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Axion Ventures

TSXV:AXV
Snowflake Description

Slightly overvalued with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AXV
TSXV
CA$218M
Market Cap
  1. Home
  2. CA
  3. Media
Company description

Axion Ventures Inc. primarily develops and publishes online games for various platforms, consoles, PCs, and mobiles in China and internationally. The last earnings update was 20 days ago. More info.


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  • Axion Ventures has significant price volatility in the past 3 months.
AXV Share Price and Events
7 Day Returns
1.1%
TSXV:AXV
-2.3%
CA Entertainment
-0.2%
CA Market
1 Year Returns
7.2%
TSXV:AXV
-12.9%
CA Entertainment
-1.9%
CA Market
AXV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Axion Ventures (AXV) 1.1% -7.3% -21.2% 7.2% 122.5% -
CA Entertainment -2.3% 0.7% -3% -12.9% -47.6% -36.5%
CA Market -0.2% -1.6% 2.1% -1.9% 13.3% 4.3%
1 Year Return vs Industry and Market
  • AXV outperformed the Entertainment industry which returned -12.9% over the past year.
  • AXV outperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
AXV
Industry
5yr Volatility vs Market

Value

 Is Axion Ventures undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Axion Ventures to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Axion Ventures.

TSXV:AXV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:AXV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 1.16
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.164 (1 + (1- 26.5%) (6.76%))
1.148
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.148 * 5.96%)
8.79%

Discounted Cash Flow Calculation for TSXV:AXV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Axion Ventures is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:AXV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.79%)
2019 -3.40 Analyst x1 -3.13
2020 24.10 Analyst x1 20.36
2021 41.80 Analyst x1 32.46
2022 57.77 Est @ 38.21% 41.24
2023 73.56 Est @ 27.33% 48.27
2024 88.07 Est @ 19.72% 53.12
2025 100.74 Est @ 14.39% 55.85
2026 111.47 Est @ 10.65% 56.81
2027 120.43 Est @ 8.04% 56.42
2028 127.91 Est @ 6.21% 55.08
Present value of next 10 years cash flows $416.49
TSXV:AXV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $127.91 × (1 + 1.95%) ÷ (8.79% – 1.95%)
$1,905.45
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,905.45 ÷ (1 + 8.79%)10
$820.50
TSXV:AXV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $416.49 + $820.50
$1,236.99
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,236.99 / 245.14
$5.05
TSXV:AXV Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:AXV)
1.346
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $5.05 x 1.346
CA$6.79
Value per share (CAD) From above. CA$6.79
Current discount Discount to share price of CA$0.89
= -1 x (CA$0.89 - CA$6.79) / CA$6.79
86.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Axion Ventures is available for.
Intrinsic value
>50%
Share price is CA$0.89 vs Future cash flow value of CA$6.79
Current Discount Checks
For Axion Ventures to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Axion Ventures's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Axion Ventures's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Axion Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Axion Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:AXV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.04
TSXV:AXV Share Price ** TSXV (2019-05-17) in CAD CA$0.89
TSXV:AXV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.66
North America Entertainment Industry PE Ratio Median Figure of 21 Publicly-Listed Entertainment Companies 28.77x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 14.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Axion Ventures.

TSXV:AXV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:AXV Share Price ÷ EPS (both in USD)

= 0.66 ÷ -0.04

-14.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Axion Ventures is loss making, we can't compare its value to the North America Entertainment industry average.
  • Axion Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Axion Ventures's expected growth come at a high price?
Raw Data
TSXV:AXV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
North America Entertainment Industry PEG Ratio Median Figure of 17 Publicly-Listed Entertainment Companies 2.74x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Axion Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Axion Ventures's assets?
Raw Data
TSXV:AXV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.00
TSXV:AXV Share Price * TSXV (2019-05-17) in CAD CA$0.89
TSXV:AXV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.66
Canada Entertainment Industry PB Ratio Median Figure of 11 Publicly-Listed Entertainment Companies 1.19x
Canada Market PB Ratio Median Figure of 2,407 Publicly-Listed Companies 1.41x
TSXV:AXV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:AXV Share Price ÷ Book Value per Share (both in USD)

