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Clarocity

TSXV:CLY
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CLY
TSXV
CA$1M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

Clarocity Corporation designs and develops real estate valuation and report products. The last earnings update was 47 days ago. More info.


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  • Clarocity has significant price volatility in the past 3 months.
CLY Share Price and Events
Price Volatility
CLY
Industry
5yr Volatility vs Market
Related Companies

CLY Value

 Is Clarocity undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Clarocity is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Clarocity 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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Clarocity. This is due to cash flow or dividend data being unavailable. The share price is CA$0.01.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Clarocity's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Clarocity's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CLY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CAD CA$-0.06
TSXV:CLY Share Price ** TSXV (2018-10-15) in CAD CA$0.01
Canada Software Industry PE Ratio Median Figure of 14 Publicly-Listed Software Companies 41.52x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 15.38x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Clarocity.

TSXV:CLY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CLY Share Price ÷ EPS (both in CAD)

= 0.01 ÷ -0.06

-0.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Clarocity is loss making, we can't compare its value to the CA Software industry average.
  • Clarocity is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Clarocity's expected growth come at a high price?
Raw Data
TSXV:CLY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Software Industry PEG Ratio Median Figure of 8 Publicly-Listed Software Companies 2.38x
Canada Market PEG Ratio Median Figure of 267 Publicly-Listed Companies 1.06x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Clarocity, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Clarocity's assets?
Raw Data
TSXV:CLY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CAD CA$-0.06
TSXV:CLY Share Price * TSXV (2018-10-15) in CAD CA$0.01
Canada Software Industry PB Ratio Median Figure of 60 Publicly-Listed Software Companies 3.67x
Canada Market PB Ratio Median Figure of 2,225 Publicly-Listed Companies 1.6x
TSXV:CLY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CLY Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ -0.06

-0.16x

* Primary Listing of Clarocity.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Clarocity has negative assets, we can't compare the value of its assets to the CA Software industry average.

Next steps:

  1. Take a look at our analysis of CLY’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.
  2. 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 Clarocity's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Software industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Clarocity's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Clarocity has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CLY Future Performance

 How is Clarocity expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Clarocity 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Clarocity expected to grow at an attractive rate?
  • Unable to compare Clarocity's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Clarocity's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Clarocity's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CLY Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average 29%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 12.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CLY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CLY Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:CLY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-06-30 12 -4 -15
2018-03-31 13 -5 -16
2017-12-31 13 -6 -15
2017-09-30 12 -7 -13
2017-06-30 10 -7 -11
2017-03-31 8 -6 -10
2016-12-31 6 -6 -9
2016-09-30 6 -4 -8
2016-06-30 6 -5 -8
2016-03-31 5 -5 -9
2015-12-31 3 -5 -13
2015-09-30 2 -7 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Clarocity is high growth as no earnings estimate data is available.
  • Unable to determine if Clarocity is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:CLY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Clarocity Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CLY Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:CLY Past Financials Data
Date (Data in CAD Millions) EPS *
2018-06-30 -0.06
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.06
2017-06-30 -0.06
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.04
2016-06-30 -0.04
2016-03-31 -0.05
2015-12-31 -0.08
2015-09-30 -0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Clarocity will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CLY’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.
  2. Clarocity's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Clarocity's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Clarocity's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Clarocity has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CLY Past Performance

  How has Clarocity performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Clarocity's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Clarocity does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Clarocity's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Clarocity's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
Clarocity's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Clarocity Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CLY Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 11.83 -15.49 10.19
2018-03-31 12.85 -15.70 10.49
2017-12-31 13.25 -14.53 10.21
2017-09-30 11.99 -12.97 9.28
2017-06-30 10.13 -11.48 9.01
2017-03-31 7.75 -9.83 8.32
2016-12-31 6.30 -9.49 8.10
2016-09-30 5.52 -8.46 7.53
2016-06-30 5.66 -8.04 7.35
2016-03-31 4.88 -8.56 7.42
2015-12-31 3.16 -13.00 6.43
2015-09-30 1.62 -12.30 4.51
2015-06-30 0.54 -11.35 2.97
2015-03-31 0.06 -10.67 2.10
2014-12-31 -5.43 1.95
2014-09-30 -5.85 2.49
2014-06-30 -6.45 3.16
2014-03-31 -7.04 2.40
2013-12-31 -6.82 2.11
2013-09-30 -6.45 2.09
2013-06-30 -5.82 1.35
2013-03-31 -4.90 1.74
2012-12-31 -4.95 1.76
2012-09-30 3.90 -1.22 1.78
2012-06-30 3.90 -1.23 1.84
2012-03-31 3.90 -0.57 1.55
2011-12-31 3.90 -0.04 1.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Clarocity has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Clarocity has efficiently used its assets last year compared to the CA Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Clarocity improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Clarocity's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Clarocity has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CLY Health

 How is Clarocity's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Clarocity's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Clarocity's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Clarocity has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Clarocity's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Clarocity has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Clarocity Company Filings, last reported 3 months ago.

