DevvStream (DEVS)
Market Price (3/21/2026): $0.711 | Market Cap: $3.0 MilSector: Industrials | Industry: Environmental & Facilities Services
DevvStream (DEVS)
Market Price (3/21/2026): $0.711Market Cap: $3.0 MilSector: IndustrialsIndustry: Environmental & Facilities Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71% | Weak multi-year price returns2Y Excs Rtn is -120%, 3Y Excs Rtn is -160% | Penny stockMkt Price is 0.8 |
| Megatrend and thematic driversMegatrends include Sustainable Finance, Energy Transition & Decarbonization, and Renewable Energy Transition. Themes include Carbon Credit Markets, Show more. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -8.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25837% | |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 373% | ||
| Expensive valuation multiplesP/SPrice/Sales ratio is 98x | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1198% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -24505%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -39607% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -227% | ||
| High stock price volatilityVol 12M is 340% | ||
| Key risksDEVS key risks include [1] severe financial distress and a high risk of bankruptcy, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71% |
| Megatrend and thematic driversMegatrends include Sustainable Finance, Energy Transition & Decarbonization, and Renewable Energy Transition. Themes include Carbon Credit Markets, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -120%, 3Y Excs Rtn is -160% |
| Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -8.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25837% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 373% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 98x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1198% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -24505%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -39607% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -227% |
| High stock price volatilityVol 12M is 340% |
| Key risksDEVS key risks include [1] severe financial distress and a high risk of bankruptcy, Show more. |
Qualitative Assessment
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DevvStream (DEVS) stock has lost about 55% since 11/30/2025 because of the following key factors:
1. DevvStream experienced significantly weak financial performance in Q1 2026. The company reported flat revenue year-over-year at $1100, a substantial 87.14% year-over-year drop in net income to -$521,546, and an 90.54% year-over-year decline in Earnings Per Share (EPS) to -$0.14. The gross margin was also negative at -71.27%, indicating core operational challenges. Quarter-over-quarter, revenue decreased by 89.2% to $1K, net income by 114.8% to -$522K, and diluted EPS by 216.7% to -$0.14.
2. The company received a Nasdaq extension due to non-compliance with listing rules, creating an overhang of potential delisting. On February 23, 2026, DevvStream was granted an extension until May 18, 2026, to regain compliance with Nasdaq Listing Rule 5550(b). This rule mandates minimum thresholds for stockholders' equity, market value of listed securities, or net income from continuing operations. The announcement explicitly stated there is "no assurance" that the company will successfully regain or maintain compliance, contributing to investor uncertainty.
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1. DevvStream experienced significantly weak financial performance in Q1 2026. The company reported flat revenue year-over-year at $1100, a substantial 87.14% year-over-year drop in net income to -$521,546, and an 90.54% year-over-year decline in Earnings Per Share (EPS) to -$0.14. The gross margin was also negative at -71.27%, indicating core operational challenges. Quarter-over-quarter, revenue decreased by 89.2% to $1K, net income by 114.8% to -$522K, and diluted EPS by 216.7% to -$0.14.
2. The company received a Nasdaq extension due to non-compliance with listing rules, creating an overhang of potential delisting. On February 23, 2026, DevvStream was granted an extension until May 18, 2026, to regain compliance with Nasdaq Listing Rule 5550(b). This rule mandates minimum thresholds for stockholders' equity, market value of listed securities, or net income from continuing operations. The announcement explicitly stated there is "no assurance" that the company will successfully regain or maintain compliance, contributing to investor uncertainty.
