| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
DMGI Stock Overview
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company.
DMG Blockchain Solutions Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.68 |
| 52 Week High | CA$5.34 |
| 52 Week Low | CA$0.54 |
| Beta | 4.05 |
| 1 Month Change | -19.05% |
| 3 Month Change | -36.45% |
| 1 Year Change | -51.43% |
| 3 Year Change | 257.90% |
| 5 Year Change | n/a |
| Change since IPO | -44.26% |
Recent News & Updates
We're Keeping An Eye On DMG Blockchain Solutions' (CVE:DMGI) Cash Burn Rate
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Is DMG Blockchain Solutions (CVE:DMGI) In A Good Position To Invest In Growth?
Just because a business does not make any money, does not mean that the stock will go down. By way of example, DMG...
Shareholder Returns
| DMGI | CA Software | CA Market | |
|---|---|---|---|
| 7D | -11.7% | -6.2% | -2.9% |
| 1Y | -51.4% | -5.9% | 15.9% |
Return vs Industry: DMGI underperformed the Canadian Software industry which returned -3.5% over the past year.
Return vs Market: DMGI underperformed the Canadian Market which returned 17.4% over the past year.
Price Volatility
| DMGI volatility | |
|---|---|
| DMGI Average Weekly Movement | 12.8% |
| Software Industry Average Movement | 12.3% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: DMGI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: DMGI's weekly volatility has decreased from 20% to 13% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | Sheldon Bennett | https://dmgblockchain.com |
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. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem.
DMG Blockchain Solutions Fundamentals Summary
| DMGI fundamental statistics | |
|---|---|
| Market Cap | CA$113.61m |
| Earnings (TTM) | -CA$9.42m |
| Revenue (TTM) | CA$8.22m |
13.8x
P/S Ratio-12.1x
P/E RatioIs DMGI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DMGI income statement (TTM) | |
|---|---|
| Revenue | CA$8.22m |
| Cost of Revenue | CA$6.80m |
| Gross Profit | CA$1.42m |
| Expenses | CA$10.84m |
| Earnings | -CA$9.42m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Jan 31, 2022
| Earnings per share (EPS) | -0.056 |
| Gross Margin | 17.32% |
| Net Profit Margin | -114.57% |
| Debt/Equity Ratio | 0.3% |
How did DMGI perform over the long term?
See historical performance and comparisonValuation
Is DMG Blockchain Solutions undervalued compared to its fair value and its price relative to the market?
1.09x
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 (1.1x) compared to the CA Software industry average (3.9x).
Future Growth
How is DMG Blockchain Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
133.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DMGI's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if DMGI's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DMGI's revenue (133.4% per year) is forecast to grow faster than the Canadian market (5.5% per year).
High Growth Revenue: DMGI's revenue (133.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DMGI's Return on Equity is forecast to be high in 3 years time
Past Performance
How has DMG Blockchain Solutions performed over the past 5 years?
6.0%
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, but has reduced losses over the past 5 years at a rate of 6% 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 (6.4%).
Return on Equity
High ROE: DMGI has a negative Return on Equity (-9.09%), 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$64.9M) exceed its short term liabilities (CA$4.6M).
Long Term Liabilities: DMGI's short term assets (CA$64.9M) exceed its long term liabilities (CA$87.5K).
Debt to Equity History and Analysis
Debt Level: DMGI has more cash than its total debt.
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 a year based on its current free cash flow.
Forecast Cash Runway: DMGI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% 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?
1.0yrs
Average management tenure
CEO
Sheldon Bennett
3.83yrs
Tenure
CA$195,526
Compensation
Mr. Sheldon Norman Bennett serves as Chief Operating Officer of DMG Blockchain Solutions Inc. since March 2018 and serves as its Director since February 08, 2018. He serves as Chief Executive Officer at DM...
CEO Compensation Analysis
Compensation vs Market: Sheldon's total compensation ($USD156.07K) is about average for companies of similar size in the Canadian market ($USD161.11K).
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 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: 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 substantially diluted in the past year, with total shares outstanding growing by 54.2%.
Top Shareholders
Company Information
DMG Blockchain Solutions Inc.'s 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
- Implied Market Cap: CA$113.612m
- Shares outstanding: 167.08m
- Website: https://dmgblockchain.com
Location
- DMG Blockchain Solutions Inc.
- 795 Hwy 395
- Christina Lake
- Grand Forks
- British Columbia
- V0H 1E0
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:56 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| 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.