BluMetric Environmental（BLM）株式概要ブルーメトリック・エンバイロメント社は、カナダおよび国際的な環境問題に対する持続可能なソリューションを提供しています。 詳細BLM ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長5/6過去の実績0/6財務の健全性6/6配当金0/6報酬収益は年間146.31%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析過去1年間で株主の希薄化は大幅に進んだ 意味のある時価総額がありません ( CA$49M )すべてのリスクチェックを見るBLM Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN70.3% undervaluedAnalystConsensusTarget•1y agoCaribbean Desalination And Wastewater Demand Will Fuel Global Water Progress85011Top Analyst NarrativesBluMetric EnvironmentalANAnalystConsensusTargetBased on Analyst Price TargetsCaribbean Desalination And Wastewater Demand Will Fuel Global Water ProgressKey Takeaways Expanding recurring revenue streams and geographic diversification, driven by growing water scarcity demand and international project opportunities, are mitigating dependence on the Canadian market. Margin recovery and earnings growth are supported by operational improvements, M&A success, and a strong pipeline aligned with rising ESG and advanced water solution priorities.View narrativeCA$3FV70.3% 割安 内在価値ディスカウントSet Fair ValueView85users have viewed this narrative1users have liked this narrative0users have commented on this narrative11users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesBluMetric Environmental Inc. 競合他社BioRemSymbol: TSXV:BRMMarket cap: CA$50.1mCHAR TechnologiesSymbol: TSXV:YESMarket cap: CA$41.4mBQE WaterSymbol: TSXV:BQEMarket cap: CA$90.4mPyroGenesisSymbol: TSX:PYRMarket cap: CA$52.9m価格と性能株価の高値、安値、推移の概要BluMetric Environmental過去の株価現在の株価CA$0.8952週高値CA$1.6552週安値CA$0.71ベータ0.561ヶ月の変化-4.30%3ヶ月変化-11.88%1年変化-44.38%3年間の変化125.32%5年間の変化53.45%IPOからの変化154.29%最新ニュースBuy Or Sell Opportunity • May 29Now 36% overvaluedOver the last 90 days, the stock has fallen 30% to CA$0.85. The fair value is estimated to be CA$0.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 28Second quarter 2026 earnings released: CA$0.021 loss per share (vs CA$0.002 loss in 2Q 2025)Second quarter 2026 results: CA$0.021 loss per share (further deteriorated from CA$0.002 loss in 2Q 2025). Revenue: CA$18.3m (up 15% from 2Q 2025). Net loss: CA$1.13m (loss widened CA$1.07m from 2Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance.お知らせ • May 22BluMetric Environmental Inc. to Report Q2, 2026 Results on May 27, 2026BluMetric Environmental Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 27, 2026Reported Earnings • Feb 27First quarter 2026 earnings released: CA$0.002 loss per share (vs CA$0.011 profit in 1Q 2025)First quarter 2026 results: CA$0.002 loss per share (down from CA$0.011 profit in 1Q 2025). Revenue: CA$20.3m (up 45% from 1Q 2025). Net loss: CA$67.0k (down 118% from profit in 1Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 164 percentage points per year, which is a significant difference in performance.お知らせ • Feb 20BluMetric Environmental Inc. to Report Q1, 2026 Results on Feb 25, 2026BluMetric Environmental Inc. announced that they will report Q1, 2026 results After-Market on Feb 25, 2026Reported Earnings • Jan 29Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$64.0k from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • May 29Now 36% overvaluedOver the last 90 days, the stock has fallen 30% to CA$0.85. The fair value is estimated to be CA$0.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 28Second quarter 2026 earnings released: CA$0.021 loss per share (vs CA$0.002 loss in 2Q 2025)Second quarter 2026 results: CA$0.021 loss per share (further deteriorated from CA$0.002 loss in 2Q 2025). Revenue: CA$18.3m (up 15% from 2Q 2025). Net loss: CA$1.13m (loss widened CA$1.07m from 2Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance.お知らせ • May 22BluMetric Environmental Inc. to Report Q2, 2026 Results on May 27, 2026BluMetric Environmental Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 27, 2026Reported Earnings • Feb 27First quarter 2026 earnings released: CA$0.002 loss per share (vs CA$0.011 profit in 1Q 2025)First quarter 2026 results: CA$0.002 loss per share (down from CA$0.011 profit in 1Q 2025). Revenue: CA$20.3m (up 45% from 1Q 2025). Net loss: CA$67.0k (down 118% from profit in 1Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 164 percentage points per year, which is a significant difference in performance.お知らせ • Feb 20BluMetric Environmental Inc. to Report Q1, 2026 Results on Feb 25, 2026BluMetric Environmental Inc. announced that they will report Q1, 2026 results After-Market on Feb 25, 2026Reported Earnings • Jan 29Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$64.0k from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.New Risk • Jan 28New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$73.6m market cap, or US$54.2m).お知らせ • Jan 07BluMetric Environmental Inc., Annual General Meeting, Mar 18, 2026BluMetric Environmental Inc., Annual General Meeting, Mar 18, 2026.Recent Insider Transactions • Dec 14CFO & Secretary recently bought CA$263k worth of stockOn the 11th of December, John Hilton bought around 202k shares on-market at roughly CA$1.30 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$291k worth in shares.お知らせ • Dec 12BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of DS Consultants Ltd.BluMetric Environmental Inc. (TSXV:BLM) entered into a definitive share purchase agreement to acquire DS Consultants Ltd. for CAD 22 million on December 1, 2025. Under the terms of the agreement, the consideration includes (i) an initial cash payment of CAD 10,500,000; (ii) the issuance of 5,245,468 common shares of the Company; and (iii) a cash-based earnout paid over three years to a maximum of CAD 1,500,000 annually, tied to progressive EBITDA targets. The Purchase Price is subject to DS Consultants retaining total assets net of total liabilities of at least CAD 4,000,000. The number of Consideration Shares paid to the vendors on the closing shall be determined by the 30-day volume weighted average of the BluMetric Environmental Inc.'s common shares as traded on the TSX Venture Exchange. The Consideration Shares will be subject to a four-month hold period. The BluMetric Environmental Inc. intends to finance the initial cash portion of the purchase price for the DS Acquisition with the proceeds of the offering. The transaction is subject to customary closing conditions, including the BluMetric Environmental Inc. obtaining adequate financing necessary to finance the transaction and acceptance of the transaction by the TSX-V. BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of DS Consultants Ltd. on December 10, 2025.お知らせ • Dec 09BluMetric Environmental Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999999 million.BluMetric Environmental Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999999 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 11,538,461 Price\Range: CAD 1.3 Discount Per Security: CAD 0.078 Transaction Features: Regulation S; Rule 144ANew Risk • Dec 05New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$63.8m market cap, or US$46.0m).