Thinkific Labs Inc. (TSX:THNC)

Canada · Delayed Price · Currency is CAD

2.280

+1.080 (90.00%)

Sep 24, 2026, 3:57 PM EST

Thinkific Labs Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	81	132	204	263	150	688
Market Cap Growth	-38.79%	-35.42%	-22.51%	75.97%	-78.26%	-
Enterprise Value	10	62	137	148	21	522
Last Close Price	1.20	1.94	2.99	3.22	1.88	8.91

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	74.54	-	-	-	-
Forward PE	84.82	28.41	138.54	-	-	-
PS Ratio	0.76	1.31	2.12	3.38	2.15	14.26
PB Ratio	1.37	2.22	3.41	2.43	1.26	4.47
P/TBV Ratio	1.38	2.23	3.42	2.44	1.26	4.47
P/FCF Ratio	36.97	18.02	21.01	-	-	-
P/OCF Ratio	33.77	17.19	20.28	-	-	-

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	0.10	0.62	1.42	1.89	0.31	10.81
EV/FCF Ratio	4.66	8.46	14.09	-	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.03	0.03	0.04	0.01	0.02	0.01
Debt / FCF Ratio	0.83	0.28	0.26	-	-	-
Net Debt / Equity Ratio	-1.20	-1.14	-1.15	-1.04	-1.05	-1.03
Net Debt / EBITDA Ratio	18.20	46.31	23.51	8.45	3.02	5.24
Net Debt / FCF Ratio	-32.31	-9.23	-7.07	15.72	3.39	6.66
Asset Turnover	1.19	1.18	0.84	0.59	0.44	0.53
Quick Ratio	2.79	3.04	2.94	5.91	7.10	12.22
Current Ratio	3.01	3.24	3.16	6.19	7.25	12.50
Return on Equity (ROE)	-2.20%	3.04%	-0.38%	-11.52%	-34.78%	-41.56%
Return on Assets (ROA)	-2.99%	-1.33%	-1.92%	-6.60%	-16.43%	-20.91%
Return on Capital Employed (ROCE)	-7.10%	-3.00%	-5.70%	-12.90%	-34.60%	-19.90%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	-1.64%	1.34%	-0.17%	-4.91%	-32.95%	-4.85%
FCF Yield	2.70%	5.55%	4.76%	-2.73%	-24.50%	-3.46%
Buyback Yield / Dilution	1.21%	8.33%	8.07%	-2.64%	-20.88%	-57.35%