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Neptune Digital Assets
(NDA)
Neptune Digital Assets (NDA) vs. iShares MSCI Canada ETF (EWC)
Neptune Digital Assets Business Overview & Revenue Model
Neptune Digital Assets Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.13M | 2.41M | 2.32M | 4.19M | 358.70K | 149.07K | Gross Profit |
| 916.44K | 796.91K | 11.76K | -1.91M | 180.94K | 142.91K | EBIT |
| -1.17M | -1.88M | -2.02M | 8.26M | -10.18M | 2.24M | EBITDA |
| -3.95M | -1.60M | -2.17M | 1.22M | -6.83M | -448.71K | Net Income Common Stockholders |
| 3.32M | 2.43M | -5.13M | -21.07M | -2.04M | 162.94K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.58M | 11.31M | 14.60M | 8.71M | 3.48M | 509.65K | Total Assets |
| 72.24M | 50.69M | 32.94M | 36.04M | 54.68M | 3.80M | Total Debt |
| 4.74M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| 3.80M | -3.59M | -2.92M | -4.76M | -154.80K | -117.56K | Total Liabilities |
| 5.07M | 805.90K | 654.48K | 890.79K | 769.08K | 233.82K | Stockholders Equity |
| 67.17M | 49.88M | 32.28M | 35.15M | 53.91M | 3.57M |
| Cash Flow | Free Cash Flow | ||||
| -2.80M | -3.53M | -3.73M | -5.71M | -2.48M | -368.56K | Operating Cash Flow |
| -2.57M | -3.06M | -3.39M | -460.90K | -1.06M | -368.56K | Investing Cash Flow |
| -1.51M | 3.93M | 1.47M | 5.06M | -37.44M | -114.46K | Financing Cash Flow |
| 4.40M | -200.13K | 81.25K | 0.00 | 38.54M | 90.58K |
Neptune Digital Assets Technical Analysis
Neptune Digital Assets Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | C$448.74M | 155.43 | 4.09% | ― | 3189.96% | ― | |
61 Neutral | $11.55B | 10.41 | -6.86% | 2.93% | 7.50% | -8.30% | |
56 Neutral | C$204.62M | 59.62 | 5.61% | ― | -9.36% | ― | |
52 Neutral | C$51.06M | 9.33 | 42.14% | ― | 109.65% | -22.41% | |
| $340.08M | ― | -2.15% | ― | ― | ― | ||
| $35.11M | ― | -110.80% | ― | ― | ― | ||
| $506.90M | ― | -16.30% | ― | ― | ― |
Neptune Digital Assets Corporate Events
Neptune Digital Assets reported a comprehensive net income of $17.4 million and a 43% increase in assets for the six months ending February 28, 2025. The company has significantly grown its Bitcoin and Solana holdings, leveraging mining and staking strategies to enhance long-term value. Despite a decrease in total gross revenues compared to the previous year due to reduced mining revenues and altcoin values, Neptune continues to strategically expand its asset base, including investments in SpaceX, setting the stage for a strong growth phase and exciting opportunities for shareholders.
Spark’s Take on TSE:NDA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDA is a Neutral.
Neptune Digital Assets’ strong equity position is a key strength, but operational challenges like negative cash flows and a high valuation weigh heavily on the stock. Technical indicators suggest caution, and while corporate events show strategic growth, the overall outlook remains mixed.
To see Spark’s full report on TSE:NDA stock, click here.
Neptune Digital Assets Corp. has expanded its investment in SpaceX by acquiring an additional 5,405 shares for US$1 million, bringing its total holdings to 32,126 shares. This investment aligns with Neptune’s strategy of holding high-value, innovative assets, and reflects strong shareholder interest in expanding SpaceX exposure. The acquisition is seen as a strategic move to enhance Neptune’s asset portfolio, given SpaceX’s rapid valuation growth and transformative impact on technology.
Spark’s Take on TSE:NDA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDA is a Neutral.
Neptune Digital Assets benefits from a robust equity position and strategic growth initiatives, including Bitcoin accumulation and a share repurchase program. However, operational challenges, such as negative cash flows and high valuation, limit the stock’s attractiveness. The technical analysis suggests a cautious approach due to the current bearish trend.
To see Spark’s full report on TSE:NDA stock, click here.
Neptune Digital Assets Corp. has expanded its investment in SpaceX by acquiring an additional 5,405 shares for US$1 million, bringing its total holdings to 32,126 shares. This strategic move aligns with Neptune’s focus on high-value, innovative assets, reflecting shareholder interest and the company’s commitment to long-term value creation through pioneering technologies like blockchain, AI, and space exploration.
Spark’s Take on TSE:NDA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDA is a Neutral.
Neptune Digital Assets benefits from a robust equity position and strategic growth initiatives, including Bitcoin accumulation and a share repurchase program. However, operational challenges, such as negative cash flows and high valuation, limit the stock’s attractiveness. The technical analysis suggests a cautious approach due to the current bearish trend.
To see Spark’s full report on TSE:NDA stock, click here.
Neptune Digital Assets has expanded its Bitcoin treasury to 401 BTC, showcasing its commitment to long-term Bitcoin accumulation and digital asset growth. The company’s disciplined acquisition strategy, with an average Bitcoin purchase price significantly below the market average, underscores its value-conscious approach. Neptune employs a diverse strategy for Bitcoin accumulation, including dollar-cost averaging, opportunistic dip buying, and converting staking rewards into Bitcoin, ensuring steady growth in all economic conditions. This strategic move is part of Neptune’s broader effort to optimize treasury management and maximize shareholder value through prudent investments and operational efficiencies.
Spark’s Take on TSE:NDA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDA is a Neutral.
Neptune Digital Assets shows a strong equity position and strategic growth initiatives, but faces significant operational challenges with volatile revenue and negative cash flows. The high valuation and cautious technical indicators further temper enthusiasm.
To see Spark’s full report on TSE:NDA stock, click here.
Neptune Digital Assets Corp. has announced the renewal of its Normal Course Issuer Bid (NCIB) to repurchase up to 11,328,130 common shares, representing 10% of its public float. This initiative, commencing on April 14, 2025, aims to enhance shareholder value and liquidity, reflecting the company’s belief that its market price may not fully reflect the shares’ value. The purchases will be executed through Haywood Securities Inc., with all acquired shares being cancelled.
Spark’s Take on TSE:NDA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDA is a Neutral.
Neptune Digital Assets’ strong equity position and recent strategic initiatives are key strengths, though operational challenges and high valuation are significant concerns. The technical indicators suggest a cautious approach given the current trading momentum.
To see Spark’s full report on TSE:NDA stock, click here.
Neptune Digital Assets Corp. has appointed Tara Amiri as an independent director, succeeding Mitchell Demeter, who will remain as an advisor. Amiri, a seasoned lawyer with extensive experience in corporate finance and securities law, is expected to significantly contribute to Neptune’s strategic vision and governance, enhancing its industry positioning and operational effectiveness.
Neptune Digital Assets has announced a strategic partnership with Sol Strategies to expand its Solana staking operations, enhancing its revenue and strengthening its position in the proof-of-stake ecosystem. This partnership allows Neptune to receive a share of validator block rewards, increasing its annualized returns and diversifying its income streams, while aligning with its strategy to optimize staking yields and drive long-term shareholder value.