CNSX:FLYY

Stock Analysis Report

Executive Summary

Media Central Corporation Inc. operates an information platform for the cannabis industry.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Media Central's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLYY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.0%

FLYY

16.0%

CA Interactive Media and Services

4.5%

CA Market


1 Year Return

n/a

FLYY

-40.7%

CA Interactive Media and Services

-24.5%

CA Market

Return vs Industry: Insufficient data to determine how FLYY performed against the Canadian Interactive Media and Services industry.

Return vs Market: Insufficient data to determine how FLYY performed against the Canadian Market.


Shareholder returns

FLYYIndustryMarket
7 Day10.0%16.0%4.5%
30 Day-45.0%-16.3%-20.1%
90 Day-21.4%-27.9%-24.9%
1 Yearn/a-40.1%-40.7%-22.0%-24.5%
3 Yearn/a-80.7%-81.4%-14.2%-22.2%
5 Yearn/a-67.7%-70.9%-1.9%-16.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Media Central undervalued compared to its fair value and its price relative to the market?

8.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FLYY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FLYY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FLYY is unprofitable, so we can't compare its PE Ratio to the Interactive Media and Services industry average.

PE vs Market: FLYY 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 FLYY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLYY is overvalued based on its PB Ratio (8.6x) compared to the CA Interactive Media and Services industry average (2.4x).


Next Steps

Future Growth

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

79.1%

Forecasted Media 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 Media Central 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 Media Central performed over the past 5 years?

31.8%

Historical Media annual earnings growth


Earnings and Revenue History

Quality Earnings: FLYY is currently unprofitable.

Growing Profit Margin: FLYY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if FLYY's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: FLYY is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (5.5%).


Return on Equity

High ROE: FLYY has a negative Return on Equity (-57.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Media Central's financial position?


Financial Position Analysis

Short Term Liabilities: FLYY's short term assets (CA$2.2M) exceed its short term liabilities (CA$41.7K).

Long Term Liabilities: FLYY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FLYY is debt free.

Reducing Debt: FLYY has not had any debt for past 5 years.


Balance Sheet

Inventory Level: FLYY has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FLYY's debt is 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: Insufficient data to determine if FLYY has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FLYY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Media Central's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if FLYY'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 FLYY'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?

CA$120k

CEO Compensation


CEO

Brian Kalish (49yo)

no data

Tenure

CA$120,000

Compensation

Mr. Brian Kalish is the Chief Executive Officer and and Director at Media Central Corporation Inc since October 28, 2019. He has been the Chief Executive Officer and President of Gemoscan Canada, Inc. sinc ...


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: FLYY only recently listed within the past 12 months.


Top Shareholders

Company Information

Media Central Corporation Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Media Central Corporation Inc.
  • Ticker: FLYY
  • Exchange: CNSX
  • Founded: 1999
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$17.815m
  • Shares outstanding: 323.91m
  • Website: https://www.mediacentralcorp.com

Location

  • Media Central Corporation Inc.
  • 27 Roytec Road
  • Suite 9B
  • Vaughan
  • Ontario
  • L4L 8E3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLYYCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2019
FBOPOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2019
3ATDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2019

Biography

Media Central Corporation Inc. operates an information platform for the cannabis industry. It operates CannCentral.com, a news, lifestyle, and community cannabis content platform. The company was incorporated in 1999 and is headquartered in Vaughan, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 04:00
End of Day Share Price2020/03/27 00:00
Earnings2019/05/31
Annual Earnings2019/05/31


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.