CNSX:IP

Stock Analysis Report

Imagination Park Technologies

Executive Summary

Imagination Park Technologies Inc. creates engaging and interactive holographic content to users through its cloud-based augmented reality (AR) enterprise platforms in Canada.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Imagination Park Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

IP

0.5%

CA Software

0.2%

CA Market


1 Year Return

-57.1%

IP

18.1%

CA Software

1.2%

CA Market

Return vs Industry: IP underperformed the Canadian Software industry which returned 18.1% over the past year.

Return vs Market: IP underperformed the Canadian Market which returned 1.2% over the past year.


Shareholder returns

IPIndustryMarket
7 Day0%0.5%0.2%
30 Day140.0%-2.2%-2.5%
90 Day50.0%1.9%-1.5%
1 Year-57.1%-57.1%20.0%18.1%4.7%1.2%
3 Year-25.0%-25.0%74.4%70.3%14.0%3.8%
5 Year9.1%9.1%163.3%155.6%26.4%8.1%

Price Volatility Vs. Market

How volatile is Imagination Park Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Imagination Park Technologies undervalued compared to its fair value and its price relative to the market?

1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate IP's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate IP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IP is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: IP is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IP is good value based on its PB Ratio (1x) compared to the CA Software industry average (2.5x).


Next Steps

Future Growth

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

12.2%

Forecasted Software 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 Imagination Park Technologies 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 Imagination Park Technologies performed over the past 5 years?

-14.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IP is unprofitable, and losses have increased over the past 5 years at a rate of -14.1% per year.

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

Earnings vs Industry: IP is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.6%).


Return on Equity

High ROE: IP has a negative Return on Equity (-36.41%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: IP is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: IP is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Imagination Park Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: IP's short term assets (CA$1.0M) exceeds its short term liabilities (CA$286.5K)

Long Term Liabilities: IP has no long term liabilities


Debt to Equity History and Analysis

Debt Level: IP is debt free.

Reducing Debt: IP has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.


Balance Sheet

Inventory Level: IP has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IP's debt is covered by short term assets.


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: IP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54% each year


Next Steps

Dividend

What is Imagination Park Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate IP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if IP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IP'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 IP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Imagination Park Technologies's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Alen Silverrstieen 0

2.5yrs

Tenure

CA$292,258

Compensation

Mr. Alen Paul Silverrstieen has been the Chief Executive Officer and President of Imagination Park Entertainment Inc. since April 18, 2017 and was its Interim Chief Financial Officer since June 5, 2017 unt ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Alen's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Insufficient data to compare Alen's compensation with company performance.


Management Age and Tenure

2.5yrs

Average Tenure

Experienced Management: IP's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

Experienced Board: IP's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$122,28610 Oct 19
ThreeD Capital Inc.
EntityCompany
Shares2,590,000
Max PriceCA$0.06
SellCA$90,51120 Sep 19
ThreeD Capital Inc.
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Shares3,620,000
Max PriceCA$0.025
SellCA$64,71006 Sep 19
ThreeD Capital Inc.
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Shares1,769,000
Max PriceCA$0.04
BuyCA$34,32019 Jul 19
ThreeD Capital Inc.
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Shares858,000
Max PriceCA$0.04
BuyCA$9,60018 Jul 19
ThreeD Capital Inc.
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Shares240,000
Max PriceCA$0.04
BuyCA$10,00015 Jul 19
ThreeD Capital Inc.
EntityCompany
Shares250,000
Max PriceCA$0.04
BuyCA$2,88005 Jul 19
ThreeD Capital Inc.
EntityCompany
Shares64,000
Max PriceCA$0.045
SellCA$69,08314 Jun 19
ThreeD Capital Inc.
EntityCompany
Shares1,436,000
Max PriceCA$0.05
BuyCA$45,56030 May 19
ThreeD Capital Inc.
EntityCompany
Shares536,000
Max PriceCA$0.085
BuyCA$7,56528 May 19
ThreeD Capital Inc.
EntityCompany
Shares89,000
Max PriceCA$0.085
BuyCA$16,03024 May 19
ThreeD Capital Inc.
EntityCompany
Shares200,000
Max PriceCA$0.08
BuyCA$19,89122 May 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares224,000
Max PriceCA$0.089
BuyCA$1,57509 May 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares25,000
Max PriceCA$0.063
BuyCA$7,87507 May 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares125,000
Max PriceCA$0.063
BuyCA$10,74606 May 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares180,000
Max PriceCA$0.06
BuyCA$24,57803 May 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares462,000
Max PriceCA$0.053
BuyCA$4,70503 Apr 19
ThreeD Capital Inc.
EntityCompany
Shares94,000
Max PriceCA$0.05
BuyCA$12,80002 Apr 19
ThreeD Capital Inc.
EntityCompany
Shares256,000
Max PriceCA$0.05
BuyCA$8,25028 Mar 19
Sheldon Inwentash
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares150,000
Max PriceCA$0.055
BuyCA$15,00028 Mar 19
ThreeD Capital Inc.
EntityCompany
Shares300,000
Max PriceCA$0.05
BuyCA$13,55027 Mar 19
ThreeD Capital Inc.
EntityCompany
Shares271,000
Max PriceCA$0.05
BuyCA$11,45026 Mar 19
ThreeD Capital Inc.
EntityCompany
Shares229,000
Max PriceCA$0.05
BuyCA$4,03008 Mar 19
Alen Silverrstieen
EntityIndividual
Role
Chief Executive Officer
President
Shares62,000
Max PriceCA$0.065
BuyCA$2,12528 Feb 19
ThreeD Capital Inc.
EntityCompany
Shares25,000
Max PriceCA$0.085
BuyCA$31,01325 Feb 19
ThreeD Capital Inc.
EntityCompany
Shares399,000
Max PriceCA$0.09
BuyCA$78,40606 Nov 18
John Gillberry
EntityIndividual
Shares653,385
Max PriceCA$0.12
BuyCA$332,99906 Nov 18
James Skippen
EntityIndividual
Shares2,775,000
Max PriceCA$0.12
SellCA$142,49924 Oct 18
James Skippen
EntityIndividual
Shares1,187,486
Max PriceCA$0.12