TSXV:CLY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -17.40 19.98 0.34
2018-03-31 -14.38 18.32 0.38
2017-12-31 -12.15 17.09 0.79
2017-09-30 -8.19 14.62 0.34
2017-06-30 -5.07 13.55 1.08
2017-03-31 -5.98 12.15 1.26
2016-12-31 -5.18 10.50 0.66
2016-09-30 -4.28 8.58 0.97
2016-06-30 -2.34 7.28 0.57
2016-03-31 -1.06 5.46 0.17
2015-12-31 0.69 3.74 0.04
2015-09-30 1.55 3.81 0.48
2015-06-30 2.87 4.08 1.58
2015-03-31 1.16 4.15 2.61
2014-12-31 1.51 4.11 4.26
2014-09-30 -6.32 5.85 0.11
2014-06-30 -5.25 4.98 0.14
2014-03-31 -4.21 4.59 0.03
2013-12-31 -3.47 4.48 0.26
2013-09-30 -4.97 5.71 0.29
2013-06-30 -4.57 4.45 0.19
2013-03-31 -5.71 5.37 0.01
2012-12-31 -4.76 4.66 0.04
2012-09-30 -3.75 3.99 0.28
2012-06-30 -2.88 3.96 1.07
2012-03-31 -1.77 3.92 2.25
2011-12-31 -3.27 3.81 0.61
  • Clarocity has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Clarocity's debt level has increased considering it has negative shareholder equity.
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.

  • Clarocity has less than a year of cash runway based on current financial obligations.
  • Clarocity has less than a year of cash runway if financial obligations continue to grow at historical rates of 24.7% each year.
X
Financial health checks
We assess Clarocity's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Clarocity has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CLY Dividends

 What is Clarocity's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Clarocity dividends.
If you bought CA$2,000 of Clarocity shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Clarocity's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Clarocity's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CLY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Software Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 1.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:CLY Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Clarocity has not reported any payouts.
  • Unable to verify if Clarocity's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Clarocity's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Clarocity has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Clarocity's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Clarocity afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Clarocity has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CLY Management

 What is the CEO of Clarocity's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shane Copeland, image provided by Google.
Shane Copeland
COMPENSATION CA$439,329
TENURE AS CEO 2.9 years
CEO Bio

Mr. Shane Copeland has been the Chief Executive Officer of Clarocity Corporation since November 4, 2015. Mr. Copeland served as Vice President of National Sales at Kirchmeyer & Associates, Inc. until September 1, 2011. He joined the Kirchmeyer & Associates, Inc. in 2008. He served as a Interim Chief Executive Officer of AppraiserLoft since August 2011. He joined AppraiserLoft in 2008 and served as its Senior Vice President of national sales. He was responsible for sales, product development and consulting for appraisal, automated valuations and broker price opinions for lenders, realtors, servicers and real estate companies through integrations as well as developing and managing a national sales team. He was the Founder and Chief Executive Officer of the Valuation Vision business unit at Zaio Corporation, where Mr. Copeland has consistently demonstrated an ability to drive adoption of revenue from new disruptive products and solutions to top financial institutions such as Fannie Mae. Mr. Copeland held Executive Sales positions at Stewart Lender Services, ServiceLink/National Lender Solutions. He gained extensive knowledge while working with DataQuick Information Systems, Yavapai-Coconino Title Insurance Agency of Stewart Title and First American Title Insurance. Mr. Copeland has more than 24 years of experience in the mortgage and valuation disciplines in the real estate industry. Throughout his career, he has achieved success in executive management, sales, product innovation, operations and building. His experience has touched nearly every facet of the mortgage banking industry including title, data and analytics, appraisal management and valuation and advanced the utilization of advanced technology. Mr. Copeland has developed a reputation for delivering results and disrupting conventional wisdom with his constant focus on profitability, execution and sustained revenue growth. He has been Director of Clarocity Corporation since April 25, 2016.

