YOLFTbeta
Findev Inc

Findev Inc

FDI · V · Financial Services / Mortgage Finance

0.27CAD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close0.27
Open0.27
Day Range0.27 – 0.27
52-Week Range0.26 – 0.3944
Volume0
Market Cap7.45M
P/E (TTM)0.00
Forward P/E61.35
EPS-0.18
Dividend Yield11.54%
Beta0.56
50-Day Avg0.3274
200-Day Avg0.3768

About

Findev Inc., a real estate finance company, provides real estate financing secured by investment properties and real estate developments in Canada. It targets real estate projects, which include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc. and changed its name to Findev Inc. in October 2016. Findev Inc. was incorporated in 2004 and is based in Toronto, Canada.

Company Details

  • SectorFinancial Services
  • IndustryMortgage Finance
  • CEOMr. Yisroel Weinreb
  • Employees0
  • Headquarters10 Wanless Avenue, Toronto, ON, Canada, Canada
  • Websitehttps://www.findev.ca

Leadership

  • Mr. Claude Ayache CMA, CPAChief Financial Officer · b. 1963
  • Mr. Yisroel WeinrebCEO & Director · b. 1980

Financials

Income Statement

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.37M2.34M1.93M421.65K1.55M1.76M2.00M2.23M2.66M3.04M3.42M3.86M2.15M
Growth (%)--30.53%-17.46%-78.17%+268.66%+13.29%+13.45%+11.38%+19.62%+14.38%+12.34%+12.98%-44.34%
Cost of Revenue1.06M621.33K591.69K00--1561.20K1.42K1.40K855-
Gross Profit2.31M1.72M1.34M421.65K1.55M1.76M-2.23M2.66M3.04M3.42M3.61M-
Gross Margin68.44%73.45%69.36%100.00%100.00%100.00%-99.99%99.96%99.95%99.96%93.44%-
Operating Expense6.77M6.26M5.20M744.99K658.41K255.21K-270.94K257.71K279.30K304.55K262.84K-
Operating Income-4.46M-4.54M-3.86M-323.34K896.04K1.51M1.73M1.95M2.40M2.76M3.11M3.35M-6.01M
Operating Margin-132.55%-193.97%-199.65%-76.68%57.64%85.51%86.84%87.82%90.27%90.78%91.06%86.64%-279.40%
EBITDA------1.64M1.93M2.39M2.76M3.11M3.35M-6.01M
EBITDA Margin------82.08%86.83%89.73%90.78%91.06%86.64%-279.40%
Net Income-3.38M-2.37M3.98M-9.79M1.41M1.50M1.67M1.93M5.40M1.51M2.00M2.60M-6.67M
Net Income Margin-100.42%-101.40%206.05%-2322.63%90.52%85.46%83.65%86.78%202.87%49.50%58.36%67.17%-310.26%
R&D200.47K248.47K222.26K----------
R&D as % of Total Revenue5.95%10.62%11.51%----------
Interest Expense0000001.03K9301.23K935962--
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.04%0.05%0.03%0.03%--

Balance Sheet

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets8.81M2.72M2.98M16.11M16.22M16.82M17.72M18.73M23.29M23.95M25.10M27.19M19.59M
Total Liabilities4.92M3.35M1.22M941.58K255.62K244.69K325.77K265.42K283.70K300.94K315.86K664.20K594.26K
Total Equity3.89M-629.91K1.76M15.16M15.96M16.58M17.39M18.46M23.00M23.65M24.79M26.53M18.99M
Cash4.36M245.52K1.38M2.83M615.78K299.01K458.37K288.01K280.38K286.16K282.45K301.51K374.35K

Cash Flow

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.45M-2.53M-3.61M-22.51M-1.52M-542.65K1.02M689.07K851.79K865.20K855.72K878.48K932.26K
Investing Cash Flow13.41K-21.64K6.15M518.20K169.00K--------
Financing Cash Flow5.10M-1.36M-1.82M24.63M-859.42K-859.42K-859.42K-859.42K-859.42K-859.42K-859.42K-859.42K-859.42K
Capital Expenditure72.89K28.86K10.91K0000000000
Free Cash Flow------1.02M689.07K851.79K865.20K855.72K878.48K932.26K
Dividends Paid-859.42K859.42K859.42K859.42K859.42K859.42K859.42K859.42K859.42K859.42K859.42K859.42K
FCF to OCF------100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF------84.36%124.72%100.90%99.33%100.43%97.83%92.19%

