Findev Financials

FDI Stock  CAD 0.41  0.00  0.00%   
We urge to utilize Findev Inc analysis to find out if markets are presently mispricing the company. We were able to interpolate thirty-two available fundamental indicators for Findev Inc, which can be compared to its peers. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Findev to be traded at C$0.4059 in 90 days.

Findev Balance Sheet Chart

At this time, Findev's Total Current Liabilities is fairly stable compared to the past year. Total Liabilities is likely to climb to about 872.5 K in 2026, whereas Other Current Liabilities is likely to drop slightly above 184.4 K in 2026.
Key indicators impacting Findev's financial strength include:
Operating Margin
0.7766
PE Ratio
41
Payout Ratio
3.7037
Short Ratio
0.01
Return On Equity
(0.01)
  
Understanding current and past Findev Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Findev's financial statements are interrelated, with each one affecting the others. For example, an increase in Findev's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Findev's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Findev Inc. Check Findev's Beneish M Score to see the likelihood of Findev's management manipulating its earnings.

Findev Stock Summary

Findev competes with Uniserve Communications, Data Communications, and High Liner. Findev Inc. provides real estate financing secured by investment properties and real estate developments. Findev Inc. was founded in 2001 and is based in Toronto, Canada. FINDEV INC operates under Specialty Finance classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Financial Services, Mortgage Finance
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
Business Address10 Wanless Avenue,
SectorThrifts & Mortgage Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitefindev.ca
Phone647 789 5188
CurrencyCAD - Canadian Dollar
You should never invest in Findev without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Findev Stock, because this is throwing your money away. Analyzing the key information contained in Findev's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Findev Key Financial Ratios

There are many critical financial ratios that Findev's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Findev Inc reports annually and quarterly.

Findev Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets23.3M24.0M25.1M27.2M31.3M18.3M
Retained Earnings(24.1M)(23.5M)(22.3M)(20.6M)(23.7M)(24.9M)
Accounts Payable44.2K45.7K41.4K60.8K54.7K52.0K
Cash280.4K286.2K282.5K301.5K271.4K257.8K
Total Liab283.7K300.9K315.9K664.2K597.8K872.5K
Total Current Assets20.3M24.0M25.1M27.2M31.3M32.8M
Net Invested Capital23.0M23.7M24.8M26.5M30.5M24.5M
Net Working Capital20.0M23.7M24.8M26.5M30.5M24.0M

Findev Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense930.01.2K935.0962.01.1K1.2K
Total Revenue2.7M3.0M3.4M3.6M4.2M2.6M
Gross Profit2.7M3.0M3.4M3.6M4.2M2.4M
Operating Income2.4M2.8M3.1M3.3M3.9M4.0M
Cost Of Revenue1.2K1.4K1.4K855.0769.5731.03
Income Before Tax2.4M2.2M3.0M3.3M3.9M4.0M
Net Income5.4M1.5M2.0M2.6M3.0M3.1M
Net Interest Income(1.2K)(935.0)(945.0)(856.0)(984.4)(1.0K)

Findev Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash(7.6K)5.8K(3.7K)19.1K17.2K16.3K
Total Cash From Operating Activities851.8K865.2K855.7K878.5K1.0M1.1M
Net Income5.4M1.5M2.0M2.6M3.0M3.1M
End Period Cash Flow280.4K286.2K282.5K301.5K271.4K251.0K
Free Cash Flow851.8K865.2K855.7K878.5K790.6K687.9K
Change In Working Capital34.1K19.0K16.0K35.0K31.5K32.8K
Begin Period Cash Flow288.0K280.4K286.2K282.5K254.2K252.6K
Other Non Cash Items(1.6M)(1.9M)(2.3M)(2.8M)(2.5M)(2.6M)

Findev Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Findev's current stock value. Our valuation model uses many indicators to compare Findev value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Findev competition to find correlations between indicators driving Findev's intrinsic value. More Info.
Findev Inc is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Findev's earnings, one of the primary drivers of an investment's value.

Findev Inc Total Assets Over Time

Most indicators from Findev's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Findev Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Findev Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At this time, Findev's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to climb to about 908.5 K in 2026, whereas Selling General Administrative is likely to drop slightly above 224 K in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit3.4M3.6M4.2M2.4M
Total Revenue3.4M3.6M4.2M2.6M

