DMG Blockchain Solutions (DMGI) AI Stock Analysis

• Market Cap: $109.75M
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.35
• Revenue Growth: 24.20%
• EPS Growth: -3756.52%
• Country: CA
• Employees: 16
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.00
• Shares Outstanding: 203,242,020
• 10 Day Avg. Volume: 1,801,762
• 30 Day Avg. Volume: 1,095,023
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: >-0.01
• Enterprise Value/Revenue: -0.01
• Enterprise Value/Gross Profit: -0.01
• Enterprise Value/Ebitda: -0.11
• 1Y Price Target: $0.81
• Price Target Upside: 69.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 52 Neutral
• Price Target: C$0.50 ▲(4.17% Upside)

The overall stock score reflects significant financial performance challenges, particularly in profitability and cash flow, which are the most impactful factors. Technical analysis provides some positive momentum, but valuation concerns due to negative earnings weigh heavily. The earnings call offered mixed sentiment, with strategic initiatives showing promise but immediate financial challenges persisting.

Positive Factors

Revenue Growth

The positive revenue growth rate indicates a recovery in sales, suggesting that DMG Blockchain Solutions is expanding its market presence and improving its top-line performance.

Carbon-Neutral Initiatives

The focus on carbon-neutral initiatives positions DMG Blockchain Solutions as a leader in sustainable mining, potentially attracting environmentally conscious investors and partners.

AI Expansion Efforts

Expanding into AI services diversifies DMG's revenue streams and leverages its infrastructure, enhancing long-term growth prospects and competitive positioning.

Negative Factors

Profitability Challenges

Persistent profitability challenges indicate that high operating costs are eroding margins, which could impact long-term financial health and require strategic cost management.

Cash Flow Issues

Declining free cash flow growth suggests potential liquidity concerns, limiting DMG's ability to invest in growth initiatives and manage financial obligations effectively.

Delayed Revenue from Systemic Trust

Delays in revenue generation from Systemic Trust may hinder expected growth, affecting cash flow and investor confidence in the company's strategic initiatives.

DMG Blockchain Solutions Business Overview & Revenue Model

Company Description

DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization; and high-performance computing services. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering. Further, the company develops and licenses proprietary blockchain and cryptocurrency software, comprising Mining Pool, an audited mining pool; WalletScore, a blockchain audit and analytics platform; Mine Manager, an optimization software for mining facilities; Blockseer Intelligence, an analytics tool that enables the tracking of cryptocurrency on Bitcoin and Ethereum blockchains; Blockseer Breeze, an enterprise-grade custody solution to securely manage digital assets; and BlockSeer Freeze, a software product that watches BTC wallets and provides early notification of transactions on the blockchain network. Additionally, it offers forensic services. The company was incorporated in 2011 and is headquartered in Grand Forks, Canada.

How the Company Makes Money

DMG Blockchain Solutions generates revenue primarily through its cryptocurrency mining operations, where it earns profits by mining Bitcoin and other cryptocurrencies. The company also offers hosting services for third-party miners, charging fees for the use of its facilities and equipment. Additionally, DMGI develops and sells proprietary software solutions that cater to the needs of blockchain applications, which further contributes to its revenue. Partnerships with other blockchain firms and technology providers enhance its service offerings and expand its market reach, playing a significant role in its overall earnings.

DMG Blockchain Solutions Financial Statement Overview

Summary

DMG Blockchain Solutions shows revenue growth but struggles with profitability and cash flow. The balance sheet is strong with substantial equity, yet increasing leverage poses risks. Improvement in operational efficiency and cash generation is needed.

Income Statement

DMG Blockchain Solutions has shown revenue growth over the years, with TTM revenue at $38.47M compared to $33.9M in the previous year, indicating a positive trajectory. Despite this growth, the company struggles with profitability as evidenced by negative EBIT and net income margins, highlighting challenges in operational efficiency and cost management.

Balance Sheet

The company's balance sheet shows a strong equity position with a stockholders' equity of $103.83M representing 80.2% of total assets, suggesting financial stability. However, the debt-to-equity ratio has increased to 0.20, indicating a rising leverage trend, which could pose risks if not managed effectively.

Cash Flow

Cash flow analysis reveals negative free cash flow in the TTM period, reflecting challenges in generating cash from operations. The operating cash flow to net income ratio is negative, highlighting inefficiencies. Despite these issues, the company managed to fund operations through financing activities, which may not be sustainable long-term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	41.79M	33.90M	27.94M	43.24M	10.22M	7.40M
Gross Profit	39.56M	32.42M	11.14M	10.38M	8.59M	-972.50K
EBITDA	5.11M	14.49M	5.60M	2.87M	-7.18M	-304.99K
Net Income	-15.20M	-5.23M	-16.46M	-16.98M	-9.55M	-2.58M
Balance Sheet
Total Assets	133.55M	103.87M	82.59M	96.90M	111.13M	21.51M
Cash, Cash Equivalents and Short-Term Investments	2.42M	2.00M	2.18M	1.65M	20.17M	1.07M
Total Debt	12.91M	14.02M	1.36M	516.30K	538.23K	2.42M
Total Liabilities	19.27M	19.21M	5.61M	5.47M	5.81M	6.59M
Stockholders Equity	114.29M	84.66M	76.98M	91.43M	105.31M	17.23M
Cash Flow
Free Cash Flow	-4.99M	-12.21M	-275.88K	-22.32M	-74.29M	541.91K
Operating Cash Flow	15.64M	8.21M	4.87M	15.19M	-29.83M	1.37M
Investing Cash Flow	-28.12M	-21.20M	-5.30M	-33.50M	-45.45M	1.82M
Financing Cash Flow	13.63M	12.88M	980.21K	-125.72K	93.70M	-3.42M

DMG Blockchain Solutions Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.48
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DMGI, the sentiment is Neutral. The current price of 0.48 is below the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.38, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 50.70 is Neutral, neither overbought nor oversold. The STOCH value of 12.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:DMGI.

