Professional
Added to YB: 2026-08-19
Pitch date: 2026-06-18
ABXX.TO [bearish]
Abaxx Technologies Inc.
Author Info
Upslope Capital is an alternative investment management firm based in Colorado. They manage a global long/short public equity investment strategy. Follow on Twitter/X.
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 1.1B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-14.12
EV/Sales
967.85
Sector
Capital Markets
Category
value
Upslope Capital Management - Flywheel Effect* - Abaxx Technologies Inc.
ABXX.TO (short): Toronto-listed Singapore commodity exchange peaked ~C$2bn mkt cap, ~100x 2026E rev. Upslope's data analysis shows volume ramp driven by trader incentives, not real network effects: OI ~10% of volume (vs 200-400% at FMX/CME), ~99% day-traded, deteriorating liquidity quality despite rising volumes. Viceroy also published short report. Challenger exchange base rate for success very low.
Read full article (6 min)