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Riot Blockchain

DB:AP4N
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AP4N
DB
$80M
Market Cap
  1. Home
  2. DE
  3. Pharmaceuticals & Biotech
Company description

Riot Blockchain, Inc. focuses on building, supporting, and operating blockchain technologies, primarily through its cryptocurrency mining operations and other developed businesses, as well as joint ventures, acquisitions, and targeted investments in the sector. The last earnings update was 18 days ago. More info.


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  • Riot Blockchain has significant price volatility in the past 3 months.
AP4N Share Price and Events
7 Day Returns
7.4%
DB:AP4N
-2.4%
DE Biotechs
1.8%
DE Market
1 Year Returns
-19.5%
DB:AP4N
-10.2%
DE Biotechs
-6%
DE Market
AP4N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Riot Blockchain (AP4N) 7.4% 36.2% 220.2% -19.5% 63.5% -65.4%
DE Biotechs -2.4% 1.8% -7.7% -10.2% 51.2% 10.1%
DE Market 1.8% 4.2% 7.4% -6% 10.1% 15.4%
1 Year Return vs Industry and Market
  • AP4N underperformed the Biotechs industry which returned -10.2% over the past year.
  • AP4N underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
AP4N
Industry
5yr Volatility vs Market

AP4N Value

 Is Riot Blockchain 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 Riot Blockchain. This is due to cash flow or dividend data being unavailable. The share price is €4.291.
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 Riot Blockchain's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Riot Blockchain's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AP4N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-4.33
NasdaqCM:RIOT Share Price ** NasdaqCM (2019-04-18) in USD $5.4
Europe Biotechs Industry PE Ratio Median Figure of 30 Publicly-Listed Biotechs Companies 22.44x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.59x

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

** Primary Listing of Riot Blockchain.

DB:AP4N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:RIOT Share Price ÷ EPS (both in USD)

= 5.4 ÷ -4.33

-1.25x

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

  • Riot Blockchain is loss making, we can't compare its value to the Europe Biotechs industry average.
  • Riot Blockchain is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Riot Blockchain's expected growth come at a high price?
Raw Data
DB:AP4N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Biotechs Industry PEG Ratio Median Figure of 22 Publicly-Listed Biotechs Companies 1.3x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.57x

*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 Riot Blockchain, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Riot Blockchain's assets?
Raw Data
DB:AP4N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.39
NasdaqCM:RIOT Share Price * NasdaqCM (2019-04-18) in USD $5.4
Germany Biotechs Industry PB Ratio Median Figure of 15 Publicly-Listed Biotechs Companies 3.71x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.84x
DB:AP4N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:RIOT Share Price ÷ Book Value per Share (both in USD)

= 5.4 ÷ 0.39

13.71x

* Primary Listing of Riot Blockchain.

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

  • Riot Blockchain is overvalued based on assets compared to the DE Biotechs industry average.
X
Value checks
We assess Riot Blockchain'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 Biotechs 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 Biotechs industry average (and greater than 0)? (1 check)
  5. Riot Blockchain has a total score of 0/6, 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.

AP4N Future Performance

 How is Riot Blockchain expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
47.5%
Expected Biotechs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Riot Blockchain expected to grow at an attractive rate?
  • Unable to compare Riot Blockchain's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Riot Blockchain's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Riot Blockchain's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:AP4N Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Biotechs Industry Earnings Growth Rate Market Cap Weighted Average 47.5%
Germany Biotechs Industry Revenue Growth Rate Market Cap Weighted Average 26%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:AP4N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AP4N Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 8 -13 1
DB:AP4N Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 8 -19 -58
2018-09-30 6 -17 -56
2018-06-30 4 -11 -55
2018-03-31 1 -8 -32
2017-12-31 0 -4 -16
2017-09-30 0 -5 -9
2017-06-30 0 -6 -5
2017-03-31 0 -5 -5
2016-12-31 0 -6 -3
2016-09-30 0 -5 -5
2016-06-30 0 -6 -5
2016-03-31 0 -6 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Riot Blockchain is high growth as no earnings estimate data is available.
  • Unable to determine if Riot Blockchain 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
DB:AP4N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Riot Blockchain Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AP4N Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 -0.96 -0.96 -0.96 1.00
DB:AP4N Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -4.33
2018-09-30 -4.54
2018-06-30 -5.45
2018-03-31 -4.00
2017-12-31 -2.71
2017-09-30 -1.80
2017-06-30 -1.09
2017-03-31 -1.11
2016-12-31 -0.78
2016-09-30 -1.20
2016-06-30 -1.24
2016-03-31 -1.55