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Stock Movement Drivers
Fundamental Drivers
The -53.1% change in DEVS stock from 11/30/2025 to 3/20/2026 was primarily driven by a -54.4% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.67 | 0.78 | -53.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 31.6% |
| P/S Multiple | 215.5 | 98.3 | -54.4% |
| Shares Outstanding (Mil) | 3 | 4 | -21.8% |
| Cumulative Contribution | -53.1% |
Market Drivers
11/30/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| DEVS | -53.1% | |
| Market (SPY) | -4.8% | 18.8% |
| Sector (XLI) | 5.2% | 13.2% |
Fundamental Drivers
The -65.9% change in DEVS stock from 8/31/2025 to 3/20/2026 was primarily driven by a -85.1% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.30 | 0.78 | -65.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 233.9% |
| P/S Multiple | 659.5 | 98.3 | -85.1% |
| Shares Outstanding (Mil) | 3 | 4 | -31.5% |
| Cumulative Contribution | -65.9% |
Market Drivers
8/31/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| DEVS | -65.9% | |
| Market (SPY) | 1.1% | 20.4% |
| Sector (XLI) | 6.8% | 13.2% |
Fundamental Drivers
The -79.9% change in DEVS stock from 2/28/2025 to 3/20/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.90 | 0.78 | -79.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 98.3 | |
| Shares Outstanding (Mil) | 1 | 4 | -72.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| DEVS | -79.9% | |
| Market (SPY) | 10.4% | 18.2% |
| Sector (XLI) | 19.8% | 16.3% |
Fundamental Drivers
nullnull
Market Drivers
2/28/2023 to 3/20/2026| Return | Correlation | |
|---|---|---|
| DEVS | ||
| Market (SPY) | 70.3% | 17.3% |
| Sector (XLI) | 67.1% | 15.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DEVS Return | - | - | - | -29% | -82% | -41% | -92% |
| Peers Return | -12% | 28% | 16% | 58% | 18% | 11% | 171% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -3% | 76% |
Monthly Win Rates [3] | |||||||
| DEVS Win Rate | - | - | - | 0% | 17% | 0% | |
| Peers Win Rate | 46% | 50% | 52% | 52% | 55% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| DEVS Max Drawdown | - | - | - | -53% | -83% | -43% | |
| Peers Max Drawdown | -33% | -28% | -19% | -6% | -31% | -13% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CWST, GEO, CECO, FTEK, YDDL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/20/2026 (YTD)
How Low Can It Go
DEVS has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1,463 days | 1,480 days |
Compare to CWST, GEO, CECO, FTEK, YDDL
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
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About DevvStream (DEVS)
DevvStream Holdings Inc. operates as a carbon credit generation in Canada and the United States. The company invests in projects or companies that involve in carbon credit markets and provides project management. It generates and manages carbon credits by utilizing the blockchain-based platform. The company also invests in green projects that generate renewable energy, improve energy efficiencies, eliminate, or reduce emissions, and sequester carbon directly from the air. DevvStream Holdings Inc. is headquartered in Vancouver, Canada. DevvStream Holdings Inc. is a subsidiary of Devvio.
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Here are a few analogies for DevvStream:
- Like a specialized Goldman Sachs for the carbon credit market, investing in green projects to generate and trade carbon credits.
- A BlackRock for environmental assets, managing projects that generate carbon credits.
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- Carbon Credit Generation: The company generates and manages carbon credits, often leveraging a blockchain platform.
- Investment in Green Initiatives: DevvStream invests in projects and companies focused on carbon credit markets, renewable energy, energy efficiency, and carbon sequestration.
- Project Management: The company provides project management services for carbon credit and other green projects.
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nullAI Analysis | Feedback
```html- Devvio
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Sunny Trinh, Chief Executive Officer
As co-founder and CEO, Sunny Trinh is responsible for building and executing DevvStream's project pipeline. He has over 25 years of experience in the technology sector, with a focus on ESG and carbon markets. Trinh also serves as Chief Digital Alchemist for Devvio Inc. Previously, he was VP of Ecosystem at Avnet Inc. (AVT: NASDAQ), COO for Jooster, and VP of Sales for Arrow Electronics (ARW: NYSE). He also served as CEO for 9:Fish Surfboards and was an adjunct professor for Cal Lutheran University's MBA program, where he initiated the school's technology tract.
David Goertz, Chief Financial Officer
David Goertz provides accounting, assurance, taxation, and business advisory services to both private and public companies. He possesses specialized knowledge in the manufacturing, mining, real estate, and technology industries, and has a strong understanding of public company operations, restructurings, acquisitions, and IPOs.
Chris Merkel, Chief Operating Officer
Chris Merkel is the VP and Chief Operating Officer of DevvStream. Before joining the company, he spent 24 years in roles managing strategic customers, developing technical services verticals, and in sales leadership at Avnet (AVT: NASDAQ) and Arrow Electronics (ARW: NYSE). He has experience with companies ranging from pre-funded startups to global enterprises. Merkel also held a general sales and operations management role for five years with Sierra Pacific Industries.
Carl Stanton, Executive Chairman
Carl Stanton brings nearly 30 years of private equity investment and board experience across more than 15 portfolio companies. He is the former Head of Private Equity for Invesco and a Managing Partner of Wellspring Capital. Currently, he serves as the CEO of Focus Impact Acquisition Corp. During his tenure, his former firm closed funds totaling $3.1 billion.
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The key risks to DevvStream's business include its precarious financial health and the ongoing challenge of maintaining its Nasdaq listing, the inherent volatility and illiquidity of the voluntary carbon market, and the significant execution risks associated with its capital-intensive, large-scale projects.
- Financial Health and Nasdaq Listing Compliance: DevvStream faces substantial doubt about its ability to continue as a going concern due to recurring net losses, negative operating cash flow, and minimal revenues. The company also has a highly leveraged balance sheet with a significant shareholders' deficit. Furthermore, DevvStream must meet Nasdaq's minimum stockholders' equity requirements by May 18, 2026, and while a recent debt-to-equity conversion has improved its balance sheet, compliance is not guaranteed if the stock price remains suppressed.
- Volatile and Illiquid Voluntary Carbon Market: The voluntary carbon market (VCM), central to DevvStream's business model, is characterized by its illiquidity and volatility. Lingering uncertainty in this market has led to broad price declines and a decrease in carbon credit issuances and retirements. Regulatory announcements, such as those concerning Article 6 of the Paris Agreement, have historically influenced the company's stock performance, highlighting susceptibility to changes in market sentiment and regulation. The broader market also faces challenges with transparency, quality concerns, and regulatory ambiguity surrounding carbon tokens.
- Execution Risk of Capital-Intensive Projects: DevvStream's involvement in large-scale carbon sequestration initiatives, like the Monroe Hub, exposes it to considerable execution risks. These projects are capital-intensive and necessitate lengthy environmental permitting processes, particularly from bodies like the EPA. Delays, increased costs, or failure to secure necessary approvals could significantly impact the company's ability to generate carbon credits and achieve projected revenues.
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```htmlThe entry of major technology companies (e.g., cloud providers, software giants) into the carbon credit generation, verification, and trading space. These companies possess immense capital, global reach, advanced AI/ML capabilities, and existing enterprise client bases, allowing them to rapidly develop and deploy highly integrated, potentially more trusted, and user-friendly platforms for managing environmental assets. Such platforms could offer superior data analytics, project monitoring, and seamless integration with broader sustainability reporting, effectively outcompeting smaller, specialized players like DevvStream by offering a more comprehensive and technologically advanced solution.
```AI Analysis | Feedback
DevvStream Holdings Inc. (DEVS) operates in several significant addressable markets related to carbon management and green projects.
Carbon Credit Markets
DevvStream's core business involves the generation, investment, and sale of carbon credits, spanning both compliance and voluntary markets, and including nature-based, technology-based, and carbon sequestration credits.
- The North America carbon credit market was estimated at USD 22.3 billion in 2025 and is projected to grow to USD 98.1 billion by 2035.
- The United States carbon credit market was valued at USD 107.44 billion in 2022 and is expected to reach USD 324.57 billion by 2030.
- The Canada carbon credit market generated USD 1,065.3 million in revenue in 2023 and is expected to reach US$ 13,338.4 million (approximately USD 13.34 billion) by 2030.
- The global carbon credit market was valued at USD 633.87 billion in 2024 and is projected to reach USD 10,552.12 billion by 2034.
- For the global voluntary carbon credit market, the size is estimated at USD 15.83 billion in 2025 and is expected to reach USD 120.47 billion by 2030.
- The U.S. voluntary carbon credit market is expected to reach US$ 7,088.4 million (approximately USD 7.09 billion) by 2030.
- The Canada voluntary carbon credit market generated USD 176.0 million in revenue in 2023 and is expected to reach USD 1,442.1 million by 2030.
Renewable Energy Carbon Credit Market
DevvStream also engages in project development services for renewable energy projects, generating related credits.
- The global renewable energy carbon credit market was valued at USD 43.3 billion in 2024 and is expected to grow to USD 186.2 billion by 2034.
- The North America renewable energy carbon credit market surpassed USD 7.5 billion in 2024 and is projected to grow at a CAGR of 16% until 2034.
Carbon Capture and Sequestration Market
The company is involved in carbon sequestration credits.
