Executive Summary
Voleo Trading Systems Inc., a mobile-focused fintech company, develops mobile applications and software platforms for investors. More Details
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Voleo Trading Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRAD is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 27% a week.
Volatility Over Time: TRAD's weekly volatility has decreased from 37% to 27% over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
-15.6%
TRAD
6.2%
CA Software
0.7%
CA Market
1 Year Return
-50.9%
TRAD
46.9%
CA Software
2.1%
CA Market
Return vs Industry: TRAD underperformed the Canadian Software industry which returned 45.9% over the past year.
Return vs Market: TRAD underperformed the Canadian Market which returned 2% over the past year.
Shareholder returns
| TRAD | Industry | Market | |
|---|---|---|---|
| 7 Day | -15.6% | 6.2% | 0.7% |
| 30 Day | 0% | 8.9% | 4.6% |
| 90 Day | 45.9% | 30.9% | 13.5% |
| 1 Year | -50.9%-50.9% | 47.5%46.9% | 5.8%2.1% |
| 3 Year | n/a | 76.1%72.4% | 13.9%3.1% |
| 5 Year | n/a | 182.3%173.3% | 67.3%41.6% |
Long-Term Price Volatility Vs. Market
How volatile is Voleo Trading Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Here's Why Voleo Trading Systems (CVE:TRAD) Must Use Its Cash Wisely9 months ago | Simply Wall St
Do Institutions Own Voleo Trading Systems Inc. (CVE:TRAD) Shares?11 months ago | Simply Wall St
Are Insiders Buying Voleo Trading Systems Inc. (CVE:TRAD) Stock?Valuation
Is Voleo Trading Systems undervalued compared to its fair value and its price relative to the market?
7.94x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TRAD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRAD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRAD is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.
PE vs Market: TRAD 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 TRAD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRAD is overvalued based on its PB Ratio (9.4x) compared to the CA Software industry average (7.8x).
Next Steps
Future Growth
How is Voleo Trading Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.0%
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 Voleo Trading Systems 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.
Next Steps
- Examine Voleo Trading Systems's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Voleo Trading Systems competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Voleo Trading Systems performed over the past 5 years?
63.5%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: TRAD is currently unprofitable.
Growing Profit Margin: TRAD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TRAD's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TRAD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRAD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (31.8%).
Return on Equity
High ROE: TRAD has a negative Return on Equity (-502.83%), as it is currently unprofitable.
Next Steps
Financial Health
How is Voleo Trading Systems's financial position?
Financial Position Analysis
Short Term Liabilities: TRAD's short term assets (CA$635.7K) exceed its short term liabilities (CA$250.6K).
Long Term Liabilities: TRAD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRAD is debt free.
Reducing Debt: TRAD has not had any debt for 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: TRAD has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TRAD is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Voleo Trading Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRAD'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 TRAD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRAD'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 TRAD'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 board tenure
CEO
Voleo Trading Systems has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.67yrs | no data | 2.9% CA$ 287.7k | |
| Founder & Co-Chair | 1.67yrs | no data | 3.7% CA$ 367.3k | |
| Independent Director | 4.5yrs | no data | 0.47% CA$ 46.4k | |
| Director | 1.67yrs | CA$8.25k | 0.43% CA$ 42.9k |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: TRAD's board of directors are not considered experienced ( 1.7 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: TRAD insiders have bought more shares than they have sold 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 188.2%.
Top Shareholders
Company Information
Voleo Trading Systems Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Voleo Trading Systems Inc.
- Ticker: TRAD
- Exchange: TSXV
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Market Cap: CA$9.930m
- Shares outstanding: 31.03m
- Website: https://www.myvoleo.com
Location
- Voleo Trading Systems Inc.
- 1140 West Pender Street
- Suite 1240
- Vancouver
- British Columbia
- V6E 4G1
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRAD | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Jun 2019 |
| VLEO.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jun 2019 |
Biography
Voleo Trading Systems Inc., a mobile-focused fintech company, develops mobile applications and software platforms for investors. The company offers an equity trading platform that operates on native iOS an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:20 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.