= 0.66 ÷ 0.00

-238.8x

* Primary Listing of Axion Ventures.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Axion Ventures has negative assets, we can't compare the value of its assets to the CA Entertainment industry average.
X
Value checks
We assess Axion Ventures's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Axion Ventures has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Axion Ventures expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.6%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Axion Ventures expected to grow at an attractive rate?
  • Unable to compare Axion Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Axion Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Axion Ventures's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSXV:AXV Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:AXV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 56.6%
North America Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 15.1%
Canada Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:AXV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:AXV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 81 65 1
2020-12-31 62 41 2
2019-12-31 27 9 2
TSXV:AXV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 9 -8 -9
2018-09-30 6 -7 -11
2018-06-30 7 -3 -9
2018-03-31 6 -3 -8
2017-12-31 7 -6 -7
2017-09-30 4 -4 -7
2017-06-30 4 -4 -6
2017-03-31 5 -3 -6
2016-12-31 7 -1 -4
2016-09-30 10 0 -5
2016-06-30 14 0 -2
2016-03-31 17 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Axion Ventures is high growth as no earnings estimate data is available.
  • Axion Ventures's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:AXV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Axion Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AXV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
TSXV:AXV Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.04
2017-12-31 -0.03
2017-09-30 -0.04
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.01
2016-09-30 -0.13
2016-06-30 -0.10
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Axion Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Axion Ventures's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Axion Ventures has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Axion Ventures performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Axion Ventures's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Axion Ventures does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Axion Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Axion Ventures's 1-year growth to the North America Entertainment industry average as it is not currently profitable.
Earnings and Revenue History
Axion Ventures's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Axion Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AXV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 8.92 -9.14 10.54 1.45
2018-09-30 6.42 -10.79 12.42 1.73
2018-06-30 6.82 -8.64 11.21 1.64
2018-03-31 6.48 -7.62 10.32 1.44
2017-12-31 6.66 -6.89 10.15 1.63
2017-09-30 3.91 -7.22 8.71 1.90
2017-06-30 4.41 -6.02 7.44 2.10
2017-03-31 5.39 -6.05 8.80 -1.22
2016-12-31 7.11 -4.11 6.13 2.38
2016-09-30 9.72 -4.60 8.91 -1.86
2016-06-30 13.53 -2.46 9.14 -2.36
2016-03-31 16.84 -0.31 9.68 1.83
2015-12-31 12.95 -0.52 8.51

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Axion Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Axion Ventures has efficiently used its assets last year compared to the North America Entertainment industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Axion Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Axion Ventures's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Axion Ventures has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Axion Ventures's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Axion Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Axion Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Axion Ventures's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Axion Ventures's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Axion Ventures has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Axion Ventures Company Filings, last reported 4 months ago.

TSXV:AXV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.93 10.96 2.94
2018-09-30 -2.54 8.91 3.74
2018-06-30 1.53 3.37 3.62
2018-03-31 4.23 0.90 4.25
2017-12-31 7.16 0.56 3.96
2017-09-30 9.25 0.00 5.85
2017-06-30 10.10 0.19 5.71
2017-03-31 11.89 0.00 7.59
2016-12-31 6.42 0.00 7.32
2016-09-30 11.22 0.00 7.58
2016-06-30 3.13 0.30 0.83
2016-03-31 1.45 0.00 2.27
2015-12-31 1.35 0.00 2.12
  • Axion Ventures has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Axion Ventures's debt level has increased considering it has negative shareholder equity.
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.

