Canada's VerticalScope Q4 revenue misses estimates, announces Board transition

Verticalscope Holdings

03/03/2026 22:16

Overview

Canada tech firm's Q4 revenue missed analyst expectations

Adjusted EBITDA margin for Q4 expanded to 45%, up 300 basis points sequentially

Neil Oliver appointed to board, replacing Phil Evershed

Outlook

VerticalScope expects AudienceEngine to contribute significantly to future revenue

Company plans to invest in AI initiatives and targeted M&A in 2026

VerticalScope anticipates double-digit bookings growth to start the year

Result Drivers

CORE AUDIENCE STABILIZATION - Q4 revenue grew 5% sequentially due to stabilization in core audience and resilience of direct advertising channel

Company press release: ID:nBwPKRyqa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$15.40 mln
$16.81 mln (6 Analysts)
Q4 EPS
-$0.16
Q4 Net Income
-$3.40 mln
Q4 Adjusted EBITDA
$6.90 mln
Q4 EBITDA
$5.85 mln
Q4 Free Cash Flow
$7 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for VerticalScope Holdings Inc is C$5.62, about 94.4% above its March 2 closing price of C$2.89

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)