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DMG Blockchain Solutions Inc is currently in a long term downtrend where the price is trading 30.9% below its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 32.5.
DMG Blockchain Solutions Inc's total revenue sank by 21.8% to $2M since the same quarter in the previous year.
Its net income has increased by 21.4% to $-671K since the same quarter in the previous year.
Finally, its free cash flow fell by 446.3% to $-336K since the same quarter in the previous year.
Based on the above factors, DMG Blockchain Solutions Inc gets an overall score of 2/5.
ISIN | CA23345B2003 |
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Sector | Financial Services |
Industry | Capital Markets |
Exchange | V |
CurrencyCode | CAD |
PE Ratio | None |
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Target Price | 0.7733 |
Beta | 6.48 |
Market Cap | 51M |
Dividend Yield | None |
DMG Blockchain Solutions Inc., together with its subsidiaries, operates as a blockchain and crypto-currency company in North America. The company manages, operates, and develops digital solutions to monetize the blockchain and generative artificial intelligence (AI) compute ecosystems. It also offers transaction verification/Bitcoin mining, AI compute, server hosting, data center operation and colocation, and forensic consulting services; and engages in the research and development of technology solutions. In addition, the company develops and licenses Blockseer blockchain infrastructure software comprising Terra Pool, which enables carbon neutral Bitcoin miners increased monetization opportunities while contributing to decarbonization of the Bitcoin blockchain; Helm, a data center facility manager used to maximize Bitcoin mining fleet uptime and efficiency; Blockseer Petra, which enables users to transact via the Bitcoin blockchain in a carbon neutral manner; Blockseer WalletScore that allows users to have choice to send transactions that are not commingled with bad actors; and Blockseer Breeze, which enables Terra Pool to pay out clients and ordinal creators to have full control of their content post-inscription. Further, it provides BlockSeer blockchain digital asset transaction applications consisting of Systemic Trust, which reduces the risk in the blockchain ecosystem by providing secure, independent institutional digital asset custody and transactions utilizing Petra; Blockseer Exchange Partnerships, which allows a blockchain-based digital asset trading platform that minimizes counterparty risk; Reactor.xyz that assures that contracted hashrate transferred from seller to buyer meets requirements for the entirety of its term; and Blockseer Explorer, an analytics tool that enables users to track and trace Bitcoin transactions between any two wallets for a given number of hops. DMG Blockchain Solutions Inc. is headquartered in Delta, Canada.
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