お知らせ • Dec 02BluMetric Environmental Inc. has filed a Follow-on Equity Offering in the amount of CAD 14.999999 million.BluMetric Environmental Inc. has filed a Follow-on Equity Offering in the amount of CAD 14.999999 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 11,538,461 Price\Range: CAD 1.3 Discount Per Security: CAD 0.078 Transaction Features: Rule 144A分析記事 • Nov 17BluMetric Environmental (CVE:BLM) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Oct 04It's A Story Of Risk Vs Reward With BluMetric Environmental Inc. (CVE:BLM)It's not a stretch to say that BluMetric Environmental Inc.'s ( CVE:BLM ) price-to-sales (or "P/S") ratio of 0.9x right...Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Rudolph was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions Derivative • Sep 21CEO & Chairman of the Board exercised options and sold CA$101k worth of stockOn the 17th of September, Scott MacFabe exercised 133.33k options at around CA$0.35, then sold 104k of the shares acquired at an average of CA$1.33 per share and kept the remainder. For the year to September 2018, Scott's total compensation was 62% salary and 38% non-salary. Since September 2024, Scott's direct individual holding has increased from 61.43k shares to 255.20k. Company insiders have collectively bought CA$36k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Aug 28Third quarter 2025 earnings released: CA$0.012 loss per share (vs CA$0.001 profit in 3Q 2024)Third quarter 2025 results: CA$0.012 loss per share (down from CA$0.001 profit in 3Q 2024). Revenue: CA$14.7m (up 81% from 3Q 2024). Net loss: CA$451.0k (down CA$478.0k from profit in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in Canada are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance.分析記事 • Jul 24BluMetric Environmental (CVE:BLM) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...New Risk • Jun 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$128k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding). Significant insider selling over the past 3 months (CA$128k sold). Market cap is less than US$100m (CA$54.1m market cap, or US$39.5m).Recent Insider Transactions • Jun 08CEO & Chairman of the Board recently sold CA$128k worth of stockOn the 5th of June, Scott MacFabe sold around 85k shares on-market at roughly CA$1.50 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by CA$125k.Reported Earnings • May 29Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: (down CA$116.6k from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance.New Risk • May 29New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (CA$62.9m market cap, or US$45.5m).分析記事 • May 14BluMetric Environmental Inc. (CVE:BLM) Soars 26% But It's A Story Of Risk Vs RewardBluMetric Environmental Inc. ( CVE:BLM ) shares have continued their recent momentum with a 26% gain in the last month...分析記事 • Mar 28Investors Still Aren't Entirely Convinced By BluMetric Environmental Inc.'s (CVE:BLM) Revenues Despite 28% Price JumpBluMetric Environmental Inc. ( CVE:BLM ) shares have continued their recent momentum with a 28% gain in the last month...お知らせ • Mar 26BluMetric Environmental Inc. Announces Board ChangesBluMetric Environmental Inc. announced that Scott MacFabe has been named Chair of the Board of Directors of the Company, while continuing his role as Chief Executive Officer (CEO). Mr. MacFabe succeeds Mr. Ian Mor Macdonald who continues to be Chair of the Audit Committee. Mr. MacFabe has served as CEO and a Director of BluMetric since March 2018.分析記事 • Mar 22The Returns On Capital At BluMetric Environmental (CVE:BLM) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...新しいナラティブ • Mar 11Gemini Expansion And First Nations Partnerships Will Strengthen Future Market Position Strategic acquisitions and military market engagement are driving revenue growth and potentially enhancing profitability through lucrative contracts and expanded capacity. New Risk • Mar 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (CA$35.8m market cap, or US$24.8m).Reported Earnings • Feb 27First quarter 2025 earnings released: EPS: CA$0.011 (vs CA$0.008 in 1Q 2024)First quarter 2025 results: EPS: CA$0.011 (up from CA$0.008 in 1Q 2024). Revenue: CA$14.0m (up 64% from 1Q 2024). Net income: CA$378.0k (up 57% from 1Q 2024). Profit margin: 2.7% (down from 2.8% in 1Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.お知らせ • Jan 30BluMetric Environmental Inc. Appoints Mohsen Mortada to Board of Directors and Strategic HiresBluMetric Environmental Inc. appointed Mr. Mohsen Mortada as a member of its Board of Directors (Board), effective February 1, 2025, and subject to TSX Venture Exchange approval. Mr. Mortada currently serves as the Chief of Staff at the Metropolitan Water District of Southern California, the largest water utility district in North America. His career includes roles as President and CEO of Cole Engineering Group, CEO and General Manager of Malcolm Pirnie Middle East, a division of Arcadis, and leadership and manager positions in various other consultancies and water utilities, reflecting his experience in the water and environmental sectors. He currently holds board positions at The Pacific Institute, Sustainable Conservation, and Open Oceans Global. He has also served on the boards of various organizations in the areas of education and environment. Furthermore, BluMetric has secured two significant hires for the WaterTech business. These hires will help support sales, business development, and establish an Operations and Maintenance division to promote customer success and introduce recurring revenue streams for Gemini Water. Mr. Matthew Politzi will be joining as the new Director of Client Experience. He brings over 30 years of water and wastewater treatment experience and has been involved in every aspect of the project life cycle. Mr. Politzi specializes in membrane technologies and has supported over 285 water projects across the Caribbean, US, China, Hong Kong, South America, Middle East and North Africa, and Australia. Mr. Kevin Wrubluski will join the team as the new Director of Operations. With over 25 years of experience in sales, he boasts a broad range of OEM, technical, and distribution sales expertise across the U.S. Mr. Wrubluski has specialized in industrial sectors and has a proven track record of growing product lines to multimillion-dollar sales.Reported Earnings • Jan 29Full year 2024 earnings released: EPS: CA$0.002 (vs CA$0.017 in FY 2023)Full year 2024 results: EPS: CA$0.002 (down from CA$0.017 in FY 2023). Revenue: CA$34.8m (flat on FY 2023). Net income: CA$64.0k (down 87% from FY 2023). Profit margin: 0.2% (down from 1.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 30%After last week's 30% share price gain to CA$1.12, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 23x in the Commercial Services industry in Canada. Total returns to shareholders of 65% over the past three years.お知らせ • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 19, 2025BluMetric Environmental Inc., Annual General Meeting, Mar 19, 2025.Recent Insider Transactions • Dec 24Independent Director recently bought CA$301k worth of stockOn the 18th of December, David Rudolph bought around 346k shares on-market at roughly CA$0.87 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$86k more in shares than they have sold in the last 12 months.お知らせ • Nov 28BluMetric Environmental Inc. announced that it expects to receive CAD 0.5 million in fundingBluMetric Environmental Inc. announced a non-brokered private placement to issue 625,000 common shares at issue price of CAD 0.8 per share for proceeds of CAD 500,000 on November 26, 2024. The offering will be made available to accredited investors and other eligible investors in all provinces and territories of Canada and such other jurisdictions as the company may decide, in accordance with applicable laws. Shares shall be subject to a four-month-and-one-day hold period from the date of issue. No commissions or fees are payable in connection with the concurrent offering. The closing of the offering and the concurrent offering is anticipated to occur on or about December 13, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange.お知らせ • Nov 27BluMetric Environmental Inc. announced that it expects to receive CAD 3.5 million in fundingOn November 26, 2024 BluMetric Environmental Inc. announced that it has entered into an agreement with Clarus Securities Inc., act as lead agent and sole bookrunner in connection with a best-efforts brokered private placement to issue 4,375,000 common shares at a price of CAD 0.80 per Common Share for aggregate gross proceeds of CAD 3,500,000 on November 26, 2024. The agent shall receive a cash commission equal to 6% of the gross proceeds of the offering and brokers' warrants equal to 6% of the number of offered shares issued pursuant to the offering other than with respect to sales to purchasers on the president's list, if any, for which the agent will receive a cash fee of 1% and brokers' warrants equal to 1% of the number of offered shares issued to purchasers on the president's list. Each broker's warrant shall entitle the holder thereof to acquire one common share of the company at the issue price for 18 months following the closing of the offering. The brokers' shares shall be subject to a hold period of four months and one day from the date of issue. The closing of the offering and the concurrent offering is anticipated to occur on or about Dec. 13, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange. The closing of the offering is not conditional upon the closing of the concurrent offering. The brokers' shares shall be subject to a hold period of four months and one day from the date of issue.New Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$23.6m market cap, or US$17.1m).お知らせ • Sep 25BluMetric Environmental Inc. (TSXV:BLM) acquired Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million.BluMetric Environmental Inc. (TSXV:BLM) acquired Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million on September 23, 2024. The consideration consists of $1.04 million based on 2.35 million common equity of BluMetric Environmental Inc. to be issued for interests of Gemini Water, LLC. A cash consideration of $3 million will be paid by BluMetric Environmental Inc. BluMetric Environmental Inc. will pay an earnout/contingent payment of $1.05 million cash. GSWS HoldCo is also entitled to additional earnout of $50,000 on each $1million annual revenue growth in excess of $7million annual revenue for up to $3million. BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million on September 23, 2024.分析記事 • Aug 31What You Can Learn From BluMetric Environmental Inc.'s (CVE:BLM) P/SIt's not a stretch to say that BluMetric Environmental Inc.'s ( CVE:BLM ) price-to-sales (or "P/S") ratio of 0.5x right...New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$15.9m market cap, or US$11.8m).Reported Earnings • Aug 30Third quarter 2024 earnings released: EPS: CA$0.001 (vs CA$0.025 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$0.001 (up from CA$0.025 loss in 3Q 2023). Revenue: CA$8.12m (up 17% from 3Q 2023). Net income: CA$26.2k (up CA$755.6k from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Aug 23Now 26% undervaluedOver the last 90 days, the stock has risen 18% to CA$0.47. The fair value is estimated to be CA$0.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.Buy Or Sell Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock has risen 19% to CA$0.50. The fair value is estimated to be CA$0.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.New Risk • Jul 26New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$310k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$14.7m market cap, or US$10.7m).Recent Insider Transactions • Jul 26Insider recently sold CA$310k worth of stockOn the 24th of July, Roger Woeller sold around 600k shares on-market at roughly CA$0.52 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$299k more than they bought in the last 12 months.分析記事 • Jul 19Here's What's Concerning About BluMetric Environmental's (CVE:BLM) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Jul 02Now 25% undervaluedOver the last 90 days, the stock has risen 2.4% to CA$0.42. The fair value is estimated to be CA$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.Buy Or Sell Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock has risen 36% to CA$0.45. The fair value is estimated to be CA$0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.Buy Or Sell Opportunity • Jun 16Now 25% undervaluedOver the last 90 days, the stock has risen 24% to CA$0.42. The fair value is estimated to be CA$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.Reported Earnings • Jun 04Second quarter 2024 earnings released: EPS: CA$0.004 (vs CA$0.003 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.004 (up from CA$0.003 in 2Q 2023). Revenue: CA$7.13m (down 3.8% from 2Q 2023). Net income: CA$116.6k (up 46% from 2Q 2023). Profit margin: 1.6% (up from 1.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.分析記事 • Apr 12Returns On Capital At BluMetric Environmental (CVE:BLM) Paint A Concerning PictureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Reported Earnings • Mar 01First quarter 2024 earnings released: EPS: CA$0.008 (vs CA$0.015 in 1Q 2023)First quarter 2024 results: EPS: CA$0.008 (down from CA$0.015 in 1Q 2023). Revenue: CA$8.52m (down 19% from 1Q 2023). Net income: CA$241.2k (down 47% from 1Q 2023). Profit margin: 2.8% (down from 4.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.分析記事 • Feb 14Earnings Not Telling The Story For BluMetric Environmental Inc. (CVE:BLM) After Shares Rise 40%BluMetric Environmental Inc. ( CVE:BLM ) shareholders would be excited to see that the share price has had a great...Reported Earnings • Jan 30Full year 2023 earnings released: EPS: CA$0.017 (vs CA$0.045 in FY 2022)Full year 2023 results: EPS: CA$0.017 (down from CA$0.045 in FY 2022). Revenue: CA$35.1m (up 2.2% from FY 2022). Net income: CA$506.7k (down 62% from FY 2022). Profit margin: 1.4% (down from 3.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Market cap is less than US$10m (CA$8.68m market cap, or US$6.46m).お知らせ • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024.分析記事 • Dec 23Take Care Before Diving Into The Deep End On BluMetric Environmental Inc. (CVE:BLM)You may think that with a price-to-sales (or "P/S") ratio of 0.2x BluMetric Environmental Inc. ( CVE:BLM ) is a stock...New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (CA$7.36m market cap, or US$5.43m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).Reported Earnings • Aug 25Third quarter 2023 earnings released: CA$0.025 loss per share (vs CA$0.011 profit in 3Q 2022)Third quarter 2023 results: CA$0.025 loss per share (down from CA$0.011 profit in 3Q 2022). Revenue: CA$6.94m (down 17% from 3Q 2022). Net loss: CA$729.4k (down 330% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Wanda Richardson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Jul 07There Are Reasons To Feel Uneasy About BluMetric Environmental's (CVE:BLM) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Reported Earnings • May 27Second quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.009 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.003 (down from CA$0.009 in 2Q 2022). Revenue: CA$7.41m (down 9.7% from 2Q 2022). Net income: CA$79.9k (down 70% from 2Q 2022). Profit margin: 1.1% (down from 3.