Red Light Holland
Market Cap
CA$125.2m
Last Updated
2021/03/04 23:56 UTC
Data Sources
Company Financials
Executive Summary
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the legal recreational market in the Netherlands. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Red Light Holland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRIP is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 32% a week.
Volatility Over Time: TRIP's weekly volatility has increased from 23% to 32% over the past year.
Market Performance
7 Day Return
-32.3%
TRIP
-2.0%
CA Tobacco
-0.8%
CA Market
1 Year Return
n/a
TRIP
3.8%
CA Tobacco
12.5%
CA Market
Return vs Industry: Insufficient data to determine how TRIP performed against the Canadian Tobacco industry.
Return vs Market: Insufficient data to determine how TRIP performed against the Canadian Market.
Shareholder returns
| TRIP | Industry | Market | |
|---|---|---|---|
| 7 Day | -32.3% | -2.0% | -0.8% |
| 30 Day | -35.1% | -7.6% | 2.1% |
| 90 Day | 200.0% | 7.7% | 5.8% |
| 1 Year | n/a | 13.4%3.8% | 16.6%12.5% |
| 3 Year | n/a | -15.6%-31.2% | 23.1%11.4% |
| 5 Year | n/a | -6.7%-29.3% | 56.4%32.8% |
Long-Term Price Volatility Vs. Market
How volatile is Red Light Holland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
We Think Red Light Holland (CSE:TRIP) Can Afford To Drive Business GrowthValuation
Is Red Light Holland undervalued compared to its fair value and its price relative to the market?
10.08x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TRIP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRIP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRIP is unprofitable, so we can't compare its PE Ratio to the XX Tobacco industry average.
PE vs Market: TRIP is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRIP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRIP is overvalued based on its PB Ratio (10.1x) compared to the XN Tobacco industry average (7.2x).
Next Steps
Future Growth
How is Red Light Holland forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.5%
Forecasted Food, Beverage & Tobacco 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 Red Light Holland 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
- Examine Red Light Holland's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Red Light Holland competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Red Light Holland performed over the past 5 years?
-72.8%
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 72.8% 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 (2.5%).
Return on Equity
High ROE: TRIP has a negative Return on Equity (-8.73%), as it is currently unprofitable.
Next Steps
Financial Health
How is Red Light Holland's financial position?
Financial Position Analysis
Short Term Liabilities: TRIP's short term assets (CA$12.1M) exceed its short term liabilities (CA$588.9K).
Long Term Liabilities: TRIP's short term assets (CA$12.1M) exceed its long term liabilities (CA$86.3K).
Debt to Equity History and Analysis
Debt Level: TRIP's debt to equity ratio (0.6%) is considered satisfactory.
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 1.7 years if free cash flow continues to reduce at historical rates of 77.2% each year.
Next Steps
Dividend
What is Red Light Holland current dividend yield, its reliability and sustainability?
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.
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 TRIP'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?
0.8yrs
Average management tenure
CEO
Todd Shapiro (45 yo)
0.83
Tenure
Mr. Todd Michael Shapiro serves as Director at Datametrex AI Limited since May 25, 2020. He is Chief Executive Officer of Red Light Holland Corp since May 25, 2020 and its Director since May 22, 2020. He s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 0.83yr | no data | 2.92% CA$ 3.7m | |
| President | 0.83yr | no data | no data | |
| Chief Financial Officer | 0.83yr | no data | 0.15% CA$ 190.0k | |
| Senior Advisor of Advisory Board | 0.75yr | no data | no data | |
| Head of Design | 0.25yr | no data | no data | |
| Corporate Secretary | 0.75yr | no data | no data | |
| Chief Compliance Officer & VP of Northern Securities Inc | no data | CA$175.00k | no data |
0.8yrs
Average Tenure
45yo
Average Age
Experienced Management: TRIP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 0.83yr | no data | 2.92% CA$ 3.7m | |
| Independent Director | 2yrs | no data | 0.051% CA$ 63.3k | |
| Independent Director | 0.83yr | no data | 1.32% CA$ 1.6m | |
| Independent Director | 0.67yr | no data | 0.96% CA$ 1.2m | |
| Member of Advisory Board | 0.75yr | no data | no data | |
| Chairman of Advisory Board | no data | no data | no data | |
| Senior Advisor of Advisory Board | 0.25yr | no data | no data |
0.8yrs
Average Tenure
Experienced Board: TRIP'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: TRIP only recently listed within the past 12 months, with total shares outstanding growing by 38594.5% in the past year..
Top Shareholders
Company Information
Red Light Holland Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Red Light Holland Corp.
- Ticker: TRIP
- Exchange: CNSX
- Founded: 1982
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$125.188m
- Shares outstanding: 329.44m
- Website: https://www.redlighttruffles.com
Location
- Red Light Holland Corp.
- 1 Adelaide Street East
- Suite 801
- Toronto
- Ontario
- M5C 2V9
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRIP | CNSX (Canadian National Stock Exchange) | Yes | Share Capital | CA | CAD | May 2020 |
| 4YX | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | May 2020 |
| TRUF.F | OTCPK (Pink Sheets LLC) | Yes | Share Capital | US | USD | May 2020 |
Biography
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the legal recreational market in the Netherlands. It sells its products under the iMicrodose brand name through...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 23:56 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.