Flexwork Properties (BVCI) AI Stock Analysis

• Market Cap: C$3.79M
• Dividend Yield: N/A
• Average Volume (3M): 10.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.55
• Revenue Growth: N/A
• EPS Growth: 43.70%
• Country: CA
• Employees: 5
• Sector: Technology
• Sector Strength: 82
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 30,319,574
• 10 Day Avg. Volume: 23,153
• 30 Day Avg. Volume: 10,252
• PEG Ratio: 0.03
• Price to Book (P/B): -16.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.36
• 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: 24 Underperform
• Price Target: ―

Flexwork Properties faces significant financial challenges, with persistent losses, negative cash flows, and high leverage. The technical indicators suggest bearish momentum, and the valuation metrics highlight the company's unprofitability. Overall, the stock carries high risks with limited appeal for investors.

Flexwork Properties Business Overview & Revenue Model

Company Description

Flexwork Properties (BVCI) is a leading real estate company specializing in the development and management of flexible office spaces. The company operates across the commercial real estate sector, offering dynamic workspace solutions tailored to the evolving needs of modern businesses and freelancers. Flexwork Properties provides a range of services including coworking spaces, private office rentals, and virtual office solutions designed to enhance productivity and collaboration.

How the Company Makes Money

Flexwork Properties generates revenue through multiple streams tied to its flexible office solutions. The primary revenue source is leasing and renting office spaces on a short-term and long-term basis to businesses of various sizes, from startups to large corporations. The company also earns income from membership fees for access to coworking spaces and services, which include amenities like high-speed internet, meeting rooms, and event spaces. Additionally, Flexwork Properties partners with technology and service providers to enhance its offerings, often sharing revenue from services such as IT support, office supplies, and catering services. By adapting to market demands and leveraging strategic partnerships, the company maximizes its occupancy rates and service utilization, contributing significantly to its profitability.

Flexwork Properties Financial Statement Overview

Summary

Flexwork Properties is in a challenging financial position, characterized by persistent losses, inability to generate revenue, high leverage, and negative cash flows. The financial health of the company is weak, with significant risks of insolvency and continued operational inefficiencies.

Income Statement

Flexwork Properties shows a persistent inability to generate revenue, with total revenue reported as zero in the most recent periods. Gross and net profit margins are negative due to consistent losses, reflecting poor profitability. EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The company is highly leveraged, with a negative stockholders' equity indicating insolvency risks. The debt-to-equity ratio cannot be calculated due to negative equity, and return on equity is negative due to losses. The equity ratio also reflects a weak capital structure with liabilities exceeding assets.

Cash Flow

Flexwork Properties faces negative operating and free cash flows, which have deteriorated over time. The operating cash flow to net income ratio is poor, reflecting inefficient cash management. Despite financing activities providing cash inflows, the company struggles with cash sufficiency.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
110.96K	0.00	0.00	191.00	1.20K	0.00
	Gross Profit
-97.81K	-456.06K	-1.65K	-11.00	606.00	0.00
	EBIT
-1.94M	-4.25M	-4.40M	-2.12M	-1.05M	-441.76K
	EBITDA
-2.43M	-4.25M	-4.40M	-2.16M	-1.07M	0.00
	Net Income Common Stockholders
-2.17M	-4.43M	-9.72M	-2.37M	-1.21M	-661.56K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
929.00	7.02K	48.51K	229.46K	62.77K	112.49K
	Total Assets
59.79K	31.76K	150.12K	278.40K	108.52K	118.58K
	Total Debt
2.58M	2.05M	896.18K	665.25K	937.67K	692.62K
	Net Debt
2.58M	2.04M	847.67K	435.78K	874.90K	580.12K
	Total Liabilities
4.07M	2.66M	1.74M	737.91K	1.05M	748.87K
	Stockholders Equity
-4.01M	-2.63M	-1.59M	-459.50K	-944.41K	-630.29K
Cash Flow		Free Cash Flow
-1.48M	-4.08M	-3.64M	-1.98M	-936.19K	-391.40K
	Operating Cash Flow
-1.48M	-4.08M	-3.64M	-1.98M	-935.06K	-389.48K
	Investing Cash Flow
-2.68K	-2.36K	0.00	-2.21K	-1.13K	-1.92K
	Financing Cash Flow
1.83M	4.04M	3.46M	2.15M	886.47K	502.81K

Flexwork Properties Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BVCI, the sentiment is Neutral. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 87.21 is Negative, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BVCI.

Flexwork Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DIR.UN	76 Outperform	C$3.27B	14.37	4.92%	6.03%	6.68%	14.72%
GRT.UN	76 Outperform	C$4.24B	13.76	5.70%	4.91%	10.23%	47.96%
REI.UN	69 Neutral	$5.20B	20.24	3.61%	6.56%	13.66%	426.86%
Sector *	62 Neutral	$11.95B	9.93	-7.21%	4.85%	7.32%	-8.25%
HR.UN	60 Neutral	C$2.84B	―	-3.89%	5.54%	-6.43%	-35204.55%
D.UN	56 Neutral	$301.76M	―	-13.41%	6.29%	3.69%	-168.76%
BVCI	24 Underperform	C$3.79M	―	168.65%	―	―	43.70%

Flexwork Properties Corporate Events

Blockchain Venture Capital Inc. Announces Leadership Change and Private Placement Offering

Blockchain Venture Capital Inc. has announced the resignation of Tom Griffin as CEO and the re-appointment of Richard Zhou, the company’s founder, to the position of CEO and Chairman. Additionally, the company plans to conduct a non-brokered private placement to raise up to CA$500,000, which will be used for corporate expenditures and working capital. This move could potentially enhance the company’s financial stability and support its ongoing operations.