Immutable Holdings Inc (HOLD) AI Stock Analysis

• Market Cap: C$11.63M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: -100.00%
• EPS Growth: -182.08%
• Country: CA
• Employees: 30
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): >-0.01
• Shares Outstanding: 32,583,076
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.08
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.84
• 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: 44 Neutral
• Price Target: C$0.15 ▼(-2.67% Downside)

The score is held down primarily by very weak financial performance (no revenue, ongoing losses, and continued cash burn). Technical signals are mixed and do not indicate a clear uptrend, and valuation remains unattractive/unclear due to negative earnings and no dividend yield support.

Positive Factors

Strong Equity Position

A strong equity position with no debt leverage provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Revenue Growth Recovery

The significant revenue growth indicates a recovery from previous lows, suggesting potential for future expansion and market capture if sustained.

High Gross Profit Margin

A high gross profit margin indicates efficient cost management and the potential for profitability if operational efficiencies improve.

Negative Factors

Negative Cash Flows

Negative cash flows from operations indicate challenges in generating sufficient cash to cover expenses, which can hinder growth and investment capabilities.

Consistent Losses

Consistent losses and negative profit margins highlight operational inefficiencies and the need for strategic changes to achieve profitability.

Lack of Financing Diversification

Reliance on equity without diversified financing options increases risk, limiting the company's ability to leverage debt for growth and operational flexibility.

Immutable Holdings Inc Business Overview & Revenue Model

Company Description

Immutable Holdings Inc. operates as a blockchain technology holding company. The company develops non-fungible token platform. It designs, develops, and manages the platform for higher education clients with multiple campus locations and complex requirements. The company also provides consulting and advisory services to central bankers. In addition, it offers Bitcoin exposure and educational products. The company is headquartered in San Juan, Puerto Rico.

How the Company Makes Money

Immutable Holdings Inc generates revenue through a combination of investment and development activities in the blockchain space. The company invests in blockchain technologies, startups, and projects that show potential for growth and value creation. Additionally, it may earn revenue by providing consulting services, developing blockchain-based platforms or applications, and forming strategic partnerships with other companies in the blockchain ecosystem to enhance their offerings and reach. These efforts contribute to its earnings by enabling the company to capitalize on the growing demand for blockchain solutions and digital assets.

Immutable Holdings Inc Financial Statement Overview

Summary

Immutable Holdings Inc is facing significant financial challenges, with consistent losses and negative cash flows. Although revenue growth is evident, profitability remains elusive, and the balance sheet, while strong in equity, lacks diversification in financing.

Income Statement

Immutable Holdings Inc has shown inconsistent revenue growth with significant volatility year over year. The current revenue growth rate from 2023 to 2024 is 111.36%, indicating recovery from a low base, but the company has not yet achieved profitability. The gross profit margin remains high at 100%, as cost of goods sold is not reported, but net profit margin is negative at -40.96%, reflecting a significant loss. EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The company has a strong equity position with a debt-to-equity ratio of 0, indicating no debt leverage. However, return on equity is negative at -7.22%, reflecting the impact of continuous losses. The equity ratio is high at 94.66%, suggesting strong asset backing but also highlighting risk due to the lack of diversification in financing.

Cash Flow

The company's cash flow statements indicate negative operating cash flows, showing a lack of cash generation from operations. The free cash flow has decreased, indicating cash usage without corresponding income. The operating cash flow to net income ratio is negative, further emphasizing operational cash constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	29.07K	229.52K	0.00
Gross Profit	-34.15K	0.00	0.00	29.07K	103.28K	0.00
EBITDA	-4.30M	-97.34K	-5.66M	-5.14M	-6.90M	-16.00
Net Income	-2.93M	-1.90M	-6.06M	-5.20M	-7.00M	-16.00
Balance Sheet
Total Assets	20.49M	27.74M	14.51M	20.92M	23.41M	26.65K
Cash, Cash Equivalents and Short-Term Investments	20.24M	8.30M	12.93M	19.50M	22.31M	1.15K
Total Debt	0.00	0.00	0.00	0.00	0.00	76.00K
Total Liabilities	433.84K	1.47M	918.19K	2.23M	2.91M	370.55K
Stockholders Equity	20.06M	26.27M	13.59M	18.69M	20.50M	-343.90K
Cash Flow
Free Cash Flow	-2.09M	-3.63M	-8.07M	-4.17M	-1.36M	-3.14K
Operating Cash Flow	-2.09M	-3.63M	-8.07M	-4.03M	-1.02M	-1.33K
Investing Cash Flow	-409.79K	0.00	0.00	-134.19K	-273.40K	-1.81K
Financing Cash Flow	0.00	0.00	0.00	65.16K	23.61M	3.38K

Immutable Holdings Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SIX	52 Neutral	C$12.77M	1.36	42.11%	―	―	33.33%
BITF	46 Neutral	$2.21B	-12.74	-17.06%	―	51.69%	28.00%
HOLD	44 Neutral	C$11.63M	-5.02	-17.94%	―	-100.00%	-182.08%
BTC	41 Neutral	C$5.21M	-0.97	-277.20%	―	―	-15.07%
CSTR	40 Underperform	C$4.24M	-0.74	-108.07%	―	-90.58%	-43.16%

Immutable Holdings Inc Corporate Events

Immutable Holdings Shareholders Back Board Slate, Auditor and Stock Option Plan

Immutable Holdings Inc. reported that all management nominees were elected to its board of directors at the company’s annual general and special meeting of shareholders held on December 31, 2025. Shareholders also approved the reappointment of Richter LLP as auditor for the coming year and ratified the renewal of the company’s rolling stock option plan, reinforcing existing governance structures and incentive mechanisms as the blockchain holding firm continues to pursue growth in the digital asset ecosystem.

The most recent analyst rating on (TSE:HOLD) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Immutable Holdings Inc stock, see the TSE:HOLD Stock Forecast page.