HYFT revenueFY2026C$15.56M
- FY YoY
- +46.4%
- 5Y CAGR
- -2.8%
HYFT revenue was C$15.56M for fiscal 2026 (ended Apr 30, 2026), up 46.4% from fiscal 2025. Compound annual growth was -2.8% over 5 years. It rose in 5 of the last 6 fiscal years.
MindWalk Holdings Corp. (HYFT) financials
For fiscal 2026 (ended Apr 30, 2026), MindWalk Holdings Corp. reported C$15.56M of revenue and -C$13.95M of net income. Figures are in CAD, the currency of its SEC filings.
- Revenue, FY2026
- C$15.56M
- Revenue growth, YoY
- +46.4%
- Net income, FY2026
- -C$13.95M
- Net margin
- -89.7%
- Free cash flow, FY2026
- -C$12.86M
- EPS, diluted, FY2026
- -C$0.33
- Cash
- C$11.47M
FY2020FY2026
FY2020FY2026
FY2020FY2026
HYFT revenue and earnings growth
HYFT net incomeFY2026-C$13.95M
HYFT net income was -C$13.95M for fiscal 2026 (ended Apr 30, 2026), compared with -C$30.23M in fiscal 2025.
HYFT EPSFY2026-C$0.33
HYFT diluted EPS was -C$0.33 for fiscal 2026 (ended Apr 30, 2026), compared with -C$0.99 in fiscal 2025.
HYFT free cash flowFY2026-C$12.86M
HYFT free cash flow was -C$12.86M for fiscal 2026 (ended Apr 30, 2026), compared with -C$7.21M in fiscal 2025.
Income statement
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | C$15.56M | C$10.63M | C$10.28M | C$20.66M | C$19.36M | C$17.91M | C$14.06M |
| Cost of revenue | C$6.41M | C$4.89M | C$6.19M | C$9.10M | C$8.38M | C$6.37M | C$6.02M |
| Gross profit | C$9.15M | C$5.73M | C$4.09M | C$11.56M | C$10.98M | C$11.54M | C$8.03M |
| Research and development | C$4.93M | C$4.21M | C$3.74M | C$14.10M | C$7.66M | C$1.97M | C$446.0K |
| Selling, general and admin | C$13.21M | C$12.08M | C$12.63M | C$15.38M | C$15.38M | C$1.44M | C$872.0K |
| Interest expense | C$460.0K | C$199.0K | C$402.0K | C$746.0K | C$979.0K | C$804.0K | C$152.0K |
| Pre-tax income | -C$15.55M | -C$37.63M | -C$32.16M | -C$27.75M | -C$15.85M | -C$6.00M | -C$5.29M |
| Income tax | -C$450.0K | -C$4.48M | -C$2.86M | -C$1.19M | C$861.0K | C$1.34M | -C$346.0K |
| Net income | -C$13.95M | -C$30.23M | -C$26.11M | -C$26.56M | -C$16.71M | -C$7.34M | -C$4.95M |
| EPS, basic | -C$0.33 | -C$0.99 | -C$1.14 | -C$1.07 | -C$0.85 | - | - |
| EPS, diluted | -C$0.33 | -C$0.99 | -C$1.14 | -C$1.07 | -C$0.85 | - | - |
| Diluted shares | 46.4M | 33.4M | 25.6M | 24.9M | 19.7M | 16.5M | 13.6M |
Balance sheet
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | C$11.47M | C$10.79M | C$3.54M | C$8.37M | C$30.05M | C$41.84M | C$2.69M |
| Inventory | C$492.0K | C$2.10M | C$2.14M | C$2.06M | C$1.61M | C$1.20M | C$819.0K |
| Current assets | C$16.22M | C$18.75M | C$11.49M | C$16.79M | C$37.47M | C$48.86M | C$7.70M |
| Goodwill | C$0 | C$8.23M | C$7.69M | C$19.17M | C$19.64M | C$7.78M | C$7.91M |
| Total assets | C$21.38M | C$44.44M | C$59.99M | C$77.81M | C$93.65M | C$66.96M | C$27.26M |
| Current liabilities | C$5.79M | C$9.01M | C$8.12M | C$5.92M | C$9.29M | C$6.07M | C$7.93M |
| Total debt | - | - | - | - | - | - | C$312.0K |
| Total liabilities | C$9.63M | C$20.82M | C$24.31M | C$20.01M | C$18.36M | C$10.04M | C$12.18M |
| Shareholders' equity | C$11.75M | C$23.63M | C$35.68M | C$58.51M | C$75.28M | C$56.92M | C$15.09M |
Cash flow
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -C$12.46M | -C$6.41M | -C$3.18M | -C$19.83M | -C$9.92M | -C$600.0K | -C$1.39M |
| Capital expenditures | C$398.0K | C$799.0K | C$1.40M | C$1.50M | C$1.07M | C$1.38M | C$374.0K |
