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Cascadia Blockchain Group Corp (TSE:CK)
:CK
Canadian Market

Cascadia Blockchain Group Corp (CK) AI Stock Analysis

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Cascadia Blockchain Group Corp

(CK)

19Underperform
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 (CK) vs. S&P 500 (SPY)

Cascadia Blockchain Group Corp Business Overview & Revenue Model

Company DescriptionCascadia Blockchain Group Corp (CK) is a company engaged in the development and implementation of blockchain technology solutions. The company operates within the technology sector, focusing on providing innovative blockchain-based services and products that cater to various industries. Its core offerings include blockchain infrastructure development, decentralized applications, and consulting services to help businesses integrate blockchain solutions into their operations.
How the Company Makes MoneyCascadia 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
5
Very Negative
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
10
Very Negative
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
15
Very Negative
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
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-104.91K-310.79K-25.80K-13.01K
EBIT
-395.65K-422.82K-799.32K-948.59K-1.23M
EBITDA
-4.93K-761.26K-57.57K-894.11K-1.21M
Net Income Common Stockholders
-382.52K-1.46M770.25K-920.54K-465.56K
Balance SheetCash, Cash Equivalents and Short-Term Investments
33.30K139.51K139.51K391.04K1.15M
Total Assets
37.63K143.71K143.71K954.34K1.20M
Total Debt
50.00K40.00K40.00K40.00K17.01K
Net Debt
16.70K-67.74K-67.74K-142.75K-376.11K
Total Liabilities
1.06M783.50K783.50K564.49K98.34K
Stockholders Equity
-1.02M-639.79K-639.79K389.85K1.10M
Cash FlowFree Cash Flow
-127.03K-171.52K-189.56K-387.62K-1.22M
Operating Cash Flow
-127.03K-171.52K-171.52K-369.57K-1.19M
Investing Cash Flow
32.59K96.51K96.51K120.47K316.75K
Financing Cash Flow
20.00K0.0096.15K96.15K-7.79K

Cascadia Blockchain Group Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
23.66
Positive
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CK, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.66 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CK.

Cascadia Blockchain Group Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
$8.97B25.778.74%-82.47%
60
Neutral
$10.77B10.41-6.71%2.99%7.69%-13.12%
50
Neutral
$376.26M-2.15%27.99%90.99%
49
Neutral
$694.46M-11.98%33.77%61.73%
TSHUT
49
Neutral
C$1.82B3.762.56%199.41%
48
Neutral
$45.73M-15.61%17.68%-278.21%
TSCK
19
Underperform
C$1.90M75.11%-80.39%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CK
Cascadia Blockchain Group Corp
0.02
0.00
0.00%
TSE:HIVE
HIVE Digital Technologies
2.36
-0.89
-27.38%
TSE:GLXY
Galaxy Digital Holdings
26.49
13.12
98.13%
TSE:DMGI
DMG Blockchain Solutions
0.23
-0.24
-51.09%
TSE:BITF
Bitfarms
1.41
-1.11
-44.05%
TSE:HUT
Hut 8
17.45
6.29
56.36%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.