SPIRIT Blockchain Capital, Inc. (SPIR) AI Stock Analysis

• Market Cap: C$2.36M
• Dividend Yield: N/A
• Average Volume (3M): 204.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.71
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 157,448,030
• 10 Day Avg. Volume: 273,932
• 30 Day Avg. Volume: 204,416
• PEG Ratio: >-0.01
• Price to Book (P/B): -24.79
• Price to Sales (P/S): -920.72
• P/FCF Ratio: -15.89
• 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: 38 Underperform
• Price Target: <C$0.01 ▼(-55.00% Downside)

SPIRIT Blockchain Capital, Inc. is in a precarious financial position, with significant operational and financial challenges. The technical analysis supports a bearish outlook, and the lack of valuation metrics further underscores the company's difficulties. These factors collectively result in a low overall stock score.

Positive Factors

Business Model

The diversified revenue model through fees and strategic partnerships supports potential growth in blockchain and digital assets.

Industry Position

Positioning in emerging blockchain sectors like DeFi and NFTs aligns with industry growth trends, offering long-term opportunities.

Strategic Partnerships

Strategic partnerships with tech companies may enhance innovation and market reach, fostering sustainable business development.

Negative Factors

Financial Health

Negative equity and high leverage suggest potential solvency issues, limiting financial flexibility and increasing risk.

Cash Flow Challenges

Persistent negative cash flows highlight difficulties in sustaining operations, posing long-term viability concerns.

Revenue Generation

Negative revenue and losses indicate challenges in revenue generation and cost management, affecting profitability.

SPIRIT Blockchain Capital, Inc. Business Overview & Revenue Model

Company Description

SPIRIT Blockchain Capital, Inc. (SPIR) is a forward-thinking investment firm specializing in blockchain technology and digital assets. The company focuses on sectors such as decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain infrastructure. SPIR offers a range of services, including investment management, advisory services, and strategic partnerships to help clients navigate the rapidly evolving landscape of blockchain and cryptocurrency.

How the Company Makes Money

SPIRIT Blockchain Capital generates revenue through multiple channels. Its primary revenue streams include management fees from investment funds that focus on blockchain technologies and digital assets, performance fees based on the returns generated for investors, and advisory fees for consulting services provided to businesses seeking to integrate blockchain solutions. Additionally, SPIR may earn income from strategic partnerships with technology companies and startups in the blockchain space, facilitating joint ventures or co-investments that align with its investment strategy.

SPIRIT Blockchain Capital, Inc. Financial Statement Overview

Summary

SPIRIT Blockchain Capital, Inc. is facing severe financial difficulties, with negative revenue, substantial losses, and poor cash flow management. The balance sheet shows negative equity and high leverage, indicating significant financial risk and potential solvency issues.

Income Statement

SPIRIT Blockchain Capital, Inc. has consistently reported negative revenue and substantial losses over the past years. The company is struggling with negative gross profit and net income margins, indicating issues with revenue generation and cost management. The declining EBIT and EBITDA margins further highlight ongoing operational challenges.

Balance Sheet

The balance sheet reveals significant concerns with negative stockholders' equity, indicating that liabilities exceed assets. The company also has a high debt burden relative to its equity, which may increase financial risk. The lack of positive equity suggests potential solvency issues.

Cash Flow

Cash flow analysis shows consistently negative operating and free cash flows, reflecting difficulties in generating cash from operations. Although there are inflows from financing activities, they are not sufficient to cover operational outflows, pointing to an unsustainable cash flow situation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	-33.58K	112.30K	0.00	-52.95K
Gross Profit	-229.89K	-33.58K	112.30K	0.00	-52.95K
EBITDA	-12.34M	-10.86M	-1.94M	-3.39M	-10.28M
Net Income	-12.58M	-11.19M	-1.97M	-3.39M	-10.19M
Balance Sheet
Total Assets	1.02M	1.37M	1.14M	738.92K	4.04M
Cash, Cash Equivalents and Short-Term Investments	132.86K	929.19K	375.49K	295.48K	1.32M
Total Debt	127.20K	1.25M	1.21M	0.00	0.00
Total Liabilities	1.17M	2.61M	2.14M	646.69K	278.60K
Stockholders Equity	-151.49K	-1.25M	-1.00M	92.23K	3.76M
Cash Flow
Free Cash Flow	-3.62M	-1.95M	-1.06M	-1.54M	-2.58M
Operating Cash Flow	-3.60M	-1.92M	-1.06M	-1.24M	-675.75K
Investing Cash Flow	444.71K	611.52K	809.35K	816.78K	-2.13M
Financing Cash Flow	3.23M	1.88M	343.08K	0.00	3.41M

SPIRIT Blockchain Capital, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPIR, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.09 is Neutral, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SPIR.

SPIRIT Blockchain 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%
BIGG	52 Neutral	C$24.51M	-1.76	-63.28%	―	36.80%	9.34%
CSTR	40 Underperform	C$4.24M	-0.74	-108.07%	―	-90.58%	-43.16%
BTC	39 Underperform	C$4.84M	-0.84	-277.20%	―	―	-15.07%
SPIR	38 Underperform	C$2.36M	―	―	―	―	―

SPIRIT Blockchain Capital, Inc. Corporate Events

Spirit Blockchain Capital Files Q3 2025 Financials and Announces CFO Transition

Spirit Blockchain Capital Inc. has filed its Q3 2025 financial statements and announced a transition in its CFO position, with CEO Lewis Bateman stepping in as interim CFO following the departure of Inder Saini. This change comes as the company continues its search for a new CFO, potentially impacting its financial strategy and operations. The filing of financial statements aligns with the Canadian Securities Exchange’s disclosure requirements, ensuring transparency for stakeholders.

Spirit Blockchain Capital Updates Business Strategy and Operating Model

Spirit Blockchain Capital Inc. has provided a corporate update detailing its business strategy and operating model. The company is advancing its infrastructure-first model by focusing on platform licensing, compliant payments enablement, validator/infrastructure services, and European ETP infrastructure support. These efforts aim to enhance Spirit’s market positioning in the blockchain and digital-asset sector, although the company is currently generating nominal revenue and is not yet profitable. The update highlights Spirit’s strategic evolution from its 2022 business pillars, emphasizing its commitment to developing technology and financial-infrastructure solutions.