For Public Issuers · TSX & TSX-V

Research Coverage
for Companies

If you're an underfollowed public company, your biggest problem isn't your business — it's that the right investors don't know your story. Credible, independent research is the most effective way to change that.

What This Is

A Research Document. Not an IR Service.

This is not investor relations. It's not a distribution or marketing service. What you get is a professionally produced, independent research document — the kind a sell-side analyst would write — that you can use however you see fit.

Send it to your existing shareholders. Include it in your IR package. Give it to your IR firm to distribute. Provide it to funds or allocators who are looking at the name. The document is yours to use.

IR firms can commission reports directly — as a credible, third-party research deliverable for their clients. A well-constructed independent report does something an IR pitch deck cannot: it holds up to scrutiny from professional investors who know what real research looks like.

The Independence Commitment

All sponsored coverage is clearly and prominently disclosed in every publication. A paid engagement never purchases a conclusion, a price target direction, or positive coverage. If the analysis doesn't support a coherent thesis, the report doesn't get written. That's the standard — and it's what makes the document worth anything to the people reading it.

What You Get

  • An institutional-format research report you own and can use
  • Independent analysis — credible to sophisticated readers
  • Full financial model and valuation work
  • A document IR firms can distribute to their clients
  • Also published across Substack, LinkedIn, email list, CEO.ca, and StockHouse
Research Packages

What's Available

Four service tiers. All sponsored work is disclosed. Pricing discussed per engagement — contact to start a conversation.

Entry Tier
Stock Profile

A concise, readable snapshot — what your company does, key financials, investment highlights, and the current setup. Designed for investors who need fast orientation on a name they haven't followed.

  • Business overview and what the company actually does
  • Key financial metrics and balance sheet snapshot
  • Investment highlights and market opportunity
  • The current setup — what makes now the right time
  • Distributed across all channels
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Standalone Service
Valuation & Model Layer

The financial modeling work, delivered as a standalone deliverable. Full model builds with transparent assumptions — useful as a standalone engagement or as a complement to an initiation report for IR and management teams.

  • DCF with explicit assumptions and scenario analysis
  • Comparable company analysis (EV/EBITDA, P/E, EV/Revenue)
  • NAV or FCF framework as appropriate to the business
  • Sensitivity tables and key-driver analysis
  • Full model file delivered — assumptions documented
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Annual Package
Ongoing Coverage

Continuous coverage through the year — your story stays in front of investors as it develops, not just at initiation. Terms are discussed per engagement; most often structured as an annual arrangement.

  • Quarterly update notes — tracking thesis catalysts and risks
  • Full earnings reviews each reporting period
  • Price target revisions as the model warrants
  • Ongoing distribution to the full investor audience
  • Terms structured per engagement
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Packages can be combined. Initiation Report + Ongoing Coverage is the most common engagement structure. All pricing discussed directly — contact to start a conversation.

Process

What to Expect

01 · Conversation

We discuss your company, the story, what's been overlooked, and which package fits the situation. No obligation on either side.

02 · Diligence

Primary-source research from the filings. Independent from the start — no pre-agreed conclusions, no managed narrative.

03 · Analysis & Modeling

Financial modeling, multi-model valuation, thesis construction, bear case. If the numbers don't support the thesis, that's what gets written.

04 · Publication

Published with full sponsorship disclosure. Distributed across the subscriber base, LinkedIn, CEO.ca, StockHouse, and Substack.