Next Phase Ventures Ltd.

Next Phase Ventures Ltd.

NPV.V
Next Phase Ventures Ltd.CA flagToronto Stock Exchange Ventures
0.01
CAD
- -
- -
559,895.00Market Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
- -
- -
- -
Basic EPS, GAAP
-0.04
-0.09
-0.05
-0.04
Free Cash Flow per Basic Share
-0.03
-0.04
-0.01
-0.01
Dividend per Share
- -
- -
- -
- -
Book Value per Share
0.02
0.03
-0.02
-0.01
Tangible Book Value per Share
0.02
0.03
-0.02
-0.01
Basic Weighted Avg Shares
45
71
95
98
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
-399.97
-4,136.11
-34,423.22
-117.16
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
-2
-6
-5
-4
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-422.56
-54,824.93
-143,301.64
1,969.28
Working Capital
- -
1
-2
-1
LT Debt
2
1
- -
- -
Total Equity
2
3
-2
-1
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-277.34
Return on Common Equity (%)
- -
-261.9
- -
-186.65

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
112
112
Market Capitalization
2
2
2

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
1
1
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
- -
- -
-148.03%
Free Cash Flow
- -
- -
-59.35%
Net Income, GAAP
- -
- -
-25.37%
Sales/Revenue/Turnover
- -
- -
-71.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.01
- -
-0.09
2025
- -
-0.01
-0.01
- -
-0.05
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

CEO
Darren Bondar
Sector
Financial Services
Industry
Financial - Conglomerates
Address
1560 Hastings Crescent SE Calgary AB Canada T2G 4E1
IPO Date
Mar 22, 2024
Business
Next Phase Ventures Ltd. is a Canadian TSX Venture Exchange-listed company focused on evaluating, developing, and operating businesses across emerging and evolving markets, with a current emphasis on providing a public-company platform for strategic transactions, including reverse takeovers, recapitalizations, mergers, business combinations, and asset acquisitions. The company was founded in 2021 and is headquartered in Calgary, Alberta, Canada. Its operations are centered on a transaction-ready listed vehicle with existing public-market infrastructure, reporting systems, governance oversight, and shareholder capital structure, and it is available for immediate engagement with qualified counterparties, investment bankers, and advisors. Historically, the company operated as Hempalta Corp. and has since completed a corporate reset that included a name change to Next Phase Ventures Ltd. in May 2026, a governance refresh, debt rationalization initiatives, and the wind-down of legacy operating activities. The company reported a strategic repositioning during 2026, including a debt conversion and financing initiative, adoption of semi-annual financial reporting, and a new corporate website launched to reflect its evolving strategic direction. In September 2026, the company and its wholly owned subsidiary Hempalta Processing Inc. announced an FCC settlement framework and related-party funding update, adding to recent balance-sheet and restructuring activity. As a former agricultural cleantech business, Next Phase Ventures previously produced and processed industrial hemp in North America using its HempTrain process, and its product set included Biochar+ soil enhancement products; Hemp-Fresco food-preservation products; HempyCat cat litter and animal bedding products; Hemp Garden Mulch for soil enrichment; HempZorb for natural spill clean-up; eco-building materials such as hurd for hempcrete; and commercial hemp outputs including bast fiber, hurd, and green microfiber. The company also participated in the hemp carbon credit market and had operated under the Hempalta brand before its strategic shift. The company now presents itself as a flexible public-market platform for growth-stage, international, acquisition-oriented, and private companies seeking access to Canadian capital markets.