Green Impact Partners Inc

Green Impact Partners Inc operates with a market capitalization of CAD 55.45 million and a price-to-book ratio of 0.54, indicating a discount to its book value. The company's liquidity position is assessed as medium, with a current ratio of 0.75 and only CAD 1.62 million in cash and equivalents, which is insufficient to cover its short-term obligations. The debt-to-equity ratio of 0.28 suggests a relatively conservative capital structure, with long-term debt of CAD 29.21 million compared to equity of CAD 103.18 million.

Profitability metrics are weak, with a return on equity of -4.93% and a return on assets of -2.7%, both significantly below industry norms. The company reported a net loss of CAD 5.09 million for the period, driven by an operating loss of CAD 1.00 million. Gross profit of CAD 2.21 million on revenue of CAD 37.39 million indicates a gross margin of 5.9%, which is below the industry median for environmental services.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns or regulatory changes. The capital-intensive nature of the industry is reflected in the company's capital expenditures of CAD 23.97 million, which exceeded operating cash flow of CAD 8.22 million, resulting in negative free cash flow of CAD 7.50 million.

Looking ahead, the company is expected to face continued pressure on profitability, with no significant revenue growth anticipated in the next fiscal year. The mean price target of CAD 3.50 implies a potential upside of 52.2% from the current market price of CAD 2.30, but this is based on only two analyst estimates (one buy and one hold). The absence of strong buy ratings suggests limited conviction in the company's near-term prospects.

The risk assessment highlights liquidity concerns, with net cash being negative after subtracting total debt. While the dilution risk is currently low, the company's negative free cash flow and high capital expenditures could necessitate future equity or debt financing, which may dilute existing shareholders. No recent filings or transcripts indicate material changes in the company's operations or strategy.

The company's recent performance and outlook suggest a challenging path to profitability. With a negative net income and weak operating cash flow, Green Impact Partners Inc must address its cost structure and improve operational efficiency to meet analyst expectations and support a higher valuation.

Analysts project 52.2% upside to a mean price target of $3.50, signaling strong institutional confidence in future performance.

The company achieved positive operating income of $5.41 million in fiscal 2024, demonstrating a recent capability for operational profitability.

Gross profit expanded to $9.65 million in fiscal 2025, indicating improving top-line efficiency despite broader net income challenges.

Long-term debt decreased to $28.6 million in fiscal 2025, reflecting a deliberate reduction in leverage compared to prior periods.

The debt-to-equity ratio of 0.28 sits below the cohort median of 0.43, suggesting a relatively conservative capital structure.

Net income plummeted to a loss of $22.0 million in fiscal 2025, severely undermining recent profitability gains and investor confidence.

The company faces high credit risk, signaling significant concerns regarding its ability to meet financial obligations and service debt.

Free cash flow deteriorated to a negative $24.1 million in fiscal 2025, highlighting persistent and worsening cash generation issues.

Revenue declined to $145.0 million in fiscal 2025 from $161.2 million in 2024, marking a contraction in top-line growth.

Revenue C$16.8M, −49,9% YoY; Operating income −62,1% YoY.

• ▍Revenue C$16.8M, −49,9% YoY
• ▍Operating income −62,1% YoY
• ▍Net income +41,4% YoY
• ▍Free cash flow +33,4% YoY
• ▍Net margin -20.1%

Revenue C$27.9M, −32,3% YoY; Operating income −127,3% YoY.

• ▍Revenue C$27.9M, −32,3% YoY
• ▍Operating income −127,3% YoY
• ▍Net income +13,0% YoY
• ▍Free cash flow +23,1% YoY
• ▍Net margin -17.3%

Revenue C$35.8M, +7,6% YoY; Operating income +27,4% YoY.

• ▍Revenue C$35.8M, +7,6% YoY
• ▍Operating income +27,4% YoY
• ▍Net income −6,4% YoY
• ▍Free cash flow −25,3% YoY
• ▍Net margin -15.6%

Revenue C$37.0M, −1,1% YoY; Operating income −59,1% YoY.

• ▍Revenue C$37.0M, −1,1% YoY
• ▍Operating income −59,1% YoY
• ▍Net income −6,8% YoY
• ▍Free cash flow +14,3% YoY
• ▍Net margin -14.7%

Revenue C$33.6M; Operating income -C$1.1M.

• ▍Revenue C$33.6M
• ▍Operating income -C$1.1M
• ▍Net margin -17.2%

Revenue C$41.1M; Operating income -C$670.0k.

• ▍Revenue C$41.1M
• ▍Operating income -C$670.0k
• ▍Net margin -13.5%

Revenue C$33.3M; Operating income -C$2.2M.

• ▍Revenue C$33.3M
• ▍Operating income -C$2.2M
• ▍Net margin -15.8%

Revenue C$37.4M; Operating income -C$1.0M.

• ▍Revenue C$37.4M
• ▍Operating income -C$1.0M
• ▍Net margin -13.6%

Revenue C$145.0M, −10,0% YoY; Operating income −203,6% YoY.

• ▍Revenue C$145.0M, −10,0% YoY
• ▍Operating income −203,6% YoY
• ▍Net income −1 763,3% YoY
• ▍Free cash flow −36,8% YoY
• ▍Net margin -15.2%

Revenue C$161.2M, −24,6% YoY; Operating income +163,9% YoY.

• ▍Revenue C$161.2M, −24,6% YoY
• ▍Operating income +163,9% YoY
• ▍Net income +114,2% YoY
• ▍Free cash flow +69,1% YoY
• ▍Net margin 0.8%

Revenue C$213.7M, +65,7% YoY; Operating income −134,5% YoY.

• ▍Revenue C$213.7M, +65,7% YoY
• ▍Operating income −134,5% YoY
• ▍Net income −1 073,4% YoY
• ▍Free cash flow −75,1% YoY
• ▍Net margin -4.4%

Revenue C$129.0M; Operating income −4 117,8% YoY.

• ▍Revenue C$129.0M
• ▍Operating income −4 117,8% YoY
• ▍Net income −802,5% YoY
• ▍Free cash flow −36 699,3% YoY
• ▍Net margin -0.6%