  • Axion Ventures has less than a year of cash runway based on current free cash flow.
  • Axion Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 46.7% each year.
X
Financial health checks
We assess Axion Ventures's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Axion Ventures has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Axion Ventures's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Axion Ventures dividends.
If you bought CA$2,000 of Axion Ventures shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Axion Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Axion Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:AXV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
North America Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:AXV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Axion Ventures has not reported any payouts.
  • Unable to verify if Axion Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Axion Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Axion Ventures has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Axion Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Axion Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Axion Ventures has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Axion Ventures's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Bonner
COMPENSATION $188,175
TENURE AS CEO 3 years
CEO Bio

Mr. John Todd Bonner has been the Chairman and Chief Executive Officer of Axion Ventures Inc. formerly known as Capstream Ventures Inc. since May 11, 2016 and May 25, 2016 respectively. Mr. Bonner serves as Corporate Secretary at Axion Ventures Inc. since May 2, 2019.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Axion Ventures management team in years:

2.7
Average Tenure
  • The tenure for the Axion Ventures management team is about average.
Management Team

John Bonner

TITLE
Chairman
COMPENSATION
$188K
TENURE
3 yrs

Grant Kim

TITLE
Executive Director
COMPENSATION
$188K
TENURE
2.7 yrs

Chris Bagguley

TITLE
Group Director of Finance
COMPENSATION
$188K

Steve Ng

TITLE
Chief Financial Officer
TENURE
1 yrs

Matthew Sroka

TITLE
Vice President of Corporate Development

Craig Rollins

TITLE
Executive
Board of Directors Tenure

Average tenure of the Axion Ventures board of directors in years:

2.9
Average Tenure
  • The average tenure for the Axion Ventures board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Bonner

