The Westaim Corporation (TSXV:WED)

Canada · Delayed Price · Currency is CAD

22.20

+0.08 (0.36%)

Jul 30, 2026, 3:10 PM EST

The Westaim Corporation Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	63.13	53.37	17.04	8.63	10.68	2.36
Revenue Growth	240.87%	213.19%	97.51%	-19.24%	353.59%	-90.53%
Gross Profit	63.13	48.66	17.04	8.63	10.68	2.36
Operating Income	-71.35	-57.5	-41	-16.97	2.69	-1.83
Net Income	-63.93	-35.56	-16.18	183.98	17.96	28.21
Earnings Per Share	-1.92	-1.25	-0.75	-	-	-
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Eliminations	-3.57
Insurance	9.14
Asset Management	40.29
Corporate	21.69
Total	67.55

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Cash & Investments	240.59	283.15	301.91	135.03	3.43	6.56
Total Debt	7.74	7.25	0	0	36.94	39.55
Net Cash (Debt)	232.85	275.9	301.91	135.03	-33.51	-33
Net Cash Growth	-3.29%	-8.62%	123.58%	-	-	-
Net Cash Per Share	6.98	9.05	14.07	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Operating Cash Flow	40.61	-4.83	-46.57	-3.09	-2.46	-5.12
Capital Expenditures	-10.67	-7.9	-0.01	-	-	-0.01
Free Cash Flow	29.94	-12.73	-46.57	-3.09	-2.46	-5.13
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Gross Margin	100.00%	91.19%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-113.02%	-107.75%	-240.59%	-196.65%	25.20%	-77.54%
Pretax Margin	-108.64%	-82.41%	-114.34%	2159.28%	164.80%	1207.26%
Profit Margin	-97.40%	-66.64%	-94.94%	2132.63%	168.14%	1197.88%
FCF Margin	47.42%	-23.85%	-273.34%	-35.84%	-23.03%	-217.75%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 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
Forward PE	-	235.84	235.84	9.52	13.17	6.81
PS Ratio	6.10	11.60	27.54	43.24	25.66	119.84