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 Analysis

Mediocre 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

Stable Share Price: IP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

25.0%

IP

6.9%

CA Software

11.7%

CA Market


1 Year Return

-50.0%

IP

-6.3%

CA Software

-26.0%

CA Market

Return vs Industry: IP underperformed the Canadian Software industry which returned -6.3% over the past year.

Return vs Market: IP underperformed the Canadian Market which returned -26% over the past year.


Shareholder returns

IPIndustryMarket
7 Day25.0%6.9%11.7%
30 Day-54.5%-15.7%-21.9%
90 Day-16.7%-12.4%-26.6%
1 Year-50.0%-50.0%-5.9%-6.3%-23.6%-26.0%
3 Year-92.9%-92.9%42.8%39.5%-15.8%-23.6%
5 Yearn/a86.5%80.2%-3.5%-17.8%

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?

0.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Below Fair Value: 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

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 (0.5x) compared to the CA Software industry average (3x).


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?

16.4%

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?

-6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IP is currently unprofitable.

Growing Profit Margin: IP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IP is unprofitable, and losses have increased over the past 5 years at a rate of -6.4% 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 (18.3%).


Return on Equity

High ROE: IP has a negative Return on Equity (-38.99%), as it is currently unprofitable.


Next Steps

Financial Health

How is Imagination Park Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: IP's short term assets (CA$133.5K) do not cover its short term liabilities (CA$532.6K).

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 1.8%.


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 -30.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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.


Stability and Growth of Payments

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

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

2.9yrs

Average management tenure


CEO

Alen Silverrstieen

2.92s

Tenure

CA$355,316

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: Alen's total compensation ($USD252.47K) is above average for companies of similar size in the Canadian market ($USD159.52K).

Compensation vs Earnings: Alen's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Alen Silverrstieen
President2.92yrsCA$355.32k0.38% CA$11.1k
Leon Ho
Interim Chief Financial Officer1yrCA$10.39kno data
Colin Wiebe
Co-Founder & Member of Advisory Board2.75yrsCA$132.30kno data
David Gdanski
Vice President of Corporate Communications3.25yrsno datano data
Yassen Taalat
Chief Creative Officer3yrsCA$204.35kno data
Ben Lu
Chief Content Officerno dataCA$287.16kno data
Kevin Patrick
Senior Vice President of holdings operationsno datano datano data
Costa Vassos
Head of Production2.17yrsno datano data
Steven Ridley
Senior Advisor0.75yrno datano data
Patrick Muldoon
Industry Advisor and Member of Advisory Board4.92yrsno datano data

2.9yrs

Average Tenure

Experienced Management: IP's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alen Silverrstieen
President2.92yrsCA$355.32k0.38% CA$11.1k
Colin Wiebe
Co-Founder & Member of Advisory Board2.75yrsCA$132.30kno data
Patrick Muldoon
Industry Advisor and Member of Advisory Board4.92yrsno datano data
Lochlyn Munroe
Industry Advisor & Member of Advisory Board4.42yrsno datano data
Sheldon Inwentash
Independent Chairman of the Board1yrCA$134.89k3.15% CA$91.7k
Martin Kramer
Member of Advisory Board5.17yrsno datano data
Shannon Pearson
Member of Advisory Board4.67yrsno datano data
Justin James
Member of Advisory Board3.5yrsno datano data
Mitch Davis
Member of Advisory Board3yrsno datano data
Tim Huckaby
Member of Advisory Board2.92yrsno datano data

3.3yrs

Average Tenure

Experienced Board: IP'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: Insufficient data to determine if 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 50.7%.


Top Shareholders

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$2.909m
  • Shares outstanding: 116.37m
  • Website: https://www.imaginationpark.com

Location

  • Imagination Park Technologies Inc.
  • #510 – 580 Hornby Street
  • Vancouver
  • British Columbia
  • V6B 6J3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPNF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2011
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 products for mobile phones and wearable headsets, as well as rapid deployment of AR solutions. Its products include XenoMark, an AR content activation mobile app that allows to create and deploy AR activations by location and visual markers; XenoPlay, an AR mobile browser app; and XenoCloud, a centralized content management system. The company was formerly known as Imagination Park Entertainment Inc. and changed its name to Imagination Park Technologies Inc. in January 2019. Imagination Park Technologies Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 04:11
End of Day Share Price2020/03/27 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


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.