Steer Technologies Inc.

ARGH · V · Technology / Software - Application

0.26CAD-0.01 (-3.70%)

Price History

Full chart

Market Stats

Previous Close0.27

Open0.28

Day Range0.26 – 0.28

52-Week Range0.24 – 0.53

Volume19.22K

Market Cap83.81M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.01

Dividend Yield0.00%

Beta1.18

50-Day Avg0.3065

200-Day Avg0.3301

About

Argo Corporation provides technology-enabled transit solutions in Canada. The company offers Argo Transit, a platform that offers municipalities a full service, electrified, and scalable transit solution, which Argo Transit has been deployed can use the Argo app to request trips at or near door for a standard transit fare. It also provides Argo School, a platform to serve the student transportation market. The company was formerly known as Steer Technologies Inc. and changed its name to Argo Corporation in July 2024. Argo Corporation was founded in 2016 is headquartered in Toronto, Canada.

Company Details

SectorTechnology
IndustrySoftware - Application
CEOMr. Praveen Arichandran
Employees0
Headquarters545 King Street West, Toronto, ON, Canada, M5V 1M1, Canada
Websitehttps://www.rideargo.com

Leadership

Mr. Praveen ArichandranCo-Founder, CEO & Chairman
Mr. Qamar QureshiCo-Founder & Chief Business Officer
Ms. Holly LimCFO & Corporate Secretary
Mr. Sisun LeeChief Product Officer & Co-founder
Ms. Jenna BendayanHead of Business Operations

Financials

Income Statement

Currency: CAD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	3.93M	25.42M	54.92M	14.83M	1.56M	2.21M
Growth (%)	-	-	+546.01%	+116.09%	-72.99%	-89.45%	+41.15%
Cost of Revenue	-	3.23M	27.43M	58.98M	14.42M	236.09K	2.25M
Gross Profit	-	706.09K	-2.01M	-4.06M	415.30K	1.33M	-39.21K
Gross Margin	-	17.95%	-7.92%	-7.39%	2.80%	84.91%	-1.78%
Operating Expense	-	17.71M	23.22M	26.59M	10.38M	10.36M	15.81M
Operating Income	-	-17.00M	-25.23M	-30.65M	-9.97M	-9.03M	-15.85M
Operating Margin	-	-432.10%	-99.26%	-55.81%	-67.20%	-576.89%	-717.44%
EBITDA	-	-	-	-25.86M	16.20M	-12.79M	-13.90M
EBITDA Margin	-	-	-	-47.08%	109.18%	-817.56%	-629.30%
Net Income	-	-17.32M	-29.31M	-33.44M	916.04K	-3.73M	-15.23M
Net Income Margin	-	-440.20%	-115.32%	-60.89%	6.18%	-238.62%	-689.50%
R&D	-	1.44M	2.08M	2.56M	606.76K	1.45M	2.31M
R&D as % of Total Revenue	-	36.71%	8.18%	4.65%	4.09%	92.93%	104.76%
Interest Expense	-	252.68K	811.26K	1.38M	278.52K	2.03M	936.10K
Interest Expense % of Total Revenue	-	6.42%	3.19%	2.51%	1.88%	129.49%	42.38%

Balance Sheet

Currency: CAD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	28.59M	29.53M	32.03M	25.70M	20.81M	27.87M
Total Liabilities	12.85M	19.42M	31.57M	23.55M	19.61M	28.47M
Total Equity	15.73M	10.11M	460.18K	2.15M	1.20M	-599.45K
Cash	3.71M	2.23M	2.06M	146.17K	66.24K	1.40M
Net Debt	-	-	-	13.83K	3.78M	-

Cash Flow

Currency: CAD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-	-9.59M	-19.89M	-17.41M	-7.52M	-3.05M	2.99M
Financing Cash Flow	-	13.06M	18.86M	18.04M	-1.11M	2.84M	898.22K
Capital Expenditure	0	584.98K	1.31M	4.48M	26.90K	620.05K	5.06M
Free Cash Flow	-	-10.18M	-21.20M	-21.89M	-7.55M	-3.67M	-2.07M
Dividends Paid	-	-	-	-	0	0	0
FCF to OCF	-	106.10%	106.61%	125.73%	100.36%	120.31%	-69.11%
Dividend Paid to FCF	-	-	-	-	0.00%	0.00%	0.00%

Earnings

Report Date	Nov 30, 2026
EPS Estimate	-
EPS Actual	-
Surprise	-
Timing	After-hours

Key Statistics & Ratios

Market Cap83.81M

Enterprise Value91.80M

Trailing P/E0.00

Forward P/E0.00

Price / Sales11.68

Price / Book12.26

EPS-0.01

Book Value0.026

Revenue (TTM)7.17M

Gross Profit (TTM)2.94M

EBITDA-8.97M

Profit Margin-8.28%

Operating Margin-37.79%

Return on Equity-146.06%

Return on Assets-21.41%

Shares Outstanding310.42M

Shares Float203.40M

Beta1.18

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

Oct 10, 201910:1
Sep 19, 20191:50