Neptune Digital Assets Corp. operates in the financial services sector, focusing on building and managing digital currency infrastructure in Canada. Key strengths include a solid gross margin of 39.9% and a low debt-to-equity ratio of 0.25, indicating financial stability. However, the negative EBITDA margin of -524.1% raises concerns about operational efficiency. Additionally, the high net margin of 878.2% appears unusual and may warrant further investigation into revenue sustainability. Overall, while the company shows potential, its financial health reflects both strengths and significant challenges.
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Company has $175K in cash but burned $914K last quarter. At this burn rate, only 0.2 quarters of runway remain without additional financing.
Revenue fell 34.7% year-over-year from $2.1M to $1.4M. The decline has persisted for multiple quarters.
Company posted a loss of $-3.4M over the last year, representing 247.3% of revenue.
Debt of $13.2M is 75.3x the company's cash position of $175K.
Operating cash flow has been negative for 3 consecutive quarters, burning $3.7M over the last year.
No significant opportunities identified
Based on current financial metrics
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Based on 2026-Q2 (February 28, 2026)