Substack
Wolf's Substack
Everything we have picked from this writer, newest first.
balance sheets Cematrix Corp ($CEMX.TO) FINS Review
Cematrix posted record Q2 revenue of $18.7 million, up 76%, and $3.5 million of net income, while backlog fell 9% from year-end.
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earnings Biorem Inc. ($BRM.V) FINS Review
Biorem reported 66% revenue growth and over 260% profit growth after trading at 11.3 times earnings and 5.9 times EV/EBITDA.
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balance sheets AirIQ Inc. ($IQ.V) FINS Review
AirIQ’s 2025 revenue rose 17% to $6.5 million, but tax reassessments cut net income 50% and lifted its P/E to 144x.
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balance sheets Gatekeeper Systems ($GSI.V) FINS Review
Gatekeeper Systems’ revenue rebound is overshadowed by $19.3 million in nine-month operating cash burn, swelling inventory and overdue…
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earnings July 2026 WWW - What's Wolf Watching
Wolf of Oakville previews 13 Canadian small-cap earnings, assigning Buy, Danger and Untouchable Zones after June calls ranged from…
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balance sheets PesoRama ($PESO.V) FINS Review
PesoRama’s 0.64 current ratio, operating cash burn and 111% annual dilution offset 36% Q1 revenue growth, despite replacing an 18.5% loan…
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ai Xtract One Technologies ($XTRA.TO)
Xtract One’s Q3 revenue nearly tripled to $10.3 million, narrowing its net loss to $245,000, while a debt-free balance sheet supports…
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balance sheets Char Technologies ($YES.V) FINS Review
Char Technologies’ Q2 brought $700,000 revenue and a $1.36 million net loss, while weak liquidity, related-party loans and dilution raise…
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business models Happy Belly Food Group ($HBFG.C) Special
Happy Belly Food Group’s QSR system sales are assessed per location per day after concerns over rising costs, cash burn and weak quarterly…
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earnings June WWW - What's Wolf Watching
Wolf of Oakville’s June watchlist reviews recent microcap calls and targets Cheelcare, PesoRama, NamSys, Aluula, Canaf, California…
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m&a Baylin Technologies ($BYL.TO) Review
Baylin Technologies, down about 50% since its prior review, is promoting a recent acquisition after Q1 results while trading mostly between…
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balance sheets PUDO Inc. ($PDO.C) FINS Review
PUDO’s revenue rose 35% to $5.6 million, but losses quadrupled as administrative costs outpaced growth; $242,000 of cash and ongoing burn…
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balance sheets ADF Group Inc. ($DRX.TO) FINS Review
ADF Group’s Q1 FY2026 revenue rose 78% to $99.3 million and net income 37%, aided by the LAR acquisition despite steel and aluminum tariff…
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balance sheets D-Box Technologies ($DBO.TO) FINS Review
D-Box Technologies posted fiscal 2026 revenue growth of 35%, $12 million in operating cash flow, and near-tripled pretax profit, supported…
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balance sheets PharmacorpRX FINS Review
PharmacorpRX plans $32.4 million of pharmacy acquisitions despite ending Q1 with $23.4 million in cash, pointing to heavier credit-facility…
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balance sheets Mother of All Reviews (Part Deux)
ZoomD fell 49% since April after Q1 revenue dropped 64% and it posted a $640,000 loss, leaving customer concentration and its $31 million…
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balance sheets Glow Lifetech ($GLOW.C) FINS Review
Glow Lifetech’s Q1 revenue hit a record $643,000, up 35% year over year, while its $9.6 million market cap and fading warrant overhang…
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balance sheets Atlas Engineered Products ($AEP.V)
Atlas Engineered Products reported Q1 revenue down 15.5%, gross margin at 3%, and a $1.73 million loss while drawing $2 million on its…
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balance sheets Grey Wolf Animal Health ($WOLF.V) FINS Review
Grey Wolf Animal Health’s Q1 revenue rose 10.5% to $8.75 million and operating income grew 31%, while $24.6 million of debt drove $438,000…
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earnings May WWW - What's Wolf Watching
Wolf of Oakville previews May earnings for Canadian microcaps and TSX stocks, flagging Buy Zones and Danger Zones after several prior…
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