FLINT Corp
FLINT Corp provides oil-related services and equipment in the fossil fuels industry, primarily generating revenue through the sale and servicing of energy infrastructure and related technologies.
Business. FLINT Corp (FLNT.TO) is an oil-related services and equipment company operating within the fossil fuels sector of the energy industry. The firm is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. Specific details regarding its operating segments and geographic mix are not provided in the available data.
Analyst recommendations
4 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
FLINT Corp (FLNT.TO) is an oil-related services and equipment company operating within the fossil fuels sector of the energy industry. The firm is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. Specific details regarding its operating segments and geographic mix are not provided in the available data.
FLINT Corp's capital structure is highly leveraged, with total liabilities of CAD 285.7 million and total equity of CAD -60.8 million, resulting in a negative debt-to-equity ratio of -3.75. The company's liquidity position is mixed, with a current ratio of 2.54, but its operating cash flow is negative at CAD -11.4 million, and free cash flow is only CAD 0.96 million. This suggests the company is not generating sufficient cash from operations to service its debt, which stands at CAD 227.6 million in long-term obligations.
Profitability is weak, with a net loss of CAD 606,000 and an operating loss of CAD 588,000 in the latest reporting period. Return on equity is a mere 1%, and return on assets is negative at -0.27%. These metrics fall significantly below the industry median for Energy Equipment & Services, where positive returns and higher gross margins are typically expected.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financials. This lack of diversification increases exposure to regional economic downturns and regulatory shifts in the fossil fuels sector.
Growth appears to be stagnant or declining, with no clear revenue expansion in the latest period and a negative operating cash flow. The company's capital expenditures of CAD -1.6 million suggest a reduction in investment, which may indicate a defensive strategy or financial constraints. Without significant revenue growth or cost optimization, the company's ability to improve its financial position is limited.
The risk profile is elevated, with a medium liquidity risk due to negative operating cash flow and a high debt burden. The risk of dilution is currently low, as shares outstanding have not changed between basic and diluted counts. However, the company's negative equity and high leverage increase the likelihood of future dilution through debt restructuring or equity issuance.
Recent filings and transcripts indicate ongoing financial pressure, with the company reporting a net loss and negative operating income. No material new contracts or strategic initiatives were disclosed in the latest reports, suggesting a lack of near-term catalysts for improvement.
- FLINT Corp is highly leveraged with a negative equity position and weak profitability.
- The company's liquidity is constrained by negative operating cash flow and high debt.
- Revenue is concentrated in a single segment with no geographic diversification.
- Growth is stagnant, and capital expenditures are declining.
- The risk of future dilution is moderate due to the company's financial position.
- No recent strategic or operational improvements have been disclosed.
Bull / Bear case
Generated · model-assistedAnalysts project 200% upside to a mean price target of $4.50, signaling strong market confidence in future performance.
Free cash flow surged 291.6% year-over-year to $37.8 million, demonstrating significant improvement in cash generation capabilities.
Net income jumped 2,241.8% to $29.8 million, marking a decisive turnaround from previous years of net losses.
Cash conversion ratio of 18.83 ranks as best-in-class within the oil services cohort, highlighting superior operational efficiency.
Long-term debt decreased significantly to $74.2 million in the latest period, reducing leverage compared to prior years.
Operating margin of -0.36% places the company in the bottom quartile of its oil services peer group.
High credit risk and negative interest coverage of -6.61 suggest significant financial distress and debt servicing challenges.
Return on equity of 1% remains well below the cohort median of 4.1%, reflecting poor capital efficiency.
Negative book value of -$60.8 million indicates accumulated losses have eroded shareholder equity to unsustainable levels.
In focus — financials by report
Revenue C$211.6M; Operating income C$5.2M.
- ▍Revenue C$211.6M
- ▍Operating income C$5.2M
- ▍Net margin 2.5%
Revenue C$164.9M; Operating income -C$588.0k.
- ▍Revenue C$164.9M
- ▍Operating income -C$588.0k
- ▍Net margin -0.4%
Revenue C$655.7M, +8,4% YoY; Operating income −4,4% YoY.
- ▍Revenue C$655.7M, +8,4% YoY
- ▍Operating income −4,4% YoY
- ▍Net income +0,6% YoY
- ▍Free cash flow −92,3% YoY
- ▍Net margin -2.0%
Revenue C$604.7M, +55,3% YoY; Operating income −32,9% YoY.
- ▍Revenue C$604.7M, +55,3% YoY
- ▍Operating income −32,9% YoY
- ▍Net income −39,4% YoY
- ▍Free cash flow −268,2% YoY
- ▍Net margin -2.1%
Revenue C$389.4M; Operating income -C$9.3M.
