mCloud Technologies Corp. provides asset management solutions combining IoT, cloud computing, artificial intelligence (AI), and analytics worldwide. More Details
Imperfect balance sheet with limited growth.
Share Price & News
How has mCloud Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCLD is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MCLD's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MCLD underperformed the Canadian Software industry which returned 42.9% over the past year.
Return vs Market: MCLD underperformed the Canadian Market which returned 1.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is mCloud Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StRevenue Downgrade: Here's What Analysts Forecast For mCloud Technologies Corp. (CVE:MCLD)
2 months ago | Simply Wall StmCloud Technologies Corp. (CVE:MCLD) Shares Could Be 47% Below Their Intrinsic Value Estimate
4 months ago | Simply Wall StmCloud Technologies Corp. (CVE:MCLD): Is Breakeven Near?
Is mCloud Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MCLD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MCLD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCLD is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.
PE vs Market: MCLD is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCLD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCLD is good value based on its PB Ratio (5.2x) compared to the CA Software industry average (8x).
How is mCloud Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MCLD's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if MCLD's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MCLD's revenue (55.2% per year) is forecast to grow faster than the Canadian market (7.9% per year).
High Growth Revenue: MCLD's revenue (55.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCLD's Return on Equity is forecast to be high in 3 years time
How has mCloud Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCLD is currently unprofitable.
Growing Profit Margin: MCLD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCLD is unprofitable, and losses have increased over the past 5 years at a rate of 55.8% per year.
Accelerating Growth: Unable to compare MCLD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCLD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (31.8%).
Return on Equity
High ROE: MCLD has a negative Return on Equity (-254.16%), as it is currently unprofitable.
How is mCloud Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: MCLD's short term assets (CA$16.6M) do not cover its short term liabilities (CA$19.9M).
Long Term Liabilities: MCLD's short term assets (CA$16.6M) do not cover its long term liabilities (CA$36.0M).
Debt to Equity History and Analysis
Debt Level: MCLD's debt to equity ratio (277.7%) is considered high.
Reducing Debt: Insufficient data to determine if MCLD's debt to equity ratio has reduced over the past 5 years.
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.
Stable Cash Runway: MCLD has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MCLD is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
What is mCloud Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCLD'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 MCLD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCLD'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 MCLD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Russ McMeekin (54 yo)
Mr. Russel H. McMeekin, also known as Russ, is the Co-Founder of Universal mCloud Corp. Mr. McMeekin serves as the Chief Executive Officer and President of mCloud Technologies Corp. (formerly known as Univ...
|Co-Founder||2.25yrs||no data||2.03% |
|Co-Founder||no data||no data||2.63% |
|Co-Founder and Chief Growth & Revenue Officer||no data||no data||1.99% |
|Executive VP & CFO||1.67yrs||no data||0.0042% |
|Chief Product & Technology Officer||1.42yrs||no data||no data|
|President of Connected Solutions & Chief Marketing Officer||no data||no data||no data|
|President of Advanced Visualization Solutions||2.58yrs||no data||no data|
|President of mCloud UK & EMEA||0.83yr||no data||no data|
|President of North America||0.58yr||no data||no data|
|President of Greater China||3yrs||no data||no data|
|President of AssetCareTM Connect||2.75yrs||no data||no data|
Experienced Management: MCLD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Co-Founder||2.25yrs||no data||2.03% |
|Independent Director||4.17yrs||no data||no data|
|Independent Director||2.25yrs||no data||no data|
|Independent Director||1.33yrs||no data||0.20% |
Experienced Board: MCLD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MCLD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.6%.
mCloud Technologies Corp.'s company bio, employee growth, exchange listings and data sources
- Name: mCloud Technologies Corp.
- Ticker: MCLD
- Exchange: TSXV
- Industry: Application Software
- Sector: Software
- Market Cap: CA$55.015m
- Shares outstanding: 27.51m
- Website: https://www.mcloudcorp.com
- mCloud Technologies Corp.
- 550-510 Burrard Street
- British Columbia
- V6C 3A8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MCLD||TSXV (TSX Venture Exchange)||Yes||New Common Shares||CA||CAD||Oct 2017|
|MCLD.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Oct 2017|
mCloud Technologies Corp. provides asset management solutions combining IoT, cloud computing, artificial intelligence (AI), and analytics worldwide. Its AI-powered AssetCare platform offers asset managemen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/16 23:28|
|End of Day Share Price||2021/01/15 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.