Moovly
Belgian platform for template-based animated video and text-to-speech content.
On the record
Checkpoint: Deadline to file overdue FY2023 and FY2024 financials and avoid permanent delisting from TSXV
The call
Moovly sits suspended from trading with unresolved filings while free AI tools already do what its software does.
Moovly makes software that helps people create videos using templates, text-to-speech, and automatic subtitle tools. The company is in serious trouble: trading has been halted, executives have quit, and customers report the service may have shut down. Even if Moovly survives, Adobe, Canva, Synthesia, and HeyGen already offer the same features built right into their platforms, and there is nothing unique about Moovly's technology to stop customers from switching. The one thing that could save the picture is if Moovly files its missing financial reports and proves it is still running by mid-2025, though competition from AI video tools would still remain fierce.
Why
01
AI pressure: Synthesia, HeyGen, Runway, and Google Veo. These tools now generate the same template videos, subtitles, and voiceovers Moovly sells, often for free or near-free. Could AI do the core job? Yes, likely.
02
Bigger players: Adobe Express and Canva. Both bundle animated video creation into products millions already use, leaving little reason to seek out Moovly separately. Could a giant copy it? Yes, easily.
03
What protects it. None apparent: no proprietary data, regulated lock-in, or distribution edge remains once trading and filings are unresolved.
What would change this call
Moovly files overdue FY2023 and FY2024 financial statements. Would show whether the company is still a functioning, reporting entity.
Trading resumes on TSXV main board or MVY.H remains halted/delisted within 6 months. Confirms whether regulators view Moovly as operationally viable or defunct.
A named enterprise customer confirms active paid use of Moovly in the prior 90 days. Would show the business retains real paying customers versus being dormant.
Trading resumes on TSXV main board or MVY.H remains halted/delisted within 6 months. Confirms whether regulators view Moovly as operationally viable or defunct.
A named enterprise customer confirms active paid use of Moovly in the prior 90 days. Would show the business retains real paying customers versus being dormant.
Key numbers
- Market cap about CAD $1.95M, shares stuck at $0.01
- Liabilities $4.96M against assets $822.3K
- Two cease trade orders issued for missed filings
Named risks
- Shares suspended on NEX board since June 16, 2025 with overdue FY2023 and FY2024 financials unresolved.
- Customer reports (May 2025 onward) that company has shut its doors, contradicting Feb 2025 company statement of no insolvency.
- Negative equity balance sheet, FY2022 liabilities of $4.96M versus assets of $822.3K.
- Core template video, TTS, and subtitling features increasingly commoditized by AI-native rivals like Synthesia and HeyGen.
- Two director resignations in Feb 2025 leaving governance capacity diminished amid regulatory action.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Synthesia | losing to | Expanded voice library to 140+ languages and added Express-Voice cloning by 2025 |
| HeyGen | losing to | Reached $200M ARR within eight months by mid-2026 (vendor-claimed), far outpacing Moovly's scale |
| Adobe (Animate/Express) | losing to | Named as larger incumbent already shipping equivalent tools per Dec 2025 commentary |
| Runway/Sora/Veo generative video | losing to | Generative video models automate script and template workflows Moovly already offers |
| Krikey AI | contesting | Cited as newer AI entrant pressuring Moovly's category per Dec 2025 commentary |
Questions people ask
- Is Moovly still operating in 2026?
- Status is unresolved. Moovly's shares have been suspended on the TSXV NEX board since June 16, 2025, and a verified AppSumo reviewer reported the company had shut its doors on May 26, 2025, despite Moovly stating in February 2025 it was not under insolvency proceedings.
- Is Moovly profitable?
- No. FY2022 figures show a net loss of -$2.06 million against total assets of only $822.3K and liabilities of $4.96 million, a negative equity position. The company also failed to file FY2023 and FY2024 financial statements, triggering two separate regulatory cease trade orders.
- Who owns Moovly Media Inc?
- Moovly Media Inc. is a publicly traded micro-cap, created via a reverse merger finalized December 8, 2015 when Pantheon Ventures Ltd. acquired all shares of the Belgian operating company Moovly NV. It traded as TSXV: MVY, later MVY.H on the NEX board, and OTC Pink: MVVYF.
- Could AI tools like Synthesia or HeyGen replace Moovly?
- Largely yes. Moovly's core workflows, template video, text to speech, subtitling, and script generation, are now native features in AI-native rivals. Synthesia expanded to 140+ languages by 2025, and HeyGen reportedly reached $200 million ARR within eight months by mid-2026, per its own reporting.
- What happened to Moovly's stock price?
- Moovly's stock has been essentially frozen. As of July 2026 the market cap was reported around CAD $1.95 million with a static CAD $0.01 share price sustained for over a year, following the June 16, 2025 transfer of its listing from TSXV Tier 2 to the suspended NEX board.
- Who is Moovly's biggest competitor?
- Industry commentary places Moovly against much larger incumbents Adobe (Animate/Express) and Autodesk plus AI-native leader Synthesia, with newer entrants Krikey AI and Runway also cited as competitive pressure, per a December 2025 industry commentary piece.
Timeline
- 2025-06-16TSX Venture transfers Moovly listing to suspended NEX board, symbol changes to MVY.H
- 2025-05-26Verified AppSumo reviewer reports Moovly has shut its doors, tags it out of business
- 2025-02-06BC Securities Commission issues cease trade order for missing FY2024 filings
- 2025-02-03Two Moovly directors resign
- 2024-08-20Moovly announces OEM partnership with Acquia to embed video creation in DAM/PIM
- 2024-07-30Moovly announces non-brokered private placement of up to CAD $400,000
- 2024-01-30Management cease trade order issued for failure to file FY2023 financials
- 2015-12-08Pantheon Ventures finalizes reverse merger agreement with Moovly NV
- 2012-11Moovly NV founded in Ghent, Belgium by Brendon Grunewald and Geert Coppens
Revision history
24 July 2026
First assessed. Little protection left. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- Moovly
- Pantheon Ventures Announces Executed Definitive Agreement With Moovly NV (2015-12-08)
- Moovly Media Announces Management Cease Trade Order (2024-01-30)
- Moovly Announces Resignation of Directors (2025-02-03)
- Moovly Media Hit With Cease Trade Order Over Delayed Financial Filings (2025-02-06)
- Bulletin Contents (TSX Venture Bulletin V2025-1721) (2025-06-16)
- Moovly Media Inc. (MVY.V) stock price, news, quote and history (2025-07-02)
- $2.7M Est. ARR (Bootstrapped) (2024-10-16)
- Moovly Media Inc. Company Profile & Executives - WSJ
- Moovly Media Inc. Stock Overview
- Moovly Software Reviews, Demo & Pricing (2022-10-11)
- Moovly Client Numbers More than Double in Wake of Global Lockdown