Last Week's Winners - June 1–7
💻 TECHNOLOGY & SAAS
$DSG.TO — Descartes Systems Group
Record revenue $193.6M, 15% YoY. Net income margin rose to 25% from 21% as operating income grew 35%. Acquired Idelic for ~$25.3M and bought back 305k shares (~$20.8M) under the NCIB, all from a debt-free balance sheet.
$DBO.TO — D-BOX Technologies
Record FY revenue $57.6M, 35% YoY, with Q4 up 70%. Adjusted EBITDA $15.5M, 112%. High-margin royalties $14.5M, 32%, and the balance sheet moved to a net cash position of ~$17.3M.
$HIVE.V — HIVE Digital Technologies
FY revenue $297.8M, 158% YoY. Gross operating margin expanded to 36% from 22% and operating cash flow reached $62.3M, 3.5x the prior year. The $148.4M net loss is ~$221M non-cash (depreciation plus fair-value marks).
$CYBT.CN — Cybeats Technologies
Revenue $763,679, 12% YoY, with cash operating expenses down ~15%. The wider $2.40M net loss is mostly a $1.57M non-cash option-expense charge; consolidated headlines were softer.
⛏️ MINING & METALS
$MMY.V — Monument Mining
Revenue $47.0M, 137% YoY. Gross margin $32.5M, 160%, and net income $22.6M vs $4.9M. Paid its first-ever special dividend in January, with cash and term deposits at $101.8M.
$MJS.V — Majestic Gold
Revenue US$23.6M, 20.9% YoY. Gross profit US$15.9M, 53.9%, and net income to shareholders US$2.95M, 13.8%. Cash of US$171.6M against a small market cap.
💰 FINANCIALS
$CF.TO — Canaccord Genuity Group
Record FY revenue $2.24B, 26.5% YoY, with adjusted diluted EPS $1.26, 106.6%, and record wealth client assets $147.8B, 22.8%. Quarterly dividend raised 17.6% to $0.10. Note: the headline IFRS net loss of $(78.9)M is a goodwill writedown plus a US regulatory settlement, both non-operating.
$VBNK.TO — VersaBank
Record revenue $38.3M, 27% YoY, and record total assets $6.44B, 28%. Adjusted net income $12.4M, 45%, and a $0.025/share dividend declared. Reported net income of $7.5M was held down by $6.7M of one-time reorganization and write-down costs.
🔬 HEALTHCARE
$NURS.V — Hydreight Technologies
Revenue $24.9M, 449% YoY, on the pharmacy ramp. Operating income $2.9M and net income $2.6M (EPS $0.05) — profitable at this stage.
$PCRX.V — PharmaCorp Rx
Revenue $7.2M, 79.4% YoY, on acquired stores plus 7.3% same-store sales. Gross profit $2.8M, 71.9% at a 38.8% margin, with $23.4M cash on hand.
⚡ CLEAN ENERGY & CLEANTECH
$COO.V — Ostrom Climate Solutions
Revenue $1.74M, 175% YoY, with gross margin at 86% from 51%. Operating income $737K and net income $693K, both swung from year-ago losses.
$YES.V — CHAR Technologies
Gross margin expanded to ~49% from ~37% and the company completed its acquisition of Elkem's biocarbon assets in Saguenay. Note: revenue was roughly flat at $0.70M and the net loss stayed wide at $(1.36)M.
$RE.V — RE Royalties
Royalty revenue grew 30% YoY to $234,739 and operating cash flow turned positive at $395,179 (from -$245,653). Note: total revenue and income fell to $922K on lumpy finance income and the net loss was $(1.40)M to shareholders.
🏭 INDUSTRIALS
$TCL-A.TO — TC Transcontinental
Closed the sale of its packaging business on March 6 ($221.9M discontinued-ops gain), returned $20.00/share via special distribution, and cut net debt to $436M (2.14x) from $740M (3.49x). Continuing-ops revenue of $269.2M slipped 5% YoY; adjusted net earnings were $0.19/share.
$ARGH.V — Argo Corporation
Revenue $2.9M, ~474% YoY (from $0.5M) as municipal transit contracts ramped, and the operating loss narrowed to $(1.2)M from $(3.1)M. Headline net income is flattered by one-off non-cash items.
$PTE.V — Pioneering Technology
Revenue $565K, 39% YoY, while operating expenses fell 26%. Net loss narrowed to $(105K) from $(261K) and the adjusted EBITDA loss roughly halved. Gross margin slipped to 47% from 58%.
🛒 CONSUMER
$PESO.V — PesoRama
Sales $26.7M, 14% YoY, with 5.2% same-store sales and product gross margin up 1.2 points to 45.6%. Note: the net loss widened to $(13.5)M, driven by ~$6.3M of financing costs and new-store investment.
📡 COMMUNICATIONS
$SQG.V — Spackman Equities Group
Revenue $3.12M, 123% YoY. Operating income flipped positive at $384.4K and net income was $289.5K, swung from a $(1.08M) loss, with operating cash flow of $355.2K.
The takeaway: the print of the week is Monument Mining ($MMY.V) — revenue 137% to $47.0M, net income $22.6M, and a maiden special dividend. Two triple winners hit revenue growth, margin expansion, and a capital action in the same quarter:
$MMY.V and
$DSG.TO. Record gold prices carried both gold names, while the largest top-line prints came from
$NURS.V and
$VST.CN at 449%.
Full breakdowns:
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