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Added to YB: 2026-06-17

Pitch date: 2026-06-11

ABXXF [bearish]

Abaxx Technologies Inc.

Author Info

Viceroy Research is an independent investigative research group. Since 2016, we’ve published in-depth reports on companies around the world, identifying signs of financial misrepresentation, mismanagement, and corporate misconduct. Sign up for the newsletter.

Company Info

Abaxx Technologies Inc., engages in developing software tools which enable commodity traders and finance professionals to communicate, trade, and transact in Canada.

Market Cap

CAD 1.6B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

-26.33

EV/Sales

651.67

Sector

Software

Category

N/A

Show full summary:
Abaxx: Not Even Worth A Crumb

ABXXF (short): Viceroy short thesis—claims Abaxx Exchange volume is ~63% wash trades/matched-leg calendar spreads + undisclosed block trades; ~99% intraday close-out vs 40-60% COMEX norm. Burns $20-30M/qtr on incentives. Undisclosed related parties (Kilo, Ivanhoe), CBOE exited at par, patents rejected. Ponzi-like; expects equity wipeout.

Read full article (39 min)