Boardwalktech Software (BWLK) AI Stock Analysis

• Market Cap: C$6.67M
• Dividend Yield: N/A
• Average Volume (3M): 28.67K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.73
• Revenue Growth: -14.23%
• EPS Growth: 25.49%
• Country: CA
• Employees: 50
• Sector: Technology
• Sector Strength: 54
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 55,622,578
• 10 Day Avg. Volume: 21,955
• 30 Day Avg. Volume: 28,666
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.96
• Price to Cash Flow (P/CF): -3.40
• P/FCF Ratio: 0.00
• 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

Boardwalktech Software faces significant financial difficulties, with declining revenues and high leverage being major concerns. The technical outlook is neutral to bearish, and valuation metrics suggest caution. However, recent corporate actions and strategic partnerships provide a silver lining, indicating potential for future improvement if effectively executed.

Boardwalktech Software Business Overview & Revenue Model

Company Description

Boardwalktech Software (BWLK) is a technology company specializing in digital ledger technology and enterprise software solutions. The company operates in sectors such as supply chain management, finance, and data collaboration, offering a platform that enables businesses to manage data more effectively and improve operational efficiencies. Its core products and services include a patented digital ledger technology platform that facilitates real-time data sharing and collaboration across various business processes.

How the Company Makes Money

Boardwalktech Software makes money through a subscription-based revenue model, where clients pay for access to its digital ledger technology platform and related services. The company generates revenue by offering tiered subscription plans that cater to different business needs, ranging from basic access to more advanced features and integrations. Additionally, Boardwalktech may derive income from professional services, such as consulting, implementation, and ongoing support, which help clients maximize the benefits of their software solutions. Strategic partnerships with other technology and service providers also contribute to its earnings by expanding the reach and capabilities of its platform.

Boardwalktech Software Financial Statement Overview

Summary

Boardwalktech Software faces significant financial challenges, with declining revenues, negative equity, and substantial operational inefficiencies. Despite high gross profit margins, the company struggles with negative EBIT, EBITDA, and free cash flow, raising concerns about long-term viability.

Income Statement

Boardwalktech Software's income statement reveals consistent revenue contraction, with a notable decline from $6.47M in 2023 to $5.24M in TTM (Trailing-Twelve-Months). Despite maintaining a high gross profit margin of 88.5% in TTM, the company struggles with negative EBIT and EBITDA margins, indicating operating inefficiencies. Net income remains negative, further emphasizing profitability challenges. The revenue growth rate has been negative, showing a worrying trend for future growth.

Balance Sheet

The balance sheet presents a precarious situation with negative stockholders' equity of -$3.15M in TTM, indicating more liabilities than assets and a potential insolvency risk. The debt-to-equity ratio is not meaningful given the negative equity, but total debt is significantly high at $3.39M, suggesting financial leverage and risk. The equity ratio is negative, reflecting the company's weak financial position and questionable sustainability.

Cash Flow

Cash flow analysis shows persistent negative free cash flow and operating cash flow, with TTM free cash flow at -$3.18M. The operating cash flow to net income ratio is positive due to net income being less negative than operating cash flow, indicating some degree of cash flow efficiency despite losses. However, free cash flow remains a concern, reflecting cash management issues.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
5.24M	5.97M	6.47M	4.37M	4.34M	4.64M
	Gross Profit
4.64M	5.35M	5.87M	3.79M	3.75M	4.00M
	EBIT
-6.49M	-2.93M	-3.52M	-3.53M	-2.38M	-4.01M
	EBITDA
-2.14M	-2.71M	-3.18M	-3.19M	-2.02M	-3.75M
	Net Income Common Stockholders
-2.80M	-3.13M	-3.58M	-3.56M	-3.61M	-5.82M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
195.24K	2.23M	2.19M	868.96K	3.10M	794.71K
	Total Assets
1.49M	3.77M	3.78M	3.99M	4.48M	1.44M
	Total Debt
3.39M	3.18M	127.07K	501.89K	646.32K	4.41M
	Net Debt
3.19M	949.34K	-2.06M	-367.07K	-2.45M	3.62M
	Total Liabilities
4.64M	5.36M	4.75M	3.56M	2.00M	7.51M
	Stockholders Equity
-3.15M	-1.59M	-961.67K	426.75K	2.48M	-6.07M
Cash Flow		Free Cash Flow
-3.18M	-3.36M	1.11M	-2.32M	-2.96M	-1.20M
	Operating Cash Flow
-3.18M	-3.36M	1.12M	-2.30M	-2.96M	-1.20M
	Investing Cash Flow
117.00	-5.67K	-15.37K	-21.84K	-6.86K	-6.10K
	Financing Cash Flow
2.48M	3.41M	215.07K	88.00K	5.27M	1.80M

Boardwalktech Software Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 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:BWLK, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.13, and below the 200-day MA of 0.13, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.19 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BWLK.

Boardwalktech Software Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DSG	79 Outperform	$12.66B	65.35	10.92%	―	15.98%	21.64%
ENGH	76 Outperform	$1.51B	17.28	14.76%	4.02%	8.11%	15.83%
OTEX	69 Neutral	$10.11B	11.49	16.00%	3.77%	-3.59%	432.46%
KXS	68 Neutral	C$4.45B	157.81	-0.10%	―	14.85%	-105.25%
CSU	63 Neutral	C$98.45B	99.47	30.90%	0.12%	21.56%	31.90%
Sector *	58 Neutral	$21.97B	10.63	-18.43%	2.40%	4.67%	-24.47%
BWLK	42 Neutral	C$6.67M	―	197.04%	―	-14.23%	25.49%

Boardwalktech Software Corporate Events

Boardwalktech Completes Initial Tranche of Private Placement Raising Over C$1.1 Million

Boardwalktech Software Corp. has successfully closed the initial tranche of its non-brokered private placement, raising approximately C$1,147,454 through the issuance of 8,826,573 units. The proceeds from this offering are intended to support sales and marketing efforts, working capital, and balance sheet enhancement. This strategic move is expected to bolster Boardwalktech’s business operations and market positioning, with potential implications for stakeholders as the company evaluates further investment opportunities.

Boardwalktech Completes Initial Tranche of Private Placement to Fuel Growth

Boardwalktech Software Corp. has successfully closed the initial tranche of a non-brokered private placement, raising approximately C$1,147,454 through the issuance of 8,826,573 units. This funding, subject to TSX Venture Exchange approval, will be directed towards sales and marketing, working capital, and enhancing the company’s balance sheet to support new business growth. The offering included participation from insiders and was conducted under the Listed Issuer Financing Exemption, with securities issued in Canada and the U.S. under specific regulatory conditions.

Boardwalktech Software Corp. Announces C$1.5 Million Private Placement

Boardwalktech Software Corp., a company listed on the TSX Venture Exchange, has announced its intention to complete a non-brokered private placement to raise up to C$1,500,000. The offering will consist of units priced at C$0.13 each, with each unit comprising one common share and one warrant. The proceeds from this offering are intended to be used for sales and marketing expenditures, working capital requirements, and enhancing the company’s balance sheet to drive new business. The offering is subject to regulatory approvals and is expected to close on or about March 6, 2025.

Boardwalktech Reports Improved EBITDA and Expands Key Partnerships in Q3 FY25

Boardwalktech Software Corp. reported its financial results for the third quarter of fiscal 2025, showing a slight revenue increase from the previous quarter but a decrease compared to the same period last year. Despite a decrease in revenue due to non-renewals, the company improved its adjusted EBITDA by 26% year-over-year and 21% quarter-over-quarter, indicating operational efficiency. The company also expanded its partnerships with a top U.S. bank and LTIMindtree, which is expected to generate significant incremental revenue.

Boardwalktech to Release Q3 Fiscal 2025 Financial Results

Boardwalktech Software Corp. announced it will release its Q3 Fiscal 2025 financial results on February 25, 2025, after market close. The company will hold a conference call to discuss the results, which could provide insights into its financial health and strategic direction, impacting stakeholders and industry positioning.

Boardwalktech Expands with Top US Bank, Enhances Industry Position

Boardwalktech Software Corp. announced a significant expansion with a top 5 US bank through its Velocity product, resulting in increased annual recurring revenue and expanded professional services agreements. This expansion highlights the company’s capability to help banks address regulatory pressures by transforming Excel-based EUCs into IT-managed applications, thereby improving business processes and risk management. The success with their bank client is expected to open opportunities with other banks, solidifying Boardwalktech’s market position.

Boardwalktech and LTIMindtree Enhance Solutions for Banking Sector

Boardwalktech Software has expanded its partnership with LTIMindtree to enhance data governance, risk management, and business process improvements for a top 5 U.S. bank using the Boardwalk Velocity product. This collaboration aims to migrate Excel-based End User Computing applications to IT-controlled systems, addressing the regulatory pressures and risk management challenges faced by banks and insurers. The partnership offers significant time and cost efficiencies, positioning Boardwalktech and LTIMindtree as key players in the financial services industry.

Boardwalktech Secures Major Five-Year Contract Renewal with Fortune 500 Company

Boardwalktech Software Corp. has announced a five-year contract renewal with a Fortune 500 food and snack manufacturer, expected to generate over $300,000 in license revenue. This renewal, facilitated through a partnership with a Fortune 500 consulting firm, highlights the effectiveness of Boardwalktech’s supply chain solutions and strengthens their position in the market. The expansion adds to their portfolio of Fortune 500 clients across various industries, demonstrating the broad applicability of their solutions.