*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 Riot Blockchain will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Riot Blockchain'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Riot Blockchain 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.

AP4N Past Performance

  How has Riot Blockchain 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 Riot Blockchain's growth in the last year to its industry (Biotechs).
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.
  • Riot Blockchain does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Riot Blockchain's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Riot Blockchain's 1-year growth to the Europe Biotechs industry average as it is not currently profitable.
Earnings and Revenue History
Riot Blockchain'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 Riot Blockchain Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AP4N Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7.85 -58.10 20.86
2018-09-30 6.36 -55.59 20.90 0.02
2018-06-30 3.94 -54.70 15.53 0.02
2018-03-31 1.17 -31.74 10.17 0.01
2017-12-31 0.27 -16.30 7.31
2017-09-30 0.10 -8.81 3.77 -0.24
2017-06-30 0.10 -4.95 4.65 -0.19
2017-03-31 0.10 -4.72 4.42 -0.11
2016-12-31 0.10 -3.16 4.41 0.25
2016-09-30 0.08 -4.71 5.84 0.78
2016-06-30 0.11 -4.81 5.59 1.16
2016-03-31 0.11 -6.01 6.25 1.64
2015-12-31 0.10 -8.76 6.76 1.97
2015-09-30 0.17 -8.17 5.77 2.59
2015-06-30 0.15 -9.12 6.01 3.27
2015-03-31 0.13 -9.68 6.20 3.68
2014-12-31 0.17 -10.44 6.56 4.02
2014-09-30 0.09 -11.20 6.45 4.78
2014-06-30 0.11 -11.74 6.30 5.46
2014-03-31 0.11 -12.29 5.98 6.31
2013-12-31 0.06 -12.15 5.52 6.67
2013-09-30 0.06 -11.52 5.35 6.19
2013-06-30 0.01 -10.91 5.37 5.45
2013-03-31 0.03 -10.08 5.41 4.53
2012-12-31 0.04 -9.21 5.18 3.79
2012-09-30 0.09 -8.27 5.15 3.74
2012-06-30 0.10 -8.87 5.21 4.28

*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 Riot Blockchain has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Riot Blockchain has efficiently used its assets last year compared to the Europe Biotechs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Riot Blockchain 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 Riot Blockchain'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 Biotechs 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.
Riot Blockchain 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.

AP4N Health

 How is Riot Blockchain'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 Riot Blockchain's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Riot Blockchain's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Riot Blockchain's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Riot Blockchain'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.4x debt.
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 Riot Blockchain Company Filings, last reported 3 months ago.

DB:AP4N Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4.49 1.70 0.23
2018-09-30 16.53 1.70 1.61
2018-06-30 20.67 0.78 1.65
2018-03-31 43.24 0.83 5.26
2017-12-31 49.63 0.14 41.65
2017-09-30 15.47 0.22 13.14
2017-06-30 11.01 0.00 11.93
2017-03-31 11.41 0.06 11.98
2016-12-31 14.92 0.14 13.04
2016-09-30 17.05 0.22 14.86
2016-06-30 16.02 0.00 16.15
2016-03-31 16.68 0.06 16.60
2015-12-31 16.07 2.14 16.16
2015-09-30 18.90 2.26 18.93
2015-06-30 20.25 2.08 20.43
2015-03-31 21.93 2.18 22.10
2014-12-31 23.69 2.31 24.54
2014-09-30 25.94 2.44 26.72
2014-06-30 28.26 2.22 29.10
2014-03-31 11.98 2.33 12.86
2013-12-31 12.95 2.47 14.30
2013-09-30 15.87 2.61 17.29
2013-06-30 18.61 2.37 19.99
2013-03-31 8.37 2.69 9.27
2012-12-31 10.69 3.05 12.14
2012-09-30 8.76 3.40 10.23
2012-06-30 10.97 3.27 11.16
  • Riot Blockchain's level of debt (37.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (19.1% vs 37.8% today).
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.

