Want to see TSE:BITK full AI Analyst Report?
Top Page
BlockchainK2
(BITK)
Select Model
Select Model
Rating:39Underperform
Price Target:
C$0.03
▼(-6.67% Downside)
Action:Downgraded
Date:09/06/26
The score is driven primarily by very weak financial performance (recurring losses, ongoing cash burn, and negative equity, alongside a sharp revenue deterioration to negative TTM revenue). Technicals add further pressure due to a clearly bearish long-term trend, while valuation is constrained by unprofitability and no dividend support.
Positive Factors
Improved cash burn
The improvement in cash burn versus 2024 provides a modest sign that the company may be reducing the pace of funding consumption. If sustained, this could extend liquidity and create more time for operational recovery, although ongoing negative free cash flow limits the strength of this positive.
Negative Factors
Negative shareholders' equity
Negative shareholders' equity indicates that cumulative losses have overwhelmed the company’s capital base, weakening balance-sheet resilience. This raises solvency and potential dilution risk, while the combination with a shrinking asset base and elevated leverage risk can restrict financing and strategic choices.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash burn
The improvement in cash burn versus 2024 provides a modest sign that the company may be reducing the pace of funding consumption. If sustained, this could extend liquidity and create more time for operational recovery, although ongoing negative free cash flow limits the strength of this positive.
Read all positive factors
BlockchainK2 (BITK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.13M
Dividend YieldN/A
Average Volume (3M)24.43K
Price to Earnings (P/E)―
Beta (1Y)1.03
Revenue Growth-103.62%
EPS Growth34.73%
CountryCA
Employees6
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)-0.03
Shares Outstanding37,753,204
10 Day Avg. Volume25,643
30 Day Avg. Volume24,433
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-1.54
Price to Sales (P/S)19.13
P/FCF Ratio-9.03
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
BlockchainK2 Business Overview & Revenue Model
Company Description
BlockchainK2 Corp. focuses its investments on developing and deploying blockchain technology solutions across various industries, particularly within capital markets. Its portfolio includes RealBlocks, a digital platform designed for real estate i...
BlockchainK2 Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Sep 2023 | Dec 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -10.70K | 142.66K | 284.61K | 31.90K | 73.18K | 114.85K |
| Gross Profit | -128.32K | -143.31K | 250.65K | 19.24K | 33.51K | 37.49K |
| EBITDA | -495.21K | -949.26K | -2.72M | -274.79K | -1.11M | -2.20M |
| Net Income | -1.02M | -1.02M | -2.73M | -316.14K | -1.08M | -2.21M |
Balance Sheet | ||||||
| Total Assets | 237.36K | 346.90K | 496.11K | 1.16M | 1.35M | 1.87M |
| Cash, Cash Equivalents and Short-Term Investments | 21.36K | 248.51K | 125.86K | 37.71K | 44.66K | 573.81K |
| Total Debt | 251.42K | 684.21K | 99.28K | 480.23K | 504.07K | 85.59K |
| Total Liabilities | 1.70M | 2.24M | 1.28M | 863.97K | 968.85K | 362.25K |
| Stockholders Equity | -1.35M | -1.77M | -733.34K | 341.25K | 412.84K | 1.46M |
Cash Flow | ||||||
| Free Cash Flow | -238.92K | -302.39K | -858.20K | -170.89K | -1.00M | -748.36K |
| Operating Cash Flow | -238.91K | -302.39K | -858.20K | -170.89K | -1.00M | -748.36K |
| Investing Cash Flow | -137.32K | 2.52K | -223.44K | 0.00 | 53.73K | -186.01K |
| Financing Cash Flow | 380.00K | 443.88K | 1.16M | 164.64K | 419.21K | 103.52K |
BlockchainK2 Technical Analysis
Negative
0.03
Price Trends
0.04
Negative
0.05
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
45.74
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BITK, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BITK.
BlockchainK2 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% | |
52 Neutral | C$118.37M | -8.98 | -13.93% | ― | -13.15% | 24.49% | |
46 Neutral | C$1.45M | -4.71 | -13.26% | ― | ― | 1.75% | |
46 Neutral | C$2.95M | -0.52 | 100.55% | ― | ― | ― | |
43 Neutral | C$2.33M | -0.68 | -171.68% | ― | -70.40% | 42.19% | |
39 Underperform | C$1.13M | -1.01 | 71.71% | ― | -103.62% | 34.73% |
* Technology Sector Average
TSE:BITK
BlockchainK2
0.03
-0.05
-62.50%
TSE:CSTR
CryptoStar Corp
0.01
0.00
0.00%
TSE:BKMT
BlockMint Technologies
0.03
-0.03
-50.00%
TSE:DMGI
DMG Blockchain Solutions
0.57
0.31
119.23%
TSE:SPIR
SPIRIT Blockchain Capital, Inc.
0.02
-0.01
-40.00%
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.