VerticalScope Holdings Inc. (TSX:FORA)

Canada flag Canada · Delayed Price · Currency is CAD
2.800
+0.030 (1.08%)
Jun 15, 2026, 10:12 AM EST
Market Cap60.23M -32.7%
Revenue (ttm)78.37M -17.3%
Net Income-12.18M
EPS-0.56
Shares Out 21.74M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,099
Open2.770
Previous Close2.770
Day's Range2.770 - 2.910
52-Week Range2.400 - 4.750
Beta0.06
AnalystsHold
Price Target4.56 (+62.86%)
Earnings DateAug 7, 2026

About VerticalScope Holdings

VerticalScope Holdings Inc., a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, Australia, and internationally. The company offers digital advertising services comprising direct advertising campaigns; programmatic advertising, such as monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including ... [Read more]

Founded 1999
Employees 159
Stock Exchange Toronto Stock Exchange
Ticker Symbol FORA
Full Company Profile

Financial Performance

In 2025, VerticalScope Holdings's revenue was $58.15 million, a decrease of -15.79% compared to the previous year's $69.05 million. Losses were -$8.02 million, 50468.6% more than in 2024.

Financial numbers in USD Financial Statements

Analyst Summary

According to 8 analysts, the average rating for FORA stock is "Hold." The 12-month stock price target is $4.56, which is an increase of 62.86% from the latest price.

Price Target
$4.56
(62.86% upside)
Analyst Consensus: Hold
Stock Forecasts

News

VerticalScope Q1 Earnings Call Highlights

VerticalScope TSE: FORA reported lower first-quarter revenue as programmatic advertising remained under pressure, but management said improving traffic trends, growth in direct advertising and e-comme...

4 weeks ago - MarketBeat

VerticalScope price target lowered to C$5 from C$6 at RBC Capital

RBC Capital analyst Drew McReynolds lowered the firm’s price target on VerticalScope (VFORF) to C$5 from C$6 and keeps a Sector Perform rating on the shares.

4 weeks ago - TheFly

VerticalScope Holdings Earnings Call Transcript: Q1 2026

Revenue declined 15% year-over-year in Q1 2026, mainly due to programmatic ad weakness, but direct advertising and e-commerce grew, and AI-driven initiatives are expected to drive future growth. Cost savings are being reinvested in AI, with improving traffic and CPM trends seen in Q2.

4 weeks ago - Transcripts

VerticalScope Holdings Earnings release: Q1 2026

VerticalScope Holdings released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

4 weeks ago - Filings

VerticalScope Announces First Quarter 2026 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-ba...

4 weeks ago - Business Wire

VerticalScope to Announce First Quarter 2026 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that the Company's first quarter 2026 financial r...

6 weeks ago - Business Wire

VerticalScope price target lowered to C$3.25 from C$4.25 at Canaccord

Canaccord lowered the firm’s price target on VerticalScope (VFORF) to C$3.25 from C$4.25 and keeps a Hold rating on the shares.

3 months ago - TheFly

VerticalScope price target lowered to C$3 from C$4 at TD Securities

TD Securities analyst Vince Valentini lowered the firm’s price target on VerticalScope (VFORF) to C$3 from C$4 and keeps a Hold rating on the shares.

3 months ago - TheFly

VerticalScope Holdings Earnings Call Transcript: Q4 2025

Sequential improvements in all key metrics in Q4 signal a turning point, with strong profitability, robust cash flow, and rapid scaling of AI-driven initiatives like Audience Engine. E-commerce and direct advertising remain resilient, while programmatic softness persists.

3 months ago - Transcripts

VerticalScope Holdings Earnings release: Q4 2025

VerticalScope Holdings released its Q4 2025 earnings on March 4, 2026, summarizing the period's financial results.

3 months ago - Filings

VerticalScope Reports Fourth Quarter and Full Year 2025 Results; Achieves Full-Year Adjusted EBITDA Guidance

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-ba...

3 months ago - Business Wire

VerticalScope to Announce Fourth Quarter and Full Year 2025 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that the Company's fourth quarter and full year 2...

4 months ago - Business Wire

VerticalScope Holdings Earnings Call Transcript: Q3 2025

Q3 2025 delivered stable sequential revenue and improved profitability, with strong growth in direct advertising and e-commerce offsetting declines in Programmatic ads. AI initiatives and data protection strategies are positioning the company for future growth and monetization.

7 months ago - Transcripts

VerticalScope Holdings Earnings release: Q3 2025

VerticalScope Holdings released its Q3 2025 earnings on November 6, 2025, summarizing the period's financial results.

7 months ago - Filings

VerticalScope Reports Sequential Growth in ARPU and Free Cash Flow for Q3 2025

TORONTO--(BUSINESS WIRE)--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital platform for ...

7 months ago - Business Wire

VerticalScope Holdings Transcript: Planet MicroCap Showcase: TORONTO 2025

The company leverages a profitable, asset-light model to build and monetize niche online communities, focusing on direct user engagement, AI-driven innovation, and strategic M&A. AI initiatives, including Fora Frank and data licensing, are driving new growth, while strong cash flow supports ongoing expansion.

8 months ago - Transcripts

VerticalScope to Announce Third Quarter 2025 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that the Company's third quarter 2025 financial r...

8 months ago - Business Wire

VerticalScope Taps TollBit to Unlock AI License Revenue and Protect Community Content

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital pla...

9 months ago - Business Wire

VerticalScope Holdings Earnings Call Transcript: Q2 2025

Q2 2025 revenue fell 13% year-over-year to $14.5M, mainly from lower programmatic ads, while e-commerce grew 41% due to the Ritual acquisition. Adjusted EBITDA margin was 30%, and full-year guidance remains unchanged, with stronger results expected in the second half.

10 months ago - Transcripts

VerticalScope Holdings Earnings release: Q2 2025

VerticalScope Holdings released its Q2 2025 earnings on August 13, 2025, summarizing the period's financial results.

10 months ago - Filings

VerticalScope Holdings Slides: Q2 2025

VerticalScope Holdings has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on August 13, 2025.

10 months ago - Filings

VerticalScope Announces Second Quarter 2025 Financial Results

TORONTO--(BUSINESS WIRE)-- #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digi...

10 months ago - Business Wire

VerticalScope to Announce Second Quarter 2025 Results

TORONTO--(BUSINESS WIRE)--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that the Company's second quarter 2025 financial results will be rele...

11 months ago - Business Wire

VerticalScope Holdings Transcript: AGM 2025

The meeting confirmed director elections and auditor reappointment, highlighted strong 2024 financials with double-digit organic growth, and outlined strategic priorities in AI innovation, revenue diversification, and direct user engagement. Leadership transitions and robust liquidity position the company for continued growth.

1 year ago - Transcripts

VerticalScope Announces CEO Transition and Executive Appointment to Drive Next Phase of Growth

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital pla...

1 year ago - Business Wire