CNSX:CK

Stock Analysis Report

Cascadia Blockchain Group

Executive Summary

Cascadia Blockchain Group Corp. engages in the development of block chain technology platform in the digital asset and cryptocurrency sectors.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Cascadia Blockchain Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-18.4%

CK

-2.9%

CA Software

0.1%

CA Market


1 Year Return

100.0%

CK

16.5%

CA Software

4.7%

CA Market

Return vs Industry: CK exceeded the Canadian Software industry which returned 16.5% over the past year.

Return vs Market: CK exceeded the Canadian Market which returned 4.7% over the past year.


Shareholder returns

CKIndustryMarket
7 Day-18.4%-2.9%0.1%
30 Day-7.0%-0.06%0.8%
90 Day233.3%5.6%3.7%
1 Year100.0%100.0%18.6%16.5%7.9%4.7%
3 Year-37.5%-37.5%88.4%83.8%17.9%7.3%
5 Yearn/a129.8%122.4%33.8%14.4%

Price Volatility Vs. Market

How volatile is Cascadia Blockchain Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cascadia Blockchain Group undervalued compared to its fair value and its price relative to the market?

10.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CK is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: CK 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 CK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CK is overvalued based on its PB Ratio (10.3x) compared to the CA Software industry average (3.1x).


Next Steps

Future Growth

How is Cascadia Blockchain Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

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 Cascadia Blockchain Group 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

Past Performance

How has Cascadia Blockchain Group performed over the past 5 years?

-52.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CK is currently unprofitable.

Growing Profit Margin: CK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CK is unprofitable, and losses have increased over the past 5 years at a rate of -52.2% per year.

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

Earnings vs Industry: CK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.3%).


Return on Equity

High ROE: CK has a negative Return on Equity (-190.9%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cascadia Blockchain Group's financial position?


Financial Position Analysis

Short Term Liabilities: CK's short term assets (CA$1.5M) exceed its short term liabilities (CA$92.2K).

Long Term Liabilities: CK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CK is debt free.

Reducing Debt: CK currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Inventory Level: CK has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CK's debt is covered by short term assets.


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: CK has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CK has less than a year of cash runway if free cash flow continues to reduce at historical rates of -45.6% each year


Next Steps

Dividend

What is Cascadia Blockchain Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CK'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 CK'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?

0.4yrs

Average management tenure


CEO

Danny Deng (38yo)

0.4yrs

Tenure

Mr. Di Deng, also known as Danny, has been Chairman of the Board of Directors, President and Chief Executive Officer at Cascadia Blockchain Group Corp. (formerly known as Cascadia Consumer Electronics Corp ...


CEO Compensation Analysis

Compensation vs Market: Danny's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Danny's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Di Deng
Chairman0.4yrsno data49.63% CA$7.1m
Cong Chen
Interim CFO & Corporate Secretary0.3yrsCA$140.00kno data
Tilektes Adambekov
Chief Executive Officer of Eurasia1.1yrsno datano data

0.4yrs

Average Tenure

Experienced Management: CK's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Di Deng
Chairman0.4yrsno data49.63% CA$7.1m
Shanshan Zhu
Independent Director4yrsno data3.8% CA$547.6k
Hanxuan Wu
Director0.4yrsno datano data

0.4yrs

Average Tenure

34yo

Average Age

Experienced Board: CK's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

Cascadia Blockchain Group Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cascadia Blockchain Group Corp.
  • Ticker: CK
  • Exchange: CNSX
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$14.395m
  • Shares outstanding: 71.98m
  • Website: https://www.cascadiacorp.com

Location

  • Cascadia Blockchain Group Corp.
  • 701 West Georgia Street
  • Suite 1552
  • Vancouver
  • British Columbia
  • V7Y 1C6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CKCNSX (Canadian National Stock Exchange)COM NPVCACADNo data
CKCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015

Biography

Cascadia Blockchain Group Corp. engages in the development of block chain technology platform in the digital asset and cryptocurrency sectors. The company was formerly known as Cascadia Consumer Electronics Corp. and changed its name to Cascadia Blockchain Group Corp. in September 2018. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 02:18
End of Day Share Price2020/02/18 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.