| Free cash flow | -C$12.86M | -C$7.21M | -C$4.58M | -C$21.33M | -C$10.99M | -C$1.98M | -C$1.76M |
| Investing cash flow | C$13.54M | -C$799.0K | -C$1.56M | -C$1.97M | -C$5.21M | -C$2.46M | -C$1.58M |
| Financing cash flow | C$115.0K | C$14.89M | C$1.02M | -C$621.0K | C$2.88M | C$43.38M | C$174.0K |
| Stock-based compensation | C$1.27M | C$445.0K | C$1.53M | C$1.94M | C$3.08M | C$2.75M | C$739.0K |
| Depreciation and amortization | C$1.60M | C$5.12M | C$5.74M | C$6.68M | C$3.77M | C$3.71M | C$3.41M |
Key ratios
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 46.4% | 3.4% | -50.3% | 6.7% | 8.1% | 27.4% | - |
| Gross margin | 58.8% | 53.9% | 39.8% | 56.0% | 56.7% | 64.4% | 57.1% |
| Net margin | -89.7% | -284.5% | -254.1% | -128.5% | -86.3% | -41.0% | -35.2% |
| Free cash flow margin | -82.7% | -67.8% | -44.6% | -103.2% | -56.7% | -11.0% | -12.6% |
| Return on equity | -118.7% | -128.0% | -73.2% | -45.4% | -22.2% | -12.9% | -32.8% |
| Return on assets | -65.3% | -68.0% | -43.5% | -34.1% | -17.8% | -11.0% | -18.1% |
| Current ratio | 2.80 | 2.08 | 1.41 | 2.84 | 4.03 | 8.05 | 0.97 |
| Debt to equity | - | - | - | - | - | - | 0.02 |
Source: XBRL data MindWalk Holdings Corp. files with the SEC, latest filing dated Jul 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
HYFT peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HYFT | C$15.56M | +46.4% | -C$13.95M | -89.7% | $49.0M |
| LLY | $86.46B | +45.5% | $27.58B | 31.9% | $1.35T |
| JNJ | $99.33B | +7.8% | $16.09B | 16.2% | $675.92B |
| ABBV | $66.01B | +10.7% | $10.34B | 15.7% | $519.48B |
| MRK | $67.38B | +4.9% | $2.45B | 3.6% | $364.98B |
| NVS | $54.53B | +8.4% | $13.98B | 25.6% | $311.52B |
| AZN | $58.74B | +8.6% | $10.22B | 17.4% | $289.61B |
| ABT | $48.23B | +10.0% | $4.70B | 9.7% | $191.31B |
| NVO | DKK 309.06B | +6.4% | DKK 102.43B | 33.1% | $180.22B |
HYFT FAQ
9 questionsWhat is HYFT revenue?
MindWalk Holdings Corp. (HYFT) reported C$15.56M of revenue for fiscal 2026 (ended Apr 30, 2026). That is up 46.4% from the year before.Is HYFT profitable?
No. MindWalk Holdings Corp. reported a net loss of C$13.95M for fiscal 2026 (ended Apr 30, 2026).How much cash and debt does HYFT have?
MindWalk Holdings Corp. reported C$11.47M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is HYFT revenue growing?
MindWalk Holdings Corp.'s revenue changed +46.4% in fiscal 2026, to C$15.56M. Its compound annual growth rate was -2.8% over 5 years.What is HYFT gross margin?
MindWalk Holdings Corp.'s gross profit was C$9.15M on C$15.56M of revenue for fiscal 2026 (ended Apr 30, 2026), a gross margin of 58.8%.What is HYFT free cash flow?
MindWalk Holdings Corp. generated -C$12.86M of free cash flow for fiscal 2026 (ended Apr 30, 2026), which is operating cash flow of -C$12.46M less capital expenditures.What is HYFT earnings per share?
Diluted earnings per share were -C$0.33 for fiscal 2026 (ended Apr 30, 2026), from SEC filings, restated for any stock split those filings show.When did HYFT last report financial results?
The latest statements here come from MindWalk Holdings Corp.'s 20-F filed on Jul 23, 2026, covering the period ended Apr 30, 2026.Where does this HYFT financial data come from?
Quantisnow builds these statements from the structured XBRL data MindWalk Holdings Corp. files with the SEC. It is provided for information only and is not investment advice.