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DMGI

DMG Blockchain Solutions TSXV:DMGI Stock Report

Last Price

CA$0.27

Market Cap

CA$47.0m

7D

-1.8%

1Y

-23.9%

Updated

07 Jun, 2023

Data

Company Financials +

DMG Blockchain Solutions Inc.

TSXV:DMGI Stock Report

Mkt Cap: CA$47.0m

DMGI Stock Overview

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

DMGI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Risk Analysis

Earnings have declined by 8.7% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$47M)


My Notes

Capture your thoughts, links and company narrative

DMG Blockchain Solutions Inc. Competitors

Digihost Technology

TSXV:DGHI

CA$58.0m

Wishpond Technologies

TSXV:WISH

CA$31.7m

BIGG Digital Assets

CNSX:BIGG

CA$65.1m

Tribe Property Technologies

TSXV:TRBE

CA$22.3m

Price History & Performance

Summary of all time highs, changes and price drops for DMG Blockchain Solutions
Historical stock prices
Current Share PriceCA$0.27
52 Week HighCA$0.45
52 Week LowCA$0.13
Beta4.75
1 Month Change-5.26%
3 Month Change1.89%
1 Year Change-23.94%
3 Year Change107.69%
5 Year Change-20.59%
Change since IPO-77.87%

Recent News & Updates

Recent updates

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-1.8%-1.4%2.0%
1Y-23.9%23.0%-6.6%

Return vs Industry: DMGI underperformed the Canadian Software industry which returned 24.3% over the past year.

Return vs Market: DMGI underperformed the Canadian Market which returned -7.2% over the past year.

Price Volatility

Is DMGI's price volatile compared to industry and market?
DMGI volatility
DMGI Average Weekly Movement9.2%
Software Industry Average Movement8.9%
Market Average Movement8.5%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.5%

Stable Share Price: DMGI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DMGI's weekly volatility has decreased from 14% to 9% over the past year.

About the Company

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

DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.

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$46.95m
Earnings (TTM)-CA$31.50m
Revenue (TTM)CA$31.88m

1.4x

P/S Ratio

-1.4x

P/E Ratio

Is DMGI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DMGI income statement (TTM)
RevenueCA$31.88m
Cost of RevenueCA$16.04m
Gross ProfitCA$15.83m
Other ExpensesCA$47.33m
Earnings-CA$31.50m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin49.67%
Net Profit Margin-98.81%
Debt/Equity Ratio1.4%

How did DMGI perform over the long term?

See historical performance and comparison