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 15BluMetric Environmental (CVE:BLM) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Mar 02First quarter 2023 earnings released: EPS: CA$0.015 (vs CA$0.019 in 1Q 2022)First quarter 2023 results: EPS: CA$0.015 (down from CA$0.019 in 1Q 2022). Revenue: CA$10.5m (up 34% from 1Q 2022). Net income: CA$455.8k (down 18% from 1Q 2022). Profit margin: 4.4% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 27Full year 2022 earnings released: EPS: CA$0.045 (vs CA$0.13 in FY 2021)Full year 2022 results: EPS: CA$0.045 (down from CA$0.13 in FY 2021). Revenue: CA$34.3m (down 3.3% from FY 2021). Net income: CA$1.32m (down 65% from FY 2021). Profit margin: 3.9% (down from 11% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 21BluMetric Environmental Inc., Annual General Meeting, Mar 22, 2023BluMetric Environmental Inc., Annual General Meeting, Mar 22, 2023.Reported Earnings • Aug 26Third quarter 2022 earnings released: EPS: CA$0.011 (vs CA$0.024 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.011 (down from CA$0.024 in 3Q 2021). Revenue: CA$8.35m (down 1.6% from 3Q 2021). Net income: CA$317.9k (down 54% from 3Q 2021). Profit margin: 3.8% (down from 8.1% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 27Second quarter 2022 earnings released: EPS: CA$0.009 (vs CA$0.037 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.009 (down from CA$0.037 in 2Q 2021). Revenue: CA$8.21m (down 10% from 2Q 2021). Net income: CA$264.4k (down 75% from 2Q 2021). Profit margin: 3.2% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$0.13 (up from CA$0.016 in FY 2020). Revenue: CA$35.5m (up 24% from FY 2020). Net income: CA$3.73m (up CA$3.25m from FY 2020). Profit margin: 11% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 03BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent Insider Transactions Derivative • Nov 07CEO & Director exercised options and sold CA$240k worth of stockOn the 1st of November, Scott MacFabe exercised 500k options at a strike price of around CA$0.24 and sold these shares for an average price of CA$0.72 per share. This trade did not impact their existing holding. For the year to September 2020, Scott's total compensation was 81% salary and 19% non-salary. Since March 2021, Scott has owned 10.00k shares directly. Company insiders have collectively sold CA$225k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Aug 27Third quarter 2021 earnings released: EPS CA$0.024 (vs CA$0.023 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CA$8.49m (up 24% from 3Q 2020). Net income: CA$687.2k (up 2.1% from 3Q 2020). Profit margin: 8.1% (down from 9.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.分析記事 • Jul 30Is BluMetric Environmental (CVE:BLM) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 29Second quarter 2021 earnings released: EPS CA$0.037 (vs CA$0.079 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$9.14m (up 82% from 2Q 2020). Net income: CA$1.05m (up CA$3.32m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.分析記事 • Apr 30Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Executive Departure • Mar 31Independent Director has left the companyOn the 24th of March, Jane Pagel's tenure as Independent Director ended after 7.1 years in the role. We don't have any record of a personal shareholding under Jane's name. Jane is the only executive to leave the company over the last 12 months.分析記事 • Mar 18It Looks Like Shareholders Would Probably Approve BluMetric Environmental Inc.'s (CVE:BLM) CEO Compensation PackageWe have been pretty impressed with the performance at BluMetric Environmental Inc. ( CVE:BLM ) recently and CEO Scott...分析記事 • Mar 06BluMetric Environmental Inc.'s (CVE:BLM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?BluMetric Environmental's (CVE:BLM) stock is up by a considerable 194% over the past three months. However, we decided...Is New 90 Day High Low • Feb 27New 90-day high: CA$0.55The company is up 224% from its price of CA$0.17 on 27 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 11% over the same period.Reported Earnings • Feb 27First quarter 2021 earnings released: EPS CA$0.024 (vs CA$0.029 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CA$8.15m (up 29% from 1Q 2020). Net income: CA$699.8k (down 17% from 1Q 2020). Profit margin: 8.6% (down from 13% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.お知らせ • Feb 18BluMetric Environmental Inc. Appoints Ian Mor Macdonald to Board of DirectorsBluMetric Environmental Inc. appointed Mr. Ian Mor Macdonald to its Board of Directors. Mr. Macdonald is a Founder and Managing Director of Tricapital Solutions Inc. Prior to starting Tricapital Solutions, Mr. Macdonald worked in senior roles at both Bacardi International and PwC. Mr. Macdonald's appointment is subject to TSX-V approval.分析記事 • Jan 30Is BluMetric Environmental (CVE:BLM) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Jan 30Full year 2020 earnings released: EPS CA$0.016 (vs CA$0.012 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$28.6m (up 1.3% from FY 2019). Net income: CA$471.5k (up 34% from FY 2019). Profit margin: 1.6% (up from 1.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Jan 23BluMetric Environmental Inc., Annual General Meeting, Mar 24, 2021BluMetric Environmental Inc., Annual General Meeting, Mar 24, 2021.Is New 90 Day High Low • Jan 21New 90-day high: CA$0.23The company is up 41% from its price of CA$0.16 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 26% over the same period.お知らせ • Oct 08BluMetric Environmental Inc. Completes COVID-19 Preparedness Contract in Nunavut for Department of EducationBluMetric Environmental Inc. completed an important project to support health and safety for students, educators and child care workers in Nunavut. BluMetric's industrial hygiene and occupational health and safety experts delivered training, technical support and logistical support for 45 schools and 58 child care facilities under the jurisdiction of Nunavut's Department of Education. The Company worked with educators and custodians to provide safe and protected environments for daily operation, and the tools to respond to evolving pandemic conditions. BluMetric supplied materials and equipment for each of the facilities and developed and delivered training in cleaning and the effective use of personal protection equipment by staff during the school term. This assignment highlighted BluMetric's ability to respond under tight timelines delivering industrial hygiene and health and safety services, while working in remote communities under challenging pandemic conditions. BluMetric recently completed a chemical inventory and management project for the Department of Education in Nunavut, and this familiarity with complexities of delivering projects in Canada's north, a niche market for BluMetric, ensured a successful project.