TeraGo Inc. AI Stock Analysis
Want to see TSE:TGO full AI Analyst Report?
TeraGo Inc. (TGO) AI Stock Analysis
TeraGo Inc.
(TSX:TGO)
The score is primarily constrained by severe balance-sheet weakness, persistent losses, declining revenue, and negative cash-flow trends. Improving operating metrics and constructive management commentary provide some support, while technical momentum and valuation remain weak.
TeraGo Inc. (TGO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 62.46M
- Dividend Yield
- ―
- Average Volume (3M)
- 13.11K
- Price to Earnings (P/E)
- -3.0
- Beta (1Y)
- -0.11
- Revenue Growth
- -3.69%
- EPS Growth
- 26.32%
- Country
- Canada
- Employees
- 93
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Telecommunications Services
TeraGo Inc. Business Overview & Revenue Model
Company Description
TeraGo Inc., together with its subsidiaries, provides connectivity services for businesses in Canada. The company owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, fiber-based, and Internet protocol...
TeraGo Inc. Earnings Call Summary
The call was broadly positive. Management highlighted improving adjusted EBITDA, expanding margins, stronger operating cash flow, lower net losses, higher ARPA, positive 2026 bookings, a growing enterprise pipeline, and a strategic millimeter wave spectrum position. These positives were tempered by a year-over-year revenue decline, lower backlog MRR, a marginal quarterly increase in churn, continued net losses, and longer deployment timelines.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management said revenue has been “flattish or stabilized,” is “at that cusp of- turning that corner” “towards the end of this year and going into 2027,” and “should see that revenue increasing as we go forward”; “year-to-date bookings in 2026 are much higher than last year,” net bookings are “significantly positive,” and “Q2, Q3, we're kind of bottoming out where we are, and it's going to go to the upward trajectory.” Management believes ARPA will “continue to increase” after rising 4.6% to CAD 1,298 in Q3 2026 from CAD 1,241, while churn was 1.1% versus 1% and held flat at 1% for the first nine months, and backlog MRR was CAD 71,131 versus CAD 95,832. As it heads into 2027, TERAGO plans to convert larger opportunities into signed business, bring customers into service quickly, grow with mid-market enterprise customers, maintain cost discipline, and prepare for the transition of its spectrum to flexible use and the auction scheduled for January 2028.
TeraGo Inc. Financial Statement Overview
Summary
Severe financial weakness: revenue and profitability have declined, equity is negative, leverage is extreme, and operating and free cash flow are under pressure. Positive EBITDA and a meaningful asset base provide limited support.
Income Statement
22NegativeBalance Sheet
10Very NegativeCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.98M | 25.36M | 26.16M | 26.05M | 27.62M | 43.30M |
| Gross Profit | 4.69M | 9.41M | 19.18M | 19.10M | 20.18M | 32.16M |
| EBITDA | 2.73M | 1.15M | 2.79M | 496.00K | 603.00K | 3.28M |
| Net Income | -15.93M | -16.77M | -13.27M | -13.19M | -11.57M | -15.17M |
Balance Sheet | ||||||
| Total Assets | 53.12M | 58.97M | 53.99M | 53.50M | 55.38M | 93.23M |
| Cash, Cash Equivalents and Short-Term Investments | 6.59M | 12.65M | 4.42M | 4.64M | 7.38M | 5.48M |
| Total Debt | 50.00M | 48.42M | 44.33M | 31.93M | 20.50M | 35.91M |
| Total Liabilities | 54.15M | 53.37M | 49.07M | 36.16M | 25.78M | 52.97M |
| Stockholders Equity | -1.03M | 5.60M | 4.92M | 17.33M | 29.60M | 40.26M |
Cash Flow | ||||||
| Free Cash Flow | -8.64M | -5.16M | 1.48M | -5.45M | -4.96M | 1.94M |
| Operating Cash Flow | -4.65M | -1.30M | 5.01M | 501.00K | 1.25M | 9.32M |
| Investing Cash Flow | -2.22M | -2.58M | -3.52M | -5.02M | 18.82M | -7.75M |
| Financing Cash Flow | 11.73M | 12.28M | -1.90M | 2.69M | -19.34M | -1.95M |
TeraGo Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TGO, the sentiment is Neutral. The current price of 1.44 is below the 20-day moving average (MA) of 1.80, below the 50-day MA of 1.59, and above the 200-day MA of 1.24, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 44.77 is Neutral, neither overbought nor oversold. The STOCH value of 44.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:TGO.
TeraGo Inc. Peers Comparison
Overall Rating
TSE:QBR.A76Outperform
TSE:BCE63Neutral
TSE:CCA55Neutral
TSE:RCI.B53Neutral
TSE:T49Neutral- TSE:TGO46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:QBR.A | 76Outperform | CAD 17.25B | 17.24 | 36.75% | 2.03% | 3.70% | 25.04% |
| TSE:BCE | 63Neutral | CAD 28.41B | 11.81 | 10.82% | 5.72% | 1.81% | -61.27% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| TSE:CCA | 55Neutral | CAD 2.23B | -2.02 | -43.35% | 7.46% | -4.04% | -443.15% |
| TSE:RCI.B | 53Neutral | CAD 25.43B | 27.26 | 4.97% | 4.22% | 8.04% | -86.72% |
| TSE:T | 49Neutral | CAD 19.33B | -9.25 | -14.32% | 11.88% | -1.41% | -269.06% |
| TSE:TGO | 46Neutral | CAD 62.46M | -3.04 | -2436.24% | ― | -3.69% | 26.32% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:TGO | TeraGo Inc. | 1.44 | 0.64 | 80.00% | |
| TSE:BCE | Bce Inc | 30.60 | -0.13 | -0.41% | |
| TSE:RCI.B | Rogers Communication | 47.44 | -4.68 | -8.98% | |
| TSE:T | Telus Corp | 12.14 | -6.28 | -34.10% | |
| TSE:QBR.A | Quebecor Inc Cl A MV | 80.00 | 28.29 | 54.70% | |
| TSE:CCA | Cogeco Communications | 53.20 | -8.11 | -13.23% |
TeraGo Inc. Corporate Events
TERAGO Announces Conference Call for Third-Quarter 2026 Results
NeutralTERAGO Inc. is a Canadian provider of managed network and security services for businesses. Its portfolio includes private 5G wireless networks, fixed wireless access, fiber and cable connectivity, and SD-WAN solutions, with a focus on secure, reliab...
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 13, 2026