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GINSMS

TSXV:GOK
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GOK
TSXV
CA$15M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

GINSMS Inc. operates as a mobile technology and services company in Singapore, the United Arab Emirates, other Asia countries, Europe, the United States, and internationally. The last earnings update was 85 days ago. More info.


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GOK Share Price and Events
7 Day Returns
0%
TSXV:GOK
-0.1%
CA Software
0.8%
CA Market
1 Year Returns
-
TSXV:GOK
5.3%
CA Software
-1.6%
CA Market
GOK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GINSMS (GOK) 0% 0% 0% - -70.6% -13%
CA Software -0.1% 14.2% 1.2% 5.3% 77.9% 123%
CA Market 0.8% 7% 0.1% -1.6% 22.4% 6.1%
1 Year Return vs Industry and Market
  • No trading data on GOK.
  • No trading data on GOK.
Price Volatility
GOK
Industry
5yr Volatility vs Market

Value

 Is GINSMS 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 GINSMS is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GINSMS 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 GINSMS. This is due to cash flow or dividend data being unavailable. The share price is CA$0.1.
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 GINSMS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GINSMS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GOK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:GOK Share Price ** TSXV (2018-11-07) in CAD CA$0.1
Canada Software Industry PE Ratio Median Figure of 15 Publicly-Listed Software Companies 55.81x
Canada Market PE Ratio Median Figure of 558 Publicly-Listed Companies 14.32x

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

** Primary Listing of GINSMS.

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

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

= 0.1 ÷ -0.01

-12.24x

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

  • GINSMS is loss making, we can't compare its value to the CA Software industry average.
  • GINSMS is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does GINSMS's expected growth come at a high price?
Raw Data
TSXV:GOK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.24x
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 9 Publicly-Listed Software Companies 2.88x
Canada Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 0.96x

*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 GINSMS, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GINSMS's assets?
Raw Data
TSXV:GOK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.04
TSXV:GOK Share Price * TSXV (2018-11-07) in CAD CA$0.1
Canada Software Industry PB Ratio Median Figure of 63 Publicly-Listed Software Companies 2.92x
Canada Market PB Ratio Median Figure of 2,314 Publicly-Listed Companies 1.51x
TSXV:GOK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.1 ÷ -0.04

-2.65x

* Primary Listing of GINSMS.

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

  • GINSMS 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 GOK’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 GINSMS'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 GINSMS'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. GINSMS 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.

Future Performance

 How is GINSMS 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 GINSMS 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
-2%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GINSMS expected to grow at an attractive rate?
  • Unable to compare GINSMS's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GINSMS's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare GINSMS's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GOK Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average -2%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 15.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:GOK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:GOK Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:GOK Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 6 0 -1
2018-06-30 7 -0 -1
2018-03-31 8 -0 -1
2017-12-31 7 -0 -1
2017-09-30 7 -1 -1
2017-06-30 7 -0 -1
2017-03-31 6 -0 -2
2016-12-31 6 -1 -2
2016-09-30 6 -1 -2
2016-06-30 6 -1 -2
2016-03-31 6 -1 -3
2015-12-31 5 -1 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GINSMS is high growth as no earnings estimate data is available.
  • Unable to determine if GINSMS 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:GOK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GINSMS Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GOK Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:GOK Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.03
2015-12-31 -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 GINSMS will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of GOK’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. GINSMS'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. GINSMS'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 GINSMS'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.
GINSMS 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.

Past Performance

  How has GINSMS 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 GINSMS'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.
  • GINSMS does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare GINSMS's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GINSMS's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
GINSMS'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 GINSMS Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GOK Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 6.23 -1.22 1.30
2018-06-30 7.20 -1.03 1.21
2018-03-31 7.78 -1.09 1.23
2017-12-31 7.39 -1.12 1.34
2017-09-30 7.09 -1.25 1.34
2017-06-30 6.67 -1.46 1.53
2017-03-31 6.42 -1.67 1.60
2016-12-31 6.48 -1.51 1.55
2016-09-30 6.30 -1.78 1.83
2016-06-30 6.16 -2.29 1.81
2016-03-31 5.55 -2.63 1.68
2015-12-31 4.71 -6.79 1.81
2015-09-30 3.66 -6.91 1.54
2015-06-30 2.64 -6.88 1.56
2015-03-31 1.91 -6.77 1.56
2014-12-31 1.30 -3.40 1.72
2014-09-30 1.12 -3.36 1.72
2014-06-30 1.02 -3.33 1.74
2014-03-31 1.13 -2.97 1.81
2013-12-31 1.43 -2.70 1.79
2013-09-30 1.65 -2.27 1.75
2013-06-30 1.59 -1.86 1.82
2013-03-31 1.30 -1.53 1.53
2012-12-31 0.94 -1.18 1.41
2012-09-30 0.63 -0.94 1.19
2012-06-30 0.66 -0.56 0.85
2012-03-31 0.69 -0.49 0.81

*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 GINSMS 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 GINSMS 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 GINSMS 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 GINSMS'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.
GINSMS 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.

