ADCO Stock Overview
Adcore Inc. operates as an e-commerce advertising management and automation platform in the Asia-Pacific, Europe, the Middle East, Africa, and North America.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.30|
|52 Week High||CA$1.13|
|52 Week Low||CA$0.17|
|1 Month Change||-1.64%|
|3 Month Change||66.67%|
|1 Year Change||-72.22%|
|3 Year Change||-40.00%|
|5 Year Change||n/a|
|Change since IPO||-48.28%|
Recent News & Updates
|ADCO||CA Software||CA Market|
Return vs Industry: ADCO underperformed the Canadian Software industry which returned -43.5% over the past year.
Return vs Market: ADCO underperformed the Canadian Market which returned -7.3% over the past year.
|ADCO Average Weekly Movement||10.5%|
|Software Industry Average Movement||11.6%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||18.2%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: ADCO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ADCO's weekly volatility (11%) has been stable over the past year.
About the Company
Adcore Inc. operates as an e-commerce advertising management and automation platform in the Asia-Pacific, Europe, the Middle East, Africa, and North America. The company offers smart algorithm powered automation tools for digital advertisers to enhance return on advertising investments, and scale their digital campaigns. Its product portfolio includes Feeditor that offers online shopping automation capabilities to advertisers; Views, a search engine marketing (SEM) solution used for campaign creation, intelligent bid management, SEM optimization, and reports; SEMDOC, an account auditing tool, which measures and analyzes 52 metrics; Effortless Marketing, a marketing solution for campaign creation and performance tracking; and Amphy, a 24/7 live online learning marketplace.
Adcore Fundamentals Summary
|ADCO fundamental statistics|
Is ADCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADCO income statement (TTM)|
|Cost of Revenue||US$15.74m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||-4.65%|
How did ADCO perform over the long term?See historical performance and comparison
Is ADCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ADCO?
Other financial metrics that can be useful for relative valuation.
|What is ADCO's n/a Ratio?|
Price to Sales Ratio vs Peers
How does ADCO's PS Ratio compare to its peers?
|ADCO PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
ONE 01 Communique Laboratory
ZOMD Zoomd Technologies
BEW BeWhere Holdings
Price-To-Sales vs Peers: ADCO is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (5.3x).
Price to Earnings Ratio vs Industry
How does ADCO's PE Ratio compare vs other companies in the CA Software Industry?
Price-To-Sales vs Industry: ADCO is good value based on its Price-To-Sales Ratio (0.6x) compared to the Canadian Software industry average (3.5x)
Price to Sales Ratio vs Fair Ratio
What is ADCO'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.
|Current PS Ratio||0.6x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate ADCO's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ADCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ADCO's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ADCO's fair value for valuation analysis.
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.
Discover undervalued companies
How is Adcore forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Adcore 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
How has Adcore performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADCO is currently unprofitable.
Growing Profit Margin: ADCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADCO is unprofitable, and losses have increased over the past 5 years at a rate of 60.7% per year.
Accelerating Growth: Unable to compare ADCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADCO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.8%).
Return on Equity
High ROE: ADCO has a negative Return on Equity (-10.32%), as it is currently unprofitable.
Discover strong past performing companies
How is Adcore's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ADCO's short term assets ($10.5M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: ADCO's short term assets ($10.5M) exceed its long term liabilities ($368.0K).
Debt to Equity History and Analysis
Debt Level: ADCO is debt free.
Reducing Debt: ADCO had no debt 5 years ago.
Debt Coverage: ADCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADCO has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is Adcore current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Adcore Dividend Yield vs Market|
|Market Bottom 25% (CA)||2.1%|
|Market Top 25% (CA)||6.1%|
|Industry Average (Software)||0.4%|
|Analyst forecast in 3 Years (Adcore)||n/a|
Notable Dividend: Unable to evaluate ADCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADCO'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 ADCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADCO'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 ADCO has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Omri Brill (48 yo)
Mr. Omri Brill is founded Adcore Inc. in July 2006. He has been Chief Executive Officer at ADCORE Inc. since July 2006. Mr. Brill serves as President and Chairman at ADCORE Inc. and has been its Director s...
CEO Compensation Analysis
|Omri Brill's Compensation vs Adcore Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$632k||US$342k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$384k||US$291k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$384k||US$231k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$58k||US$58k|
Compensation vs Market: Omri's total compensation ($USD631.99K) is above average for companies of similar size in the Canadian market ($USD179.12K).
Compensation vs Earnings: Omri's compensation has increased whilst the company is unprofitable.
Experienced Management: ADCO's management team is considered experienced (2.2 years average tenure).
Experienced Board: ADCO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ADCO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|11 Jul 22||BuyCA$5,000||Yatir Sadot||Individual||25,000||CA$0.20|
|24 Jun 22||BuyCA$3,881||Omri Brill||Individual||19,900||CA$0.20|
|05 Apr 22||BuyCA$3,798||Omri Brill||Individual||8,833||CA$0.43|
|21 Mar 22||BuyCA$3,901||Omri Brill||Individual||8,300||CA$0.47|
|17 Mar 22||BuyCA$3,929||Omri Brill||Individual||8,680||CA$0.45|
|01 Dec 21||BuyCA$4,060||Omri Brill||Individual||6,548||CA$0.62|
|18 Nov 21||BuyCA$8,398||Omri Brill||Individual||12,550||CA$0.67|
|16 Nov 21||BuyCA$5,285||Omri Brill||Individual||7,340||CA$0.72|
|26 Oct 21||BuyCA$4,961||Omri Brill||Individual||5,637||CA$0.88|
|07 Oct 21||BuyCA$11,868||Omri Brill||Individual||12,970||CA$0.94|
|07 Oct 21||BuyCA$22,250||Oded Orgil||Individual||25,000||CA$0.89|
|06 Oct 21||BuyCA$10,157||Omri Brill||Individual||11,040||CA$0.92|
|29 Sep 21||BuyCA$5,164||Omri Brill||Individual||5,000||CA$1.03|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Adcore Inc.'s employee growth, exchange listings and data sources
- Name: Adcore Inc.
- Ticker: ADCO
- Exchange: TSX
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$18.389m
- Shares outstanding: 61.30m
- Website: https://www.adcore.com
Number of Employees
- Adcore Inc.
- 105 Allenby Street
- 6-7th Floor
- Tel Aviv
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADCO||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||May 2019|
|ADCO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2019|
|ADQ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2019|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 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.