お知らせ • Jun 30BluMetric Environmental Inc. to Report Q2, 2020 Results on Jul 15, 2020BluMetric Environmental Inc. announced that they will report Q2, 2020 results at 1:14 PM, GMT Standard Time on Jul 15, 2020株主還元BLMCA Commercial ServicesCA 市場7D14.1%1.7%-2.2%1Y-44.4%-19.4%29.3%株主還元を見る業界別リターン: BLM過去 1 年間で-19.4 % の収益を上げたCanadian Commercial Services業界を下回りました。リターン対市場: BLMは、過去 1 年間で29.3 % のリターンを上げたCanadian市場を下回りました。価格変動Is BLM's price volatile compared to industry and market?BLM volatilityBLM Average Weekly Movement10.3%Commercial Services Industry Average Movement8.1%Market Average Movement10.0%10% most volatile stocks in CA Market17.4%10% least volatile stocks in CA Market3.8%安定した株価: BLM 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BLMの 週次ボラティリティ ( 10% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1976345Scott MacFabewww.blumetric.caブルーメトリック・エンバイロメント社は、カナダ国内および国際的な環境問題に対する持続可能なソリューションを提供している。同社は、環境地球科学とエンジニアリング、産業衛生、労働衛生と安全、再生可能エネルギー、水と廃水処理、環境契約と管理の分野で、コンサルティングサービスと水処理システムサービスを提供している。また、環境サイトアセスメントと修復サービス、環境エンジニアリングソリューション、労働衛生と安全、ジオマティックス、ウォーターテックの生産・運用・メンテナンスサービスも提供している。さらに、船舶用逆浸透膜脱塩システム、逆浸透膜浄水ユニット、船舶用油水分離装置、サブユニット浄水システム、ポータブル浄水システム、移動式廃水処理プラントも提供している。商業、工業、軍事、鉱業、政府などの顧客にサービスを提供している。ブルーメトリック・エンバイロメント社は1976年に設立され、カナダのオタワに本社を置いている。もっと見るBluMetric Environmental Inc. 基礎のまとめBluMetric Environmental の収益と売上を時価総額と比較するとどうか。BLM 基礎統計学時価総額CA$49.42m収益（TTM）-CA$3.82m売上高(TTM)CA$71.26m0.7xP/Sレシオ-12.8xPER（株価収益率BLM は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BLM 損益計算書（TTM）収益CA$71.26m売上原価CA$50.66m売上総利益CA$20.60mその他の費用CA$24.42m収益-CA$3.82m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.07グロス・マージン28.91%純利益率-5.36%有利子負債／自己資本比率0%BLM の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 12:41終値2026/06/10 00:00収益2026/03/31年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋BluMetric Environmental Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Stephen KammermayerClarus Securities Inc.
Buy Or Sell Opportunity • May 29Now 36% overvaluedOver the last 90 days, the stock has fallen 30% to CA$0.85. The fair value is estimated to be CA$0.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 28Second quarter 2026 earnings released: CA$0.021 loss per share (vs CA$0.002 loss in 2Q 2025)Second quarter 2026 results: CA$0.021 loss per share (further deteriorated from CA$0.002 loss in 2Q 2025). Revenue: CA$18.3m (up 15% from 2Q 2025). Net loss: CA$1.13m (loss widened CA$1.07m from 2Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance.
お知らせ • May 22BluMetric Environmental Inc. to Report Q2, 2026 Results on May 27, 2026BluMetric Environmental Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 27, 2026
Reported Earnings • Feb 27First quarter 2026 earnings released: CA$0.002 loss per share (vs CA$0.011 profit in 1Q 2025)First quarter 2026 results: CA$0.002 loss per share (down from CA$0.011 profit in 1Q 2025). Revenue: CA$20.3m (up 45% from 1Q 2025). Net loss: CA$67.0k (down 118% from profit in 1Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 164 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 20BluMetric Environmental Inc. to Report Q1, 2026 Results on Feb 25, 2026BluMetric Environmental Inc. announced that they will report Q1, 2026 results After-Market on Feb 25, 2026
Reported Earnings • Jan 29Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$64.0k from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • May 29Now 36% overvaluedOver the last 90 days, the stock has fallen 30% to CA$0.85. The fair value is estimated to be CA$0.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 28Second quarter 2026 earnings released: CA$0.021 loss per share (vs CA$0.002 loss in 2Q 2025)Second quarter 2026 results: CA$0.021 loss per share (further deteriorated from CA$0.002 loss in 2Q 2025). Revenue: CA$18.3m (up 15% from 2Q 2025). Net loss: CA$1.13m (loss widened CA$1.07m from 2Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance.
お知らせ • May 22BluMetric Environmental Inc. to Report Q2, 2026 Results on May 27, 2026BluMetric Environmental Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 27, 2026
Reported Earnings • Feb 27First quarter 2026 earnings released: CA$0.002 loss per share (vs CA$0.011 profit in 1Q 2025)First quarter 2026 results: CA$0.002 loss per share (down from CA$0.011 profit in 1Q 2025). Revenue: CA$20.3m (up 45% from 1Q 2025). Net loss: CA$67.0k (down 118% from profit in 1Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 164 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 20BluMetric Environmental Inc. to Report Q1, 2026 Results on Feb 25, 2026BluMetric Environmental Inc. announced that they will report Q1, 2026 results After-Market on Feb 25, 2026
Reported Earnings • Jan 29Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$64.0k from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.
New Risk • Jan 28New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$73.6m market cap, or US$54.2m).
お知らせ • Jan 07BluMetric Environmental Inc., Annual General Meeting, Mar 18, 2026BluMetric Environmental Inc., Annual General Meeting, Mar 18, 2026.
Recent Insider Transactions • Dec 14CFO & Secretary recently bought CA$263k worth of stockOn the 11th of December, John Hilton bought around 202k shares on-market at roughly CA$1.30 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$291k worth in shares.
お知らせ • Dec 12BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of DS Consultants Ltd.BluMetric Environmental Inc. (TSXV:BLM) entered into a definitive share purchase agreement to acquire DS Consultants Ltd. for CAD 22 million on December 1, 2025. Under the terms of the agreement, the consideration includes (i) an initial cash payment of CAD 10,500,000; (ii) the issuance of 5,245,468 common shares of the Company; and (iii) a cash-based earnout paid over three years to a maximum of CAD 1,500,000 annually, tied to progressive EBITDA targets. The Purchase Price is subject to DS Consultants retaining total assets net of total liabilities of at least CAD 4,000,000. The number of Consideration Shares paid to the vendors on the closing shall be determined by the 30-day volume weighted average of the BluMetric Environmental Inc.'s common shares as traded on the TSX Venture Exchange. The Consideration Shares will be subject to a four-month hold period. The BluMetric Environmental Inc. intends to finance the initial cash portion of the purchase price for the DS Acquisition with the proceeds of the offering. The transaction is subject to customary closing conditions, including the BluMetric Environmental Inc. obtaining adequate financing necessary to finance the transaction and acceptance of the transaction by the TSX-V. BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of DS Consultants Ltd. on December 10, 2025.
お知らせ • Dec 09BluMetric Environmental Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999999 million.BluMetric Environmental Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999999 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 11,538,461 Price\Range: CAD 1.3 Discount Per Security: CAD 0.078 Transaction Features: Regulation S; Rule 144A
New Risk • Dec 05New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$63.8m market cap, or US$46.0m).