Earnings

Report DateAug 31, 2007Nov 30, 2007Feb 29, 2008May 31, 2008Aug 31, 2008Nov 30, 2008Feb 28, 2009May 31, 2009Aug 31, 2009Jan 28, 2010Apr 28, 2010Sep 1, 2010Oct 28, 2010Jan 27, 2011Apr 26, 2011Sep 1, 2011Nov 28, 2011Jan 26, 2012Apr 25, 2012Aug 29, 2012Oct 30, 2012Jan 29, 2013Apr 29, 2013Aug 26, 2013Oct 30, 2013Jan 29, 2014Apr 30, 2014Sep 9, 2014Oct 29, 2014Jan 28, 2015Apr 29, 2015Oct 28, 2015Jan 27, 2016Jun 1, 2017Aug 31, 2017Nov 29, 2017Feb 28, 2018May 31, 2018Aug 30, 2018Nov 28, 2018Feb 27, 2019May 30, 2019Aug 29, 2019Nov 27, 2019Feb 26, 2020May 28, 2020Aug 27, 2020Dec 2, 2020Mar 3, 2021May 27, 2021Aug 26, 2021Dec 1, 2021Mar 2, 2022May 27, 2022Aug 30, 2022Nov 16, 2022Mar 1, 2023May 25, 2023Nov 5, 2026
EPS Estimate-----------0.35-0.35-0.70-0.70-0.70-0.87-0.70-0.70-0.35-0.46-0.35-0.35-0.35-----0.35------------------------------
EPS Actual-0.14-0.32-0.44-0.70-0.33-0.22-0.06-0.17-0.41-0.59-0.35-0.35-0.70-0.70-1.05-0.35-1.40-0.70-1.38-1.05-1.40-1.05-0.351.35-0.42-0.12-0.19-0.58-0.35-0.010.131.21-0.180.000.010.010.030.010.010.010.010.010.010.010.020.020.020.020.020.020.020.020.130.020.020.02-0.000.02-
Surprise----------0.00%0.00%0.00%0.00%-50.00%59.77%-100.00%0.00%-294.29%-128.26%-300.00%-200.00%-285.71%----0.00%------------------------------
Timing---------After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours---After-hours-After-hours-After-hoursAfter-hours------------------------After-hoursAfter-hours

Key Statistics & Ratios

Market Cap7.45M
Enterprise Value-2.20M
Trailing P/E0.00
Forward P/E61.35
Price / Sales2.98
Price / Book0.50
EPS-0.18
Book Value0.622
Revenue (TTM)2.50M
Gross Profit (TTM)-4.98M
Profit Margin-204.96%
Operating Margin-128.00%
Return on Equity-23.96%
Return on Assets-14.92%
Shares Outstanding28.65M
Shares Float14.38M
Beta0.56
Dividend Yield11.54%
Dividend Rate0.03
Payout Ratio370.37%

Dividends

20262×
0.01Jun 26, 20260.01Apr 29, 2026
20254×
0.01Dec 30, 20250.01Sep 25, 20250.01Jun 26, 20250.01Mar 28, 2025
20244×
0.01Dec 20, 20240.01Sep 25, 20240.01Jun 26, 20240.01Mar 27, 2024
20234×
0.01Dec 27, 20230.01Sep 27, 20230.01Jun 28, 20230.01Mar 28, 2023
20224×
0.01Dec 28, 20220.01Sep 28, 20220.01Jun 28, 20220.01Mar 30, 2022
20214×
0.01Dec 30, 20210.01Sep 28, 20210.01Jun 29, 20210.01Mar 25, 2021
20202×
0.01Dec 30, 20200.01Sep 25, 2020

Stock Splits

  • Dec 6, 20161:35