BlockchainK2 Corp. (TSE:BITK)
:BITK
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BlockchainK2
(BITK)
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Rating:40Underperform
Price Target:
C$0.05
▼(-40.00% Downside)
Action:Downgraded
Date:04/18/26
The score is held down primarily by weak financial performance (ongoing losses, persistent cash burn, and negative equity), with technicals also bearish as the price sits below major moving averages and MACD is negative. Valuation provides limited support due to loss-making results (negative P/E) and no dividend yield data.
Positive Factors
Blockchain-focused business model
A focused blockchain/crypto strategy provides structural exposure to a growing industry with multiple monetization paths (development services, asset management, licensing, equity stakes). This diversified blockchain-first model supports durable revenue optionality as adoption of DLT expands over coming quarters.
Negative Factors
Negative shareholders' equity
Negative equity is a structural credit and solvency red flag: it limits access to debt or equity financing on favorable terms, increases refinancing risk, and signals accumulated losses. Over the medium term this undermines financial flexibility and heightens the risk of forced restructuring if cash needs persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Blockchain-focused business model
A focused blockchain/crypto strategy provides structural exposure to a growing industry with multiple monetization paths (development services, asset management, licensing, equity stakes). This diversified blockchain-first model supports durable revenue optionality as adoption of DLT expands over coming quarters.
Read all positive factors
BlockchainK2 (BITK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.89M
Dividend YieldN/A
Average Volume (3M)33.45K
Price to Earnings (P/E)―
Beta (1Y)0.76
Revenue Growth-102.44%
EPS Growth35.85%
CountryCA
Employees6
SectorTechnology
Sector Strength88
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)-0.02
Shares Outstanding37,753,204
10 Day Avg. Volume10,421
30 Day Avg. Volume33,448
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-1.54
Price to Sales (P/S)19.13
P/FCF Ratio-9.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BlockchainK2 Business Overview & Revenue Model
Company Description
BlockchainK2 Corp. focuses its investments on developing and deploying blockchain technology solutions across various industries, particularly within capital markets. Its portfolio includes RealBlocks, a digital platform designed for real estate i...
How the Company Makes Money
BlockchainK2 generates revenue through its investments and partnerships with blockchain-related projects and businesses. The company monetizes by offering blockchain development services, managing cryptocurrency-related assets, and potentially ear...
BlockchainK2 Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
14
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Sep 2023 | Dec 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -10.70K | 142.66K | 284.61K | 31.90K | 73.18K | 114.85K |
| Gross Profit | -128.32K | -143.31K | 250.65K | 19.24K | 33.51K | 37.49K |
| EBITDA | -630.65K | -949.26K | -2.72M | -274.79K | -1.11M | -2.20M |
| Net Income | -703.18K | -1.02M | -2.73M | -316.14K | -1.08M | -2.21M |
Balance Sheet | ||||||
| Total Assets | 245.13K | 346.90K | 496.11K | 1.16M | 1.35M | 1.87M |
| Cash, Cash Equivalents and Short-Term Investments | 21.15K | 248.51K | 125.86K | 37.71K | 44.66K | 573.81K |
| Total Debt | 244.67K | 684.21K | 99.28K | 480.23K | 504.07K | 85.59K |
| Total Liabilities | 1.63M | 2.24M | 1.28M | 863.97K | 968.85K | 362.25K |
| Stockholders Equity | -1.26M | -1.77M | -733.34K | 341.25K | 412.84K | 1.46M |
Cash Flow | ||||||
| Free Cash Flow | -202.43K | -302.39K | -858.20K | -170.89K | -1.00M | -748.36K |
| Operating Cash Flow | -202.42K | -302.39K | -858.20K | -170.89K | -1.00M | -748.36K |
| Investing Cash Flow | -138.06K | 2.52K | -223.44K | 0.00 | 53.73K | -186.01K |
| Financing Cash Flow | 430.00K | 443.88K | 1.16M | 164.64K | 419.21K | 103.52K |
BlockchainK2 Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | C$115.56M | -12.13 | -9.23% | ― | 7.99% | 55.86% | |
51 Neutral | C$1.45M | -5.13 | 3.27% | ― | ― | 1.75% | |
47 Neutral | C$23.13M | -19.42 | -63.28% | ― | -15.87% | 96.43% | |
44 Neutral | C$1.58M | -0.43 | ― | ― | ― | ― | |
42 Neutral | C$2.33M | -0.69 | -108.07% | ― | -81.55% | 45.99% | |
40 Underperform | C$1.89M | -1.58 | 103.61% | ― | -102.44% | 35.85% |
* Technology Sector Average
TSE:BITK
BlockchainK2
0.05
-0.02
-33.33%
TSE:CSTR
CryptoStar Corp
0.01
-0.01
-50.00%
TSE:BIGG
BIGG Digital Assets
0.07
-0.06
-48.00%
TSE:BKMT
BlockMint Technologies
0.03
-0.06
-64.71%
TSE:DMGI
DMG Blockchain Solutions
0.56
0.31
119.61%
TSE:SPIR
SPIRIT Blockchain Capital, Inc.
0.01
-0.03
-77.78%
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.