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BLOK

GlobalBlock Digital Asset Trading TSXV:BLOK Stock Report

Last Price

CA$0.085

Market Cap

CA$8.9m

7D

-10.5%

1Y

-90.9%

Updated

10 Aug, 2022

Data

Company Financials
BLOK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BLOK Stock Overview

GlobalBlock Digital Asset Trading Limited develops blockchain-based software technologies and applications.

GlobalBlock Digital Asset Trading Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GlobalBlock Digital Asset Trading
Historical stock prices
Current Share PriceCA$0.085
52 Week HighCA$1.24
52 Week LowCA$0.08
Beta1.12
1 Month Change-29.17%
3 Month Change-71.67%
1 Year Change-90.86%
3 Year Change-43.33%
5 Year Change-59.52%
Change since IPO-99.99%

Recent News & Updates

Shareholder Returns

BLOKCA SoftwareCA Market
7D-10.5%0.6%1.9%
1Y-90.9%-26.5%-1.1%

Return vs Industry: BLOK underperformed the Canadian Software industry which returned -27.5% over the past year.

Return vs Market: BLOK underperformed the Canadian Market which returned -2% over the past year.

Price Volatility

Is BLOK's price volatile compared to industry and market?
BLOK volatility
BLOK Average Weekly Movement27.6%
Software Industry Average Movement13.5%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.4%
10% least volatile stocks in CA Market4.3%

Stable Share Price: BLOK is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 28% a week.

Volatility Over Time: BLOK's weekly volatility has increased from 23% to 28% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aT. Roundhttps://www.globalblockdigital.com

GlobalBlock Digital Asset Trading Limited develops blockchain-based software technologies and applications. The company was formerly known as Helix Applications Inc. and changed its name to GlobalBlock Digital Asset Trading Limited in July 2021. GlobalBlock Digital Asset Trading Limited is headquartered in London, the United Kingdom.

GlobalBlock Digital Asset Trading Fundamentals Summary

How do GlobalBlock Digital Asset Trading's earnings and revenue compare to its market cap?
BLOK fundamental statistics
Market CapCA$8.92m
Earnings (TTM)-CA$37.63m
Revenue (TTM)CA$1.94m

4.6x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLOK income statement (TTM)
RevenueCA$1.94m
Cost of RevenueCA$2.34m
Gross Profit-CA$395.61k
Other ExpensesCA$37.24m
Earnings-CA$37.63m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.36
Gross Margin-20.34%
Net Profit Margin-1,935.26%
Debt/Equity Ratio0.0%

How did BLOK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BLOK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BLOK?

Other financial metrics that can be useful for relative valuation.

BLOK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.6x
Enterprise Value/EBITDA-2.8x
PEG Ration/a

Price to Sales Ratio vs Peers

How does BLOK's PS Ratio compare to its peers?

BLOK PS Ratio vs Peers
The above table shows the PS ratio for BLOK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average7x
LUXX Luxxfolio Holdings
1x14.4%CA$12.1m
LITE SpotLite360 IOT Solutions
6.5xn/aCA$7.7m
CODE Cypher Metaverse
20.2xn/aCA$5.1m
TSF TraceSafe
0.3xn/aCA$5.4m
BLOK GlobalBlock Digital Asset Trading
4.6xn/aCA$8.9m

Price-To-Sales vs Peers: BLOK is good value based on its Price-To-Sales Ratio (4.6x) compared to the peer average (7x).


Price to Earnings Ratio vs Industry

How does BLOK's PE Ratio compare vs other companies in the CA Software Industry?

Price-To-Sales vs Industry: BLOK is expensive based on its Price-To-Sales Ratio (4.6x) compared to the Canadian Software industry average (4x)


Price to Sales Ratio vs Fair Ratio

What is BLOK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BLOK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BLOK's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BLOK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BLOK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BLOK'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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Future Growth

How is GlobalBlock Digital Asset Trading forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.7%

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 GlobalBlock Digital Asset Trading 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

  • Examine GlobalBlock Digital Asset Trading's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • GlobalBlock Digital Asset Trading competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has GlobalBlock Digital Asset Trading performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-39.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BLOK is currently unprofitable.

Growing Profit Margin: BLOK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLOK is unprofitable, and losses have increased over the past 5 years at a rate of 39.8% per year.

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

Earnings vs Industry: BLOK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (26.3%).


Return on Equity

High ROE: BLOK has a negative Return on Equity (-338.5%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is GlobalBlock Digital Asset Trading's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BLOK's short term assets (CA$46.5M) exceed its short term liabilities (CA$43.4M).

Long Term Liabilities: BLOK's short term assets (CA$46.5M) exceed its long term liabilities (CA$346.6K).


Debt to Equity History and Analysis

Debt Level: BLOK is debt free.

Reducing Debt: BLOK currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: BLOK has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BLOK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.6% each year


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Dividend

What is GlobalBlock Digital Asset Trading current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BLOK'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 BLOK has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

T. Round

2.83yrs

Tenure

CA$159,108

Compensation

Mr. T. Rufus Round serves as Chief Executive Officer at GlobalBlock Digital Asset Trading Limited (formerly known as Helix Applications Inc.) and has been its Director since June 2018. He served as Interim...


CEO Compensation Analysis

Compensation vs Market: T.'s total compensation ($USD124.66K) is below average for companies of similar size in the Canadian market ($USD186.28K).

Compensation vs Earnings: T.'s compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BLOK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: BLOK's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GlobalBlock Digital Asset Trading Limited's employee growth, exchange listings and data sources


Key Information

  • Name: GlobalBlock Digital Asset Trading Limited
  • Ticker: BLOK
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CA$8.921m
  • Shares outstanding: 104.95m
  • Website: https://www.globalblockdigital.com

Location

  • GlobalBlock Digital Asset Trading Limited
  • 65 Curzon Street
  • London
  • Greater London
  • W1J 8PE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.