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DMG Blockchain Solutions DB:6AX Stock Report

Last Price

€0.25

Market Cap

€53.5m

7D

-14.9%

1Y

-38.7%

Updated

22 Dec, 2024

Data

Company Financials +

DMG Blockchain Solutions Inc.

DB:6AX Stock Report

Market Cap: €53.5m

6AX Stock Overview

Operates as a blockchain and crypto-currency company in North America. More details

6AX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 14.6% per year over past 5 years

Highly volatile share price over the past 3 months compared to the German market

Does not have a meaningful market cap (€80M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

DMG Blockchain Solutions Inc. Competitors

CENIT

XTRA:CSH

€61.5m

OTRS

DB:TR9

€32.0m

Cliq Digital

XTRA:CLIQ

€31.2m

INTERSHOP Communications

XTRA:ISHA

€25.7m

Price History & Performance

Summary of share price highs, lows and changes for DMG Blockchain Solutions
Historical stock prices
Current Share PriceCA$0.25
52 Week HighCA$0.51
52 Week LowCA$0.24
Beta4.86
1 Month Change-16.24%
3 Month Change-15.38%
1 Year Change-38.74%
3 Year Change-59.89%
5 Year Change438.04%
Change since IPO-45.24%

Recent News & Updates

Recent updates

Shareholder Returns

6AXDE SoftwareDE Market
7D-14.9%-1.7%-2.6%
1Y-38.7%65.4%6.9%

Return vs Industry: 6AX underperformed the German Software industry which returned 65.4% over the past year.

Return vs Market: 6AX underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is 6AX's price volatile compared to industry and market?
6AX volatility
6AX Average Weekly Movement17.0%
Software Industry Average Movement5.1%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 6AX's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 6AX's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aSheldon Bennettdmgblockchain.com

DMG Blockchain Solutions Inc., together with its subsidiaries, operates as a blockchain and crypto-currency company in North America. The company manages, operates, and develops digital solutions to monetize the blockchain and generative artificial intelligence (AI) compute ecosystems. It also offers transaction verification/Bitcoin mining, AI compute, server hosting, data center operation and colocation, and forensic consulting services; and engages in the research and development of technology solutions.

DMG Blockchain Solutions Inc. Fundamentals Summary

How do DMG Blockchain Solutions's earnings and revenue compare to its market cap?
6AX fundamental statistics
Market cap€53.50m
Earnings (TTM)-€3.49m
Revenue (TTM)€22.61m

2.4x

P/S Ratio

-15.3x

P/E Ratio

Is 6AX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6AX income statement (TTM)
RevenueCA$33.90m
Cost of RevenueCA$19.73m
Gross ProfitCA$14.17m
Other ExpensesCA$19.40m
Earnings-CA$5.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.026
Gross Margin41.79%
Net Profit Margin-15.43%
Debt/Equity Ratio16.5%

How did 6AX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

DMG Blockchain Solutions Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin DedeH.C. Wainwright & Co.
Daniel KimParadigm Capital, Inc.