TSXV:JP

Stock Analysis Report

Executive Summary

Jackpot Digital Inc. develops, leases, and provides electronic table games.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

JP

-0.3%

CA Hospitality

-0.1%

CA Market


1 Year Return

-84.6%

JP

-10.0%

CA Hospitality

0.9%

CA Market

Return vs Industry: JP underperformed the Canadian Hospitality industry which returned -10% over the past year.

Return vs Market: JP underperformed the Canadian Market which returned 0.9% over the past year.


Shareholder returns

JPIndustryMarket
7 Day0%-0.3%-0.1%
30 Day0%7.8%-2.1%
90 Day-62.5%6.0%-1.6%
1 Year-84.6%-84.6%-9.4%-10.0%4.4%0.9%
3 Year-80.0%-80.0%40.5%36.6%15.5%5.2%
5 Year-95.4%-95.4%12.3%8.9%25.7%7.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Jackpot Digital is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Jackpot Digital has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of JP’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Jackpot Digital regulatory filings.
  • Explore potentially undervalued companies in the Consumer Services industry.

Future Growth

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

45.8%

Forecasted Consumer Services 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 Jackpot Digital 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 Jackpot Digital performed over the past 5 years?

-11.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JP is unprofitable, and losses have increased over the past 5 years at a rate of -11.6% per year.

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

Earnings vs Industry: JP is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-12.2%).


Return on Equity

High ROE: JP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: JP is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: JP is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Jackpot Digital's financial position?


Financial Position Analysis

Short Term Liabilities: JP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: JP has a high level of physical assets or inventory.

Debt Coverage by Assets: JP has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: JP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: JP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -11.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if JP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JP'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 JP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Jackpot Digital's salary, the management and board of directors tenure and is there insider trading?

11.8yrs

Average management tenure


CEO

Jake Kalpakian (51yo)

0yrs

Tenure

CA$220,099

Compensation

Mr. Jacob Hagop Kalpakian, also known as Jake, has been the Chief Executive Officer and President of 37 Capital Inc. since April 01, 2017. Mr. Kalpakian has been the Chief Executive Officer and President o ...


CEO Compensation Analysis

Compensation vs. Market: Jake's total compensation ($USD0.00) is too low to compare against companies of similar size in the Canadian market ($USD121.34K).

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


Management Age and Tenure

11.8yrs

Average Tenure

51yo

Average Age

Experienced Management: JP's management team is seasoned and experienced (11.8 years average tenure).


Board Age and Tenure

22.1yrs

Average Tenure

58.5yo

Average Age

Experienced Board: JP's board of directors are seasoned and experienced ( 22.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellCA$5,99920 Jun 19
30 Rock Management Inc
EntityCompany
Shares60,000
Max PriceCA$0.10
SellCA$4,49510 Jun 19
30 Rock Management Inc
EntityCompany
Shares45,000
Max PriceCA$0.10
BuyCA$54,00001 Mar 19
Bedo Kalpakian
EntityIndividual
Role
Chairman of the Board
Chairman & CFO
Shares400,000
Max PriceCA$0.14
BuyCA$54,00001 Mar 19
Jacob Kalpakian
EntityIndividual
Role
Chief Executive Officer
Co-founder
Shares400,000
Max PriceCA$0.14
BuyCA$44,55015 Feb 19
Bedo Kalpakian
EntityIndividual
Role
Chairman of the Board
Chairman & CFO
Shares330,000
Max PriceCA$0.14
BuyCA$30,00008 Nov 18
Bedo Kalpakian
EntityIndividual
Role
Chairman of the Board
Chairman & CFO
Shares150,000
Max PriceCA$0.20
BuyCA$22,00029 Oct 18
Jacob Kalpakian
EntityIndividual
Role
Chief Executive Officer
Co-founder
Shares110,000
Max PriceCA$0.20

Ownership Breakdown


Management Team

  • Bedo Kalpakian (73yo)

    Chairman & CFO

    • Tenure: 28.8yrs
    • Compensation: CA$207.32k
  • Jake Kalpakian (51yo)

    Co-founder

    • Tenure: 0yrs
    • Compensation: CA$220.10k
  • Howard Blank

    Senior VP of Corporate Development & Director

    • Tenure: 0.4yrs
  • Maria Arenas (50yo)

    Corporate Secretary

    • Tenure: 11.8yrs
  • Adam Fritz

    Chief Operating Officer

    • Tenure: 0yrs

Board Members

  • Bedo Kalpakian (73yo)

    Chairman & CFO

    • Tenure: 28.8yrs
    • Compensation: CA$207.32k
  • Jake Kalpakian (51yo)

    Co-founder

    • Tenure: 0yrs
    • Compensation: CA$220.10k
  • Neil Spellman (66yo)

    Independent Director

    • Tenure: 17.3yrs
  • Gregory McFarlane (51yo)

    Independent Director

    • Tenure: 27yrs
  • Howard Blank

    Senior VP of Corporate Development & Director

    • Tenure: 0.4yrs
  • Alan Artunian

    Independent Director

    • Tenure: 2.8yrs

Company Information

Jackpot Digital Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jackpot Digital Inc.
  • Ticker: JP
  • Exchange: TSXV
  • Founded:
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: CA$3.864m
  • Shares outstanding: 128.79m
  • Website: https://www.jackpotdigital.com

Number of Employees


Location

  • Jackpot Digital Inc.
  • 570 Granville Street
  • Suite 400
  • Vancouver
  • British Columbia
  • V6C 3P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JPTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
JPOT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
LVH2DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988

Biography

Jackpot Digital Inc. develops, leases, and provides electronic table games. The company offers multi-player gaming products, such as poker and casino games to cruise ship industry and regulated casino indu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:36
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.