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DMG Blockchain Solutions Inc (TSE:DMGI)
:DMGI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: 5.66%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Neutral
DMG Blockchain Solutions demonstrated significant growth in revenue and asset value, alongside progress in AI and digital asset custody. However, challenges such as rising operational costs, net losses, and uncertainties in energy costs and tariffs present notable hurdles.Company Guidance
During the DMG Blockchain Solutions Q1 2025 Update Conference Call, the company provided several forward-looking metrics and guidance. They highlighted a realized hash rate of 1.62 exahash in the December quarter, which is a 65% sequential increase, and an improvement in fleet efficiency to 22.9 Joules per terahash. The company mined 97 bitcoins, a 49% sequential increase, and aims to increase their hash rate to 2.1 exahash with a target fleet efficiency of 21 Joules per terahash. They are pursuing customer acquisition for their Systemic Trust and Terra Pool platforms, with plans to onboard the first customers by the June quarter and anticipate a significant revenue ramp-up by the end of 2025. DMG also reported a 97% increase in revenue to 11.6 million USD from the previous quarter, driven by a 106% increase in self-mining revenue. Their cash plus Bitcoin balance rose to 58.2 million USD, reflecting a 62% sequential increase. Looking forward, DMG plans to expand its AI infrastructure and envisions a shift towards AI as a major driver of their strategy, highlighting a memorandum of understanding with the Malahat Nation to build up to 30 megawatts of generative AI capacity.Core+ Strategy Progress
DMG Blockchain Solutions has completed the regulatory approvals to become a qualified Digital Asset Custodian business, being one of only three in Canada. They aim for significant customer onboarding by the June quarter.
AI and Infrastructure Developments
Signed a memorandum with an undisclosed counterparty to acquire 10 megawatts of prefabricated data center RPDC, aiming to build a 30 megawatt generative AI capacity with Malahat Nation.
Bitcoin Mining Advancement
Realized hash rate of 1.62 exahash, up 65% sequentially, and mined 97 Bitcoin, up 49% sequentially.
Financial Metrics
Cash plus bitcoin balance increased by 62% sequentially to $58.2 million, with a total asset base increase of 32% to $137.1 million.
Revenue Growth
Revenue increased 97% to $11.6 million in the December quarter, driven by a 49% increase in Bitcoin mined and a 38% rise in realized Bitcoin price.
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TSE:DMGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:DMGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | C$0.27 | C$0.27 | +1.89% |
| Mar 03, 2025 | C$0.27 | C$0.27 | +1.89% |
| Dec 19, 2024 | C$0.41 | C$0.38 | -8.54% |
| Aug 27, 2024 | C$0.51 | C$0.50 | -1.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does DMG Blockchain Solutions Inc (TSE:DMGI) report earnings?
DMG Blockchain Solutions Inc (TSE:DMGI) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is DMG Blockchain Solutions Inc (TSE:DMGI) earnings time?
DMG Blockchain Solutions Inc (TSE:DMGI) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:DMGI EPS forecast?
TSE:DMGI EPS forecast for the fiscal quarter 2025 (Q2) is -0.02.
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