Neptune Digital Assets Corp

Neptune Digital Assets Corp maintains a strong liquidity position, with a current ratio of 70.04, indicating a significant excess of current assets over current liabilities. The company has no long-term debt and holds $3.97 million in cash and equivalents, which supports its liquidity profile.

The company's profitability is mixed. While it reported a net income of $3.17 million, it also recorded an operating loss of $5.74 million, suggesting that operational costs are outpacing gross profits. Return on equity (ROE) and return on assets (ROA) are 5.5% and 5.48%, respectively, which are positive but modest compared to the industry's median performance.

Geographically and segment-wise, Neptune Digital Assets Corp's revenue concentration is not disclosed in the available data. However, the company's operations are primarily focused on digital asset management, with no material diversification across business segments or regions.

Looking ahead, the company is projected to experience a slight decline in revenue, with a negative outlook for earnings per share (EPS). Analysts have assigned a mean recommendation of 2.00, indicating a "buy" rating, but only one analyst has issued a "buy" recommendation, with no strong buy or hold ratings.

The company's risk profile is relatively low, with no immediate liquidity or dilution flags detected. The absence of long-term debt and the presence of a large equity base reduce financial risk. However, the operating loss and negative operating cash flow suggest potential operational inefficiencies that could affect future performance.

Recent financial filings and transcripts do not indicate any major events or strategic shifts. The company's free cash flow of $3.24 million suggests it is generating positive cash from operations after capital expenditures, which could support future growth or shareholder returns.

Neptune achieved a 6.2% net margin, ranking best-in-class compared to the negative median in the blockchain cohort.

The company generated positive free cash flow of CAD 552,060 in FY2025, demonstrating improved operational cash generation capabilities.

Neptune reported a net income of CAD 367,570 in FY2025, marking a continued transition from historical losses to profitability.

A single analyst recommendation of 'buy' suggests positive sentiment from market professionals regarding the stock's potential.

Operating income deteriorated to a loss of CAD 2.88 million in FY2025, widening the operational deficit significantly.

The company carries a high credit risk flag, suggesting potential difficulties in meeting financial obligations or securing funding.

Cash conversion ratio of -0.77 places Neptune in the bottom quartile of its blockchain and cryptocurrency peer group.

Revenue C$245.6k, −57,2% YoY; Operating income −231,3% YoY.

• ▍Revenue C$245.6k, −57,2% YoY
• ▍Operating income −231,3% YoY
• ▍Net income +188,6% YoY
• ▍Free cash flow +191,7% YoY
• ▍Net margin 878.2%

Revenue C$390.8k, −13,6% YoY; Operating income −44,9% YoY.

• ▍Revenue C$390.8k, −13,6% YoY
• ▍Operating income −44,9% YoY
• ▍Net income −192,4% YoY
• ▍Free cash flow −190,5% YoY
• ▍Net margin -949.4%

Revenue C$387.8k, −55,4% YoY; Operating income −182,6% YoY.

• ▍Revenue C$387.8k, −55,4% YoY
• ▍Operating income −182,6% YoY
• ▍Net income +61,3% YoY
• ▍Free cash flow +62,0% YoY
• ▍Net margin -296.8%

Revenue C$367.7k, −27,8% YoY; Operating income +44,3% YoY.

• ▍Revenue C$367.7k, −27,8% YoY
• ▍Operating income +44,3% YoY
• ▍Net income −123,2% YoY
• ▍Free cash flow −121,3% YoY
• ▍Net margin -200.4%

Revenue C$573.7k; Operating income -C$362.4k.

• ▍Revenue C$573.7k
• ▍Operating income -C$362.4k
• ▍Net margin -424.2%

Revenue C$452.4k; Operating income -C$332.0k.

• ▍Revenue C$452.4k
• ▍Operating income -C$332.0k
• ▍Net margin 887.7%

Revenue C$868.9k; Operating income -C$658.9k.

• ▍Revenue C$868.9k
• ▍Operating income -C$658.9k
• ▍Net margin -342.3%

Revenue C$509.0k; Operating income -C$573.5k.

• ▍Revenue C$509.0k
• ▍Operating income -C$573.5k
• ▍Net margin 622.9%

Revenue C$1.8M, −26,0% YoY; Operating income −48,0% YoY.

• ▍Revenue C$1.8M, −26,0% YoY
• ▍Operating income −48,0% YoY
• ▍Net income −76,4% YoY
• ▍Free cash flow −70,0% YoY
• ▍Net margin 20.6%

Revenue C$2.4M, +3,8% YoY; Operating income +73,1% YoY.

• ▍Revenue C$2.4M, +3,8% YoY
• ▍Operating income +73,1% YoY
• ▍Net income +130,4% YoY
• ▍Free cash flow +139,9% YoY
• ▍Net margin 64.7%

Revenue C$2.3M, −44,7% YoY; Operating income +36,5% YoY.

• ▍Revenue C$2.3M, −44,7% YoY
• ▍Operating income +36,5% YoY
• ▍Net income +75,7% YoY
• ▍Free cash flow +80,9% YoY
• ▍Net margin -220.9%

Revenue C$4.2M, +1 069,2% YoY; Operating income −63,0% YoY.

• ▍Revenue C$4.2M, +1 069,2% YoY
• ▍Operating income −63,0% YoY
• ▍Net income −935,3% YoY
• ▍Free cash flow −1 201,6% YoY
• ▍Net margin -502.4%