- ▍Revenue C$389.4M
- ▍Operating income -C$9.3M
- ▍Net margin -2.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, Chief Customer Officer, 10% owner · Pre-Funded Warrant → Common StockDisposed 57 143 @ $0,00exercise · 2026-06-25
- Director, Chief Customer Officer, 10% owner · Pre-Funded Warrant → Common StockDisposed 454 648 @ $0,00exercise · 2026-06-25
- Director, Chief Strategy Officer, 10% owner · Pre-Funded Warrant → Common StockDisposed 227 324 @ $0,00exercise · 2026-06-23
- Director, Chief Customer Officer, 10% owner · Pre-Funded Warrant → Common StockDisposed 85 714 @ $0,00exercise · 2026-06-23
- Director, Chief Strategy Officer, 10% owner · Pre-Funded Warrant → Common StockDisposed 428 571 @ $0,00exercise · 2026-06-23
- Chief Executive Officer · Pre-Funded Warrant → Common StockDisposed 12 502 @ $0,00exercise · 2026-06-23
- Chief Executive Officer · Pre-Funded Warrant → Common StockDisposed 14 286 @ $0,00exercise · 2026-06-23
- Chief Executive Officer · Phantom Stock Units → Common stockAcquired 107 000grant · 2026-04-03
- Chief Financial Officer · Phantom Stock Units → Common stockAcquired 54 000grant · 2026-04-03
- Chief Executive Officer · Phantom Stock Units → Common stockDisposed 37 000exercise · 2026-04-01
- Chief Financial Officer · Phantom Stock Units → Common stockDisposed 18 666exercise · 2026-04-01
- Chief Financial Officer · Phantom Stock Units → Common stockAcquired 56 000grant · 2025-10-09
- Chief Executive Officer · Phantom Stock Units → Common stockAcquired 111 000grant · 2025-10-09
- 10% owner · Pre-Funded Warrants → Common StockDisposed 571 429 @ $0,00disposition · 2025-09-04
Physical assets
1 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Flint | Power | Power | US | Operating company |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- FLINT Corp Market data — financials · 2026-05-27
Ownership & reference
Insider activity
- Director, Chief Customer Officer, 10% owner · Common StockOther 8 @ $0,00 · 2026-06-25
- Director, Chief Customer Officer, 10% owner · Common StockOther 454 648 @ $0,00$227 · 2026-06-25
- Director, Chief Customer Officer, 10% owner · Common StockOther 57 143 @ $0,00$29 · 2026-06-25
- Director, Chief Customer Officer, 10% owner · Common StockOther 70 @ $0,00$0 · 2026-06-25
- Director, Chief Strategy Officer, 10% owner · Common StockOther 227 324 @ $0,00$114 · 2026-06-23
- Director, Chief Strategy Officer, 10% owner · Common StockOther 33 · 2026-06-23
- Director, Chief Strategy Officer, 10% owner · Common StockOther 428 571 @ $0,00$214 · 2026-06-23
- Director, Chief Strategy Officer, 10% owner · Common StockOther 63 · 2026-06-23
- Director, Chief Customer Officer, 10% owner · Common StockOther 85 714 @ $0,00$43 · 2026-06-23
- Director, Chief Customer Officer, 10% owner · Common StockOther 12 @ $0,00$0 · 2026-06-23
- Chief Executive Officer · Common StockOther 12 502 @ $0,00$6 · 2026-06-23
- Chief Executive Officer · Common StockOther 1 @ $0,00 · 2026-06-23
- Chief Executive Officer · Common StockOther 14 286 @ $0,00$7 · 2026-06-23
- Chief Executive Officer · Common StockOther 2 @ $0,00 · 2026-06-23
- Director · Common StockOther 30 096 · 2026-06-17
- Director · Common StockOther 30 096 · 2026-06-17
- 10% owner · Common StockOther 30 096 · 2026-06-17
- Director, 10% owner · Common StockOther 30 096 · 2026-06-17
- Director · Common StockOther 30 096 · 2026-06-17
- Director · Common StockOther 30 096 · 2026-06-17
- Director, 10% owner · Common StockOther 40 390 · 2026-06-16
- 10% owner · Common StockOther 40 390 · 2026-06-16
- 10% owner · Common StockBought 61 368 @ $2,75$169K · 2026-06-12
- Director, 10% owner · Common StockBought 60 183 @ $2,75$166K · 2026-06-12
- Director, 10% owner · Common StockBought 1 185 @ $2,78$3K · 2026-06-12
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -2.8%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 14.1%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 3.89xDerived (calculated)
- Current ratio (FY 2025-12-31): 1.04xDerived (calculated)
- Return on assets (FY 2025-12-31): -30.5%Derived (calculated)
- Return on equity (FY 2025-12-31): -149.2%Derived (calculated)
- Net margin (FY 2025-12-31): -13.0%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 89.6%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 37.0%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -18.0%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -4.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 41.7%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -31.5%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 41.7%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 430.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 3.3%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 8.8%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -27.0%Derived (calculated)
- Pre-tax income (annual): USD -27.17MSEC XBRL filing
- R&D expense (annual): USD 11.84MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Operating income (annual): USD -20.32MSEC XBRL filing
- Interest expense (annual): USD 3.07MSEC XBRL filing
- Long-term debt (annual): USD 34.58MSEC XBRL filing