Added to YB: 2025-01-31
Pitch date: 2025-01-28
NVI.V [bullish]
Novra Technologies Inc.
+71.43%
current return
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 3.3M
Pitch Price
CAD 0.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.32
P/E
6.62
EV/Sales
1.22
Sector
Communications Equipment
Category
special_situation
Novra Technologies Inc. (TSXV: NVI) (OTCQB: NVRVF) about to wake up?
NVI.V: Microcap with $12.3M convertible loan from SNAPS at $0.34/share, giving SNAPS 50%+ ownership. Q4 orders $2.3M+. SNAPS sees Novra as strategic asset, aims to add flagship products to boost growth. Debt-free post-deal. Potential for synergy with global customer base. Risk mitigated by strong Q4/Q1 revenue if deal fails. Closing Mar 31, 2025.
Read full article (4 min)