Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Riot Blockchain's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RIOT is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 29% a week.
Volatility Over Time: RIOT's weekly volatility has increased from 23% to 29% over the past year.
7 Day Return
1 Year Return
Return vs Industry: RIOT exceeded the US Software industry which returned 62.8% over the past year.
Return vs Market: RIOT exceeded the US Market which returned 55.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Riot Blockchain's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StRiot Blockchain, Inc.'s (NASDAQ:RIOT) Has Found A Path To Profitability
4 months ago | Simply Wall StIs Riot Blockchain's (NASDAQ:RIOT) Share Price Gain Of 128% Well Earned?
7 months ago | Simply Wall StIs Riot Blockchain's (NASDAQ:RIOT) 109% Share Price Increase Well Justified?
Is Riot Blockchain 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 RIOT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RIOT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RIOT is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: RIOT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIOT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIOT is overvalued based on its PB Ratio (14.1x) compared to the US Software industry average (8.7x).
How is Riot Blockchain forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Software industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if RIOT's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if RIOT's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if RIOT's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if RIOT's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RIOT's Return on Equity is forecast to be high in 3 years time
How has Riot Blockchain performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIOT is currently unprofitable.
Growing Profit Margin: RIOT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RIOT is unprofitable, and losses have increased over the past 5 years at a rate of 21.3% per year.
Accelerating Growth: Unable to compare RIOT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIOT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (16.3%).
Return on Equity
High ROE: RIOT has a negative Return on Equity (-4.57%), as it is currently unprofitable.
How is Riot Blockchain's financial position?
Financial Position Analysis
Short Term Liabilities: RIOT's short term assets ($236.3M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: RIOT's short term assets ($236.3M) exceed its long term liabilities ($679.0K).
Debt to Equity History and Analysis
Debt Level: RIOT is debt free.
Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 13%.
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: RIOT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RIOT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 31.2% each year
What is Riot Blockchain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIOT'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 RIOT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIOT'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 RIOT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jason Les (34 yo)
Mr. Jason Les serves as the Chief Executive Officer since February 8, 2021 and serves as the Non Independent Executive Director at Riot Blockchain, Inc. since November 2017 and was its Member of Advisory B...
Experienced Board: RIOT's board of directors are considered experienced (3.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 171.1%.
Riot Blockchain, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Riot Blockchain, Inc.
- Ticker: RIOT
- Exchange: NasdaqCM
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: US$4.175b
- Shares outstanding: 84.12m
- Website: https://www.riotblockchain.com
Number of Employees
- Riot Blockchain, Inc.
- 202 6th Street
- Suite 401
- Castle Rock
- United States
Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. The company primarily focuses on bitcoin mining. As of December 31, 2020, it operated a f...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 23:25|
|End of Day Share Price||2021/04/09 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.