GRDI Stock Overview
Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Griid Infrastructure Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.50 |
| 52 Week High | CA$16.82 |
| 52 Week Low | CA$1.25 |
| Beta | -1.12 |
| 1 Month Change | 7.14% |
| 3 Month Change | -82.14% |
| 1 Year Change | -89.39% |
| 3 Year Change | -87.43% |
| 5 Year Change | n/a |
| Change since IPO | -87.81% |
Recent News & Updates
Recent updates
Shareholder Returns
| GRDI | CA Software | CA Market | |
|---|---|---|---|
| 7D | 11.1% | -0.9% | 0.7% |
| 1Y | -89.4% | 28.7% | 4.9% |
Return vs Industry: GRDI underperformed the Canadian Software industry which returned 30.5% over the past year.
Return vs Market: GRDI underperformed the Canadian Market which returned 5.5% over the past year.
Price Volatility
| GRDI volatility | |
|---|---|
| GRDI Average Weekly Movement | 25.0% |
| Software Industry Average Movement | 9.0% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: GRDI's share price has been volatile over the past 3 months.
Volatility Over Time: GRDI's weekly volatility (25%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 44 | Trey Kelly | www.griid.com |
Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency.
Griid Infrastructure Inc. Fundamentals Summary
| GRDI fundamental statistics | |
|---|---|
| Market cap | CA$104.81m |
| Earnings (TTM) | -CA$25.49m |
| Revenue (TTM) | CA$26.81m |
3.9x
P/S Ratio-4.1x
P/E RatioIs GRDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRDI income statement (TTM) | |
|---|---|
| Revenue | US$19.62m |
| Cost of Revenue | US$21.02m |
| Gross Profit | -US$1.39m |
| Other Expenses | US$17.26m |
| Earnings | -US$18.66m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.27 |
| Gross Margin | -7.11% |
| Net Profit Margin | -95.07% |
| Debt/Equity Ratio | -120.3% |
How did GRDI perform over the long term?
See historical performance and comparison