DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company that manages, operates, and develops digital solutions to monetize the blockchain ecosystem.
The last earnings update was 242 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
DMG Blockchain Solutions. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
DMG Blockchain Solutions's
is considered below, and whether this is a fair price.
Price based on past earnings
DMG Blockchain Solutions's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
DMG Blockchain Solutions
expected to grow at an
Unable to compare DMG Blockchain Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare DMG Blockchain Solutions's earnings growth to the Canada market average as no estimate data is available.
Unable to compare DMG Blockchain Solutions's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if DMG Blockchain Solutions is high growth as no earnings estimate data is available.
Unable to determine if DMG Blockchain Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
DMG Blockchain Solutions's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
DMG Blockchain Solutions
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
DMG Blockchain Solutions's finances.
The net worth of a company is the difference between its assets and liabilities.
DMG Blockchain Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
DMG Blockchain Solutions has no long term commitments.
This treemap shows a more detailed breakdown of
DMG Blockchain Solutions's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 4756.4x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
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. Reitzik was the President, Treasurer, Chief Financial Officer, and Principal Accounting Officer at Digital Youth Network Corp. Mr. Reitzik founded Digital Youth Network Corp. in March 2001. From January 2000 to February 2001, he served as President of Outdoor Impressions Media. From January 1999 to December 2000, he served as Corporate Account Manager of Telus Mobility (Regional Cellular) where he handled large accounts in education, transportation, and forestry and negotiated long term wireless contracts. Mr. Reitzik began his wireless career as a sales representative with Rogers AT & T (Skyline Telecom) in June 1992. He was a Director of Digital Youth Network Corp. since October 7, 2003. Mr. Reitzik is a graduate of Ampleforth College in England.
Insufficient data for Dan to compare compensation growth.
Insufficient data for Dan to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
DMG Blockchain Solutions
management team in years:
The average tenure for the DMG Blockchain Solutions management team is less than 2 years, this suggests a new team.
CEO & Director
Ryan E. S. Cheung
Chief Financial Officer
COO & Director
Chief Technology Officer
Executive VP of Corporate Development
Board of Directors Tenure
Average tenure of the
DMG Blockchain Solutions
board of directors in years:
The average tenure for the DMG Blockchain Solutions board of directors is less than 3 years, this suggests a new board.
What Kind Of Shareholder Owns Most DMG Blockchain Solutions Inc (CVE:DMGI) Stock?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … DMG Blockchain Solutions is not a large company by global standards. … institutions own shares in the company
Does DMG Blockchain Solutions Inc (CVE:DMGI) Need To Issue More Shares?
Looking at DMG Blockchain Solutions’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … TSXV:DMGI Income Statement Mar 19th 18 When will DMG Blockchain Solutions need to raise more cash? … Not surprisingly, if DMG Blockchain Solutions continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.
Who Are The Top Investors In DMG Blockchain Solutions Inc (CVE:DMGI)?
I am going to take a deep dive into DMG Blockchain Solutions Inc’s (TSXV:DMGI) most recent ownership structure, not a frequent subject of discussion among individual investors. … General Public Ownership A substantial ownership of 99.88% in DMGI is held by the general public. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
What You Must Know About DMG Blockchain Solutions Inc's (CVE:DMGI) Financial Strength
Over the past year, DMGI has ramped up its debt from CA$73.92K to CA$106.09K , which comprises of short- and long-term debt. … With this rise in debt, the current cash and short-term investment levels stands at CA$492.64K , ready to deploy into the business. … Risk around debt is very low for DMGI, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: DMGI’s low debt is also met with low coverage.
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company that manages, operates, and develops digital solutions to monetize the blockchain ecosystem. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
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