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DigiCrypts Blockchain Solutions

CNSX:DIGI
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DIGI
CNSX
CA$2M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

DigiCrypts Blockchain Solutions Inc., doing business as DigiMaxGlobal Solutions Inc., focuses on crypto coin and block chain industries worldwide. The last earnings update was 54 days ago. More info.


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  • DigiCrypts Blockchain Solutions has significant price volatility in the past 3 months.
DIGI Share Price and Events
7 Day Returns
0%
CNSX:DIGI
-2.8%
CA Software
0.2%
CA Market
1 Year Returns
-
CNSX:DIGI
16.3%
CA Software
4.6%
CA Market
DIGI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DigiCrypts Blockchain Solutions (DIGI) 0% 33.3% 60% - - -
CA Software -2.8% -0.1% 6.4% 16.3% 83.2% 120.8%
CA Market 0.2% 0.5% 4% 4.6% 7.2% 14.2%
1 Year Return vs Industry and Market
  • No trading data on DIGI.
  • No trading data on DIGI.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is DigiCrypts Blockchain Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether DigiCrypts Blockchain Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as DigiCrypts Blockchain Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for DigiCrypts Blockchain Solutions. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DigiCrypts Blockchain Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DigiCrypts Blockchain Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:DIGI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CAD CA$-0.02
CNSX:DIGI Share Price ** CNSX (2020-02-18) in CAD CA$0.04
Canada Software Industry PE Ratio Median Figure of 16 Publicly-Listed Software Companies 24.41x
Canada Market PE Ratio Median Figure of 510 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DigiCrypts Blockchain Solutions.

CNSX:DIGI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:DIGI Share Price ÷ EPS (both in CAD)

= 0.04 ÷ -0.02

-1.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DigiCrypts Blockchain Solutions is loss making, we can't compare its value to the CA Software industry average.
  • DigiCrypts Blockchain Solutions is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does DigiCrypts Blockchain Solutions's expected growth come at a high price?
Raw Data
CNSX:DIGI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Software Industry PEG Ratio Median Figure of 6 Publicly-Listed Software Companies 3.69x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 1.13x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DigiCrypts Blockchain Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DigiCrypts Blockchain Solutions's assets?
Raw Data
CNSX:DIGI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CAD CA$0.00
CNSX:DIGI Share Price * CNSX (2020-02-18) in CAD CA$0.04
Canada Software Industry PB Ratio Median Figure of 83 Publicly-Listed Software Companies 3.11x
Canada Market PB Ratio Median Figure of 2,342 Publicly-Listed Companies 1.4x
CNSX:DIGI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:DIGI Share Price ÷ Book Value per Share (both in CAD)

= 0.04 ÷ 0.00

-9.76x

* Primary Listing of DigiCrypts Blockchain Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DigiCrypts Blockchain Solutions has negative assets, we can't compare the value of its assets to the CA Software industry average.

Next steps:

