This stock no longer trades (delisted June 1, 2026)

Delisted / no longer publicly traded (per market data provider) Everything below is based on the last available data — treat it as historical, not a live read.

WonderFi Technologies

WNDR.TO

Software - Application · Technology

Exchange

Toronto Stock Exchange

Winston Score

Historical score — this stock no longer trades, so the score is frozen at the last available data.

Data as of Aug 23, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Mixed

Growth

Weak

Cash Flow

Weak

Stability

Good

Valuation

Data not available

Winston Score History

The full picture

WonderFi Technologies is a Canadian company that runs regulated cryptocurrency trading platforms. It owns several crypto exchanges, including Bitbuy and Coinsquare, where everyday Canadians can buy, sell, and hold digital assets like Bitcoin and Ethereum. WonderFi is one of the largest regulated crypto trading businesses in Canada.

The company makes money mainly by charging fees on each trade its customers make, plus some account and service fees. It operates almost entirely in Canada, where it benefits from having proper regulatory licenses that are difficult for new competitors to obtain. However, WonderFi is currently losing money — its operating margin is deeply negative — and its main risk is that trading volumes on its platforms depend heavily on whether crypto markets are active, meaning revenue can drop sharply during quiet or bearish market periods.

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

-57.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+56.5% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

6.8%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~5 years

C$27M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

C$27M cash & investments at current burn rate

Revenue declining

WonderFi Technologies's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

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

72.5%

Premium pricing power — 72.5% gross margin

Profit after running costs

Operating Margin

-82.7%

Losing money on operations — -82.7%

Return on the money invested

ROCE

-49.5%

Weak — -49.5% 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

-33.1%

Shrinking sales (-33.1% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

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

-33.7%

Burning cash (-33.7%)

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

0.01

Conservative — low debt load (0.01)

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