Executive Summary
iMining Blockchain and Cryptocurrency Inc., a blockchain and cryptocurrency company, engages in the cryptocurrency mining business. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has iMining Blockchain and Cryptocurrency's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine IMIN's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine IMIN's volatility change over the past year.
Market Performance
7 Day Return
0%
IMIN
6.2%
CA Software
0.7%
CA Market
1 Year Return
85.7%
IMIN
46.9%
CA Software
2.1%
CA Market
Return vs Industry: IMIN exceeded the Canadian Software industry which returned 44.9% over the past year.
Return vs Market: IMIN exceeded the Canadian Market which returned 1.5% over the past year.
Shareholder returns
| IMIN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 6.2% | 0.7% |
| 30 Day | 0% | 8.9% | 4.6% |
| 90 Day | 0% | 30.9% | 13.5% |
| 1 Year | 85.7%85.7% | 47.5%46.9% | 5.8%2.1% |
| 3 Year | -58.1%-58.1% | 76.1%72.4% | 13.9%3.1% |
| 5 Year | -7.1%-7.1% | 182.3%173.3% | 67.3%41.6% |
Long-Term Price Volatility Vs. Market
How volatile is iMining Blockchain and Cryptocurrency's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Investors Who Bought iMining Blockchain and Cryptocurrency (CVE:IMIN) Shares A Year Ago Are Now Up 56%9 months ago | Simply Wall St
What Kind Of Shareholders Own iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN)?10 months ago | Simply Wall St
Will iMining Blockchain and Cryptocurrency (CVE:IMIN) Spend Its Cash Wisely?Valuation
Is iMining Blockchain and Cryptocurrency undervalued compared to its fair value and its price relative to the market?
17.34x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IMIN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IMIN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IMIN is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.
PE vs Market: IMIN 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 IMIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMIN is overvalued based on its PB Ratio (17.3x) compared to the CA Software industry average (6.9x).
Next Steps
Future Growth
How is iMining Blockchain and Cryptocurrency forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.0%
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 iMining Blockchain and Cryptocurrency 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
- Examine iMining Blockchain and Cryptocurrency's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- iMining Blockchain and Cryptocurrency competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has iMining Blockchain and Cryptocurrency performed over the past 5 years?
-42.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMIN is currently unprofitable.
Growing Profit Margin: IMIN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IMIN is unprofitable, and losses have increased over the past 5 years at a rate of 42% per year.
Accelerating Growth: Unable to compare IMIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IMIN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (31.8%).
Return on Equity
High ROE: IMIN has a negative Return on Equity (-592%), as it is currently unprofitable.
Next Steps
Financial Health
How is iMining Blockchain and Cryptocurrency's financial position?
Financial Position Analysis
Short Term Liabilities: IMIN's short term assets (CA$376.7K) exceed its short term liabilities (CA$233.2K).
Long Term Liabilities: IMIN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IMIN is debt free.
Reducing Debt: IMIN had no debt 5 years ago.
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: IMIN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IMIN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.1% each year
Next Steps
Dividend
What is iMining Blockchain and Cryptocurrency current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IMIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IMIN'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 IMIN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IMIN'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 IMIN'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?
CEO
iMining Blockchain and Cryptocurrency has no CEO, or we have no data on them.
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 32.2%.
Top Shareholders
Company Information
iMining Blockchain and Cryptocurrency Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: iMining Blockchain and Cryptocurrency Inc.
- Ticker: IMIN
- Exchange: TSXV
- Founded: 2007
- Industry: Application Software
- Sector: Software
- Market Cap: CA$2.500m
- Shares outstanding: 38.46m
- Website: https://www.imining.com
Location
- iMining Blockchain and Cryptocurrency Inc.
- 580 Hornby Street
- Suite 750
- Vancouver
- British Columbia
- V6C 3B6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IMIN | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Dec 2007 |
| P1A | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 2007 |
| IBKK.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Dec 2007 |
Biography
iMining Blockchain and Cryptocurrency Inc., a blockchain and cryptocurrency company, engages in the cryptocurrency mining business. It mines for bitcoin and other cryptocurrencies, and invests in blockchai...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/06 00:06 |
| End of Day Share Price | 2020/10/09 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/05/31 |
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.