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DMG Blockchain Solutions TSXV:DMGI Stock Report

Last Price

CA$0.40

Market Cap

CA$80.2m

7D

-11.2%

1Y

-39.2%

Updated

22 Dec, 2024

Data

Company Financials +

DMG Blockchain Solutions Inc.

TSXV:DMGI Stock Report

Market Cap: CA$80.2m

My Notes

Capture your thoughts, links and company narrative

DMG Blockchain Solutions Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for DMG Blockchain Solutions
Historical stock prices
Current Share PriceCA$0.40
52 Week HighCA$0.77
52 Week LowCA$0.37
Beta4.86
1 Month Change-9.20%
3 Month Change-15.96%
1 Year Change-39.23%
3 Year Change-56.11%
5 Year Change393.75%
Change since IPO-67.62%

Recent News & Updates

Lacklustre Performance Is Driving DMG Blockchain Solutions Inc.'s (CVE:DMGI) 28% Price Drop

Nov 28
Lacklustre Performance Is Driving DMG Blockchain Solutions Inc.'s (CVE:DMGI) 28% Price Drop

Recent updates

Lacklustre Performance Is Driving DMG Blockchain Solutions Inc.'s (CVE:DMGI) 28% Price Drop

Nov 28
Lacklustre Performance Is Driving DMG Blockchain Solutions Inc.'s (CVE:DMGI) 28% Price Drop

DMG Blockchain Solutions Inc.'s (CVE:DMGI) Low P/S No Reason For Excitement

Oct 03
DMG Blockchain Solutions Inc.'s (CVE:DMGI) Low P/S No Reason For Excitement

We Think DMG Blockchain Solutions (CVE:DMGI) Has A Fair Chunk Of Debt

Jul 17
We Think DMG Blockchain Solutions (CVE:DMGI) Has A Fair Chunk Of Debt

Market Might Still Lack Some Conviction On DMG Blockchain Solutions Inc. (CVE:DMGI) Even After 26% Share Price Boost

Feb 27
Market Might Still Lack Some Conviction On DMG Blockchain Solutions Inc. (CVE:DMGI) Even After 26% Share Price Boost

DMG Blockchain Solutions Inc. (CVE:DMGI) Stock Catapults 34% Though Its Price And Business Still Lag The Industry

Aug 09
DMG Blockchain Solutions Inc. (CVE:DMGI) Stock Catapults 34% Though Its Price And Business Still Lag The Industry

Will DMG Blockchain Solutions (CVE:DMGI) Spend Its Cash Wisely?

Feb 23
Will DMG Blockchain Solutions (CVE:DMGI) Spend Its Cash Wisely?

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

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

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

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

Did You Miss DMG Blockchain Solutions' (CVE:DMGI) Whopping 763% Share Price Gain?

Dec 19
Did You Miss DMG Blockchain Solutions' (CVE:DMGI) Whopping 763% Share Price Gain?

Shareholder Returns

DMGICA SoftwareCA Market
7D-11.2%-4.0%-2.6%
1Y-39.2%29.7%15.2%

Return vs Industry: DMGI underperformed the Canadian Software industry which returned 29.7% over the past year.

Return vs Market: DMGI underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is DMGI's price volatile compared to industry and market?
DMGI volatility
DMGI Average Weekly Movement14.8%
Software Industry Average Movement10.9%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: DMGI's share price has been volatile over the past 3 months compared to the Canadian market.

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aSheldon Bennettdmgblockchain.com

DMG Blockchain Solutions Inc., together with its subsidiaries, operates as a blockchain and crypto-currency company in North America. The company manages, operates, and develops digital solutions to monetize the blockchain and generative artificial intelligence (AI) compute ecosystems. It also offers transaction verification/Bitcoin mining, AI compute, server hosting, data center operation and colocation, and forensic consulting services; and engages in the research and development of technology solutions.

DMG Blockchain Solutions Inc. Fundamentals Summary

How do DMG Blockchain Solutions's earnings and revenue compare to its market cap?
DMGI fundamental statistics
Market capCA$80.23m
Earnings (TTM)-CA$5.23m
Revenue (TTM)CA$33.90m

2.4x

P/S Ratio

-15.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMGI income statement (TTM)
RevenueCA$33.90m
Cost of RevenueCA$19.73m
Gross ProfitCA$14.17m
Other ExpensesCA$19.40m
Earnings-CA$5.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.026
Gross Margin41.79%
Net Profit Margin-15.43%
Debt/Equity Ratio16.5%

How did DMGI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DMG Blockchain Solutions Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin DedeH.C. Wainwright & Co.
Daniel KimParadigm Capital, Inc.