Health

 How is GINSMS'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 GINSMS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GINSMS's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • GINSMS's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of GINSMS'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.
  • GINSMS 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 GINSMS Company Filings, last reported 4 months ago.

TSXV:GOK Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -5.66 5.26 0.25
2018-06-30 -5.38 5.12 0.15
2018-03-31 -5.20 5.08 0.16
2017-12-31 -4.88 4.94 0.34
2017-09-30 -4.45 4.71 0.12
2017-06-30 -4.47 4.81 0.41
2017-03-31 -4.98 4.59 0.10
2016-12-31 -4.67 4.44 0.14
2016-09-30 -4.26 4.16 0.11
2016-06-30 -3.88 3.88 0.06
2016-03-31 -3.58 3.82 0.18
2015-12-31 -3.22 3.34 0.31
2015-09-30 -2.62 3.14 0.13
2015-06-30 -10.86 11.56 0.17
2015-03-31 -10.06 10.98 0.52
2014-12-31 -5.65 9.64 0.02
2014-09-30 -4.83 8.88 0.09
2014-06-30 -3.96 7.59 0.15
2014-03-31 -3.22 7.48 0.12
2013-12-31 -2.27 6.79 0.18
2013-09-30 -1.55 6.46 0.45
2013-06-30 -0.68 6.15 0.67
2013-03-31 -0.37 5.97 0.97
2012-12-31 0.00 5.97 0.68
2012-09-30 0.31 5.63 0.71
2012-06-30 0.70 0.00 0.46
2012-03-31 0.73 0.00 0.55
  • GINSMS has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if GINSMS'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.

  • GINSMS has sufficient cash runway for 1.5 years based on current free cash flow.
  • GINSMS has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -41% each year.
X
Financial health checks
We assess GINSMS'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. GINSMS has a total score of 2/6, 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.

Dividends

 What is GINSMS'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 GINSMS dividends.
If you bought CA$2,000 of GINSMS 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 GINSMS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GINSMS'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:GOK 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 28 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.2%
Canada Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

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

TSXV:GOK 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 GINSMS has not reported any payouts.
  • Unable to verify if GINSMS's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GINSMS's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GINSMS 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 GINSMS'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 GINSMS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GINSMS 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.

Management

 What is the CEO of GINSMS'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
Joel Siang
COMPENSATION CA$135,920
AGE 45
TENURE AS CEO 6.1 years
CEO Bio

Mr. Hui Chin Siang, also known as Joel, has been the Chief Executive Officer of GINSMS Inc since January 8, 2013. Mr. Chin co-founded Inphosoft Group Pte. Ltd. in January 2009 and has been its Chief Executive Officer since January 2009. From May 2002 to December 2008, Mr. Chin served as Chief Executive Officer of Inphosoft Pte. Ltd. He served as Chief Executive Officer of Inphomatch Pte. Ltd. Mr. Chin has more than 15 years of experience in the wireless services industry. He has been a Director of GINSMS Inc. since December 3, 2012. He graduated in 1997 with a Bachelor of Applied Science and Computer Engineering with merit from Nanyang Technological University, Singapore.

CEO Compensation
  • Joel's compensation has been consistent with company performance over the past year.
  • Joel's remuneration is about average for companies of similar size in Canada.
Management Team

Joel Siang

TITLE
CEO & Director
COMPENSATION
CA$136K
AGE
45
TENURE
6.1 yrs

Ming Shum Chee

TITLE
Interim Chief Financial Officer
COMPENSATION
CA$68K
TENURE
3.4 yrs

Bruno Caron

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the GINSMS board of directors in years:

8
Average Tenure
50.5
Average Age
  • The tenure for the GINSMS board of directors is about average.
Board of Directors

Joel Siang

TITLE
CEO & Director
COMPENSATION
CA$136K
AGE
45
TENURE
6.2 yrs

Ben Leung

TITLE
Director
COMPENSATION
CA$20K
AGE
58
TENURE
9.8 yrs

Paul Law

TITLE
Director
COMPENSATION
CA$20K
AGE
56
TENURE
9.8 yrs

Vivian Lau

TITLE
Director
AGE
40
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess GINSMS'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. GINSMS 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.

News

Simply Wall St News

Should You Worry About GINSMS Inc's (CVE:GOK) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Joel Siang's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below CA$262m.

Simply Wall St -

Does GINSMS Inc's (CVE:GOK) CEO Pay Compare Well With Peers?

Joel Siang is the CEO of GINSMS Inc (CVE:GOK), which has recently grown to a market capitalization of CA$20.97m. … 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.

Simply Wall St -

Does GINSMS Inc's (CVE:GOK) Past Performance Indicate A Stronger Future?

