TSXV:BKMT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Blockmint Technologies

Executive Summary

BlockMint Technologies Inc. through its subsidiaries develops distributed systems and networks to enable decentralized deployment of blockchain based applications.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Blockmint Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

BKMT

7.7%

CA Software

1.9%

CA Market


1 Year Return

64.3%

BKMT

24.7%

CA Software

-14.9%

CA Market

Return vs Industry: BKMT exceeded the Canadian Software industry which returned 24.7% over the past year.

Return vs Market: BKMT exceeded the Canadian Market which returned -14.9% over the past year.


Shareholder returns

BKMTIndustryMarket
7 Day0%7.7%1.9%
30 Day64.3%19.2%3.0%
90 Dayn/a10.7%-16.6%
1 Year64.3%64.3%25.2%24.7%-11.9%-14.9%
3 Yearn/a68.0%64.3%-2.7%-11.8%
5 Yearn/a135.9%127.8%11.3%-4.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Blockmint Technologies undervalued compared to its fair value and its price relative to the market?

1.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BKMT is good value based on its PB Ratio (1.2x) compared to the CA Software industry average (2.9x).


Next Steps

Future Growth

How is Blockmint Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

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 Blockmint Technologies 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 Blockmint Technologies performed over the past 5 years?

-127.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BKMT is currently unprofitable.

Growing Profit Margin: BKMT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if BKMT's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: BKMT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.8%).


Return on Equity

High ROE: BKMT has a negative Return on Equity (-140.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Blockmint Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: BKMT's short term assets ($3.0M) exceed its short term liabilities ($24.4K).

Long Term Liabilities: BKMT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BKMT is debt free.

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

Forecast Cash Runway: BKMT has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 91.2% each year.


Next Steps

Dividend

What is Blockmint Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.3yrs

Average board tenure


CEO

Nelson Ijih

no data

Tenure

Mr. Nelson Ijih is the Chief Executive Officer, Chief Technology Officer and Director at Blockmint Technologies Inc. Mr. Ijih has over ten years of hardware, firmware, software development and firmware sec ...


Board Members

NamePositionTenureCompensationOwnership
Nelson Ijih
CEO, CTO & Directorno datano data6.08% $309.7k
Jeffrey Lightfoot
Independent Director1.25yrsno data1.01% $51.7k
David Patterson
Independent Director1.25yrsno data0.14% $7.2k
Colin Watt
Non-Executive Director1.25yrsno data0.43% $22.0k
Oscar Salazar
Member of Advisory Boardno datano datano data
Philip Eytan
Member of Advisory Boardno datano datano data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Board: BKMT's board of directors are not considered experienced ( 1.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Blockmint Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blockmint Technologies Inc.
  • Ticker: BKMT
  • Exchange: TSXV
  • Founded: 2017
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$5.091m
  • Shares outstanding: 44.27m
  • Website: https://www.blockmint.ai

Location

  • Blockmint Technologies Inc.
  • 595 Burrard Street
  • 29th Floor
  • Vancouver
  • British Columbia
  • V7X 1J5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKMTTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2019
BKLI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2019

Biography

BlockMint Technologies Inc. through its subsidiaries develops distributed systems and networks to enable decentralized deployment of blockchain based applications. The company was incorporated in 2017 and 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 Analysis2020/05/24 05:35
End of Day Share Price2020/05/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.