- The global carbon capture and sequestration market was valued at USD 3.24 billion in 2024 and is projected to reach USD 18.17 billion by 2034.
- North America dominated the global carbon capture and sequestration market with a 70% market share in 2024.
Broader Green and Renewable Energy Markets (Underlying Projects)
DevvStream's investments in green projects, including renewable energy, align with the broader green and renewable energy markets.
- The global green economy was valued at more than USD 5 trillion in 2024 and could surpass USD 7 trillion by 2030.
- The global green energy market was approximately USD 129.09 billion in 2024 and is projected to reach USD 534.17 billion by 2034.
- The global renewable energy market was valued at USD 1078.7 billion in 2025 and is projected to grow to USD 1838.57 billion by 2034.
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Expected Drivers of Future Revenue Growth for DevvStream (DEVS)
DevvStream (NASDAQ: DEVS) anticipates several key drivers for its revenue growth over the next 2-3 years, primarily centered on expanding its presence in the carbon and environmental asset markets and leveraging its technological capabilities:
- Increased Carbon Credit Monetization: DevvStream aims to drive revenue growth through the development, investment, and sale of its diverse offset portfolio, which includes nature-based, technology-based, and carbon sequestration credits. These credits are sold to corporations and governments seeking to offset their emissions.
- Strategic Acquisitions and Industry Consolidation: A core part of DevvStream's strategy involves project investments, acquisitions, and consolidating within the industry to broaden its market reach and become a comprehensive solutions provider. Acquisitions are specifically expected to be central to scaling the company, enhancing its technological capabilities, and securing recurring revenue streams. Recent announcements include a binding term sheet for a merger aimed at diversifying into a fuels and credits business.
- Expansion of Project Development Activities: The company plans to grow by expanding its role in project development, acting as a project manager for initiatives such as EV charging and renewable energy generation. In exchange for its services, DevvStream receives a percentage of the generated carbon credits or International Renewable Energy Certificates (I-RECs). Future developments also include advancing biomass-to-jet projects and evaluating nuclear power and advanced fuels.
- Development of Digital-Asset Treasury and Tokenization Platform: DevvStream is focused on building a blockchain-based treasury and launching a tokenization platform for sustainability-linked infrastructure. The company is actively exploring tokenizing its existing environmental asset portfolio, which is expected to create new revenue streams, including staking yields from digital assets. This initiative is seen as a key growth vector as sustainability assets become digitized.
- Growth in I-REC Brokerage: Management has specifically highlighted that I-REC (International Renewable Energy Certificate) brokerage will be a driver of revenue growth in the coming fiscal year.
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Share Issuance
- DevvStream implemented a 1-for-10 reverse stock split on August 8, 2025, which reduced the number of outstanding shares from 35,416,734 to approximately 3,541,673 to regain Nasdaq compliance.
- The company issued 2,056,700 shares, drawing $5.54 million under its Helena equity line of credit.
- A PIPE financing round resulted in the issuance of 128,370 shares for $2.0 million.
Inbound Investments
- DevvStream entered into an agreement for up to US$300 million in senior secured convertible notes with Helena Partners, with an initial US$10 million funding completed on July 18, 2025.
- Chairman Carl Stanton and Director Wray Thorn invested an additional $218,000 into the company's 5.30% Secured Convertible Note in March 2025.
- In connection with a business combination, Southern Energy Renewables made an initial PIPE investment of approximately $2.0 million, acquiring 128,370 shares.
Outbound Investments
- DevvStream allocated 75% of the net proceeds (70% of the initial $10 million tranche) from the $300 million facility towards purchasing liquid digital assets for its crypto treasury program, which includes Bitcoin and Solana.
- As of November 2025, the company reported crypto treasury holdings of approximately $5.4 million, comprising 22.229 Bitcoin and 12,127.64 Solana tokens.
- DevvStream signed a Memorandum of Understanding with Fayafi Investment Holding to explore a global joint venture, "Fayafi x DevvStream Green Ventures," with an expected initial funding commitment of $100 million from the joint venture to accelerate investments in decarbonization and climate infrastructure projects.
Capital Expenditures
- DevvStream has reported $0 in capital expenditures for various quarters from December 31, 2021, through June 30, 2025.
