| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
TRIP Stock Overview
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the legal recreational market in the Netherlands.
Red Light Holland Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.075 |
| 52 Week High | CA$0.34 |
| 52 Week Low | CA$0.07 |
| Beta | 1.25 |
| 1 Month Change | -21.05% |
| 3 Month Change | -31.82% |
| 1 Year Change | -76.92% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -57.14% |
Recent News & Updates
Shareholder Returns
| TRIP | CA Tobacco | CA Market | |
|---|---|---|---|
| 7D | -6.3% | 5.5% | 0.1% |
| 1Y | -76.9% | -64.9% | -2.6% |
Return vs Industry: TRIP underperformed the Canadian Tobacco industry which returned -65.5% over the past year.
Return vs Market: TRIP underperformed the Canadian Market which returned -4% over the past year.
Price Volatility
| TRIP volatility | |
|---|---|
| TRIP Average Weekly Movement | 10.6% |
| Tobacco Industry Average Movement | 12.9% |
| Market Average Movement | 10.0% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: TRIP is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TRIP's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Todd Shapiro | https://www.redlighttruffles.com |
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the legal recreational market in the Netherlands. The company is also involved in the wholesale of truffles, cannabis seeds, and other cannabis products; sale of microdose pack, a non-synthetic truffle microdosing kit; and sale of a line of merchandises. It sells its products under the iMicrodose brand name through smart shops operators and an advanced e-commerce platform, iMicrodose.nl.
Red Light Holland Fundamentals Summary
| TRIP fundamental statistics | |
|---|---|
| Market Cap | CA$27.03m |
| Earnings (TTM) | -CA$7.26m |
| Revenue (TTM) | CA$1.80m |
15.0x
P/S Ratio-3.7x
P/E RatioIs TRIP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TRIP income statement (TTM) | |
|---|---|
| Revenue | CA$1.80m |
| Cost of Revenue | CA$1.30m |
| Gross Profit | CA$500.91k |
| Other Expenses | CA$7.76m |
| Earnings | -CA$7.26m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.02 |
| Gross Margin | 27.84% |
| Net Profit Margin | -403.55% |
| Debt/Equity Ratio | 3.9% |
How did TRIP perform over the long term?
See historical performance and comparisonValuation
Is TRIP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TRIP?
Other financial metrics that can be useful for relative valuation.
| What is TRIP's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$27.03m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | -0.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TRIP's PS Ratio compare to its peers?
| TRIP PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 177.5x | ||
PODA Poda Holdings | 692.3x | n/a | CA$43.1m |
IONC Ionic Brands | 0.06x | n/a | CA$1.8m |
MEAT Modern Plant Based Foods | 11x | n/a | CA$30.0m |
BEV BevCanna Enterprises | 6.7x | n/a | CA$16.9m |
TRIP Red Light Holland | 15x | 57.4% | CA$27.0m |
Price-To-Sales vs Peers: TRIP is good value based on its Price-To-Sales Ratio (15x) compared to the peer average (177.5x).
Price to Earnings Ratio vs Industry
How does TRIP's PE Ratio compare vs other companies in the North American Tobacco Industry?
Price-To-Sales vs Industry: TRIP is expensive based on its Price-To-Sales Ratio (15x) compared to the North American Tobacco industry average (1.9x)
Price to Sales Ratio vs Fair Ratio
What is TRIP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 15x |
| Fair PS Ratio | 4.4x |
Price-To-Sales vs Fair Ratio: TRIP is expensive based on its Price-To-Sales Ratio (15x) compared to the estimated Fair Price-To-Sales Ratio (4.4x).
Share Price vs Fair Value
What is the Fair Price of TRIP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate TRIP's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate TRIP's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRIP's PEG Ratio to determine if it is good value.
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Future Growth
How is Red Light Holland forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
57.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TRIP's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if TRIP's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if TRIP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRIP's revenue (57.4% per year) is forecast to grow faster than the Canadian market (6.9% per year).
High Growth Revenue: TRIP's revenue (57.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRIP's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Red Light Holland performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-81.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIP is currently unprofitable.
Growing Profit Margin: TRIP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRIP is unprofitable, and losses have increased over the past 5 years at a rate of 81.5% per year.
Accelerating Growth: Unable to compare TRIP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRIP is unprofitable, making it difficult to compare its past year earnings growth to the Tobacco industry (6.9%).
Return on Equity
High ROE: TRIP has a negative Return on Equity (-18.31%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Red Light Holland's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TRIP's short term assets (CA$29.2M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: TRIP's short term assets (CA$29.2M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: TRIP has more cash than its total debt.
Reducing Debt: TRIP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TRIP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TRIP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 73.4% each year
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Dividend
What is Red Light Holland current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRIP'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 TRIP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRIP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TRIP has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Todd Shapiro (46 yo)
2.08yrs
Tenure
CA$226,280
Compensation
Mr. Todd Michael Shapiro served as Director at Datametrex AI Limited since May 25, 2020. He serves as Member of Advisory Board at The Hash Corporation since July 2021. He has a marketing entrepreneur and b...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD175.75K) is about average for companies of similar size in the Canadian market ($USD175.18K).
Compensation vs Earnings: Insufficient data to compare Todd's compensation with company performance.
Leadership Team
Experienced Management: TRIP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: TRIP's board of directors are not considered experienced ( 2 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: Insufficient data to determine if 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 4%.
Top Shareholders
Company Information
Red Light Holland Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Red Light Holland Corp.
- Ticker: TRIP
- Exchange: CNSX
- Founded: NaN
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: CA$27.026m
- Shares outstanding: 360.35m
- Website: https://www.redlighttruffles.com
Location
- Red Light Holland Corp.
- 1 Adelaide Street East
- Suite 801
- Toronto
- Ontario
- M5C 2V9
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/03/31 |
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.