Top Page
Visionstate
(VIS)
Visionstate (VIS) vs. S&P 500 (SPY)
Visionstate Business Overview & Revenue Model
Visionstate Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 444.93K | 492.38K | 289.24K | 410.54K | 540.64K | 130.14K | Gross Profit |
| -422.29K | -155.40K | -275.94K | 365.01K | 528.20K | 121.09K | EBIT |
| -349.60K | -876.85K | -951.58K | -591.27K | -291.74K | -724.75K | EBITDA |
| -925.30K | -891.81K | -1.69M | -573.90K | -981.91K | -610.34K | Net Income Common Stockholders |
| -971.11K | -933.16K | -1.73M | -621.13K | -1.04M | -722.67K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 389.39K | 456.48K | 89.77K | 19.80K | 635.96K | -27.70K | Total Assets |
| 664.78K | 826.07K | 386.62K | 976.75K | 1.49M | 290.28K | Total Debt |
| 153.99K | 170.76K | 243.59K | 251.54K | 180.50K | 243.08K | Net Debt |
| -235.40K | -285.72K | 153.82K | 231.74K | -455.45K | 270.78K | Total Liabilities |
| 465.53K | 517.13K | 641.27K | 720.13K | 830.21K | 1.36M | Stockholders Equity |
| 199.25K | 308.94K | -254.65K | 256.63K | 655.03K | -1.07M |
| Cash Flow | Free Cash Flow | ||||
| -668.91K | -671.66K | -1.01M | -766.04K | -536.56K | -316.36K | Operating Cash Flow |
| -679.91K | -671.66K | -1.01M | -766.04K | -536.56K | -316.36K | Investing Cash Flow |
| -108.00K | -63.00K | -22.75K | -109.98K | -1.29M | 0.00 | Financing Cash Flow |
| 959.33K | 1.10M | 1.11M | 259.86K | 2.47M | 381.43K |
Visionstate Technical Analysis
Visionstate Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $11.59B | 10.39 | -7.23% | 2.94% | 7.46% | -10.77% | |
46 Neutral | C$2.17M | ― | -158.04% | ― | 49.97% | 67.56% | |
44 Neutral | $11.74M | ― | -198.19% | ― | -64.39% | 59.86% | |
40 Underperform | C$2.68M | ― | 30.86% | ― | 5.24% | 1.47% | |
38 Underperform | C$12.66M | ― | 99.64% | ― | 34.05% | -58.84% | |
37 Underperform | $7.19M | ― | 66.88% | ― | -56.34% | 86.85% | |
35 Underperform | C$4.80M | ― | -3466.37% | ― | 11.96% | 59.43% |
Visionstate Corporate Events
Visionstate Corp. successfully launched two new technology solutions, MIRA and WandaLITE, at the Bunzl National Sales Conference. MIRA is an auditing and inspections software aimed at major grocery chains, while WandaLITE is designed to help businesses comply with Ontario’s Bill 190 regarding restroom cleaning records. These products are expected to open significant revenue streams and enhance Visionstate’s market presence in Canada and beyond.
Spark’s Take on TSE:VIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIS is a Underperform.
Visionstate Corp.’s stock score reflects significant financial challenges with ongoing losses and negative cash flows. Technical indicators reinforce a bearish trend, and valuation metrics highlight the unattractive financial standing of the company. Positive corporate developments suggest potential future growth, but they are not yet sufficient to counterbalance the fundamental weaknesses.
To see Spark’s full report on TSE:VIS stock, click here.
Visionstate Corp. has announced its application to the TSX Venture Exchange to extend the expiry dates of two sets of common share purchase warrants, originally set to expire in 2025, by two years to 2027. This move, subject to regulatory approval, aims to provide stakeholders with extended opportunities for investment and reflects Visionstate’s ongoing commitment to enhancing its financial strategies and market presence.
Spark’s Take on TSE:VIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIS is a Underperform.
Visionstate Corp.’s stock score reflects significant financial challenges with ongoing losses and negative cash flows. Technical indicators reinforce a bearish trend, and valuation metrics highlight the unattractive financial standing of the company. Positive corporate developments suggest potential future growth, but they are not yet sufficient to counterbalance the fundamental weaknesses.