お知らせ • Dec 02BluMetric Environmental Inc. has filed a Follow-on Equity Offering in the amount of CAD 14.999999 million.BluMetric Environmental Inc. has filed a Follow-on Equity Offering in the amount of CAD 14.999999 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 11,538,461 Price\Range: CAD 1.3 Discount Per Security: CAD 0.078 Transaction Features: Rule 144A
分析記事 • Nov 17BluMetric Environmental (CVE:BLM) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Oct 04It's A Story Of Risk Vs Reward With BluMetric Environmental Inc. (CVE:BLM)It's not a stretch to say that BluMetric Environmental Inc.'s ( CVE:BLM ) price-to-sales (or "P/S") ratio of 0.9x right...
Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Rudolph was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions Derivative • Sep 21CEO & Chairman of the Board exercised options and sold CA$101k worth of stockOn the 17th of September, Scott MacFabe exercised 133.33k options at around CA$0.35, then sold 104k of the shares acquired at an average of CA$1.33 per share and kept the remainder. For the year to September 2018, Scott's total compensation was 62% salary and 38% non-salary. Since September 2024, Scott's direct individual holding has increased from 61.43k shares to 255.20k. Company insiders have collectively bought CA$36k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Aug 28Third quarter 2025 earnings released: CA$0.012 loss per share (vs CA$0.001 profit in 3Q 2024)Third quarter 2025 results: CA$0.012 loss per share (down from CA$0.001 profit in 3Q 2024). Revenue: CA$14.7m (up 81% from 3Q 2024). Net loss: CA$451.0k (down CA$478.0k from profit in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in Canada are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 24BluMetric Environmental (CVE:BLM) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
New Risk • Jun 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$128k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding). Significant insider selling over the past 3 months (CA$128k sold). Market cap is less than US$100m (CA$54.1m market cap, or US$39.5m).
Recent Insider Transactions • Jun 08CEO & Chairman of the Board recently sold CA$128k worth of stockOn the 5th of June, Scott MacFabe sold around 85k shares on-market at roughly CA$1.50 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by CA$125k.
Reported Earnings • May 29Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: (down CA$116.6k from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance.
New Risk • May 29New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (CA$62.9m market cap, or US$45.5m).
分析記事 • May 14BluMetric Environmental Inc. (CVE:BLM) Soars 26% But It's A Story Of Risk Vs RewardBluMetric Environmental Inc. ( CVE:BLM ) shares have continued their recent momentum with a 26% gain in the last month...
分析記事 • Mar 28Investors Still Aren't Entirely Convinced By BluMetric Environmental Inc.'s (CVE:BLM) Revenues Despite 28% Price JumpBluMetric Environmental Inc. ( CVE:BLM ) shares have continued their recent momentum with a 28% gain in the last month...
お知らせ • Mar 26BluMetric Environmental Inc. Announces Board ChangesBluMetric Environmental Inc. announced that Scott MacFabe has been named Chair of the Board of Directors of the Company, while continuing his role as Chief Executive Officer (CEO). Mr. MacFabe succeeds Mr. Ian Mor Macdonald who continues to be Chair of the Audit Committee. Mr. MacFabe has served as CEO and a Director of BluMetric since March 2018.
分析記事 • Mar 22The Returns On Capital At BluMetric Environmental (CVE:BLM) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
新しいナラティブ • Mar 11Gemini Expansion And First Nations Partnerships Will Strengthen Future Market Position Strategic acquisitions and military market engagement are driving revenue growth and potentially enhancing profitability through lucrative contracts and expanded capacity.
New Risk • Mar 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (CA$35.8m market cap, or US$24.8m).
Reported Earnings • Feb 27First quarter 2025 earnings released: EPS: CA$0.011 (vs CA$0.008 in 1Q 2024)First quarter 2025 results: EPS: CA$0.011 (up from CA$0.008 in 1Q 2024). Revenue: CA$14.0m (up 64% from 1Q 2024). Net income: CA$378.0k (up 57% from 1Q 2024). Profit margin: 2.7% (down from 2.8% in 1Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 30BluMetric Environmental Inc. Appoints Mohsen Mortada to Board of Directors and Strategic HiresBluMetric Environmental Inc. appointed Mr. Mohsen Mortada as a member of its Board of Directors (Board), effective February 1, 2025, and subject to TSX Venture Exchange approval. Mr. Mortada currently serves as the Chief of Staff at the Metropolitan Water District of Southern California, the largest water utility district in North America. His career includes roles as President and CEO of Cole Engineering Group, CEO and General Manager of Malcolm Pirnie Middle East, a division of Arcadis, and leadership and manager positions in various other consultancies and water utilities, reflecting his experience in the water and environmental sectors. He currently holds board positions at The Pacific Institute, Sustainable Conservation, and Open Oceans Global. He has also served on the boards of various organizations in the areas of education and environment. Furthermore, BluMetric has secured two significant hires for the WaterTech business. These hires will help support sales, business development, and establish an Operations and Maintenance division to promote customer success and introduce recurring revenue streams for Gemini Water. Mr. Matthew Politzi will be joining as the new Director of Client Experience. He brings over 30 years of water and wastewater treatment experience and has been involved in every aspect of the project life cycle. Mr. Politzi specializes in membrane technologies and has supported over 285 water projects across the Caribbean, US, China, Hong Kong, South America, Middle East and North Africa, and Australia. Mr. Kevin Wrubluski will join the team as the new Director of Operations. With over 25 years of experience in sales, he boasts a broad range of OEM, technical, and distribution sales expertise across the U.S. Mr. Wrubluski has specialized in industrial sectors and has a proven track record of growing product lines to multimillion-dollar sales.
Reported Earnings • Jan 29Full year 2024 earnings released: EPS: CA$0.002 (vs CA$0.017 in FY 2023)Full year 2024 results: EPS: CA$0.002 (down from CA$0.017 in FY 2023). Revenue: CA$34.8m (flat on FY 2023). Net income: CA$64.0k (down 87% from FY 2023). Profit margin: 0.2% (down from 1.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 30%After last week's 30% share price gain to CA$1.12, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 23x in the Commercial Services industry in Canada. Total returns to shareholders of 65% over the past three years.
お知らせ • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 19, 2025BluMetric Environmental Inc., Annual General Meeting, Mar 19, 2025.
Recent Insider Transactions • Dec 24Independent Director recently bought CA$301k worth of stockOn the 18th of December, David Rudolph bought around 346k shares on-market at roughly CA$0.87 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$86k more in shares than they have sold in the last 12 months.
