TSXV:MCLD

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mCloud Technologies

Executive Summary

mCloud Technologies Corp. provides asset management solutions combining IoT, cloud computing, artificial intelligence (AI), and analytics worldwide. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

5.3%

MCLD

-0.2%

CA Software

-0.5%

CA Market


1 Year Return

-64.9%

MCLD

42.0%

CA Software

1.6%

CA Market

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.


Shareholder returns

MCLDIndustryMarket
7 Day5.3%-0.2%-0.5%
30 Day14.3%4.1%2.9%
90 Day-21.6%20.3%12.2%
1 Year-64.9%-64.9%42.5%42.0%5.3%1.6%
3 Year-44.4%-44.4%64.1%60.7%13.1%2.3%
5 Yearn/a168.4%159.4%66.1%40.5%

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

Valuation

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

5.23x

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).


Next Steps

Future Growth

How is mCloud Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

55.2%

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


Next Steps

Past Performance

How has mCloud Technologies performed over the past 5 years?

-55.8%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Russ McMeekin (54 yo)

no data

Tenure

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...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Sicuro
Co-Founder2.25yrsno data2.03%
CA$ 1.1m
Russel McMeekin
Co-Founderno datano data2.63%
CA$ 1.4m
Costantino Lanza
Co-Founder and Chief Growth & Revenue Officerno datano data1.99%
CA$ 1.1m
Chantal Schutz
Executive VP & CFO1.67yrsno data0.0042%
CA$ 2.3k
Jim Christian
Chief Product & Technology Officer1.42yrsno datano data
Barry Po
President of Connected Solutions & Chief Marketing Officerno datano datano data
Dave Weinerth
President of Advanced Visualization Solutions2.58yrsno datano data
Nitin Kapoor
President of mCloud UK & EMEA0.83yrno datano data
Patrick O'Neill
President of North America0.58yrno datano data
Yan Zhao
President of Greater China3yrsno datano data
Abe Shasha
President of AssetCareTM Connect2.75yrsno datano data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Management: MCLD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Sicuro
Co-Founder2.25yrsno data2.03%
CA$ 1.1m
Michael Allman
Independent Director4.17yrsno datano data
Elizabeth MacLean
Independent Director2.25yrsno datano data
Ian Russell
Independent Director1.33yrsno data0.20%
CA$ 112.2k

2.3yrs

Average Tenure

Experienced Board: MCLD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.6%.


Top Shareholders

Company Information

mCloud Technologies Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: mCloud Technologies Corp.
  • Ticker: MCLD
  • Exchange: TSXV
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$55.015m
  • Shares outstanding: 27.51m
  • Website: https://www.mcloudcorp.com

Location

  • mCloud Technologies Corp.
  • 550-510 Burrard Street
  • Vancouver
  • British Columbia
  • V6C 3A8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCLDTSXV (TSX Venture Exchange)YesNew Common SharesCACADOct 2017
MCLD.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDOct 2017

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 23:28
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.