Maritime Launch Services Inc

Maritime Launch Services Inc

0.47
CAD
-0.01
(-3.09%)
-0.06EPS
357.30MMarket Cap
Nov 18Next Earn
Maritime Launch Services Inc
NEO:MAXQ
(Cboe Canada)

Recent

price

0.47

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CAD
- -
- -
- -
- -
- -
- -
- -
0.01
Revenue per Share
- -
- -
-0.01
-0.02
-0.01
-0.01
-0.09
-0.06
Basic EPS, GAAP
- -
- -
-0.01
-0.02
-0.01
- -
-0.01
0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-0.01
- -
0.01
- -
-0.01
0.02
0.03
Book Value per Share
- -
-0.01
- -
0.01
- -
-0.01
0.02
0.03
Tangible Book Value per Share
403
403
403
390
408
417
509
797
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
7
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
-25,529.75
13.43
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-1
-1
-4
-7
-4
-6
-47
-44
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
-315,647.41
-671.55
Profit Margin (%)
-2
-2
-5
-5
-11
-17
3
2
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
-2
-2
-2
3
1
-3
18
21
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-200.82
- -
- -
- -
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
7
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
751
757
760
Market Capitalization
210
477
357

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10
31
23
Cash, Cash Equivalents & STI
9
30
23
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
30
21
Payables & Accruals
2
4
2
ST Debt
4
7
1
Deferred Revenue
- -
19
19

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-258.26%
-648.57%
Free Cash Flow
- -
14,913.4%
293.12%
Net Income, GAAP
- -
279.86%
660.61%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
1
6
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
-0.01
-0.01
2025
- -
- -
-0.01
-0.06
-0.09
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Maritime Launch Services Inc. (Ticker: MAXQ.NE) develops and operates commercial spaceports for orbital and suborbital rocket launches, focusing on providing launch infrastructure and services to the global space industry. The company offers spaceport development, launch pad construction and operations, payload integration services, mission control support, and ancillary services including ground infrastructure, telemetry tracking, and range safety systems; its primary brands and projects include the Spaceport Nova Scotia at Whittaker Point in Nova Scotia, Canada, designed for medium-lift rockets up to 500,000 kg payload capacity, and potential expansions for polar and eastern range orbits. Founded in 2016 and headquartered in Dartmouth, Nova Scotia, Canada, Maritime Launch Services targets commercial satellite operators, government agencies, and emerging space ventures across North America, Europe, and international markets, with operations centered in Canada but supporting launches accessible to global customers. In recent developments, the company listed on the NEO Exchange under ticker MAXQ in May 2023 following a $15 million IPO to fund spaceport construction, and entered a strategic partnership with Firefly Aerospace in 2023 for exclusive launch rights at Spaceport Nova Scotia using the Alpha rocket, marking its first committed launch customer. Maritime Launch advanced site preparations at Whittaker Point, including environmental assessments and infrastructure groundwork completed in 2024, positioning it for first launches targeted in 2026; it also secured additional funding through private placements totaling over $10 million in 2024 to support operational readiness. These initiatives represent significant progress in transforming the site into Canada's first commercial spaceport, with no major acquisitions or name changes reported in the last two years.

Company News

  • MARITIME LAUNCH SERVICES RECEIVES CONDITIONAL APPROVAL TO LIST ON THE TORONTO STOCK EXCHANGE

  • Galaxia and Maritime Launch Services Announce Partnership to Develop Autonomous Flight Safety System for Spaceport Nova Scotia

  • Maritime Launch Services and Isar Aerospace Finalize Statement of Work, Advance to Execution

  • Maritime Launch Services and Isar Aerospace Extend Deadline to Finalize Statement of Work and Programmatic Milestones

  • Maritime Launch Services and Isar Aerospace Extend Deadline to Finalize Statement of Work and Programmatic Milestones

  • Sovereign space access for Germany and Canada: Isar Aerospace and Maritime Launch Services sign contract to advance orbital launch capability from Spaceport Nova Scotia

  • Maritime Launch Completes Suborbital Launch from Spaceport Nova Scotia in Partnership with T-Minus Engineering

  • Maritime Launch Completes Suborbital Launch from Spaceport Nova Scotia in Partnership with T-Minus Engineering

  • MARITIME LAUNCH SERVICES ANNOUNCES VOTING RESULTS AND ELECTION OF DIRECTORS

  • Sasha Jacob Announces Change to Holdings in Maritime Launch Services Inc.

  • Government of Canada Selects Spaceport Nova Scotia as Dedicated Sovereign Launch Site for National Defence

  • INNOSPACE Signs Letter of Intent with Maritime Launch to Explore Launch Operations at Spaceport Nova Scotia

  • Maritime Launch Appoints Melissa Quinn as Vice President of Spaceport Operations to Support Canada's Orbital Launch Readiness at Spaceport Nova Scotia

  • Maritime Launch Appoints Ian McLeod to Board of Directors as Company Enters a New Phase of Growth Advancing Orbital Launch Capability in Canada

  • Maritime Launch Services Announces Full Conversion of Convertible Debentures Following $10 Million Equity Financing

  • MDA Space Makes $10 Million Investment in Maritime Launch becoming an Equity Owner and a Strategic Partner

  • Export Development Canada Commits $10 Million to Maritime Launch to Advance Spaceport Nova Scotia Toward Orbital Launch

  • Canada Secures Sovereign Path to Orbit: Maritime Launch and Reaction Dynamics Sign Pathfinder Agreement to Establish Domestic Orbital Launch Capability

  • Maritime Launch Receives Additional Infrastructure Reimbursement Approval for Over $10 Million from the Province of Nova Scotia for an Additional Small Launcher Launch Pad

  • Maritime Launch and T-Minus Engineering Announce Plans for Hypersonic Suborbital Launches from Spaceport Nova Scotia