MGM Wireless Limited designs, develops, and commercializes smartphone + watch wearables devices for children, and software for school communication and student absence management in Australia, New Zealand, the United Kingdom, and the United States.
+ 3 more risks
Mediocre balance sheet and overvalued.
Share Price & News
How has MGM Wireless's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MWR's share price has been volatile over the past 3 months.
7 Day Return
AU Interactive Media and Services
1 Year Return
AU Interactive Media and Services
Return vs Industry: MWR underperformed the Australian Interactive Media and Services industry which returned 54% over the past year.
Return vs Market: MWR underperformed the Australian Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is MGM Wireless's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The MGM Wireless Limited's (ASX:MWR) Shareholder Register?
2 months ago | Simply Wall StIs MGM Wireless Limited's (ASX:MWR) CEO Salary Justified?
4 months ago | Simply Wall StIs MGM Wireless (ASX:MWR) Using Debt Sensibly?
Is MGM Wireless undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MWR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MWR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MWR is unprofitable, so we can't compare its PE Ratio to the Interactive Media and Services industry average.
PE vs Market: MWR is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MWR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MWR is good value based on its PB Ratio (7.4x) compared to the AU Interactive Media and Services industry average (7.4x).
How is MGM Wireless forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MGM Wireless has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of MWR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- MGM Wireless competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
How has MGM Wireless performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MWR is currently unprofitable.
Growing Profit Margin: MWR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MWR is unprofitable, and losses have increased over the past 5 years at a rate of -78.8% per year.
Accelerating Growth: Unable to compare MWR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MWR is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (0.8%).
Return on Equity
High ROE: MWR has a negative Return on Equity (-97.58%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is MGM Wireless's financial position?
Financial Position Analysis
Short Term Liabilities: MWR's short term assets (A$4.7M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: MWR's short term assets (A$4.7M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: MWR's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: MWR's debt to equity ratio has increased from 6.5% to 26% over the past 5 years.
Inventory Level: MWR has a low level of unsold assets or inventory.
Debt Coverage by Assets: MWR's debt is covered by short term assets (assets are 3.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MWR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MWR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -118.6% each year
What is MGM Wireless's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MWR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MWR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MWR is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MWR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
What is the CEO of MGM Wireless's salary, the management and board of directors tenure and is there insider trading?
Mark Fortunatow 0
Mr. Mark Fortunatow, B.Sc.(Ma.Sc.), B.Ec. Co-founded MGM Wireless Limited in 2001 and serves as its Executive Chairman and Chief Executive Officer. Mr. Fortunatow is a founder and serves as the Chief Execu ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD621.13K) is above average for companies of similar size in the Australian market ($USD262.68K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.3%.
- Compensation: AU$900.02k
- Tenure: 7.6yrs
- Compensation: AU$1.24k
- Tenure: 2.6yrs
- Compensation: AU$201.66k
- Compensation: AU$900.02k
Independent Non-Executive Director
- Tenure: 5.5yrs
- Compensation: AU$48.95k
- Tenure: 2.4yrs
- Compensation: AU$90.93k
MGM Wireless Limited's company bio, employee growth, exchange listings and data sources
- Name: MGM Wireless Limited
- Ticker: MWR
- Exchange: ASX
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: AU$40.354m
- Shares outstanding: 141.59m
- Website: https://www.mgmwireless.com
Number of Employees
- MGM Wireless Limited
- The Parks
- Suite 13
- Rose Park
- South Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MWR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2003|
|EZY||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2003|
MGM Wireless Limited designs, develops, and commercializes smartphone + watch wearables devices for children, and software for school communication and student absence management in Australia, New Zealand, the United Kingdom, and the United States. The company operates through School Messaging Services, Smart Watches and Apps, and Other segments. It offers Outreach+, a content management and messaging platform for mobile school communications; School Star, a school news and messaging app; and MessageYou, a student absence notification. The company also provides WatchLists, an absence analytics software; and RollMarker, a student attendance management solution. In addition, it supplies Spacetalk smartwatches and applications through retail distribution networks and online sales. MGM Wireless Limited is headquartered in Rose Park, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/27 10:34|
|End of Day Share Price||2020/01/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.