Executive Summary
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company.
Risk Analysis
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-8.0%
DMGI
3.0%
CA Software
0.2%
CA Market
1 Year Return
n/a
DMGI
28.9%
CA Software
-6.3%
CA Market
Return vs Industry: Insufficient data to determine how DMGI performed against the Canadian Software industry.
Return vs Market: Insufficient data to determine how DMGI performed against the Canadian Market.
Shareholder returns
| DMGI | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.0% | 3.0% | 0.2% |
| 30 Day | 15.0% | 2.3% | 4.5% |
| 90 Day | 43.8% | 22.7% | 9.5% |
| 1 Year | n/a | 29.3%28.9% | -3.0%-6.3% |
| 3 Year | n/a | 91.6%87.3% | 8.5%-2.0% |
| 5 Year | n/a | 151.0%142.2% | 29.5%9.7% |
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
2 months ago | Simply Wall St
Before You Buy DMG Blockchain Solutions Inc. (CVE:DMGI), Consider Its Volatility6 months ago | Simply Wall St
What Kind Of Shareholders Own DMG Blockchain Solutions Inc. (CVE:DMGI)?8 months ago | Simply Wall St
The DMG Blockchain Solutions (CVE:DMGI) Share Price Is Down 42% So Some Shareholders Are Getting WorriedValuation
Is DMG Blockchain Solutions undervalued compared to its fair value and its price relative to the market?
0.55x
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 CA 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 (0.5x) compared to the CA Software industry average (3.6x).
Next Steps
Future Growth
How is DMG Blockchain Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.0%
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.
Next Steps
- Examine DMG Blockchain Solutions'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.
- DMG Blockchain Solutions competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has DMG Blockchain Solutions performed over the past 5 years?
-21.0%
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, and losses have increased over the past 5 years at a rate of 21% 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 (28.8%).
Return on Equity
High ROE: DMGI has a negative Return on Equity (-39.32%), as it is currently unprofitable.
Next Steps
Financial Health
How is DMG Blockchain Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: DMGI's short term assets (CA$3.8M) do not cover its short term liabilities (CA$5.3M).
Long Term Liabilities: DMGI's short term assets (CA$3.8M) exceed its long term liabilities (CA$264.5K).
Debt to Equity History and Analysis
Debt Level: DMGI's debt to equity ratio (5.6%) 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 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
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?
2.5yrs
Average management tenure
CEO
Dan Reitzik (46 yo)
2.5yrs
Tenure
CA$366,801
Compensation
Mr. Daniel Reitzik, also known as Dan, serves as CEO & Director of DMG Blockchain Solutions Inc. Mr. Reitzik was the Chief Operating Officer at Digital Youth Network Corp. since October 7, 2003. Mr. Reitzi ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD178.97K).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | CA$366.80k | 3.17% CA$ 361.8k | |
| Chief Financial Officer | 2.5yrs | CA$89.20k | no data | |
| COO & Director | 2.5yrs | CA$365.30k | 3.13% CA$ 357.7k | |
| CTO & Director | 0.25yr | no data | 0.011% CA$ 1.3k | |
| Executive VP of Corporate Development | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.5yrs
Average Tenure
46yo
Average Age
Experienced Management: DMGI's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | CA$366.80k | 3.17% CA$ 361.8k | |
| COO & Director | 2.5yrs | CA$365.30k | 3.13% CA$ 357.7k | |
| CTO & Director | 0.25yr | no data | 0.011% CA$ 1.3k | |
| Member of Advisory Board | 2.42yrs | no data | no data | |
| Independent Director | 1yr | no data | no data | |
| Member of Advisory Board | 2.33yrs | no data | no data | |
| Independent Director | 3.33yrs | CA$15.00k | 0.080% CA$ 9.2k |
2.4yrs
Average Tenure
Experienced Board: DMGI's board of directors are not considered experienced ( 2.4 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 been diluted in the past year, with total shares outstanding growing by 6.3%.
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:
- Industry: Application Software
- Sector: Software
- Market Cap: CA$11.421m
- Shares outstanding: 99.32m
- Website: https://dmgblockchain.com
Location
- DMG Blockchain Solutions Inc.
- 1090 Homer Street
- Suite 490
- Vancouver
- British Columbia
- V6B 2W9
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DMGI | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Feb 2018 |
| DMGG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Feb 2018 |
| 6AX | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Feb 2018 |
Biography
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It is also involved in ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/03 00:34 |
| End of Day Share Price | 2020/07/31 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/09/30 |
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.