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mCloud Technologies TSXV:MCLD Stock Report

Last Price

CA$0.76

Market Cap

CA$25.6m

7D

0%

1Y

-73.7%

Updated

30 Aug, 2023

Data

Company Financials +

mCloud Technologies Corp.

TSXV:MCLD Stock Report

Market Cap: CA$25.6m

MCLD Stock Overview

mCloud Technologies Corp. provides asset management platform solutions combining IoT, artificial intelligence (AI), and cloud in North America, the Asia-Pacific, Europe, the Middle East, Africa, Australia, and China.

MCLD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health0/6
Dividends0/6

mCloud Technologies Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for mCloud Technologies
Historical stock prices
Current Share PriceCA$0.76
52 Week HighCA$3.28
52 Week LowCA$0.37
Beta0.056
1 Month Change0%
3 Month Change-2.56%
1 Year Change-73.70%
3 Year Change-90.29%
5 Year Change-95.22%
Change since IPO-94.18%

Recent News & Updates

Slammed 48% mCloud Technologies Corp. (CVE:MCLD) Screens Well Here But There Might Be A Catch

Apr 17
Slammed 48% mCloud Technologies Corp. (CVE:MCLD) Screens Well Here But There Might Be A Catch

mCloud Technologies Corp. (CVE:MCLD) Stock's 48% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Apr 17
mCloud Technologies Corp. (CVE:MCLD) Stock's 48% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Recent updates

Slammed 48% mCloud Technologies Corp. (CVE:MCLD) Screens Well Here But There Might Be A Catch

Apr 17
Slammed 48% mCloud Technologies Corp. (CVE:MCLD) Screens Well Here But There Might Be A Catch

mCloud Technologies Corp. (CVE:MCLD) Stock's 48% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Apr 17
mCloud Technologies Corp. (CVE:MCLD) Stock's 48% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Analysts Just Shaved Their mCloud Technologies Corp. (CVE:MCLD) Forecasts Dramatically

Aug 18
Analysts Just Shaved Their mCloud Technologies Corp. (CVE:MCLD) Forecasts Dramatically

Need To Know: Analysts Just Made A Substantial Cut To Their mCloud Technologies Corp. (CVE:MCLD) Estimates

Feb 18
Need To Know: Analysts Just Made A Substantial Cut To Their mCloud Technologies Corp. (CVE:MCLD) Estimates

Analyst Forecasts Just Became More Bearish On mCloud Technologies Corp. (CVE:MCLD)

Nov 30
Analyst Forecasts Just Became More Bearish On mCloud Technologies Corp. (CVE:MCLD)

Auditors Have Doubts About mCloud Technologies (CVE:MCLD)

Mar 30
Auditors Have Doubts About mCloud Technologies (CVE:MCLD)

Would Shareholders Who Purchased mCloud Technologies' (CVE:MCLD) Stock Year Be Happy With The Share price Today?

Mar 07
Would Shareholders Who Purchased mCloud Technologies' (CVE:MCLD) Stock Year Be Happy With The Share price Today?

Shareholder Returns

MCLDCA SoftwareCA Market
7D0%0.4%0.4%
1Y-73.7%38.3%9.0%

Return vs Industry: MCLD underperformed the Canadian Software industry which returned 36.5% over the past year.

Return vs Market: MCLD underperformed the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is MCLD's price volatile compared to industry and market?
MCLD volatility
MCLD Average Weekly Movementn/a
Software Industry Average Movement8.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: MCLD's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine MCLD's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017216Russ McMeekinhttps://www.mcloudcorp.com

mCloud Technologies Corp., a technology company, provides asset management platform solutions combining IoT, artificial intelligence (AI), and cloud in North America, the Asia-Pacific, Europe, the Middle East, Africa, Australia, and China. Its AI-powered AssetCare platform offers asset management solutions, such as Connected Buildings, an AI and analytics solution to automate and remotely manage commercial buildings; Connected Workers, a cloud software to assist workers in the field to stay connected to experts remotely, facilitate repairs, and provide workers with an AI-powered digital assistant; Connected Energy for the inspection of wind turbine blades using AI-powered computer vision and the deployment of analytics to maximize wind farm energy production yield and availability; Connected Industry, to process assets and control endpoint monitoring, equipment health, and asset inventory management, as well as for the management of change across distributed teams; and Connected Health, which includes remote health monitoring and connectivity to caregivers using mobile apps and wireless sensors. mCloud Technologies Corp. has a strategic partnership with Google Cloud to launch three AI-powered sustainability applications with the combination of its AssetCare platform.

mCloud Technologies Corp. Fundamentals Summary

How do mCloud Technologies's earnings and revenue compare to its market cap?
MCLD fundamental statistics
Market capCA$25.65m
Earnings (TTM)-CA$36.46m
Revenue (TTM)CA$13.78m

1.9x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCLD income statement (TTM)
RevenueCA$13.78m
Cost of RevenueCA$6.85m
Gross ProfitCA$6.93m
Other ExpensesCA$43.39m
Earnings-CA$36.46m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.08
Gross Margin50.29%
Net Profit Margin-264.67%
Debt/Equity Ratio-200.2%

How did MCLD perform over the long term?

See historical performance and comparison
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