TSXV:DMGI

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DMG Blockchain Solutions

Executive Summary

DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. More Details


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

17.6%

DMGI

-4.3%

CA Software

-8.1%

CA Market


1 Year Return

-31.0%

DMGI

23.1%

CA Software

-60.7%

CA Market

Return vs Industry: DMGI underperformed the Canadian Software industry which returned 23.1% over the past year.

Return vs Market: DMGI exceeded the Canadian Market which returned -60.7% over the past year.


Shareholder returns

DMGIIndustryMarket
7 Day17.6%-4.3%-8.1%
30 Day17.6%-3.9%-6.7%
90 Day-13.0%-6.3%-26.5%
1 Year-31.0%-31.0%23.5%23.1%-59.0%-60.7%
3 Yearn/a55.5%52.3%-60.3%-64.4%
5 Yearn/a116.4%109.0%-51.7%-59.4%

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

Valuation

Is DMG Blockchain Solutions undervalued compared to its fair value and its price relative to the market?

0.48x

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 (4.3x).


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?

23.8%

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

Past Performance

How has DMG Blockchain Solutions performed over the past 5 years?

-11.5%

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 11.5% 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 (41.3%).


Return on Equity

High ROE: DMGI has a negative Return on Equity (-27.53%), 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$4.0M) do not cover its short term liabilities (CA$7.5M).

Long Term Liabilities: DMGI's short term assets (CA$4.0M) exceed its long term liabilities (CA$204.9K).


Debt to Equity History and Analysis

Debt Level: DMGI's debt to equity ratio (18.2%) 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: Whilst unprofitable DMGI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DMGI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.1% per year.


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?

2.6yrs

Average management tenure


CEO

Dan Reitzik (46 yo)

2.58yrs

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 ($USD0.00) is below average for companies of similar size in the Canadian market ($USD174.80K).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Reitzik
CEO & Director2.58yrsCA$366.80k3.14%
CA$ 314.7k
Ryan E. S. Cheung
Chief Financial Officer2.58yrsCA$89.20kno data
Sheldon Bennett
COO & Director2.58yrsCA$365.30k3.1%
CA$ 311.0k
Adrian Glover
CTO & Director0.42yrno data0.011%
CA$ 1.1k
Steven Eliscu
Executive VP of Corporate Developmentno datano datano data
Diana Marks
Corporate Secretaryno datano datano data

2.6yrs

Average Tenure

46yo

Average Age

Experienced Management: DMGI's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Reitzik
CEO & Director2.58yrsCA$366.80k3.14%
CA$ 314.7k
Sheldon Bennett
COO & Director2.58yrsCA$365.30k3.1%
CA$ 311.0k
Adrian Glover
CTO & Director0.42yrno data0.011%
CA$ 1.1k
Lou Kerner
Member of Advisory Board2.58yrsno datano data
Nick Seto
Independent Director1.17yrsno datano data
Charlie Lee
Member of Advisory Board2.5yrsno datano data
Justin Rasekh
Independent Director3.5yrsCA$15.00k0.079%
CA$ 8.0k

2.6yrs

Average Tenure

Experienced Board: DMGI's board of directors are not considered experienced ( 2.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


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$10.034m
  • Shares outstanding: 100.34m
  • Website: https://dmgblockchain.com

Location

  • DMG Blockchain Solutions Inc.
  • 795 Hwy 395
  • Christina Lake
  • Grand Forks
  • British Columbia
  • V0H 1E0
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DMGITSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2018
DMGG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2018
6AXDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 00:44
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.