Oct 30, 2026 · 13 min

Mathieu Martin makes the case for Wi2Wi’s microcap opportunity

Mathieu Martin Pitches Wi2Wi $YTY.V at Planet MicroCap Toronto 2026

The presentation offers a focused look at how a Canadian microcap investor frames Wi2Wi for an audience assessing small technology companies.

3 key takeaways

1Mathieu Martin presents his microcap-investing background through the Remount Microcap Fund and Stocks and Stones newsletter.
2The episode centers on Wi2Wi Corporation, identified by its TSX Venture symbol YTY.V, as the featured company.
3Martin explicitly separates the presentation from investment advice, positioning it as informational analysis rather than a recommendation.

Don't miss

Martin moves from his disclaimer and investing background into the Wi2Wi pitch, defining the episode’s analytical frame.

The brief

Mathieu Martin opens with a clear disclaimer: the presentation is informational, not investment advice or a recommendation. He then introduces his work as portfolio manager of the Remount Microcap Fund.

Martin also writes the Stocks and Stones newsletter, including a Good, Bad and Ugly recap of the Canadian microcap market. That background frames the pitch as part of a broader coverage practice.

The featured company is Wi2Wi Corporation, whose shares trade under YTY.V on the TSX Venture Exchange. The presentation places the company within Canada’s emerging-company market.

The episode’s central tension is familiar to microcap investing: how to present a small technology company’s opportunity without turning an informational pitch into a recommendation.

The standout moment is Martin’s transition from his investing background and disclaimer to the Wi2Wi presentation, establishing both the speaker’s lens and the pitch’s boundaries.

