OTCPK:BLFD.F

Stock Analysis Report

Executive Summary

Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions in the Americas, the Caribbean, and Europe.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Blockchain Foundry's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLFD.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.6%

BLFD.F

-2.6%

US Software

-1.0%

US Market


1 Year Return

54.1%

BLFD.F

35.8%

US Software

18.0%

US Market

Return vs Industry: BLFD.F exceeded the US Software industry which returned 35.8% over the past year.

Return vs Market: BLFD.F exceeded the US Market which returned 18% over the past year.


Shareholder returns

BLFD.FIndustryMarket
7 Day1.6%-2.6%-1.0%
30 Day-7.3%4.9%0.6%
90 Day155.0%15.2%7.9%
1 Year54.1%54.1%37.3%35.8%20.4%18.0%
3 Yearn/a145.0%134.6%48.0%38.5%
5 Yearn/a214.6%191.9%72.2%53.3%

Price Volatility Vs. Market

How volatile is Blockchain Foundry's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

39.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLFD.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLFD.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLFD.F is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: BLFD.F 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 BLFD.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLFD.F is overvalued based on its PB Ratio (39.4x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

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

11.2%

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 Blockchain Foundry 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.


Next Steps

  • Take a look at our analysis of BLFD.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Blockchain Foundry's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Blockchain Foundry performed over the past 5 years?

88.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BLFD.F is currently unprofitable.

Growing Profit Margin: BLFD.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BLFD.F's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare BLFD.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLFD.F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).


Return on Equity

High ROE: BLFD.F has a negative Return on Equity (-1163.41%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Blockchain Foundry's financial position?


Financial Position Analysis

Short Term Liabilities: BLFD.F's short term assets (CA$242.8K) exceed its short term liabilities (CA$152.5K).

Long Term Liabilities: BLFD.F's short term assets (CA$242.8K) exceed its long term liabilities (CA$76.5K).


Debt to Equity History and Analysis

Debt Level: BLFD.F's debt to equity ratio (85.5%) is considered high.

Reducing Debt: Insufficient data to determine if BLFD.F's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: BLFD.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: BLFD.F's debt is covered by short term assets (assets are 2.6x debt).


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: BLFD.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BLFD.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -62.2% each year


Next Steps

Dividend

What is Blockchain Foundry's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate BLFD.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BLFD.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLFD.F'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 BLFD.F'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?

1.8yrs

Average management tenure


CEO

Dan Wasyluk 0

1.8yrs

Tenure

CA$150,350

Compensation

Mr. Daniel Wasyluk, also known as Dan, has been Chief Executive Officer & Director of Tiller Resources Ltd. (Alternate Name: Blockchain Foundry Inc.) since April 25, 2018 and served as its President From A ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD113.37K) is below average for companies of similar size in the US market ($USD522.55K).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Wasyluk
CEO & Director1.8yrsCA$150.35k10.52% CA$341.1k
Christopher Marsh
President1.8yrsCA$145.37k8.87% CA$287.6k
Sebastian Schepis
Chief Information Officer1.8yrsCA$150.35k7.66% CA$248.2k
Jagdeep Sidhu
Chief Technology Officer1.8yrsCA$255.00k10.52% CA$341.1k
Earl Flormata
Chief Marketing Officer1.8yrsno datano data

1.8yrs

Average Tenure

Experienced Management: BLFD.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Daniel Wasyluk
CEO & Director1.8yrsCA$150.35k10.52% CA$341.1k
Christopher Marsh
President1.8yrsCA$145.37k8.87% CA$287.6k
Deborah Robinson
Independent Director1.8yrsno datano data
Brennan Direnfeld
Independent Director1.3yrsno datano data

1.8yrs

Average Tenure

Experienced Board: BLFD.F's board of directors are not considered experienced ( 1.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.8%.


Top Shareholders

Company Information

Blockchain Foundry Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blockchain Foundry Inc.
  • Ticker: BLFD.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$4.299m
  • Listing Market Cap: CA$3.241m
  • Shares outstanding: 78.16m
  • Website: https://www.blockchainfoundry.co

Number of Employees


Location

  • Blockchain Foundry Inc.
  • 2300 Yonge Street
  • Suite 1600
  • Toronto
  • Ontario
  • M4P 1E4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCFNCNSX (Canadian National Stock Exchange)YesNew Common SharesCACADMay 2018
8BFDB (Deutsche Boerse AG)YesNew Common SharesDEEURMay 2018
BLFD.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDMay 2018

Biography

Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions in the Americas, the Caribbean, and Europe. It offers Blockmarket suite, a marketplace platform that allows to buy or sell its products; and Syscoin Price Peg Server, which allow non-coders to create and configure its own price peg server. The company also provides blockchain technology consulting services to corporate clients. Blockchain Foundry Inc. is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 02:57
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.