CEO Compensation
  • Shane's compensation has increased whilst company is loss making.
  • Shane's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Clarocity management team in years:

2.5
Average Tenure
  • The tenure for the Clarocity management team is about average.
Management Team

Shane Copeland

TITLE
CEO & Director
COMPENSATION
CA$439K
TENURE
2.9 yrs

Dave Guebert

TITLE
Chief Financial Officer
COMPENSATION
CA$314K
TENURE
2.1 yrs

Ernest Durbin

TITLE
Chief Valuation Officer of Valuation Vision Inc
COMPENSATION
CA$406K
TENURE
0.6 yrs

Zan James

TITLE
Chief Operating Officer of Clarocity Valuation Services LLC
COMPENSATION
CA$393K

William Mohler

TITLE
Executive VP of Product & Marketing - Valuation Vision Inc
COMPENSATION
CA$393K

Brad Stinson

TITLE
COMPENSATION
CA$90K

Lisa Lyscio

TITLE
Manager of Investor Relations

Don Kelly

TITLE
Chief Communications Officer
TENURE
10.7 yrs

John Ross

TITLE
MD of Sales & VP

Donald Leitch

TITLE
Secretary
Board of Directors Tenure

Average tenure of the Clarocity board of directors in years:

2.6
Average Tenure
  • The average tenure for the Clarocity board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jim Boyle

TITLE
Chairman of the Board
COMPENSATION
CA$68K

Shane Copeland

TITLE
CEO & Director
COMPENSATION
CA$439K
TENURE
2.5 yrs

Robert Gloer

TITLE
Independent Director
COMPENSATION
CA$9K
TENURE
2.8 yrs

Willem Francois Galle

TITLE
Independent Director
COMPENSATION
CA$44K
TENURE
2.8 yrs

Nick Tillema

TITLE
Director
COMPENSATION
CA$56K
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
28. Mar 18 Buy StableView Asset Management Inc. Company 28. Feb 18 28. Feb 18 77,923 $4,683.64
25. Jan 18 Buy StableView Asset Management Inc. Company 30. Nov 17 30. Nov 17 88,235 $4,655.46
01. Dec 17 Buy StableView Asset Management Inc. Company 10. Oct 17 21. Nov 17 3,466,393 $302,804.13
X
Management checks
We assess Clarocity's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Clarocity has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CLY News

External News
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Simply Wall St News

Is Clarocity Corporation's (CVE:CLY) CEO Paid Enough To Stay Motivated?

Shane Copeland took the helm as Clarocity Corporation's (CVE:CLY) CEO and grew market cap to CA$5.98m recently. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

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One Thing To Consider Before Buying Clarocity Corporation (CVE:CLY)

For Clarocity Corporation’s (CVE:CLY) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Different characteristics of a stock expose it to various levels of market risk.

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Does Clarocity Corporation's (CVE:CLY) Past Performance Indicate A Weaker Future?

See our latest analysis for Clarocity Despite a decline, did CLY underperform the long-term trend and the industry? … I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … Looking at growth from a sector-level, the Canadian internet industry has been enduring some headwinds over the past twelve months, leading to an average earnings drop of -22.72%.

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What's The Cash Runway For Clarocity Corporation (TSXV:CLY)?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … TSXV:CLY Income Statement Nov 1st 17 When will CLY need to raise more cash? … Not surprisingly, if CLY continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.

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CLY Company Info

Map
Description

Clarocity Corporation designs and develops real estate valuation and report products. The company develops software for residential housing appraisal research in the metropolitan areas throughout the United States, as well as a suite of realtor powered valuation products. It also provides alternative valuation and appraisal fulfillment services. The company was formerly known as Zaio Corporation and changed its name to Clarocity Corporation in October 2016. Clarocity Corporation is headquartered in Carlsbad, California.

Details
Name: Clarocity Corporation
CLY
Exchange: TSXV
Founded:
CA$1,361,199
272,239,984
Website: http://www.clarocity.com
Address: Clarocity Corporation
3115 Melrose Drive,
Suite 130,
Carlsbad,
California, 92010,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CLY Common Voting Shares TSX Venture Exchange CA CAD 01. Apr 2004
OTCPK CLRY.F Common Voting Shares Pink Sheets LLC US USD 01. Apr 2004
DB 4ZA Common Voting Shares Deutsche Boerse AG DE EUR 01. Apr 2004
Number of employees
Current staff
Staff numbers
0
Clarocity employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/15 21:16
End of day share price update: 2018/10/15 00:00
Last estimates confirmation: 2018/04/30
Last earnings filing: 2018/08/29
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.