Immutable Holdings Inc (HOLD) AI Stock Analysis

Immutable Holdings Inc

(NEO-L:HOLD)

Select Model

Rating:41Neutral

Price Target:CAD 0.14▼(-4.67% Downside)

Action:reiterated

Date:09/06/26

Overall score of 41 is driven primarily by very weak financial performance, including no revenue, recurring losses, and ongoing cash burn, with only modest support from neutral technicals and an unattractive valuation profile. With no usable earnings-call insights or corporate events to offset these risks, the stock currently screens as high risk.

Positive Factors

No Reported DebtThe absence of reported debt limits mandatory interest and principal payments, reducing near-term financing risk. This gives the company more flexibility than a highly leveraged peer to preserve cash, restructure operations, or pursue future funding without existing lenders competing for resources.

Negative Factors

Revenue Has Fallen to Near ZeroNear-zero revenue means the business is not currently demonstrating a dependable commercial engine or meaningful customer monetization. Without a sustained revenue base, fixed costs and investment cannot be absorbed through operations, making recovery dependent on a significant and unproven reversal in business activity.

Immutable Holdings Inc (HOLD) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 4.90M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -1.0
Beta (1Y): ―
Revenue Growth: ―
EPS Growth: -24.38%
Country: Canada
Employees: 1
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

Immutable Holdings Inc Business Overview & Revenue Model

Company Description

Immutable Holdings Inc. operates as a blockchain technology holding company. The company develops, owns, and operates NFT.com platform, a one-stop shop for non-fungible tokens; HBAR.com, a community portal to the Hedera Hashgraph network and its nati...

Immutable Holdings Inc Financial Statement Overview

Summary

Score of 40 reflects no revenue, recurring operating and net losses, and persistent negative cash flows, partly offset by a debt-free balance sheet and positive but shrinking equity.

Income Statement

15Very Negative

Balance Sheet

42Neutral

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Mar 2025	Dec 2023	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	29.07K	229.52K
Gross Profit	0	0	0	0	29.07K	103.28K
EBITDA	-4.20M	-4.08M	-97.34K	-5.66M	-5.14M	-6.90M
Net Income	-4.91M	-3.08M	-1.90M	-6.06M	-5.20M	-7.00M
Balance Sheet
Total Assets	7.26M	11.09M	27.74M	14.51M	20.92M	23.41M
Cash, Cash Equivalents and Short-Term Investments	7.03M	10.78M	8.30M	12.93M	19.50M	22.31M
Total Debt	0	0	0	0	0	0
Total Liabilities	777.93K	185.77K	1.47M	918.19K	2.23M	2.91M
Stockholders Equity	6.48M	10.90M	26.27M	13.59M	18.69M	20.50M
Cash Flow
Free Cash Flow	-3.56M	-4.81M	-3.63M	-8.07M	-4.17M	-1.36M
Operating Cash Flow	-3.49M	-4.33M	-3.63M	-8.07M	-4.03M	-1.02M
Investing Cash Flow	-480.65K	-480.65K	0	0	-134.19K	-273.40K
Financing Cash Flow	0	0	0	0	65.16K	23.61M

Immutable Holdings Inc Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:HOLD against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:DMGI	54Neutral	CAD 80.99M	-6.14	-13.93%	―	-13.15%	24.49%
TSE:BTC	48Neutral	CAD 8.19M	-2.63	-170.33%	―	-293.45%	68.53%
TSE:NDA	46Neutral	CAD 61.57M	-369.23	0.28%	―	-37.84%	―
TSE:HOLD	41Neutral	CAD 11.63M	-1.00	-42.20%	―	―	-24.38%
TSE:BTCW	29Underperform	CAD 11.71M	133.33	-27.81%	―	6.48%	―

* General Sector Average

Performance Comparison

TSE:HOLD and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:HOLD	Immutable Holdings Inc	0.15	0.00	0.00%
TSE:BTC	Bluesky Digital Assets Corp.	0.11	0.03	37.50%
TSE:NDA	Neptune Digital Assets Corp.	0.48	-0.35	-42.17%
TSE:DMGI	DMG Blockchain Solutions	0.39	-0.09	-18.75%
TSE:BTCW	Bitcoin Well Inc	0.04	-0.08	-66.67%

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.

Date of analysis: Sep 06, 2026

Immutable Holdings Inc AI Stock Analysis