BLOCKCHAINK2 CORP (BITK.CA) Stock Fundamental Analysis

Canada • TSX Venture Exchange • TSX-V:BITK • CA09369M1077

0.085 CAD
0 (0%)
Last: Jan 29, 2026, 07:00 PM
Fundamental Rating

1

We assign a fundamental rating of 1 out of 10 to BITK. BITK was compared to 68 industry peers in the Software industry. BITK may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, BITK is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year BITK has reported negative net income.
  • In the past year BITK has reported a negative cash flow from operations.
  • In the past 5 years BITK always reported negative net income.
  • BITK had a negative operating cash flow in each of the past 5 years.
BITK.CA Yearly Net Income VS EBIT VS OCF VS FCFBITK.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -500K -1M -1.5M -2M -2.5M

1.2 Ratios

  • BITK has a worse Return On Assets (-649.72%) than 91.18% of its industry peers.
Industry RankSector Rank
ROA -649.72%
ROE N/A
ROIC N/A
ROA(3y)-219.43%
ROA(5y)-157.18%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BITK.CA Yearly ROA, ROE, ROICBITK.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 -400

1.3 Margins

  • The Gross Margin of BITK (88.89%) is better than 92.65% of its industry peers.
  • BITK's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for BITK so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 88.89%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y39.23%
GM growth 5YN/A
BITK.CA Yearly Profit, Operating, Gross MarginsBITK.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500 -1K -1.5K -2K

0

2. Health

2.1 Basic Checks

  • The number of shares outstanding for BITK has been increased compared to 1 year ago.
  • BITK has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BITK has been reduced compared to a year ago.
BITK.CA Yearly Shares OutstandingBITK.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
BITK.CA Yearly Total Debt VS Total AssetsBITK.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M

2.2 Solvency

  • BITK has an Altman-Z score of -437.03. This is a bad value and indicates that BITK is not financially healthy and even has some risk of bankruptcy.
  • BITK has a Altman-Z score of -437.03. This is amonst the worse of the industry: BITK underperforms 91.18% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -437.03
ROIC/WACCN/A
WACCN/A
BITK.CA Yearly LT Debt VS Equity VS FCFBITK.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1M -1M 2M 3M

2.3 Liquidity

  • BITK has a Current Ratio of 0.10. This is a bad value and indicates that BITK is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BITK's Current ratio of 0.10 is on the low side compared to the rest of the industry. BITK is outperformed by 89.71% of its industry peers.
  • BITK has a Quick Ratio of 0.10. This is a bad value and indicates that BITK is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BITK's Quick ratio of 0.10 is on the low side compared to the rest of the industry. BITK is outperformed by 89.71% of its industry peers.
Industry RankSector Rank
Current Ratio 0.1
Quick Ratio 0.1
BITK.CA Yearly Current Assets VS Current LiabilitesBITK.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M

4

3. Growth

3.1 Past

  • BITK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.95%, which is quite impressive.
  • BITK shows a strong growth in Revenue. In the last year, the Revenue has grown by 105.71%.
  • Measured over the past years, BITK shows a very strong growth in Revenue. The Revenue has been growing by 35.30% on average per year.
EPS 1Y (TTM)49.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%58.18%
Revenue 1Y (TTM)105.71%
Revenue growth 3Y35.3%
Revenue growth 5YN/A
Sales Q2Q%-100%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
BITK.CA Yearly Revenue VS EstimatesBITK.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 50K 100K 150K 200K 250K

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4. Valuation

4.1 Price/Earnings Ratio

  • BITK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BITK.CA Price Earnings VS Forward Price EarningsBITK.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BITK.CA Per share dataBITK.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -0.01 -0.02 -0.03 -0.04

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • BITK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

BLOCKCHAINK2 CORP / BITK.CA FAQ

What is the fundamental rating for BITK stock?

ChartMill assigns a fundamental rating of 1 / 10 to BITK.CA.


Can you provide the valuation status for BLOCKCHAINK2 CORP?

ChartMill assigns a valuation rating of 0 / 10 to BLOCKCHAINK2 CORP (BITK.CA). This can be considered as Overvalued.


How profitable is BLOCKCHAINK2 CORP (BITK.CA) stock?

BLOCKCHAINK2 CORP (BITK.CA) has a profitability rating of 1 / 10.