Home / THNC.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis News Similar

AI Analysis

How does THNC.TO make money? Does THNC.TO have pricing power? What's the Earnings Whisper? Will THNC.TO profit more as the business scales? What is THNC.TO's management track record? Is THNC.TO's current price justified?

Thinkific Labs Inc.

CAD 1.2 -$0.71 (-37.17%)

TSX · 15 Sep 2026 19:59 UTC

Previous Close

CAD 1.26

Day Range

CAD 1.2CAD 1.3

Year Range

CAD 1.11CAD 2.4

Market Cap

80.89M

AVG Volume

22.51K

Trailing/Forward PE

-64.8/27.39

PEG ratio

0.09

Dividend Yield

Next Earnings Date

2026-11-11

Primary Exchange

Toronto Stock Exchange

Revenue (USD) · TTM

THNC.TO Revenue (USD) · TTM by quarter
Period	Revenue (USD) · TTM
26 Q2	74.04M
26 Q1	74.02M
25 Q4	73.48M
25 Q3	72.08M
25 Q2	70.71M
25 Q1	68.82M
24 Q4	66.94M
24 Q3	64.95M
24 Q2	62.7M
24 Q1	60.93M

Net Income (USD) · TTM

THNC.TO Net Income (USD) · TTM by quarter
Period	Net Income (USD) · TTM
26 Q2	-897.84K
26 Q1	-200.46K
25 Q4	1.29M
25 Q3	266K
25 Q2	675K
25 Q1	1.23M
24 Q4	-237K
24 Q3	741.08K
24 Q2	-769.79K
24 Q1	-3.84M

Operating Income (USD) · TTM

THNC.TO Operating Income (USD) · TTM by quarter
Period	Operating Income (USD) · TTM
26 Q2	-2.94M
26 Q1	-2.99M
25 Q4	-1.33M
25 Q3	-1.69M
25 Q2	-1.86M
25 Q1	-1.1M
24 Q4	-2.44M
24 Q3	-3.12M
24 Q2	-3.75M
24 Q1	-7.27M

EBITDA (USD) · TTM

THNC.TO EBITDA (USD) · TTM by quarter
Period	EBITDA (USD) · TTM
26 Q2	-1.61M
26 Q1	-1.66M
25 Q4	18.12K
25 Q3	-323K
25 Q2	-461K
25 Q1	305K
24 Q4	-1.06M
24 Q3	-1.84M
24 Q2	-2.68M
24 Q1	-6.18M

Cash Flows (USD) · TTM

THNC.TO Cash Flows (USD) · TTM by quarter
Period	Cash Flows (USD) · TTM
26 Q2	1.47M
26 Q1	2.05M
25 Q4	5.32M
25 Q3	7.17M
25 Q2	9.03M
25 Q1	6.96M
24 Q4	6.75M
24 Q3	6.52M
24 Q2	7.5M
24 Q1	2.79M

EPS (USD) · TTM

THNC.TO EPS (USD) · TTM by quarter
Period	EPS (USD) · TTM
26 Q2	-0.01
26 Q1	-0
25 Q4	0.02
25 Q3	0
25 Q2	0.01
25 Q1	0.02
24 Q4	-0
24 Q3	0.01
24 Q2	-0.01
24 Q1	-0.05

Expenses (USD) · TTM

THNC.TO Expenses (USD) · TTM by quarter
Period	Expenses (USD) · TTM
26 Q2	56.18M
26 Q1	56.74M
25 Q4	54.99M
25 Q3	55.03M
25 Q2	54.7M
25 Q1	52.84M
24 Q4	53M
24 Q3	52.22M
24 Q2	51.48M
24 Q1	53.55M

Shares Outstanding (USD) · TTM

THNC.TO Shares Outstanding (USD) · TTM by quarter
Period	Shares Outstanding (USD) · TTM
26 Q2	-692.85K
26 Q1	-775.3K
25 Q4	-680.89K
25 Q3	-929K
25 Q2	-1.18M
25 Q1	34.77M
24 Q4	35.17M
24 Q3	35.22M
24 Q2	34.3M
24 Q1	-3.83M

