The FUTR Corp. (FTRC:TSX; FTRCF:OTC; QA20:FSE) reported financial results for the three-month period ended March 31, 2026.
Bank processing fees totaled CA$1,009,851 during the quarter, an increase of 5.2% compared to the three months ended March 31, 2025. Enrollment fees were CA$557,102, compared to CA$601,576 in the prior-year period. Total revenue was CA$1,619,045, compared to CA$2,145,143 in Q1 2025. The company stated that the decrease was driven by the discontinuation of Canadian Licensing revenue following an impairment recorded in December 2025. Canadian Licensing revenue was nil in Q1 2026 compared to CA$508,332 in Q1 2025. Ongoing operations revenue was CA$1,619,045 compared to CA$1,636,811 in Q1 2025, representing a decrease of 1.1%.
Gross profit for the quarter was CA$1,375,588, with a gross margin of 85%. Adjusted loss from operations was CA$(1,845,483), compared to CA$(685,695) in Q1 2025, excluding stock-based compensation of CA$546,807 and amortization of CA$331,012. Net loss was CA$(2,642,018), or CA$(0.02) per share, compared to a net loss of CA$(1,645,745), or CA$(0.04) per share, in Q1 2025.
Subsequent to the quarter, the company completed a financing of CA$4,750,000. The company also reported that Q1 2026 produced 22 new dealer agreements, which it described as the highest single-quarter total in its history, building on a dealer base of more than 160 active dealers as of the date of the release. In addition, FUTR entered into a binding letter of intent with EQIBank, Inc. to establish an agent-driven digital bank joint venture in which FUTR would hold a controlling 75% interest, subject to definitive agreements and regulatory approvals.
The company also announced an agreement with Global One Media Group Pte. Ltd. to support its digital communications strategy. Under the terms of the engagement, Global One will receive a monthly fee of US$7,500 for a minimum period of six months, with a three-month prepayment. The agreement remains subject to acceptance by the TSX Venture Exchange.
FUTR further announced the grant of 1,425,000 incentive stock options to employees and consultants under its Omnibus Equity Incentive Plan. The options were issued with an exercise price of CA$0.22 and include vesting schedules and terms ranging from two to five years.
Alex McDougall, CEO of The FUTR Corporation, said in a company news release: "Since joining as President in February 2025 and assuming the role of CEO in January 2026, I have made it a priority to address the legacy issues that were constraining this company's potential, and this quarter continues to reflect the cost of doing that work."
Agentic AI and Intelligent Automation Drive Emerging Digital Infrastructure
According to a May 15 report titled Agentic Finance and Stablecoins: Everything to Know About the New Stack for Autonomous Commerce, artificial intelligence was increasingly moving beyond analysis and recommendations into autonomous action. The report stated that "The term 'agentic' refers to AI systems that don't just analyze or suggest, they act," describing AI agents that could be given goals, tools, and budgets to "autonomously make decisions, call APIs, and execute tasks to accomplish that goal."
The report noted that agentic AI systems could perform tasks such as renewing subscriptions, rebalancing treasury positions, paying contractors, and purchasing data services without human intervention. It added that "AI Agents are the new economic actors" and described them as systems that had moved "beyond assistance and into execution: writing code, calling APIs, managing workflows, and interacting with financial services autonomously."
Rishin Sharma, Head of AI Growth, stated that "The infrastructure for agentic commerce is being built right now," while noting growing activity around AI agents serving as future consumers of digital services. The report also highlighted emerging use cases for compliance agents, agent-to-agent commerce, and agentic treasury management, stating that institutions were beginning to deploy "compliance agents as a parallel workforce" capable of monitoring transactions, flagging anomalies, and generating regulatory reporting autonomously.
A separate industry perspective from May 2026 on agentic AI and payments reported that agentic commerce could drive up to US$17.5 trillion in commerce by 2030. The publication stated that "Agentic AI and other innovative AI solutions are creating more efficient, customized, and secure experiences" and described agentic AI systems as technologies that "act autonomously on behalf of users or organizations, making decisions and executing transactions in real time."
The report noted that agentic AI could automate processes, analyze large volumes of data, and facilitate interactions between businesses and consumers. It added that consumers could benefit from "greater convenience, control over personal data, and personalized interactions across channels."
In a report published in early May by AI CERTS, industry analysts described agentic AI orchestration as a rapidly expanding infrastructure segment. The publication cited Grand View Research estimates showing agentic AI revenue of US$9.76 billion in 2024 and projected revenue of US$58.9 billion by 2033, representing a 22.4% compound annual growth rate. The report also referenced MarketsandMarkets projections of a US$30.23 billion market by 2030.
According to the publication, "Agentic AI is moving from research novelty to boardroom agenda within 24 months." The report stated that "Market forecasts, vendor roadmaps, and open research converge on sustained growth" and described agentic AI architectures as increasingly centered on reusable schedulers, memory systems, registries, and evaluation frameworks.
The AI CERTS report also noted that agentic AI was being adopted to automate complex tasks through specialized agents, improve scalability, and support governance through "registries, observability, and policy guards." It concluded that organizations were increasingly evaluating agentic AI platforms as part of broader digital infrastructure and automation strategies.
Dealer Expansion and Banking Joint Venture Plans
According to company materials, FUTR reported 22 new dealer agreements during Q1 2026, bringing its active dealer count to approximately 160. The company stated that this represented the highest single-quarter total in its history. The materials also indicated that the business was serving approximately 45,000 monthly active consumers and operating at a current annualized run rate of approximately CA$5 million to CA$6 million.
The company disclosed that it had entered into a binding letter of intent with EQIBank, Inc. to establish an agent-driven digital bank joint venture, with FUTR holding a controlling 75% interest. The transaction remains subject to definitive agreements and regulatory approvals and is targeting a commercial launch during the second half of 2026.
Streetwise Ownership Overview*
The FUTR Corp. (FTRC:TSX; FTRCF:OTC;QA20:FSE)
| Date | Old Symbol | Old Shares | New Symbol | New Shares |
|---|---|---|---|---|
| 04/07/25 | HANK | 5.75 | FTRC | 1 |
| 10/20/21 | NBL.H | 4 | HANK | 1 |
| 11/05/18 | NBL.P | 1 | NBL.H | 1 |
Company materials also outlined three initial user acquisition channels for the FUTR Agent App. These include FUTR Payments 2.0 through its auto dealer network, FutureVault, which the company stated has more than 400,000 existing digital vaults deployed in financial services firms, and EQIBank through integration of the FUTR Agent App into EQI's banking network. The materials noted that FUTR Payments 2.0 begins with auto loan payment optimization and that dealer-generated users become FUTR Agent App users.
The company additionally stated that FUTR Payments 2.0 was fully commercialized and that the FUTR Agent App was moving into distribution through its dealer network and other channels, according to comments from management in the earnings release.
Ownership and Share Structure2
Approximately 23% of the company is owned by management and insiders. The remainder is held by retail investors.
The company's market cap on February 12 was CA$27.58 million with 125.36 million shares outstanding. It trades within a 52-week range of CA$0.16 and CA$0.42.
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Important Disclosures:
- The FUTR Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of The FUTR Corp.
- James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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1. Disclosure for the quote from the Stewart Thomson article published on February 19, 2026:
- For the quoted article (published on February 19, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
- Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
