TrustBix, Inc. (TSE:TBIX)
:TBIX
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TrustBix
(TBIX)
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Rating:40Underperform
Price Target:
C$0.01
▼(-30.00% Downside)
Action:DowngradedDate:03/02/26
The score is driven primarily by weak financial performance, including steep TTM revenue contraction, heavy operating losses, negative equity, and continued negative operating/free cash flow. Technical signals also lean bearish with price below key moving averages and a negative MACD, while valuation is constrained by a loss-making profile (negative P/E) and no dividend support.
Positive Factors
Gross margin improvement
Sustained ~40% gross margin indicates healthier unit economics versus prior years. Durable gross profitability gives the company room to invest in product, sales, or R&D while pursuing scale; if revenue stabilizes, these margins can support a path to operating leverage and eventual profitability.
Negative Factors
Steep revenue contraction
A 27% TTM revenue decline erodes scale and undermines the ability to convert decent gross margins into operating profit. Persistent top-line contraction impedes investment in sales and product, magnifies fixed-cost absorption issues, and increases reliance on external financing absent a durable turnaround in customer traction.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin improvement
Sustained ~40% gross margin indicates healthier unit economics versus prior years. Durable gross profitability gives the company room to invest in product, sales, or R&D while pursuing scale; if revenue stabilizes, these margins can support a path to operating leverage and eventual profitability.
Read all positive factors
TrustBix (TBIX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.98M
Dividend YieldN/A
Average Volume (3M)29.31K
Price to Earnings (P/E)10.9
Beta (1Y)-0.57
Revenue Growth-20.73%
EPS Growth62.11%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding131,700,120
10 Day Avg. Volume33,501
30 Day Avg. Volume29,314
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)-1.34
Price to Sales (P/S)2.77
P/FCF Ratio-19.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 a...
How the Company Makes Money
null...
TrustBix Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
24
Negative
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.33M | 1.58M | 2.13M | 1.68M | 2.17M |
| Gross Profit | 507.51K | 646.58K | 157.33K | 1.39M | 1.79M |
| EBITDA | -851.99K | -532.11K | -2.34M | -3.56M | -2.02M |
| Net Income | -1.06M | -710.76K | -3.07M | -4.07M | -2.24M |
Balance Sheet | |||||
| Total Assets | 591.54K | 921.59K | 605.68K | 2.08M | 1.24M |
| Cash, Cash Equivalents and Short-Term Investments | 116.19K | 72.24K | 144.78K | 126.88K | 450.17K |
| Total Debt | 787.54K | 779.89K | 713.11K | 1.02M | 661.71K |
| Total Liabilities | 3.35M | 3.21M | 2.56M | 2.07M | 1.45M |
| Stockholders Equity | -2.76M | -2.29M | -1.95M | 13.40K | -211.91K |
Cash Flow | |||||
| Free Cash Flow | -192.79K | -105.53K | -580.24K | -2.58M | -2.16M |
| Operating Cash Flow | -192.78K | -103.40K | -579.16K | -2.58M | -2.14M |
| Investing Cash Flow | 0.00 | -1.12K | -1.08K | 177.69K | -14.35K |
| Financing Cash Flow | 236.74K | 92.76K | 598.14K | 2.07M | 1.89M |
TrustBix Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
45.26
Neutral
>-0.01
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 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 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.26 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | C$111.87M | -16.83 | -100.85% | ― | -12.14% | 4.41% | |
49 Neutral | C$60.90M | -18.90 | -393.78% | ― | -35.91% | 20.44% | |
45 Neutral | C$61.56M | -27.27 | -139.78% | ― | -34.80% | -28.42% | |
44 Neutral | C$2.81M | -1.02 | ― | ― | -21.48% | 4.59% | |
40 Underperform | C$1.98M | 10.87 | ― | ― | -20.73% | 62.11% | |
| ― | C$8.85M | -0.56 | 1281.62% | ― | ― | ― |
* Technology Sector Average
TSE:TBIX
TrustBix
0.02
-0.03
-62.50%
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4.08
0.00
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TSE:XTRA
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0.45
0.05
12.50%
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0.04
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-57.89%
TSE:VSBY
Vsblty Groupe Technologies
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TSE:MHUB
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0.60
0.09
17.65%
TrustBix Corporate Events
Business Operations and StrategyM&A Transactions
TrustBIX Moves to Acquire Cybersecurity and IT Firms to Bolster Agri-Tech Services
Positive
Feb 24, 2026
TrustBIX Inc. has signed two non-binding letters of intent to acquire 100% of Zen Cyber Ltd., a cybersecurity consulting firm, and 100% of xFacilitator Inc., operating as WILDCARD MSP, an IT managed service provider for small businesses. The propo...
Business Operations and StrategyM&A Transactions
TrustBIX Moves to Acquire Output Provider Solutions to Bolster Agri-Tech Platform
Positive
Feb 10, 2026
TrustBIX Inc. has signed a non-binding letter of intent to acquire 100% of Output Provider Solutions Inc., an Edmonton-based technology services firm that designs and supports connected communications, omnichannel customer experience and business ...
Business Operations and StrategyFinancial Disclosures
TrustBIX Narrows Costs but Swings to Deeper Loss as It Exits Legacy Products
Negative
Jan 29, 2026
TrustBIX Inc. reported a net loss of $1.06 million for the year ended September 30, 2025, a 49.2% increase from the prior year, as it redirected resources toward expanding its Alberta Food Security business. While operating expenses were reduced b...
Business Operations and StrategyRegulatory Filings and Compliance
TrustBIX Updates TSXV Review of Auction Master Pro Support Transfer
Neutral
Jan 24, 2026
TrustBIX Inc. has provided an update on the previously announced assignment and transfer of its Auction Master Pro support contracts, held through subsidiary ViewTrak Technologies, to Cristel Baber DBA I.T. Group. The company confirmed that the tr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.