Yahoo Finance

Operations: The company's revenue is primarily generated from the development and commercialization of software, amounting to $1.07 million.

Market Cap: CA$14.03M

Nubeva Technologies Ltd., with a market cap of CA$14.03 million, is pre-revenue and unprofitable, reporting a net loss of US$0.08 million for Q1 2024 despite sales of US$0.34 million. The company has sufficient cash to cover liabilities and more than three years of runway based on current free cash flow, although shareholders have faced dilution recently. While its return on equity is negative, indicating profitability challenges, Nubeva's short-term assets surpass both short- and long-term liabilities significantly. Despite stable weekly volatility over the past year, share price volatility remains high in recent months.

• Unlock comprehensive insights into our analysis of Nubeva Technologies stock in this financial health report.

• Examine Nubeva Technologies' past performance report to understand how it has performed in prior years.

Wilton Resources

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Wilton Resources Inc. is a Canadian oil and gas exploration and development company with a market cap of CA$49.12 million.

Operations: The company generates its revenue from oil and gas exploration and development, amounting to CA$0.0103 million.

Market Cap: CA$49.12M

Wilton Resources Inc., with a market cap of CA$49.12 million, is pre-revenue and unprofitable, reporting minimal revenue of CA$0.002634 million for Q3 2024. The company has reduced losses over the past five years but remains challenged by high volatility and shareholder dilution. Wilton's short-term assets of CA$1.6 million comfortably cover its liabilities, yet it faces less than a year of cash runway at current free cash flow rates. Despite being debt-free and managed by an experienced team, its negative return on equity highlights ongoing profitability issues in the volatile oil and gas sector.

• Click to explore a detailed breakdown of our findings in Wilton Resources' financial health report.

• Learn about Wilton Resources' historical performance here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSXV:CDA TSXV:NBVA and TSXV:WIL.

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