DMG Blockchain Solutions 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%
NDA	56 Neutral	C$125.82M	―	-0.89%	―	-20.75%	-84.00%
HIVE	54 Neutral	$1.60B	―	-5.84%	―	7.57%	40.56%
DMGI	52 Neutral	$109.75M	―	-14.48%	―	24.20%	-3756.52%
DEFI	52 Neutral	C$86.46M	9.33	-75.81%	―	-98.96%	-214.13%
BIGG	46 Neutral	C$36.76M	―	-102.00%	―	34.56%	-161.07%
CBIT	43 Neutral	C$42.73M	1.91	-40.39%	―	76.55%	-521.32%

DMG Blockchain Solutions Corporate Events

DMG Blockchain Solutions Reports Steady September Performance and Future AI Focus

DMG Blockchain Solutions reported its preliminary operational results for September 2025, maintaining its Bitcoin mining output at 23 BTC while increasing its hashrate to 1.65 EH/s. The company is focusing on AI and digital asset financial services, with plans to acquire additional capital assets for AI infrastructure in a non-dilutive manner. DMG is also working on agreements with the Malahat First Nation to support AI and power generation projects, and anticipates growth in its digital asset custody business in the coming year.

The most recent analyst rating on (TSE:DMGI) stock is a Buy with a C$0.65 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.

DMG Blockchain Solutions Reports August Operational Results and Expands AI Initiatives

DMG Blockchain Solutions reported a decline in its August 2025 operational results, with a decrease in Bitcoin mined and hashrate due to planned substation maintenance. Despite this, the company increased its Bitcoin balance by selling less than it earned and is considering a formal treasury policy to accumulate digital assets. Additionally, DMG is expanding its business initiatives by selling AI infrastructure to the Canadian defense sector, establishing key relationships to facilitate rapid deployment.

The most recent analyst rating on (TSE:DMGI) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.

DMG Blockchain’s Earnings Call: Mixed Sentiments and Future Prospects

During the recent earnings call, DMG Blockchain Solutions presented a mixed sentiment. While the company celebrated significant achievements such as increased asset holdings and advancements in AI and carbon-neutral initiatives, these positives were somewhat overshadowed by challenges including delayed revenue from Systemic Trust and a decline in overall revenue.

DMG Blockchain Solutions Reports Q3 2025 Financial Results

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company, focusing on digital solutions for monetizing digital assets and AI compute ecosystems. In its third quarter of 2025, DMG reported a revenue of $11.6 million, marking a 40% increase from the same period last year but an 8% decrease from the previous quarter. The company mined 84 bitcoins, a slight decrease from the previous quarter, and reported a net loss of $0.4 million, a significant improvement from the $3.3 million loss in the second quarter of 2025.

DMG Blockchain Solutions Reports Mixed Q3 2025 Results Amid Strategic Advancements

DMG Blockchain Solutions reported a mixed financial performance for the third quarter of 2025, with revenues of $11.6 million, reflecting an 8% sequential decline but a 40% year-over-year increase. The company mined 84 bitcoins, down from the previous quarter, but improved its hashrate by 2%. Despite a net loss of $0.4 million, DMG advanced key initiatives, including expanding hydro-enabled bitcoin mining and AI infrastructure, positioning itself for long-term growth in digital asset custody and capitalizing on the rising value of digital currencies.

The most recent analyst rating on (TSE:DMGI) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.

DMG Blockchain Solutions to Announce Q3 2025 Financial Results

DMG Blockchain Solutions Inc. announced the release of its third quarter 2025 financial results, scheduled for August 25, 2025, before market opening. The company will also host a conference call to discuss the results and provide a corporate update. This announcement is significant as it reflects DMG’s ongoing efforts to maintain transparency with stakeholders and its commitment to growth within the blockchain and data center technology industry.

The most recent analyst rating on (TSE:DMGI) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.

DMG Blockchain Solutions Reports July Gains and Launches Blockseer Explorer

DMG Blockchain Solutions announced its preliminary operational results for July 2025, highlighting an increase in Bitcoin mining and hashrate due to the full operational status of its hydro infrastructure. The company also launched Blockseer Explorer, a product designed for Bitcoin-native operators to track wallet activity and export transaction data easily. DMG’s strategic efforts to reduce its loan balance with Sygnum Bank and its focus on increasing its Bitcoin balance while exploring a broader digital asset portfolio indicate a strong positioning in the blockchain industry.

The most recent analyst rating on (TSE:DMGI) stock is a Buy with a C$0.85 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.

DMG Blockchain Solutions Explores New Digital Asset Treasury Strategy

DMG Blockchain Solutions has announced the exploration of a digital asset treasury strategy by engaging a consultant to implement institutional-grade treasury management within its subsidiary, Systemic Trust Company’s regulated custody platform. This initiative aims to enhance the value of digital asset portfolios, primarily composed of Bitcoin, and may include other digital assets in the future. By leveraging its integrated platform, DMG seeks to expand its digital asset offerings and strengthen its market position, providing a comprehensive solution that combines secure computing infrastructure, Bitcoin mining operations, and regulated custody services.

The most recent analyst rating on (TSE:DMGI) stock is a Buy with a C$0.85 price target. To see the full list of analyst forecasts on DMG Blockchain Solutions stock, see the TSE:DMGI Stock Forecast page.