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Skychain Technologies

TSXV:SCT
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCT
TSXV
CA$575K
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Skychain Technologies Inc. provides blockchain infrastructure services and power solutions to its clients working within the industry space. The last earnings update was 123 days ago. More info.


Add to Portfolio Compare Print
  • Skychain Technologies has significant price volatility in the past 3 months.
SCT Share Price and Events
7 Day Returns
0%
TSXV:SCT
1.2%
North America Tech
0%
CA Market
1 Year Returns
-95%
TSXV:SCT
-0.8%
North America Tech
-3.1%
CA Market
SCT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Skychain Technologies (SCT) 0% -30.8% - -95% -84% -60%
North America Tech 1.2% 1.1% 1.3% -0.8% 86.9% 87.1%
CA Market 0% -1.3% -1% -3.1% 11.3% 0.9%
1 Year Return vs Industry and Market
  • SCT underperformed the Tech industry which returned -0.8% over the past year.
  • SCT underperformed the Market in Canada which returned -3.1% over the past year.
Price Volatility
SCT
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Skychain Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Skychain Technologies. This is due to cash flow or dividend data being unavailable. The share price is CA$0.09.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Skychain Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Skychain Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SCT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.21
TSXV:SCT Share Price ** TSXV (2019-06-03) in CAD CA$0.09
North America Tech Industry PE Ratio Median Figure of 14 Publicly-Listed Tech Companies 17.57x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 15.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Skychain Technologies.

TSXV:SCT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SCT Share Price ÷ EPS (both in CAD)

= 0.09 ÷ -0.21

-0.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Skychain Technologies is loss making, we can't compare its value to the North America Tech industry average.
  • Skychain Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Skychain Technologies's expected growth come at a high price?
Raw Data
TSXV:SCT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.37x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Skychain Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Skychain Technologies's assets?
Raw Data
TSXV:SCT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.45
TSXV:SCT Share Price * TSXV (2019-06-03) in CAD CA$0.09
North America Tech Industry PB Ratio Median Figure of 36 Publicly-Listed Tech Companies 1.61x
Canada Market PB Ratio Median Figure of 2,414 Publicly-Listed Companies 1.41x
TSXV:SCT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SCT Share Price ÷ Book Value per Share (both in CAD)

= 0.09 ÷ 0.45

0.2x

* Primary Listing of Skychain Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Skychain Technologies is good value based on assets compared to the North America Tech industry average.
X
Value checks
We assess Skychain Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Skychain Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Skychain Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Skychain Technologies 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Skychain Technologies expected to grow at an attractive rate?
  • Unable to compare Skychain Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Skychain Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Skychain Technologies's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SCT Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Tech Industry Earnings Growth Rate Market Cap Weighted Average 5%
North America Tech Industry Revenue Growth Rate Market Cap Weighted Average 4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:SCT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:SCT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -1 -1
2018-09-30 0 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Skychain Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Skychain Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:SCT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Skychain Technologies Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SCT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.21
2018-09-30 -0.09
2018-06-30 -0.02
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 -0.01
2016-12-31 -0.07
2016-09-30 -0.07
2016-06-30 -0.07
2016-03-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Skychain Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Skychain Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Skychain Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Skychain Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Skychain Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Skychain Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Skychain Technologies's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Skychain Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Skychain Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Skychain Technologies's 1-year growth to the North America Tech industry average as it is not currently profitable.
Earnings and Revenue History
Skychain Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Skychain Technologies Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SCT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.51 -0.96 0.86
2018-09-30 0.09 -0.34 0.38
2018-06-30 -0.07 0.15
2018-03-31 -0.01 0.10
2017-12-31 0.02 0.05
2017-09-30 0.02 0.10
2017-06-30 -0.01 0.10
2017-03-31 -0.02 0.12
2016-12-31 -0.19 0.14
2016-09-30 -0.19 0.10
2016-06-30 -0.19 0.10
2016-03-31 -0.19 0.09
2015-12-31 -0.11 0.09
2015-09-30 -0.12 0.09
2015-06-30 -0.12 0.09
2015-03-31 -0.12 0.09
2014-12-31 -0.07 0.09
2014-09-30 -0.08 0.09
2014-06-30 -0.08 0.09
2014-03-31 -0.08 0.09
2013-12-31 -0.13 0.10
2013-09-30 -0.12 0.09
2013-06-30 -0.12 0.08
2013-03-31 -0.12 0.08
2012-12-31 -0.94 0.08
2012-09-30 -0.94 0.09
2012-06-30 -0.94 0.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Skychain Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Skychain Technologies has efficiently used its assets last year compared to the North America Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Skychain Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Skychain Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Skychain Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Skychain Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Skychain Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Skychain Technologies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Skychain Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Skychain Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Skychain Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Skychain Technologies Company Filings, last reported 5 months ago.