TITLE
Chairman
COMPENSATION
$188K
TENURE
3 yrs

Grant Kim

TITLE
Executive Director
COMPENSATION
$188K
TENURE
2.8 yrs

Steve Willey

TITLE
Independent Director
AGE
64
TENURE
3 yrs

Yoshihiro Obata

TITLE
Independent Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Axion Ventures insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
15. May 19 Buy Grant Kim Individual 14. May 19 14. May 19 1,000 CA$0.87 CA$870
14. May 19 Buy Grant Kim Individual 07. May 19 10. May 19 15,000 CA$0.90 CA$13,357
07. May 19 Buy Grant Kim Individual 07. May 19 07. May 19 10,000 CA$0.90 CA$9,000
06. May 19 Buy Grant Kim Individual 03. May 19 03. May 19 15,500 CA$0.87 CA$13,485
18. Apr 19 Sell Craig Rollins Individual 17. Apr 19 17. Apr 19 -1,000 CA$1.00 CA$-1,000
17. Apr 19 Sell Craig Rollins Individual 12. Apr 19 16. Apr 19 -5,200 CA$1.00 CA$-5,210
11. Apr 19 Sell Craig Rollins Individual 09. Apr 19 09. Apr 19 -10,300 CA$1.05 CA$-10,815
21. Mar 19 Buy Nithinan Boonyawattanapisut Individual 21. Mar 19 21. Mar 19 5,750,000 CA$1.00 CA$5,749,999
21. Mar 19 Sell Nithinan Boonyawattanapisut Individual 19. Mar 19 19. Mar 19 -5,750,000 CA$1.00 CA$-5,749,996
18. Jan 19 Buy Grant Kim Individual 17. Jan 19 17. Jan 19 6,000 CA$0.86 CA$5,160
16. Jan 19 Buy Grant Kim Individual 15. Jan 19 16. Jan 19 2,000 CA$0.87 CA$1,737
15. Jan 19 Buy Grant Kim Individual 14. Jan 19 14. Jan 19 2,000 CA$0.86 CA$1,720
11. Jan 19 Buy Grant Kim Individual 11. Jan 19 11. Jan 19 3,000 CA$0.88 CA$2,640
10. Jan 19 Buy Grant Kim Individual 09. Jan 19 09. Jan 19 4,000 CA$0.88 CA$3,520
09. Jan 19 Buy Grant Kim Individual 09. Jan 19 09. Jan 19 17,000 CA$0.89 CA$15,130
07. Jan 19 Buy Grant Kim Individual 04. Jan 19 04. Jan 19 3,500 CA$0.87 CA$3,045
03. Jan 19 Buy Grant Kim Individual 02. Jan 19 02. Jan 19 4,000 CA$0.89 CA$3,560
02. Jan 19 Buy Grant Kim Individual 31. Dec 18 31. Dec 18 5,000 CA$0.89 CA$4,450
21. Dec 18 Buy Grant Kim Individual 21. Dec 18 21. Dec 18 13,000 CA$0.88 CA$11,440
20. Dec 18 Buy Grant Kim Individual 18. Dec 18 18. Dec 18 7,000 CA$0.90 CA$6,300
18. Dec 18 Buy Grant Kim Individual 18. Dec 18 18. Dec 18 7,000 CA$0.90 CA$6,300
15. Dec 18 Buy Grant Kim Individual 14. Dec 18 14. Dec 18 3,000 CA$0.89 CA$2,670
13. Dec 18 Buy Grant Kim Individual 11. Dec 18 13. Dec 18 10,000 CA$0.90 CA$8,989
06. Dec 18 Buy Grant Kim Individual 06. Dec 18 06. Dec 18 2,000 CA$0.89 CA$1,780
05. Dec 18 Buy Grant Kim Individual 05. Dec 18 05. Dec 18 2,000 CA$0.90 CA$1,800
30. Nov 18 Buy Grant Kim Individual 29. Nov 18 29. Nov 18 2,500 CA$0.90 CA$2,250
29. Nov 18 Buy Grant Kim Individual 28. Nov 18 28. Nov 18 9,000 CA$0.90 CA$8,100
27. Nov 18 Buy Grant Kim Individual 26. Nov 18 27. Nov 18 14,500 CA$0.94 CA$13,634
26. Nov 18 Buy Grant Kim Individual 22. Nov 18 23. Nov 18 5,500 CA$0.93 CA$5,071
19. Nov 18 Buy Grant Kim Individual 19. Nov 18 19. Nov 18 10,000 CA$0.95 CA$9,500
18. Nov 18 Buy Grant Kim Individual 15. Nov 18 15. Nov 18 5,000 CA$0.95 CA$4,750
12. Nov 18 Buy Grant Kim Individual 12. Nov 18 12. Nov 18 28,000 CA$1.05 CA$29,400
09. Nov 18 Buy Grant Kim Individual 09. Nov 18 09. Nov 18 27,000 CA$1.06 CA$28,620
08. Nov 18 Buy Grant Kim Individual 08. Nov 18 08. Nov 18 29,000 CA$1.09 CA$31,610
07. Nov 18 Buy Grant Kim Individual 07. Nov 18 07. Nov 18 7,000 CA$1.13 CA$7,910
02. Nov 18 Buy Grant Kim Individual 02. Nov 18 02. Nov 18 46,600 CA$1.15 CA$53,590
18. Oct 18 Buy Grant Kim Individual 17. Oct 18 17. Oct 18 2,000 CA$0.94 CA$1,880
12. Oct 18 Buy Grant Kim Individual 12. Oct 18 12. Oct 18 4,500 CA$0.89 CA$4,005
10. Oct 18 Buy Grant Kim Individual 10. Oct 18 10. Oct 18 1,000 CA$0.90 CA$900
