Cypher Metaverse Inc (CODE.X) AI Stock Analysis

• Market Cap: C$1.53M
• Dividend Yield: N/A
• Average Volume (3M): 176.00
• Price to Earnings (P/E): ―
• Beta (1Y): 7.35
• Revenue Growth: N/A
• EPS Growth: 81.07%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Capital Markets
• EPS (TTM): -0.08
• Shares Outstanding: 4,196,640
• 10 Day Avg. Volume: 275
• 30 Day Avg. Volume: 176
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 35 Underperform
• Price Target: ―

Cypher Metaverse Inc faces significant financial challenges with declining revenue and persistent losses, severely impacting its financial performance score. Technical analysis indicates some positive momentum, but the valuation is unattractive due to negative earnings. The overall score reflects these significant financial challenges and mixed technical indicators.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk, providing the company with flexibility to invest in growth opportunities without the burden of interest payments.

New CFO Appointment

The appointment of a new CFO can bring fresh perspectives and strategies to improve financial management, potentially enhancing long-term financial stability.

Expansion in Metaverse

Expanding into virtual lounges positions the company to capitalize on growing interest in the metaverse, potentially driving future revenue growth through innovative digital experiences.

Negative Factors

Persistent Losses

Ongoing losses indicate structural challenges in achieving profitability, which can undermine the company's ability to sustain operations and invest in growth.

Negative Cash Flows

Negative cash flows suggest the company struggles to generate cash from operations, raising concerns about its ability to fund future growth and meet financial obligations.

Declining Revenue

Declining revenue trends highlight challenges in market competitiveness and demand, which could impact long-term growth and market position.

Cypher Metaverse Inc Business Overview & Revenue Model

Company Description

Cypher Metaverse Inc (CODE) is a company engaged in the exploration and development of virtual reality (VR) and augmented reality (AR) technologies. Operating in the emerging metaverse sector, the company focuses on creating immersive digital experiences and environments that blend the physical and digital worlds. Cypher Metaverse Inc aims to provide innovative solutions and platforms that facilitate social interaction, commerce, and entertainment in the metaverse.

How the Company Makes Money

Cypher Metaverse Inc makes money through various revenue streams primarily centered around its virtual reality and augmented reality offerings. The company generates income by developing and licensing VR and AR software and applications to businesses and consumers. Additionally, it earns revenue through partnerships with other companies in the technology and entertainment sectors, enabling the integration of its solutions into broader commercial ecosystems. Cypher Metaverse Inc may also benefit from selling digital goods, virtual real estate, and advertising within its metaverse platforms, thus diversifying its income sources.

Cypher Metaverse Inc Financial Statement Overview

Summary

The company faces significant financial challenges, including declining revenues, persistent losses, and negative cash flows. The absence of debt reduces financial risk, but the inability to generate positive cash flows and profits is concerning. The equity base provides some stability, but continuous operational losses threaten long-term viability.

Income Statement

The company has shown consistent revenue declines with negative total revenue reported in several years. The TTM (Trailing-Twelve-Months) revenue is positive but minimal. There is a persistent negative net income indicating significant challenges in profitability. Margins such as gross profit margin and net profit margin are unfavorable, highlighting inefficiencies and high costs relative to revenue.

Balance Sheet

The company maintains a solid equity base compared to its total assets, reflected in a strong equity ratio. With zero debt, there's no immediate financial leverage risk. However, the continuous erosion of stockholders' equity due to persistent losses is a concern. The high cash balance relative to total liabilities provides some liquidity assurance.

Cash Flow

The company experiences negative operating cash flows, indicating operational struggles to generate cash. Free cash flow is consistently negative, suggesting that the company is not generating enough cash to cover its capital expenditures. The reliance on financing activities to support cash flows indicates potential sustainability issues in the long term.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	27.89K	-2.09K	-800.78K	-1.04M	-1.35M	315.16K
Gross Profit	27.89K	-2.09K	-853.15K	-1.51M	-1.35M	315.16K
EBITDA	-904.75K	-1.56M	-2.98M	-10.09M	-4.03M	-2.50M
Net Income	-896.78K	-1.56M	-3.25M	-13.29M	-4.03M	-4.96M
Balance Sheet
Total Assets	1.01M	1.01M	2.16M	4.37M	3.12M	2.22M
Cash, Cash Equivalents and Short-Term Investments	6.22K	44.22K	1.86M	3.10M	894.55K	79.28K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	333.17K	149.01K	91.34K	162.12K	158.46K	210.06K
Stockholders Equity	675.17K	860.03K	2.07M	4.20M	2.96M	2.01M
Cash Flow
Free Cash Flow	-500.03K	-1.59M	-2.43M	-4.92M	-1.88M	-2.55M
Operating Cash Flow	-500.03K	-1.59M	-2.27M	-4.28M	-1.88M	-2.55M
Investing Cash Flow	-207.38K	-577.26K	-70.58K	-838.70K	-459.95K	-1.21M
Financing Cash Flow	418.44K	355.06K	1.09M	7.33M	3.15M	2.85M

Cypher Metaverse Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CODE.X, the sentiment is Negative. The current price of 0.38 is above the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.40, and below the 200-day MA of 0.41, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 26.04 is Positive, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CODE.X.

Cypher Metaverse Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HIVE	55 Neutral	$1.04B	-14.23	-7.18%	―	60.71%	-52.29%
BIGG	52 Neutral	$26.26M	-2.01	-63.28%	―	36.80%	9.34%
BKMT	45 Neutral	$2.07M	31.25	6.64%	―	―	―
DMGI	44 Neutral	C$55.68M	-5.79	-10.10%	―	39.64%	-70.96%
SOL	41 Neutral	C$4.60M	-0.03	-2162.16%	―	-596.15%	-42.09%
CODE.X	35 Underperform	C$1.53M	-0.78	-191.24%	―	―	81.07%