TrustBix (TBIX) AI Stock Analysis

• Market Cap: C$3.08M
• Dividend Yield: N/A
• Average Volume (3M): 29.31K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.55
• Revenue Growth: -20.73%
• EPS Growth: 62.11%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 123,209,330
• 10 Day Avg. Volume: 33,501
• 30 Day Avg. Volume: 29,314
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

TrustBix, Inc. is currently facing significant financial and operational challenges, as reflected in its financial performance score. The technical analysis indicates a bearish trend, and the valuation metrics are unattractive due to ongoing losses and lack of dividend yield. These factors collectively contribute to a low overall stock score, highlighting the need for the company to address its financial instability and improve operational efficiency.

TrustBix Business Overview & Revenue Model

Company Description

TrustBIX 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 Money

TrustBix generates revenue primarily through subscription-based services and licensing fees for its software solutions. The company offers tiered subscription plans that provide access to its platform for various stakeholders in the supply chain, including producers, processors, and retailers. Additionally, TrustBix collaborates with industry partners to create customized traceability solutions, which can lead to significant project-based income. Key partnerships with agricultural organizations and food safety regulators further bolster its earnings by expanding its market reach and enhancing the credibility of its offerings.

TrustBix Financial Statement Overview

Summary

TrustBix, Inc. is facing significant financial challenges. The company has declining revenues, consistent net losses, negative equity, and high leverage. Cash flow remains under pressure with continuous negative operational cash flow, indicating severe financial instability.

Income Statement

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.41M	1.58M	2.13M	1.68M	2.17M	1.63M
Gross Profit	617.47K	646.58K	157.33K	1.39M	1.79M	1.38M
EBITDA	-523.13K	-532.11K	-2.34M	-3.56M	-2.02M	-2.18M
Net Income	-732.68K	-710.76K	-3.07M	-4.07M	-2.24M	-2.34M
Balance Sheet
Total Assets	842.57K	921.59K	605.68K	2.08M	1.24M	1.48M
Cash, Cash Equivalents and Short-Term Investments	76.29K	72.24K	144.78K	126.88K	450.17K	713.96K
Total Debt	783.40K	779.89K	713.11K	1.02M	661.71K	601.72K
Total Liabilities	3.46M	3.21M	2.56M	2.07M	1.45M	1.44M
Stockholders Equity	-2.61M	-2.29M	-1.95M	13.40K	-211.91K	46.80K
Cash Flow
Free Cash Flow	-73.34K	-105.53K	-580.24K	-2.58M	-2.16M	-2.44M
Operating Cash Flow	-73.34K	-103.40K	-579.16K	-2.58M	-2.14M	-2.41M
Investing Cash Flow	0.00	-1.12K	-1.08K	177.69K	-14.35K	-347.01K
Financing Cash Flow	10.80K	92.76K	598.14K	2.07M	1.89M	1.85M

TrustBix Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TBIX, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.00 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TBIX.

TrustBix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTZ	―	C$32.57M	13.38	27.13%	―	18.05%	22.83%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MHUB	―	C$88.87M	-12.71	-892.25%	―	-40.52%	10.04%
ONE	―	C$97.20M	-109.20	-144.12%	―	-10.57%	-117.50%
RIWI	―	C$10.44M	―	―	―	―	―
VQS	―	C$10.53M	-0.96	-644.92%	―	2.20%	37.96%
TBIX	―	C$3.08M	-4.10	―	―	-20.73%	62.11%

TrustBix Corporate Events

TrustBIX Inc. Announces Strategic Shift Towards Unified Agricultural Technology Platform

TrustBIX Inc. is undergoing a strategic transformation by developing a new livestock auction market software solution to be integrated with their recently acquired Indoor Farm Management System, forming a unified platform called TrustBIX Gate to Plate®. This shift is part of a broader realignment to move away from their existing Auction Master Pro business, focusing instead on technology development and licensing through strategic partners. This transition is expected to enhance resource allocation, drive innovation, and generate SaaS revenue, while ensuring continuity of service for existing customers through a new agreement with IT Group.

TrustBIX Expands Indoor Farming Solutions with New Acquisition

TrustBIX Inc. has entered into an agreement to acquire an Indoor Farm Management System (IFMS) asset from Mindsgate Ltd., which is expected to enhance TrustBIX’s capabilities in providing comprehensive indoor farming technology solutions. The IFMS offers a fully integrated platform with modules for various farming operations, including IoT device management and AI-driven plant recognition. Additionally, the company announced changes in its board and management, with the resignation of Adam Morand from his roles as a board member and Chief Technology Officer.

TrustBIX Reports Q3 2025 Financial Results Amid Strategic Focus on Food Security

TrustBIX Inc. reported its third-quarter financial results for 2025, highlighting a net loss increase compared to the previous year, but also improvements in cash flow from operating activities. The company is focusing on managing operating costs while advancing its Alberta Food Security business, which is securing new orders for indoor farming technology despite manufacturing delays. Initial deliveries for 2024 orders began in June 2025, with the first installation expected by September 2025.

TrustBIX Extends Private Placement to Bolster Operations

TrustBIX Inc. has announced an extension to its non-brokered private placement, allowing the company until September 2, 2025, to complete the sale of up to 10,000,000 units at $0.04 per unit, potentially raising $400,000. The proceeds are intended for general working capital, including inventory acquisition, which could enhance the company’s operational capabilities and market positioning.

TrustBIX Inc. Announces Key Leadership Changes

TrustBIX Inc. has announced significant changes to its Board of Directors, appointing Nathaniel M. Mison as the new Chair of the Board and Andrew Kao as the Chair of the Audit Committee. These leadership changes are expected to bolster TrustBIX’s mission to address food security and sustainable agriculture, with Mison bringing extensive experience in strategic advocacy and Kao offering deep expertise in finance and blockchain solutions. The company acknowledges the contributions of the outgoing Chair, Edward Power, who remains a director, and anticipates these appointments will strengthen its industry positioning and support its sustainable agriculture initiatives.