Emerge Commerce Ltd

Emerge Commerce Ltd

0.07
CAD
+0.01
(+7.69%)
0.00EPS
13.45MMarket Cap
Dec 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.05
0.15
0.37
0.31
0.18
0.15
0.19
0.18
Basic EPS, GAAP
-0.02
-0.07
-0.07
-0.17
-0.2
- -
- -
- -
Free Cash Flow per Basic Share
0.04
- -
-0.32
0.01
0.02
- -
0.02
0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.06
0.2
0.26
0.1
-0.08
-0.06
-0.05
-0.03
Tangible Book Value per Share
-0.15
-0.11
-0.35
-0.32
-0.22
-0.08
-0.07
-0.05
Basic Weighted Avg Shares
81
63
95
104
109
132
145
158
Sales/Revenue/Turnover
4
9
35
32
20
19
28
29
Operating Margin (%)
-36.31
-27.41
-12.45
-12.47
-22.67
-4.65
1.08
2.53
Depreciation Expense
- -
2
4
7
5
- -
- -
- -
Net Income, GAAP
-1
-4
-7
-17
-21
-1
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-33.68
-48.13
-18.84
-54.84
-108.55
-2.61
1.01
-0.86
Working Capital
-10
-6
-27
-28
-22
-10
-8
-2
LT Debt
- -
- -
- -
2
2
1
- -
6
Total Equity
5
18
27
10
-10
-9
-8
-5
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-38.79
-29.11
-93.66
- -
- -
- -
- -

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
2
1
LT Borrowings
- -
5
5
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
176
179
Market Capitalization
20
17
13

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8
9
9
Cash, Cash Equivalents & STI
4
4
5
Accounts Receivable, Net
- -
- -
- -
Inventories
3
3
3
Total Current Liabilities
16
11
11
Payables & Accruals
8
8
8
ST Debt
7
2
1
Deferred Revenue
1
1
1

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-46.37%
-10.71%
Free Cash Flow
- -
2,800.01%
2,081.41%
Net Income, GAAP
- -
-3.48%
-155.13%
Sales/Revenue/Turnover
- -
54.6%
43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
5
4
6
19
2025
5
8
7
7
28
2026
6
9
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

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

Company Description

CEO
Ghassan Halazon
Full Time Employees
37
Sector
Retail trade
Industry
Internet retail
Address
183 Bathurst Street Toronto ON Canada M5T 2R7
IPO Date
Mar 13, 2018
Business
Emerge Commerce Ltd. (TSXV: ECOM; OTC: EMCMF) acquires and operates a portfolio of niche subscription and marketplace e-commerce brands serving consumers in Canada and the United States. The company provides premium meat and seafood through its truLOCAL brand, discounted golf tee times and experiences via UnderPar, golf products and apparel under JustGolfStuff, and golf equipment and accessories through recently acquired Tee 2 Green; its network targets health-conscious grocery shoppers and golf enthusiasts with over 400,000 subscribers across these verticals. Founded in 2015 by Ghassan Halazon and headquartered at 355 Adelaide Street West in Toronto, Ontario, Emerge Commerce Ltd. focuses on scaling acquired assets in the internet retail sector. In April 2025, the company completed the acquisition of Tee 2 Green Ltd., expanding its golf portfolio with synergies including cross-selling to existing members, enhanced digital marketing, and shared operational efficiencies, funded partly by prior asset sales such as Carnivore Club and SHOP domains to Shopify earlier that year. This move builds on organic growth in truLOCAL's corporate gifting and golf recovery post-pandemic, positioning the firm for positive cash flow and accretive mergers amid a streamlined four-brand strategy in grocery and golf.

Company News

  • EMERGE Commerce to Present at the Annual Smallcap Discoveries Conference in Vancouver

  • Bourse de Toronto, Emerge Commerce Ltd., Perspective de la haute direction