CLIP Stock Overview
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in Canada and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Clip Money Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.23 |
| 52 Week High | CA$0.55 |
| 52 Week Low | CA$0.17 |
| Beta | 0 |
| 1 Month Change | 0% |
| 3 Month Change | 17.95% |
| 1 Year Change | -42.50% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -77.00% |
Recent News & Updates
Shareholder Returns
| CLIP | CA Software | CA Market | |
|---|---|---|---|
| 7D | 9.5% | -2.3% | -0.2% |
| 1Y | -42.5% | 27.9% | 7.0% |
Return vs Industry: CLIP underperformed the Canadian Software industry which returned 26.2% over the past year.
Return vs Market: CLIP underperformed the Canadian Market which returned 5.3% over the past year.
Price Volatility
| CLIP volatility | |
|---|---|
| CLIP Average Weekly Movement | 15.7% |
| Software Industry Average Movement | 8.6% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 18.2% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: CLIP has not had significant price volatility in the past 3 months.
Volatility Over Time: CLIP's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Joe Abou-Arrage | clipmoney.com |
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in Canada and the United States. The company offers Clip Drop Platform, an end-to-end system that includes user registration, location services, bar code and RFID tracking of deposit bags, secure processing of deposits, and payment processing. Its platform enhances the transaction experience while accelerating business cash flows, improving management transparency, and reducing shrinkage.
Clip Money Inc. Fundamentals Summary
| CLIP fundamental statistics | |
|---|---|
| Market cap | CA$31.94m |
| Earnings (TTM) | -CA$12.74m |
| Revenue (TTM) | CA$790.41k |
41.3x
P/S Ratio-2.6x
P/E RatioIs CLIP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CLIP income statement (TTM) | |
|---|---|
| Revenue | US$577.92k |
| Cost of Revenue | US$2.52m |
| Gross Profit | -US$1.94m |
| Other Expenses | US$7.38m |
| Earnings | -US$9.32m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.066 |
| Gross Margin | -335.38% |
| Net Profit Margin | -1,612.09% |
| Debt/Equity Ratio | 813.4% |
How did CLIP perform over the long term?
See historical performance and comparison