Logotype for VerticalScope Holdings Inc

VerticalScope (FORA) investor relations material

VerticalScope Planet MicroCap Showcase: TORONTO 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for VerticalScope Holdings Inc
Planet MicroCap Showcase: TORONTO 2025 summary22 Oct, 2025

Strategic positioning and business model

  • Focuses on enabling global enthusiast communities through a proprietary digital platform, Fora, with over 70 million registered members and 2.3 billion posts.

  • Asset-light, highly profitable model with $66 million in revenue and $25 million EBITDA in the last 12 months, converting EBITDA to cash at a 90% rate.

  • Communities are niche, commercial, and supported by thousands of volunteer moderators, creating a competitive moat of authentic, expert-driven content.

  • Maintains unique brands for each community, supporting monetization and user engagement.

  • M&A strategy consolidates independent communities, leveraging a standardized, rapid deal process and a proprietary pipeline.

Industry evolution and AI integration

  • Identifies three web eras: static, social, and now the agentic web, where AI agents require structured, high-quality human content.

  • Fora's data is positioned as foundational for AI-driven services, with high demand from AI companies for its content.

  • AI initiatives include multilingual content translation, AI-generated summaries, and the Fora Frank assistant to boost engagement and content discovery.

  • AI-driven services are being developed, including structured insights, automated marketing tools, and data licensing agreements (notably with Tollbit).

  • Early results show thread engagement triples when Fora Frank is involved, and AI bot crawl attempts far exceed human traffic.

Growth drivers and revenue diversification

  • Growth strategy centers on increasing direct traffic, expanding authenticated users, and driving mobile app installs.

  • Direct users are three times more engaged than those from search, spending 3-5 minutes per session.

  • Advertising is the primary revenue source (80%), with programmatic, direct, and video ads; e-commerce (subscriptions, affiliate, marketplace) is under 20% but growing.

  • Recent acquisition of Ritual Technologies has driven double-digit growth in commerce revenue.

  • M&A remains a key growth lever, with four acquisitions year-to-date and a deep pipeline.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next VerticalScope earnings date

Logotype for VerticalScope Holdings Inc
Q3 20256 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next VerticalScope earnings date

Logotype for VerticalScope Holdings Inc
Q3 20256 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

VerticalScope Holdings Inc. is a Canadian digital media company that specializes in building and managing online communities and niche content platforms. The company operates a portfolio of websites and forums focused on various topics such as automotive, technology, outdoor sports, and home improvement. VerticalScope’s platform enables users to engage in discussions, share knowledge, and access targeted content, while providing advertisers with opportunities to reach highly engaged audiences. The company is headquartered in Toronto, Canada, and its shares are listed on the TSX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage