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Global Tech Industries Group, Inc. (GTII)
:GTII
US Market
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Global Tech Industries Group (GTII) AI Stock Analysis

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Global Tech Industries Group

(OTC:GTII)

Rating:18Underperform
Price Target:
The overall score reflects severe financial challenges, with negative revenue and profitability metrics, insolvency risks, and poor cash flow. The technical analysis indicates a bearish trend, while valuation metrics are unfavorable. Lack of positive communication or strategic guidance in the earnings call further weighs down the score.

Global Tech Industries Group (GTII) vs. SPDR S&P 500 ETF (SPY)

Global Tech Industries Group Business Overview & Revenue Model

Company DescriptionGlobal Tech Industries Group, Inc. operates an online cryptocurrency trading platform in the United States. It operates Beyond Blockchain, a cryptocurrency trading platform, which allows multi-currency clearing and direct settlements in Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin, Bitcoin SV, Aave, Compound, Uniswap, Chainlink, and Yearn Finance. The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016. Global Tech Industries Group, Inc. was incorporated in 1980 and is based in New York, New York.
How the Company Makes MoneyGTII generates revenue through a combination of strategic acquisitions and organic growth initiatives. The company typically invests in businesses with high growth potential, leveraging synergies across its portfolio to maximize returns. Revenue streams include sales of consumer products, licensing of technology, and services related to its health and wellness operations. GTII also engages in strategic partnerships to expand its market reach and create additional revenue channels.

Global Tech Industries Group Financial Statement Overview

Summary
Global Tech Industries Group is facing severe financial difficulties with negative revenue growth, unstable profit margins, and significant leverage issues. The balance sheet shows insolvency risks due to negative equity, and cash flow analysis indicates unsustainable cash generation from operations. Urgent restructuring or strategic changes are necessary to improve financial health.
Income Statement
5
Very Negative
The company reported no revenue in the most recent year, marking a significant decline from 2021 levels. Gross profit margin is negative, and net profit margin is substantially negative, indicating chronic profitability issues. Both EBIT and EBITDA margins are deeply negative, highlighting operational challenges.
Balance Sheet
10
Very Negative
The company has a negative stockholders' equity, indicating insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, but the total liabilities are significantly larger than assets. The equity ratio is also negative, suggesting high financial instability.
Cash Flow
15
Very Negative
Operating cash flow is negative, which is concerning as it indicates that the company is not generating cash from its core operations. There is no growth in free cash flow, and the free cash flow to net income ratio is negative, reflecting unsustainable financial health.
BreakdownDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income Statement
Total Revenue0.000.0024.12K8.50K0.00
Gross Profit-803.00-1.70K19.09K8.50K0.00
EBITDA-97.59M-13.46M-6.00M-2.58M-1.86M
Net Income-97.88M-21.98M-6.06M-2.78M-1.43M
Balance Sheet
Total Assets1.28M18.35M8.42M258.59K45.48K
Cash, Cash Equivalents and Short-Term Investments1.26M3.36M522.14K33.48K45.48K
Total Debt5.40M5.92M2.50M945.88K4.41M
Total Liabilities8.33M8.84M4.55M2.03M5.75M
Stockholders Equity-7.06M9.51M3.87M-1.77M-5.71M
Cash Flow
Free Cash Flow-4.37M-488.28K-660.62K-176.61K-223.60K
Operating Cash Flow-4.37M-488.28K-655.62K-173.40K-223.60K
Investing Cash Flow50.00K-106.56K166.13K-3.07K206.24K
Financing Cash Flow2.24M3.56M846.16K177.51K10.98K

Global Tech Industries Group Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.17
Price Trends
50DMA
0.13
Positive
100DMA
0.13
Positive
200DMA
0.08
Positive
Market Momentum
MACD
<0.01
Negative
RSI
53.99
Neutral
STOCH
86.37
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GTII, the sentiment is Positive. The current price of 0.17 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.13, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.99 is Neutral, neither overbought nor oversold. The STOCH value of 86.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GTII.

Global Tech Industries Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$12.95M-66.08%3125.00%98.06%
58
Neutral
HK$14.28B4.63-3.01%6.75%3.67%-54.16%
37
Underperform
$68.98M-19.87%
18
Underperform
$57.74M
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GTII
Global Tech Industries Group
0.17
0.15
750.00%
PHUN
Phunware
3.42
-1.79
-34.36%
VERB
Verb Technology Company
9.13
-11.27
-55.25%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 02, 2025