Added to YB: 2026-09-29
Pitch date: 2026-09-24
THNC.TO [bullish]
Thinkific Labs Inc.
+5.71%
current return
Author Info
No bio for this author
Company Info
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.
Market Cap
CAD 94.3M
Pitch Price
CAD 2.10
Price Target
2.95 (+33%)
Dividend
N/A
EV/EBITDA
-18.68
P/E
-102.21
EV/Sales
0.60
Sector
Software
Category
turnaround
Thinkific - STRONG BUY - A US$19 million cost reset makes Thinkific a cash machine: target raised to C$2.95, +146% upside.
THNC.TO (hold): Thinkific’s elimination of 96 roles and US$19M annual cost reset — about one-third of its operating-cost base — supports management’s target of at least 25% free-cash-flow margins from 2027 and a higher C$2.95 price target. Applying management’s 25% floor to the model’s US$78.3M 2027 revenue estimate implies about US$19.6M of annual free cash flow, while the model’s full-savings assumption produces a roughly 33% margin; shrinking Self Serve revenue, flat ARR and execution after deep cuts remain key risks.
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