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DMGI

DMG Blockchain SolutionsTSXV:DMGI Stock Report

Last Price

CA$0.68

Market Cap

CA$113.6m

7D

-11.7%

1Y

-51.4%

Updated

21 Jan, 2022

Data

Company Financials +
DMGI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DMGI Stock Overview

DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company.

DMG Blockchain Solutions Competitors

Hut 8 Mining

TSX:HUT

CA$1.1b

HIVE Blockchain Technologies

TSXV:HIVE

CA$894.5m

Bitfarms

TSXV:BITF

CA$874.8m

BIGG Digital Assets

CNSX:BIGG

CA$203.2m

Price History & Performance

Summary of all time highs, changes and price drops for DMG Blockchain Solutions
Historical stock prices
Current Share PriceCA$0.68
52 Week HighCA$5.34
52 Week LowCA$0.54
Beta4.05
1 Month Change-19.05%
3 Month Change-36.45%
1 Year Change-51.43%
3 Year Change257.90%
5 Year Changen/a
Change since IPO-44.26%

Recent News & Updates

Nov 09
We're Keeping An Eye On DMG Blockchain Solutions' (CVE:DMGI) Cash Burn Rate

We're Keeping An Eye On DMG Blockchain Solutions' (CVE:DMGI) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Jun 28
Is DMG Blockchain Solutions (CVE:DMGI) In A Good Position To Invest In Growth?

Is DMG Blockchain Solutions (CVE:DMGI) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. By way of example, DMG...

Shareholder Returns

DMGICA SoftwareCA Market
7D-11.7%-6.2%-2.9%
1Y-51.4%-5.9%15.9%

Return vs Industry: DMGI underperformed the Canadian Software industry which returned -3.5% over the past year.

Return vs Market: DMGI underperformed the Canadian Market which returned 17.4% over the past year.

Price Volatility

Is DMGI's price volatile compared to industry and market?
DMGI volatility
DMGI Average Weekly Movement12.8%
Software Industry Average Movement12.3%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: DMGI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: DMGI's weekly volatility has decreased from 20% to 13% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aSheldon Bennetthttps://dmgblockchain.com

DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. It operates through data centre operations, data analytics and forensics, and developing enterprise Blockchains divisions. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem.

DMG Blockchain Solutions Fundamentals Summary

How do DMG Blockchain Solutions's earnings and revenue compare to its market cap?
DMGI fundamental statistics
Market CapCA$113.61m
Earnings (TTM)-CA$9.42m
Revenue (TTM)CA$8.22m

13.8x

P/S Ratio

-12.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DMGI income statement (TTM)
RevenueCA$8.22m
Cost of RevenueCA$6.80m
Gross ProfitCA$1.42m
ExpensesCA$10.84m
Earnings-CA$9.42m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Jan 31, 2022

Earnings per share (EPS)-0.056
Gross Margin17.32%
Net Profit Margin-114.57%
Debt/Equity Ratio0.3%

How did DMGI perform over the long term?

See historical performance and comparison

Valuation

Is DMG Blockchain Solutions undervalued compared to its fair value and its price relative to the market?

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: DMGI is good value based on its PB Ratio (1.1x) compared to the CA Software industry average (3.9x).


Future Growth

How is DMG Blockchain Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

133.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DMGI's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if DMGI's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DMGI's revenue (133.4% per year) is forecast to grow faster than the Canadian market (5.5% per year).

High Growth Revenue: DMGI's revenue (133.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DMGI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has DMG Blockchain Solutions performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DMGI is currently unprofitable.

Growing Profit Margin: DMGI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DMGI is unprofitable, but has reduced losses over the past 5 years at a rate of 6% per year.

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

Earnings vs Industry: DMGI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.4%).


Return on Equity

High ROE: DMGI has a negative Return on Equity (-9.09%), as it is currently unprofitable.


Financial Health

How is DMG Blockchain Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: DMGI's short term assets (CA$64.9M) exceed its short term liabilities (CA$4.6M).

Long Term Liabilities: DMGI's short term assets (CA$64.9M) exceed its long term liabilities (CA$87.5K).


Debt to Equity History and Analysis

Debt Level: DMGI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if DMGI's debt to equity ratio has reduced over the 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: DMGI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: DMGI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% each year


Dividend

What is DMG Blockchain Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Sheldon Bennett

3.83yrs

Tenure

CA$195,526

Compensation

Mr. Sheldon Norman Bennett serves as Chief Operating Officer of DMG Blockchain Solutions Inc. since March 2018 and serves as its Director since February 08, 2018. He serves as Chief Executive Officer at DM...


CEO Compensation Analysis

Compensation vs Market: Sheldon's total compensation ($USD156.07K) is about average for companies of similar size in the Canadian market ($USD161.11K).

Compensation vs Earnings: Sheldon's compensation has been consistent with company performance over the past year.


Leadership Team

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


Board Members

Experienced Board: DMGI's board of directors are considered experienced (3.1 years average tenure).


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 been substantially diluted in the past year, with total shares outstanding growing by 54.2%.


Top Shareholders

Company Information

DMG Blockchain Solutions Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: DMG Blockchain Solutions Inc.
  • Ticker: DMGI
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CA$113.612m
  • Shares outstanding: 167.08m
  • Website: https://dmgblockchain.com

Location

  • DMG Blockchain Solutions Inc.
  • 795 Hwy 395
  • Christina Lake
  • Grand Forks
  • British Columbia
  • V0H 1E0
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:56
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.