TrustBix (TBIX) AI Stock Analysis

• Market Cap: C$4.05M
• Dividend Yield: N/A
• Average Volume (3M): 22.56K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: -1.90%
• EPS Growth: 81.86%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 91
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 115,700,130
• 10 Day Avg. Volume: 26,958
• 30 Day Avg. Volume: 22,559
• PEG Ratio: -0.32
• Price to Book (P/B): -1.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -57.50
• 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: 48 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

TrustBix, Inc. faces considerable financial challenges that heavily impact its overall score. While technical analysis shows some neutrality and corporate events provide a positive outlook, the company's poor financial health and valuation concerns are the most significant factors dragging the score down.

TrustBix Business Overview & Revenue Model

Company Description

TrustBix Inc. (TBIX) is a technology company that operates primarily in the agri-food sector, focusing on providing innovative solutions for supply chain traceability and sustainability. The company's core product, the BIX (Business InfoXchange) platform, offers data-driven insights and verification systems that allow stakeholders across the food supply chain, from producers to retailers, to ensure transparency and sustainability of their products. TrustBix aims to enhance consumer trust by enabling businesses to meet regulatory requirements and market demands for sustainable and ethically sourced food products.

How the Company Makes Money

TrustBix 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 with declining revenues, consistent net losses, negative equity, and high leverage. The cash flow remains under pressure with continuous negative operational cash flow.

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

TrustBix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 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: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 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$42.94M	17.86	26.51%	―	16.47%	44.10%
ONE	53 Neutral	C$48.09M	―	-113.15%	―	-10.58%	-16.33%
Sector *	50 Neutral	C$3.12B	5.24	-48.85%	9.09%	2.15%	-10.29%
TBIX	48 Neutral	C$4.05M	―		―	-1.90%	81.86%
RIWI	48 Neutral	C$9.54M	―	-52.95%	―	3.65%	-25.74%
VQS	45 Neutral	C$10.83M	―	-417.39%	―	6.80%	62.78%
MHUB	41 Neutral	C$30.86M	―	-525.13%	―	-34.26%	19.92%

TrustBix Corporate Events

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.

TrustBIX Inc. Concludes Successful Annual General Meeting

TrustBIX Inc. announced the successful completion of its Annual General Meeting, where shareholders approved all proposed matters, including the election of five directors and the re-appointment of the company’s auditors. This meeting underscores TrustBIX’s commitment to transparency and stakeholder engagement, reinforcing its position in the agri-tech industry.

TrustBIX Inc. Announces $400,000 Private Placement to Bolster Operations

TrustBIX Inc. announced a non-brokered private placement of up to 10 million units at $0.04 per unit, potentially raising $400,000, pending regulatory approvals. The funds will be used for general working capital, including inventory acquisition to support ongoing operations, with securities subject to a four-month hold period.

TrustBIX Inc. Announces $400,000 Private Placement to Bolster Operations

TrustBIX Inc. has announced a non-brokered private placement of up to 10,000,000 units at $0.04 per unit, aiming to raise $400,000, pending necessary approvals. The funds will be used for general working capital, including inventory acquisition, supporting the company’s ongoing operations and potentially enhancing its market position.

TrustBIX Reports Improved Financial Performance and Operational Efficiency in Q2 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.