GoldSpot Discoveries (SPOT) AI Stock Analysis

• Market Cap: $36.78M
• Dividend Yield: N/A
• Average Volume (3M): 114.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: 50.43%
• EPS Growth: 97.71%
• Country: CA
• Employees: 32
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.04
• Shares Outstanding: 138,799,090
• 10 Day Avg. Volume: 151,692
• 30 Day Avg. Volume: 114,157
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.26
• Enterprise Value/Revenue: -0.65
• Enterprise Value/Gross Profit: -0.65
• Enterprise Value/Ebitda: 61.13
• 1Y Price Target: $0.49
• Price Target Upside: 89.69% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by strong revenue growth and a solid balance sheet, but is significantly hindered by ongoing profitability challenges. Technical analysis shows positive short-term trends, but valuation remains a concern due to negative earnings and lack of dividends.

GoldSpot Discoveries Business Overview & Revenue Model

Company Description

EarthLabs Inc. operates as a technology services company in mineral exploration in Canada. The company operates in two segments, Exploration Technology Division and Financial Technology Division. The Exploration Technology Division segment offers LithoLens, a proprietary core imaging technology that automatically and consistently examines old core images to create fresh and accurate geological logs; MinusOne, a proprietary geophysical data inversion platform for creating 3-D models from geophysical data processed using deterministic and stochastic inversion methods; GeoFEZ, a processing software that extracts new insight from common exploration data, such as potential field data, topographic data, hyperspectral data, radiometric data, and electromagnetic data; and multi-parameter acquisition survey system, which allows the simultaneous capture of gradient magnetics, LiDAR, 4-band orthophoto imagery, and electromagnetic information in the very low frequency band and radiometric data. This segment also provides GeoticLog, a customizable core-logging platform; GeoticMine, a 3-D geological modelling and visualization solution; GeoticSection, a drill-hole visualizer; GeoticCAD, an industry tool with an integrated drawing motor; and GeoticField, a field-based survey data entry platform. The Financial Technology Division segment offers Resource Quantamental, an artificial intelligence decision engine for investments; CEO.CA, a social network for investors and traders in junior resource and venture stocks with online and mobile functionality; and DigiGeoAtlas platform, a software-based GIS interactive mapping interface alongside its DigiGeoMaps distribution business, as well as provides a range of cloud-based and interoperable web applications. This segment also provides smart targets, image analytics, geophysics, structural geology, geochemistry, and field geology services. The company was formerly known as GoldSpot Discoveries Corp. and changed its name to EarthLabs Inc. in September 2022. EarthLabs Inc. is headquartered in Toronto, Canada.

How the Company Makes Money

GoldSpot Discoveries generates revenue through several key streams. Primarily, the company earns money by providing consulting services to mining companies, where it applies its AI-driven technology to optimize exploration efforts and mineral resource identification. Additionally, GoldSpot may receive compensation through joint ventures or partnerships with mining firms, where they share in the profits generated from successful discoveries. Furthermore, the company could also monetize its proprietary software by licensing it to other industry players. Significant partnerships with established mining companies can enhance credibility and lead to increased project opportunities, thereby contributing to overall earnings.

GoldSpot Discoveries Financial Statement Overview

Summary

GoldSpot Discoveries shows a mixed financial position. The balance sheet is stable with strong equity and low debt, but the income statement reveals significant net losses and negative margins. Cash flow has improved but remains inconsistent. The company needs to enhance operational efficiencies and stabilize revenue growth.

Income Statement

The company's income statement shows a challenging financial performance. Gross profit margin for TTM is approximately 68.97%, indicating good cost management relative to revenues. However, the company is facing significant net losses, with a net profit margin of -95.29% and declining EBIT and EBITDA margins, both negative. Revenue growth was strong initially but has been inconsistent with recent declines, reflecting volatility in income generation. The negative margins and losses highlight a need for improvement in operational efficiency and cost control.

Balance Sheet

The balance sheet is relatively stable, with a strong equity base. The debt-to-equity ratio is low due to minimal debt levels, and the equity ratio is around 84.75%, indicating a high reliance on equity financing. Although the company maintains a healthy cash position, the declining total assets and stockholders' equity over recent periods may pose future challenges if the trend continues. The company appears financially stable but must manage its assets wisely to maintain this stability.

