Skyledger Tech Corp. does not have significant operations. More Details
+ 1 more risk
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Skyledger Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine SKYL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SKYL's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how SKYL performed against the Canadian Software industry.
Return vs Market: Insufficient data to determine how SKYL performed against the Canadian Market.
Long-Term Price Volatility Vs. Market
How volatile is Skyledger Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Skyledger Tech undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Skyledger Tech is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Skyledger Tech 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 SKYL'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 Skyledger Tech regulatory filings.
- Explore potentially undervalued companies in the Software industry.
How is Skyledger Tech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Skyledger Tech 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 SKYL’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.
- Skyledger Tech competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Skyledger Tech performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SKYL is currently unprofitable.
Growing Profit Margin: SKYL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SKYL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SKYL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SKYL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (31.8%).
Return on Equity
High ROE: SKYL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Skyledger Tech's financial position?
Financial Position Analysis
Short Term Liabilities: SKYL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SKYL 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: SKYL is debt free.
Reducing Debt: SKYL'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: SKYL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SKYL is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
What is Skyledger Tech current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKYL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKYL'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 SKYL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKYL'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 SKYL'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?
Average board tenure
James Liang (32 yo)
Mr. James Y. Liang has been a Director of Zinc One Resources Inc. since August 2020. Mr. Liang has been Director of Hello Pal International Inc. since September 2019. He serves as Chief Executive Officer a...
|CEO & Director||no data||no data||3.9% |
|Independent Director||3.17yrs||no data||1.95% |
|Director||0.50yr||no data||no data|
Experienced Board: SKYL's board of directors are considered experienced (3.2 years average tenure).
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 not been meaningfully diluted in the past year.
Skyledger Tech Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Skyledger Tech Corp.
- Ticker: SKYL
- Exchange: CNSX
- Founded: 2017
- Industry: Application Software
- Sector: Software
- Market Cap: CA$5.932m
- Shares outstanding: 32.07m
- Skyledger Tech Corp.
- 1040 West Georgia Street
- Suite 410
- British Columbia
- V6E 4H1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SKYL||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 2019|
Skyledger Tech Corp. does not have significant operations. Previously, the company operated as a cryptocurrency mining company. It intends to acquire mineral properties located in Yukon. The company was in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 23:13|
|End of Day Share Price||2020/11/30 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.