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Cathedra Bitcoin TSXV:CBIT Stock Report

Last Price

CA$0.10

Market Cap

CA$23.7m

7D

0%

1Y

-16.7%

Updated

28 Mar, 2024

Data

Company Financials +

CBIT Stock Overview

Cathedra Bitcoin Inc. operates as a bitcoin mining company in the United States.

CBIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Cathedra Bitcoin Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cathedra Bitcoin
Historical stock prices
Current Share PriceCA$0.10
52 Week HighCA$0.23
52 Week LowCA$0.083
Beta3.26
1 Month Change5.26%
3 Month Change-18.37%
1 Year Change-16.67%
3 Year Change-84.85%
5 Year Change-28.57%
Change since IPO-37.50%

Recent News & Updates

Recent updates

Cathedra Bitcoin Inc.'s (CVE:CBIT) Popularity With Investors Under Threat As Stock Sinks 30%

May 12
Cathedra Bitcoin Inc.'s (CVE:CBIT) Popularity With Investors Under Threat As Stock Sinks 30%

Fortress Technologies' (CVE:FORT) Earnings Are Built On Soft Foundations

May 06
Fortress Technologies' (CVE:FORT) Earnings Are Built On Soft Foundations

Companies Like Fortress Technologies (CVE:FORT) Can Afford To Invest In Growth

Feb 21
Companies Like Fortress Technologies (CVE:FORT) Can Afford To Invest In Growth

Shareholder Returns

CBITCA SoftwareCA Market
7D0%0.4%0.4%
1Y-16.7%38.3%9.0%

Return vs Industry: CBIT underperformed the Canadian Software industry which returned 38.3% over the past year.

Return vs Market: CBIT underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is CBIT's price volatile compared to industry and market?
CBIT volatility
CBIT Average Weekly Movement14.6%
Software Industry Average Movement8.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: CBIT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/aAJ Scaliahttps://www.cathedra.com

Cathedra Bitcoin Inc. operates as a bitcoin mining company in the United States. It develops and operates bitcoin mining infrastructure; and data centers. The company was formerly known as Fortress Technologies Inc. and changed its name to Cathedra Bitcoin Inc. in December 2021.

Cathedra Bitcoin Inc. Fundamentals Summary

How do Cathedra Bitcoin's earnings and revenue compare to its market cap?
CBIT fundamental statistics
Market capCA$23.72m
Earnings (TTM)-CA$32.20m
Revenue (TTM)CA$9.35m

2.5x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CBIT income statement (TTM)
RevenueCA$9.35m
Cost of RevenueCA$6.27m
Gross ProfitCA$3.08m
Other ExpensesCA$35.27m
Earnings-CA$32.20m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin32.91%
Net Profit Margin-344.45%
Debt/Equity Ratio-7,411.5%

How did CBIT perform over the long term?

See historical performance and comparison
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