TSXV:RIWI

Stock Analysis Report

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Executive Summary

RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RIWI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: RIWI's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-7.8%

RIWI

3.7%

CA Interactive Media and Services

2.8%

CA Market


1 Year Return

22.9%

RIWI

94.6%

CA Interactive Media and Services

-0.3%

CA Market

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

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


Shareholder returns

RIWIIndustryMarket
7 Day-7.8%3.7%2.8%
30 Day-21.1%12.7%10.0%
90 Day-25.3%38.8%5.7%
1 Year22.9%22.9%96.1%94.6%3.3%-0.3%
3 Year34.1%34.1%35.4%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 RIWI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

41.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RIWI (CA$2.95) is trading above our estimate of fair value (CA$0.35)

Significantly Below Fair Value: RIWI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RIWI is poor value based on its PE Ratio (41.8x) compared to the CA Interactive Media and Services industry average (9.9x).

PE vs Market: RIWI is poor value based on its PE Ratio (41.8x) compared to the Canadian market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RIWI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RIWI is good value based on its PB Ratio (8.3x) compared to the CA Interactive Media and Services industry average (8.7x).


Next Steps

Future Growth

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

120.8%

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 RIWI 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 RIWI performed over the past 5 years?

61.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIWI has high quality earnings.

Growing Profit Margin: RIWI's current net profit margins (25.2%) are lower than last year (26.8%).


Past Earnings Growth Analysis

Earnings Trend: RIWI has become profitable over the past 5 years, growing earnings by 61.4% per year.

Accelerating Growth: RIWI's earnings growth over the past year (8.2%) is below its 5-year average (61.4% per year).

Earnings vs Industry: RIWI earnings growth over the past year (8.2%) underperformed the Interactive Media and Services industry 8.8%.


Return on Equity

High ROE: RIWI's Return on Equity (19.7%) is considered low.


Next Steps

Financial Health

How is RIWI's financial position?


Financial Position Analysis

Short Term Liabilities: RIWI's short term assets ($5.0M) exceed its short term liabilities ($361.8K).

Long Term Liabilities: RIWI's short term assets ($5.0M) exceed its long term liabilities ($83.8K).


Debt to Equity History and Analysis

Debt Level: RIWI is debt free.

Reducing Debt: RIWI has no debt compared to 5 years ago when its debt to equity ratio was 56.3%.

Debt Coverage: RIWI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RIWI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is RIWI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

6.2yrs

Average management tenure


CEO

Neil Seeman (49 yo)

9yrs

Tenure

US$192,485

Compensation

Mr. Neil L. Seeman, BA, J.D., MPH is the Founder and has been Chief Executive Officer of RIWI Corp. (formerly The RIWI Corporation) since November 2011 and serves as its Chief Privacy Officer. Mr. Seeman s...


CEO Compensation Analysis

Compensation vs Market: Neil's total compensation ($USD192.49K) is about average for companies of similar size in the Canadian market ($USD166.12K).

Compensation vs Earnings: Neil's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Neil Seeman
Founder9yrsUS$192.49k2.38%
$ 1.3m
Daniel Im
Chief Financial Officer3.33yrsUS$144.36k0.23%
$ 123.3k
Alton Ing
Chief Technology Officer11.83yrsUS$145.37k2.14%
$ 1.2m
Eric Meerkamper
Chief Product Officer & Global Head of Citizen Engagementno dataUS$150.49k2.49%
$ 1.3m
Danielle Goldfarb
Head of Global Researchno datano datano data
Neil Weitzman
Chief Revenue Officer0.75yrno data0.0050%
$ 2.7k

6.2yrs

Average Tenure

Experienced Management: RIWI's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Neil Seeman
Founder9yrsUS$192.49k2.38%
$ 1.3m
Anthony St. John
Chairman of Advisory Board6.17yrsno datano data
Robert Pirooz
Independent Director11yrsUS$73.07kno data
Cary Green
Global Business Advisorno datano datano data
Kevin Mahoney
Independent Lead Directorno dataUS$87.69k0.34%
$ 185.8k
Donald Shumka
Independent Director5.92yrsUS$73.07k0.39%
$ 212.6k
Annette Cusworth
Independent Director5.67yrsUS$87.69k0.084%
$ 45.3k
Steven Chiu
Global Internet Trends Data Advisorno datano datano data
Frederic Stupart
Global Finance Advisorno datano datano data
Kenneth Goldstein
Member of Advisory Boardno datano datano data
Lawrence Spero
Brain Behaviour and Computing Advisorno datano datano data
Adam DiPaula 
Global Market Research Data Advisorno datano datano data

6.0yrs

Average Tenure

63yo

Average Age

Experienced Board: RIWI's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RIWI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

RIWI Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RIWI Corp.
  • Ticker: RIWI
  • Exchange: TSXV
  • Founded: 2009
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$54.013m
  • Shares outstanding: 18.00m
  • Website: https://www.riwi.com

Number of Employees


Location

  • RIWI Corp.
  • 180 Bloor Street West
  • Suite 1000
  • Toronto
  • Ontario
  • M5S 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIWITSXV (TSX Venture Exchange)YesCommon StockCACADSep 2015
5RWDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2015
RWCR.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2015

Biography

RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and internationally. Its patented cloud-based and machine-learning software solution provides gl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:42
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.