  • Riot Blockchain has less than a year of cash runway based on current free cash flow.
  • Riot Blockchain has less than a year of cash runway if free cash flow continues to grow at historical rates of 79.6% each year.
X
Financial health checks
We assess Riot Blockchain'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. Riot Blockchain has a total score of 1/6, 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.

AP4N Dividends

 What is Riot Blockchain'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 Riot Blockchain dividends.
If you bought €2,000 of Riot Blockchain shares you are expected to receive €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 Riot Blockchain's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Riot Blockchain'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
DB:AP4N 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 1 Analyst Estimates (S&P Global) See Below
Europe Biotechs Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 0.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:AP4N Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31

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

  • Unable to perform a dividend volatility check as Riot Blockchain has not reported any payouts.
  • Unable to verify if Riot Blockchain's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Riot Blockchain's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Riot Blockchain 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 Riot Blockchain's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Riot Blockchain afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Riot Blockchain 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.

AP4N Management

 What is the CEO of Riot Blockchain'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
Jeff McGonegal
COMPENSATION $709,648
AGE 67
TENURE AS CEO 0.2 years
CEO Bio

Mr. Jeffrey G. McGonegal, also known as Jeff, has been the Principal of McGonegal and Co. since 1997. He served as Chief Executive Officer at Riot Blockchain, Inc., since February 2019. He was Consultant at Riot Blockchain, Inc. from April 30, 2018 to August 31, 2018. He served as Principal Accounting Officer of Riot Blockchain, Inc. (formerly Venaxis, Inc.) until April 30, 2018 and served as its Secretary since January 2010 and Interim President in December 2004 and January 2005. Mr. McGonegal served as the Chief Financial Officer at Riot Blockchain, Inc. since June 2003 until February 28, 2018. Mr. McGonegal serves as an Assistant Secretary at Bactolac Pharmaceutical, Inc. He has been Secretary of Applied Medical Devices Inc., since October 2004. He serves as President of ANI Pharmaceuticals Inc. (ANIP). Since 1997, he has been Managing Director of McGonegal and Co. He served as Corporate Secretary of Venaxis, Inc. since January 2010. He served as Chief Financial Officer and Secretary of Cambridge Holdings Ltd. until August 2, 2013. Until his resignation in September 2013, Mr. McGonegal served on a limited part-time basis as Senior Vice President of Finance of Cambridge Holdings, Ltd. He has unique in-depth expertise in merger and acquisition matters, in analyzing financial alternatives for growth oriented companies and in SEC and public reporting compliance including private offerings, IPO's and secondary offerings. He served as Chief Financial Officer and Principal Accounting Officer of Bactolac Pharmaceutical Inc. He served as Senior Vice President of Finance at Bactolac Pharmaceutical, Inc., since February 2000. Mr. McGonegal served from 2003 to January 1, 2011 as Chief Financial Officer of PepperBall Technologies, Inc. He served as Senior Vice President, Finance of Advanced Nutraceuticals Inc. since February 2000. He served as Chief Financial Officer of Security With Advanced Technology, Inc. (formerly, A4s Technologies Inc.) since 2003 and its Chief Executive Officer since October 2007. He served as Interim Chief Executive Officer and Interim President of Venaxis, Inc. from December 2004 to January 2005. He served as a Consultant to Advanced Nutraceuticals Inc. in connection with the acquisitions it made in 1999. He was a Certified Public Accountant with the internationally recognized public accounting firm of BDO Seidman LLP (BDO) from 1974 to 1997. While at BDO Seidman LLP, Mr. McGonegal served as Managing Partner of the Denver, Colorado office. He served as Director of Cambridge Holdings Ltd., since 2000 until August 2, 2013. He serves as a Director of Rockies Venture Club and Colorado Venture Centers Inc. He served as a Director of Imagenetix Inc., from September 2005 to March 21, 2012. He served as a Director of Dalkeith Investments, Inc. (formerly, Applied Medical Devices Inc.), from October 2004 to August 2006. Mr. McGonegal served as Director of Security With Advanced Technology, Inc. He served as Independent Director of Smart Move, Inc. (also known as Smart Move Transportation, L.L.C) from September 15, 2008 to January 2009. Mr. McGonegal received a B.A. Degree in Accounting from Florida State University.