TSXV:SCT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.87 0.00 0.24
2018-09-30 3.51 0.00 1.08
2018-06-30 1.50 0.00 0.57
2018-03-31 1.43 0.00 1.57
2017-12-31 0.01 0.00 0.04
2017-09-30 0.03 0.00 0.04
2017-06-30 0.03 0.00 0.03
2017-03-31 0.04 0.00 0.04
2016-12-31 -0.58 0.64 0.04
2016-09-30 -0.69 0.36 0.00
2016-06-30 -0.67 0.35 0.00
2016-03-31 -0.64 0.04 0.00
2015-12-31 -0.52 0.33 0.00
2015-09-30 -0.49 0.32 0.00
2015-06-30 -0.48 0.32 0.00
2015-03-31 -0.46 0.30 0.00
2014-12-31 -0.41 0.30 0.02
2014-09-30 -0.38 0.30 0.02
2014-06-30 -0.36 0.30 0.04
2014-03-31 -0.34 0.30 0.05
2013-12-31 -0.33 0.34 0.07
2013-09-30 -0.30 0.34 0.13
2013-06-30 -0.41 0.33 0.00
2013-03-31 -0.39 0.32 0.01
2012-12-31 -0.33 0.28 0.00
2012-09-30 -0.31 0.27 0.00
2012-06-30 -0.29 0.26 0.01
  • Skychain Technologies has no debt.
  • Skychain Technologies currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Skychain Technologies has less than a year of cash runway based on current free cash flow.
  • Skychain Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 68.4% each year.
X
Financial health checks
We assess Skychain Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Skychain Technologies has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Skychain Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Skychain Technologies dividends.
If you bought CA$2,000 of Skychain Technologies shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Skychain Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Skychain Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:SCT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Skychain Technologies has not reported any payouts.
  • Unable to verify if Skychain Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Skychain Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Skychain Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Skychain Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Skychain Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Skychain Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Skychain Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Zhang
TENURE AS CEO 0.8 years
CEO Bio

Mr. Ningtao Zhang also known as Bill, has been President and CEO at Vling E-Business Ltd. since 2015. He served as IT Manager at SCS Steel Containers System Inc. from 2009 to 2014. He has been Director at Green Valley Mine Inc. since February 07, 2018.

CEO Compensation
  • Insufficient data for Bill to compare compensation growth.
  • Insufficient data for Bill to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Skychain Technologies management team in years:

0.6
Average Tenure
  • The average tenure for the Skychain Technologies management team is less than 2 years, this suggests a new team.
Management Team

Robert Ferguson

TITLE
Consultant
COMPENSATION
CA$19K
TENURE
0.6 yrs

Bill Zhang

TITLE
President
TENURE
0.8 yrs

Andrea Yuan

TITLE
Consultant
AGE
45
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure of the Skychain Technologies board of directors in years:

1
Average Tenure
  • The average tenure for the Skychain Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bill Zhang

TITLE
President
TENURE
1.3 yrs

Ted Posey

TITLE
Member of Non-Executive Advisory Board
AGE
75
TENURE
2.6 yrs

Walson Wang

TITLE
Director

James Haft

TITLE
Director
TENURE
0.7 yrs

Chris Chen

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
30. Jan 19 Buy Peter Schober Individual 28. Jan 19 28. Jan 19 533,333 CA$1.50 CA$800,000
27. Sep 18 Buy Robert Ferguson Individual 24. Sep 18 24. Sep 18 18,000 CA$1.50 CA$27,000
26. Sep 18 Buy Ke Yuan Individual 24. Sep 18 24. Sep 18 467 CA$1.50 CA$700
26. Sep 18 Buy Ke Yuan Individual 24. Sep 18 24. Sep 18 32,000 CA$1.50 CA$48,000
26. Sep 18 Buy Fang Yan Individual 24. Sep 18 24. Sep 18 60,000 CA$1.50 CA$90,000
X
Management checks
We assess Skychain Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Skychain Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Skychain Technologies Inc. (CVE:SCT)?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … What this means for you: Since Skychain Technologies tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

How Much Of Skychain Technologies Inc. (CVE:SCT) Do Insiders Own?

Generally speaking, as a company grows, institutions will increase their ownership. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Skychain Technologies is not a large company by global standards.

Simply Wall St -

Should You Be Worried About Insider Transactions At Skychain Technologies Inc. (CVE:SCT)?

That means that even when the share price was below the current price of CA$0.055, an insider wanted to cash in some shares. … We generally consider it a negative if insiders have been selling on market, especially if they did so below the current price. … In total, Skychain Technologies insiders sold more than they bought over the last year.

Simply Wall St -

Company Info

Description

Skychain Technologies Inc. provides blockchain infrastructure services and power solutions to its clients working within the industry space. The company provides MiningSky 8-GPU Mining Rig, a GPU-based miner to mine Ethereum and other cryptocurrencies. It also offers warehouse space, low-cost electricity, and maintenance and hosting services. The company was formerly known as Green Valley Mine Incorporated and changed its name to Skychain Technologies Inc. in September 2018. Skychain Technologies Inc. was incorporated in 1977 and is based in Vancouver, Canada.

Details
Name: Skychain Technologies Inc.
SCT
Exchange: TSXV
Founded: 1977
CA$575,118
6,390,205
Website: http://www.skychaintechnologiesinc.com
Address: Skychain Technologies Inc.
415 – 1112 West Pender Street,
Vancouver,
British Columbia, V6E 2S1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SCT Common Shares TSX Venture Exchange CA CAD 09. Sep 1988
Number of employees
Current staff
Staff numbers
0
Skychain Technologies employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 23:38
End of day share price update: 2019/06/03 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.