Executive Summary
BIGG Digital Assets Inc. develops blockchain search and analytics operations for financial and e-commerce enterprises worldwide. More Details
Risk Analysis
+ 2 more risks
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has BIGG Digital Assets's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIGG is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: BIGG's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
-10.0%
BIGG
4.8%
CA Software
-0.2%
CA Market
1 Year Return
1,025.0%
BIGG
44.5%
CA Software
1.4%
CA Market
Return vs Industry: BIGG exceeded the Canadian Software industry which returned 44.5% over the past year.
Return vs Market: BIGG exceeded the Canadian Market which returned 1.4% over the past year.
Shareholder returns
| BIGG | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.0% | 4.8% | -0.2% |
| 30 Day | -7.2% | 5.7% | 2.8% |
| 90 Day | 87.5% | 29.1% | 12.4% |
| 1 Year | 1,025.0%1,025.0% | 45.1%44.5% | 5.0%1.4% |
| 3 Year | -68.3%-68.3% | 76.9%73.1% | 13.4%2.7% |
| 5 Year | n/a | 177.2%168.1% | 59.7%35.2% |
Long-Term Price Volatility Vs. Market
How volatile is BIGG Digital Assets's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is BIGG Digital Assets (CSE:BIGG) In A Good Position To Invest In Growth?9 months ago | Simply Wall St
We're A Little Worried About BIGG Digital Assets's (CSE:BIGG) Cash Burn Rate10 months ago | Simply Wall St
Do Insiders Own Shares In BIGG Digital Assets Inc. (CSE:BIGG)?Valuation
Is BIGG Digital Assets undervalued compared to its fair value and its price relative to the market?
10.21x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BIGG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BIGG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BIGG is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.
PE vs Market: BIGG is unprofitable, so we can't compare its PE 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 overvalued based on its PB Ratio (10.2x) compared to the CA Software industry average (7.7x).
Next Steps
Future Growth
How is BIGG Digital Assets forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.3%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BIGG Digital Assets has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine BIGG Digital Assets's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- BIGG Digital Assets competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has BIGG Digital Assets performed over the past 5 years?
-15.9%
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, and losses have increased over the past 5 years at a rate of 15.9% 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 (25.3%).
Return on Equity
High ROE: BIGG has a negative Return on Equity (-74.97%), as it is currently unprofitable.
Next Steps
Financial Health
How is BIGG Digital Assets's financial position?
Financial Position Analysis
Short Term Liabilities: BIGG's short term assets (CA$5.5M) exceed its short term liabilities (CA$2.6M).
Long Term Liabilities: BIGG has no long term liabilities.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIGG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.6% each year
Next Steps
Dividend
What is BIGG Digital Assets's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BIGG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Mark Binns
1.42yrs
Tenure
CA$173,333
Compensation
Mr. Mark Binns has been the Chief Executive Officer and Director of BIGG Digital Assets Inc. (also known as BIG Blockchain Intelligence Group Inc) since August 8, 2019. Mr. Binns served as President and Ch...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD136.21K) is about average for companies of similar size in the Canadian market ($USD152.85K).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.42yrs | CA$173.33k | 0.73% CA$ 571.5k | |
| Co-Founder | 3.17yrs | CA$239.93k | 5.62% CA$ 4.4m | |
| Co-Founder & Independent Director | 3.17yrs | CA$422.12k | 5.37% CA$ 4.2m | |
| CFO & Director | 3.17yrs | CA$211.41k | 0.89% CA$ 690.8k | |
| Chief Operating Officer | 1.42yrs | CA$152.15k | no data | |
| Director of Strategy and Corporate Development | 3.08yrs | no data | no data | |
| Head of AI Department | 2.92yrs | no data | no data | |
| President of Netcoins & Director | 0.42yr | no data | 0.36% CA$ 281.8k |
2.2yrs
Average Tenure
Experienced Management: BIGG's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.42yrs | CA$173.33k | 0.73% CA$ 571.5k | |
| Co-Founder | 3.17yrs | CA$239.93k | 5.62% CA$ 4.4m | |
| Co-Founder & Independent Director | 3.17yrs | CA$422.12k | 5.37% CA$ 4.2m | |
| CFO & Director | 3.17yrs | CA$211.41k | 0.89% CA$ 690.8k | |
| President of Netcoins & Director | 0.42yr | no data | 0.36% CA$ 281.8k | |
| Independent Director | 3.17yrs | CA$6.00k | no data | |
| Independent Director | 3.17yrs | CA$6.00k | no data |
3.2yrs
Average Tenure
45yo
Average Age
Experienced Board: BIGG's board of directors are considered experienced (3.2 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 19.8%.
Top Shareholders
Company Information
BIGG Digital Assets Inc.'s company bio, 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
- Market Cap: CA$77.970m
- Shares outstanding: 171.36m
- Website: https://www.biggdigitalassets.com
Location
- BIGG Digital Assets Inc.
- 1199 West Pender Street
- Suite 410
- Vancouver
- British Columbia
- V6E 2R1
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BBKC.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Dec 2017 |
| BIGG | CNSX (Canadian National Stock Exchange) | Yes | Common Shares | CA | CAD | Dec 2017 |
| 7111 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 2017 |
Biography
BIGG Digital Assets Inc. develops blockchain search and analytics operations for financial and e-commerce enterprises worldwide. It operates in two segments, Blockchain Technology Development and Digital C...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 00:25 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.