Added to YB: 2026-05-05
Pitch date: 2026-05-01
NVI.V [neutral]
Novra Technologies Inc.
Author Info
Down-market Canadian Microcaps highlights lesser known microcap stocks in the Canadian microcap space. Sign up for the newsletter.
Company Info
Novra Technologies Inc., together with its subsidiaries, provides technology for distribution of broadband data via satellite and IP networks with a specialization in broadcast media in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania.
Market Cap
CAD 5.3M
Pitch Price
CAD 0.14
Price Target
N/A
Dividend
N/A
EV/EBITDA
42.09
P/E
10.60
EV/Sales
1.58
Sector
Communications Equipment
Category
special_situation
Novra (TSXV: NVI) (OTCQB: NVRVF): The Lilikoi Question Just Got Real
NVI.V (holding update): 2025 rev $5.4M (+37%), net income $719K vs $1.7M loss, 55.8% GM. Core biz strong but SNAPS now disclosed as exploring merger/acquisition of Lilikoi (SNAPS-controlled entity)—related-party deal w/ same entity on both sides. Lilikoi claims 950 employees, proprietary spectrum but no audited financials or FCC licenses disclosed. Potential dilution to 100M+ shares (3x pre-conversion). June 2026 shareholder vote critical. Needs independent fairness opinion, audited Lilikoi financials, spectrum proof, BuildingIQ precedent addressed. Strategy could work but minority protections essential.
Read full article (5 min)