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Market Cap

CA$8.1m

Last Updated

2021/04/15 23:38 UTC

Data Sources

Company Financials

Executive Summary

AirIQ Inc. develops and operates a telematics asset management system using specialized software, digitized mapping, wireless communications, the internet, and the global positioning system in Canada. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has AirIQ's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IQ is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: IQ's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

IQ

2.7%

CA Software

0.2%

CA Market


1 Year Return

22.7%

IQ

82.4%

CA Software

41.7%

CA Market

Return vs Industry: IQ underperformed the Canadian Software industry which returned 80.4% over the past year.

Return vs Market: IQ exceeded the Canadian Market which returned 38.6% over the past year.


Shareholder returns

IQIndustryMarket
7 Day-1.8%2.7%0.2%
30 Day-10.0%2.7%0.6%
90 Day-25.0%8.8%7.4%
1 Year22.7%22.7%91.0%82.4%46.4%41.7%
3 Year42.1%42.1%94.7%83.9%30.9%18.4%
5 Year145.5%145.5%206.2%186.3%56.5%32.9%

Long-Term Price Volatility Vs. Market

How volatile is AirIQ's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AirIQ undervalued compared to its fair value and its price relative to the market?

12.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IQ (CA$0.29) is trading above our estimate of fair value (CA$0.19)

Significantly Below Fair Value: IQ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IQ is good value based on its PE Ratio (12.9x) compared to the CA Software industry average (46.2x).

PE vs Market: IQ is good value based on its PE Ratio (12.9x) compared to the Canadian market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IQ is good value based on its PB Ratio (3.2x) compared to the CA Software industry average (10.7x).


Future Growth

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

30.2%

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 AirIQ 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.


Past Performance

How has AirIQ performed over the past 5 years?

15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IQ has a high level of non-cash earnings.

Growing Profit Margin: IQ's current net profit margins (17.8%) are higher than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: IQ's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: IQ's earnings growth over the past year (33.7%) exceeds its 5-year average (15.4% per year).

Earnings vs Industry: IQ earnings growth over the past year (33.7%) underperformed the Software industry 38.8%.


Return on Equity

High ROE: IQ's Return on Equity (24.9%) is considered high.


Financial Health

How is AirIQ's financial position?


Financial Position Analysis

Short Term Liabilities: IQ's short term assets (CA$2.7M) exceed its short term liabilities (CA$1.0M).

Long Term Liabilities: IQ's short term assets (CA$2.7M) exceed its long term liabilities (CA$114.0K).


Debt to Equity History and Analysis

Debt Level: IQ's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if IQ's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IQ's debt is well covered by operating cash flow (1622.5%).

Interest Coverage: IQ earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is AirIQ current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IQ'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 IQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IQ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IQ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.4yrs

Average board tenure


CEO

Mike Robb

6.67yrs

Tenure

CA$188,539

Compensation

Mr. Michael J. Robb, also known as Mike, has been the Chief Executive Officer and President of AirIQ Inc. since August 30, 2014 and as served as its Chief Financial Officer since December 7, 2016 until Apr...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD150.32K) is about average for companies of similar size in the Canadian market ($USD152.43K).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: IQ's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AirIQ Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AirIQ Inc.
  • Ticker: IQ
  • Exchange: TSXV
  • Founded: 1997
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$8.051m
  • Shares outstanding: 29.71m
  • Website: https://www.airiq.com

Location

  • AirIQ Inc.
  • 1815 Ironstone Manor
  • Unit 9
  • Pickering
  • Ontario
  • L1W 3W9
  • Canada

Listings


Biography

AirIQ Inc. develops and operates a telematics asset management system using specialized software, digitized mapping, wireless communications, the internet, and the global positioning system in Canada. Its ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/15 23:38
End of Day Share Price2021/04/15 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.