View Future GrowthBluMetric Environmental 과거 순이익 실적과거 기준 점검 0/6BluMetric Environmental 의 수입은 연평균 -75.2%의 비율로 감소해 온 반면, Commercial Services 산업은 연평균 12.2%의 비율로 증가했습니다. 매출은 연평균 14.1%의 비율로 증가해 왔습니다.핵심 정보-75.21%순이익 성장률-73.52%주당순이익(EPS) 성장률Commercial Services 산업 성장률7.30%매출 성장률14.13%자기자본이익률-11.31%순이익률-5.36%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported 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.공시 • 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.공시 • 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.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.모든 업데이트 보기Recent 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.공시 • 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.공시 • 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).공시 • 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.공시 • 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.공시 • 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).공시 • 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 144A분석 기사 • 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...분석 기사 • 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.분석 기사 • 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).분석 기사 • 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...분석 기사 • 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...공시 • 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.분석 기사 • 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...새로운 내러티브 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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).공시 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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).공시 • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.공시 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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.공시 • 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.분석 기사 • 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.공시 • 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.공시 • 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.공시 • 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, 2020매출 및 비용 세부 내역BluMetric Environmental가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSXV:BLM 매출, 비용 및 순이익 (CAD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2671-425031 Dec 2569-322030 Sep 2563-220030 Jun 2556017031 Mar 2549015031 Dec 2440014030 Sep 2435013030 Jun 2434112031 Mar 2433012031 Dec 2333012030 Sep 2335111030 Jun 2335010031 Mar 233618031 Dec 223717030 Sep 223416030 Jun 223426031 Mar 223435031 Dec 213545030 Sep 213545030 Jun 213645031 Mar 213545031 Dec 203005030 Sep 202905030 Jun 2025-15031 Mar 2025-15031 Dec 192715030 Sep 192805030 Jun 193035031 Mar 193235031 Dec 183236030 Sep 183236030 Jun 183106031 Mar 183006031 Dec 173006030 Sep 173105030 Jun 173005031 Mar 173115031 Dec 163215030 Sep 163115030 Jun 163316031 Mar 163416031 Dec 153416030 Sep 153316030 Jun 1531-560양질의 수익: BLM 은(는) 현재 수익성이 없습니다.이익 마진 증가: BLM는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: BLM은 수익성이 없으며 지난 5년 동안 손실이 연평균 75.2% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 BLM의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: BLM은 수익성이 없어 지난 해 수익 성장률을 Commercial Services 업계(9.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: BLM는 현재 수익성이 없으므로 자본 수익률이 음수(-11.31%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCommercial-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 16:40종가2026/06/19 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BluMetric Environmental Inc.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Stephen KammermayerClarus Securities Inc.
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.
공시 • 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.
공시 • 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.
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.
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.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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).
분석 기사 • 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...
분석 기사 • 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...
공시 • 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.
분석 기사 • 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...
새로운 내러티브 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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).
공시 • Jan 13BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024BluMetric Environmental Inc., Annual General Meeting, Mar 20, 2024.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
공시 • 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.
공시 • 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.
공시 • 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