Cash Flow

Cash flow statements reveal mixed results. The company has improved its operating cash flow in the TTM period, but free cash flow growth is inconsistent. The operating cash flow to net income ratio is positive in the TTM period, indicating some success in converting income to cash, but the free cash flow to net income ratio remains low due to significant net losses. Overall, the company needs to stabilize its cash flows to ensure long-term financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.71M	7.52M	1.93M	-6.84M	16.12M	17.46M
Gross Profit	14.55M	7.00M	686.28K	-8.01M	15.82M	17.46M
EBITDA	-155.30K	-5.55M	-17.27M	-24.19M	3.13M	11.97M
Net Income	-393.16K	-6.19M	-16.62M	-6.85M	11.04M	10.38M
Balance Sheet
Total Assets	50.15M	44.93M	49.25M	63.27M	73.13M	23.73M
Cash, Cash Equivalents and Short-Term Investments	43.16M	38.82M	42.46M	49.37M	49.73M	22.29M
Total Debt	1.72M	1.76M	2.14M	139.51K	226.74K	281.58K
Total Liabilities	6.67M	7.11M	5.59M	5.18M	12.11M	5.34M
Stockholders Equity	43.47M	37.83M	43.66M	58.10M	61.02M	18.29M
Cash Flow
Free Cash Flow	742.74K	-3.25M	-17.67M	18.65M	-10.74M	462.11K
Operating Cash Flow	788.42K	-3.15M	-17.24M	18.66M	-9.44M	486.65K
Investing Cash Flow	-45.69K	-96.02K	-2.94M	206.11K	-8.39M	-700.34K
Financing Cash Flow	-54.09K	-198.38K	56.30K	-74.22K	19.91M	-81.35K

GoldSpot Discoveries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPOT, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.21, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 61.69 is Neutral, neither overbought nor oversold. The STOCH value of 80.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPOT.

GoldSpot Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ALYA	58 Neutral	$197.96M	45.78	2.20%	―	-0.76%	―
SPOT	53 Neutral	$36.78M	―	-0.82%	―	50.43%	97.71%
VIS	45 Neutral	C$5.17M	―	-3428.85%	―	-15.33%	47.13%
KNR	45 Neutral	C$104.58M	13.71	-10.74%	―	-63.58%	-112.17%
PVT	43 Neutral	C$36.17M	―	-4.98%	―	-11.75%	74.20%
FARM	40 Underperform	C$8.31M	―	―	―	-18.97%	-55.19%

GoldSpot Discoveries Corporate Events

EarthLabs Expeditions Unveils New Episode on Bolivia’s Mining Potential

EarthLabs Expeditions has released Episode 6 of its travel documentary series, focusing on the junior mining and exploration industry. This episode highlights Eloro Resources and its Iska Iska polymetallic deposit in Bolivia, showcasing the potential of this discovery to become a world-class mining district. The series aims to provide an unfiltered view of the industry, spotlighting significant discoveries and impactful projects.

The most recent analyst rating on (TSE:SPOT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on GoldSpot Discoveries stock, see the TSE:SPOT Stock Forecast page.

EarthLabs Inc. Reports Strong Q2 2025 Financial Performance

EarthLabs Inc. reported a strong financial performance for the second quarter of 2025, with a notable increase in advertising revenue by 10.5% year-over-year and subscription revenue by 4.1%. The company achieved significant net investment gains of $6.5 million, contributing to a net income of $5.2 million for the quarter. These results highlight the company’s robust core operations and effective investment strategy, enhancing its industry positioning and providing positive implications for stakeholders.

The most recent analyst rating on (TSE:SPOT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on GoldSpot Discoveries stock, see the TSE:SPOT Stock Forecast page.

The Northern Miner Launches $1M Treasure Hunt Celebrating Canada’s Mining Heritage

The Northern Miner has launched ‘The Great Canadian Treasure Hunt,’ a nationwide contest offering a $1 million grand prize in gold coins, with additional monthly prizes, to celebrate Canada’s rich mining heritage. This initiative, supported by industry sponsors, aims to engage the public in exploring Canada’s mining roots and highlight the sector’s contributions to modern life and future innovations, particularly in clean energy and resource security.