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BIGG

BIGG Digital Assets CNSX:BIGG Stock Report

Last Price

CA$0.36

Market Cap

CA$89.1m

7D

-4.0%

1Y

-78.8%

Updated

24 May, 2022

Data

Company Financials +
BIGG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BIGG Stock Overview

BIGG Digital Assets Inc. operates in the digital assets and blockchain technology industry.

BIGG Digital Assets Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BIGG Digital Assets
Historical stock prices
Current Share PriceCA$0.36
52 Week HighCA$2.12
52 Week LowCA$0.33
Beta2.27
1 Month Change-46.27%
3 Month Change-53.25%
1 Year Change-78.82%
3 Year Change200.00%
5 Year Changen/a
Change since IPO-83.64%

Recent News & Updates

Shareholder Returns

BIGGCA SoftwareCA Market
7D-4.0%-1.9%-0.7%
1Y-78.8%-20.6%5.2%

Return vs Industry: BIGG underperformed the Canadian Software industry which returned -17.7% over the past year.

Return vs Market: BIGG underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is BIGG's price volatile compared to industry and market?
BIGG volatility
BIGG Average Weekly Movement11.3%
Software Industry Average Movement12.2%
Market Average Movement9.8%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market4.3%

Stable Share Price: BIGG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BIGG's weekly volatility has decreased from 18% to 11% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aMark Binnshttps://biggdigitalassets.com

BIGG Digital Assets Inc. operates in the digital assets and blockchain technology industry. It operates through two segments, Blockchain Technology Development and Digital Currency Sales Brokerage. The company develops QLUE, a blockchain-agnostic search and analytics engine that enables law enforcement, RegTech, regulators, and government agencies to visually track, trace, and monitor digital currencies transactions at a forensic level; and BitRank Verified that offers a risk score for digital currencies that enables RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

BIGG Digital Assets Fundamentals Summary

How do BIGG Digital Assets's earnings and revenue compare to its market cap?
BIGG fundamental statistics
Market CapCA$89.08m
Earnings (TTM)-CA$7.04m
Revenue (TTM)CA$14.12m

6.3x

P/S Ratio

-12.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BIGG income statement (TTM)
RevenueCA$14.12m
Cost of RevenueCA$229.72k
Gross ProfitCA$13.89m
Other ExpensesCA$20.93m
Earnings-CA$7.04m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.028
Gross Margin98.37%
Net Profit Margin-49.91%
Debt/Equity Ratio0%

How did BIGG perform over the long term?

See historical performance and comparison

Valuation

Is BIGG Digital Assets undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BIGG (CA$0.36) is trading below our estimate of fair value (CA$7.57)

Significantly Below Fair Value: BIGG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BIGG is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Canadian Software industry average.

PE vs Market: BIGG is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BIGG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BIGG is good value based on its Price-To-Book Ratio (1.3x) compared to the CA Software industry average (2.4x).


Future Growth

How is BIGG Digital Assets forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


72.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIGG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: BIGG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BIGG's is expected to become profitable in the next 3 years.

Revenue vs Market: BIGG's revenue (27.6% per year) is forecast to grow faster than the Canadian market (6.4% per year).

High Growth Revenue: BIGG's revenue (27.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BIGG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has BIGG Digital Assets performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BIGG is currently unprofitable.

Growing Profit Margin: BIGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BIGG is unprofitable, but has reduced losses over the past 5 years at a rate of 10.3% per year.

Accelerating Growth: Unable to compare BIGG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BIGG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-9.1%).


Return on Equity

High ROE: BIGG has a negative Return on Equity (-10.22%), as it is currently unprofitable.


Financial Health

How is BIGG Digital Assets's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BIGG's short term assets (CA$135.1M) exceed its short term liabilities (CA$85.4M).

Long Term Liabilities: BIGG's short term assets (CA$135.1M) exceed its long term liabilities (CA$35.9K).


Debt to Equity History and Analysis

Debt Level: BIGG is debt free.

Reducing Debt: BIGG had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BIGG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BIGG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is BIGG Digital Assets's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BIGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BIGG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BIGG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIGG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BIGG has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Mark Binns

no data

Tenure

CA$260,000

Compensation

Mr. Mark Binns serves as Independent Director of DeFi Ventures Inc. since March 2022. He has been the Chief Executive Officer and Director of BIGG Digital Assets Inc. (also known as BIG Blockchain Intellig...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD202.20K) is about average for companies of similar size in the Canadian market ($USD169.88K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BIGG's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: BIGG's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BIGG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.


Top Shareholders

Company Information

BIGG Digital Assets Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BIGG Digital Assets Inc.
  • Ticker: BIGG
  • Exchange: CNSX
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CA$89.078m
  • Shares outstanding: 247.44m
  • Website: https://biggdigitalassets.com

Location

  • BIGG Digital Assets Inc.
  • 1130 West Pender Street
  • Suite 1220
  • Vancouver
  • British Columbia
  • V6E 2R1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.