iMining Blockchain and Cryptocurrency Inc., together with its subsidiaries, engages in the mining for cryptocurrencies.
+ 3 more risks
Mediocre balance sheet and overvalued.
Share Price & News
How has iMining Blockchain and Cryptocurrency's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IBKK.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IBKK.F underperformed the US Software industry which returned 42.2% over the past year.
Return vs Market: IBKK.F underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is iMining Blockchain and Cryptocurrency's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is iMining Blockchain and Cryptocurrency 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 IBKK.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IBKK.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IBKK.F is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: IBKK.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 IBKK.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IBKK.F is good value based on its PB Ratio (3.1x) compared to the US Software industry average (6x).
How is iMining Blockchain and Cryptocurrency 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 iMining Blockchain and Cryptocurrency 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.
- Take a look at our analysis of IBKK.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 iMining Blockchain and Cryptocurrency's filings and announcements here.
- Explore growth companies in the Software industry.
How has iMining Blockchain and Cryptocurrency performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBKK.F is currently unprofitable.
Growing Profit Margin: IBKK.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IBKK.F is unprofitable, and losses have increased over the past 5 years at a rate of -57.1% per year.
Accelerating Growth: Unable to compare IBKK.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IBKK.F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (17.1%).
Return on Equity
High ROE: IBKK.F has a negative Return on Equity (-379.9%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is iMining Blockchain and Cryptocurrency's financial position?
Financial Position Analysis
Short Term Liabilities: IBKK.F's short term assets (CA$116.7K) do not cover its short term liabilities (CA$211.7K).
Long Term Liabilities: IBKK.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IBKK.F is debt free.
Reducing Debt: IBKK.F had no debt 5 years ago.
Inventory Level: IBKK.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if IBKK.F's debt is covered by short term assets.
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: IBKK.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IBKK.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -36.8% each year
What is iMining Blockchain and Cryptocurrency's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate IBKK.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IBKK.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 IBKK.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IBKK.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 IBKK.F'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
Robert Eadie (54yo)
Mr. Robert Eadie serves as the Chief Executive Officer, President and Director of iMining Blockchain and Cryptocurrency Inc. (previously known as Parlane Resource Corp.) and Hemp For Health Inc. He joined ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD22.64K) is below average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
|CFO, Corporate Secretary & Director||12.7yrs||CA$30.00k||5.67% CA$68.4k|
|Independent Director||1.9yrs||no data||no data|
|Additional Independent Director||1.8yrs||no data||no data|
Experienced Board: IBKK.F's board of directors are considered experienced (7.3 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 diluted in the past year, with total shares outstanding growing by 22.4%.
iMining Blockchain and Cryptocurrency Inc.'s company bio, employee growth, exchange listings and data sources
- Name: iMining Blockchain and Cryptocurrency Inc.
- Ticker: IBKK.F
- Exchange: OTCPK
- Founded: 2007
- Industry: Application Software
- Sector: Software
- Market Cap: CA$1.600m
- Listing Market Cap: CA$1.207m
- Shares outstanding: 29.09m
- Website: https://www.imining.com
- iMining Blockchain and Cryptocurrency Inc.
- 580 Hornby Street
- Suite 750
- British Columbia
- V6C 3B6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IMIN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2007|
|P1A||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2007|
|IBKK.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2007|
iMining Blockchain and Cryptocurrency Inc., together with its subsidiaries, engages in the mining for cryptocurrencies. The company was formerly known as Parlane Resource Corp. and changed its name to iMining Blockchain and Cryptocurrency Inc. in April 2018. iMining Blockchain and Cryptocurrency Inc. was incorporated in 2007 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:34|
|End of Day Share Price||2020/02/13 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.