$ENA
📈 Company: Enablence Technologies Inc. (TSX Venture: ENA.V)
Stock Performance & Key Figures
Price: Approximately C$1.10, down ~9.8% today, trading near 52-week low (~C$0.88)
52‑Week Range: C$0.88 – C$2.70
Market Cap: ~C$23 million; shares outstanding: ~20.96 million shares
Financials (FY 2024): Revenue ~C$1.60 M, net income: –C$14.11 M, gross profit: –C$2.33 M; total debt: C$23.1 M, assets: C$4.13 M
Technical sentiment: Technical analysis shows current trending toward neutral or bearish
📰 Recent Developments
A significant C$51 million recapitalization was secured several months ago aimed at supporting strategic growth initiatives
The most recent earnings report (May 29, 2025) revealed a substantial loss per share (–C$0.328), exceeding analyst expectations and contributing to downward pressure on the stock price
🔍 Overview & Outlook
Enablence operates in the semiconductor/optical component space, focusing on planar lightwave circuits for datacom, AI, LiDAR, biomedical, and related markets. Despite the recapitalization, the business continues to report financial losses and elevated debt levels. Investor sentiment appears cautious, with poor earnings, low stock momentum, and weak technical indicators.
✅ Summary Table
Metric Value
Price (C$) ~1.10 (down ~9.8% today)
52‑week range 0.88 – 2.70
Market cap ~C$23 M
Latest EPS (TTM) –C$0.33
Debt level High (~C$23 M)
Recent financing C$51 M recapitalization
Financial health Continued net losses
Sentiment Bearish / cautious
🤔 Watch‑outs & Insights
Continual cash burn and operating losses remain a concern; the company needs significant turnaround momentum.
The recapitalization provides some liquidity buffer, but without strong revenues, sustainability is uncertain.
Technical indicators suggest limited upward momentum—trading signals overall remain weak.