Executive Summary
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. More Details
Snowflake Analysis
Adequate balance sheet and overvalued.
Similar Companies
Share Price & News
How has DMG Blockchain Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DMGI is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 29% a week.
Volatility Over Time: DMGI's weekly volatility (29%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
-24.3%
DMGI
-7.2%
CA Software
1.2%
CA Market
1 Year Return
690.9%
DMGI
37.6%
CA Software
35.5%
CA Market
Return vs Industry: DMGI exceeded the Canadian Software industry which returned 37.6% over the past year.
Return vs Market: DMGI exceeded the Canadian Market which returned 35.5% over the past year.
Shareholder returns
| DMGI | Industry | Market | |
|---|---|---|---|
| 7 Day | -24.3% | -7.2% | 1.2% |
| 30 Day | -56.5% | -11.3% | 1.7% |
| 90 Day | -41.2% | -8.6% | 6.8% |
| 1 Year | 690.9%690.9% | 43.7%37.6% | 39.9%35.5% |
| 3 Year | 117.5%117.5% | 65.0%55.7% | 29.4%17.1% |
| 5 Year | n/a | 191.3%172.9% | 59.0%35.2% |
Long-Term Price Volatility Vs. Market
How volatile is DMG Blockchain Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Announcing: DMG Blockchain Solutions (CVE:DMGI) Stock Soared An Exciting 692% In The Last Year4 months ago | Simply Wall St
Did You Miss DMG Blockchain Solutions' (CVE:DMGI) Whopping 763% Share Price Gain?8 months ago | Simply Wall St
We Think DMG Blockchain Solutions (CVE:DMGI) Has A Fair Chunk Of DebtValuation
Is DMG Blockchain Solutions undervalued compared to its fair value and its price relative to the market?
5.17x
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 (5.2x) compared to the CA Software industry average (7.1x).
Future Growth
How is DMG Blockchain Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
39.6%
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 DMG Blockchain Solutions 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.
Past Performance
How has DMG Blockchain Solutions performed over the past 5 years?
3.9%
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 3.9% 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 (37.2%).
Return on Equity
High ROE: DMGI has a negative Return on Equity (-15.65%), 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$10.0M) do not cover its short term liabilities (CA$10.5M).
Long Term Liabilities: DMGI's short term assets (CA$10.0M) exceed its long term liabilities (CA$140.7K).
Debt to Equity History and Analysis
Debt Level: DMGI's debt to equity ratio (10%) is considered satisfactory.
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 3 years based on its current free cash flow.
Forecast Cash Runway: DMGI has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 20.8% 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?
1.1yrs
Average management tenure
CEO
Sheldon Bennett
0.17
Tenure
CA$195,526
Compensation
Mr. Sheldon Norman Bennett serves as Chief Operating Officer of DMG Blockchain Solutions Inc. since March 2018 and serves as its Director since February 08, 2018. He serves as Chief Executive Officer at DM...
CEO Compensation Analysis
Compensation vs Market: Sheldon's total compensation ($USD161.79K) is about average for companies of similar size in the Canadian market ($USD156.46K).
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 ( 1.1 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: DMGI insiders have sold more shares than they have bought 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 69.5%.
Top Shareholders
Company Information
DMG Blockchain Solutions Inc.'s company bio, 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
- Market Cap: CA$143.398m
- Shares outstanding: 164.83m
- Website: https://dmgblockchain.com
Location
- DMG Blockchain Solutions Inc.
- 795 Hwy 395
- Christina Lake
- Grand Forks
- British Columbia
- V0H 1E0
- Canada
Listings
Biography
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....
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/11 00:52 |
| End of Day Share Price | 2021/05/10 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/09/30 |
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.