Today I will examine GINSMS Inc's (TSXV:GOK) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of GOK's industry performed. … See our latest analysis for GINSMS Commentary On GOK's Past Performance I prefer to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the last five years GINSMS's top-line has risen by 37.35% on average, implying that the company is in a high-growth period with expenses shooting ahead of revenues, leading to annual losses.

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Is GINSMS Inc's (CVE:GOK) CEO Overpaid Relative To Its Peers?

Earnings is a powerful indication of GOK's ability to invest shareholders' funds and generate returns. … Most recently, GOK produced negative earnings of -CA$1.12M. … Usually I'd use market cap and profit as factors determining performance, however, GOK's negative earnings lower the effectiveness of this method.

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Should You Be Concerned About GINSMS Inc's (CVE:GOK) Investors?

See our latest analysis for GINSMS TSXV:GOK Ownership_summary Mar 13th 18 General Public Ownership The general public holds a substantial 15.63% stake in GOK, making it a highly popular stock among retail investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A large shareholding of GOK by the general public could mean higher market liquidity to buy and sell shares for retail investors, and also the potential to have more influence over company policies as a collective.

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Did GINSMS Inc's (CVE:GOK) Earnings Growth Outperform The Industry?

TSXV:GOK Income Statement Mar 2nd 18 We can further analyze GINSMS's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years GINSMS's top-line has increased by 37.92% on average, implying that the company is in a high-growth phase with expenses racing ahead revenues, leading to annual losses. … Inspecting growth from a sector-level, the Canadian software industry has been growing its average earnings by double-digit 13.38% in the previous year, and 18.16% over the past five years.

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TSXV Tech Industry: A Deep Dive Into GINSMS Inc (CVE:GOK)

In this article, I’ll take you through the tech sector growth expectations, and also determine whether GINSMS is a laggard or leader relative to its tech sector peers. … See our latest analysis for GINSMS What’s the catalyst for GINSMS's sector growth? … Over the past year, the industry saw growth in the teens, beating the Canadian market growth of 13.30%.

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GINSMS Inc (CVE:GOK): Is It Growing Too Fast?

Additional cash raising may dilute the value of your shares, and since GINSMS is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … Looking at GINSMS’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … TSXV:GOK Income Statement Jan 17th 18 When will GINSMS need to raise more cash?

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Why GINSMS Inc's (CVE:GOK) CEO Salary Matters To You

Profitability of a company is a strong indication of GOK's ability to generate returns on shareholders' funds through corporate activities. … Normally I would use earnings and market cap to account for variations in performance, however, GOK's negative earnings reduces the usefulness of my formula. … Although remuneration can be a useful gauge of whether Siang's incentives are well-aligned with GOK's shareholders, it is certainly not sufficient to base your investment decision solely on this factor.

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Has GINSMS Inc (TSXV:GOK) Improved Earnings Growth In Recent Times?

When GINSMS Inc (TSXV:GOK) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for GINSMS How GOK fared against its long-term earnings performance and its industry I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … This shows that, while GINSMS is currently loss-making, it may have been aided by industry tailwinds, moving earnings in the right direction.What does this mean?

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Company Info

Map
Description

GINSMS Inc. operates as a mobile technology and services company in Singapore, the United Arab Emirates, other Asia countries, Europe, the United States, and internationally. It operates in two segments, Messaging Business, and Software Products and Services. The company offers application-to-person messaging services that are used by mobile application developers to deliver one-time-passwords for authentication of over-the-top mobile applications, in-app purchase confirmations, or for the promotion of latest game releases; and by enterprises and financial institutions in the areas of mobile marketing, mobile transactions, security, customer relationship management, and enterprise resource planning, as well as provides short message service (SMS), a hub service that offers inter-operator SMS services to mobile telecom operators. It also provides telecom products and platforms, which include mobile content management systems, streaming gateways, service delivery platforms, single-sign-on systems, mobisite creators, mobile campaign management systems, mobile advertising systems, social networking gateways, appstores, loyalty and reward systems, and subscription gateways. In addition, the company offers mobile advertising and new media, a one-stop mobile marketing and advertising service to advertisers, as well as mobile application services, such as Happy Hours and Go Mall under the Right Here Media brand. GINSMS Inc. was incorporated in 2009 and is based in Calgary, Canada. GINSMS Inc. is a subsidiary of Xinhua Mobile Limited.

Details
Name: GINSMS Inc.
GOK
Exchange: TSXV
Founded: 2009
CA$14,979,386
149,793,861
Website: http://www.ginsms.com
Address: GINSMS Inc.
700 - 9th Avenue SW,
Suite 3000,
Calgary,
Alberta, T2P 3V4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GOK Common Shares TSX Venture Exchange CA CAD 18. Dec 2009
Number of employees
Current staff
Staff numbers
0
GINSMS employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/05 00:25
End of day share price update: 2018/11/07 00:00
Last estimates confirmation: 2018/02/13
Last earnings filing: 2018/11/12
Last earnings reported: 2018/09/30
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.