The Westaim Corporation (TSXV:WED)

Canada · Delayed Price · Currency is CAD

19.80

-0.10 (-0.50%)

Aug 19, 2026, 3:59 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	Jun '26 Jun 30, 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	61.51	67.55	38.55	212.79	27.44	33.72
Revenue Growth	43.72%	75.23%	-81.88%	675.54%	-18.63%	-
Gross Profit	61.51	67.55	38.55	212.79	27.44	33.72
Operating Income	-146.69	-42.67	-20.16	187.79	19.37	26.34
Net Income	-145.17	-38	-16.18	183.98	17.96	28.21
Earnings Per Share	-4.35	-1.25	-0.75	7.90	0.74	1.16
EPS Growth	-	-	-	968.17%	-36.05%	-

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	Jun '26 Jun 30, 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	353.87	283.15	301.91	521.76	385.61	374.66
Total Debt	7.44	7.25	-	0.13	37.2	39.97
Net Cash (Debt)	346.43	275.9	301.91	521.63	348.41	334.69
Net Cash Growth	-32.50%	-8.62%	-42.12%	49.72%	4.10%	6.02%
Net Cash Per Share	10.38	9.05	14.07	21.98	14.43	13.74

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	343.28	-4.83	-46.57	-3.09	-2.46	-5.12
Capital Expenditures	-11.97	-7.9	-0.01	-	-	-0.01
Free Cash Flow	331.31	-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	Jun '26 Jun 30, 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%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-238.50%	-63.17%	-52.29%	88.25%	70.59%	78.11%
Pretax Margin	-242.48%	-65.10%	-50.54%	87.54%	64.16%	84.32%
Profit Margin	-236.02%	-56.26%	-41.96%	86.46%	65.46%	83.67%
FCF Margin	538.67%	-18.84%	-120.81%	-1.45%	-8.97%	-15.21%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 20, 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	-	-	-	2.04	15.30	9.99
Forward PE	-	235.84	235.84	9.52	13.17	6.81
PS Ratio	7.54	9.18	11.95	1.76	10.01	8.36