Immutable Holdings Inc (HOLD) AI Stock Analysis

• Market Cap: C$11.75M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: -100.00%
• EPS Growth: 68.72%
• Country: CA
• Employees: 30
• Sector: Technology
• Sector Strength: 84
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 31,773,434
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.07
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.55
• 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: 38 Underperform
• Price Target: ―

Immutable Holdings Inc's stock score reflects significant financial challenges, including consistent losses and negative cash flows. Technical analysis shows a lack of momentum, and the negative P/E ratio highlights valuation concerns. Overall, the company's financial instability and lack of profitability are critical factors driving the low score.

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

TSE:HOLD has demonstrated impressive revenue growth, yet it faces challenges in profitability and cash flow generation. The balance sheet is robust with a high equity ratio and no debt, but consistent net losses and negative cash flows pose risks for future growth.

Income Statement

The company has shown a significant revenue growth of over 110% from 2022 to the TTM period. However, profitability remains a challenge with negative net profit margins due to substantial net losses. The gross profit margin is strong at approximately 99%, indicating efficient cost management relative to revenue. Yet, the negative EBIT and EBITDA margins reflect ongoing operational challenges.

Balance Sheet

The company's balance sheet shows a solid equity position with an equity ratio of approximately 97% in the TTM period, indicating a low dependence on debt. The absence of total debt and a significant amount of cash and cash equivalents highlight financial stability. However, the decline in stockholders' equity over time presents potential risks.

Cash Flow

Cash flows highlight operational difficulties with consistent negative operating and free cash flows over recent periods. The operating cash flow to net income ratio is unfavorable, indicating inefficient conversion of earnings into cash. Despite these challenges, the company has managed to maintain a substantial cash reserve.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Sep 2019
Income Statement		Total Revenue
4.63M	2.19M	9.30M	229.52K	472.38K	312.19K
	Gross Profit
4.59M	1.22M	9.21M	103.28K	472.38K	312.19K
	EBIT
-1.49M	-5.55M	-5.25M	-6.91M	-16.00	-287.85K
	EBITDA
1.28M	-5.96M	-5.11M	-6.99M	-98.44K	-291.30K
	Net Income Common Stockholders
-1.04M	-6.06M	-5.20M	-7.00M	-16.00	-302.01K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.75M	12.93M	19.50M	22.31M	1.15K	913.00
	Total Assets
16.83M	14.51M	20.92M	23.41M	26.65K	51.37K
	Total Debt
0.00	-639.55K	0.00	0.00	76.00K	65.44K
	Net Debt
-10.28M	-11.15M	-19.50M	-22.31M	74.85K	64.53K
	Total Liabilities
715.11K	918.19K	2.23M	2.91M	370.55K	291.50K
	Stockholders Equity
16.11M	13.59M	18.69M	20.50M	-343.90K	-240.13K
Cash Flow		Free Cash Flow
-5.08M	-8.07M	-4.17M	-1.36M	―	-53.63K
	Operating Cash Flow
-5.08M	-8.07M	-4.03M	-1.02M	―	-53.63K
	Investing Cash Flow
0.00	0.00	-134.19K	-273.40K	-1.81K	0.00
	Financing Cash Flow
0.00	0.00	65.16K	23.61M	3.38K	53.83K

Immutable Holdings Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.80B	10.31	-7.45%	2.91%	7.43%	-7.78%
CSTR	44 Neutral	C$8.47M	―	-80.93%	―	-66.56%	4.86%
HOLD	38 Underperform	C$11.75M	―	-17.39%	―	-100.00%	68.72%
BTC	34 Underperform	C$10.11M	―	-277.57%	―	55.13%	90.42%
BITF		$494.68M	―	-16.30%	―	―	―
BIDCF		$1.59M	―		―	―	―
HYHDF		$7.43M	16.06	7.73%	―	―	―

Immutable Holdings Inc Corporate Events

Immutable Holdings Announces AGM Results and Expansion

Immutable Holdings Inc., a blockchain holding company, announced the successful election of its board of directors and the reappointment of Richter LLP as auditors at their recent Annual General Meeting. The company continues to expand its influence in the digital assets ecosystem with a diverse portfolio that includes NFT.com and Immutable Asset Management.

Immutable Holdings Tackles AGM Mailing Delays

Immutable Holdings Inc. is addressing potential mailing delays for its 2024 annual general meeting due to a Canada Post strike by using electronic delivery of voting materials through Odyssey Trust Company. Shareholders are advised to check their emails for voting instructions or contact Odyssey if they encounter issues.