ASX:GSW

Stock Analysis Report

Executive Summary

GetSwift Limited engages in the development and commercialization of logistics software in the United States, Australia, and internationally.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has GetSwift's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GSW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

GSW

-13.3%

AU Software

-3.6%

AU Market


1 Year Return

81.4%

GSW

22.2%

AU Software

10.9%

AU Market

Return vs Industry: GSW exceeded the Australian Software industry which returned 22.2% over the past year.

Return vs Market: GSW exceeded the Australian Market which returned 10.9% over the past year.


Shareholder returns

GSWIndustryMarket
7 Day-1.8%-13.3%-3.6%
30 Day-1.8%-9.5%-3.7%
90 Day-1.8%-8.1%-0.2%
1 Year81.4%81.4%23.2%22.2%15.6%10.9%
3 Year18.9%18.9%136.3%125.6%34.1%16.0%
5 Yearn/a136.4%119.8%44.9%12.6%

Price Volatility Vs. Market

How volatile is GetSwift's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GetSwift undervalued compared to its fair value and its price relative to the market?

1.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GSW's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GSW's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GSW is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: GSW 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 GSW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GSW is good value based on its PB Ratio (1.4x) compared to the AU Software industry average (4.2x).


Next Steps

Future Growth

How is GetSwift forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.2%

Forecasted Software 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 GetSwift 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.


Next Steps

Past Performance

How has GetSwift performed over the past 5 years?

-75.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSW is currently unprofitable.

Growing Profit Margin: GSW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GSW is unprofitable, and losses have increased over the past 5 years at a rate of -75.3% per year.

Accelerating Growth: Unable to compare GSW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSW is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.6%).


Return on Equity

High ROE: GSW has a negative Return on Equity (-26.33%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is GetSwift's financial position?


Financial Position Analysis

Short Term Liabilities: GSW's short term assets (A$70.5M) exceed its short term liabilities (A$4.6M).

Long Term Liabilities: GSW's short term assets (A$70.5M) exceed its long term liabilities (A$11.0K).


Debt to Equity History and Analysis

Debt Level: GSW is debt free.

Reducing Debt: GSW had no debt 5 years ago.


Balance Sheet

Inventory Level: GSW has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GSW's debt is covered by short term assets.


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: GSW has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GSW has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of -88.5% each year.


Next Steps

Dividend

What is GetSwift's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.5%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate GSW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GSW'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 GSW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GSW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GSW's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Bane Hunter 0

1.8yrs

Tenure

AU$1,943,495

Compensation

Mr. Bane Hunter has been Chief Executive Officer and Executive Director of Getswift Ltd since April 26, 2015 and May 13, 2016 respectively. Mr. Hunter is the Chairman and Member of Supervisory Board at LOG ...


CEO Compensation Analysis

Compensation vs Market: Bane's total compensation ($USD1.28M) is above average for companies of similar size in the Australian market ($USD250.90K).

Compensation vs Earnings: Bane's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bane Hunter
CEO & Executive Director1.8yrsAU$1.94m6.18% A$6.2m
Joel MacDonald
Founder4.9yrsAU$1.35m22.11% A$22.3m
Robert Bardunias
Chief Operating Officer1.1yrsno datano data
Dennis Noto
Chief Technology Officer1.4yrsno datano data
Sophie Karzis
Company Secretary2yrsno datano data

1.8yrs

Average Tenure

Experienced Management: GSW's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bane Hunter
CEO & Executive Director1.8yrsAU$1.94m6.18% A$6.2m
Joel MacDonald
Founder4.9yrsAU$1.35m22.11% A$22.3m
Ivan Mosley
Board Advisor0yrsno datano data
Stanley Pierre-Louis
Independent Non-Executive Chairman0.8yrsAU$27.62kno data
Terrance White
Independent Non-Executive Director0.8yrsAU$34.09kno data
Nevash Pillay
Member of Advisory Board2.3yrsno datano data
Marc Naidoo
Independent Non-Executive Director0.8yrsAU$45.10kno data
Carl Mogridge
Independent Non-Executive Director0.6yrsno data0.080% A$80.2k

0.8yrs

Average Tenure

Experienced Board: GSW's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GSW insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.


Top Shareholders

Company Information

GetSwift Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GetSwift Limited
  • Ticker: GSW
  • Exchange: ASX
  • Founded: 2015
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$100.874m
  • Shares outstanding: 188.55m
  • Website: https://www.getswift.co

Number of Employees


Location

  • GetSwift Limited
  • 1185 6th Avenue
  • New York
  • New York
  • 10036
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSWASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2016
GSWCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2016
GSWT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2016
G5TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2016

Biography

GetSwift Limited engages in the development and commercialization of logistics software in the United States, Australia, and internationally. It provides cloud-based SaaS platform for delivery operations to enterprises, medium and small sized businesses, food and restaurants, and cannabis sectors. The company was founded in 2015 and is headquartered in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 10:53
End of Day Share Price2020/02/26 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.