CNSX:NTAR

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NexTech AR Solutions

Executive Summary

NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.

Share Price & News

How has NexTech AR Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: NTAR's weekly volatility has decreased from 23% to 12% over the past year.


Market Performance


7 Day Return

-11.1%

NTAR

3.7%

CA Interactive Media and Services

2.8%

CA Market


1 Year Return

227.6%

NTAR

94.6%

CA Interactive Media and Services

-0.3%

CA Market

Return vs Industry: NTAR exceeded the Canadian Interactive Media and Services industry which returned 106.9% over the past year.

Return vs Market: NTAR exceeded the Canadian Market which returned -0.5% over the past year.


Shareholder returns

NTARIndustryMarket
7 Day-11.1%3.7%2.8%
30 Day-16.2%12.7%10.0%
90 Day11.5%38.8%5.7%
1 Year227.6%227.6%96.1%94.6%3.3%-0.3%
3 Yearn/a35.4%31.8%12.2%1.3%
5 Yearn/a8.6%2.4%49.1%26.2%

Long-Term Price Volatility Vs. Market

How volatile is NexTech AR Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NexTech AR Solutions undervalued compared to its fair value and its price relative to the market?

20.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NTAR is overvalued based on its PB Ratio (20.2x) compared to the CA Interactive Media and Services industry average (8.7x).


Next Steps

Future Growth

How is NexTech AR Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

163.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTAR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: NTAR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NTAR's is expected to become profitable in the next 3 years.

Revenue vs Market: NTAR's revenue (65.3% per year) is forecast to grow faster than the Canadian market (6.1% per year).

High Growth Revenue: NTAR's revenue (65.3% 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 NTAR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has NexTech AR Solutions performed over the past 5 years?

-108.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NTAR is currently unprofitable.

Growing Profit Margin: NTAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NTAR's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: NTAR is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (8.8%).


Return on Equity

High ROE: NTAR has a negative Return on Equity (-54.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is NexTech AR Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: NTAR's short term assets (CA$20.7M) exceed its short term liabilities (CA$3.8M).

Long Term Liabilities: NTAR's short term assets (CA$20.7M) exceed its long term liabilities (CA$1.0M).


Debt to Equity History and Analysis

Debt Level: NTAR is debt free.

Reducing Debt: NTAR had no debt 5 years ago.


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: NTAR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NTAR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 33.9% each year


Next Steps

Dividend

What is NexTech AR Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate NTAR'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 NTAR's dividends per share have been stable in the past.

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

0.3yrs

Average management tenure


CEO

Evan Gappelberg

2.83yrs

Tenure

CA$286,192

Compensation

Mr. Evan Gappelberg serves as Chief Executive Officer and Director at NexTech AR Solutions Corp. since January 12, 2018. Mr. Gappelberg serves as an Advisor of Future Farm Technologies Inc. He served as Ma...


CEO Compensation Analysis

Compensation vs Market: Evan's total compensation ($USD219.87K) is below average for companies of similar size in the Canadian market ($USD908.86K).

Compensation vs Earnings: Evan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Evan Gappelberg
CEO & Director2.83yrsCA$286.19k8.67%
CA$ 43.1m
John Duffy
President & Director2.75yrsCA$157.74k4.48%
CA$ 22.2m
Kashif Malik
Chief Financial Officer1.08yrsCA$109.70kno data
Belinda Tyldesley
Corporate Secretary & Independent Director2.67yrsCA$16.81k0.38%
CA$ 1.9m
Eugen Winschel
Chief Operating Officer0.25yrno data0.15%
CA$ 761.5k
Guillaume Pascual
Chief Marketing Officerno datano datano data
Andrew Crow
Senior Vice President of Sales0.33yrno datano data
Mike Curridor
Senior Vice President of Sales0.33yrno datano data
James Barnett
Senior Vice President of Sales0.33yrno datano data
Dawsyn Borland
Head of AR Labs0.25yrno datano data
Vivian Chan
Chief Channel Officer0.083yrno datano data
Yau Boon Lim
President & MD of Asia-Pacificno datano datano data

0.3yrs

Average Tenure

Experienced Management: NTAR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Evan Gappelberg
CEO & Director2.83yrsCA$286.19k8.67%
CA$ 43.1m
John Duffy
President & Director2.75yrsCA$157.74k4.48%
CA$ 22.2m
Belinda Tyldesley
Corporate Secretary & Independent Director2.67yrsCA$16.81k0.38%
CA$ 1.9m
Ori Inbar
Member of Advisory Board & Independent Director1.5yrsno datano data
Scott Starr
Member of Advisory Board1.5yrsno datano data
David Cramb
Director0.083yrno datano data

2.1yrs

Average Tenure

Experienced Board: NTAR's board of directors are not considered experienced ( 2.1 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 diluted in the past year, with total shares outstanding growing by 23.3%.


Top Shareholders

Company Information

NexTech AR Solutions Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NexTech AR Solutions Corp.
  • Ticker: NTAR
  • Exchange: CNSX
  • Founded: 2018
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$496.835m
  • Shares outstanding: 74.38m
  • Website: https://www.nextechar.com

Location

  • NexTech AR Solutions Corp.
  • 349 Carlaw Avenue
  • Suite 304
  • Toronto
  • Ontario
  • M4M 2T1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NTARCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2018
N29DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2018
NEXC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2018

Biography

NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. The company offers ARitize eCommerce, the browser-based and Web enabled AR shopping platform; Nex...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:31
End of Day Share Price2020/11/26 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.