DMG Blockchain Solutions Inc.
DMG Blockchain Solutions Inc. (6AX.F) Financial Performance & Income Statement Overview
Analyze DMG Blockchain Solutions Inc. (6AX.F) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
DMG Blockchain Solutions Inc. (6AX.F) Income Statement & Financial Overview
Analyze DMG Blockchain Solutions Inc.’s 6AX.F earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $11.63M | $5.90M | $8.29M | $10.02M |
| Cost of Revenue | $749542.00 | $276765.00 | $9.71M | $9.08M |
| Gross Profit | $10.88M | $5.62M | -$1.42M | $938820.00 |
| Gross Profit Ratio | $0.94 | $0.95 | -$0.17 | $0.09 |
| R&D Expenses | $553964.00 | $597962.00 | $603919.00 | $486216.00 |
| SG&A Expenses | $1.54M | $1.90M | $1.69M | $1.17M |
| Operating Expenses | $13.34M | $12.88M | $2.29M | $2.81M |
| Total Costs & Expenses | $14.09M | $13.16M | $11.75M | $11.89M |
| Interest Income | $164302.00 | $124268.00 | $174417.00 | $170044.00 |
| Interest Expense | $465788.00 | $298549.00 | $271627.00 | $163230.00 |
| Depreciation & Amortization | $4.35M | $5.76M | $5.04M | $3.81M |
| EBITDA | $1.71M | -$2.31M | $1.47M | $4.11M |
| EBITDA Ratio | $0.15 | -$0.39 | $0.18 | $0.41 |
| Operating Income | -$2.46M | -$7.26M | -$3.46M | -$1.87M |
| Operating Income Ratio | -$0.21 | -$1.23 | -$0.42 | -$0.19 |
| Other Income/Expenses (Net) | -$642084.00 | -$1.11M | -$377985.00 | $1.87M |
| Income Before Tax | -$3.10M | -$8.37M | -$3.84M | $2215.00 |
| Income Before Tax Ratio | -$0.27 | -$1.42 | -$0.46 | $0.00 |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$3.10M | -$8.37M | -$3.84M | $2215.00 |
| Net Income Ratio | -$0.27 | -$1.42 | -$0.46 | $0.00 |
| EPS | -$0.02 | -$0.05 | -$0.02 | $0.00 |
| Diluted EPS | -$0.02 | -$0.05 | -$0.02 | $0.00 |
| Weighted Avg Shares Outstanding | $185.80M | $168.98M | $168.98M | $169.03M |
| Weighted Avg Shares Outstanding (Diluted) | $185.80M | $168.98M | $168.98M | $172.52M |
Financial performance has remained strong, with revenue growing from $10.02M in Q2 2024 to $11.63M in Q1 2025. Gross profit continued to perform well, with margins at 94% in the latest quarter. Operating income reached -$2.46M in Q1 2025, holding a steady -21% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $1.71M. Net income rose to -$3.10M, keeping EPS at -$0.02. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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