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Clip Money TSXV:CLIP Stock Report

Last Price

CA$0.28

Market Cap

CA$31.5m

7D

1.8%

1Y

12.0%

Updated

30 Dec, 2024

Data

Company Financials +

Clip Money Inc.

TSXV:CLIP Stock Report

Market Cap: CA$31.5m

CLIP Stock Overview

A financial technology company, provides deposit network services to businesses and financial institutions in North America. More details

CLIP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Rewards

Revenue is forecast to grow 102.51% per year

Risk Analysis

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the Canadian market

Negative shareholders equity

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Clip Money Inc. Competitors

NowVertical Group

TSXV:NOW

CA$30.5m

Generative AI Solutions

CNSX:AICO

CA$8.1m

Acceleware

TSXV:AXE

CA$13.6m

NTG Clarity Networks

TSXV:NCI

CA$75.5m

Price History & Performance

Summary of share price highs, lows and changes for Clip Money
Historical stock prices
Current Share PriceCA$0.28
52 Week HighCA$0.32
52 Week LowCA$0.14
Beta0.021
1 Month Change-6.67%
3 Month Change33.33%
1 Year Change12.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-72.00%

Recent News & Updates

Recent updates

Clip Money (CVE:CLIP) Is Carrying A Fair Bit Of Debt

May 08
Clip Money (CVE:CLIP) Is Carrying A Fair Bit Of Debt

Here's Why We're Watching Clip Money's (CVE:CLIP) Cash Burn Situation

Sep 07
Here's Why We're Watching Clip Money's (CVE:CLIP) Cash Burn Situation

Shareholder Returns

CLIPCA SoftwareCA Market
7D1.8%1.3%0.9%
1Y12.0%30.7%15.7%

Return vs Industry: CLIP underperformed the Canadian Software industry which returned 30.7% over the past year.

Return vs Market: CLIP underperformed the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is CLIP's price volatile compared to industry and market?
CLIP volatility
CLIP Average Weekly Movement18.6%
Software Industry Average Movement11.5%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: CLIP's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: CLIP's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aJoe Abou-Arrageclipmoney.com

Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. The company offers Clip Drop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing. Its platform also enhances the transaction experience while accelerating business cash flows, improving management transparency, and reducing shrinkage.

Clip Money Inc. Fundamentals Summary

How do Clip Money's earnings and revenue compare to its market cap?
CLIP fundamental statistics
Market capCA$31.55m
Earnings (TTM)-CA$13.08m
Revenue (TTM)CA$2.24m

13.1x

P/S Ratio

-2.3x

P/E Ratio

Is CLIP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLIP income statement (TTM)
RevenueUS$1.56m
Cost of RevenueUS$3.01m
Gross Profit-US$1.45m
Other ExpensesUS$7.66m
Earnings-US$9.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.087
Gross Margin-92.86%
Net Profit Margin-583.48%
Debt/Equity Ratio-178.9%

How did CLIP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 03:08
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Clip Money Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lisa ThompsonZacks Small-Cap Research