CNSX:XBLK

Stock Analysis Report

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eXeBlock Technology

Executive Summary

eXeBlock Technology Corporation develops and markets decentralized applications. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has eXeBlock Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine XBLK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine XBLK's volatility change over the past year.


Market Performance


7 Day Return

0%

XBLK

4.8%

CA Software

-0.2%

CA Market


1 Year Return

116.7%

XBLK

44.5%

CA Software

1.4%

CA Market

Return vs Industry: XBLK exceeded the Canadian Software industry which returned 44.5% over the past year.

Return vs Market: XBLK exceeded the Canadian Market which returned 1.4% over the past year.


Shareholder returns

XBLKIndustryMarket
7 Day0%4.8%-0.2%
30 Day0%5.7%2.8%
90 Day0%29.1%12.4%
1 Year116.7%116.7%45.1%44.5%5.0%1.4%
3 Year-89.8%-89.8%76.9%73.1%13.4%2.7%
5 Yearn/a177.2%168.1%59.7%35.2%

Long-Term Price Volatility Vs. Market

How volatile is eXeBlock Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is eXeBlock Technology undervalued compared to its fair value and its price relative to the market?

2.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: XBLK is good value based on its PB Ratio (2.7x) compared to the CA Software industry average (7.7x).


Next Steps

Future Growth

How is eXeBlock Technology 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 eXeBlock Technology 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 eXeBlock Technology performed over the past 5 years?

30.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: XBLK is currently unprofitable.

Growing Profit Margin: XBLK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if XBLK's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: XBLK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (25.3%).


Return on Equity

High ROE: XBLK has a negative Return on Equity (-23.47%), as it is currently unprofitable.


Next Steps

Financial Health

How is eXeBlock Technology's financial position?


Financial Position Analysis

Short Term Liabilities: XBLK's short term assets (CA$1.3M) exceed its short term liabilities (CA$59.8K).

Long Term Liabilities: XBLK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: XBLK is debt free.

Reducing Debt: XBLK has not had any debt for past 5 years.


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: XBLK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: XBLK has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 41.4% each year.


Next Steps

Dividend

What is eXeBlock Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate XBLK'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 XBLK's dividends per share have been stable in the past.

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

3.3yrs

Average board tenure


CEO

Jamie Davison

no data

Tenure

CA$158,438

Compensation

Mr. Jamie Davison serves as Chief Executive Officer at eXeBlock Technology Corporation and served as its Advisor since August 2019. He served as President and Chief Executive Officer of eXeBlock Technology...


CEO Compensation Analysis

Compensation vs Market: Jamie's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD152.85K).

Compensation vs Earnings: Insufficient data to compare Jamie's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Ken Marshall
President & Director1.5yrsno data0.19%
CA$ 6.5k
Ian Klassen
Director3.33yrsCA$122.59kno data
William Sheppard
Directorno dataCA$109.54kno data
Paul Thomson
Independent Director3.33yrsCA$44.54kno data

3.3yrs

Average Tenure

53yo

Average Age

Experienced Board: XBLK's board of directors are considered experienced (3.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

eXeBlock Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eXeBlock Technology Corporation
  • Ticker: XBLK
  • Exchange: CNSX
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$3.480m
  • Shares outstanding: 53.54m
  • Website: https://www.exeblock.com

Location

  • eXeBlock Technology Corporation
  • 1090 West Georgia Street
  • Suite 280
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1DFDB (Deutsche Boerse AG)YesNew Common StockDEEURNov 2017
XBLKCNSX (Canadian National Stock Exchange)YesNew Common StockCACADNov 2017
EXXB.FOTCPK (Pink Sheets LLC)YesNew Common StockUSUSDNov 2017

Biography

eXeBlock Technology Corporation develops and markets decentralized applications. The company is based in Vancouver, Canada.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 00:43
End of Day Share Price2020/12/04 00:00
Earnings2020/08/31
Annual Earnings2020/08/31


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.