SBD Capital (SBD) AI Stock Analysis

• Market Cap: C$654.98K
• Dividend Yield: N/A
• Average Volume (3M): 839.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.43
• Revenue Growth: 37.05%
• EPS Growth: 41.12%
• Country: CA
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): -0.01
• Shares Outstanding: 2,339,223
• 10 Day Avg. Volume: 1,952
• 30 Day Avg. Volume: 839
• PEG Ratio: -0.23
• Price to Book (P/B): -15.87
• Price to Sales (P/S): 140.82
• P/FCF Ratio: -39.74
• 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$0.27 ▼(-2.86% Downside)

The score is primarily held down by weak financial performance (persistent losses, ongoing cash burn, and negative equity). Technicals are mixed with overbought risk and no clear positive momentum, while valuation is difficult to support given negative earnings and no dividend yield.

SBD Capital Business Overview & Revenue Model

Company Description

SBD Capital Corp., through its subsidiary, Secret Barrel Distillery Corporation, produces and sells alcohol and liquor products in North America. The company was formerly known as White Pine Resources Inc. and changed its name to SBD Capital Corp. in September 2017. SBD Capital Corp. was incorporated in 1979 and is based in Toronto, Canada.

How the Company Makes Money

SBD Capital generates revenue primarily through asset management fees, performance-based incentives, and advisory services. The company earns management fees by overseeing client assets, typically calculated as a percentage of assets under management (AUM). Performance fees are collected when investment returns exceed predefined benchmarks, aligning the firm's interests with those of its clients. Additionally, SBD Capital offers customized advisory services to clients, charging fees based on the complexity and scope of the advisory engagement. The firm also leverages strategic partnerships with other financial institutions to enhance its service offerings and expand its market reach, contributing to its revenue growth.

SBD Capital Financial Statement Overview

Summary

Financials remain highly stressed: revenue has been volatile/declining, the company is deeply unprofitable with a worsening net loss in 2025, free cash flow is consistently negative and deteriorated in 2025, and equity is negative despite a meaningful reduction in debt.

Income Statement

Revenue has been volatile and generally declining over the period (down sharply from 2020, with a -5.5% decline in 2025 vs. 2024). While gross margin improved materially from negative levels in 2020/2022 to ~54% in 2024–2025, the company remains deeply unprofitable: 2025 shows a net loss of 219,531 with a -15.7% net margin and a -11.5% operating margin, worsening versus 2024’s smaller loss. Overall, profitability and earnings quality remain the key weakness despite better gross profitability.

Balance Sheet

The balance sheet is constrained by consistently negative equity (2025 equity of -124,303), which signals a thin capital base and elevated financial risk. Total debt declined meaningfully versus prior years (33,594 in 2025 vs. 188,988 in 2024), which is a clear positive, and total assets are also much lower (10,442 in 2025). However, negative equity limits flexibility and makes leverage metrics less informative, leaving the capital structure as a notable ongoing risk.

Cash Flow

Cash generation is weak, with operating cash flow and free cash flow negative in every year shown, including -49,634 in 2025. Free cash flow deteriorated further in 2025 (down ~42% vs. 2024), indicating continued cash burn. While losses are large, cash flow has not demonstrated a sustained path toward breakeven, increasing funding and liquidity pressure.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.88K	14.01K	12.22K	12.13K	14.83K	24.13K
Gross Profit	8.01K	7.55K	6.51K	6.46K	-1.46K	6.00K
EBITDA	-152.35K	-161.76K	-83.54K	-186.99K	-23.33K	-185.50K
Net Income	-212.66K	-219.53K	-84.30K	-195.90K	-886.00K	-187.55K
Balance Sheet
Total Assets	11.04K	10.44K	73.28K	102.25K	67.91K	90.43K
Cash, Cash Equivalents and Short-Term Investments	9.24K	5.54K	2.54K	27.54K	13.74K	28.75K
Total Debt	33.59K	33.59K	188.99K	138.87K	44.27K	439.73K
Total Liabilities	157.69K	134.75K	571.44K	516.12K	285.88K	905.38K
Stockholders Equity	-146.65K	-124.30K	-498.16K	-413.86K	-217.97K	-814.94K
Cash Flow
Free Cash Flow	-45.91K	-49.63K	-75.11K	-80.80K	-79.39K	-42.34K
Operating Cash Flow	-45.91K	-49.63K	-75.11K	-80.80K	-79.39K	-42.34K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	51.84K	52.63K	50.11K	94.60K	64.38K	52.45K

SBD Capital Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SBD, the sentiment is Neutral. The current price of 0.28 is below the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.28, and below the 200-day MA of 0.29, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 77.86 is Negative, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:SBD.

SBD Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SBD	44 Neutral	C$654.98K	-2.36	23.12%	―	37.05%	41.12%