Codebase Ventures Inc., together with its subsidiaries, engages in identifying investments in the technology, biotechnology, cannabis, and CBD wellness sectors.
Excellent balance sheet and overvalued.
Share Price & News
How has Codebase Ventures's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: C5B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: C5B underperformed the German Software industry which returned 3% over the past year.
Return vs Market: C5B underperformed the German Market which returned 0.3% over the past year.
Price Volatility Vs. Market
How volatile is Codebase Ventures's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Codebase Ventures undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate C5B's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate C5B's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: C5B is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: C5B is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate C5B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: C5B is good value based on its PB Ratio (2.2x) compared to the DE Software industry average (3.1x).
How is Codebase Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Codebase Ventures 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.
- Examine Codebase Ventures'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.
- Codebase Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Codebase Ventures performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: C5B is currently unprofitable.
Growing Profit Margin: C5B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: C5B is unprofitable, and losses have increased over the past 5 years at a rate of -50.3% per year.
Accelerating Growth: Unable to compare C5B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: C5B is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (30.4%).
Return on Equity
High ROE: C5B has a negative Return on Equity (-176.31%), as it is currently unprofitable.
How is Codebase Ventures's financial position?
Financial Position Analysis
Short Term Liabilities: C5B's short term assets (CA$508.2K) exceed its short term liabilities (CA$180.9K).
Long Term Liabilities: C5B has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: C5B is debt free.
Reducing Debt: C5B has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
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: C5B has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if C5B has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Codebase Ventures's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate C5B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate C5B'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 C5B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if C5B'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 C5B's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
George Tsafalas (50yo)
Mr. George Tsafalas serves as Chief Executive Officer of Codebase Ventures Inc. He has been President of 360 Capital Financial Services Group Inc. since September 9, 2017 and its Chief Executive Officer si ...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD112.97K) is below average for companies of similar size in the German market ($USD417.67K).
Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||3yrs||CA$56.03k||no data|
|Head of Investor Relations & Director||2.67yrs||CA$28.30k||0.089% CA$3.4k|
|Chief Strategy Officer||no data||CA$272.74k||no data|
|Consultant||2.67yrs||no data||no data|
|Executive of Branding & Marketing||2.67yrs||no data||no data|
Experienced Management: C5B's management team is considered experienced (2.8 years average tenure).
|Head of Investor Relations & Director||2.67yrs||CA$28.30k||0.089% CA$3.4k|
|Independent Director||2.08yrs||CA$3.00k||no data|
Experienced Board: C5B's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 51.7%.
Codebase Ventures Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Codebase Ventures Inc.
- Ticker: C5B
- Exchange: DB
- Founded: 2009
- Industry: Application Software
- Sector: Software
- Market Cap: CA$5.928m
- Listing Market Cap: CA$3.892m
- Shares outstanding: 395.23m
- Website: https://www.codebase.ventures
- Codebase Ventures Inc.
- 355 Burrard Street
- Suite 1780
- British Columbia
- V6C 2G8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CODE||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Oct 2015|
|C5B||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2015|
Codebase Ventures Inc., together with its subsidiaries, engages in identifying investments in the technology, biotechnology, cannabis, and CBD wellness sectors. The company was formerly known as 360 Blockchain Inc. and changed its name to Codebase Ventures Inc. in February 2019. Codebase Ventures Inc. was incorporated in 2009 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 06:04|
|End of Day Share Price||2020/05/28 00:00|
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.