09. Oct 18 Buy Grant Kim Individual 09. Oct 18 09. Oct 18 2,000 CA$0.90 CA$1,800
05. Oct 18 Buy Grant Kim Individual 04. Oct 18 04. Oct 18 1,000 CA$0.87 CA$870
03. Oct 18 Buy Grant Kim Individual 02. Oct 18 02. Oct 18 2,000 CA$0.88 CA$1,760
01. Oct 18 Buy Grant Kim Individual 01. Oct 18 01. Oct 18 5,000 CA$0.89 CA$4,450
28. Sep 18 Buy Grant Kim Individual 28. Sep 18 28. Sep 18 5,000 CA$0.88 CA$4,400
27. Sep 18 Buy Grant Kim Individual 26. Sep 18 26. Sep 18 2,000 CA$0.87 CA$1,740
17. Sep 18 Buy Grant Kim Individual 17. Sep 18 17. Sep 18 10,000 CA$0.88 CA$8,800
14. Sep 18 Buy Grant Kim Individual 13. Sep 18 13. Sep 18 1,000 CA$0.88 CA$880
06. Sep 18 Buy Grant Kim Individual 06. Sep 18 06. Sep 18 14,000 CA$0.83 CA$11,620
05. Sep 18 Buy Grant Kim Individual 05. Sep 18 05. Sep 18 500 CA$0.83 CA$415
31. Aug 18 Buy Grant Kim Individual 31. Aug 18 31. Aug 18 12,000 CA$0.87 CA$10,440
24. Aug 18 Buy Grant Kim Individual 17. Aug 18 17. Aug 18 34,000 CA$0.85 CA$28,900
22. Aug 18 Buy Grant Kim Individual 21. Aug 18 21. Aug 18 4,000 CA$0.89 CA$3,560
21. Aug 18 Buy Grant Kim Individual 19. Aug 18 19. Aug 18 3,000 CA$0.88 CA$2,640
17. Aug 18 Buy Grant Kim Individual 16. Aug 18 16. Aug 18 21,800 CA$0.83 CA$18,094
15. Aug 18 Buy Grant Kim Individual 14. Aug 18 14. Aug 18 2,000 CA$0.83 CA$1,660
10. Aug 18 Buy Grant Kim Individual 10. Aug 18 10. Aug 18 3,000 CA$0.84 CA$2,520
07. Aug 18 Buy Grant Kim Individual 07. Aug 18 07. Aug 18 1,000 CA$0.89 CA$890
03. Aug 18 Buy Grant Kim Individual 03. Aug 18 03. Aug 18 18,000 CA$0.86 CA$15,480
01. Aug 18 Buy Grant Kim Individual 30. Jul 18 30. Jul 18 8,500 CA$0.88 CA$7,480
27. Jul 18 Buy Grant Kim Individual 26. Jul 18 26. Jul 18 2,000 CA$0.90 CA$1,800
25. Jul 18 Buy Grant Kim Individual 23. Jul 18 23. Jul 18 8,500 CA$0.90 CA$7,650
11. Jul 18 Buy Grant Kim Individual 10. Jul 18 10. Jul 18 665,000 CA$0.90 CA$598,500
11. Jul 18 Sell Grant Kim Individual 09. Jul 18 09. Jul 18 -285,000 CA$0.90 CA$-256,500
11. Jul 18 Buy Grant Kim Individual 10. Jul 18 11. Jul 18 18,000 CA$0.90 CA$16,216
14. Jul 18 Buy Grant Kim Individual 12. Jul 18 12. Jul 18 2,000 CA$0.89 CA$1,780
14. Jul 18 Buy Grant Kim Individual 13. Jul 18 13. Jul 18 11,000 CA$0.91 CA$10,010
09. Jul 18 Sell Grant Kim Individual 06. Jul 18 06. Jul 18 -323,500 CA$0.90 CA$-291,150
03. Jul 18 Buy Grant Kim Individual 29. Jun 18 03. Jul 18 3,000 CA$0.90 CA$2,701
04. Jul 18 Buy Grant Kim Individual 04. Jul 18 04. Jul 18 5,000 CA$0.89 CA$4,450
28. Jun 18 Buy Grant Kim Individual 26. Jun 18 26. Jun 18 500 CA$0.87 CA$435
18. Jun 18 Buy Grant Kim Individual 15. Jun 18 15. Jun 18 4,500 CA$0.88 CA$3,960
15. Jun 18 Buy Grant Kim Individual 11. Jun 18 11. Jun 18 18,000 CA$0.89 CA$16,020
14. Jun 18 Buy Grant Kim Individual 13. Jun 18 13. Jun 18 500 CA$0.89 CA$445
12. Jun 18 Buy Grant Kim Individual 11. Jun 18 11. Jun 18 7,000 CA$0.89 CA$6,230
06. Jun 18 Buy Grant Kim Individual 06. Jun 18 06. Jun 18 11,500 CA$0.87 CA$10,005
04. Jun 18 Buy Grant Kim Individual 04. Jun 18 04. Jun 18 20,500 CA$0.90 CA$18,450
X
Management checks
We assess Axion Ventures's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Axion Ventures has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Could The Axion Ventures Inc. (CVE:AXV) Ownership Structure Tell Us Something Useful?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Axion Ventures is a smaller company with a market capitalization of CA$270m, so it may still be flying under the radar of many institutional investors. … institutional investors have not yet purchased shares

