GreenSpace Brands
Market Cap
CA$27.7m
Last Updated
2021/03/08 23:11 UTC
Data Sources
Company Financials
Executive Summary
GreenSpace Brands Inc. develops, markets, and sells organic and natural food products to consumers in Canada and the United States. More Details
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has GreenSpace Brands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JTR is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: JTR's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
-17.6%
JTR
-1.0%
CA Food
1.0%
CA Market
1 Year Return
7.7%
JTR
29.5%
CA Food
29.0%
CA Market
Return vs Industry: JTR underperformed the Canadian Food industry which returned 18.3% over the past year.
Return vs Market: JTR underperformed the Canadian Market which returned 15.9% over the past year.
Shareholder returns
| JTR | Industry | Market | |
|---|---|---|---|
| 7 Day | -17.6% | -1.0% | 1.0% |
| 30 Day | -33.3% | -1.4% | 2.1% |
| 90 Day | 40.0% | 1.6% | 7.0% |
| 1 Year | 7.7%7.7% | 32.2%29.5% | 33.8%29.0% |
| 3 Year | -95.0%-95.0% | -1.5%-6.7% | 25.2%13.4% |
| 5 Year | -91.5%-91.5% | 23.5%13.5% | 57.6%33.8% |
Long-Term Price Volatility Vs. Market
How volatile is GreenSpace Brands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall St
Does The GreenSpace Brands Inc. (CVE:JTR) Share Price Tend To Follow The Market?10 months ago | Simply Wall St
What Kind Of Shareholder Appears On The GreenSpace Brands Inc.'s (CVE:JTR) Shareholder Register?11 months ago | Simply Wall St
Is GreenSpace Brands Inc.'s (CVE:JTR) CEO Paid Enough Relative To Peers?Valuation
Is GreenSpace Brands undervalued compared to its fair value and its price relative to the market?
3.2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate JTR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate JTR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: JTR is unprofitable, so we can't compare its PE Ratio to the CA Food industry average.
PE vs Market: JTR 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 JTR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JTR's PB Ratio (3.2x) is in line with the CA Food industry average.
Next Steps
Future Growth
How is GreenSpace Brands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.0%
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 GreenSpace Brands 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
- Take a look at our analysis of JTR’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.
- GreenSpace Brands 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 GreenSpace Brands performed over the past 5 years?
-47.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JTR is currently unprofitable.
Growing Profit Margin: JTR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JTR is unprofitable, and losses have increased over the past 5 years at a rate of 47.9% per year.
Accelerating Growth: Unable to compare JTR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JTR is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (63.1%).
Return on Equity
High ROE: JTR has a negative Return on Equity (-403.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is GreenSpace Brands's financial position?
Financial Position Analysis
Short Term Liabilities: JTR's short term assets (CA$14.9M) do not cover its short term liabilities (CA$22.2M).
Long Term Liabilities: JTR's short term assets (CA$14.9M) exceed its long term liabilities (CA$2.5M).
Debt to Equity History and Analysis
Debt Level: JTR's debt to equity ratio (200%) is considered high.
Reducing Debt: JTR's debt to equity ratio has increased from 51.5% to 200% over the past 5 years.
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: JTR has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JTR is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is GreenSpace Brands's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JTR'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 JTR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JTR'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 JTR'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?
1.4yrs
Average management tenure
CEO
Paul Henderson
0.67
Tenure
CA$30,247
Compensation
Mr. Paul K. Henderson serves as an Executive Chairman of GreenSpace Brands Inc. since February 26, 2020 and has been its Interim Chief Executive Officer since July 17, 2020. Mr. Henderson is an experienced...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD23.83K) is below average for companies of similar size in the Canadian market ($USD151.87K).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Interim CEO | 0.67yr | CA$30.25k | no data | |
| President of Galaxy Nutritionals | 1.83yrs | CA$243.00k | no data | |
| Chief Financial Officer | 0.92yr | no data | no data | |
| President of Central Roast | 1.83yrs | no data | no data |
1.4yrs
Average Tenure
Experienced Management: JTR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Interim CEO | 0.67yr | CA$30.25k | no data | |
| Independent Director | 1.5yrs | CA$10.20k | no data | |
| Director | 1.08yrs | no data | no data | |
| Independent Director | 0.67yr | no data | no data |
1.1yrs
Average Tenure
Experienced Board: JTR's board of directors are not considered experienced ( 1.1 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 substantially diluted in the past year, with total shares outstanding growing by 189.3%.
Top Shareholders
Company Information
GreenSpace Brands Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: GreenSpace Brands Inc.
- Ticker: JTR
- Exchange: TSXV
- Founded: NaN
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$27.705m
- Shares outstanding: 395.79m
- Website: https://www.greenspacebrands.ca
Number of Employees
Location
- GreenSpace Brands Inc.
- 176 St. George Street
- Toronto
- Ontario
- M5R 2M7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JTR | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | May 2015 |
| 4G7 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | May 2015 |
Biography
GreenSpace Brands Inc. develops, markets, and sells organic and natural food products to consumers in Canada and the United States. The company provides snack food products, such as raw and roasted nuts, s...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 23:11 |
| End of Day Share Price | 2021/03/08 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.