Skip to main content
The Maple Markets

Technology

Software, semiconductors and Canadian technology listings.

Technology — latest

Technology

Firan Technology Jumps 26% a Day After Its Results Landed

Firan Technology Group reported third-quarter revenue of C$64.1 million, gross margin of 42.9 per cent and bookings of C$90.2 million in a release issued after the Toronto close on October 7, 2026. The shares closed at C$32.11 the next day, up 26.4 per cent on 366,498 shares against a 79,402-share average. The company credits part of the margin widening to short-term pricing premiums for expedited delivery.

By Priya Sandhu7 min readFTG.TO

Technology

Volatus Delivers Its First NATO Drone Tranche Six Months Late

Volatus Aerospace (TSX: FLT) said on 7 October 2026 that it has finished delivering the aircraft under the roughly C$4.5 million first tranche of an ISR training contract with an unnamed NATO partner, and that the customer has begun exercising the second tranche of a deal worth up to C$9 million. The company's own second-quarter release explains why that delivery had not happened sooner, and why the revenue has not shown up yet either.

By Priya Sandhu7 min readFLT.TO

Technology

Why Light AI Stopped Work on Its Only Product

Light AI Inc. (Cboe Canada: ALGO) closed at C$0.04 on October 5, 2026, down 72.4 per cent, after telling the market at 20:34 ET on Friday October 2 that it had found gaps in the evidence supporting its only product and would not advance toward a U.S. Food and Drug Administration submission. The share count did not change, so the fall is a loss of value rather than a consolidation. The Health Canada licence granted in August remains in force.

By Élise Galarneau8 min readALGO.NEO

Technology

Dye & Durham: A 144% Day on Fiscal 2026 Results

Dye & Durham reported fiscal 2026 results before the open on 29 September 2026: revenue of C$410.7 million, adjusted EBITDA of C$198.8 million, a net loss of C$38.5 million and a first lien net leverage ratio of 5.17 times. The shares closed at C$1.16, up 144.2 per cent. The release contains no fiscal 2027 guidance, no refinancing and no asset sale.

By Priya Sandhu6 min readDND.TO

Technology

Volatus Aerospace's Defence Contract Commits Canada to 100 Drones, Not 5,000

Volatus Aerospace Inc. announced on September 10, 2026 a five-year Canadian defence contract for tactical ISR drones covering up to 5,000 systems. The committed portion is 100 systems. The remaining 4,900 are options exercisable at Canada's sole discretion, and the company states plainly that they are not purchases, backlog or revenue. At a stated maximum of C$5,000 per system, the entire ceiling is C$25 million over five years.

By Priya Sandhu8 min readFLT.TO

Technology

Record LNG Volumes and a 30 Per Cent Drop in Total Contracts: Abaxx Fell 17.1 Per Cent on Its Own News

Abaxx Technologies closed at C$18.04 on September 9, 2026, down 17.1 per cent on roughly 1.2 times its thirty-day average volume, the day it published a release headed by record August LNG futures volumes. The body of that release put total August volume at 377,949 contracts against July's record 543,100. The August 17 quarterly filing shows why the distinction matters: transaction and clearing fees of C$4,496,409 in the second quarter against liquidity credits of C$4,494,753.

By Priya Sandhu7 min readABXX.TO

Technologyaerospace & defence

Volatus Aerospace Wins a Seat in Canada's Defence Drone Marketplace. The Harder Part Is Conversion

Volatus Aerospace (TSX: FLT) has been qualified as a supplier under the Department of National Defence's Defence Drone Initiative Marketplace, effective August 24, 2026 and running to July 31, 2031. The award carries no committed dollar value. Its worth depends entirely on whether pre-qualification converts into task authorizations before the company's C$59.2 million cash position is absorbed by an autonomy and manufacturing build-out that is still EBITDA-negative.

By Priya Sandhu6 min readFLT.TO

Technology

Shopify's Take Rate, Decomposed

Shopify's revenue growth is usually explained by GMV growth. The larger part of the story is take rate — and take rate is a mix outcome, with very different margins behind each component.

By Hannah Kuan3 min readSHOP

TechnologySoftware

Open Text and the Debt-Funded Acquisition Problem

Open Text has grown by acquiring mature enterprise software with debt, a model that works only if acquired revenue holds up and integration stays on schedule. This piece examines where that strategy strains, and why leverage and cloud migration now matter more than the operating story.

By Priya Sandhu3 min readOTEX

We use necessary cookies to run the site and, only with your permission, analytics cookies to understand what readers use. Cookie policy