Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

DevvStream Corp. Common Stock

DEVSNASDAQ
Wall Street ScoreUnder review
$0.15USD+$0.03 (+25.41%)

The research page contains a warning that has not been mapped to a supported model interpretation. The company research remains available, but the complete score is withheld until the warning is reviewed.

Severe listing-compliance risk

The share price is below $1 and the stored reverse-split/listing-risk level is CRITICAL. No verified reverse-split authorization or announced reverse split is currently recorded. This is a risk signal, not confirmation that Nasdaq has issued a deficiency notice.

Company website devvstream.com
Headquarters2133-1177 West Hastings Street, Vancouver, BC, V6E 2K3, CA
Financial statement currencyUSD · no FX conversion applied
Industrials · Industrial - Pollution & Treatment Controls
Price updated todayFinancials updated Oct 23, 2026

DEVS · Price history

Company & revenue

About DevvStream Corp. Common Stock

Primary reporting period: 2025-07-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.

Who they are

DevvStream Corp. focuses on the creation of carbon credits throughout Canada and the United States. The company allocates capital to ventures and enterprises operating within carbon credit markets, simultaneously offering comprehensive project management services. It leverages a blockchain-powered platform to both originate and oversee these carbon credits.

How they make money

DevvStream operates as a carbon management firm that generates revenue through the development, investment, and sale of environmental assets. The company acts as a project manager for activities like EV charging or renewable energy generation, earning a percentage of generated carbon credits or I-RECs, and maintains an offset portfolio for sale to corporations and governments.

Products & services

Carbon management solutions, including nature-based, tech-based, and carbon sequestration credits, project development for renewable energy and EV charging, and environmental asset brokerage.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Unnamed technology and project development partners — Various entities providing project-level infrastructure for carbon credit generation.Source

Business relationships & partnerships

  • Monroe Sequestration Partners — A joint venture in which DevvStream holds a 50% common-interest stake, focused on carbon storage and clean fuel sector projects.Source

Strengths

  • Publicly traded pure play in carbon and renewable-energy asset monetizationSource

Risks

  • Operating losses and reliance on capital raisesSource

Company-specific research

Questions worth answering for DEVS

Research inputs 73% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving DEVS's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can DEVS fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is DEVS's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for DEVS to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify DEVS's current valuation?
⚠ 2 warningsView warning details
Severe debt stressM&A headline · Sep 9, 2026
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Market Cap

$5.4M

P/E Ratio

-0.0

EPS

$-6.64

52-Week High

$10.10

52-Week Low

$0.03

Beta

0.35

Shares Outstanding

35.1M

Total Debt

$5.6M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$-0.35

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Calculating current signals…

Notices for DEVS

Detected from reported data — verify before acting.

Severe debt stress

Negative shareholder equity • Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt

M&A headline · Sep 9, 2026

XCF Global and DevvStream Announce Postponement of Special Meetings in Connection with Proposed Business Combination — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

Accesswire

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on DEVS.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Publicly traded pure play in carbon and renewable-energy asset monetization.

Potential downside factors

  • −Debt risk (severe): Negative shareholder equity.
  • −Total debt is at least one year of revenue.
  • −Interest coverage is below 2x.
  • −Free cash flow is negative.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown

—

Tap for breakdown →

—

Debt Cost5.0%
Debt Reduction YoY-143.6%
Debt / Equity-0.67x

Tap for breakdown →

—

Revenue YoY-5.0%
Revenue CAGR—
Net Margin-69853.5%

Tap for breakdown →

—

Asset Growth YoY221.9%
Liquidation/Share-$0.35
Net Assets/MCap0.04x

Tap for breakdown →

—

Earnings Yield-318.9%
Buyback Yield1119.3%
Debt Cost5.0%

Tap for breakdown →

—

ROIC188.8%
ROE139.1%
ROA-295.4%

Tap for breakdown →

—

EPS Growth—
FCF/Share Growth—
Rev/Share Growth—

Tap for breakdown →

—

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

—

Revenue—
Moat—
Valuation—

Tap for breakdown →

—

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

—

Interest Coverage-19.8x
ROIC188.8%
FCF Yield-119.8%

Tap for breakdown →

—

Financial—
Valuation—
Debt—

Tap for breakdown →

—

Survival Years0.5 yrs
Current Ratio0.23x
FCF Margin-24927.9%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

Score changes will appear once more historical records are available.

Price vs. Value

Valuation unavailable

Current Price

$0.15

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

2021202220222023202320242025$0$6500$13000$19500$26000

Additional Metrics

Operating Cash Flow

2021202220222023202320242025-$8M-$6M-$4M-$2M$0

Total Debt

2021202220222023202320242025$0$4M$7M$11M$14M

Total Assets

2021202220222023202320242025$0$85M$170M$255M$340M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232023202220222021
Revenue$24K$26K$0.00$0.00················
Cost of Revenue$18K$10K$0.00$0.00················
Gross Profit$7K$16K$0.00$0.00················
Research & Development$0.00$0.00$0.00$0.00················
SG&A Expenses$9.2M$12.0M$12.1M$8.0M················
Operating Expenses$9.3M$13.1M$12.1M$8.0M················
EBITDA-$15.4M-$11.4M-$13.5M-$7.9M················
Operating Income-$9.3M-$13.1M-$12.1M-$8.0M················
Interest Expense$1.7M$660K$114K$0.00················
Income Before Tax-$17.1M-$12.1M-$13.6M-$7.9M················
Income Tax Expense$0.00$0.00$101K$0.00················
Net Income-$17.1M-$12.1M-$13.7M-$7.9M················
Basic EPS$-6.64$-4.79$-4.03$-2.59················
Basic Shares9.72M2.52M3.42M3.04M················
Diluted Shares9.72M2.52M3.42M3.04M················
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Apr 30, 2026Q1FY2026

Revenue

$720

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.64

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+34.7%

Cash Change

+4925.8%

Margin Change

-895396.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included cash levels. Pressure indicators included revenue growth, EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 92.9%. EPS declined 153.3%. Cash increased 4925.8%. Total debt increased 34.7%. Net income margin declined by 895396.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Earnings data: 181 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

7 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 6, 26Sep 17, 26Oct 1, 26Oct 23, 260255075100

Historical Score Chart

3 of 7 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 4 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Debt Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Revenue Score

No data

Asset Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Capital Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Management Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Moat Score

No data

Valuation Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Buffett Score

No data

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

Related Companies

Industrial - Pollution & Treatment Controls

VLTO

Veralto Corporation

43Weak
$103.19View

ERII

Energy Recovery, Inc.

43Weak
$6.89View

CLWT

Euro Tech Holdings Company Limited

40Weak
$1.34View

CLIR

ClearSign Technologies Corporation

34Poor
$2.49View

CECO

CECO Environmental Corp.

32Poor
$57.49View

FTEK

Fuel Tech, Inc.

27Poor
$1.37View

News

Rumor Mill · DEVS

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksStocks under $10How Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial