Professional
Added to YB: 2026-08-19
Pitch date: 2026-06-18
ABXX.TO [bearish]
Abaxx Technologies Inc.
+55.18%
current return
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 885.2M
Pitch Price
CAD 34.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-11.87
EV/Sales
802.30
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)