.26M | -3.37M |
Balance Sheet | ||||||
| Total Assets | 14.72M | 14.18M | 15.19M | 14.05M | 14.98M | 15.71M |
| Cash, Cash Equivalents and Short-Term Investments | 384.26K | 229.72K | 826.12K | 456.10K | 982.48K | 2.09M |
| Total Debt | 11.82M | 11.42M | 11.14M | 10.65M | 10.53M | 9.66M |
| Total Liabilities | 14.42M | 13.41M | 12.94M | 12.28M | 11.90M | 10.62M |
| Stockholders Equity | 295.91K | 775.41K | 2.25M | 1.78M | 3.08M | 5.09M |
Cash Flow | ||||||
| Free Cash Flow | -272.29K | -369.69K | -441.57K | -1.34M | -973.52K | -6.88M |
| Operating Cash Flow | -180.65K | -43.37K | -201.86K | -1.26M | 227.94K | -767.73K |
| Investing Cash Flow | -87.64K | -326.32K | -739.21K | -82.65K | -1.20M | -5.46M |
| Financing Cash Flow | 460.99K | -226.71K | 1.31M | 813.72K | -136.90K | 7.21M |
Pathfinder Ventures Inc Technical Analysis
Negative
0.03
Price Trends
0.03
Negative
0.03
Negative
0.04
Negative
Market Momentum
>-0.01
Negative
37.28
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RV, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.28 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RV.
Pathfinder Ventures Inc Peers Comparison
UnderperformOutperform
Sector (55)
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Pathfinder Ventures Inc
0.03
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0.01
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TSE:BET
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0.01
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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.