Cascadia Blockchain Group Corp (CK) AI Stock Analysis

• Market Cap: C$3.33M
• Dividend Yield: N/A
• Average Volume (3M): 5.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.41
• Revenue Growth: N/A
• EPS Growth: -80.39%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 82
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 95,043,360
• 10 Day Avg. Volume: 4,699
• 30 Day Avg. Volume: 5,233
• PEG Ratio: 0.44
• Price to Book (P/B): 16.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.80
• 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: 19 Underperform
• Price Target: ―

Cascadia Blockchain Group Corp's financial performance is severely weak, with zero revenue and substantial losses causing high financial risk. The technical indicators and valuation metrics further reflect the company's struggles, showing a lack of positive momentum and unattractive valuation. The overall score is significantly impacted by financial distress, outweighing any technical or valuation considerations.

Cascadia Blockchain Group Corp Business Overview & Revenue Model

Company Description

Cascadia Blockchain Group Corp., together with its subsidiaries, operates as an early stage fintech and blockchain technology company. The company engages in the development and commercialization of trading platform technology for blockchain based digital assets, utility tokens, and cryptocurrencies. It plans to focus on the development of blockchain technology enterprise solutions and to provide related services for various industry sectors, which can be customized to the needs of the clients or designed as turnkey solutions. The company was formerly known as Cascadia Consumer Electronics Corp. and changed its name to Cascadia Blockchain Group Corp. in September 2018. Cascadia Blockchain Group Corp. was incorporated in 2011 and is headquartered in Richmond, Canada.

How the Company Makes Money

Cascadia Blockchain Group Corp makes money through several revenue streams associated with its blockchain technology offerings. The company generates income by providing blockchain infrastructure development services to enterprises looking to implement or enhance their blockchain capabilities. Additionally, it earns revenue through the creation and deployment of decentralized applications (dApps) tailored to specific industry needs. Consulting services also contribute to its revenue, as the company advises businesses on effective blockchain integration strategies. Strategic partnerships with other technology firms and collaborations with industry stakeholders further support its financial growth by expanding its market reach and enhancing its service capabilities.

Cascadia Blockchain Group Corp Financial Statement Overview

Summary

Cascadia Blockchain Group Corp is in a precarious financial position, with zero revenue, substantial net losses, negative equity, and poor cash flow generation. The company faces significant financial risk and instability, with an urgent need for strategic restructuring to improve its financial health.

Income Statement

Cascadia Blockchain Group Corp has struggled with zero revenue and increasing losses over the periods analyzed. Gross profit is negative, reflecting the absence of revenue generation and high operational costs. The company shows a consistent net loss, indicating challenging financial health.

Balance Sheet

The company's balance sheet is concerning due to negative stockholders' equity, which suggests financial distress and potential bankruptcy risk. High total liabilities relative to assets indicate over-leverage, further exacerbated by negative equity.

Cash Flow

Cash flow analysis reveals negative operating cash flow, indicating that the company is unable to cover its operational costs from its core business activities. Despite a positive investing cash flow, the overall free cash flow remains negative, suggesting liquidity challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-111.30K	-105.00K	-116.00	-311.00K	-25.80K	-13.01K
	EBIT
-817.97K	-396.00K	-423.00K	-799.00K	-948.59K	-1.23M
	EBITDA
-169.03K	-4.93K	-761.00K	-884.00K	-894.11K	-1.21M
	Net Income Common Stockholders
-811.57K	-383.00K	-944.00K	-56.30K	-912.46K	-458.28K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
68.66K	33.30K	139.51K	139.51K	391.04K	1.15M
	Total Assets
72.53K	37.63K	143.71K	143.71K	954.34K	1.20M
	Total Debt
50.00K	50.00K	40.00K	40.00K	40.00K	17.01K
	Net Debt
-18.66K	16.70K	-67.74K	-67.74K	-142.75K	-376.11K
	Total Liabilities
1.15M	1.06M	783.50K	783.50K	564.49K	98.34K
	Stockholders Equity
-1.08M	-1.02M	-639.79K	-639.79K	389.85K	1.10M
Cash Flow		Free Cash Flow
-205.79K	-127.03K	-171.52K	-189.56K	-387.62K	-1.22M
	Operating Cash Flow
-205.79K	-127.03K	-171.52K	-171.52K	-369.57K	-1.19M
	Investing Cash Flow
241.15K	32.59K	96.51K	96.51K	120.47K	316.75K
	Financing Cash Flow
-30.00K	20.00K	0.00	96.15K	96.15K	-7.79K

Cascadia Blockchain Group Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 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:CK, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.77 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CK.

Cascadia Blockchain Group Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.92B	10.48	-7.50%	2.95%	7.40%	-8.18%
ISFT	45 Neutral	C$10.65M	―	6.45%	―	8.58%	66.13%
AXCP	39 Underperform	C$44.81M	―	-80.82%	―	―	42.32%
LQWD	38 Underperform	C$56.55M	―	-15.28%	―	―	-94.83%
CK	19 Underperform	C$3.33M	―	75.11%	―	―	-80.39%
ZEUCF		$301.13K	0.07		―	―	―
WHIP		C$2.33M	―		―	―	―