お知らせ • Nov 28BluMetric Environmental Inc. announced that it expects to receive CAD 0.5 million in fundingBluMetric Environmental Inc. announced a non-brokered private placement to issue 625,000 common shares at issue price of CAD 0.8 per share for proceeds of CAD 500,000 on November 26, 2024. The offering will be made available to accredited investors and other eligible investors in all provinces and territories of Canada and such other jurisdictions as the company may decide, in accordance with applicable laws. Shares shall be subject to a four-month-and-one-day hold period from the date of issue. No commissions or fees are payable in connection with the concurrent offering. The closing of the offering and the concurrent offering is anticipated to occur on or about December 13, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange.
お知らせ • Nov 27BluMetric Environmental Inc. announced that it expects to receive CAD 3.5 million in fundingOn November 26, 2024 BluMetric Environmental Inc. announced that it has entered into an agreement with Clarus Securities Inc., act as lead agent and sole bookrunner in connection with a best-efforts brokered private placement to issue 4,375,000 common shares at a price of CAD 0.80 per Common Share for aggregate gross proceeds of CAD 3,500,000 on November 26, 2024. The agent shall receive a cash commission equal to 6% of the gross proceeds of the offering and brokers' warrants equal to 6% of the number of offered shares issued pursuant to the offering other than with respect to sales to purchasers on the president's list, if any, for which the agent will receive a cash fee of 1% and brokers' warrants equal to 1% of the number of offered shares issued to purchasers on the president's list. Each broker's warrant shall entitle the holder thereof to acquire one common share of the company at the issue price for 18 months following the closing of the offering. The brokers' shares shall be subject to a hold period of four months and one day from the date of issue. The closing of the offering and the concurrent offering is anticipated to occur on or about Dec. 13, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange. The closing of the offering is not conditional upon the closing of the concurrent offering. The brokers' shares shall be subject to a hold period of four months and one day from the date of issue.
New Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$23.6m market cap, or US$17.1m).
お知らせ • Sep 25BluMetric Environmental Inc. (TSXV:BLM) acquired Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million.BluMetric Environmental Inc. (TSXV:BLM) acquired Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million on September 23, 2024. The consideration consists of $1.04 million based on 2.35 million common equity of BluMetric Environmental Inc. to be issued for interests of Gemini Water, LLC. A cash consideration of $3 million will be paid by BluMetric Environmental Inc. BluMetric Environmental Inc. will pay an earnout/contingent payment of $1.05 million cash. GSWS HoldCo is also entitled to additional earnout of $50,000 on each $1million annual revenue growth in excess of $7million annual revenue for up to $3million. BluMetric Environmental Inc. (TSXV:BLM) completed the acquisition of Gemini Water, LLC from GSWS Holdco Inc. for $5.1 million on September 23, 2024.
分析記事 • Aug 31What You Can Learn From BluMetric Environmental Inc.'s (CVE:BLM) P/SIt's not a stretch to say that BluMetric Environmental Inc.'s ( CVE:BLM ) price-to-sales (or "P/S") ratio of 0.5x right...
New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$15.9m market cap, or US$11.8m).
Reported Earnings • Aug 30Third quarter 2024 earnings released: EPS: CA$0.001 (vs CA$0.025 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$0.001 (up from CA$0.025 loss in 3Q 2023). Revenue: CA$8.12m (up 17% from 3Q 2023). Net income: CA$26.2k (up CA$755.6k from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Aug 23Now 26% undervaluedOver the last 90 days, the stock has risen 18% to CA$0.47. The fair value is estimated to be CA$0.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.
Buy Or Sell Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock has risen 19% to CA$0.50. The fair value is estimated to be CA$0.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.
New Risk • Jul 26New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$310k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Significant insider selling over the past 3 months (CA$310k sold). Market cap is less than US$100m (CA$14.7m market cap, or US$10.7m).
Recent Insider Transactions • Jul 26Insider recently sold CA$310k worth of stockOn the 24th of July, Roger Woeller sold around 600k shares on-market at roughly CA$0.52 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$299k more than they bought in the last 12 months.
分析記事 • Jul 19Here's What's Concerning About BluMetric Environmental's (CVE:BLM) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Jul 02Now 25% undervaluedOver the last 90 days, the stock has risen 2.4% to CA$0.42. The fair value is estimated to be CA$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.
Buy Or Sell Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock has risen 36% to CA$0.45. The fair value is estimated to be CA$0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.
Buy Or Sell Opportunity • Jun 16Now 25% undervaluedOver the last 90 days, the stock has risen 24% to CA$0.42. The fair value is estimated to be CA$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 76%.
Reported Earnings • Jun 04Second quarter 2024 earnings released: EPS: CA$0.004 (vs CA$0.003 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.004 (up from CA$0.003 in 2Q 2023). Revenue: CA$7.13m (down 3.8% from 2Q 2023). Net income: CA$116.6k (up 46% from 2Q 2023). Profit margin: 1.6% (up from 1.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 12Returns On Capital At BluMetric Environmental (CVE:BLM) Paint A Concerning PictureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Reported Earnings • Mar 01First quarter 2024 earnings released: EPS: CA$0.008 (vs CA$0.015 in 1Q 2023)First quarter 2024 results: EPS: CA$0.008 (down from CA$0.015 in 1Q 2023). Revenue: CA$8.52m (down 19% from 1Q 2023). Net income: CA$241.2k (down 47% from 1Q 2023). Profit margin: 2.8% (down from 4.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 14Earnings Not Telling The Story For BluMetric Environmental Inc. (CVE:BLM) After Shares Rise 40%BluMetric Environmental Inc. ( CVE:BLM ) shareholders would be excited to see that the share price has had a great...
Reported Earnings • Jan 30Full year 2023 earnings released: EPS: CA$0.017 (vs CA$0.045 in FY 2022)Full year 2023 results: EPS: CA$0.017 (down from CA$0.045 in FY 2022). Revenue: CA$35.1m (up 2.2% from FY 2022). Net income: CA$506.7k (down 62% from FY 2022). Profit margin: 1.4% (down from 3.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Market cap is less than US$10m (CA$8.68m market cap, or US$6.46m).
お知らせ • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024.
分析記事 • Dec 23Take Care Before Diving Into The Deep End On BluMetric Environmental Inc. (CVE:BLM)You may think that with a price-to-sales (or "P/S") ratio of 0.2x BluMetric Environmental Inc. ( CVE:BLM ) is a stock...
New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (CA$7.36m market cap, or US$5.43m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).
