Flow Capital Corp.

Flow Capital Corp.

AHFCF
Flow Capital Corp.US flagOther OTC
0.57
USD
-NaN
- -
16.70MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.23
0.52
-0.29
-0.18
0.05
0.09
0.28
0.37
0.3
0.17
0.3
0.44
0.38
Basic EPS, GAAP
-0.09
-0.27
0.22
-0.39
-0.21
0.06
-0.3
0.06
0.18
0.46
-0.01
-0.03
0.03
0.04
Free Cash Flow per Basic Share
-0.08
-1.72
-0.54
-0.23
0.05
-0.03
0.35
-0.03
-0.07
0.21
-0.2
-0.25
-0.31
-0.38
Dividend per Share
- -
- -
0.17
0.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.28
-0.13
-0.67
0.39
0.57
0.4
0.49
0.72
1.19
1.18
1.16
1.19
1.22
Tangible Book Value per Share
0.41
1.52
1.97
1.21
0.42
0.38
0.44
0.51
0.74
1.22
1.19
1.19
1.23
1.26
Basic Weighted Avg Shares
7
13
23
28
53
50
40
35
31
31
32
31
30
30
Sales/Revenue/Turnover
- -
3
12
-8
-10
2
4
10
12
9
5
9
13
11
Operating Margin (%)
- -
-81.83
72.13
158.14
140.92
-83.94
-3.71
65.39
63.25
73.25
50.55
-6.71
46.47
54.46
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-3
5
-11
-11
3
-12
2
6
15
- -
-1
1
1
Effective Tax Rate (%)
- -
- -
26.73
- -
- -
- -
- -
29.51
14.29
- -
- -
- -
39.13
33.13
Profit Margin (%)
- -
-117.42
42.61
134.36
117.19
131.04
-322.45
21.09
47.89
155.72
-6.89
-9.16
7.2
11.64
Working Capital
1
10
18
10
8
-9
10
8
5
14
25
12
11
24
LT Debt
- -
15
16
16
16
4
14
13
16
6
22
32
45
50
Total Equity
3
20
46
33
22
31
18
18
23
38
38
37
37
38
Return on Invested Capital (%)
- -
- -
13.06
- -
- -
- -
- -
13.65
16.26
- -
- -
- -
4.92
5.23
Return on Capital (%)
- -
- -
50.75
- -
- -
- -
- -
14.24
18.83
- -
- -
- -
3.61
4.34
Return on Common Equity (%)
- -
- -
- -
- -
- -
12.27
-53.22
12.85
28.13
48.68
-0.99
-2.33
2.64
3.66

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
47
45
50
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
29
29
Market Capitalization
22
24
24

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5
13
26
Cash, Cash Equivalents & STI
3
3
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
2
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.86%
18.05%
0.25%
Free Cash Flow
-182.79%
-88.12%
18.32%
Net Income, GAAP
-89.54%
28.02%
-211.16%
Sales/Revenue/Turnover
3.39%
13.68%
41.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
3
9
2025
3
1
3
4
13
2026
4
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.01
-0.02
- -
-0.03
2025
0.01
-0.05
0.04
- -
0.03
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Alexander William Baluta
Full Time Employees
5
Sector
Financial Services
Industry
Asset Management
Address
Three Bentall Centre Toronto BC Canada V7X 1L3
IPO Date
Jul 5, 2007
Business
Flow Capital Corp. (TSXV:FW; OTC:AHFCF) is a Canada-based venture debt lender that provides flexible growth capital and alternative debt solutions to high-growth, revenue-generating companies, primarily in technology and SaaS sectors; offerings include non-dilutive loans ranging from $2 million to $10 million with covenant-light structures, sector-agnostic investments focused on growth-stage businesses backed by venture capital or founder-owned, and royalty-based financing without the complexities of traditional bank loans or equity dilution. The company targets firms with at least $3 million in revenue across the U.S., U.K., and Canada, maintaining a portfolio of approximately 17 loan and royalty investments through subsidiaries such as Flow Capital US Corp. and Flow Investment Services Corp. Founded in 2011 and headquartered at 47 Colborne Street in Toronto, Ontario, Flow Capital operates as a publicly listed principal investment firm with five employees led by CEO Alex Baluta. Recent developments include a US$1.675 million follow-on investment in March 2025 to portfolio company MiniLuxe Holding Corp. (TSXV:MNLX), extending debt maturity to 2028 and supporting franchising and joint venture expansions following strong 2024 performance; $1.5 million in follow-on loans over the prior six months to a Canadian fintech SaaS company, bringing total commitment to $3.4 million to fuel cross-border growth; and a commenced normal course issuer bid alongside quarterly financial reporting reflecting ongoing portfolio support for high-growth SaaS objectives.

Company News

APIChat
  • Flow Capital Announces New CFO and Listing on the CSE

  • Flow Capital Corp. (FW:CA) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Flow Capital Announces Q1 2026 Financial Results

  • Flow Capital Announces Repayment of TVision Investment Following Acquisition by Viant

  • Flow Capital Corp. (FW:CA) Q4 2025 Earnings Call Transcript

  • Flow Capital Announces 2025 Financial Results

  • Flow Capital Announces a US$1.75M Follow-On Investment in MiniLuxe

  • Flow Capital Announces a US$3.0M Investment in Guardify

  • Flow Capital Announces Cash Dividend on Series A Preferred Shares

  • Flow Capital Announces US$3.0M Follow-On Investment in Congruity 360

  • Flow Capital Announces 2025 Normal Course Issuer Bid For Common Shares

  • Flow Capital Corp. (FW:CA) Q3 2025 Earnings Call Transcript

  • Flow Capital Announces Q3 2025 Annual Financial Results

  • Flow Capital Announces Change of Auditors

  • Flow Capital Announces Early Repayment of Investment in a Sleep Wellness Company

  • Flow Capital Announces Q2 2025 Financial Results

  • Flow Capital Announces a C$15.0M Investment in Common Wealth

  • Flow Capital Announces Cash Dividend on Series A Preferred Shares

  • Flow Capital Announces US$1.5M Follow-On Investment in Tattle

  • Flow Capital Announces a US$5.0 Million Loan to a Tech-Enabled Hospitality Provider