Visionstate Corp.
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- John A. Putters
- Full Time Employees
- 5
- Sector
- Technology services
- Industry
- Information technology services
- Address
- 8634 - 53 Avenue Edmonton AB Canada T6E 5G2
- IPO Date
- Jun 19, 2000
- Website
- visionstate.com
- Similar Companies
- Business
- Visionstate Corp. (TSXV: VIS) develops and provides Internet of Things (IoT) solutions for facility management, big data analytics, and sustainability applications; its core offerings include the WANDA platform for real-time cleaning task management and data-driven operational efficiency, WANDA Lite (CleanWatch) for compliance with regulations such as Ontario's Bill 190 requiring cleaning time displays in public washrooms, MIRA for digital inspections and audits serving sectors like trucking, construction, education, and manufacturing, TidyLogic AI for predictive staffing optimization and resource planning developed with the Alberta Machine Intelligence Institute (AMII), and Wanda Exteriors for exterior maintenance tracking including snow removal and proof-of-service documentation. The company operates primarily through its wholly-owned subsidiary Visionstate IoT Inc., with additional investments in synergistic technologies such as Sol Spaces Inc. for climate-resilient greenhouses and backyard studios; it targets hospitals, airports, shopping centers, long-term care facilities, public facilities, logistics, and property management across Canada, the United States, and beyond North America. Founded in 2000 and headquartered in Edmonton, Alberta, Canada, Visionstate focuses on SaaS-based recurring revenue models to drive efficiency, compliance, and sustainability. Recent developments include a November 2025 U.S. pilot project with a leading facility management firm deploying MIRA and WANDA at three hospital sites with potential expansion to 15 locations and broader rollout; onboarding new customers for MIRA across 10 initial sites including trucking and construction firms plus an additional 70-site portfolio opportunity, alongside Ontario hospital and long-term care adoptions. In November 2025, the company secured $300,000 in convertible debenture financing from a longstanding shareholder at a $0.05 per share premium to support global expansion and technology advancement. Additional advancements encompass AMII-supported TidyLogic commercialization with customer demonstrations, Wanda Exteriors launch ahead of winter seasons, and Bill 190 readiness via distribution partnerships and deferred invoicing strategies for WandaLITE subscriptions starting January 2026.
Company News
Visionstate Extends Bunzl Canada Partnership to Drive CleanWatch(TM) Growth
Visionstate Expands MIRA into Asia Through Philippines Distribution Agreement
Visionstate Announces $750,000 financing to Support International Expansion and Strategic Growth
Visionstate to Pause LIFE Offering and Re-Examine Financing Approach
Visionstate Announces LIFE Financing of Up to $1.0 Million to Accelerate Commercial Growth of MIRA Compliance Intelligence Platform
Visionstate Reports 27% Q2 Revenue Growth as MIRA Platform Gains Traction
Visionstate Adds Ontario Health Region, Expands Recurring Revenue and U.S. Footprint
Visionstate Reports Accelerating Subscription Growth and Expansion of MIRA Compliance Platform
Visionstate Repositions Under MIRA Compliance Platform and Reports Subscription Growth
Visionstate Reflects on 2025 Strategic Investments and Outlines Growth Objectives for 2026
Visionstate Announces Closing of Previously Announced Private Placement
Visionstate Advances AI Innovation in Facility Management with AMII-Supported Development of TidyLogic
Visionstate Secures $300,000 Convertible Debenture Financing to Accelerate Growth in Smart Facility Management
Visionstate Announces U.S. Pilot Project and Expands Customer Portfolio Across Key Sectors
Visionstate Provides Corporate Update: AI Demonstrations, Bill 190 Progress, and New Product Launches
Visionstate Portfolio Company Sol Spaces Accelerates Growth with Climate-Resilient Greenhouse Technology and Expands into Housing Opportunities
Visionstate Accelerates Growth with Surge in WandaLITE Subscriptions Driven by Bill 190 Compliance
Visionstate Corp. Corporate Update: Advancing Sales, Technology, and ESG Investments
Visionstate Onboards New Campus Client and Expands to Park Avenue, NYC
Visionstate Corp. Announces First WandaLITE Deployment Outside Ontario Amid Growing Demand