CEO Compensation
  • Jeff's compensation has increased whilst company is loss making.
  • Jeff's remuneration is higher than average for companies of similar size in Germany.
Management Team

Jeff McGonegal

TITLE
Chief Executive Officer
COMPENSATION
$710K
AGE
67
TENURE
0.2 yrs

Robby, Rob Chang

TITLE
Chief Financial Officer
AGE
40
TENURE
1.2 yrs

Lyndal Hesterberg

TITLE
Consultant
Board of Directors Tenure

Average tenure and age of the Riot Blockchain board of directors in years:

5.6
Average Tenure
50.5
Average Age
  • The tenure for the Riot Blockchain board of directors is about average.
Board of Directors

Remo Mancini

TITLE
Chairman & Lead Director
AGE
66
TENURE
0.6 yrs

Jason Les

TITLE
Director & Member of Advisory Board
COMPENSATION
$57K
AGE
31
TENURE
1.4 yrs

Benjamin Yi

TITLE
Independent Director
AGE
35
TENURE
0.5 yrs

David Flum

TITLE
Member of the Medical Advisory Board
TENURE
9.8 yrs

David Talan

TITLE
Member of the Medical Advisory Board
TENURE
9.8 yrs

Douglas Owens

TITLE
Member of the Medical Advisory Board
TENURE
9.8 yrs

Steven Wolf

TITLE
Member of The Medical Advisory Board
TENURE
9.8 yrs

Frank Bishop

TITLE
Member of Advisory Board
AGE
74
TENURE
1.4 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 (€) Value (€)
X
Management checks
We assess Riot Blockchain'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. Riot Blockchain 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.

AP4N News

Simply Wall St News

AP4N Company Info

Description

Riot Blockchain, Inc. focuses on building, supporting, and operating blockchain technologies, primarily through its cryptocurrency mining operations and other developed businesses, as well as joint ventures, acquisitions, and targeted investments in the sector. Its primary focus is on Bitcoin and general blockchain technology. The company leverages its expertise and network to build and support blockchain technology companies. It builds a cryptocurrency mining operation and operates specialized computers that generate cryptocurrency, primarily Bitcoin. The company also holds interests in various activities, including purchasing and selling cryptocurrencies; providing accounting, audit, and verification services for blockchain based assets, such as cryptocurrencies; and developing TessPay, a payments ecosystem for component and sub-component supply chain settlements, and other blockchain solutions for telecommunications companies. As of March 31, 2018, approximately 3,500 of the miners were installed and operating. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was founded in 2000 and is based in Castle Rock, Colorado.

Details
Name: Riot Blockchain, Inc.
AP4N
Exchange: DB
Founded: 2000
$70,886,284
14,762,809
Website: http://www.riotblockchain.com
Address: Riot Blockchain, Inc.
202 6th Street,
Suite 401,
Castle Rock,
Colorado, 80104,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM RIOT Common Stock Nasdaq Capital Market US USD 23. Jan 2003
DB AP4N Common Stock Deutsche Boerse AG DE EUR 23. Jan 2003
LSE 0KX0 Common Stock London Stock Exchange GB EUR 23. Jan 2003
Number of employees
Current staff
Staff numbers
20
Riot Blockchain employees.
Industry
Biotechnology
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:00
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/05
Last earnings filing: 2019/04/02
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.