  1. Take a look at our analysis of DIGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through DigiCrypts Blockchain Solutions's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Software industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess DigiCrypts Blockchain Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. DigiCrypts Blockchain Solutions has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is DigiCrypts Blockchain Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DigiCrypts Blockchain Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DigiCrypts Blockchain Solutions expected to grow at an attractive rate?
  • Unable to compare DigiCrypts Blockchain Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DigiCrypts Blockchain Solutions's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare DigiCrypts Blockchain Solutions's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:DIGI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 10.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:DIGI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:DIGI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-10-31 0 -1 -1
2019-07-31 0 -1 -1
2019-04-30 -1 -1
2019-01-31 -1 -2
2018-10-31 0 -1 -1
2018-07-31 -1 -1
2018-04-30 0 -1
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DigiCrypts Blockchain Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if DigiCrypts Blockchain Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:DIGI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from DigiCrypts Blockchain Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DIGI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-10-31 -0.02
2019-07-31 -0.02
2019-04-30 -0.02
2019-01-31 -0.03
2018-10-31 -0.06
2018-07-31 -0.06
2018-04-30 -0.08
2018-01-31 -0.01
2017-10-31 0.00
2017-07-31 -0.01
2017-04-30 -0.01
2017-01-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if DigiCrypts Blockchain Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of DIGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. DigiCrypts Blockchain Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. DigiCrypts Blockchain Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess DigiCrypts Blockchain Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DigiCrypts Blockchain Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has DigiCrypts Blockchain Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DigiCrypts Blockchain Solutions's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DigiCrypts Blockchain Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare DigiCrypts Blockchain Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DigiCrypts Blockchain Solutions's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
DigiCrypts Blockchain Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DigiCrypts Blockchain Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DIGI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 0.04 -1.26 0.91
2019-07-31 0.03 -1.12 1.04
2019-04-30 -1.16 0.98
2019-01-31 -1.71 0.98
2018-10-31 0.00 -1.50 0.54
2018-07-31 -1.29 0.35
2018-04-30 -1.16 0.47
2018-01-31 -0.05 0.01
2017-10-31 -0.05 0.01
2017-07-31 -0.04 0.01
2017-04-30 -0.04 0.01
2017-01-31 -0.04 0.01
2016-10-31 -0.04 0.01
2016-07-31 -0.04 0.01
2016-04-30 -0.04 0.02
2016-01-31 -0.04 0.02
2015-10-31 -0.03 0.01
2015-07-31 -0.03 0.01
2015-04-30 -0.03 0.01
2015-01-31 -0.03 0.01
2014-10-31 -0.04 0.02
2014-07-31 -0.04 0.02
2014-04-30 -0.04 0.02
2014-01-31 -0.04 0.02
2013-10-31 -0.03 0.02
2013-07-31 -0.04 0.02
2013-04-30 -0.05 0.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if DigiCrypts Blockchain Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if DigiCrypts Blockchain Solutions has efficiently used its assets last year compared to the CA Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if DigiCrypts Blockchain Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess DigiCrypts Blockchain Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DigiCrypts Blockchain Solutions has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is DigiCrypts Blockchain Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DigiCrypts Blockchain Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DigiCrypts Blockchain Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DigiCrypts Blockchain Solutions's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of DigiCrypts Blockchain Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • DigiCrypts Blockchain Solutions has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DigiCrypts Blockchain Solutions Company Filings, last reported 3 months ago.

CNSX:DIGI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 -0.25 0.84 0.39
2019-07-31 -0.55 0.80 0.09
2019-04-30 -0.45 0.77 0.23
2019-01-31 -0.11 0.38 0.15
2018-10-31 0.51 0.42 0.35
2018-07-31 0.72 0.00 0.20
2018-04-30 1.03 0.00 0.61
2018-01-31 -0.37 0.37 0.00
2017-10-31 -0.36 0.36
2017-07-31 -0.35 0.34
2017-04-30 -0.33 0.33
2017-01-31 -0.32 0.32
2016-10-31 -0.31 0.31
2016-07-31 -0.30 0.30
2016-04-30 -0.29 0.28
2016-01-31 -0.28 0.28
2015-10-31 -0.27 0.27
2015-07-31 -0.26 0.26
2015-04-30 -0.25 0.25
2015-01-31 -0.24 0.24
2014-10-31 -0.23 0.23
2014-07-31 -0.23 0.22
2014-04-30 -0.22 0.21
2014-01-31 -0.21 0.20
2013-10-31 -0.20 0.19
2013-07-31 -0.19 0.19
2013-04-30 -0.18 0.17
  • DigiCrypts Blockchain Solutions has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if DigiCrypts Blockchain Solutions's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • DigiCrypts Blockchain Solutions has less than a year of cash runway based on current free cash flow.
  • DigiCrypts Blockchain Solutions has less than a year of cash runway if free cash flow continues to grow at historical rates of 56.5% each year.
X
Financial health checks
We assess DigiCrypts Blockchain Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DigiCrypts Blockchain Solutions has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is DigiCrypts Blockchain Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from DigiCrypts Blockchain Solutions dividends.
If you bought CA$2,000 of DigiCrypts Blockchain Solutions shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate DigiCrypts Blockchain Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DigiCrypts Blockchain Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:DIGI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as DigiCrypts Blockchain Solutions has not reported any payouts.
  • Unable to verify if DigiCrypts Blockchain Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DigiCrypts Blockchain Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DigiCrypts Blockchain Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess DigiCrypts Blockchain Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DigiCrypts Blockchain Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DigiCrypts Blockchain Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of DigiCrypts Blockchain Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris Carl
COMPENSATION CA$135,500
AGE 56
TENURE AS CEO 1.9 years
CEO Bio

