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TrustBix, Inc. (TSE:TBIX)
:TBIX
Canadian Market

TrustBix (TBIX) AI Stock Analysis

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TrustBix

(TBIX)

Rating:51Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
The overall stock score reflects significant financial challenges, partially offset by positive corporate events. Technical indicators are mixed, and valuation metrics are weak, but recent improvements in operational efficiency and strategic initiatives provide some optimism.

TrustBix (TBIX) vs. iShares MSCI Canada ETF (EWC)

TrustBix Business Overview & Revenue Model

Company DescriptionTrustBIX Inc., together with its subsidiary, ViewTrak Technologies Inc. offers information solutions for agri-food industry in Canada, the United States, and internationally. The company engages in the sale, installation, and support of software and computer systems for auction markets and livestock dealers; software for livestock feedlots; Business InfoXchange; and data capture and carcass grading systems for pork plants. It also offers internet-based applications that provide animal tracking and management. TrustBIX Inc. is based in Edmonton, Canada.
How the Company Makes MoneyTrustBix makes money through a combination of subscription-based services, transaction fees, and licensing of its BIX platform. The company charges agribusinesses, retailers, and other stakeholders in the food supply chain for access to its data insights, traceability solutions, and verification services. Additionally, TrustBix may derive revenue from strategic partnerships with industry players who leverage its technology to enhance their own supply chain operations. These partnerships can include collaborations with government bodies, food producers, and technology providers, contributing to the company's revenue streams and expanding its market reach.

TrustBix Financial Statement Overview

Summary
TrustBix, Inc. is facing significant financial challenges across all verticals. The declining revenue and consistent net losses reflect operational difficulties, while the balance sheet shows a precarious financial position with negative equity and high leverage. Cash flow remains under pressure, with continuous negative operational cash flow. Overall, the company needs to address its structural and financial challenges to stabilize its financial performance.
Income Statement
15
Very Negative
TrustBix, Inc. has experienced declining revenues over recent periods, with a TTM revenue of $1,645,252 compared to $2,128,401 from the previous year. The company has consistently faced negative net income, resulting in a negative net profit margin. Gross profit margin is declining, indicating increasing cost pressures. The company's EBIT and EBITDA margins are negative, reflecting operational challenges.
Balance Sheet
10
Very Negative
The balance sheet shows negative stockholders' equity, indicating financial instability and potential risk. The debt-to-equity ratio cannot be computed due to negative equity, but the high level of total debt ($794,889) compared to total assets suggests significant leverage. The equity ratio is negative, further emphasizing weak financial health.
Cash Flow
25
Negative
Operating cash flow remains negative, though there is a slight improvement in free cash flow. The company's cash flow ratios are unfavorable, with negative free cash flow to net income and operating cash flow to net income ratios, indicating ongoing difficulties in generating cash from operations relative to losses.
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
1.65M1.58M2.13M1.68M2.17M1.63M
Gross Profit
729.43K646.58K157.33K1.39M1.79M1.38M
EBIT
-149.46K0.00-2.29M-3.96M-2.06M-2.33M
EBITDA
-433.41K-532.11K-2.34M-3.56M-2.02M-2.18M
Net Income Common Stockholders
-636.04K-710.76K-3.07M-4.07M-2.24M-2.34M
Balance SheetCash, Cash Equivalents and Short-Term Investments
79.95K72.24K144.78K126.88K450.17K713.96K
Total Assets
912.55K921.59K605.68K2.08M1.24M1.48M
Total Debt
794.89K779.89K713.11K1.02M661.71K601.72K
Net Debt
714.94K707.65K568.33K893.04K211.55K-112.24K
Total Liabilities
3.30M3.21M2.56M2.07M1.45M1.44M
Stockholders Equity
-2.38M-2.29M-1.95M13.40K-211.91K46.80K
Cash FlowFree Cash Flow
-74.88K-105.53K-580.24K-2.58M-2.16M-2.44M
Operating Cash Flow
-72.74K-103.40K-579.16K-2.58M-2.14M-2.41M
Investing Cash Flow
-2.13K-1.12K-1.08K177.69K-14.35K-347.01K
Financing Cash Flow
137.42K92.76K598.14K2.07M1.89M1.85M

TrustBix Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.04
Positive
100DMA
0.03
Positive
200DMA
0.02
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
58.64
Neutral
STOCH
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TBIX, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 58.64 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TBIX.

TrustBix Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSCTZ
79
Outperform
C$37.88M16.0427.72%16.47%44.10%
62
Neutral
$11.81B10.34-7.44%2.91%7.41%-7.93%
57
Neutral
C$41.57M-244.21%51.52%50.73%
TSONE
54
Neutral
C$36.72M-55.42%-13.98%42.62%
51
Neutral
C$4.05M
-1.90%81.86%
48
Neutral
C$9.90M-52.95%3.65%-25.74%
TSVQS
45
Neutral
C$9.94M-417.39%6.80%62.78%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TBIX
TrustBix
0.04
0.02
100.00%
TSE:CTZ
NamSys
1.41
0.54
62.07%
TSE:ONE
01 Communique Laboratory Inc.
0.36
0.32
800.00%
TSE:RIWI
RIWI Corp
0.55
-0.06
-9.84%
TSE:VQS
VIQ Solutions
0.19
-0.08
-29.63%
TSE:MHUB
Minehub Technologies
0.48
0.22
84.62%

TrustBix Corporate Events

Business Operations and StrategyFinancial Disclosures
TrustBIX Reports Improved Financial Performance and Operational Efficiency in Q2 2025
Positive
May 30, 2025

TrustBIX Inc. reported its financial results for the second quarter ending March 31, 2025, highlighting significant improvements in operational efficiency and cost management. The company reduced its net loss by 74.4% compared to the previous year and saw a positive shift in cash flow from operations. Despite a slight decrease in quarterly revenue, TrustBIX’s six-month revenue increased by 9.3%, driven by steady performance from its ViewTrak team and new orders for its indoor farming technology. The company is addressing manufacturing delays and anticipates starting deliveries in June 2025, indicating a positive outlook for future operations.

Private Placements and FinancingBusiness Operations and Strategy
TrustBIX Inc. Announces Stock Option Grant to Enhance Team Incentives
Positive
Apr 16, 2025

TrustBIX Inc. has announced the approval of a stock option grant for its directors, officers, employees, and consultants, allowing them to purchase up to 4,120,000 common shares at an exercise price of $0.05 per share. This move is part of TrustBIX’s strategy to incentivize its team and aligns with its commitment to sustainable agricultural practices, potentially enhancing its market position and stakeholder engagement.

Business Operations and Strategy
TrustBIX Inc. Subsidiary Partners with University Hospital Foundation for Philanthropic Initiative
Positive
Apr 9, 2025

TrustBIX Inc.’s subsidiary, Alberta Food Security Inc. (AFS), has partnered with the University Hospital Foundation through a cause marketing agreement, committing to donate $1,000 from each indoor farm grow module sold to support the Foundation’s Igniters program. This initiative not only enhances AFS’s market positioning by aligning with healthcare advancements but also offers customers a chance to contribute to local food security and healthcare innovation, potentially strengthening community ties and stakeholder engagement.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.