Cathedra Bitcoin Inc (CBIT) AI Stock Analysis

• Market Cap: C$49.33M
• Dividend Yield: N/A
• Average Volume (3M): 13.80K
• Price to Earnings (P/E): 1.9
• Beta (1Y): 1.03
• Revenue Growth: 76.55%
• EPS Growth: -521.32%
• Country: CA
• Employees: 5
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): 0.00
• Shares Outstanding: 7,832,600
• 10 Day Avg. Volume: 16,108
• 30 Day Avg. Volume: 13,796
• PEG Ratio: -0.62
• Price to Book (P/B): 1.55
• Price to Sales (P/S): 1.89
• P/FCF Ratio: -55.60
• 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

• Rating: 43 Neutral
• Price Target: C$1.50 ▲(0.67% Upside)

Cathedra Bitcoin Inc's overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The technical analysis suggests a bearish trend, further weighing on the score. The absence of earnings call data and corporate events means these factors do not contribute to the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding operations and market presence, which can enhance long-term business sustainability and competitiveness.

Low Debt Levels

A low debt level provides financial flexibility and reduces risk, allowing the company to invest in growth opportunities and weather economic downturns.

Energy Partnerships

Securing low-cost energy partnerships helps reduce operational costs, improving profitability and providing a competitive edge in the energy-intensive Bitcoin mining industry.

Negative Factors

Profitability Issues

Persistent profitability challenges can hinder the company's ability to reinvest in growth and may affect its long-term financial health and investor confidence.

Cash Flow Challenges

Negative cash flows indicate operational inefficiencies and can limit the company's ability to fund new projects or manage unexpected expenses, impacting long-term viability.

Low Profit Margins

Low profit margins suggest challenges in cost management, which can affect the company's ability to generate sufficient returns and maintain competitive pricing.

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 primarily generates revenue through its Bitcoin mining operations. By utilizing powerful computing hardware, the company solves complex mathematical problems to validate and secure transactions on the Bitcoin network, earning Bitcoin as a reward for their efforts. These mined Bitcoins can then be held as an asset or sold on cryptocurrency exchanges to realize profits. Additionally, the company may partake in strategic partnerships with technology providers or energy suppliers to optimize its mining efficiency and reduce operational costs, further enhancing its revenue potential. The company's earnings are influenced by factors such as the market price of Bitcoin, the total network hash rate, and the cost-effectiveness of its mining operations.

Cathedra Bitcoin Inc Financial Statement Overview

Summary

Cathedra Bitcoin Inc. faces challenges with profitability and cash flow generation, despite having a strong equity base. The income statement shows unstable profitability with negative net profit and EBIT margins. Cash flow analysis reveals negative operating and free cash flows, indicating operational inefficiencies.

Income Statement

The income statement displays mixed performance with unstable profitability. The TTM (Trailing-Twelve-Months) shows a gross profit margin of 12.89%, which is positive, but the company has negative net profit and EBIT margins (-11.21% and -16.42% respectively), indicating operational challenges. Revenue growth has been inconsistent, with a decline in the latest TTM compared to the previous annual period.

Balance Sheet

The balance sheet reveals moderate financial stability with a debt-to-equity ratio of 0.19, suggesting manageable leverage. However, the return on equity is negative due to recent net losses. The equity ratio stands at 70.45%, indicating a strong equity base relative to assets, which is a positive sign.

Cash Flow

Cash flow analysis shows concerning trends with negative operating and free cash flows in the TTM. The free cash flow to net income ratio indicates cash flow challenges, as operational cash generation is insufficient to cover net losses. The cash flow from operations to net income ratio is negative, reflecting operational inefficiencies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.27M	23.14M	10.92M	8.81M	7.80M	1.03M
Gross Profit	1.40M	3.87M	-2.04M	-5.22M	1.83M	-263.40K
EBITDA	2.10M	6.37M	3.98M	-34.63M	4.34M	1.87M
Net Income	-6.05M	673.84K	-5.48M	-45.03M	718.11K	5.05M
Balance Sheet
Total Assets	36.84M	71.20M	18.86M	25.76M	58.37M	16.98M
Cash, Cash Equivalents and Short-Term Investments	324.63K	101.37K	2.57M	3.22M	9.44M	7.05M
Total Debt	4.44M	6.96M	7.35M	18.67M	19.83M	698.49K
Total Liabilities	10.46M	27.40M	9.60M	20.99M	23.78M	952.77K
Stockholders Equity	26.38M	28.28M	9.25M	4.77M	34.59M	16.03M
Cash Flow
Free Cash Flow	-5.40M	-788.68K	-8.19M	-22.78M	-41.08M	-3.20M
Operating Cash Flow	-5.40M	-788.68K	-8.13M	2.55M	-19.23M	-3.20M
Investing Cash Flow	4.52M	4.43M	8.70M	-13.24M	-12.39M	-195.32K
Financing Cash Flow	-4.69M	-3.66M	-3.45M	6.19M	34.45M	-202.50K

Cathedra Bitcoin Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Negative. The current price of 1.49 is below the 20-day moving average (MA) of 1.52, below the 50-day MA of 1.69, and below the 200-day MA of 1.66, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 46.63 is Neutral, neither overbought nor oversold. The STOCH value of 42.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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%
BITF	60 Neutral	C$3.87B	―	-15.17%	―	46.65%	44.91%
NDA	56 Neutral	C$122.01M	60.00	-0.89%	―	-20.75%	-84.00%
HIVE	51 Neutral	$1.90B	―	-5.84%	―	7.57%	40.56%
DMGI	50 Neutral	$113.82M	―	-14.48%	―	24.20%	-3756.52%
CBIT	43 Neutral	C$49.33M	1.91	-40.39%	―	76.55%	-521.32%
BTC	39 Underperform	C$5.58M	―	-345.56%	―	-7.93%	15.88%

Cathedra Bitcoin Inc Corporate Events

Cathedra Bitcoin Reports Q2 Loss, Announces Strategic Expansion and Leadership Change

Cathedra Bitcoin Inc. reported a net loss of C$4.2 million for Q2 2025, primarily due to an unrealized foreign exchange loss. The company prepaid a US$2.56 million loan by liquidating 21.5 bitcoin, benefiting from bitcoin’s price appreciation, and retained 28.9 bitcoin to enhance its financial position. Cathedra also announced a leadership transition with Joel Block as the new CEO and a strategic expansion plan, including a new 15 MW data center lease expected to increase its power capacity by 50%. These moves aim to strengthen Cathedra’s financial flexibility and support its growth initiatives in the bitcoin mining industry.

Cathedra Bitcoin Strengthens Financial Position with Early Loan Repayment

Cathedra Bitcoin Inc. announced the early repayment of its US$2.560 million bitcoin-backed loan, initially due in March 2026. The repayment was funded by liquidating part of its bitcoin collateral, taking advantage of the recent appreciation in bitcoin prices. This move strengthens Cathedra’s balance sheet and positions the company for strategic growth initiatives aimed at enhancing shareholder value.

Cathedra Bitcoin Inc. Announces New CEO Amid Leadership Transition

Cathedra Bitcoin Inc. has announced a leadership transition with the appointment of Joel Block as the new Chief Executive Officer and Chairman of the Board. This change comes as former CEO AJ Scalia and President Drew Armstrong step down but remain as advisors during the transition. Mr. Block brings extensive experience from his previous roles, including a significant merger in the bitcoin mining industry. The leadership change is expected to drive Cathedra’s strategic vision and operational excellence, positioning the company for future growth in the rapidly evolving bitcoin sector.