Riot Blockchain
Market Cap
US$1.4b
Last Updated
2021/01/25 23:06 UTC
Data Sources
Company Financials +
Executive Summary
Riot Blockchain, Inc., together with its subsidiaries, focuses on building, supporting, and operating Blockchain technologies ecosystem. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Excellent balance sheet with limited growth.
Similar Companies
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 +/- 27% a week.
Volatility Over Time: RIOT's weekly volatility has increased from 21% to 27% over the past year.
Market Performance
7 Day Return
-23.7%
RIOT
5.2%
US Software
2.6%
US Market
1 Year Return
1,486.3%
RIOT
48.2%
US Software
26.0%
US Market
Return vs Industry: RIOT exceeded the US Software industry which returned 48.2% over the past year.
Return vs Market: RIOT exceeded the US Market which returned 26% over the past year.
Shareholder returns
| RIOT | Industry | Market | |
|---|---|---|---|
| 7 Day | -23.7% | 5.2% | 2.6% |
| 30 Day | 49.9% | 0.6% | 5.1% |
| 90 Day | 389.3% | 10.2% | 17.1% |
| 1 Year | 1,486.3%1,486.3% | 49.2%48.2% | 28.9%26.0% |
| 3 Year | 29.2%29.2% | 131.0%123.7% | 46.3%36.6% |
| 5 Year | 921.9%811.3% | 281.1%260.0% | 126.9%101.6% |
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 St
Is Riot Blockchain's (NASDAQ:RIOT) Share Price Gain Of 128% Well Earned?5 months ago | Simply Wall St
Is Riot Blockchain's (NASDAQ:RIOT) 109% Share Price Increase Well Justified?5 months ago | Simply Wall St
If You Had Bought Riot Blockchain (NASDAQ:RIOT) Shares A Year Ago You'd Have Earned109% ReturnsValuation
Is Riot Blockchain undervalued compared to its fair value and its price relative to the market?
15.87x
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 (15.9x) compared to the US Software industry average (9.7x).
Next Steps
Future Growth
How is Riot Blockchain forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
131.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIOT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RIOT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RIOT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RIOT's revenue (159.5% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: RIOT's revenue (159.5% per year) 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
Next Steps
Past Performance
How has Riot Blockchain performed over the past 5 years?
-27.3%
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 27.3% 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 (13.6%).
Return on Equity
High ROE: RIOT has a negative Return on Equity (-33.01%), as it is currently unprofitable.
Next Steps
Financial Health
How is Riot Blockchain's financial position?
Financial Position Analysis
Short Term Liabilities: RIOT's short term assets ($40.6M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: RIOT's short term assets ($40.6M) exceed its long term liabilities ($703.0K).
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 12%.
Balance Sheet
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RIOT has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 27.2% each year.
Next Steps
Dividend
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average board tenure
CEO
Jeff McGonegal (69 yo)
1.92yrs
Tenure
US$516,439
Compensation
Mr. Jeffrey G. McGonegal, also known as Jeff, has been the Principal of McGonegal and Co. since 1997. He is the Chief Financial Officer at Riot Blockchain, Inc. He has been Chief Executive Officer at Riot ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD516.44K) is below average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 0.17yr | no data | no data | |
| Member of Advisory Board | 3.17yrs | no data | no data | |
| Member of the Medical Advisory Board | 11.58yrs | no data | no data | |
| Member of the Medical Advisory Board | 11.58yrs | no data | no data | |
| Member of the Medical Advisory Board | 11.58yrs | no data | no data | |
| Member of The Medical Advisory Board | 11.58yrs | no data | no data | |
| Member of Industry Leading Advisory Board | 1.5yrs | no data | no data | |
| Independent Director | 2.25yrs | US$451.87k | 0.024% $ 346.0k | |
| Member of Industry Leading Advisory Board | 1.5yrs | no data | no data | |
| Independent Director | 3.17yrs | US$574.27k | 0.42% $ 5.9m | |
| Member of Industry Leading Advisory Board | 1.5yrs | no data | no data | |
| Member of Industry Leading Advisory Board | no data | no data | no data |
3.2yrs
Average Tenure
57yo
Average Age
Experienced Board: RIOT's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RIOT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.1%.
Top Shareholders
Company Information
Riot Blockchain, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Riot Blockchain, Inc.
- Ticker: RIOT
- Exchange: NasdaqCM
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: US$1.416b
- Shares outstanding: 67.53m
- Website: https://www.riotblockchain.com
Number of Employees
Location
- Riot Blockchain, Inc.
- 202 6th Street
- Suite 401
- Castle Rock
- Colorado
- 80104
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RIOT | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jan 2003 |
| AP4N | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 2003 |
| 0KX0 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 2003 |
Biography
Riot Blockchain, Inc., together with its subsidiaries, focuses on building, supporting, and operating Blockchain technologies ecosystem. It is involved in digital currency mining operation, which utilizes ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:06 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.