What is Thinkific Labs Inc.'s (THNC.TO) StockRank?

MoatMap's StockRank for Thinkific Labs Inc. (THNC.TO) is 36/100, with a Hold signal. This is a composite score combining Quality (52), Value (55), and Momentum (22) factor ranks across MoatMap's 19,000+ stock universe.

Does Thinkific Labs Inc. have an economic moat?

Thinkific Labs Inc. (THNC.TO) has a Quality factor score of 52/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Thinkific Labs Inc. a buy, hold, or sell?

MoatMap's current signal for Thinkific Labs Inc. (THNC.TO) is Hold, based on a StockRank of 36/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Thinkific Labs Inc. in?

Thinkific Labs Inc. (THNC.TO) operates in the Technology sector, specifically the Software - Application industry (Canada).

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THNC.TO

HOLDREMOVE

Thinkific Labs Inc. · Technology · Canada · $59M · Avg Vol: $20K/d

StockRank

P/E (TTM)

—

ROE

-0.5%

D/E

0.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

$37.3K · 4d →

AI CONVICTION THESIS

Thinkific Labs is a micro-cap SaaS platform lacking scale, pricing power, or structural macro tailwinds to survive in a concentrated global portfolio.

COMPANY DESCRIPTION

Thinkific Labs Inc. provides a comprehensive, cloud-based software platform that enables entrepreneurs and businesses to create, market, and sell online courses and membership sites. The company's competitive moat is driven by its user-friendly, all-in-one SaaS platform and its integrated payment processing solution, Thinkific Payments, which increases customer retention and average revenue per user. It operates as a scalable technology provider capitalizing on the expansion of the global creator economy and digital learning markets.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	37M	43M	48M	53M	12.4%
EPS	-0.33	-0.09	0.00	0.01	—
Shares	80M	81M	68M	68M	-14.6%
Debt	1M	747,447	1M	1M	-9.1%
Equity	64M	59M	30M	31M	-21.0%
Op CF	-19M	-4M	5M	4M	-20.1%
Inv CF	-912,234	38,386	-120,229	-31M	—
Fin CF	-174,682	-2M	-31M	-3M	—

PRICE (1M)-19.0%

SMA 50SMA 200

$0.93

RSI (14)

50.0

52W High

$1.74

From 52W High

0.5%

SCORE BREAKDOWN

Quality

ROIC

-3.0%19.6

ROE

-0.5%24.6

GP/Assets

116.6%97.4

Op. Margin

-10.1%15.5

FCF/Assets

3.2%54.5

Piotroski

—44.6

Int. Cover

—N/A

D/E Ratio

0.03x80.5

Current Ratio

3.12x73.1

Value

P/E (TTM)

—N/A

EV/EBITDA

-10.0x84.9

P/FCF

55.3x39.7

P/B

1.1x85.5

P/S

0.8x83.5

Div Yield

—N/A

Momentum

52W High %

53%17.7

RS 6M

-36%31.2

SMA 50/200

0.77x6.9

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$59M

P/E (Forward)

-26.1x

Gross Margin

72.6%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of THNC.TO are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
THNC.TO	Thinkific Labs Inc.(you)	$59M	36	HOLD
AMT.V	AmeriTrust Financial Technologies Inc.	$74M	27	SELL
DND.TO	Dye & Durham Limited	$140M	29	SELL
URL.CN	NameSilo Technologies Corp.	$102M	51	HOLD
NCI.V	NTG Clarity Networks Inc.	$26M	48	HOLD
SYZ.TO	Sylogist Ltd.	$59M	8	STRONG SELL
ONE.V	01 Quantum Inc.	$44M	11	STRONG SELL
MHUB.V	Minehub Technologies Inc.	$54M	1	STRONG SELL
AZ	A2Z Cust2Mate Solutions Corp.	$297M	15	STRONG SELL
CMG.TO	Computer Modelling Group Ltd.	$214M	75	BUY

Peer medians: ROE 10.3% · P/E 36.3x · Gross margin 48.0%

Thinkific Labs Inc. (THNC.TO) — Stock Score Summary

Thinkific Labs Inc. (THNC.TO) has a MoatMap StockRank of 36/100 based on Quality (52/100), Value (55/100), and Momentum (22/100) factor scores. The current signal is HOLD. Thinkific Labs is a micro-cap SaaS platform lacking scale, pricing power, or structural macro tailwinds to survive in a concentrated global portfolio.

Key Financial Metrics

Price	$0.93
Market Cap	$59M
P/E (Forward)	-26.12
Price/Book	1.07
Return on Equity	-0.5%
Return on Invested Capital	-3.0%
Debt/Equity	3.33
Gross Margin	72.6%
Operating Margin	-10.1%
Revenue Growth	4.7%
Free Cash Flow	$1M

Thinkific Labs Inc. operates in the Software - Application industry, part of the Technology sector (Canada).

Frequently Asked Questions

What is Thinkific Labs Inc.’s (THNC.TO) StockRank?: MoatMap’s StockRank for Thinkific Labs Inc. (THNC.TO) is 36/100, with a Hold signal. It is a composite of Quality (52), Value (55), and Momentum (22) factor ranks across MoatMap’s 19,000+ stock universe.
Does Thinkific Labs Inc. have an economic moat?: Thinkific Labs Inc. (THNC.TO) has a Quality factor score of 52/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Thinkific Labs Inc. a buy, hold, or sell?: MoatMap’s current signal for Thinkific Labs Inc. (THNC.TO) is Hold, based on a StockRank of 36/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Thinkific Labs Inc. in?: Thinkific Labs Inc. (THNC.TO) operates in the Technology sector, specifically the Software - Application industry (Canada).