Mr. Christopher D. Carl, also known as Chris, serves as the President of DigiCrypts Blockchain Solutions Inc. and has been its Chief Executive Officer since March 29, 2018. Mr. Carl has been Director of DigiCrypts Blockchain Solutions Inc. since December 12, 2019. Mr. Carl founded Bio-Extraction Ltd. in 2003 and has been its President and Chief Executive Officer since January 2003 respectively. Mr. Carl served as the Chief Executive Officer and President of BioExx Specialty Proteins Ltd. (alternate name: Bio-Extraction Inc) from March 2006 to August 2011 and served as its Chairman until August 2011. Mr. Carl has experience in project finance, plant construction and mill management focused on commercializing new technologies and transforming start-up ventures into successful publicly listed companies. This includes and 11 years (from 1991 to 2002) developing and operating The CanFibre Group Ltd. He served as the Chief Executive Officer and President of The CanFibre Group Ltd. Prior to this, he also spent several years (1986 to 1991) with a Canadian subsidiary of Tenneco Inc. where he was responsible for finance and administration matters both domestically and internationally and was directly involved in Greenfield, which was the construction of a new processing plant on a previously vacant piece of land and plant operations. Mr. Carl has been an Executive Director of Bio-Extraction Inc. since March 16, 2006. He has been a Director of Key Venture Capital Inc., since September 15, 2010, Kafus Industries Ltd since October 1997 and of Bio-Extraction Ltd. since January 2003. He also serves as Director of Signet Industries Ltd. He served as a Director of Luxell Technologies Inc. from June 4, 2007 to August 21, 2008. Mr. Carl also served as Director of Kingsmill Capital Ventures Inc. from October 2005 to August 21, 2008. Mr. Carl holds an Honours Bachelor of Commerce degree from Queen's University.

CEO Compensation
  • Insufficient data for Chris to compare compensation growth.
  • Chris's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the DigiCrypts Blockchain Solutions management team in years:

1.2
Average Tenure
53
Average Age
  • The average tenure for the DigiCrypts Blockchain Solutions management team is less than 2 years, this suggests a new team.
Management Team

Chris Carl

TITLE
President
COMPENSATION
CA$136K
AGE
56
TENURE
1.9 yrs

Kyle Appleby

TITLE
Chief Financial Officer
COMPENSATION
CA$14K
AGE
44
TENURE
1.2 yrs

Dennis O'Neill

TITLE
Chief Investment Officer
AGE
53
TENURE
0.9 yrs

Sergey Shilnov

TITLE
Chief Product Officer & CTO

Stan Milcarek

TITLE
Vice President of Global Marketing
Board of Directors Tenure

Average tenure and age of the DigiCrypts Blockchain Solutions board of directors in years:

0.2
Average Tenure
56
Average Age
  • The average tenure for the DigiCrypts Blockchain Solutions board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ted Murphy

TITLE
Chairman
TENURE
0.2 yrs

Chris Carl

TITLE
President
COMPENSATION
CA$136K
AGE
56
TENURE
0.2 yrs

Lowell Kamin

TITLE
Director
TENURE
0.3 yrs

Nikolay Vassev

TITLE
Director
AGE
25
TENURE
0.2 yrs

Doug Anderson

TITLE
Director
AGE
57
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess DigiCrypts Blockchain Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DigiCrypts Blockchain Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

DigiCrypts Blockchain Solutions Inc., doing business as DigiMaxGlobal Solutions Inc., focuses on crypto coin and block chain industries worldwide. The company was formerly known as TJR Coatings Inc. and changed its name to DigiCrypts Blockchain Solutions Inc. in May 2018. DigiCrypts Blockchain Solutions Inc. is based in Toronto, Canada. DigiCrypts Blockchain Solutions Inc. operates as a subsidiary of 2618249 Ontario Corp.

Details
Name: DigiCrypts Blockchain Solutions Inc.
DIGI
Exchange: CNSX
Founded:
CA$2,423,636
60,590,909
Website: http://www.digicrypts.com
Address: DigiCrypts Blockchain Solutions Inc.
33 Bloor Street East,
Suite 500,
Toronto,
Ontario, M4W 3H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX DIGI New Common Shares Canadian National Stock Exchange CA CAD 18. Mar 2019
Number of employees
Current staff
Staff numbers
0
DigiCrypts Blockchain Solutions employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/22 03:23
End of day share price update: 2020/02/18 00:00
Last earnings filing: 2019/12/30
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.