MWRK Stock Overview
MetaWorks Platforms Inc. provides turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations.
MetaWorks Platforms Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.08|
|52 Week High||CA$0.56|
|52 Week Low||CA$0.005|
|1 Month Change||-20.00%|
|3 Month Change||-11.11%|
|1 Year Change||-83.67%|
|3 Year Change||-46.67%|
|5 Year Change||n/a|
|Change since IPO||-77.78%|
Recent News & Updates
|MWRK||CA Software||CA Market|
Return vs Industry: MWRK underperformed the Canadian Software industry which returned -40% over the past year.
Return vs Market: MWRK underperformed the Canadian Market which returned -7.3% over the past year.
|MWRK Average Weekly Movement||45.7%|
|Software Industry Average Movement||11.7%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||18.2%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: MWRK is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 46% a week.
Volatility Over Time: MWRK's weekly volatility has increased from 29% to 46% over the past year.
About the Company
MetaWorks Platforms Inc. provides turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. It offers business development and technical services; blockchain and technology program management services comprises product vision and road-mapping, program development and project management, and product development and testing services; customer development services, such as customer discovery and scoping and product commercialization and support; business launch; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms Inc. in August 2022.
MetaWorks Platforms Fundamentals Summary
|MWRK fundamental statistics|
Is MWRK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MWRK income statement (TTM)|
|Cost of Revenue||US$2.85m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.0054|
|Net Profit Margin||23.04%|
How did MWRK perform over the long term?See historical performance and comparison
Is MWRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MWRK?
Other financial metrics that can be useful for relative valuation.
|What is MWRK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MWRK's PE Ratio compare to its peers?
|MWRK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
NDA Neptune Digital Assets
NCI NTG Clarity Networks
MWRK MetaWorks Platforms
Price-To-Earnings vs Peers: MWRK is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (15.7x).
Price to Earnings Ratio vs Industry
How does MWRK's PE Ratio compare vs other companies in the CA Software Industry?
Price-To-Earnings vs Industry: MWRK is good value based on its Price-To-Earnings Ratio (10.9x) compared to the North American Software industry average (38.9x)
Price to Earnings Ratio vs Fair Ratio
What is MWRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.9x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MWRK's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MWRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MWRK's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MWRK's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is MetaWorks Platforms forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 MetaWorks Platforms 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.
Discover growth companies
- MetaWorks Platforms competitive advantages and company strategy can generally be found in its financial reports archived here.
How has MetaWorks Platforms performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MWRK has high quality earnings.
Growing Profit Margin: MWRK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MWRK has become profitable over the past 5 years, growing earnings by -30.3% per year.
Accelerating Growth: MWRK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MWRK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.8%).
Return on Equity
High ROE: MWRK's Return on Equity (-6.9%) is considered low.
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How is MetaWorks Platforms's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MWRK's short term assets ($281.0K) do not cover its short term liabilities ($1.2M).
Long Term Liabilities: MWRK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MWRK has more cash than its total debt.
Reducing Debt: MWRK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MWRK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MWRK's interest payments on its debt are well covered by EBIT.
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What is MetaWorks Platforms's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|MetaWorks Platforms Dividend Yield vs Market|
|Company (MetaWorks Platforms)||n/a|
|Market Bottom 25% (CA)||2.0%|
|Market Top 25% (CA)||6.0%|
|Industry Average (Software)||0.4%|
|Analyst forecast in 3 Years (MetaWorks Platforms)||n/a|
Notable Dividend: Unable to evaluate MWRK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MWRK'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 MWRK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MWRK'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 MWRK has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
MetaWorks Platforms has no CEO, or we have no data on them.
Experienced Board: MWRK's board of directors are considered experienced (4.8 years average tenure).
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.
Recent Insider Transactions
|28 Jan 22||BuyCA$21,692||Cameron Chell||Individual||83,007||CA$0.26|
|28 Jan 22||BuyCA$21,054||James Geiskopf||Individual||80,566||CA$0.26|
|28 Jan 22||BuyCA$21,054||Swapan Kakumanu||Individual||80,566||CA$0.26|
|29 Dec 21||BuyCA$17,000||Cameron Chell||Individual||59,027||CA$0.29|
|29 Dec 21||BuyCA$21,132||James Geiskopf||Individual||57,291||CA$0.37|
|29 Dec 21||BuyCA$21,132||Swapan Kakumanu||Individual||57,291||CA$0.37|
|23 Nov 21||BuyCA$19,800||Cameron Chell||Individual||60,000||CA$0.33|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
MetaWorks Platforms, Inc.'s employee growth, exchange listings and data sources
- Name: MetaWorks Platforms, Inc.
- Ticker: MWRK
- Exchange: CNSX
- Founded: 2010
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$6.252m
- Shares outstanding: 78.15m
- Website: https://currencyworks.io
Number of Employees
- MetaWorks Platforms, Inc.
- 3250 Oakland Hills Court
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MWRK||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Oct 2013|
|MWRK||CNSX (Canadian National Stock Exchange)||Yes||Common Stock||CA||CAD||Oct 2013|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/27 00:00|
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.