VerticalScope Holdings Inc.
VerticalScope Holdings Inc. (TSX: FORA) is trading at CA$2.80, about ₹189 at today's CAD/INR rate, as of 29 Sep 2026, 9:44 AM ET, down 1.75% today. Indian residents can buy VerticalScope from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$2.79
Today's high
CA$2.80
52 week low
CA$2.40
52 week high
CA$4.25
FORA opened at CA$2.80, closed previously at CA$2.85, and has traded between CA$2.40 and CA$4.25 over the past 52 weeks.
About
VerticalScope Holdings Inc., a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, Australia, and internationally. The company offers digital advertising services comprising direct advertising campaigns; programmatic advertising, such as monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos. It also provides e-commerce solutions that monetize content through arrangements in respect of commissions and referral payments with e-commerce merchants, brands, and marketplaces. The company focuses on hyper-specific subjects that engender strong affinity from online communities of super fans, experts, pros, hobbyists, and armchair analysts. Its brands include communities for watch geeks, audio nerds, motorheads, fitness-obsessed, mountain bikers, DIYers, deal junkies, and enthusiasts. VerticalScope Holdings Inc. was founded in 1999 and is headquartered in Toronto, Canada.
Key statistics
Avg. volume
11.98K
Market cap
CA$52.60M
P/E Ratio
-5.52
Price-to-sales ratio
0.67
Enterprise value
$79.14M
Free cash flow yield
34.99%
Debt-to-equity ratio
0.46
Return on equity
-10.86%
ROIC
-4.12%
Beta
0.07
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
$59.16M
Earnings per share
-$0.38
Free cash flow
$17.53M
Net profit margin
-14.06%
Gross margin
21.93%
EBITDA
$16.57M
Revenue growth
-14.32%
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This is not an investment recommendation
How to buy VerticalScope from India
Indian residents can buy VerticalScope shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for VerticalScope and place an order
Find VerticalScope by name or by its ticker, FORA, and choose an order type. VerticalScope trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your VerticalScope position in CAD and INR. VerticalScope pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in VerticalScope from India
Trading and taxes when buying VerticalScope from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneVerticalScope does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy VerticalScope stock?
Yes. VerticalScope (FORA) has been listed on the Toronto Stock Exchange since 2021, in the Software - Application industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one VerticalScope share cost in rupees?
One VerticalScope share is CA$2.80 — about ₹189 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the VerticalScope price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying VerticalScope from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on VerticalScope shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the VerticalScope price. Paasa issues a capital-gains statement for your return.
Does VerticalScope pay a dividend?
No. VerticalScope does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade VerticalScope from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare VerticalScope shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your VerticalScope holding, its cost and its closing value.
How do I sell VerticalScope and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on VerticalScope?
Yes. VerticalScope is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.