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Sphere 3D was incorporated under the Business Corporations Act (Ontario) on May 2, 2007 as T.B. On March 24, 2015, we completed a short-form amalgamation with a wholly-owned subsidiary.
The institution is unprofitable. This typically signals severe credit losses or a business in transition.
Revenue declined 32.7% YoY. For a bank, this often signals contracting loan book or reduced fee income.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$10M
▼ -32.7% YoY
Net Income (TTM)
-$17M
▼ -126.8% YoY
Net Margin
-163.45%
P/E
—
Balance Sheet
Total Assets
$22M
Equity
$20M
Total Debt
$0.00
Cash & Equiv.
$3M
5Y CAGR: +18.2%
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