DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
  • Stocks
  • /
  • Software
Updated 2y ago
GRDI logo

Griid Infrastructure Inc.NEOE:GRDI Stock Report

Market Cap CA$98.5m
Updated 2y ago
Share Price
n/a
1Y-90.8%
7D1.5%
1D0%
Portfolio Value
​
View

Griid Infrastructure Inc.

NEOE:GRDI Stock Report

Market Cap: CA$98.5m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Griid Infrastructure (GRDI) Stock Overview

Operates as a vertically integrated bitcoin mining company in North America. More details

GRDI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

Rewards

Price-To-Earnings ratio (3.3x) is below the Canadian market (15.4x)

Became profitable this year

Risk Analysis

Negative shareholders equity

Debt is not well covered by operating cash flow

Shares are highly illiquid

Does not have a meaningful market cap (CA$98M)

+ 1 more risk

GRDI Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW437,476 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
437,476 investors already sharing narratives
CA$
Current Price
CA$1.37124.6% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-70m29m2016201920222025202620282031Revenue US$20.9mEarnings US$21.6m
Advanced
View all narratives

Griid Infrastructure Inc. Competitors

Zoomd Technologies

Symbol: TSXV:ZOMD
Market cap: CA$43.5m

BeWhere Holdings

Symbol: TSXV:BEW
Market cap: CA$68.9m

NamSys

Symbol: TSXV:CTZ
Market cap: CA$31.7m

NTG Clarity Networks

Symbol: TSXV:NCI
Market cap: CA$22.1m

Price History & Performance

Summary of share price highs, lows and changes for Griid Infrastructure
Historical stock prices
Current Share PriceCA$1.37
52 Week HighCA$16.82
52 Week LowCA$0.02
Beta-1.13
1 Month Change26.85%
3 Month Change-8.67%
1 Year Change-90.78%
3 Year Change-88.67%
5 Year Changen/a
Change since IPO-88.87%

Recent News & Updates

Recent updates

Shareholder Returns

GRDICA SoftwareCA Market
7D1.5%-8.6%-2.5%
1Y-90.8%-35.4%21.7%

Return vs Industry: GRDI underperformed the Canadian Software industry which returned 46.9% over the past year.

Return vs Market: GRDI underperformed the Canadian Market which returned 27.3% over the past year.

Price Volatility

Is GRDI's price volatile compared to industry and market?
GRDI volatility
GRDI Average Weekly Movementn/a
Software Industry Average Movement10.8%
Market Average Movement9.4%
10% most volatile stocks in CA Market16.5%
10% least volatile stocks in CA Market3.7%

Stable Share Price: GRDI's share price has been volatile over the past 3 months compared to the Canadian market.

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

About the Company

FoundedEmployeesCEOWebsite
201847Trey Kellywww.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

How do Griid Infrastructure's earnings and revenue compare to its market cap?
GRDI fundamental statistics
Market capCA$98.47m
Earnings (TTM)CA$30.07m
Revenue (TTM)CA$29.13m
3.3x
P/E Ratio
3.4x
P/S Ratio

Is GRDI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRDI income statement (TTM)
RevenueUS$20.94m
Cost of RevenueUS$20.84m
Gross ProfitUS$99.00k
Other Expenses-US$21.52m
EarningsUS$21.62m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin0.47%
Net Profit Margin103.23%
Debt/Equity Ratio-72.1%

How did GRDI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/30 09:05
End of Day Share Price 2024/10/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Griid Infrastructure Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide