Cathedra Bitcoin Inc (CBIT) AI Stock Analysis

• Market Cap: C$34.08M
• Dividend Yield: N/A
• Average Volume (3M): 13.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: 40.83%
• EPS Growth: -123.25%
• Country: CA
• Employees: 5
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): -0.03
• Shares Outstanding: 8,035,246
• 10 Day Avg. Volume: 16,929
• 30 Day Avg. Volume: 13,878
• PEG Ratio: -0.61
• Price to Book (P/B): 1.54
• Price to Sales (P/S): 1.88
• P/FCF Ratio: -55.05
• 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: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$1.00 ▼(-14.53% Downside)

Cathedra Bitcoin Inc's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and profitability issues. Technical indicators also suggest a bearish trend, while valuation metrics highlight unattractive investment prospects due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth

Despite financial challenges, Cathedra Bitcoin Inc has demonstrated strong revenue growth of over 40%, indicating potential market demand and operational scalability.

Leverage Management

Improved debt-to-equity ratio suggests better leverage management, enhancing financial stability and potentially reducing financial risk over time.

Operational Cash Flow

Positive EBITDA indicates that Cathedra Bitcoin Inc can generate operational cash flow, which is crucial for sustaining business operations and funding growth initiatives.

Negative Factors

Profitability Issues

Negative net profit margin highlights ongoing profitability challenges, which could hinder long-term growth and shareholder value creation if not addressed.

Cash Flow Challenges

Insufficient operating cash flow to cover net income suggests cash management issues, potentially impacting the company's ability to invest in growth and meet obligations.

Operational Inefficiencies

Operational inefficiencies reflected in EBIT and EBITDA margins could undermine cost management efforts and affect long-term profitability and competitiveness.

Cathedra Bitcoin Inc Business Overview & Revenue Model

Company Description

Cathedra Bitcoin Inc. operates as a bitcoin mining company in the United States. It develops and operates bitcoin mining infrastructure. The company was formerly known as Fortress Technologies Inc. and changed its name to Cathedra Bitcoin Inc. in December 2021. Cathedra Bitcoin Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Cathedra Bitcoin Inc generates revenue primarily through Bitcoin mining operations. The company invests in mining hardware and facilities to produce Bitcoin, which is then sold on the open market at prevailing prices. Additionally, CBIT may earn revenues from hosting services for other miners, providing them with the infrastructure required for efficient mining operations. The company's partnerships with energy providers to secure low-cost electricity further enhance its profitability by reducing operational costs. Additionally, strategic investments in Bitcoin-related ventures may also contribute to its revenue streams.

Cathedra Bitcoin Inc Financial Statement Overview

Summary

Cathedra Bitcoin Inc faces significant financial challenges. Despite some revenue growth, profitability and cash flow remain areas of concern. The company must address its operational inefficiencies and improve its cash flow management to enhance its financial position and stability.

Income Statement

Cathedra Bitcoin Inc has shown some revenue growth, with a 10.14% increase in the TTM period. However, profitability remains a significant concern, with negative net profit and EBIT margins. The gross profit margin is low at 6.04%, indicating challenges in managing cost of goods sold. The company needs to improve its operational efficiency to enhance profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.17 in the TTM period, which is an improvement from previous years. However, the return on equity is negative, reflecting the company's inability to generate profits from shareholders' equity. The equity ratio is not explicitly calculated, but the overall financial stability appears to be weak due to negative profitability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a slight decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow challenges. The company needs to focus on improving cash generation from operations to support its financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.92M	23.14M	10.92M	8.81M	7.80M	1.03M
Gross Profit	-62.38K	3.87M	-2.04M	-5.22M	1.83M	-263.40K
EBITDA	3.37M	6.37M	3.98M	-34.63M	4.34M	1.87M
Net Income	-2.72M	673.84K	-5.48M	-45.03M	718.11K	5.05M
Balance Sheet
Total Assets	34.05M	71.20M	18.86M	25.76M	58.37M	16.98M
Cash, Cash Equivalents and Short-Term Investments	3.16M	101.37K	2.57M	3.22M	9.44M	7.05M
Total Debt	1.45M	6.96M	7.35M	18.67M	19.83M	698.49K
Total Liabilities	6.73M	27.40M	9.60M	20.99M	23.78M	952.77K
Stockholders Equity	27.32M	28.28M	9.25M	4.77M	34.59M	16.03M
Cash Flow
Free Cash Flow	-5.22M	-788.68K	-8.19M	-22.78M	-41.08M	-3.20M
Operating Cash Flow	-3.67M	-788.68K	-8.13M	2.55M	-19.23M	-3.20M
Investing Cash Flow	12.08M	4.43M	8.70M	-13.24M	-12.39M	-195.32K
Financing Cash Flow	-9.06M	-3.66M	-3.45M	6.19M	34.45M	-202.50K

Cathedra Bitcoin Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBIT, the sentiment is Neutral. The current price of 1.17 is below the 20-day moving average (MA) of 1.27, below the 50-day MA of 1.37, and below the 200-day MA of 1.53, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 44.32 is Neutral, neither overbought nor oversold. The STOCH value of 40.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CBIT.

Cathedra Bitcoin Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
NDA	56 Neutral	C$110.57M	334.48	0.60%	―	-21.21%	-84.82%
HIVE	55 Neutral	C$942.35M	-12.59	-7.18%	―	60.71%	-52.29%
BITF	46 Neutral	$1.97B	-11.23	-17.06%	―	51.69%	28.00%
CBIT	45 Neutral	C$34.08M	-9.15	-13.56%	―	40.83%	-123.25%
DMGI	44 Neutral	C$51.64M	-5.02	-10.10%	―	39.64%	-70.96%
BTC	39 Underperform	C$4.84M	-0.84	-277.20%	―	―	-15.07%

Cathedra Bitcoin Inc Corporate Events

Cathedra Bitcoin Expands Operations and Secures Funding for Growth

Cathedra Bitcoin Inc. has announced several strategic operational updates, including a new 10 MW hosting agreement with Sphere 3D Mining and the continuation of a partnership with Compass Mining. The company is also expanding its Brickyard site to 15 MW, aiming to increase its total power capacity to 50 MW. Additionally, Cathedra has closed a private placement raising CAD $537,500, which will be used to advance infrastructure development. These moves are part of Cathedra’s disciplined growth strategy to strengthen its market position and align its leadership team with shareholder interests.

Cathedra Bitcoin Reports Q3 2025 Results and Strategic Expansions

Cathedra Bitcoin Inc. reported a total revenue of C$5.5 million for the third quarter of 2025, with a net loss of C$0.8 million, marking a significant reduction compared to the previous year. The company completed a 30:1 consolidation of its voting shares to streamline its capital structure and expanded its data center capacity by 50% with a new 15 MW facility in Kentucky. These developments underscore Cathedra’s commitment to operational excellence and strategic growth in the bitcoin mining and hosting sector, positioning it to meet the growing demand for energy infrastructure and optimize performance and profitability.

Cathedra Bitcoin Completes Share Consolidation to Streamline Capital Structure

Cathedra Bitcoin Inc. has completed a 30:1 share consolidation of its subordinate and multiple voting shares, effective October 15, 2025. This move, which does not alter shareholders’ percentage interests, aims to streamline the company’s capital structure by reducing the number of shares outstanding. The post-consolidation shares will resume trading on the TSX Venture Exchange and OTCQB. This strategic decision is expected to enhance the company’s financial positioning and operational efficiency.

Cathedra Bitcoin Inc. Solidifies Leadership with New CEO Agreement

Cathedra Bitcoin Inc. has announced an employment agreement with Joel Block, solidifying his role as Chief Executive Officer. This agreement replaces a prior consulting arrangement and includes the grant of 43,427,522 restricted share units, which will vest over three years. This move is part of Cathedra’s long-term incentive plan and underscores the company’s commitment to strengthening its leadership and operational strategy in the digital infrastructure and bitcoin mining industry.

Cathedra Bitcoin Announces 30:1 Share Consolidation to Streamline Capital Structure

Cathedra Bitcoin Inc. has announced a 30:1 share consolidation, approved by its Board of Directors, to streamline its capital structure. This consolidation, subject to TSX Venture Exchange approval, will reduce the number of outstanding shares and is expected to take effect around mid-October 2025. The consolidation will not alter any shareholder’s percentage interest in the company, except for rounding down fractional shares. The adjusted shares will continue to trade under the same symbols but with a new CUSIP number. This move aims to enhance the company’s operational efficiency and market positioning.