Ownership Breakdown


Management Team

  • Dave Gdanski

    Vice President of Corporate Communications

    • Tenure: 2.8yrs
  • Colin Wiebe

    Co-Founder & Member of Advisory Board

    • Tenure: 2.3yrs
    • Compensation: CA$100.63k
  • Patrick Muldoon

    Industry Advisor and Member of Advisory Board

    • Tenure: 4.5yrs
  • Yas Taalat

    Chief Creative Officer

    • Tenure: 2.7yrs
    • Compensation: CA$150.75k
  • Alen Silverrstieen

    President

    • Tenure: 2.5yrs
    • Compensation: CA$292.26k
  • Ben Lu

    Chief Content Officer

    • Tenure: 0yrs
  • Costa Vassos

    Head of Production

    • Tenure: 1.8yrs
  • Kevin Patrick

    Senior Vice President of holdings operations

    • Tenure: 0yrs
  • Leon Ho

    Interim Chief Financial Officer

    • Tenure: 0.6yrs
  • Steve Ridley

    Senior Advisor to Chief Executive Officer

    • Tenure: 0.3yrs

Board Members

  • Sheldon Inwentash (63yo)

    Independent Chairman of the Board

    • Tenure: 0.6yrs
  • Martin Kramer

    Member of Advisory Board

    • Tenure: 4.8yrs
  • Colin Wiebe

    Co-Founder & Member of Advisory Board

    • Tenure: 2.3yrs
    • Compensation: CA$100.63k
  • Patrick Muldoon

    Industry Advisor and Member of Advisory Board

    • Tenure: 4.5yrs
  • Shannon Pearson

    Member of Advisory Board

    • Tenure: 4.3yrs
  • Lochlyn Munroe

    Industry Advisor & Member of Advisory Board

    • Tenure: 4yrs
  • Justin James

    Member of Advisory Board

    • Tenure: 3.1yrs
  • Mitch Davis

    Member of Advisory Board

    • Tenure: 2.6yrs
  • Tim Huckaby

    Member of Advisory Board

    • Tenure: 2.5yrs
  • Alen Silverrstieen

    President

    • Tenure: 2.5yrs
    • Compensation: CA$292.26k

Company Information

Imagination Park Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Imagination Park Technologies Inc.
  • Ticker: IP
  • Exchange: CNSX
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$6.802m
  • Shares outstanding: 113.37m
  • Website: https://www.imaginationpark.com

Location

  • Imagination Park Technologies Inc.
  • 1238 Seymour Street
  • Suite 1108
  • Vancouver
  • British Columbia
  • V6B 6J3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPCNSX (Canadian National Stock Exchange)YesCommon SharesCACADDec 2011
GMS1DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2011

Biography

Imagination Park Technologies Inc. creates engaging and interactive holographic content to users through its cloud-based augmented reality (AR) enterprise platforms in Canada. The company provides AR produ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:38
End of Day Share Price2019/10/17 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.