PE Ratio

THNC.TO PE Ratio by quarter
Period	PE Ratio
Jun 26	46.64
Jun 26	46.77
Jun 26	48.06
Jun 26	45.22
May 26	51.8
May 26	50.18
May 26	52.35
May 26	52.61
May 26	61.08
Apr 26	57.26
Apr 26	53.71
Apr 26	53.13
Apr 26	56.6
Mar 26	274.42
Mar 26	264.8
Mar 26	255.45
Mar 26	318.86
Feb 26	350.79
Feb 26	366.71
Feb 26	370.2
Feb 26	374.29
Jan 26	381.42
Jan 26	364.22
Jan 26	382.45
Jan 26	369.67
Jan 26	355.95
Dec 25	133.59
Dec 25	131.64
Dec 25	122.37
Dec 25	125.62
Nov 25	133.61
Nov 25	128.83
Nov 25	134.59
Nov 25	153.02
Oct 25	162.14
Oct 25	147.82
Oct 25	146.12
Oct 25	148.5
Oct 25	146.89
Sep 25	77.36
Sep 25	80.71
Sep 25	81.88
Sep 25	74
Aug 25	74.87
Aug 25	74.02
Aug 25	70.45
Aug 25	81.21
Aug 25	84.23
Jul 25	88.81
Jul 25	85.05
Jul 25	87.68
Jul 25	84.19
Mar 25	178.81
Mar 25	167.44
Mar 25	167.85
Mar 25	207.04
Feb 25	210.11
Feb 25	217.59
Feb 25	207.75
Feb 25	202.99
Jan 25	195.87
Jan 25	199.01
Jan 25	199.65
Jan 25	199.23
Jan 25	209.7

Free Cash Flow Yield

THNC.TO Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	3.32%
Sep 26	3.25%
Sep 26	3.21%
Aug 26	2.78%
Aug 26	2.75%
Aug 26	3.25%
Aug 26	3.31%
Jul 26	3.53%
Jul 26	3.52%
Jul 26	3.65%
Jul 26	3.78%
Jul 26	3.43%
Jun 26	8.81%
Jun 26	8.78%
Jun 26	8.55%
Jun 26	9.08%
May 26	7.93%
May 26	8.19%
May 26	7.85%
May 26	7.81%
May 26	6.73%
Apr 26	7.17%
Apr 26	7.65%
Apr 26	7.73%
Apr 26	7.26%
Mar 26	9.82%
Mar 26	10.17%
Mar 26	10.54%
Mar 26	8.45%
Feb 26	7.68%
Feb 26	7.35%
Feb 26	7.28%
Feb 26	7.2%
Jan 26	7.06%
Jan 26	7.4%
Jan 26	7.04%
Jan 26	7.29%
Jan 26	7.57%
Dec 25	10.02%
Dec 25	10.17%
Dec 25	10.94%
Dec 25	10.65%
Nov 25	10.02%
Nov 25	10.39%
Nov 25	9.94%
Nov 25	8.75%
Oct 25	8.25%
Oct 25	9.05%
Oct 25	9.16%
Oct 25	9.01%
Oct 25	9.11%
Sep 25	7.29%
Sep 25	6.99%
Sep 25	6.89%
Sep 25	7.62%
Aug 25	7.54%
Aug 25	7.62%
Aug 25	8.01%
Aug 25	6.95%
Aug 25	6.7%
Jul 25	6.35%
Jul 25	6.63%
Jul 25	6.43%
Jul 25	6.7%
Jun 25	6.73%
Jun 25	6.63%
Jun 25	6.65%
Jun 25	5.53%
May 25	5.31%
May 25	5.41%
May 25	5.12%
May 25	5.72%
May 25	5.1%
Apr 25	5.76%
Apr 25	5.95%
Apr 25	5.58%
Apr 25	5.54%
Mar 25	4.92%
Mar 25	5.26%
Mar 25	5.24%
Mar 25	4.25%
Feb 25	4.19%
Feb 25	4.04%
Feb 25	4.24%
Feb 25	4.34%
Jan 25	4.49%
Jan 25	4.42%
Jan 25	4.41%
Jan 25	4.42%
Jan 25	4.2%
Dec 24	3.77%
Dec 24	4%
Dec 24	3.96%
Dec 24	3.79%
Nov 24	3.73%
Nov 24	3.78%
Nov 24	3.65%
Nov 24	3.85%
Nov 24	4.06%
Oct 24	4.45%

