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): -0.15
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• 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.

Positive Factors

Innovative Business Model

TrustBix's focus on supply chain transparency and traceability in the agricultural sector leverages blockchain technology, positioning it well in a growing market for food safety and integrity solutions.

Strategic Partnerships

Collaborations with industry partners enhance TrustBix's market reach and credibility, potentially leading to increased adoption of its solutions and stable revenue streams.

Revenue Model

The subscription-based revenue model provides predictable income, while licensing fees and project-based income offer growth opportunities through customized solutions.

Negative Factors

Declining Revenue

A significant decline in revenue indicates challenges in maintaining market share and customer retention, which could impact long-term financial stability.

Negative Equity

Negative equity suggests that liabilities exceed assets, posing a risk to financial health and limiting the company's ability to invest in growth opportunities.

High Leverage

High leverage can strain cash flow and reduce financial flexibility, making it difficult for TrustBix to navigate economic downturns or invest in strategic initiatives.

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: Negative
• 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 equal to 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 16.67 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	79 Outperform	C$37.44M	15.27	27.13%	―	18.05%	22.83%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
VQS	45 Neutral	C$15.26M	-0.94	-9999.00%	―	-0.83%	-8.33%
RIWI	44 Neutral	C$6.63M	―	―	―	―	―
MHUB	42 Neutral	C$85.26M	-13.78	-584.49%	―	-35.91%	20.44%
ONE	41 Neutral	C$74.70M	-78.16	-144.12%	―	-10.57%	-117.50%
TBIX	41 Neutral	C$3.08M	-2.46	―	―	-20.73%	62.11%

TrustBix Corporate Events

TrustBIX Secures Approval for Indoor Farm Management System Acquisition

TrustBIX Inc. has received final approval from the TSX Venture Exchange for its acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate Ltd. This acquisition enhances TrustBIX’s capabilities with a comprehensive ERP-grade solution tailored for indoor farming, integrating IoT device management, AI-driven plant recognition, and other advanced features. The transaction involved issuing 6,000,000 units to the vendor, which includes common shares and purchase warrants, indicating a strategic move to strengthen TrustBIX’s position in the agricultural technology sector.

TrustBIX Updates on Key Transactions to Strengthen Market Position

TrustBIX Inc. has announced updates on two significant transactions: the acquisition of an Indoor Farm Management System asset from Mindsgate Ltd. and the transfer of Auction Master Pro support contracts to Cristel Baber DBA I.T. Group. The company has received conditional acceptance from the TSX Venture Exchange for the Indoor Farm Management System transaction and is working towards fulfilling the remaining conditions for final approval, with an anticipated closure by the end of November 2025. The Auction Master Pro transaction is still awaiting conditional acceptance. These developments are part of TrustBIX’s strategic efforts to enhance its market position and operational capabilities in the agricultural technology sector.

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.