Yahoo Finance

Operations: The company's revenue is derived from Professional Services, which generated CA$43.08 million, and Managed & IP Solutions along with Legacy Managed Services, contributing CA$35.16 million.

Market Cap: CA$30.37M

Pivotree Inc., with a market cap of CA$30.37 million, is currently unprofitable, reporting a net loss of CA$11.89 million for 2024, up from the previous year. Despite this, the company operates debt-free and has short-term assets exceeding its liabilities by a significant margin. However, it faces challenges with less than one year of cash runway based on current free cash flow levels. Pivotree's shares are trading at a substantial discount to estimated fair value and have not experienced meaningful dilution recently. Earnings are forecasted to grow significantly in the coming years despite past losses increasing annually by 15.2%.

• Dive into the specifics of Pivotree here with our thorough balance sheet health report.

• Gain insights into Pivotree's future direction by reviewing our growth report.

Westbridge Renewable Energy

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

Overview: Westbridge Renewable Energy Corp. is a renewable energy company focused on acquiring and developing solar photovoltaic projects in Canada, the United States, the United Kingdom, and Italy, with a market cap of CA$63.72 million.

Operations: Currently, there are no specific revenue segments reported for Westbridge Renewable Energy Corp.

Market Cap: CA$63.72M

Westbridge Renewable Energy Corp., with a market cap of CA$63.72 million, recently reported a net income of CA$55.67 million for the year ended November 30, 2024, marking its transition to profitability from a previous net loss. The company operates debt-free and has strong asset coverage over both short and long-term liabilities. Its return on equity is outstanding at 106.5%, reflecting efficient management practices despite having less than US$1m in revenue, indicating it is pre-revenue. Shares are trading significantly below estimated fair value, offering potential upside compared to industry peers and overall market conditions.

• Take a closer look at Westbridge Renewable Energy's potential here in our financial health report.

• Explore Westbridge Renewable Energy's analyst forecasts in our growth report.

Seize The Opportunity

• Click through to start exploring the rest of the 928 TSX Penny Stocks now.

• Contemplating Other Strategies? We've found 20 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free.

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 TSX:TAL TSXV:PVT and TSXV:WEB.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com