Spyder Cannabis Inc. engages in the retail of various cannabis products in Canada.
+ 2 more risks
Weak fundamentals or lack of information.
Share Price & News
How has Spyder Cannabis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPDR's share price has been volatile over the past 3 months.
7 Day Return
CA Specialty Retail
1 Year Return
CA Specialty Retail
Return vs Industry: SPDR exceeded the Canadian Specialty Retail industry which returned -19.6% over the past year.
Return vs Market: SPDR underperformed the Canadian Market which returned -6.3% over the past year.
Price Volatility Vs. Market
How volatile is Spyder Cannabis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Spyder Cannabis undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Spyder Cannabis is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Spyder Cannabis 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.
- Take a look at our analysis of SPDR's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Spyder Cannabis regulatory filings.
- Explore potentially undervalued companies in the Retail industry.
How is Spyder Cannabis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Spyder Cannabis 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.
- Take a look at our analysis of SPDR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Spyder Cannabis competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has Spyder Cannabis performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SPDR is currently unprofitable.
Growing Profit Margin: SPDR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SPDR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SPDR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPDR is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (1.2%).
Return on Equity
High ROE: SPDR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Spyder Cannabis's financial position?
Financial Position Analysis
Short Term Liabilities: SPDR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPDR 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: SPDR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPDR'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: SPDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.6% each year
What is Spyder Cannabis's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPDR'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 SPDR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPDR'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 SPDR'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?
Daniel Pelchovitz, also known as Dan is President, Director and Chief Executive Officer at Spyder Cannabis Inc. (formerly, Anchor Capital Corporation).
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD178.97K).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.2%.
Spyder Cannabis Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spyder Cannabis Inc.
- Ticker: SPDR
- Exchange: TSXV
- Founded: 2014
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: CA$1.945m
- Shares outstanding: 43.22m
- Website: https://corporate.spydercannabis.com
Number of Employees
- Spyder Cannabis Inc.
- Unit 51, 7600 Weston Road
- L4L 8B7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPDR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jun 2019|
Spyder Cannabis Inc. engages in the retail of various cannabis products in Canada. The company offers electronic cigarettes, cannabis supplies, e-juices, and accessories. It sells its products through a ch ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 01:09|
|End of Day Share Price||2020/07/31 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.