Simply Wall St -

Do Directors Own Axion Ventures Inc (CVE:AXV) Shares?

A look at the shareholders of Axion Ventures Inc (CVE:AXV) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Axion Ventures is not a large company by global standards.

Simply Wall St -

Axion Ventures Inc (CVE:AXV): Does The Earnings Decline Make It An Underperformer?

Examining Axion Ventures Inc's (CVE:AXV) past track record of performance is an insightful exercise for investors. … Today I will assess AXV's latest performance announced on 31 March 2018 and compare these figures to its longer term trend and industry movements. … View out our latest analysis for Axion Ventures?

Simply Wall St -

Breaking Down Axion Ventures Inc's (CVE:AXV) Ownership Structure

See our latest analysis for Axion Ventures TSXV:AXV Ownership_summary Apr 13th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … A major group of owners of AXV is individual insiders, sitting with a hefty 46.29% stake in the company. … Public Company Ownership Another group of owners that a potential investor in AXV should consider are other public companies, with a stake of 8.43%.

Simply Wall St -

What is Behind Axion Ventures Inc's (CVE:AXV) Superior ROE?

See our latest analysis for Axion Ventures Breaking down Return on Equity Return on Equity (ROE) is a measure of Axion Ventures’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Axion Ventures’s equity capital deployed. … Since Axion Ventures’s return covers its cost in excess of 81.77%, its use of equity capital is efficient and likely to be sustainable.

Simply Wall St -

Is Axion Ventures Inc (TSXV:AXV) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for AXV Price per share = CA$0.59 Earnings per share = CA$1.036 ∴ Price-Earnings Ratio = CA$0.59 ÷ CA$1.036 = 0.6x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared lower risk firms with AXV, then investors would naturally value AXV at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with AXV, investors would also value AXV at a lower price since it is a lower growth investment.

Simply Wall St -

Company Info

Description

Axion Ventures Inc. primarily develops and publishes online games for various platforms, consoles, PCs, and mobiles in China and internationally. The company also develops display technology based on eyewear and contact lenses; and HotNow, a marketing automation platform for retailers to offer various promotions. In addition, it is involved in game development, game designing, and the licensing of published games and software; and the provision of training classes for game design. The company is headquartered in Vancouver, Canada.

Details
Name: Axion Ventures Inc.
AXV
Exchange: TSXV
Founded:
CA$218,176,594
245,142,241
Website: http://axionventures.com
Address: Axion Ventures Inc.
1500-409 Granville Street,
Vancouver,
British Columbia, V6C 1T2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AXV Common Shares TSX Venture Exchange CA CAD 12. May 2016
OTCPK AXNV.F Common Shares Pink Sheets LLC US USD 12. May 2016
DB 2A5 Common Shares Deutsche Boerse AG DE EUR 12. May 2016
Number of employees
Current staff
Staff numbers
21
Axion Ventures employees.
Industry
Interactive Home Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 02:47
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.