ReGen III Corp (GIII) AI Stock Analysis

• Market Cap: C$24.95M
• Dividend Yield: N/A
• Average Volume (3M): 91.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: N/A
• EPS Growth: 14.57%
• Country: CA
• Employees: 7
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): N/A
• Shares Outstanding: 124,738,600
• 10 Day Avg. Volume: 203,012
• 30 Day Avg. Volume: 91,396
• PEG Ratio: -0.07
• Price to Book (P/B): -90.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.15
• 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: 26 Underperform
• Price Target: ―

ReGen III Corp's overall score is low due to significant financial challenges, including zero revenue, negative profitability, and high leverage. While technical indicators suggest some positive market momentum, poor financial health and unattractive valuation significantly outweigh these factors.

ReGen III Corp Business Overview & Revenue Model

Company Description

ReGen III Corp (GIII) is a company focused on the sustainable re-refining of used motor oil to produce high-quality base oils. Operating within the environmental and energy sectors, ReGen III utilizes innovative technologies to convert waste lubricants into resources that meet or exceed industry standards. The company's core product is re-refined base oil, which is used as a key component in the manufacturing of lubricants and other industrial products.

How the Company Makes Money

ReGen III Corp generates revenue primarily through the sale of high-quality re-refined base oils. The company employs a closed-loop process that collects used motor oil and re-refines it into valuable base oils, which are then sold to manufacturers of lubricants and other related products. This revenue model is supported by strategic partnerships with oil collection companies, lubricant manufacturers, and distributors who help ensure a steady supply of used oil and a market for the re-refined products. The company's earnings are further influenced by factors such as the demand for sustainable and environmentally friendly products, oil price fluctuations, and regulatory incentives for recycling and waste reduction.

ReGen III Corp Financial Statement Overview

Summary

ReGen III Corp is experiencing severe financial distress, indicated by zero revenue, negative profitability margins, high leverage, and negative cash flows. The financial health is critically weak due to reliance on financing activities and negative equity.

Income Statement

ReGen III Corp has consistently reported zero revenue across all periods, which is a significant concern. The company shows negative gross profit, EBIT, and net income, indicating ongoing operational losses and inefficiencies. The lack of revenue growth and negative margins severely impact the overall financial health of the company.

Balance Sheet

The company has a highly leveraged balance sheet with total debt greatly exceeding stockholders' equity, resulting in a negative equity. The debt-to-equity ratio is unfavorable, and the negative equity ratio indicates potential risks related to financial instability. The return on equity cannot be calculated due to negative equity, further highlighting financial distress.

Cash Flow

ReGen III Corp's cash flow situation is concerning with consistently negative operating and free cash flows. The company relies heavily on financing activities to sustain operations. The operating cash flow to net income ratio is negative, indicating that cash outflows exceed losses reported in the income statement, suggesting cash burn issues.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-49.54K	-104.06K	-136.27K	-381.77K	-667.87K	-663.74K
EBITDA	-3.97M	-5.34M	-12.28M	-9.50M	-2.09M	-3.87M
Net Income	-3.74M	-5.65M	-12.38M	-5.64M	-6.42M	-7.44M
Balance Sheet
Total Assets	649.05K	2.68M	1.23M	8.51M	11.30M	10.97M
Cash, Cash Equivalents and Short-Term Investments	354.24K	2.26M	718.40K	7.73M	1.36M	756.63K
Total Debt	4.06M	2.92M	377.67K	496.44K	14.37M	12.19M
Total Liabilities	5.02M	4.61M	2.20M	1.21M	15.47M	13.08M
Stockholders Equity	-4.37M	-1.93M	-971.08K	7.30M	-4.17M	-2.11M
Cash Flow
Free Cash Flow	-3.69M	-4.25M	-9.58M	-6.80M	-1.65M	-3.47M
Operating Cash Flow	-3.69M	-4.25M	-9.58M	-6.80M	-1.65M	-3.47M
Investing Cash Flow	191.94K	104.64K	0.00	0.00	23.94K	53.05K
Financing Cash Flow	1.63M	5.58M	2.56M	13.18M	2.25M	2.03M

ReGen III Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GIII, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.20, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.40 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GIII.

ReGen III Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLN	69 Neutral	C$611.63M	―	-13.97%	―	26.80%	69.67%
Sector *	61 Neutral	C$5.16B	10.92	18.94%	4.26%	5.08%	6.52%
GRN	60 Neutral	C$14.91M	―	-6.67%	―	-32.69%	94.36%
NPK	53 Neutral	C$31.60M	―	-32.62%	―	-39.06%	-9.07%
ECO	46 Neutral	C$238.02M	―	-3.46%	―	29.27%	42.35%
GIII	26 Underperform	C$24.95M	―	93.93%	―	―	14.57%

ReGen III Corp Corporate Events

ReGen III Corp Settles Interest Payments with Shares

ReGen III Corp, a leading clean technology company, is opting to settle its debenture interest payments by issuing common shares instead of cash, showcasing its commitment to sustainable financial strategies. The company has already completed a significant share issuance and is awaiting approval for another, reflecting its innovative approach in the cleantech sector.

ReGen III Appoints New CEO for Strategic Growth

ReGen III Corp has appointed Tony Weatherill as its new CEO and President, aiming to enhance its commercial and strategic growth. With a strong background in the lubricants and petrochemicals industry, Weatherill is expected to leverage his expertise to drive the company’s success and foster new partnerships.

ReGen III Secures Funding and Expands Patent Portfolio

ReGen III Corp has successfully closed its final tranche of an oversubscribed private placement, raising a total of $890,000 to be used for general corporate purposes and working capital. Additionally, the company has received a patent certificate from Singapore for its cutting-edge oil re-refining technology, further solidifying its position in the clean technology sector. To enhance its corporate visibility, ReGen III has also engaged Stockhouse Publishing Ltd. to expand its news dissemination efforts.