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LOTA

Delota TSXV:LOTA Stock Report

Last Price

CA$0.18

Market Cap

CA$5.0m

7D

-2.6%

1Y

-26.0%

Updated

15 Aug, 2022

Data

Company Financials
LOTA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LOTA Stock Overview

Delota Corp. engages in the retail of various cannabis products in Canada.

Delota Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Delota
Historical stock prices
Current Share PriceCA$0.18
52 Week HighCA$0.37
52 Week LowCA$0.15
Beta2.64
1 Month Change-2.63%
3 Month Change5.71%
1 Year Change-26.00%
3 Year Change-47.14%
5 Year Changen/a
Change since IPO-67.83%

Recent News & Updates

Shareholder Returns

LOTACA Specialty RetailCA Market
7D-2.6%3.6%2.5%
1Y-26.0%-12.0%1.0%

Return vs Industry: LOTA underperformed the Canadian Specialty Retail industry which returned -12.9% over the past year.

Return vs Market: LOTA underperformed the Canadian Market which returned 0.7% over the past year.

Price Volatility

Is LOTA's price volatile compared to industry and market?
LOTA volatility
LOTA Average Weekly Movement14.9%
Specialty Retail Industry Average Movement6.5%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market4.3%

Stable Share Price: LOTA is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: LOTA's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRobert Wickhamhttps://delota.com

Delota Corp. engages in the retail of various cannabis products in Canada. The company offers vape and nicotine-related products, herbal vaporizers, and other smoking cessation products and accessories. It operates 26 retail locations and e-commerce platform under the 180 Smoke brand; and the Offside Cannabis retail brand.

Delota Fundamentals Summary

How do Delota's earnings and revenue compare to its market cap?
LOTA fundamental statistics
Market CapCA$4.96m
Earnings (TTM)-CA$682.59k
Revenue (TTM)CA$21.45m

0.2x

P/S Ratio

-7.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOTA income statement (TTM)
RevenueCA$21.45m
Cost of RevenueCA$11.82m
Gross ProfitCA$9.63m
Other ExpensesCA$10.31m
Earnings-CA$682.59k

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.025
Gross Margin44.91%
Net Profit Margin-3.18%
Debt/Equity Ratio38.3%

How did LOTA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is LOTA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LOTA?

Other financial metrics that can be useful for relative valuation.

LOTA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA-13.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does LOTA's PS Ratio compare to its peers?

LOTA PS Ratio vs Peers
The above table shows the PS ratio for LOTA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.9x
KO Kiaro Holdings
0.1xn/aCA$4.0m
PESO PesoRama
1.9xn/aCA$18.7m
SNYB ShinyBud
1xn/aCA$22.9m
FAF Fire & Flower Holdings
0.7x18.6%CA$126.5m
LOTA Delota
0.2xn/aCA$5.0m

Price-To-Sales vs Peers: LOTA is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.9x).


Price to Earnings Ratio vs Industry

How does LOTA's PE Ratio compare vs other companies in the North American Specialty Retail Industry?

Price-To-Sales vs Industry: LOTA is good value based on its Price-To-Sales Ratio (0.2x) compared to the Canadian Specialty Retail industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is LOTA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LOTA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate LOTA's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of LOTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LOTA (CA$0.19) is trading below our estimate of fair value (CA$2.94)

Significantly Below Fair Value: LOTA is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.0%

Forecasted Retail 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 Delota 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.


Discover growth companies

  • Examine whether Delota is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Delota competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Delota performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-42.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LOTA is currently unprofitable.

Growing Profit Margin: LOTA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LOTA is unprofitable, and losses have increased over the past 5 years at a rate of 42.2% per year.

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

Earnings vs Industry: LOTA is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (27.4%).


Return on Equity

High ROE: LOTA has a negative Return on Equity (-28.09%), as it is currently unprofitable.


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Financial Health

How is Delota's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: LOTA's short term assets (CA$3.7M) do not cover its short term liabilities (CA$4.6M).

Long Term Liabilities: LOTA's short term assets (CA$3.7M) do not cover its long term liabilities (CA$6.4M).


Debt to Equity History and Analysis

Debt Level: LOTA's net debt to equity ratio (9.8%) is considered satisfactory.

Reducing Debt: LOTA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: Whilst unprofitable LOTA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: LOTA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.2% per year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if LOTA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as LOTA has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Robert Wickham

1.25yrs

Tenure

Mr. Robert Cameron-Takehiko Wickham serves as an Executive Vice Chairman, Chief Executive Officer & Corporate Secretary at Delota Corp. (formerly known as Spyder Cannabis Inc.) since May 7, 2021. He serves...


Leadership Team

Experienced Management: LOTA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: LOTA's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: LOTA 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 substantially diluted in the past year, with total shares outstanding growing by 81%.


Top Shareholders

Company Information

Delota Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Delota Corp.
  • Ticker: LOTA
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: CA$4.960m
  • Shares outstanding: 26.81m
  • Website: https://delota.com

Number of Employees


Location

  • Delota Corp.
  • 7941 Jane Street
  • Unit 2
  • Concord
  • Ontario
  • L4K 2M7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/04/30
Annual Earnings2022/01/31


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.