What was said on this episode

31 statements · 28 positive · 2 negative · 1 neutral

Mathieu Martinon Y2Y Corporation stockPositive1:56
Y2Y stock has risen 300% during 2026.
“I think the stock is up 300% this year.”
Listen at 1:56
Mathieu Martinon Y2Y Corporation stockPositive2:15
Y2Y stock still has substantial upside potential.
“And I think there's still plenty of upside from here.”
Listen at 2:15
Mathieu Martinon Y2Y CorporationPositive2:16
Y2Y Corporation still has substantial share-price upside.
“I think there's still plenty of upside from here.”
Listen at 2:16
Mathieu Martinon Y2Y Corporation defense and aerospace businessPositive3:26
Y2Y’s defense and aerospace business is growing quickly.
“It's about a third of the business right now, and it's growing quickly.”
Listen at 3:26
Mathieu Martinon Y2Y CorporationPositive3:34
Y2Y works with several major U.S. defense contractors.
“The company is working with several of the major U.S. defense primes.”
Listen at 3:34
Mathieu Martinon U.S. munitions supplyNegative3:48
The United States is experiencing a munitions shortage.
“There is a U.S. munition shortage.”
Listen at 3:48
Mathieu Martinon Y2Y CorporationPositive4:20
Y2Y supplies certified U.S.-made parts to defense customers.
“Y2Y solves that problem for their customers.”
Listen at 4:20
Mathieu Martinon Furen Technology GroupPositive4:52
Furen Technology Group defense revenue increased 40% last quarter.
“Their defense revenue was up 40% last quarter.”
Listen at 4:52
Mathieu Martinon Y2Y CorporationPositive5:57
Y2Y designs and manufactures its products in the United States.
“They are based in the USA. Everything is designed and made in the USA.”
Listen at 5:57
Mathieu Martinon Y2Y military qualificationNeutral6:11
Military qualification can take over 18 months and creates program lock-in.
“It can take upwards of 18 months to get qualified, and then once you are qualified, you're essentially locked into the program.”
Listen at 6:11
Mathieu Martinon Y2Y CorporationPositive6:19
Y2Y has a 90% repeat-customer rate.
“they have 90% repeat customers.”
Listen at 6:19
Mathieu Martinon Y2Y Corporation custom componentsPositive6:34
Y2Y’s custom components can generate recurring revenue for decades.
“you can generate reoccurring revenues for a very long time.”
Listen at 6:34
Mathieu Martinon Y2Y Corporation manufacturing yieldsPositive8:38
Y2Y’s manufacturing yields recently improved by 30%.
“Some of the products, the yields have improved by 30% recently.”
Listen at 8:38
Mathieu Martinon Y2Y Corporation manufacturing yieldsPositive8:52
Y2Y manufacturing yields have further room for improvement.
“And yields, I think there are also some improvements to be made in the future.”
Listen at 8:52
Mathieu Martinon Emtron IndustriesPositive9:30
Emtron’s gross margins range from 40% to 50%.
“Their main competitor in the US, Emtron, has gross margins between 40 and 50%.”
Listen at 9:30
Mathieu Martinon Y2Y Corporation gross marginPositive9:35
Y2Y’s gross margin could continue improving.
“So I think we could still see some upside on gross margin from here.”
Listen at 9:35
Mathieu Martinon Y2Y Corporation revenuePositive9:44
Y2Y revenue grew 59% year over year last quarter.
“You can also see revenue growth 59% year over year in the last quarter.”
Listen at 9:44
Mathieu Martinon Y2Y CorporationPositive9:49
Y2Y recorded its first profitable quarter in nearly five years.
“And the company had its first profitable quarter in almost five years.”
Listen at 9:49
Mathieu Martinon Y2Y Corporation turnaroundPositive9:59
Y2Y’s turnaround is showing early signs of working.
“We're clearly seeing signs that the turnaround is working, although it's still early.”
Listen at 9:59
Mathieu Martinon Y2Y CorporationPositive10:06
Y2Y will deliver more growth and better margins over 12 months.
“What do I expect for the next 12 months? More growth, better margins.”
Listen at 10:06
Mathieu Martinon Y2Y CorporationPositive10:09
Y2Y will deliver more growth and better margins over twelve months.
“More growth, better margins.”
Listen at 10:09
Mathieu Martinon Y2Y Corporation manufacturing facilityPositive10:23
New equipment will increase Y2Y facility output by 60%.
“that's going to improve the output of the facility by 60%.”
Listen at 10:23
Mathieu Martinon Y2Y Corporation revenuePositive10:36
Y2Y revenue will reach $11.2 million in fiscal 2027.
“for next year, fiscal 27, I'm modeling $11.2 million in revenue.”
Listen at 10:36
Mathieu Martinon Y2Y Corporation revenuePositive10:38
“I'm modeling $11.2 million in revenue. That's 40% growth over this year”
Listen at 10:38
Mathieu Martinon Y2Y Corporation revenuePositive10:41
“That's 40% growth over this year, over my forecast for this year.”
Listen at 10:41
Mathieu Martinon Y2Y Corporation stock valuationPositive10:47
Y2Y stock trades at approximately nine times EBITDA and ten times P4P.
“the stock is trading at 10 times P, 4P, or a little below 9 times EBITDA.”
Listen at 10:47
Mathieu Martinon Y2Y Corporation growth and marginsPositive11:10
Y2Y’s growth and margins should improve in 2027.
“The growth and margins should be better in 2027.”
Listen at 11:10
Mathieu Martinon Y2Y Corporation valuationPositive11:16
Y2Y’s valuation has room for further re-rating.
“And the valuation at 10 times P still leaves room for valuation re-rating as well.”
Listen at 11:16
Mathieu Martinon Y2Y Corporation sharesNegative11:58
Y2Y shares could face selling pressure around 10–15 cents.
“there could be some selling pressure in that, call it 10 to 15 cent range.”
Listen at 11:58
Mathieu Martinon Y2Y Corporation sharesPositive12:05
“I think there could be some decent liquidity in that range”
Listen at 12:05
Mathieu Martinon Y2Y Corporation warrant proceedsPositive12:21
Warrant proceeds will fund expansion and fuel Y2Y growth over several years.
“that will be used to build out the sales team, buy more equipment, more manufacturing equipment, and it'll ultimately fuel more growth in the business over the next few years.”
Listen at 12:21

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.

Weekly email

State of the Pod, every Monday

The week's most-discussed names and stories from podcasts, with the moments behind them. Free, five minutes, unsubscribe in one click.