SPIRIT Blockchain Capital, Inc. (SPIR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 221.64K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.02
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 157,448,030
• 10 Day Avg. Volume: 183,291
• 30 Day Avg. Volume: 221,643
• PEG Ratio: >-0.01
• Price to Book (P/B): -24.79
• Price to Sales (P/S): -920.72
• P/FCF Ratio: -15.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 40 Underperform
• Price Target: C$0.00 ▼(-100.00% Downside)

SPIRIT Blockchain Capital, Inc. has a low overall stock score due to significant financial challenges, including negative revenue and high leverage. The bearish technical indicators and lack of valuation metrics further contribute to the low score.

SPIRIT Blockchain Capital, Inc. Business Overview & Revenue Model

Company Description

SPIRIT Blockchain Capital, Inc. (SPIR) is a forward-thinking investment firm specializing in blockchain technology and digital assets. The company focuses on sectors such as decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain infrastructure. SPIR offers a range of services, including investment management, advisory services, and strategic partnerships to help clients navigate the rapidly evolving landscape of blockchain and cryptocurrency.

How the Company Makes Money

SPIRIT Blockchain Capital generates revenue through multiple channels. Its primary revenue streams include management fees from investment funds that focus on blockchain technologies and digital assets, performance fees based on the returns generated for investors, and advisory fees for consulting services provided to businesses seeking to integrate blockchain solutions. Additionally, SPIR may earn income from strategic partnerships with technology companies and startups in the blockchain space, facilitating joint ventures or co-investments that align with its investment strategy.

SPIRIT Blockchain Capital, Inc. Financial Statement Overview

Summary

Spirit Blockchain Capital, Inc. is facing severe financial difficulties, marked by negative revenue and substantial losses, negative equity, and unsustainable cash flows. These issues indicate significant risks to its financial health and long-term viability.

Income Statement

SPIRIT Blockchain Capital, Inc. has consistently reported negative revenue and substantial losses over the past years. The company is struggling with negative gross profit and net income margins, indicating issues with revenue generation and cost management. The declining EBIT and EBITDA margins further highlight ongoing operational challenges.

Balance Sheet

The balance sheet reveals significant concerns with negative stockholders' equity, indicating that liabilities exceed assets. The company also has a high debt burden relative to its equity, which may increase financial risk. The lack of positive equity suggests potential solvency issues.

Cash Flow

Cash flow analysis shows consistently negative operating and free cash flows, reflecting difficulties in generating cash from operations. Although there are inflows from financing activities, they are not sufficient to cover operational outflows, pointing to an unsustainable cash flow situation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	-33.58K	112.30K	-890.74K	-52.95K
Gross Profit	-222.25K	-33.58K	112.30K	-482.78K	-52.95K
EBITDA	-12.34M	-10.86M	-1.94M	-3.39M	-10.28M
Net Income	-12.58M	-11.19M	-1.97M	-3.39M	-10.19M
Balance Sheet
Total Assets	1.02M	1.37M	1.14M	738.92K	4.04M
Cash, Cash Equivalents and Short-Term Investments	132.86K	929.19K	375.49K	295.48K	1.32M
Total Debt	127.20K	1.25M	1.21M	0.00	0.00
Total Liabilities	1.17M	2.61M	2.14M	646.69K	278.60K
Stockholders Equity	-151.49K	-1.25M	-1.00M	92.23K	3.76M
Cash Flow
Free Cash Flow	-3.62M	-1.95M	-1.06M	-1.54M	-2.58M
Operating Cash Flow	-3.60M	-1.92M	-1.06M	-1.24M	-675.75K
Investing Cash Flow	444.71K	611.52K	809.35K	816.78K	-2.13M
Financing Cash Flow	3.23M	1.88M	343.08K	0.00	3.41M

SPIRIT Blockchain Capital, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPIR, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.28 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SPIR.

SPIRIT Blockchain Capital, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BIGG	46 Neutral	$40.26M	―	-102.00%	―	34.56%	-161.07%
CSTR	43 Neutral	C$6.35M	―	-88.13%	―	-84.15%	-5.79%
SPIR	40 Underperform	―	―	196.32%	―	―	―
BTC	39 Underperform	C$5.92M	―	-345.56%	―	-7.93%	15.88%

SPIRIT Blockchain Capital, Inc. Corporate Events

Spirit Blockchain Capital Completes Development of SpiritLinQ Platform

Spirit Blockchain Capital Inc. has completed the development of its digital wealth management platform, SpiritLinQ, which is set to launch commercially in Q4 2025. This platform positions Spirit as a leader in the tokenization market, offering a secure and compliant gateway for institutional investors amidst a rapidly growing global market. The strategic timing aligns with increasing institutional adoption and evolving regulatory frameworks, providing Spirit with a competitive advantage in the tokenized asset market.

Spirit Blockchain Capital Strengthens Board with Don Stewart Appointment

Spirit Blockchain Capital Inc. has appointed Don Stewart, CFA, to its Board of Directors as an Independent Board Member, enhancing the company’s governance and strategic execution. Mr. Stewart’s extensive experience in capital markets, regulatory compliance, and financial innovation is expected to strengthen Spirit’s commitment to transparency and investor trust, supporting its long-term vision of building a compliant, investor-focused digital asset institution.

Spirit Blockchain Capital Issues Shares for Services, Strengthening Financial Strategy

Spirit Blockchain Capital Inc. announced the issuance of 4,435,417 common shares as compensation for services provided by directors, officers, and consultants, settling a total of $350,875 owed. This move, part of the Shares for Services Transactions, involves a related party transaction under MI 61-101, exempt from minority approval and formal valuation requirements. The issuance is subject to a hold period and compliance with securities laws, highlighting the company’s strategic approach to managing financial obligations and strengthening its position in the blockchain investment sector.

Spirit Blockchain Capital Announces Shares-for-Services Transaction

Spirit Blockchain Capital announced a shares-for-services transaction to settle $50,000 owed to an independent consultant by issuing 810,417 common shares. The transaction is subject to approval by the Canadian Securities Exchange and compliance with applicable securities laws, and it reflects the company’s strategic approach to managing its financial obligations while maintaining focus on growth and innovation in the blockchain sector.

Spirit Blockchain Capital Announces Q1 2025 Achievements and Strategic Advancements

Spirit Blockchain Capital Inc. reported its Q1 2025 operational and financial highlights, showcasing significant progress in various areas. The company completed a CAD $2.11 million financing offering to strengthen its balance sheet, launched new Ethereum and Solana yield products on major European exchanges, and upgraded its U.S. market presence. Additionally, Spirit converted a tranche of convertible debentures into equity and appointed a new CFO, enhancing its financial controls and strategic partnerships. These developments reflect Spirit’s commitment to advancing its institutional-grade blockchain solutions and increasing shareholder value.