To see Spark’s full report on TSE:VIS stock, click here.
Visionstate Corp. has provided an update on its investment in Sol Spaces Inc., which has made significant strides in the greenhouse solutions market. Sol Spaces showcased its high-tech greenhouse at the 2025 Edmonton Home and Garden Show, garnering substantial interest and recognition. The company is expanding its product line with the Sol 48 DIY greenhouse kit and has completed a community-scale greenhouse for a First Nations community. Sol Spaces is also exploring international opportunities, particularly in Mexico, as it continues to innovate in sustainable living solutions. Visionstate holds a 40% equity stake in Sol Spaces through convertible loans, indicating strong confidence in the company’s potential.
Spark’s Take on TSE:VIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIS is a Underperform.
Visionstate’s stock score is low, driven primarily by weak financial performance, bearish technical indicators, and poor valuation metrics. Despite positive corporate events suggesting potential future growth, the company’s current financial challenges and lack of profitability weigh heavily on the overall assessment.
To see Spark’s full report on TSE:VIS stock, click here.
Visionstate Corp. has announced a robust sales pipeline and new technology launches aimed at expanding its market reach. The company is experiencing increased demand for its Wanda platform, an IoT-based solution for tracking cleaning and maintenance in public facilities. Visionstate has introduced WandaLITE, a streamlined version of Wanda, and MIRA, a new application for digital inspections, both of which will be showcased at an upcoming conference. The company is also advancing its proprietary AI model to optimize staff scheduling and routing, positioning itself for growth across North America.
Spark’s Take on TSE:VIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIS is a Underperform.
Visionstate’s overall stock score is low due to significant financial challenges, a bearish technical outlook, and weak valuation metrics. While positive corporate events could potentially enhance growth prospects, they do not sufficiently offset fundamental weaknesses.
To see Spark’s full report on TSE:VIS stock, click here.
Visionstate Corp. has successfully closed an over-subscribed private placement, raising $455,000 through the issuance of 18,200,000 units. This financing will support Visionstate’s growth initiatives, including expanding its WANDA solution into the US market, enhancing sales support, and investing in digital advertising and AI model development for facility management. The move is expected to bolster Visionstate’s market reach and diversify its revenue streams, reinforcing its commitment to delivering innovative technology solutions that improve operational efficiencies and customer experiences.
Visionstate Corp. announced the launch of a standalone inspections application in early Q3, designed to streamline auditing processes for facility managers and integrate with its WANDA product. This initiative is expected to create a new revenue stream by digitizing processes and enhancing reporting capabilities. Additionally, Visionstate is collaborating with the Alberta Machine Intelligence Institute to develop an AI model for optimizing cleaning schedules, with completion anticipated in Q4 2025. This AI initiative aims to transform facility management by turning complex tasks into optimized processes. Visionstate has also updated its WANDA software to comply with Ontario’s new cleaning verification legislation, ensuring that facility managers can meet regulatory requirements effectively.
Visionstate Corp. has implemented its WANDA technology in Banff, Alberta, enhancing facility management in this popular tourist destination. The system offers real-time monitoring, automated alerts, and visitor counting to improve operational efficiency. It also allows the public to report issues via QR codes, aligning with industry trends towards digital cleaning management. This move supports recent Canadian legislative changes requiring digital tracking of cleaning activities, positioning Visionstate as a leader in modernizing facility management and ensuring compliance with evolving standards.
Visionstate Corp. has announced a non-brokered private placement of up to $450,000 to support its growth initiatives. The funds will be used to expand into the US market, particularly for its WANDA solution, and to enhance its AI model for facility management scheduling. This move is expected to bolster Visionstate’s market presence and diversify its revenue streams.
Visionstate Corp. has opened a new office in Seattle, Washington, as part of its strategic expansion into the U.S. market. This move aims to boost the adoption of its WANDA technology and strengthen customer and partner engagement. The Seattle office is expected to serve as a key hub for growth, leveraging the city’s innovative ecosystem and its proximity to Visionstate’s headquarters in Edmonton. Additionally, Visionstate is preparing for a U.S. listing, carefully timing its launch to align with favorable market conditions, which underscores the company’s commitment to maximizing shareholder value and long-term growth.