Income statement
USD
Annual
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 74M | 67M | 59M | 51M | 38M |
| Gross Profit | 53M | 50M | 45M | 39M | 29M |
| Operating Income | -1M | -2M | -14M | -33M | -24M |
| EBITDA | 14K | -1M | -9M | -30M | -24M |
| Net Income | 1M | -237K | -10M | -36M | -26M |
| EPS (Diluted) | — | — | — | — | — |
Technology
Live Price
Offline$0.8218
+0.00% today
1Y Change
-45.21%
Window
Jun 23, 2025 → Jun 17, 2026
Coverage: 252 bars · Jun 23, 2025 → Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Thinkific Labs Inc. (THNCF) is a Technology stock with a market cap of $80.00M and listed on OTC. The stock last traded around $0.82 and down 45.2% across the available one-year price window (Jun 23, 2025 → Jun 17, 2026). Baseline metrics include revenue growth of +11.2%, EPS growth of +703.1%, a dividend yield of 0.0%. What stands out right now is revenue +11.2%, EPS +703.1%, free cash flow -19.6% with operating margin -1.8% and ROIC -3.0%. Valuation already assumes a fairly strong business story at P/E 61.0 and price/sales 1.1. Stock Foundry combines THNCF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
THNCF
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
THNCF Max Drawdown
-56.84%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for THNCF and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$38.1M
-26.0% YoY
FY Net Income
-$26.4M
+27.6% YoY
Free Cash Flow
-$18.9M
+30.3% YoY
Revenue Growth
+11.2%
EPS Growth
+703.1%
Gross Margin
72.7%
Net Margin
1.8%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 74M | 67M | 59M | 51M | 38M |
| Gross Profit | 53M | 50M | 45M | 39M | 29M |
| Operating Income | -1M | -2M | -14M | -33M | -24M |
| EBITDA | 14K | -1M | -9M | -30M | -24M |
| Net Income | 1M | -237K | -10M | -36M | -26M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 8M | 49M | 87M | 94M | 126M |
| Total Assets | 63M | 61M | 98M | 103M | 132M |
| Total Liabilities | 19M | 20M | 16M | 15M | 11M |
| Shareholder Equity | 43M | 42M | 82M | 88M | 122M |
| Total Debt | 1M | 2M | 1M | 2M | 875K |
| Net Debt | -6M | -48M | -86M | -92M | -125M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
18M
+29.4% YoY
Capital Expenditures
655K
+48.0% YoY
Free Cash Flow
19M
+30.3% YoY
Key ratios
Gross Margin
72.7%
Operating Margin
-1.8%
Net Margin
1.8%
ROE
3.0%
Debt / Equity
0.03x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.