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VerticalScope Holdings (FORA) Fair Value & Analysis

Communication Services · CA · Market cap C$61.1M

VH VerticalScope Holdings FORA · TO
PriceC$2.67
Fair ValueC$9.04
Upside+238.6%
Quality95/100
Evidence: Medium Range C$6.39 – C$11.69

Fair value as of: Jun 25, 2026

From 11 valuation models · updated 4 days ago

Share price −10.0% over the past month.

Price vs Fair Value (12 months)

C$4.57 C$2.56 Fair Value C$9.04 Jun 2025 Jun 2026

12‑month range C$2.56 – C$4.57 · fair‑value band C$6.39 – C$11.69 · the C$2.67 price screens below the C$9.04 fair value. As of Jun 25, 2026.

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Analysis

VerticalScope Holdings (FORA) currently trades at C$2.67, while our model-based Fair Value estimate is C$9.04 — implying the stock looks roughly 238.6% undervalued today. We read business quality at 95/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, VerticalScope Holdings generated revenue of C$56.1M at a net margin of -15.5%. Revenue declined 14.8% year over year. It earns a return on equity of -11.3%. Net debt stands at C$29.0M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) C$56.1M
Revenue growth (YoY) -14.8%
Net margin -15.5%
Return on equity -11.3%
Free cash flow C$17.5M FY2025
Operating margin -30.7%
More key figures
EPS (TTM) C$-0.5600
EPS growth (YoY) +1,330%
Net debt C$29.0M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

VerticalScope Holdings Inc., a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, Australia, and internationally. The company offers digital advertising services comprising direct advertising campaigns; programmatic advertising, such as monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos. It also provides e-commerce solutions that monetize content through arrangements in respect of commissions and referral payments with e-commerce merchants, brands, and marketplaces. The company focuses on hyper-specific subjects that engender strong affinity from online communities of super fans, experts, pros, hobbyists, and armchair analysts. Its brands include communities for wat…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

VerticalScope Holdings reported revenue of C$59.2M in FY2025 versus C$65.8M in FY2021, a compound −2.6%/yr. Reported net income was −C$8.2M in FY2025.

Revenue −2.6%/yr
FY21 C$65.8M
FY22 C$80.5M
FY23 C$60.9M
FY24 C$69.1M
FY25 C$59.2M
Net income
FY21 −C$12.3M
FY22 −C$24.8M
FY23 −C$5.0M
FY24 −C$15.9K
FY25 −C$8.2M

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Frequently asked questions

Is VerticalScope Holdings (FORA) undervalued?
As of Jun 25, 2026, our model estimates a fair value of C$9.04 versus a price of C$2.67 — about +239% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FORA?
Our 21-model fair value for VerticalScope Holdings is C$9.04 (as of Jun 25, 2026), built from audited fundamentals. The current price is C$2.67.
What is the quality score of FORA?
VerticalScope Holdings has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of VerticalScope Holdings (FORA)?
VerticalScope Holdings reported trailing-twelve-month revenue of about C$56.1M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of FORA?
The net profit margin of VerticalScope Holdings is about -15.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.