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Neptune Digital Assets
(NDA)
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Rating:46Neutral
Price Target:
C$0.56
▼(-15.30% Downside)
Action:Reiterated
Date:08/28/26
The score is held down primarily by weak financial performance (declining revenue, operating losses, and sustained negative operating/free cash flow) and an unfavorable negative P/E with no dividend support. Offsetting this, technical indicators show improving short-term momentum, but the longer-term trend remains below key moving averages.
Positive Factors
Digital-asset and staking business model
Neptune combines digital-asset treasury exposure with on-chain participation rewards, giving it more than one mechanism for generating returns. If its asset allocation and network participation remain effective, this model can support recurring blockchain-related activity alongside potential gains on holdings.
Negative Factors
Persistent revenue contraction
Multi-year revenue deterioration, including another TTM decline, points to weak underlying business momentum rather than a single reporting-period setback. Continued contraction can reduce operating leverage, limit reinvestment capacity, and make it harder to establish dependable earnings from the company’s activities.
Read all positive and negative factors
Positive Factors
Negative Factors
Digital-asset and staking business model
Neptune combines digital-asset treasury exposure with on-chain participation rewards, giving it more than one mechanism for generating returns. If its asset allocation and network participation remain effective, this model can support recurring blockchain-related activity alongside potential gains on holdings.
Read all positive factors
Neptune Digital Assets (NDA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$80.82M
Dividend YieldN/A
Average Volume (3M)122.38K
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue Growth-37.84%
EPS GrowthN/A
CountryCA
Employees3
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding128,281,100
10 Day Avg. Volume86,397
30 Day Avg. Volume122,376
Financial Highlights & Ratios
PEG Ratio-4.27
Price to Book (P/B)1.86
Price to Sales (P/S)74.90
P/FCF Ratio-51.07
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
Neptune Digital Assets Business Overview & Revenue Model
Company Description
Headquartered in Vancouver, Canada, Neptune Digital Assets Corp. specializes in the development, ownership, and operation of digital currency infrastructure assets within Canada. The company actively participates in staking and lending a diverse r...
How the Company Makes Money
Neptune Digital Assets generally makes money through (1) appreciation and realized gains on its holdings of cryptocurrencies and other digital assets, and (2) on-chain yield activities such as staking or similar participation-based rewards where i...
Neptune Digital Assets Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Feb 2023 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.15M | 1.78M | 2.41M | 2.90M | 4.19M | 358.70K |
| Gross Profit | 539.00K | 781.27K | 796.91K | 594.14K | -1.91M | 180.94K |
| EBITDA | 1.59M | 1.41M | -1.60M | -1.55M | -3.49M | -6.83M |
| Net Income | 173.34K | 367.57K | 2.43M | -5.13M | -21.07M | -593.09K |
Balance Sheet | ||||||
| Total Assets | 76.61M | 87.17M | 50.69M | 32.94M | 36.04M | 54.68M |
| Cash, Cash Equivalents and Short-Term Investments | 24.40M | 10.42M | 11.31M | 14.60M | 8.71M | 3.48M |
| Total Debt | 14.32M | 9.62M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 17.59M | 15.52M | 805.90K | 654.48K | 890.79K | 769.08K |
| Stockholders Equity | 59.02M | 71.65M | 49.88M | 32.28M | 35.15M | 53.91M |
Cash Flow | ||||||
| Free Cash Flow | -4.18M | -2.61M | -3.53M | -3.73M | -5.71M | -2.48M |
| Operating Cash Flow | -3.48M | -2.61M | -3.06M | -3.39M | -460.90K | -1.06M |
| Investing Cash Flow | -3.55M | -9.61M | 3.93M | 1.47M | 5.06M | -37.44M |
| Financing Cash Flow | 6.42M | 9.14M | -200.13K | 81.25K | 0.00 | 38.54M |
Neptune Digital Assets Technical Analysis
Neutral
0.66
Price Trends
0.59
Positive
0.75
Negative
0.81
Negative
Market Momentum
<0.01
Positive
51.23
Neutral
25.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NDA, the sentiment is Neutral. The current price of 0.66 is above the 20-day moving average (MA) of 0.64, above the 50-day MA of 0.59, and below the 200-day MA of 0.81, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.23 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NDA.
Neptune Digital Assets Peers Comparison
UnderperformOutperform
Sector (55)
TSE:NDA
Neptune Digital Assets
0.57
-0.62
-52.10%
TSE:HUT
Hut 8
121.17
73.02
151.65%
TSE:DMGI
DMG Blockchain Solutions
0.52
0.18
52.94%
Neptune Digital Assets Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Neptune Digital Assets Takes Strategic Stake in Travis Kalanick’s AI Robotics Venture Atoms
Positive
Aug 27, 2026
Neptune Digital Assets has made a US$500,000 strategic investment in Atoms, an artificial intelligence and robotics venture led by Uber co‑founder and former CEO Travis Kalanick. Atoms is building intelligent machines and automation systems ...
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.