Sixty Six Capital Inc (SIX) AI Stock Analysis

• Market Cap: $10.19M
• Dividend Yield: N/A
• Average Volume (3M): 13.21K
• Price to Earnings (P/E): 15.2
• Beta (1Y): -0.29
• Revenue Growth: N/A
• EPS Growth: -20.69%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 81
• Industry: Financial - Capital Markets
• EPS (TTM): 0.05
• Shares Outstanding: 145,574,740
• 10 Day Avg. Volume: 21,800
• 30 Day Avg. Volume: 13,212
• PEG Ratio: -0.26
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.92
• 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: 58 Neutral
• Price Target: ―

The overall score reflects significant operational and liquidity challenges, as indicated by the financial performance, balanced somewhat by positive technical indicators and an attractive valuation. The lack of earnings call data and corporate events does not provide additional context to adjust the score.

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 through strategic investments in blockchain-related ventures and digital assets. The company earns money by acquiring stakes in promising blockchain startups and technologies, as well as by managing a portfolio of digital currencies whose value can appreciate over time. Additionally, Sixty Six Capital may establish partnerships with other technology firms and financial institutions to enhance its investment opportunities and maximize returns. Revenue is also supplemented through consultancy services and advisory roles within the blockchain and cryptocurrency domains.

Sixty Six Capital Inc Financial Statement Overview

Summary

Sixty Six Capital Inc. displays a challenging financial position with inconsistent income generation, improving yet still leveraged balance sheet stability, and negative cash flow trends. While there are signs of improvement in equity and cash positions, significant operational and liquidity challenges remain.

Income Statement

The company shows a lack of consistent revenue generation with a significant net income shift from a large loss to profit in TTM. Gross and EBIT margins are unstable, with EBIT remaining negative, indicating operational challenges. Revenue growth is non-existent due to volatile and minimal revenue figures.

Balance Sheet

The balance sheet reflects moderate stability with an improving equity position and a decreasing debt-to-equity ratio from negative to positive equity. However, the total liabilities remain high compared to assets. The equity ratio is strengthening, indicating a better capital structure.

Cash Flow

Cash flow from operations is negative, with free cash flow also in the negative territory, indicating liquidity issues. The free cash flow growth is volatile, and while there is some improvement, the company struggles to generate positive cash flow.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
22.80K	0.00	0.00	1.78M	3.61M	4.60M
	Gross Profit
22.80K	0.00	0.00	635.90K	-348.26K	-36.77K
	EBIT
-253.63K	-103.79K	-35.27M	-1.84M	-6.42M	-4.90M
	EBITDA
4.33M	10.12M	-35.27M	25.40M	-4.13M	-3.28M
	Net Income Common Stockholders
3.85M	9.64M	-70.01M	50.67M	-7.37M	-5.65M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
384.26K	12.05M	3.02M	104.55K	198.58K	997.57K
	Total Assets
1.08M	12.07M	3.04M	39.11M	19.30M	18.37M
	Total Debt
0.00	6.87M	6.45M	5.97M	8.69M	5.66M
	Net Debt
-384.26K	5.56M	6.41M	5.87M	8.49M	4.67M
	Total Liabilities
496.60K	6.90M	7.67M	8.22M	13.68M	7.40M
	Stockholders Equity
586.85K	5.17M	-4.63M	30.89M	5.63M	10.97M
Cash Flow		Free Cash Flow
-2.39M	-282.80K	-250.95K	-1.33M	-5.78M	-5.83M
	Operating Cash Flow
-1.37M	-282.80K	-250.95K	-785.01K	-4.21M	-5.59M
	Investing Cash Flow
-1.20M	1.62M	0.00	1.08M	1.59M	2.12M
	Financing Cash Flow
0.00	-67.61K	187.57K	8.37K	1.98M	2.26M

Sixty Six Capital Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 71.34 is Negative, neither overbought nor oversold. The STOCH value of 88.89 is Negative, 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 *	64 Neutral	$12.86B	9.79	7.78%	16985.65%	12.28%	-7.82%
SIX	58 Neutral	$10.19M	15.22	7.73%	―	―	-20.69%
GBC		C$1.87M	―		―	―	―
CSTR	44 Neutral	C$8.47M	―	-80.93%	―	-66.56%	4.86%
BTC	34 Underperform	C$10.11M	―	-277.57%	―	55.13%	90.42%
BIDCF		$1.59M	―		―	―	―
BKLIF		$2.81M	―	3.94%	―	―	―