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BlockchainK2
(BITK)
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Rating:44Neutral
Price Target:
C$0.05
▲(76.67% Upside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by very weak financial performance (persistent losses, ongoing cash burn, and negative equity), including a highly concerning negative TTM revenue figure. Technical indicators provide some support via positive momentum, but valuation remains unattractive/unclear due to negative earnings and no indicated dividend.
Positive Factors
EPS improvement
Reported EPS growth is a relative improvement and may indicate that per-share performance has moved in a better direction recently. However, this remains a limited positive because the company continues to report operating and net losses, so it does not yet demonstrate sustainable profitability.
Negative Factors
Persistent losses
Persistent operating and net losses across every reported period show that the business has not established a durable profit engine. Continued losses can consume capital, restrict reinvestment, and increase dependence on external funding, making financial improvement harder to sustain over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
EPS improvement
Reported EPS growth is a relative improvement and may indicate that per-share performance has moved in a better direction recently. However, this remains a limited positive because the company continues to report operating and net losses, so it does not yet demonstrate sustainable profitability.
Read all positive factors
BlockchainK2 (BITK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.08M
Dividend YieldN/A
Average Volume (3M)18.30K
Price to Earnings (P/E)―
Beta (1Y)0.47
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. Volume13,823
30 Day Avg. Volume18,300
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
Positive
0.03
Price Trends
0.04
Positive
0.04
Positive
0.06
Negative
Market Momentum
<0.01
Negative
78.40
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BITK, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 78.40 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$107.99M | -8.03 | -13.93% | ― | -13.15% | 24.49% | |
44 Neutral | C$2.08M | -1.18 | 71.71% | ― | -103.62% | 34.73% | |
44 Neutral | C$1.21M | -1.39 | -43.65% | ― | ― | 1.75% | |
43 Neutral | C$2.33M | -0.66 | -171.68% | ― | -70.40% | 42.19% |
* Technology Sector Average
TSE:BITK
BlockchainK2
0.05
-0.06
-54.55%
TSE:CSTR
CryptoStar Corp
0.01
-0.01
-50.00%
TSE:BKMT
BlockMint Technologies
0.03
-0.03
-50.00%
TSE:DMGI
DMG Blockchain Solutions
0.51
0.02
3.03%
BlockchainK2 Corporate Events
Business Operations and StrategyExecutive/Board Changes
BlockchainK2 Names Michael Forstl CEO to Drive Institutional Digital-Asset Strategy
Positive
Sep 28, 2026
BlockchainK2 Corp. has appointed Michael Forstl as its new Chief Executive Officer, effective October 1, 2026, pending TSX Venture Exchange acceptance, with outgoing CEO Sergei Stetsenko transitioning to the role of Executive Chairman and remainin...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
BlockchainK2 Plans New Private Placement to Raise up to $130,000
Neutral
Sep 22, 2026
BlockchainK2 Corp. has announced a new private placement financing, proposing to issue up to 1,857,143 common shares at a price of $0.07 per share to raise as much as $130,000, while cancelling a previously planned placement from February 2026. Th...
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.