- The company's strategy focuses on project investment, acquisitions, and project development, where it acts as a project manager in exchange for a percentage of generated carbon credits or I-RECs, rather than direct capital expenditures.
- Management anticipates that acquisitions and technology integration will be significant drivers of growth and scale in the medium term.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| With DevvStream Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
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| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 13.02 |
| Mkt Cap | 2.0 |
| Rev LTM | 774 |
| Op Inc LTM | 52 |
| FCF LTM | -5 |
| FCF 3Y Avg | 13 |
| CFO LTM | 6 |
| CFO 3Y Avg | 25 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.2% |
| Rev Chg 3Y Avg | 11.4% |
| Rev Chg Q | 25.9% |
| QoQ Delta Rev Chg LTM | 7.8% |
| Op Mgn LTM | 4.8% |
| Op Mgn 3Y Avg | 6.7% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 2.8% |
| CFO/Rev 3Y Avg | 6.3% |
| FCF/Rev LTM | -0.7% |
| FCF/Rev 3Y Avg | 3.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.0 |
| P/S | 2.5 |
| P/EBIT | 4.5 |
| P/E | 8.8 |
| P/CFO | 15.0 |
| Total Yield | 0.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.6% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.7% |
| 3M Rtn | -13.5% |
| 6M Rtn | -17.5% |
| 12M Rtn | -1.5% |
| 3Y Rtn | 38.7% |
| 1M Excs Rtn | -4.2% |
| 3M Excs Rtn | -7.2% |
| 6M Excs Rtn | -16.8% |
| 12M Excs Rtn | -15.4% |
| 3Y Excs Rtn | -27.7% |
Price Behavior
Price Behavior
| Market Price | $0.78 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 11/07/2024 | |
| Distance from 52W High | -94.0% | |
| 50 Days | 200 Days | |
| DMA Price | $0.96 | $4.85 |
| DMA Trend | down | down |
| Distance from DMA | -18.8% | -83.9% |
| 3M | 1YR | |
| Volatility | 112.5% | 341.0% |
| Downside Capture | 226.54 | 284.93 |
| Upside Capture | -40.68 | 78.08 |
| Correlation (SPY) | 18.2% | 18.3% |
DEVS Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.95 | 3.97 | 3.53 | 2.65 | 3.31 | 0.74 |
| Up Beta | 5.79 | 6.10 | 3.36 | 1.22 | 5.02 | 3.03 |
| Down Beta | 4.55 | 4.82 | 4.25 | 3.13 | 1.10 | 0.04 |
| Up Capture | 306% | 129% | 98% | 104% | 106% | 4% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 6 | 13 | 20 | 47 | 98 | 127 |
| Down Capture | 555% | 374% | 396% | 280% | 164% | 108% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 15 | 25 | 37 | 70 | 145 | 190 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DEVS | |
|---|---|---|---|---|
| DEVS | -79.0% | 340.3% | 0.40 | - |
| Sector ETF (XLI) | 22.3% | 19.1% | 0.93 | 16.4% |
| Equity (SPY) | 15.8% | 18.9% | 0.64 | 18.3% |
| Gold (GLD) | 48.2% | 27.0% | 1.45 | -10.6% |
| Commodities (DBC) | 17.8% | 17.4% | 0.83 | 0.0% |
| Real Estate (VNQ) | 1.0% | 16.4% | -0.11 | 7.8% |
| Bitcoin (BTCUSD) | -19.0% | 44.2% | -0.35 | 0.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DEVS | |
|---|---|---|---|---|
| DEVS | -40.6% | 304.3% | 0.18 | - |
| Sector ETF (XLI) | 12.3% | 17.1% | 0.56 | 15.0% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 17.3% |
| Gold (GLD) | 20.7% | 17.5% | 0.97 | -10.2% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | -1.2% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.06 | 6.1% |
| Bitcoin (BTCUSD) | 4.7% | 56.7% | 0.30 | -0.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DEVS | |
|---|---|---|---|---|
| DEVS | -22.9% | 304.3% | 0.18 | - |
| Sector ETF (XLI) | 13.5% | 19.8% | 0.60 | 15.0% |
| Equity (SPY) | 14.2% | 17.9% | 0.68 | 17.3% |
| Gold (GLD) | 13.3% | 15.7% | 0.70 | -10.2% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | -1.2% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 6.1% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | -0.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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