DMG Blockchain Solutions (TSXV:DMGI) Construction In Progress : C$4.45 Mil (As of Mar. 2024)

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What is DMG Blockchain Solutions Construction In Progress?

DMG Blockchain Solutions's quarterly construction in progress increased from Sep. 2023 (C$1.49 Mil) to Dec. 2023 (C$1.76 Mil) and increased from Dec. 2023 (C$1.76 Mil) to Mar. 2024 (C$4.45 Mil).

DMG Blockchain Solutions's annual construction in progress increased from Sep. 2021 (C$0.32 Mil) to Sep. 2022 (C$0.41 Mil) and increased from Sep. 2022 (C$0.41 Mil) to Sep. 2023 (C$1.49 Mil).

DMG Blockchain Solutions Construction In Progress Historical Data

The historical data trend for DMG Blockchain Solutions's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DMG Blockchain Solutions Construction In Progress Chart

DMG Blockchain Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Construction In Progress

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0.01

0.02

0.32

0.41

1.49

DMG Blockchain Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															0.78	-	1.49	1.76	4.45

DMG Blockchain Solutions Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

DMG Blockchain Solutions (TSXV:DMGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DMG Blockchain Solutions Inc (TSXV:DMGI) » Definitions » Construction In Progress

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Traded in Other Exchanges

DMGGF:USA 6AX:Germany

Address

4193 104 Street, Delta, BC, CAN, V4K3N3

Website

https://www.dmgblockchain.com

DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives revenue from Cryptocurrency mining, the Sale of mining equipment, and Set-up and hosting fees.

Executives

Adrian Glover

Senior Officer

DMG Blockchain Solutions (TSXV:DMGI) Headlines

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