An independent research desk covering underfollowed Canadian small- and mid-cap equities on the TSX and TSX-V.
The Venture Analyst is an independent research desk covering underfollowed Canadian small- and mid-cap equities on the TSX and TSX-V. The work is built from primary filings — SEDAR+ and SEC source documents — with detailed financial modeling and an explicit investment thesis on every covered name.
The methodology is straightforward: start with the filings, build the model, construct the thesis, and require a credible bear case before anything gets published. If the downside can't be articulated honestly, the thesis isn't well enough understood. That standard is non-negotiable and is what makes the research worth reading.
Beyond research coverage, the desk produces bespoke financial modeling and 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.