Global Cannabis Applications Corp (APP) AI Stock Analysis

• Market Cap: C$1.56M
• Dividend Yield: N/A
• Average Volume (3M): 217.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.60
• Revenue Growth: 13.04%
• EPS Growth: 53.85%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 76
• Industry: Software - Infrastructure
• EPS (TTM): >-0.01
• Shares Outstanding: 312,105,070
• 10 Day Avg. Volume: 329,903
• 30 Day Avg. Volume: 217,516
• PEG Ratio: -0.03
• Price to Book (P/B): -0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 23 Underperform
• Price Target: ―

Global Cannabis Applications Corp faces significant challenges with poor financial performance marked by high leverage, negative equity, and cash flow issues. While technical indicators suggest possible oversold conditions, the valuation remains unattractive due to a negative P/E ratio. Recent corporate actions to stabilize finances provide some hope, but substantial risks persist, necessitating significant improvements for viable investment.

Global Cannabis Applications Corp Business Overview & Revenue Model

Company Description

Global Cannabis Applications Corp (GCAC) is a technology-focused company in the cannabis sector, leveraging blockchain and artificial intelligence to enhance the transparency, safety, and efficacy of cannabis products. Through its advanced technology platforms, GCAC aims to provide a comprehensive solution for tracking and verifying the quality of cannabis products from seed to sale, ensuring compliance and building consumer trust.

How the Company Makes Money

GCAC makes money primarily through licensing and subscription fees for its technology platforms, which are used by cannabis producers and distributors to track and verify product quality and compliance. Additionally, the company may earn revenue from partnerships with other technology firms and cannabis industry stakeholders, facilitating broader adoption of its solutions. GCAC's focus on blockchain and AI technology positions it to capitalize on the increasing demand for transparency and compliance in the cannabis industry.

Global Cannabis Applications Corp Financial Statement Overview

Summary

Global Cannabis Applications Corp is facing significant financial difficulties. The income statement reflects poor profitability and inconsistent revenue growth. The balance sheet highlights high leverage and negative equity, while cash flow issues impair the company's ability to sustain operations. The company needs to address its operational and financial challenges to stabilize and improve its financial health.

Income Statement

The company is experiencing declining profitability with significant negative net income and EBIT margins, indicating operational challenges. Revenue growth has been inconsistent, and gross profit margins are highly volatile, showing instability in cost management.

Balance Sheet

The balance sheet shows high leverage with negative stockholders' equity, indicating financial distress. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is unfavorable, suggesting high financial risk.

Cash Flow

The company has negative operating and free cash flows, demonstrating struggles in generating cash from operations. The free cash flow growth is negative, and the cash flow ratios indicate the company is not converting its net income into cash effectively.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
9.78K	13.07K	8.33K	7.36K	3.36K	0.00
	Gross Profit
9.48K	13.07K	-72.51K	-2.94K	3.36K	-252.00
	EBIT
-309.06K	0.00	-2.29M	-2.03M	-2.65M	-1.85M
	EBITDA
-989.03K	-1.45M	-2.05M	-1.99M	424.77K	-1.63M
	Net Income Common Stockholders
-1.03M	-1.49M	-2.17M	-2.10M	321.85K	-1.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
509.00	13.25K	48.93K	47.70K	1.02M	3.17K
	Total Assets
299.50K	50.34K	183.27K	618.66K	1.46M	359.66K
	Total Debt
406.16K	611.74K	562.51K	475.37K	442.96K	413.27K
	Net Debt
405.65K	598.48K	513.58K	427.67K	-573.97K	410.10K
	Total Liabilities
1.85M	2.91M	2.29M	1.64M	1.57M	2.22M
	Stockholders Equity
-1.55M	-2.86M	-2.11M	-1.02M	-105.31K	-1.86M
Cash Flow		Free Cash Flow
-102.21K	-112.09K	-433.07K	-1.77M	-1.96M	-140.62K
	Operating Cash Flow
-103.72K	-111.27K	-430.58K	-1.76M	-1.93M	-140.62K
	Investing Cash Flow
-548.00	-819.00	-2.50K	-7.17K	-39.08K	0.00
	Financing Cash Flow
119.52K	80.20K	434.37K	798.95K	2.98M	136.81K

Global Cannabis Applications Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$11.29B	10.07	-7.05%	2.96%	7.47%	-10.75%
VENZ	27 Underperform	$4.52M	―	-330.27%	―	-100.00%	34.17%
APP	23 Underperform	C$1.56M	―	52.14%	―	13.04%	53.85%

Global Cannabis Applications Corp Corporate Events

GCAC Strengthens Financial Position with Private Placement and Debt Settlement

Global Compliance Applications Corp. has completed a non-brokered private placement, raising $80,000 through the issuance of 8,000,000 units, each comprising one common share and one share purchase warrant. The proceeds will be used for general working capital purposes. Additionally, the company settled $360,891 of debt by issuing 36,089,141 units to creditors, with each unit including one common share and half a share purchase warrant. This financial maneuver aims to strengthen GCAC’s financial position and support its ongoing operations, potentially enhancing its market presence and stakeholder confidence.

GCAC Announces Private Placement and Debt Settlement to Boost Financial Stability

Global Compliance Applications Corp (GCAC) announced a non-brokered private placement of 8,000,000 units at $0.01 per unit, raising $80,000 to be used for general working capital. Additionally, GCAC will settle $351,891 of debt by issuing 35,189,141 units to creditors, enhancing its financial stability and potentially improving its market position. These strategic financial maneuvers aim to strengthen GCAC’s operational capabilities and stakeholder confidence.