IQ Stock Overview
AirIQ Inc. provides IoT based asset management solutions in Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.27|
|52 Week High||CA$0.35|
|52 Week Low||CA$0.26|
|1 Month Change||-8.48%|
|3 Month Change||-10.00%|
|1 Year Change||-10.00%|
|3 Year Change||50.00%|
|5 Year Change||68.75%|
|Change since IPO||-99.51%|
Recent News & Updates
Calculating The Intrinsic Value Of AirIQ Inc. (CVE:IQ)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of AirIQ Inc. ( CVE:IQ...
Shareholders Would Not Be Objecting To AirIQ Inc.'s (CVE:IQ) CEO Compensation And Here's Why
It would be hard to discount the role that CEO Mike Robb has played in delivering the impressive results at AirIQ Inc...
|IQ||CA Software||CA Market|
Return vs Industry: IQ exceeded the Canadian Software industry which returned -18.8% over the past year.
Return vs Market: IQ underperformed the Canadian Market which returned 4.2% over the past year.
|IQ Average Weekly Movement||7.5%|
|Software Industry Average Movement||11.8%|
|Market Average Movement||9.6%|
|10% most volatile stocks in CA Market||16.4%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: IQ is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IQ's weekly volatility (7%) has been stable over the past year.
About the Company
AirIQ Inc. provides IoT based asset management solutions in Canada. Its web-based platform provides fleet operators and vehicle owners with a suite of asset management solutions to monitor, manage, and protect their assets. The company offers its services through online or a mobile app, including instant vehicle locating, boundary notification, automated inventory reports, maintenance reminders, security alerts, and vehicle disabling and unauthorized movement alerts.
AirIQ Fundamentals Summary
|IQ fundamental statistics|
Is IQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IQ income statement (TTM)|
|Cost of Revenue||CA$1.62m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.018|
|Net Profit Margin||12.35%|
How did IQ perform over the long term?See historical performance and comparison
Is AirIQ undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IQ (CA$0.27) is trading below our estimate of fair value (CA$0.4)
Significantly Below Fair Value: IQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IQ is good value based on its PE Ratio (15.4x) compared to the Canadian Software industry average (44.7x).
PE vs Market: IQ is poor value based on its PE Ratio (15.4x) compared to the Canadian market (11.4x).
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 overvalued based on its PB Ratio (2.6x) compared to the CA Software industry average (2.5x).
How is AirIQ forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has AirIQ performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IQ has high quality earnings.
Growing Profit Margin: IQ's current net profit margins (12.4%) are lower than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: IQ's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: IQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IQ had negative earnings growth (-22%) over the past year, making it difficult to compare to the Software industry average (-9.1%).
Return on Equity
High ROE: IQ's Return on Equity (16.7%) is considered low.
How is AirIQ's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IQ's short term assets (CA$3.1M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: IQ's short term assets (CA$3.1M) exceed its long term liabilities (CA$168.0K).
Debt to Equity History and Analysis
Debt Level: IQ has more cash than its total debt.
Reducing Debt: IQ's debt to equity ratio has reduced from 2.9% to 1.3% over the past 5 years.
Debt Coverage: IQ's debt is well covered by operating cash flow (2977.5%).
Interest Coverage: Insufficient data to determine if IQ's interest payments on its debt are well covered by EBIT.
What is AirIQ current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IQ's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IQ has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Michael J. Robb, also known as Mike, has been the Chief Executive Officer and President of AirIQ Inc. since August 20, 2014 and served as its Chief Financial Officer since December 7, 2016 until April...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD174.10K) is about average for companies of similar size in the Canadian market ($USD168.45K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Board: IQ's board of directors are considered experienced (9.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IQ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AirIQ Inc.'s employee growth, exchange listings and data sources
- Name: AirIQ Inc.
- Ticker: IQ
- Exchange: TSXV
- Founded: 1997
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$8.027m
- Shares outstanding: 29.73m
- Website: https://www.airiq.com
- AirIQ Inc.
- 1815 Ironstone Manor
- Unit 9
- L1W 3W9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.