GoldSpot Discoveries (SPOT) AI Stock Analysis

• Market Cap: C$35.83M
• Dividend Yield: N/A
• Average Volume (3M): 191.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: 92.58%
• EPS Growth: 56.07%
• Country: CA
• Employees: 32
• Sector: Technology
• Sector Strength: 84
• Industry: Information Technology Services
• EPS (TTM): 0.00
• Shares Outstanding: 137,799,090
• 10 Day Avg. Volume: 430,923
• 30 Day Avg. Volume: 191,061
• PEG Ratio: 0.02
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.57
• 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: 61 Neutral
• Price Target: C$0.50 ▲(92.31%Upside)

GoldSpot Discoveries' stock score is primarily influenced by its strong market momentum and positive corporate events, which suggest potential growth opportunities. However, financial performance and valuation concerns, including inconsistent profitability and negative earnings, weigh down the overall score.

GoldSpot Discoveries Business Overview & Revenue Model

Company Description

GoldSpot Discoveries Corp. (SPOT) is a technology company that operates in the mining sector, providing data-driven solutions to the mineral exploration industry. The company utilizes artificial intelligence (AI) and machine learning to enhance the discovery process, offering innovative services such as data analysis, geological mapping, and resource estimation. GoldSpot's core offerings aim to reduce exploration risk and increase efficiency for mining companies worldwide.

How the Company Makes Money

GoldSpot Discoveries generates revenue through a combination of service contracts and technology licensing agreements. The company offers its AI and machine learning expertise to mining companies, charging fees for data analysis services, which include geological modeling and target identification. Additionally, GoldSpot licenses its proprietary software tools to exploration companies, providing them with advanced analytics capabilities. The company also enters into strategic partnerships and joint ventures with mining firms to share in the potential upside of successful mineral discoveries, further supplementing its revenue streams.

GoldSpot Discoveries Financial Statement Overview

Summary

GoldSpot Discoveries faces challenges in achieving consistent profitability and cash flow generation. While the company has a strong equity position and conservative leverage, it struggles with operational inefficiencies and inconsistent revenue growth. Strategic improvements in revenue generation and expense management are necessary to enhance financial health.

Income Statement

GoldSpot Discoveries has experienced significant volatility in revenue and profitability over recent years. The company showed a substantial increase in revenue from 2023 to 2024, but historical trends indicate inconsistency, with periods of negative revenue. Gross profit margins remain relatively stable, but the company struggles with negative EBIT and net income, indicating operational inefficiencies and challenges in translating revenue into profit.

Balance Sheet

The balance sheet reflects a relatively strong equity position, with a low debt-to-equity ratio, indicating conservative leverage. However, declining total assets and stockholders' equity over the past few years suggest potential challenges in asset management and financial stability. The company maintains a solid equity ratio, underscoring a reliance on equity financing over debt.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating potential liquidity challenges. Although the free cash flow improved from 2023 to 2024, overall cash flow trends highlight difficulties in generating cash from operations, which could impact future financial flexibility and growth capabilities.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
7.52M	1.93M	-6.84M	16.12M	17.46M
	Gross Profit
7.00M	686.28K	-8.01M	15.82M	17.46M
	EBIT
-7.00M	-9.00M	-16.23M	4.08M	11.95M
	EBITDA
-5.55M	-17.27M	-24.19M	3.13M	11.97M
	Net Income Common Stockholders
-6.19M	-16.62M	-6.85M	11.04M	10.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
38.82M	42.46M	49.37M	49.73M	22.29M
	Total Assets
44.93M	49.25M	63.27M	73.13M	23.73M
	Total Debt
1.76M	2.14M	139.51K	226.74K	281.58K
	Net Debt
-2.36M	-3.09M	-25.21M	-6.33M	-4.19M
	Total Liabilities
7.11M	5.59M	5.18M	12.11M	5.34M
	Stockholders Equity
37.83M	43.66M	58.10M	61.02M	18.29M
Cash Flow		Free Cash Flow
-3.25M	-17.67M	18.65M	-10.74M	462.11K
	Operating Cash Flow
-3.15M	-17.24M	18.66M	-9.44M	486.65K
	Investing Cash Flow
-96.02K	-2.94M	206.11K	-8.39M	-700.34K
	Financing Cash Flow
-198.38K	56.30K	-74.22K	19.91M	-81.35K

GoldSpot Discoveries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPOT, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.19, and above the 200-day MA of 0.18, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 60.56 is Neutral, neither overbought nor oversold. The STOCH value of 86.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPOT.

GoldSpot Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%
SPOT	61 Neutral	C$35.83M	―	-18.22%	―	92.58%	56.07%
KNR	58 Neutral	C$104.58M	13.71	124.21%	―	-52.43%	941.71%
ALYA	53 Neutral	$185.70M	―	0.57%	―	-7.52%	88.69%
PVT	51 Neutral	C$31.14M	―	-18.24%	―	-10.76%	-19.28%
VIS	49 Neutral	C$6.46M	―	-482.34%	―	-6.76%	54.64%
FARM	40 Underperform	C$8.31M	―		―	-15.73%	-45.92%

GoldSpot Discoveries Corporate Events

EarthLabs Inc. Reports Strong Q1 2025 Financial Performance

EarthLabs Inc. reported its financial results for the first quarter of 2025, showcasing a 12.5% year-over-year increase in advertising revenue and a 2.4% rise in subscription revenue. Despite a decrease in net investment gains compared to the previous year, the company maintained a strong liquidity position with $39.4 million in cash, investments, and equity holdings. This financial stability allows EarthLabs to pursue growth opportunities and invest in core product offerings, positioning the company to enhance long-term shareholder value.

EarthLabs Reports Strong Revenue Growth Amidst Challenges in Fiscal 2024

EarthLabs Inc. reported a significant increase in advertising and subscription revenues for the fiscal year 2024, with advertising revenue rising by 176.9% and subscription revenue by 41.3%. Despite these gains, the company faced challenges with a net loss of $6.19 million for the year. EarthLabs is implementing cost-cutting measures and strategic investments to strengthen its portfolio and capitalize on opportunities in the mining sector, aiming to enhance shareholder value.