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MCLD

mCloud TechnologiesTSXV:MCLD Stock Report

Market Cap

CA$90.8m

7D

-8.9%

1Y

4.6%

Updated

28 Nov, 2021

Data

Company Financials +
MCLD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

MCLD Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for mCloud Technologies
Historical stock prices
Current Share PriceCA$5.74
52 Week HighCA$9.75
52 Week LowCA$3.15
Beta0.86
1 Month Change-16.81%
3 Month Change-11.01%
1 Year Change4.55%
3 Year Change-42.02%
5 Year Changen/a
Change since IPO-56.02%

Recent News & Updates

Shareholder Returns

MCLDCA SoftwareCA Market
7D-8.9%-4.4%-1.7%
1Y4.6%36.0%21.9%

Return vs Industry: MCLD underperformed the Canadian Software industry which returned 36.2% over the past year.

Return vs Market: MCLD underperformed the Canadian Market which returned 22.1% over the past year.

Price Volatility

Is MCLD's price volatile compared to industry and market?
MCLD volatility
MCLD Average Weekly Movement10.3%
Software Industry Average Movement11.5%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
2017230Russ 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 Health, a health insurance portability and accountability act (HIPAA)-compliant remote health monitoring and connectivity solution; 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 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. The company was formerly known as Universal mCloud Corp. and changed its name to mCloud Technologies Corp. in October 2019.

mCloud Technologies Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
MCLD income statement (TTM)
RevenueCA$30.95m
Cost of RevenueCA$11.71m
Gross ProfitCA$19.24m
ExpensesCA$55.99m
Earnings-CA$36.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 29, 2021

Earnings per share (EPS)-2.32
Gross Margin62.17%
Net Profit Margin-118.73%
Debt/Equity Ratio513.2%

How did MCLD perform over the long term?

See historical performance and comparison

Valuation

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

18.41x

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 Canadian 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 overvalued based on its PB Ratio (18.4x) compared to the CA Software industry average (5.4x).


Future Growth

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

57.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCLD is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MCLD is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MCLD is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MCLD's revenue (59.8% per year) is forecast to grow faster than the Canadian market (5.6% per year).

High Growth Revenue: MCLD's revenue (59.8% 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


Past Performance

How has mCloud Technologies performed over the past 5 years?

-47.5%

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 47.5% 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 (35.4%).


Return on Equity

High ROE: MCLD has a negative Return on Equity (-372.53%), as it is currently unprofitable.


Financial Health

How is mCloud Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: MCLD's short term assets (CA$23.1M) do not cover its short term liabilities (CA$43.1M).

Long Term Liabilities: MCLD's short term assets (CA$23.1M) do not cover its long term liabilities (CA$28.2M).


Debt to Equity History and Analysis

Debt Level: MCLD's net debt to equity ratio (443.3%) 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 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MCLD has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 45.4% each year.


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?

2.3yrs

Average management tenure


CEO

Russ McMeekin (55 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

Experienced Management: MCLD's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: MCLD's board of directors are not considered experienced ( 2.2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 72.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: mCloud Technologies Corp.
  • Ticker: MCLD
  • Exchange: TSXV
  • Founded: 2017
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$90.824m
  • Shares outstanding: 15.82m
  • Website: https://www.mcloudcorp.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 23:17
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.