Wilmington Cap A NV (WCM.A) AI Stock Analysis

Wilmington Cap A NV

(TSX:WCM.A)

Select Model

Rating:43Neutral

Price Target:CAD 2.50▲(0.00% Upside)

Action:reiterated

Date:09/24/26

The overall score is driven primarily by very weak and unstable financial performance, with a recent collapse in revenue, a return to losses, and persistently negative operating cash flows despite a conservatively leveraged balance sheet. Secondary influences are neutral‑to‑slightly negative technicals that show muted, non‑directional trading rather than clear strength, and a cautious valuation view given the negative P/E and lack of visible dividend data, leaving the stock in a low 40s range where downside financial risks dominate but are modestly tempered by low leverage and subdued market volatility.

Positive Factors

Very low leverageExtremely low leverage reduces financial risk and limits the burden of debt service, leaving the company better positioned to withstand operating weakness. A largely equity-funded balance sheet also preserves flexibility to absorb losses or support future business needs without relying heavily on borrowing.

Negative Factors

Revenue collapse and recent lossRevenue falling to zero is a severe deterioration in the operating base and directly undermines the company’s ability to produce recurring earnings. The associated net loss and negative operating earnings indicate that the latest period lacks the revenue scale needed to support a durable profit model.

Wilmington Cap A NV (WCM.A) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 28.75M
Dividend Yield: ―
Average Volume (3M): 7,800
Price to Earnings (P/E): 3.9
Beta (1Y): -0.30
Revenue Growth: 23.64%
EPS Growth: ―
Country: Canada
Employees: 3
Sector: Financial
Sector Strength: 68
Industry: Asset Management

Wilmington Cap A NV Business Overview & Revenue Model

Company Description

Wilmington Capital Management Inc. operates as a private equity entity, concentrating its investments on specialized or "special situation" opportunities. Its primary investment focus lies within the real estate and energy sectors. The organization p...

Wilmington Cap A NV Financial Statement Overview

Summary

Financial performance is very weak and volatile: revenue has recently collapsed to zero, profitability has turned to sizable losses, and operating cash flow is persistently negative, partially offset only by a conservatively financed balance sheet with low leverage and a still‑solid equity cushion.

Income Statement

32Negative

Balance Sheet

74Positive

Cash Flow

24Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0	0	3.68M	3.81M	1.23M	645.00K
Gross Profit	-3,000	-4,000	3.68M	3.81M	1.22M	634.00K
EBITDA	8.05M	-723.00K	-13.00K	3.07M	3.30M	-230.00K
Net Income	8.24M	-451.00K	372.00K	2.29M	2.80M	-461.00K
Balance Sheet
Total Assets	44.28M	36.40M	38.69M	74.17M	70.77M	64.02M
Cash, Cash Equivalents and Short-Term Investments	2.60M	24.01M	36.31M	27.66M	26.01M	36.92M
Total Debt	38.00K	56.00K	90.00K	123.00K	154.00K	164.00K
Total Liabilities	624.00K	793.00K	2.45M	2.87M	2.38M	1.41M
Stockholders Equity	43.65M	35.60M	36.23M	71.30M	68.39M	62.62M
Cash Flow
Free Cash Flow	-143.00K	-2.91M	-3.46M	-6.69M	2.02M	763.00K
Operating Cash Flow	-143.00K	-2.91M	-941.00K	-59.00K	268.00K	-77.00K
Investing Cash Flow	-31.12M	-9.35M	62.09M	7.08M	1.83M	-909.00K
Financing Cash Flow	-38.00K	-38.00K	-35.51M	-360.00K	-19.00K	-145.00K

Wilmington Cap A NV Technical Analysis

Technical Analysis SentimentNegative

Last Price2.50

Price Trends

50DMA2.50Negative

100DMA2.53Negative

200DMA2.50Positive

Market Momentum

MACD-0.00Negative

RSI45.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WCM.A, the sentiment is Negative. The current price of 2.50 is below the 20-day moving average (MA) of 2.50, below the 50-day MA of 2.50, and above the 200-day MA of 2.50, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WCM.A.

Wilmington Cap A NV Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

TSE:WCM.A against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:SEC	86Outperform	CAD 1.07B	1.73	28.64%	―	-18.31%	265.83%
TSE:QRC	79Outperform	CAD 728.81M	2.09	47.52%	2.63%	33.16%	―
TSE:AGF.B	73Outperform	CAD 931.71M	6.69	11.46%	3.62%	12.19%	26.48%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TSE:FSZ	49Neutral	CAD 298.73M	15.39	7.95%	15.32%	-1.48%	-47.10%
TSE:WCM.A	43Neutral	CAD 31.04M	3.88	21.06%	―	23.64%	―

* Financial Sector Average

Performance Comparison

TSE:WCM.A and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:WCM.A	Wilmington Cap A NV	2.50	0.00	0.00%
TSE:AGF.B	Agf Management B Nv	14.83	0.63	4.40%
TSE:QRC	Queen's Road Capital Investment Ltd.	13.21	4.72	55.65%
TSE:FSZ	Fiera Capital A	2.76	-3.05	-52.48%
TSE:SEC	Senvest Capital	440.00	56.50	14.73%

Wilmington Cap A NV Corporate Events

Business Operations and StrategyFinancial Disclosures

Wilmington Capital Swings to Profit Amid Strategic Shift into Energy Investments

Positive

Aug 6, 2026

Wilmington Capital Management Inc. reported a sharp turnaround in financial performance for the three and six months ended June 30, 2026, posting net income of $5.6 million and $8.1 million versus losses in the prior-year periods. The improvement was...

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.

Date of analysis: Sep 24, 2026

Wilmington Cap A NV AI Stock Analysis