An independent research desk covering underfollowed Canadian small- and mid-cap equities on the TSX and TSX-V.
The Venture Analyst is an independent equity research desk specializing in underfollowed Canadian small- and mid-cap companies on the TSX and TSX-V. Every engagement is built from primary filings — SEDAR+ and SEC source documents — with detailed financial modeling and an explicit, timestamped investment thesis on every covered name.
The desk operates on a single standard: start with the filings, build the model, construct the thesis, and require a credible bear case before anything is published. If the downside cannot be articulated honestly, the thesis isn't well enough understood. That standard is non-negotiable — and it's what makes the research credible to the sophisticated readers who matter.
Beyond public research coverage, the desk produces bespoke financial modeling and commissioned analytical work for funds and family offices — DCF builds, comparable company analysis, NAV and FCF frameworks — across financials, healthcare, industrials, and energy. The track record across 23+ covered names is public, timestamped, and verifiable.
All analysis starts from SEDAR+ and SEC filings — not IR decks, not management presentations.
DCF, EV/EBITDA, NAV, FCF — whichever frameworks fit the specific business and capital structure.
Every report states a price target and exit criteria before the stock moves. No vague bullishness.
A credible bear case is required before any thesis is published. The risk section is never an afterthought.
Research and financial modeling produced across the following sectors within the Canadian small- and mid-cap universe.