Sixty Six Capital Inc (SIX) AI Stock Analysis

• Market Cap: C$12.77M
• Dividend Yield: N/A
• Average Volume (3M): 39.74K
• Price to Earnings (P/E): 1.5
• Beta (1Y): 1.36
• Revenue Growth: N/A
• EPS Growth: 33.33%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.05
• Shares Outstanding: 232,228,820
• 10 Day Avg. Volume: 15,750
• 30 Day Avg. Volume: 39,738
• PEG Ratio: -0.05
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 462.33
• P/FCF Ratio: -50.67
• 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: 52 Neutral
• Price Target: C$0.07 ▲(10.00% Upside)
• Action: Reiterated Date: 01/08/26
• Date: Action: Reiterated 01/08/26

The score is driven primarily by mixed financial performance: a much improved balance sheet is offset by consistently negative operating/free cash flow and signs that reported profitability may be volatile or non-core. Technicals further weigh on the score due to a sustained downtrend and negative momentum, while the very low P/E provides some valuation support.

Positive Factors

Improving leverage

Material deleveraging meaningfully improves financial flexibility for an investment company. Lower leverage reduces interest and refinancing risk, gives capacity for follow-on investments or opportunistic acquisitions, and strengthens resilience to market volatility over months.

Larger equity base

A substantially larger equity and asset base increases deal-making capacity and absorbs mark-to-market swings common in investment portfolios. This durable capital buffer supports sustained investment activity and credibility with partners over medium-term horizons.

Top-line momentum

Consistent revenue growth indicates growing investment realizations or fee-generating activity, which can underpin scalable earnings and fee income. Sustained top-line momentum improves prospects for repeatable cash generation and supports long-term business viability.

Negative Factors

Negative operating cash flow

Persistent negative operating and free cash flow erodes liquidity and forces reliance on financing or asset sales to fund operations and follow-on investments. For an investment company, weak cash conversion limits the ability to capitalize on opportunities and raises solvency risk over time.

Negative gross profit

Negative gross profit signals that core revenue-generating activities are loss-making. This structural weakness implies the firm depends on non-operating gains for reported profits, making margins unsustainable and reducing predictability of future operating performance.

Volatile, non-core earnings

Earnings driven by one-offs and mark-to-market gains undermine earnings quality and make metrics like ROE misleading. This volatility complicates capital allocation and forecasting, reducing confidence in durable profitability and increasing execution risk over months.

Sixty Six Capital Inc Business Overview & Revenue Model

Company Description

Sixty Six Capital Inc. provides co-location and cloud computing services. The company engages in the high-performance computing, storage, and information processing activities. It also invests in various technology sectors, such as crypto tokens and crypto finance. The company was formerly known as Hydro66 Holdings Corp. and changed its name to Sixty Six Capital Inc. in April 2021. Sixty Six Capital Inc. is headquartered in London, the United Kingdom.

How the Company Makes Money

Sixty Six Capital Inc generates revenue primarily through its investment activities. The company makes money by acquiring equity stakes in promising companies, which can yield returns through dividends, capital appreciation, and eventual exits via public offerings or acquisitions. Additionally, SIX may charge management fees and performance-based incentives on its investment funds. Strategic partnerships with other investment firms and venture capitalists can also enhance its deal flow and access to lucrative investment opportunities, further contributing to its earnings.

Sixty Six Capital Inc Financial Statement Overview

Summary

Balance sheet strength is a clear positive (materially lower leverage and higher equity), but overall fundamentals are mixed: gross profit is negative, reported profits appear heavily influenced by volatile/non-core items, and operating/free cash flow are negative across all periods, indicating weak cash conversion.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew 9.8% versus the prior annual period, showing improving top-line momentum. Profitability looks unusually strong on paper (TTM net income of ~6.0M on ~42K of revenue, with extremely high net and operating margins), which suggests results are likely dominated by non-core/mark-to-market or one-time items rather than steady operating revenue. Gross profit remains negative in both TTM and 2024, indicating weak underlying economics of reported revenue. Overall: earnings power appears strong but the quality and sustainability of profits look volatile.

Balance Sheet

Leverage has improved materially: debt-to-equity moved from high levels in 2023 (~1.33x) to much lower in 2024 (~0.47x) and TTM (~0.18x), alongside a sizable increase in equity (from ~5.2M in 2023 to ~21.4M TTM) and asset growth (to ~25.5M TTM). Returns on equity are very high (TTM ~38.6%, 2024 ~56.3%), but given the income statement volatility, these returns may not be durable. A key historical risk is the 2022 period showing negative equity, highlighting that capital structure and results can swing meaningfully.

Cash Flow

Cash generation is a clear weakness: operating cash flow and free cash flow are negative across every period shown, including TTM (about -0.25M) and 2024 (about -0.20M). While the cash burn is smaller than in 2020 (about -4.2M operating cash flow), the business is still not consistently converting reported profits into cash, and TTM operating cash flow is negative relative to net income. Free cash flow growth is positive in TTM, but it remains below zero, so improvement hasn’t yet translated into cash-positive operations.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	42.34K	22.28K	48.60K	0.00	1.78M	3.61M
Gross Profit	-357.17K	-454.53K	-432.18K	0.00	635.90K	-348.26K
EBITDA	6.39M	7.84M	10.12M	-35.27M	25.40M	-4.14M
Net Income	5.99M	7.36M	9.64M	-35.75M	24.41M	-6.90M
Balance Sheet
Total Assets	25.46M	19.31M	12.07M	3.04M	39.11M	19.30M
Cash, Cash Equivalents and Short-Term Investments	25.03M	18.52M	12.05M	3.02M	104.55K	198.58K
Total Debt	3.92M	6.16M	6.87M	6.45M	5.97M	8.69M
Total Liabilities	4.04M	6.23M	6.90M	7.67M	8.22M	13.68M
Stockholders Equity	21.41M	13.08M	5.17M	-4.63M	30.89M	5.63M
Cash Flow
Free Cash Flow	-253.64K	-203.32K	-282.80K	-250.95K	-1.33M	-5.78M
Operating Cash Flow	-253.64K	-203.32K	-282.80K	-250.95K	-785.01K	-4.21M
Investing Cash Flow	-4.06M	2.10M	1.62M	0.00	1.08M	1.59M
Financing Cash Flow	5.08M	-886.30K	-67.61K	187.57K	8.37K	1.98M

Sixty Six Capital Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SIX, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.30 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SIX.

Sixty Six Capital Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SIX	52 Neutral	C$12.77M	1.49	42.11%	―	―	33.33%
BIGG	52 Neutral	C$21.00M	-1.51	-63.28%	―	36.80%	9.34%
DEFI	45 Neutral	C$86.46M	-2.96	-90.12%	―	972.76%	-192.94%
CBIT	44 Neutral	C$17.88M	-4.77	-13.56%	―	40.83%	-123.25%
BTCW	44 Neutral	C$25.35M	-1.34	―	―	72.86%	-2.13%
SPIR	40 Underperform	C$1.57M	―	―	―	―	―