Price to Sales

THNC.TO Price to Sales by quarter
Period	Price to Sales
Sep 26	0.83
Sep 26	0.85
Sep 26	0.86
Aug 26	0.99
Aug 26	1
Aug 26	0.85
Aug 26	0.83
Jul 26	0.78
Jul 26	0.79
Jul 26	0.76
Jul 26	0.73
Jul 26	0.81
Jun 26	0.82
Jun 26	0.82
Jun 26	0.85
Jun 26	0.8
May 26	0.91
May 26	0.88
May 26	0.92
May 26	0.93
May 26	1.08
Apr 26	1.01
Apr 26	0.95
Apr 26	0.94
Apr 26	1
Mar 26	1.01
Mar 26	0.98
Mar 26	0.94
Mar 26	1.18
Feb 26	1.29
Feb 26	1.35
Feb 26	1.37
Feb 26	1.38
Jan 26	1.41
Jan 26	1.34
Jan 26	1.41
Jan 26	1.36
Jan 26	1.31
Dec 25	1.28
Dec 25	1.26
Dec 25	1.17
Dec 25	1.2
Nov 25	1.28
Nov 25	1.23
Nov 25	1.28
Nov 25	1.46
Oct 25	1.55
Oct 25	1.41
Oct 25	1.39
Oct 25	1.42
Oct 25	1.4
Sep 25	1.39
Sep 25	1.45
Sep 25	1.47
Sep 25	1.33
Aug 25	1.34
Aug 25	1.33
Aug 25	1.26
Aug 25	1.45
Aug 25	1.51
Jul 25	1.59
Jul 25	1.52
Jul 25	1.57
Jul 25	1.51
Jun 25	1.5
Jun 25	1.52
Jun 25	1.52
Jun 25	1.82
May 25	1.9
May 25	1.86
May 25	1.97
May 25	1.76
May 25	1.98
Apr 25	1.75
Apr 25	1.69
Apr 25	1.81
Apr 25	1.82
Mar 25	2.04
Mar 25	1.91
Mar 25	1.92
Mar 25	2.36
Feb 25	2.4
Feb 25	2.48
Feb 25	2.37
Feb 25	2.32
Jan 25	2.23
Jan 25	2.27
Jan 25	2.28
Jan 25	2.27
Jan 25	2.39
Dec 24	3.17
Dec 24	2.99
Dec 24	3.02
Dec 24	3.16
Nov 24	3.21
Nov 24	3.16
Nov 24	3.28
Nov 24	3.1
Nov 24	2.95
Oct 24	2.69

EV/EBITDA

THNC.TO EV/EBITDA by quarter
Period	EV/EBITDA
Jun 26	619.72
Jun 26	629.04
Jun 26	721.04
Jun 26	518.03
May 26	988.65
May 26	872.55
May 26	1027.35
May 26	1046.58
May 26	1651.02
Apr 26	1378.51
Apr 26	1124.84
Apr 26	1083.2
Apr 26	1331.22
Sep 25	149.75
Sep 25	163.27
Sep 25	168.03
Sep 25	136.17
Aug 25	139.66
Aug 25	136.24
Aug 25	121.81
Aug 25	165.31
Aug 25	177.5
Jul 25	196.05
Jul 25	180.83
Jul 25	191.48
Jul 25	177.34

Price/Operating Cashflow

THNC.TO Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	27.35
Sep 26	28
Sep 26	28.3
Aug 26	32.7
Aug 26	33.03
Aug 26	28
Aug 26	27.44
Jul 26	25.78
Jul 26	25.85
Jul 26	24.91
Jul 26	24.04
Jul 26	26.49
Jun 26	10.83
Jun 26	10.86
Jun 26	11.16
Jun 26	10.5
May 26	12.02
May 26	11.65
May 26	12.15
May 26	12.21
May 26	14.18
Apr 26	13.29
Apr 26	12.47
Apr 26	12.33
Apr 26	13.14
Mar 26	9.95
Mar 26	9.6
Mar 26	9.26
Mar 26	11.56
Feb 26	12.72
Feb 26	13.3
Feb 26	13.43
Feb 26	13.58
Jan 26	13.83
Jan 26	13.21
Jan 26	13.87
Jan 26	13.41
Jan 26	12.91
Dec 25	9.82
Dec 25	9.67
Dec 25	8.99
Dec 25	9.23
Nov 25	9.82
Nov 25	9.47
Nov 25	9.89
Nov 25	11.24
Oct 25	11.91
Oct 25	10.86
Oct 25	10.74
Oct 25	10.91
Oct 25	10.79
Sep 25	13.46
Sep 25	14.04
Sep 25	14.24
Sep 25	12.87
Aug 25	13.02
Aug 25	12.88
Aug 25	12.26
Aug 25	14.13
Aug 25	14.65
Jul 25	15.45
Jul 25	14.8
Jul 25	15.25
Jul 25	14.64
Jun 25	14.34
Jun 25	14.57
Jun 25	14.52
Jun 25	17.46
May 25	18.19
May 25	17.84
May 25	18.86
May 25	16.88
May 25	18.93
Apr 25	16.77
Apr 25	16.22
Apr 25	17.31
Apr 25	17.42
Mar 25	19.62
Mar 25	18.37
Mar 25	18.42
Mar 25	22.71
Feb 25	23.05
Feb 25	23.87
Feb 25	22.79
Feb 25	22.27
Jan 25	21.49
Jan 25	21.83
Jan 25	21.9
Jan 25	21.86
Jan 25	23.01
Dec 24	25.65
Dec 24	24.22
Dec 24	24.46
Dec 24	25.53
Nov 24	25.98
Nov 24	25.6
Nov 24	26.5
Nov 24	25.12
Nov 24	23.84
Oct 24	21.78

