CNSX:MRBL

Stock Analysis Report

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Executive Summary

Marble Financial Inc. operated as financial technology company in Canada. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MRBL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: MRBL's weekly volatility (12%) has been stable over the past year.


Market Performance


7 Day Return

-4.0%

MRBL

7.3%

CA Consumer Finance

-0.5%

CA Market


1 Year Return

26.3%

MRBL

35.5%

CA Consumer Finance

1.6%

CA Market

Return vs Industry: MRBL underperformed the Canadian Consumer Finance industry which returned 34.9% over the past year.

Return vs Market: MRBL exceeded the Canadian Market which returned 1.7% over the past year.


Shareholder returns

MRBLIndustryMarket
7 Day-4.0%7.3%-0.5%
30 Day29.7%4.9%2.9%
90 Day60.0%42.3%12.2%
1 Year26.3%26.3%39.8%35.5%5.3%1.6%
3 Yearn/a107.4%95.7%13.1%2.3%
5 Yearn/a111.1%93.3%66.1%40.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Marble Financial is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Marble Financial 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 MRBL'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 Marble Financial regulatory filings.
  • Explore potentially undervalued companies in the Diversified Financials industry.

Future Growth

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

39.0%

Forecasted Diversified Financials 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 Marble Financial 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 Marble Financial performed over the past 5 years?

-38.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MRBL is currently unprofitable.

Growing Profit Margin: MRBL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRBL is unprofitable, and losses have increased over the past 5 years at a rate of 38.5% per year.

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

Earnings vs Industry: MRBL is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-17.2%).


Return on Equity

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


Next Steps

Financial Health

How is Marble Financial's financial position?


Financial Position Analysis

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

Long Term Liabilities: MRBL 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: MRBL has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet


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: MRBL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MRBL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Marble Financial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Karim Nanji

1.25yrs

Tenure

CA$159,175

Compensation

Mr. Karim Nanji has been the Chief Executive Officer and Director of Marble Financial Inc. since October 22, 2019 and served as its Chief Operating Officer since June 19, 2019 until October 22, 2019. Mr. N...


CEO Compensation Analysis

Compensation vs Market: Karim's total compensation ($USD124.99K) is about average for companies of similar size in the Canadian market ($USD153.12K).

Compensation vs Earnings: Insufficient data to compare Karim's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Michele Marrandino
Executive Chairman1.25yrsCA$126.00k4.1%
CA$ 791.3k
Karim Nanji
CEO & Director1.25yrsCA$159.18k1.49%
CA$ 286.8k
Natasha Tsai
Chief Financial Officer0.083yrno datano data
Chun Ming Chan
Chief Technology Officer1.33yrsno data0.62%
CA$ 120.0k
Rich Elliott
Director of Marketing & Creative1.33yrsno datano data
Toby Lim
Corporate Secretaryno datano datano data

1.3yrs

Average Tenure

63yo

Average Age

Experienced Management: MRBL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michele Marrandino
Executive Chairman1.25yrsCA$126.00k4.1%
CA$ 791.3k
Karim Nanji
CEO & Director1.25yrsCA$159.18k1.49%
CA$ 286.8k
Rahul Petkar
Member of Advisory Board1.75yrsno datano data
Vikas Ranjan
Independent Director3yrsno data1.96%
CA$ 378.0k
Jason Scharfe
Independent Director5.42yrsno data3.02%
CA$ 583.8k
Blake Elyea
Member of Advisory Board1.75yrsno datano data
Farhan Abbas
Independent Director1.25yrsno data1.44%
CA$ 278.4k
Jason Wang
Member of Advisory Board0.83yrno datano data

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: MRBL's board of directors are not considered experienced ( 1.5 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: MRBL 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 44.3%.


Top Shareholders

Company Information

Marble Financial Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Marble Financial Inc.
  • Ticker: MRBL
  • Exchange: CNSX
  • Founded: 2015
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: CA$19.304m
  • Shares outstanding: 80.43m
  • Website: https://mymarble.ca

Number of Employees


Location

  • Marble Financial Inc.
  • 1200-1166 Alberni Street
  • Vancouver
  • British Columbia
  • V6E 3Z3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRBLCNSX (Canadian National Stock Exchange)YesCommon StockCACADMar 2019
MRBL.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2019

Biography

Marble Financial Inc. operated as financial technology company in Canada. It engages in rebuilding the user credit by providing an unsecured loan to pay out their consumer proposal through technology solut...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 23:24
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.