DEVS
DevvStream Corp.1.6300
-0.0600-3.55%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
6.26MP/E (TTM)
-Basic EPS (TTM)
-4.79Dividend Yield
0%Recent Filings
10-Q
Q1 FY2026 results
DevvStream eked out $1,100 revenue for Q1 FY2026 ended October 31, 2025—first topline ever, yet still posted a $521K net loss, sharply better than $4.1M last year thanks to $2.3M warrant liability gains offsetting crypto revaluation losses. Operating expenses swung to a $1.8M credit (derived) from negative salaries and pro fees reversals, while cash drained $3M on ops and $5.1M into restricted crypto buys secured against $13.2M convertibles. Cash sits at $819K with $15.3M current liabilities; ELOC drew $568K net. Shareholders' deficiency narrowed to $19.3M. Nasdaq deficiency looms over merger path.
8-K
LCDA greenlights $402M bonds
DevvStream announced LCDA approval for up to $402 million revenue bonds backing Southern Energy Renewables' Louisiana biomass-to-fuel facility, producing green methanol and carbon-negative SAF. This milestone advances project finance ahead of their pending business combination. Bonds remain subject to volume cap and Governor's order. No committed funding yet.
8-K
Merger with Southern, $2M PIPE
DevvStream signed a merger agreement on December 3, 2025, with Southern Energy Renewables, involving domestication to Delaware and a PIPE raising ~$2M at $15.58/share from Southern's investor. Southern shareholders gain 70% ownership post-close, subject to approvals and conditions like $10M assets. Deal faces termination risks including a 3.1% fee.
8-K
Nasdaq compliance notice issued
DevvStream Corp. received a Nasdaq notice on November 18, 2025, for failing the minimum net income requirement under Listing Rule 5550(b)(3), plus lacking alternatives in market value or equity. It must submit a compliance plan by January 2, 2026, potentially earning a 180-day extension. Trading continues uninterrupted under DEVS. No guarantees on plan acceptance.
10-K
FY2025 results
DevvStream posted FY2025 ended July 31, 2025 operating losses of $12.1M, up from $9.9M prior year, with Q4 net loss exploding to $7.0M versus $3.0M—driven by $3.9M warrant liability remeasurement and $1.6M professional fees amid Nasdaq listing costs. Revenue trickled in at $26K annually, $16K in Q4 from initial carbon credits, but impairments hit $1.2M yearly including stalled vendor deliveries. Q4 saw $9.1M crypto note inflow fueling Bitcoin/Solana buys, yet working capital deficit yawned to $14.4M. No quarterly breakdowns disclosed. Carbon deals stalled.
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