Advanced Blockchain (DUSE:BWQ) - Share price, News & Analysis

BWQ fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

BWQ Stock Overview

Advanced Blockchain AG focuses on the creation, development, and implementation of distributed ledger technology software for companies.

Rewards

PE ratio (9.8x) is below the German market (17.2x)

Became profitable this year

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than 6 months old

Does not have meaningful revenue (€3M)

Does not have a meaningful market cap (€17M)

Advanced Blockchain Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Advanced Blockchain
Historical stock prices
Current Share Price	€8.70
52 Week High	€18.40
52 Week Low	€8.22
Beta	2.47
1 Month Change	-35.79%
3 Month Change	n/a
1 Year Change	-36.96%
3 Year Change	10.83%
5 Year Change	n/a
Change since IPO	262.50%

Shareholder Returns

	BWQ	DE Software	DE Market
7D	-3.4%	-2.8%	-0.09%
1Y	-37.0%	-20.0%	-12.9%

Return vs Industry: BWQ underperformed the German Software industry which returned -20% over the past year.

Return vs Market: BWQ underperformed the German Market which returned -12.9% over the past year.

Price Volatility

Is BWQ's price volatile compared to industry and market?
BWQ volatility
BWQ Average Weekly Movement	n/a
Software Industry Average Movement	7.4%
Market Average Movement	6.4%
10% most volatile stocks in DE Market	10.6%
10% least volatile stocks in DE Market	3.5%

Stable Share Price: Insufficient data to determine BWQ's volatility over the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Michael Geike	https://www.advancedblockchain.com

Advanced Blockchain AG focuses on the creation, development, and implementation of distributed ledger technology software for companies. It also offers consultation services to companies. The company is based in Berlin, Germany.

Advanced Blockchain Fundamentals Summary

How do Advanced Blockchain's earnings and revenue compare to its market cap?
BWQ fundamental statistics
Market Cap	€16.81m
Earnings (TTM)	€1.72m
Revenue (TTM)	€3.11m

9.8x

P/E Ratio

5.4x

P/S Ratio

Is BWQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BWQ income statement (TTM)
Revenue	€3.11m
Cost of Revenue	€703.73k
Gross Profit	€2.41m
Other Expenses	€690.67k
Earnings	€1.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.89
Gross Margin	77.39%
Net Profit Margin	55.20%
Debt/Equity Ratio	0.0%

How did BWQ perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

9.79x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BWQ's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BWQ's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: BWQ is good value based on its PE Ratio (9.8x) compared to the German Software industry average (30.4x).

PE vs Market: BWQ is good value based on its PE Ratio (9.8x) compared to the German market (17.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BWQ's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BWQ is good value based on its PB Ratio (2.2x) compared to the DE Software industry average (2.8x).

Future Growth

How is Advanced Blockchain forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

22.3%

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 Advanced Blockchain 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.

Past Performance

How has Advanced Blockchain performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

40.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BWQ has high quality earnings.

Growing Profit Margin: BWQ became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: BWQ has become profitable over the past 5 years, growing earnings by 40.6% per year.

Accelerating Growth: BWQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BWQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (8.2%).

Return on Equity

High ROE: BWQ's Return on Equity (22.9%) is considered high.

Financial Health

How is Advanced Blockchain's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BWQ's short term assets (€7.3M) exceed its short term liabilities (€12.1K).

Long Term Liabilities: BWQ's short term assets (€7.3M) exceed its long term liabilities (€36.6K).

Debt to Equity History and Analysis

Debt Level: BWQ is debt free.

Reducing Debt: BWQ has not had any debt for past 5 years.

Debt Coverage: BWQ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BWQ has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Advanced Blockchain current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BWQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BWQ'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 BWQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BWQ's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BWQ has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure

CEO

Michael Geike

no data

Tenure

Mr. Michael Geike is CEO and Member of Management Board at Advanced Blockchain AG. He is a mathematician with over six years of experience as Vice President of Exotics & Hybrids Trading at JP Morgan. He al...

Board Members

Experienced Board: BWQ's board of directors are not considered experienced ( 1.1 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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31