Secure Blockchain Development (ID) Stock Overview

A software company, engages in the research, design, and development of an email encryption software solution. More details

ID fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Negative shareholders equity

Does not have a meaningful market cap (CA$7M)

Shareholders have been substantially diluted in the past year

+ 2 more risks

ID Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW436,653 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.

Grow your followingReal investors. The kind who actually invest, not scroll past.

Unlock free accessFree premium subscription for consistent and quality authors.

Learn more Create Narrative

436,653 investors already sharing narratives

View all narratives

Secure Blockchain Development Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Secure Blockchain Development
Historical stock prices
Current Share Price	CA$0.20
52 Week High	CA$0.38
52 Week Low	CA$0.095
Beta	1.26
1 Month Change	-9.09%
3 Month Change	33.33%
1 Year Change	33.33%
3 Year Change	33.33%
5 Year Change	-66.67%
Change since IPO	-96.67%

Recent updates

Shareholder Returns

	ID	CA Software	CA Market
7D	-4.8%	-6.7%	-0.1%
1Y	33.3%	-34.2%	23.9%

Return vs Industry: ID exceeded the Canadian Software industry which returned -35.4% over the past year.

Return vs Market: ID exceeded the Canadian Market which returned 24.6% over the past year.

Price Volatility

Is ID's price volatile compared to industry and market?
ID volatility
ID Average Weekly Movement	n/a
Software Industry Average Movement	10.9%
Market Average Movement	9.4%
10% most volatile stocks in CA Market	16.3%
10% least volatile stocks in CA Market	3.7%

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

Volatility Over Time: Insufficient data to determine ID's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Steven Bryson-Haynes	identillect.com

Secure Blockchain Development Corp., a software company, engages in the research, design, and development of an email encryption software solution. It provides Delivery Trust, an email encryption technology software that targets organizations, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators. The company was formerly known as Identillect Technologies Corp. and changed its name to Secure Blockchain Development Corp. in October 2025.

Secure Blockchain Development Corp. Fundamentals Summary

How do Secure Blockchain Development's earnings and revenue compare to its market cap?
ID fundamental statistics
Market cap	CA$6.52m
Earnings (TTM)	-CA$1.10m
Revenue (TTM)	CA$710.58k

9.2x

P/S Ratio

-5.9x

P/E Ratio

Is ID overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ID income statement (TTM)
Revenue	US$514.58k
Cost of Revenue	US$20.01k
Gross Profit	US$494.56k
Other Expenses	US$1.29m
Earnings	-US$797.48k

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	-0.024
Gross Margin	96.11%
Net Profit Margin	-154.98%
Debt/Equity Ratio	-1,471.6%

How did ID perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 13:35
End of Day Share Price	2026/09/08 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 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 Github.

Analyst Sources

Secure Blockchain Development Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Secure Blockchain Development (ID) Stock Overview

Risk Analysis

Join community and earn perks

Secure Blockchain Development Corp. Competitors

Route1

Plurilock Security

VERSES AI

Boardwalktech Software

Price History & Performance

Recent News & Updates

New major risk - Financial position

Second quarter 2026 earnings released: US$0.015 loss per share (vs US$0.21 loss in 2Q 2025)

High number of new and inexperienced directors

Secure Blockchain Development Corp. Announces Board Changes

Full year 2025 earnings released: US$0.038 loss per share (vs US$0.78 loss in FY 2024)

New major risk - Shareholder dilution

Recent updates

New major risk - Financial position

Second quarter 2026 earnings released: US$0.015 loss per share (vs US$0.21 loss in 2Q 2025)

High number of new and inexperienced directors

Secure Blockchain Development Corp. Announces Board Changes

Full year 2025 earnings released: US$0.038 loss per share (vs US$0.78 loss in FY 2024)

New major risk - Shareholder dilution

Secure Blockchain Development Corp. announced that it has received CAD 1.5 million in funding

Secure Blockchain Development Corp. announced that it expects to receive CAD 1.5 million in funding

Third quarter 2025 earnings released: US$0.007 loss per share (vs US$0.22 loss in 3Q 2024)

New major risk - Financial position

Second quarter 2025 earnings released: EPS: US$0 (vs US$0 in 2Q 2024)

Insufficient new directors

Insufficient new directors

First quarter 2025 earnings released: EPS: US$0 (vs US$0 in 1Q 2024)

Insufficient new directors

Third quarter 2024 earnings released: EPS: US$0 (vs US$0 in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)

First quarter 2024 earnings released: EPS: US$0 (vs US$0 in 1Q 2023)

Full year 2023 earnings released: US$0.001 loss per share (vs US$0.002 loss in FY 2022)

Insufficient new directors

Insufficient new directors

Third quarter 2023 earnings released: EPS: US$0 (vs US$0.001 loss in 3Q 2022)

Identillect Technologies Corp. Announces Release of New Gmail Add-In

Insufficient new directors

Second quarter 2023 earnings released: EPS: US$0 (vs US$0 in 2Q 2022)

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0 (vs US$0.001 loss in 1Q 2022)

Full year 2022 earnings released: US$0.002 loss per share (vs US$0.005 loss in FY 2021)

Identillect Technologies Corp. announced that it expects to receive CAD 0.805 million in funding

Third quarter 2022 earnings released: US$0.001 loss per share (vs US$0.001 loss in 3Q 2021)

Insufficient new directors

Second quarter 2022 earnings released: EPS: US$0 (vs US$0.001 loss in 2Q 2021)

First quarter 2022 earnings released: US$0.001 loss per share (vs US$0.003 loss in 1Q 2021)

Identillect Technologies Corp., Annual General Meeting, Jul 05, 2022

Insufficient new directors

Identillect Technologies Corp. announced that it has received CAD 1 million in funding

Identillect Technologies Corp. announced that it expects to receive CAD 1 million in funding

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: US$0.001 loss per share (vs US$0.001 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.003 loss per share (vs US$0.001 loss in 1Q 2020)

Full year 2020 earnings released: US$0.004 loss per share (vs US$0.008 loss in FY 2019)

Identillect Technologies Corp. Announces its Collaboration with Aim Dental Marketing at Recent Stakeholder's Meeting

Third quarter 2020 earnings released: US$0.001 loss per share

Shareholder Returns

Price Volatility

About the Company

Secure Blockchain Development Corp. Fundamentals Summary

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources