Belgravia Capital International Inc (BLGV) AI Stock Analysis

• Market Cap: C$4.82M
• Dividend Yield: N/A
• Average Volume (3M): 616.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.52
• Revenue Growth: 19.82%
• EPS Growth: -51.61%
• Country: CA
• Employees: 9
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.03
• Shares Outstanding: 137,720,840
• 10 Day Avg. Volume: 891,522
• 30 Day Avg. Volume: 616,415
• PEG Ratio: 0.06
• Price to Book (P/B): -10.90
• Price to Sales (P/S): -6.37
• P/FCF Ratio: -5.16
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: C$0.03 ▼(-3.33% Downside)

The score is primarily weighed down by weak financial performance (large losses, ongoing cash burn, and elevated leverage/volatility) and bearish technicals (below major moving averages with negative MACD). Positive corporate events provide some support, but they are not yet reflected in proven, sustained profitability or cash generation.

Positive Factors

Strategic Crypto Investment

The increased investment in Sui Blockchain aligns with Belgravia's focus on blockchain advancements, potentially enhancing its market position in the crypto sector.

Debt Settlement

Settling debt through warrants can improve financial standing and shareholder value, reducing financial strain and enhancing long-term stability.

Leadership Strengthening

Strengthening leadership with experienced individuals can improve strategic decision-making and corporate governance, supporting long-term business development.

Negative Factors

Negative Equity

Negative equity indicates more liabilities than assets, posing a risk to financial health and limiting the company's ability to leverage assets for growth.

Cash Flow Instability

Volatile cash flow and negative free cash flow highlight liquidity challenges, impacting the company's ability to sustain operations and invest in growth.

Persistent Negative Revenue Growth

Ongoing revenue decline and negative profit margins suggest operational inefficiencies, hindering the company's ability to achieve profitability and long-term growth.

Belgravia Capital International Inc Business Overview & Revenue Model

Company Description

Belgravia Hartford Capital Inc. focuses on incubation, investments, and royalty and management services businesses. The company offers services to support the development of early stage companies; and merchant banking services. It also invests in various private and public companies with a focus on resources, technology, and healthcare sectors. The company was formerly known as Belgravia Capital International Inc. and changed its name to Belgravia Hartford Capital Inc. in December 2019. Belgravia Hartford Capital Inc. is based in Kelowna, Canada.

How the Company Makes Money

Belgravia Capital International Inc generates revenue primarily through its investments and holdings in various sectors. The company earns money by acquiring, developing, and managing a diverse portfolio of companies, with a focus on creating value through strategic partnerships, operational improvements, and financial restructuring. Revenue streams may include capital gains from the sale of investments, dividends, and interest income from portfolio companies, as well as management fees from subsidiaries. The company's financial performance is influenced by the success of its investments, market conditions, and the strategic execution of its business development plans.

Belgravia Capital International Inc Financial Statement Overview

Summary

Belgravia Capital International Inc faces severe financial difficulties. Persistent negative revenue growth and profit margins, coupled with a deteriorating balance sheet characterized by negative equity, suggest an urgent need for financial restructuring. Cash flow instability further underscores the company's liquidity challenges, posing significant risks to its financial health and operational continuity.

Income Statement

The income statement reveals significant financial challenges. TTM (Trailing-Twelve-Months) revenue and profitability metrics are negative, indicating ongoing losses. Revenue has been declining significantly over the past years. The net profit margin and other profitability measures like EBIT and EBITDA margins are negative, reflecting operational inefficiencies and high expenses relative to revenue.

Balance Sheet

The balance sheet shows a weak financial position. The company has negative stockholders' equity as of the latest TTM period, indicating more liabilities than assets, which is a critical concern. The absence of debt is a positive aspect, but the negative equity ratio and declining asset base highlight financial instability.

Cash Flow

Cash flow analysis indicates volatility and challenges in liquidity management. Operating cash flow has swung from positive to negative in recent periods, and free cash flow remains negative, pointing to cash generation issues. The free cash flow to net income ratio is poor, exacerbating concerns about cash sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-314.65K	-580.20K	-638.38K	-6.29M	699.70K	1.44M
Gross Profit	-1.22M	-820.79K	-1.11M	-7.48M	-2.64M	112.47K
EBITDA	-4.17M	-1.74M	-2.23M	-9.78M	-4.09M	-2.07M
Net Income	-4.19M	-1.79M	-2.22M	-9.87M	-4.09M	6.20M
Balance Sheet
Total Assets	13.60M	582.63K	1.24M	3.15M	12.79M	15.53M
Cash, Cash Equivalents and Short-Term Investments	13.53M	357.20K	1.19M	2.97M	12.66M	15.35M
Total Debt	8.94M	230.29K	0.00	0.00	0.00	0.00
Total Liabilities	9.59M	921.69K	864.18K	556.15K	279.51K	184.89K
Stockholders Equity	4.01M	-339.06K	376.78K	2.60M	12.51M	15.35M
Cash Flow
Free Cash Flow	-2.33M	-715.73K	52.35K	-33.54K	424.16K	-2.48M
Operating Cash Flow	-2.32M	-713.38K	52.35K	-33.54K	426.18K	-2.48M
Investing Cash Flow	-3.54M	-2.35K	0.00	3.25M	-2.02K	1.93M
Financing Cash Flow	6.03M	997.79K	0.00	-128.79K	-348.22K	0.00

Belgravia Capital International Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BLGV, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.94 is Neutral, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BLGV.

Belgravia Capital International Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ZC	67 Neutral	C$6.21M	0.40	75.06%	―	486.23%	478.94%
PDV	66 Neutral	C$6.79M	3.49	42.23%	7.52%	-54.61%	273.14%
QCA	48 Neutral	C$4.68M	-1.08	-37.19%	―	26.42%	-1217.14%
IDK	45 Neutral	C$6.60M	-0.25	-55.73%	―	53.55%	-289.42%
AAB	43 Neutral	C$4.02M	-0.35	-178.43%	―	82.65%	-70.88%
BLGV	42 Neutral	C$4.82M	-0.83	-226.11%	―	19.82%	-51.61%

Belgravia Capital International Inc Corporate Events

Belgravia Hartford Retires US$1.5 Million Credit Line in Bitcoin, Tightens Bitcoin Treasury Strategy

Belgravia Hartford Capital Inc. has fully repaid its US$1.5 million line of credit to Round13 Digital Asset Fund by returning 14.21448 Bitcoin held under a Bitcoin Standard loan agreement, a move that removes a debt overhang, reduces loan-related risk and costs, and strengthens its balance sheet while advancing its Bitcoin treasury strategy. Following the repayment, Belgravia holds 68.72854407 Bitcoin, of which 26.350911 are unencumbered, and it confirmed that a separate US$5 million convertible debenture used to purchase 42.3776327 Bitcoin remains in place, with amended terms that could trigger an accelerated conversion to equity if the share price sustains a specified trading level, potentially reshaping its capital structure and deepening its positioning within the Bitcoin-focused investment space.

The most recent analyst rating on (TSE:BLGV) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Belgravia Capital International Inc stock, see the TSE:BLGV Stock Forecast page.

Belgravia Hartford Signs LOI with DelphX for First QCS Bitcoin Treasury Protection Deal

Belgravia Hartford Capital Inc. has signed a non-binding letter of intent with DelphX Capital Markets Inc. to collaborate on executing the first commercial QCS transaction, which would make Belgravia the inaugural corporate purchaser of a QCS collateralized put option aimed at protecting and preserving corporate Bitcoin treasury holdings. Under the proposed arrangement, Belgravia is also expected to provide advisory and structuring support for DelphX’s QCS launch, including work on documentation, compliance and onboarding with the placement agent, a move that could strengthen Belgravia’s positioning in Bitcoin-focused risk management solutions while showcasing DelphX’s proprietary collateralized put and reference note products to institutional users, subject to regulatory approvals, market conditions and definitive agreements.

Belgravia Hartford Confirms Bitcoin Holdings, Sets Trial Date and Eyes Insider-Backed Financing

Belgravia Hartford Capital Inc. has reaffirmed that it continues to hold 83 Bitcoin and maintains a US$12.2 million royalty tied to the 2017 sale of the Ochoa asset, while a jury trial date has been set for February 17–18, 2026, in its audit and inspection dispute with Polynatura Corp. The company also outlined a potential short‑term insider financing plan under which certain insiders may sell shares in the market and use the proceeds to advance loans for working capital, structured at a 3% annual interest rate and potentially convertible into equity subject to Canadian Securities Exchange approval; year‑to‑date, President and CEO Mehdi Azodi has already advanced C$123,000 on similar terms, highlighting the firm’s reliance on insider support to preserve its Bitcoin position and fund operations.

Belgravia Hartford Capital Inc. Announces AGM Results and Strategic Appointments

Belgravia Hartford Capital Inc. announced the results of its Annual General Meeting, where shareholders showed strong support for the company’s strategic direction. Patrick Wood, a seasoned capital markets professional, was elected to the board, and MNP LLP was appointed as the auditor. The AGM results empower the board and management to confidently pursue their 2026 strategic agenda, reinforcing the company’s position in the tech and finance sectors. The election of Patrick Wood is expected to bring valuable expertise and networks to Belgravia, benefiting the company and its shareholders.

Belgravia Hartford Joins Future Investment Initiative to Boost Global Profile

Belgravia Hartford Capital Inc. has joined the Future Investment Initiative (FII) Institute and participated in the 9th FII Conference in Riyadh, Saudi Arabia. This membership and participation are strategic moves to enhance Belgravia’s international profile and foster global relationships. The conference provided a platform for Belgravia to engage with global leaders and explore opportunities related to its Bitcoin Treasury and investment strategy, supporting its objective to expand its network and advance value creation initiatives.

Belgravia Hartford Updates Bitcoin Treasury and Debenture Strategy

Belgravia Hartford Capital Inc. has announced a strategic update involving the repricing of its US$5 million convertible debenture and an overview of its Bitcoin treasury holdings. The conversion price adjustment aligns with market conditions to encourage conversion into equity, aiming to reduce debt and align investor interests with the company’s growth strategy. Belgravia’s Bitcoin treasury, comprising 83.14 BTC, reflects its commitment to integrating Bitcoin into its financial structure. The company’s innovative approach positions it as a pioneer in incorporating Bitcoin into its capital strategy, reinforcing its vision of transparency and balance sheet strength.