MKT Stock Overview
DeepMarkit Corp. develops and operates digital marketing/promotions platform for retailers and other businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.60|
|52 Week High||CA$0.68|
|52 Week Low||CA$0.26|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||100.00%|
|3 Year Change||20.00%|
|5 Year Change||-92.94%|
|Change since IPO||-96.00%|
Recent News & Updates
Shareholders Will Likely Find DeepMarkit Corp.'s (CVE:MKT) CEO Compensation Acceptable
Performance at DeepMarkit Corp. ( CVE:MKT ) has been rather uninspiring recently and shareholders may be wondering how...
|MKT||CA Interactive Media and Services||CA Market|
Return vs Industry: MKT exceeded the Canadian Interactive Media and Services industry which returned -55.5% over the past year.
Return vs Market: MKT exceeded the Canadian Market which returned 17.4% over the past year.
|MKT Average Weekly Movement||n/a|
|Interactive Media and Services Industry Average Movement||12.4%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||17.4%|
|10% least volatile stocks in CA Market||3.7%|
Stable Share Price: Insufficient data to determine MKT's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MKT's volatility change over the past year.
About the Company
DeepMarkit Corp. develops and operates digital marketing/promotions platform for retailers and other businesses. Its DeepMarkit platform offers a range of promotion products and services that focus on game driven experiences and supporting various promotion models, including sweepstakes, giveaways, and contests. The company was formerly known as Challenger Deep Resources Corp. and changed its name to DeepMarkit Corp. in October 2015.
DeepMarkit Fundamentals Summary
|MKT fundamental statistics|
Is MKT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MKT income statement (TTM)|
|Cost of Revenue||CA$153.56k|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.028|
|Net Profit Margin||-16,869.41%|
How did MKT perform over the long term?See historical performance and comparison
Is DeepMarkit undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether DeepMarkit is trading at an attractive price based on the cash flow it is expected to produce in the future. But as DeepMarkit has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is DeepMarkit forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 DeepMarkit 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.
How has DeepMarkit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKT is currently unprofitable.
Growing Profit Margin: MKT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MKT is unprofitable, but has reduced losses over the past 5 years at a rate of 31.3% per year.
Accelerating Growth: Unable to compare MKT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MKT is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-9.4%).
Return on Equity
High ROE: MKT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is DeepMarkit's financial position?
Financial Position Analysis
Short Term Liabilities: MKT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MKT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MKT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MKT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: MKT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MKT has sufficient cash runway for 3 years if free cash flow continues to grow at historical rates of 27% each year.
What is DeepMarkit current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MKT'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 MKT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MKT'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 MKT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ranjeet Sundher (55 yo)
Mr. Ranjeet Sundher served as Chief Executive officer at Brigadier Gold Limited. He had been President and Chief Executive Officer of Brigadier Gold Limited since June 5, 2019 and has been its Director sin...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Ranjeet's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Ranjeet's compensation has increased whilst the company is unprofitable.
Experienced Management: MKT's management team is considered experienced (3.1 years average tenure).
Experienced Board: MKT's board of directors are considered experienced (6.3 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 479.5%.
DeepMarkit Corp.'s employee growth, exchange listings and data sources
- Name: DeepMarkit Corp.
- Ticker: MKT
- Exchange: TSXV
- Founded: 2007
- Industry: Interactive Media and Services
- Sector: Media
- Implied Market Cap: CA$12.341m
- Shares outstanding: 20.57m
- Website: https://deepmarkit.com
- DeepMarkit Corp.
- 750 11th Street SW
- Suite 100
- T2P 3N7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:17|
|End of Day Share Price||2021/11/22 00:00|
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.