Price to Book

THNC.TO Price to Book by quarter
Period	Price to Book
Sep 26	1.47
Sep 26	1.51
Sep 26	1.52
Aug 26	1.76
Aug 26	1.78
Aug 26	1.51
Aug 26	1.48
Jul 26	1.39
Jul 26	1.39
Jul 26	1.34
Jul 26	1.29
Jul 26	1.42
Jun 26	1.4
Jun 26	1.4
Jun 26	1.44
Jun 26	1.36
May 26	1.55
May 26	1.5
May 26	1.57
May 26	1.58
May 26	1.83
Apr 26	1.72
Apr 26	1.61
Apr 26	1.59
Apr 26	1.7
Mar 26	1.71
Mar 26	1.65
Mar 26	1.59
Mar 26	1.98
Feb 26	2.18
Feb 26	2.28
Feb 26	2.3
Feb 26	2.33
Jan 26	2.37
Jan 26	2.26
Jan 26	2.38
Jan 26	2.3
Jan 26	2.21
Dec 25	2.09
Dec 25	2.06
Dec 25	1.91
Dec 25	1.96
Nov 25	2.09
Nov 25	2.01
Nov 25	2.1
Nov 25	2.39
Oct 25	2.53
Oct 25	2.31
Oct 25	2.28
Oct 25	2.32
Oct 25	2.3
Sep 25	2.27
Sep 25	2.37
Sep 25	2.41
Sep 25	2.17
Aug 25	2.2
Aug 25	2.17
Aug 25	2.07
Aug 25	2.39
Aug 25	2.47
Jul 25	2.61
Jul 25	2.5
Jul 25	2.58
Jul 25	2.47
Jun 25	2.41
Jun 25	2.45
Jun 25	2.44
Jun 25	2.94
May 25	3.06
May 25	3
May 25	3.17
May 25	2.84
May 25	3.18
Apr 25	2.82
Apr 25	2.73
Apr 25	2.91
Apr 25	2.93
Mar 25	3.12
Mar 25	2.92
Mar 25	2.93
Mar 25	3.61
Feb 25	3.66
Feb 25	3.79
Feb 25	3.62
Feb 25	3.54
Jan 25	3.41
Jan 25	3.47
Jan 25	3.48
Jan 25	3.47
Jan 25	3.65
Dec 24	4.75
Dec 24	4.48
Dec 24	4.53
Dec 24	4.73
Nov 24	4.81
Nov 24	4.74
Nov 24	4.91
Nov 24	4.65
Nov 24	4.41
Oct 24	4.03

No video analysis for this stock yet. Request one from our team.

News: THNC.TO

gurufocus.com · 10 Sep 2026

Articulate and Thinkific Announce Partnership and Articulate's First Native Third-Party LMS Integration

[url="]Articulate[/url], the #1 platform for workplace training, and [url="]Thinkific Labs Inc.[/url] (TSX: THNC), the leading learning commerce platform for sc

AI Analysis

Thinkific Labs Inc.

Video analysis: THNC.TO

News: THNC.TO

Articulate and Thinkific Announce Partnership and Articulate's First Native Third-Party LMS Integration

Similar companies