Reported Earnings • Aug 25Third quarter 2023 earnings released: CA$0.025 loss per share (vs CA$0.011 profit in 3Q 2022)Third quarter 2023 results: CA$0.025 loss per share (down from CA$0.011 profit in 3Q 2022). Revenue: CA$6.94m (down 17% from 3Q 2022). Net loss: CA$729.4k (down 330% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Wanda Richardson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jul 07There Are Reasons To Feel Uneasy About BluMetric Environmental's (CVE:BLM) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Reported Earnings • May 27Second quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.009 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.003 (down from CA$0.009 in 2Q 2022). Revenue: CA$7.41m (down 9.7% from 2Q 2022). Net income: CA$79.9k (down 70% from 2Q 2022). Profit margin: 1.1% (down from 3.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 15BluMetric Environmental (CVE:BLM) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Mar 02First quarter 2023 earnings released: EPS: CA$0.015 (vs CA$0.019 in 1Q 2022)First quarter 2023 results: EPS: CA$0.015 (down from CA$0.019 in 1Q 2022). Revenue: CA$10.5m (up 34% from 1Q 2022). Net income: CA$455.8k (down 18% from 1Q 2022). Profit margin: 4.4% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 27Full year 2022 earnings released: EPS: CA$0.045 (vs CA$0.13 in FY 2021)Full year 2022 results: EPS: CA$0.045 (down from CA$0.13 in FY 2021). Revenue: CA$34.3m (down 3.3% from FY 2021). Net income: CA$1.32m (down 65% from FY 2021). Profit margin: 3.9% (down from 11% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 21BluMetric Environmental Inc., Annual General Meeting, Mar 22, 2023BluMetric Environmental Inc., Annual General Meeting, Mar 22, 2023.
Reported Earnings • Aug 26Third quarter 2022 earnings released: EPS: CA$0.011 (vs CA$0.024 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.011 (down from CA$0.024 in 3Q 2021). Revenue: CA$8.35m (down 1.6% from 3Q 2021). Net income: CA$317.9k (down 54% from 3Q 2021). Profit margin: 3.8% (down from 8.1% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 27Second quarter 2022 earnings released: EPS: CA$0.009 (vs CA$0.037 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.009 (down from CA$0.037 in 2Q 2021). Revenue: CA$8.21m (down 10% from 2Q 2021). Net income: CA$264.4k (down 75% from 2Q 2021). Profit margin: 3.2% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$0.13 (up from CA$0.016 in FY 2020). Revenue: CA$35.5m (up 24% from FY 2020). Net income: CA$3.73m (up CA$3.25m from FY 2020). Profit margin: 11% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 03BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Recent Insider Transactions Derivative • Nov 07CEO & Director exercised options and sold CA$240k worth of stockOn the 1st of November, Scott MacFabe exercised 500k options at a strike price of around CA$0.24 and sold these shares for an average price of CA$0.72 per share. This trade did not impact their existing holding. For the year to September 2020, Scott's total compensation was 81% salary and 19% non-salary. Since March 2021, Scott has owned 10.00k shares directly. Company insiders have collectively sold CA$225k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Aug 27Third quarter 2021 earnings released: EPS CA$0.024 (vs CA$0.023 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CA$8.49m (up 24% from 3Q 2020). Net income: CA$687.2k (up 2.1% from 3Q 2020). Profit margin: 8.1% (down from 9.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.
分析記事 • Jul 30Is BluMetric Environmental (CVE:BLM) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 29Second quarter 2021 earnings released: EPS CA$0.037 (vs CA$0.079 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$9.14m (up 82% from 2Q 2020). Net income: CA$1.05m (up CA$3.32m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
分析記事 • Apr 30Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Executive Departure • Mar 31Independent Director has left the companyOn the 24th of March, Jane Pagel's tenure as Independent Director ended after 7.1 years in the role. We don't have any record of a personal shareholding under Jane's name. Jane is the only executive to leave the company over the last 12 months.
分析記事 • Mar 18It Looks Like Shareholders Would Probably Approve BluMetric Environmental Inc.'s (CVE:BLM) CEO Compensation PackageWe have been pretty impressed with the performance at BluMetric Environmental Inc. ( CVE:BLM ) recently and CEO Scott...
分析記事 • Mar 06BluMetric Environmental Inc.'s (CVE:BLM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?BluMetric Environmental's (CVE:BLM) stock is up by a considerable 194% over the past three months. However, we decided...
Is New 90 Day High Low • Feb 27New 90-day high: CA$0.55The company is up 224% from its price of CA$0.17 on 27 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 11% over the same period.
Reported Earnings • Feb 27First quarter 2021 earnings released: EPS CA$0.024 (vs CA$0.029 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CA$8.15m (up 29% from 1Q 2020). Net income: CA$699.8k (down 17% from 1Q 2020). Profit margin: 8.6% (down from 13% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
お知らせ • Feb 18BluMetric Environmental Inc. Appoints Ian Mor Macdonald to Board of DirectorsBluMetric Environmental Inc. appointed Mr. Ian Mor Macdonald to its Board of Directors. Mr. Macdonald is a Founder and Managing Director of Tricapital Solutions Inc. Prior to starting Tricapital Solutions, Mr. Macdonald worked in senior roles at both Bacardi International and PwC. Mr. Macdonald's appointment is subject to TSX-V approval.
分析記事 • Jan 30Is BluMetric Environmental (CVE:BLM) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Jan 30Full year 2020 earnings released: EPS CA$0.016 (vs CA$0.012 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$28.6m (up 1.3% from FY 2019). Net income: CA$471.5k (up 34% from FY 2019). Profit margin: 1.6% (up from 1.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Jan 23BluMetric Environmental Inc., Annual General Meeting, Mar 24, 2021BluMetric Environmental Inc., Annual General Meeting, Mar 24, 2021.
Is New 90 Day High Low • Jan 21New 90-day high: CA$0.23The company is up 41% from its price of CA$0.16 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 26% over the same period.
お知らせ • Oct 08BluMetric Environmental Inc. Completes COVID-19 Preparedness Contract in Nunavut for Department of EducationBluMetric Environmental Inc. completed an important project to support health and safety for students, educators and child care workers in Nunavut. BluMetric's industrial hygiene and occupational health and safety experts delivered training, technical support and logistical support for 45 schools and 58 child care facilities under the jurisdiction of Nunavut's Department of Education. The Company worked with educators and custodians to provide safe and protected environments for daily operation, and the tools to respond to evolving pandemic conditions. BluMetric supplied materials and equipment for each of the facilities and developed and delivered training in cleaning and the effective use of personal protection equipment by staff during the school term. This assignment highlighted BluMetric's ability to respond under tight timelines delivering industrial hygiene and health and safety services, while working in remote communities under challenging pandemic conditions. BluMetric recently completed a chemical inventory and management project for the Department of Education in Nunavut, and this familiarity with complexities of delivering projects in Canada's north, a niche market for BluMetric, ensured a successful project.
お知らせ • Jun 30BluMetric Environmental Inc. to Report Q2, 2020 Results on Jul 15, 2020BluMetric Environmental Inc. announced that they will report Q2, 2020 results at 1:14 PM, GMT Standard Time on Jul 15, 2020
