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Added to YB: 2025-11-17

Pitch date: 2025-11-14

THNC.TO [bullish]

Thinkific Labs Inc.

-10.22%

current return

Author Info

Canadian Value Investors is a value investing blog looking for ten baggers and focused primarily on small caps. Sign up for the newsletter.

Company Info

Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.

Market Cap

CAD 104.1M

Pitch Price

CAD 1.86

Price Target

N/A

Dividend

N/A

EV/EBITDA

-50.90

P/E

176.90

EV/Sales

0.75

Sector

Software

Category

turnaround

Show full summary:
Fallen Darlings– Thinkific Labs Inc. (TSX:THNC)

THNC.TO: Online course platform w/ $52M cash (~50% market cap), reset mgmt team showing progress. Q3 rev +8% to $18.6M, ARR +5% to $60M, Plus revenue +17%. Commerce GPV +34% to $70M. AI Teaching Assistant launching Q1 2026. Risk: ChatGPT study mode threat. Rhino Ventures selling pressure.

Read full article (9 min)