HYFT

+ Watchlist + Portfolio

MindWalk Holdings Corp.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $1.45
52-Week Range: $0.99 – $3.25
Market Cap: $64.37M
P/E (TTM): —
EPS (TTM): -0.24
Dividend Yield: —

Advanced Metrics

Price/Book: 7.55
PEG Ratio: —
Return on Equity: -85.38%
Return on Assets: -28.37%
Gross Margin: 58.80%
Operating Margin: -105.20%
Profit Margin: -89.66%
Current Ratio: 2.80
Debt/Equity: 0.30
Total Debt: $3.53M
Free Cash Flow: $-5.47M
Revenue Growth: 49.80%
Earnings Growth: —
Enterprise Value: $60.31M

HYFT Income statement, annual periods, in CAD
CAD	FY2023	FY2024	FY2025	FY2026
Revenue	$20.66M	$10.28M	$10.63M	$15.56M
Cost of Revenue	$9.10M	$6.19M	$4.89M	$6.41M
Gross Profit	$11.56M	$4.09M	$5.73M	$9.15M
Research & Development	$14.10M	$3.74M	$4.21M	$4.93M
Selling, General & Admin	$18.99M	$15.50M	$15.71M	$19.15M
Operating Expenses	$37.17M	$21.30M	$21.32M	$24.05M
Operating Income	-$25.61M	-$17.21M	-$15.59M	-$14.90M
EBITDA	-$21.04M	-$26.41M	-$32.21M	-$13.95M
Pretax Income	-$27.75M	-$32.16M	-$37.63M	-$15.55M
Income Tax	-$1.19M	-$2.86M	-$4.48M	-$450.00K
Net Income	-$26.56M	-$26.11M	-$30.23M	-$13.95M
Diluted EPS	-1.07	-1.02	-0.90	-0.31
Diluted Shares	24.90M	25.64M	33.39M	46.38M

HYFT Balance Sheet statement, annual periods, in CAD
CAD	FY2023	FY2024	FY2025	FY2026
Cash & Equivalents	$8.28M	$3.46M	$10.66M	$11.35M
Receivables	$4.42M	$4.48M	$4.81M	$3.58M
Inventory	$2.06M	$2.14M	$2.10M	$492.00K
Current Assets	$16.79M	$11.49M	$18.75M	$16.22M
Total Assets	$77.81M	$59.99M	$44.44M	$21.38M
Current Liabilities	$5.92M	$8.12M	$9.01M	$5.79M
Total Debt	$7.27M	$13.68M	$13.40M	$3.53M
Total Liabilities	$20.01M	$24.31M	$20.82M	$9.63M
Retained Earnings	-$73.09M	-$98.56M	-$128.79M	-$142.74M
Shareholders' Equity	$57.80M	$35.68M	$23.63M	$11.75M
Working Capital	$10.87M	$3.36M	$9.74M	$10.43M

HYFT Cash Flow statement, annual periods, in CAD
CAD	FY2023	FY2024	FY2025	FY2026
Operating Cash Flow	-$19.83M	-$3.18M	-$6.41M	-$12.46M
Capital Expenditure	-$1.50M	-$1.40M	-$799.00K	-$398.00K
Free Cash Flow	-$21.33M	-$4.58M	-$7.21M	-$12.86M
Depreciation & Amortisation	$6.68M	$5.74M	$5.12M	$1.60M
Stock-Based Compensation	$1.94M	$1.53M	$445.00K	$1.27M
Investing Cash Flow	-$1.97M	-$1.56M	-$799.00K	$13.54M
Financing Cash Flow	-$621.00K	$1.02M	$14.89M	$115.00K
Net Change in Cash	-$22.42M	-$3.73M	$7.68M	$1.20M

HYFT Income statement, quarterly periods, in CAD
CAD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$6.98M	$3.16M	$4.12M	$4.16M	$4.12M
Cost of Revenue	$2.52M	$1.63M	$1.46M	$1.69M	$1.62M
Gross Profit	$4.46M	$1.53M	$2.66M	$2.46M	$2.50M
Research & Development	$1.09M	$1.05M	$1.23M	$1.21M	$1.57M
Selling, General & Admin	$4.74M	$4.64M	$4.21M	$4.92M	$5.25M
Operating Expenses	$5.92M	$5.68M	$5.42M	$6.12M	$6.83M
Operating Income	-$1.46M	-$4.15M	-$2.76M	-$3.66M	-$4.33M
EBITDA	-$988.00K	-$3.21M	-$2.99M	-$3.73M	-$3.99M
Pretax Income	-$1.90M	-$4.18M	-$3.19M	-$3.95M	-$4.23M
Income Tax	$261.00K	-$91.00K	$25.00K	-$18.00K	-$367.00K
Net Income	-$2.16M	-$2.96M	-$3.19M	-$3.93M	-$3.87M
Diluted EPS	—	-0.07	-0.07	-0.08	-0.08
Diluted Shares	—	46.15M	46.16M	46.52M	46.71M

HYFT Balance Sheet statement, quarterly periods, in CAD
CAD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$10.66M	$4.90M	$16.51M	$14.07M	$11.35M
Receivables	$4.81M	$2.60M	$4.20M	$3.01M	$3.58M
Inventory	$2.10M	$524.00K	$531.00K	$490.00K	$492.00K
Current Assets	$18.75M	$36.26M	$21.74M	$18.82M	$16.22M
Total Assets	$44.44M	$40.75M	$26.10M	$22.99M	$21.38M
Current Liabilities	$9.01M	$16.69M	$5.19M	$5.03M	$5.79M
Total Debt	$13.40M	$3.72M	$3.63M	$3.52M	$3.53M
Total Liabilities	$20.82M	$20.00M	$8.40M	$8.13M	$9.63M
Retained Earnings	-$128.79M	-$131.75M	-$134.93M	-$138.86M	-$142.74M
Shareholders' Equity	$23.63M	$20.74M	$17.70M	$14.86M	$11.75M
Working Capital	$9.74M	$19.56M	$16.55M	$13.79M	$10.43M

HYFT Cash Flow statement, quarterly periods, in CAD
CAD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	-$1.14M	-$4.21M	-$2.87M	-$2.97M	-$2.41M
Capital Expenditure	-$359.00K	-$282.00K	-$74.00K	-$31.00K	-$11.00K
Free Cash Flow	-$1.50M	-$4.50M	-$2.94M	-$3.00M	-$2.42M
Depreciation & Amortisation	$913.00K	$942.00K	$207.00K	$217.00K	$238.00K
Stock-Based Compensation	$53.00K	$55.00K	$152.00K	$258.00K	$810.00K
Investing Cash Flow	-$359.00K	-$594.00K	-$74.00K	$14.22M	-$11.00K
Financing Cash Flow	-$418.00K	-$371.00K	$14.08M	-$13.31M	-$285.00K
Share Repurchases	—	-$48.00K	-$77.00K	—	—
Net Change in Cash	-$1.92M	-$5.18M	$11.13M	-$2.05M	-$2.70M

Market Snapshot

About

MindWalk Holdings Corp. operates as a holding company focused on business development and investment activities. The company seeks to identify, acquire, and develop businesses across various industries with growth potential. MindWalk pursues opportunities in sectors where management expertise and strategic capital can drive value creation and operational improvements. The company's business model centers on building a diversified portfolio of operating businesses. MindWalk aims to create shareholder value through strategic acquisitions, operational enhancements, and long-term business development initiatives.