Findev fundamental ratios Correlations

-0.02-0.730.990.960.56-0.78-0.57-0.270.94-0.62-0.68-0.520.78-0.52-0.510.89-0.520.710.90.910.9-0.270.82-0.270.8
-0.02-0.390.090.15-0.3-0.4-0.730.050.18-0.59-0.52-0.79-0.03-0.79-0.80.23-0.780.40.220.170.150.050.060.050.06
-0.73-0.39-0.82-0.870.030.980.820.17-0.880.970.990.85-0.470.850.85-0.920.86-0.96-0.92-0.81-0.780.17-0.450.17-0.42
0.990.09-0.820.990.47-0.86-0.66-0.260.98-0.72-0.78-0.630.75-0.63-0.620.94-0.630.80.950.930.92-0.260.79-0.260.77
0.960.15-0.870.990.37-0.9-0.69-0.170.99-0.78-0.84-0.690.68-0.69-0.680.96-0.680.850.970.920.9-0.170.71-0.170.68
0.56-0.30.030.470.37-0.07-0.07-0.230.320.130.070.150.730.150.160.150.13-0.080.220.450.43-0.230.74-0.230.72
-0.78-0.40.98-0.86-0.9-0.070.870.26-0.910.940.980.86-0.560.860.85-0.940.87-0.92-0.95-0.88-0.860.26-0.540.26-0.51
-0.57-0.730.82-0.66-0.69-0.070.870.25-0.730.860.880.92-0.490.920.91-0.740.93-0.75-0.76-0.78-0.760.25-0.50.25-0.47
-0.270.050.17-0.26-0.17-0.230.260.25-0.170.140.170.1-0.580.10.06-0.290.18-0.07-0.22-0.34-0.391.0-0.521.0-0.52
0.940.18-0.880.980.990.32-0.91-0.73-0.17-0.79-0.85-0.710.66-0.71-0.710.97-0.710.840.990.930.92-0.170.66-0.170.63
-0.62-0.590.97-0.72-0.780.130.940.860.14-0.790.990.94-0.390.940.94-0.850.95-0.95-0.83-0.71-0.680.14-0.410.14-0.39
-0.68-0.520.99-0.78-0.840.070.980.880.17-0.850.990.92-0.450.920.92-0.90.93-0.95-0.89-0.78-0.760.17-0.450.17-0.42
-0.52-0.790.85-0.63-0.690.150.860.920.1-0.710.940.92-0.321.01.0-0.771.0-0.86-0.74-0.64-0.620.1-0.390.1-0.38
0.78-0.03-0.470.750.680.73-0.56-0.49-0.580.66-0.39-0.45-0.32-0.32-0.30.59-0.360.410.610.760.8-0.580.88-0.580.86
-0.52-0.790.85-0.63-0.690.150.860.920.1-0.710.940.921.0-0.321.0-0.771.0-0.86-0.74-0.64-0.620.1-0.390.1-0.38
-0.51-0.80.85-0.62-0.680.160.850.910.06-0.710.940.921.0-0.31.0-0.760.99-0.86-0.74-0.63-0.610.06-0.370.06-0.36
0.890.23-0.920.940.960.15-0.94-0.74-0.290.97-0.85-0.9-0.770.59-0.77-0.76-0.770.890.990.880.87-0.290.61-0.290.59
-0.52-0.780.86-0.63-0.680.130.870.930.18-0.710.950.931.0-0.361.00.99-0.77-0.85-0.75-0.65-0.640.18-0.420.18-0.4
0.710.4-0.960.80.85-0.08-0.92-0.75-0.070.84-0.95-0.95-0.860.41-0.86-0.860.89-0.850.860.740.72-0.070.46-0.070.44
0.90.22-0.920.950.970.22-0.95-0.76-0.220.99-0.83-0.89-0.740.61-0.74-0.740.99-0.750.860.910.9-0.220.59-0.220.57
0.910.17-0.810.930.920.45-0.88-0.78-0.340.93-0.71-0.78-0.640.76-0.64-0.630.88-0.650.740.910.98-0.340.77-0.340.75
0.90.15-0.780.920.90.43-0.86-0.76-0.390.92-0.68-0.76-0.620.8-0.62-0.610.87-0.640.720.90.98-0.390.77-0.390.75
-0.270.050.17-0.26-0.17-0.230.260.251.0-0.170.140.170.1-0.580.10.06-0.290.18-0.07-0.22-0.34-0.39-0.521.0-0.52
0.820.06-0.450.790.710.74-0.54-0.5-0.520.66-0.41-0.45-0.390.88-0.39-0.370.61-0.420.460.590.770.77-0.52-0.520.98
-0.270.050.17-0.26-0.17-0.230.260.251.0-0.170.140.170.1-0.580.10.06-0.290.18-0.07-0.22-0.34-0.391.0-0.52-0.52
0.80.06-0.420.770.680.72-0.51-0.47-0.520.63-0.39-0.42-0.380.86-0.38-0.360.59-0.40.440.570.750.75-0.520.98-0.52
Click cells to compare fundamentals

Findev Account Relationship Matchups

Findev fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets23.3M24.0M25.1M27.2M31.3M18.3M
Retained Earnings(24.1M)(23.5M)(22.3M)(20.6M)(23.7M)(24.9M)
Accounts Payable44.2K45.7K41.4K60.8K54.7K52.0K
Cash280.4K286.2K282.5K301.5K271.4K257.8K
Total Liab283.7K300.9K315.9K664.2K597.8K872.5K
Total Current Assets20.3M24.0M25.1M27.2M31.3M32.8M
Net Invested Capital23.0M23.7M24.8M26.5M30.5M24.5M
Net Working Capital20.0M23.7M24.8M26.5M30.5M24.0M

Findev February 26, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Findev help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Findev Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Findev Inc based on widely used predictive technical indicators. In general, we focus on analyzing Findev Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Findev's daily price indicators and compare them against related drivers.

Additional Tools for Findev Stock Analysis

When running Findev's price analysis, check to measure Findev's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Findev is operating at the current time. Most of Findev's value examination focuses on studying past and present price action to predict the probability of Findev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Findev's price. Additionally, you may evaluate how the addition of Findev to your portfolios can decrease your overall portfolio volatility.