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Cypher Metaverse Inc
(CODE.X)
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Rating:35Underperform
Price Target:―
Action:N/A
Date:01/30/25
Cypher Metaverse Inc faces significant financial challenges with declining revenue and persistent losses, severely impacting its financial performance score. Technical analysis indicates some positive momentum, but the valuation is unattractive due to negative earnings. The overall score reflects these significant financial challenges and mixed technical indicators.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk, providing the company with flexibility to invest in growth opportunities without the burden of interest payments.
Negative Factors
Persistent Losses
Ongoing losses indicate structural challenges in achieving profitability, which can undermine the company's ability to sustain operations and invest in growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk, providing the company with flexibility to invest in growth opportunities without the burden of interest payments.
Read all positive factors
Cypher Metaverse Inc (CODE.X) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.53M
Dividend YieldN/A
Average Volume (3M)176.00
Price to Earnings (P/E)―
Beta (1Y)8.43
Revenue GrowthN/A
EPS Growth80.40%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryCapital Markets
Share Statistics
EPS (TTM)-0.29
Shares Outstanding4,945,898
10 Day Avg. Volume275
30 Day Avg. Volume176
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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
Cypher Metaverse Inc Business Overview & Revenue Model
Company Description
Codebase Ventures Inc conducts financial services business. The company focuses on investments in the technology sector surrounding blockchain and crypto-technologies. Its portfolio includes Arcology, Pressland, and ICO Ranker....
How the Company Makes Money
Cypher Metaverse Inc makes money through various revenue streams primarily centered around its virtual reality and augmented reality offerings. The company generates income by developing and licensing VR and AR software and applications to busines...
Cypher Metaverse Inc Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.89K | -2.09K | -800.78K | -1.04M | -1.35M | 315.16K |
| Gross Profit | 27.89K | -2.09K | -853.15K | -1.51M | -1.35M | 315.16K |
| EBITDA | -904.75K | -1.56M | -2.98M | -10.09M | -4.03M | -2.50M |
| Net Income | -896.78K | -1.56M | -3.25M | -13.29M | -4.03M | -4.96M |
Balance Sheet | ||||||
| Total Assets | 1.01M | 1.01M | 2.16M | 4.37M | 3.12M | 2.22M |
| Cash, Cash Equivalents and Short-Term Investments | 6.22K | 44.22K | 1.86M | 3.10M | 894.55K | 79.28K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 333.17K | 149.01K | 91.34K | 162.12K | 158.46K | 210.06K |
| Stockholders Equity | 675.17K | 860.03K | 2.07M | 4.20M | 2.96M | 2.01M |
Cash Flow | ||||||
| Free Cash Flow | -500.03K | -1.59M | -2.43M | -4.92M | -1.88M | -2.55M |
| Operating Cash Flow | -500.03K | -1.59M | -2.27M | -4.28M | -1.88M | -2.55M |
| Investing Cash Flow | -207.38K | -577.26K | -70.58K | -838.70K | -459.95K | -1.21M |
| Financing Cash Flow | 418.44K | 355.06K | 1.09M | 7.33M | 3.15M | 2.85M |
Cypher Metaverse Inc Technical Analysis
Negative
0.36
Price Trends
0.36
Positive
0.36
Positive
0.37
Negative
Market Momentum
>-0.01
Negative
26.01
Positive
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CODE.X, the sentiment is Negative. The current price of 0.36 is below the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.36, and below the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 26.01 is Positive, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CODE.X.
Cypher Metaverse Inc Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
53 Neutral | C$88.97M | -9.27 | -9.23% | ― | 7.99% | 55.86% | |
50 Neutral | C$1.09B | -4.29 | -26.12% | ― | 156.35% | -46.66% | |
50 Neutral | C$23.13M | -19.70 | -8.57% | ― | -15.87% | 96.43% | |
41 Neutral | C$1.21M | -3.88 | -13.26% | ― | ― | 1.75% | |
41 Neutral | C$919.99K | -0.41 | -2162.16% | ― | -596.15% | -59.46% | |
35 Underperform | C$1.53M | -0.82 | -191.24% | ― | ― | 80.40% |
* Financial Sector Average
TSE:CODE.X
Cypher Metaverse Inc
0.37
-0.04
-10.98%
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Cypher Metaverse Inc Corporate Events
Executive/Board ChangesPrivate Placements and Financing
Cypher Metaverse Inc. Completes $939K Financing and Appoints New CFO
Neutral
Jan 24, 2025
Cypher Metaverse Inc. has successfully closed its previously announced LIFE Financing and Common Share Financing, raising $939,705.99 through the sale of 1,978,330 common shares at $0.475 per share. The funds will be used for working capital and g...
Cypher Metaverse Initiates $939K Private Placement for Expansion
Jan 7, 2025
Cypher Metaverse Inc. has announced a private placement of up to $939,707.70 through the issuance of 1,978,332 common shares at $0.475 per share. The funds raised will be used for working capital and general corporate purposes, with securities not...
Cypher Metaverse Inc. Announces $939,707.70 Private Placement
Jan 7, 2025
Cypher Metaverse Inc. has announced a non-brokered private placement financing of up to 1,978,332 common shares at a price of $0.475 per share, aiming to raise approximately $939,707.70. The proceeds will be used for working capital and corporate ...
Cypher Metaverse Inc. Enhances Digital Innovation Strategy
Dec 30, 2024
Cypher Metaverse Inc. has appointed Jake Chernoff as a technology consultant to spearhead the development of its metaverse holdings. With extensive experience in cryptocurrency and blockchain, Chernoff will lead initiatives like the upcoming launc...
Cypher Metaverse Expands with Virtual Lounge Plans
Dec 19, 2024
Cypher Metaverse Inc. is expanding its presence in the Metaverse by developing virtual lounge experiences, set to launch early next year. The company aims to enhance social interactions in virtual settings through advanced technology and explore n...
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.