Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
IBITX Software Inc. is dedicated to the creation and advancement of diverse digital currencies. The company's primary offering is IBITx, a sophisticated currency exchange platform. This platform serves two key functions: it connects new digital currency issuers (Initial Currency Offerings or ICOs) with prospective investors, and it provides a dynamic free market environment for the secondary trading of various cryptocurrencies and virtual assets registered within its ecosystem. Established in 2006, IBITX Software Inc. conducts its operations from its headquarters located in Subic, the Philippines.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.