Added to YB: 2026-06-04
Pitch date: 2026-06-03
NVI.V [neutral]
Novra Technologies Inc.
Author Info
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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 5.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.54
P/E
19.67
EV/Sales
0.77
Sector
Communications Equipment
Category
special_situation
Novra's Q1: The Legacy Engine Is Idling, and Now the New Verticals Have to Run
NVI.V (holding update): Q1 rev $893K (-36% YoY), products -56%; adj EBITDA $45K (-94%) but flattered by one-time gains both years—truly breakeven-ish. Balance sheet rescued via SNAPS: cash $4.1M, equity positive. ~1/3 of raise repaid CEO's entity. Legacy biz flat. Bet rests on 3 new verticals (Defense, UAV, AIoT/Lilikoi). June 26 SNAPS conversion vote at $0.34. Holding.
Read full article (5 min)