INDVR Brands

CAAOF

Drug Manufacturers - Specialty & Generic · Healthcare

Exchange

Other OTC

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Oct 31, 2021

How the score breaks down

Quality

Mixed

Growth

Mixed

Cash Flow

Weak

Stability

Good

Valuation

Data not available

Track this stock — start free trial

Winston Score History

The full picture

INDVR Brands Inc. is a small Canadian cannabis and wellness company that develops branded consumer products. Its focus is on cannabis-derived and hemp-based goods, including items aimed at everyday consumers looking for health and wellness alternatives. The company operates in the specialty pharmaceutical and consumer wellness space, competing alongside both licensed cannabis producers and over-the-counter wellness brands.

INDVR generates revenue primarily through product sales, though its 95% gross margin suggests a largely asset-light or licensing-oriented model. The company is very small, with a market cap that rounds to essentially zero, and it operates mainly in Canada with limited geographic reach. Its deeply negative operating margin signals that expenses far exceed revenue at this stage, meaning the central risk is whether the company can scale sales fast enough to reach profitability before it runs out of cash.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

YoY Growth Rate

Revenue data limited

EPS Growth

YoY Growth Rate

EPS data limited

Insider Activity

66.3%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~16 months

$3M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Adequate runway but may need to raise capital within 2 years

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

98.6%

Premium pricing power — 98.6% gross margin

Profit after running costs

Operating Margin

-130.8%

Losing money on operations — -130.8%

Return on the money invested

ROCE

-39.5%

Weak — -39.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

N/A

Data not available

Profit growth

EPS YoY

N/A

—

Data not available

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

—

Data not available

Spare cash per sale

FCF Margin

-32.9%

Burning cash (-32.9%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.10

Conservative — low debt load (0.10)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial