CNSX:SWIS

Stock Analysis Report

Executive Summary

Globex Data Ltd. operates as a distributor and license holder of a suite of secure cloud-based storage, document management, encrypted emails, and secure communication tools worldwide.

Rewards

Revenue grew by 80.6% over the past year

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (CA$32K)

Does not have a meaningful market cap (CA$8M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Flawless balance sheet and overvalued.


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Share Price & News

How has Globex Data's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SWIS

3.1%

CA Electronic

1.4%

CA Market


1 Year Return

n/a

SWIS

-0.04%

CA Electronic

10.1%

CA Market

Return vs Industry: Insufficient data to determine how SWIS performed against the Canadian Electronic industry.

Return vs Market: Insufficient data to determine how SWIS performed against the Canadian Market.


Shareholder returns

SWISIndustryMarket
7 Day0%3.1%1.4%
30 Day0%5.6%2.6%
90 Dayn/a14.9%6.5%
1 Yearn/a3.1%-0.04%13.7%10.1%
3 Yearn/a-5.1%-10.3%17.8%7.1%
5 Yearn/a8.3%-3.1%36.3%16.3%

Price Volatility Vs. Market

How volatile is Globex Data's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Globex Data undervalued compared to its fair value and its price relative to the market?

2.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SWIS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SWIS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SWIS is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: SWIS 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 SWIS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SWIS is good value based on its PB Ratio (2.1x) compared to the CA Electronic industry average (2.4x).


Next Steps

Future Growth

How is Globex Data forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.1%

Forecasted Tech 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 Globex Data 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

Past Performance

How has Globex Data performed over the past 5 years?

31.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SWIS is currently unprofitable.

Growing Profit Margin: SWIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SWIS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare SWIS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SWIS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (22.1%).


Return on Equity

High ROE: SWIS has a negative Return on Equity (-24.06%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Globex Data's financial position?


Financial Position Analysis

Short Term Liabilities: SWIS's short term assets (CA$1.2M) exceed its short term liabilities (CA$80.3K).

Long Term Liabilities: SWIS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SWIS is debt free.

Reducing Debt: SWIS has not had any debt for past 5 years.


Balance Sheet

Inventory Level: SWIS has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SWIS's debt is covered by short term assets.


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: SWIS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SWIS has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -31.3% each year.


Next Steps

Dividend

What is Globex Data's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.4%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate SWIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SWIS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SWIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SWIS'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 SWIS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Globex Data's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Alain Ghiai-Chamlou (51yo)

2.8yrs

Tenure

0

Mr. Alain Medhi Ghiai-Chamlou founded GlobeX Data Ltd. and has been Chief Executive Officer and Director since March 2017. Mr. Ghiai-Chamlou has been President and Corporate Secretary of GlobeX Data Ltd. s ...


Board Age and Tenure

2.8yrs

Average Tenure

51.5yo

Average Age

Experienced Board: SWIS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: SWIS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$40004 Dec 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares4,000
Max PriceCA$0.10
BuyCA$1,15116 Nov 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares7,000
Max PriceCA$0.20
BuyCA$19014 Nov 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares1,000
Max PriceCA$0.19
BuyCA$96004 Nov 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares8,000
Max PriceCA$0.12
BuyCA$3,75703 Nov 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares25,000
Max PriceCA$0.15
BuyCA$46029 Oct 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares3,000
Max PriceCA$0.16
BuyCA$1,89803 Oct 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares11,500
Max PriceCA$0.21
BuyCA$4,60009 Sep 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares19,500
Max PriceCA$0.24
BuyCA$62520 Aug 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares2,500
Max PriceCA$0.25
BuyCA$50016 Aug 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares2,000
Max PriceCA$0.25
BuyCA$50031 Jul 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceCA$0.25
BuyCA$1,40026 Jul 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares5,000
Max PriceCA$0.30
BuyCA$5,00023 Jul 19
Scott Davis
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares20,000
Max PriceCA$0.25
BuyCA$5,00023 Jul 19
Alain Ghiai-Chamlou
EntityIndividual
Role
Chief Executive Officer
President
Shares20,000
Max PriceCA$0.25

Ownership Breakdown

Dilution of Shares: SWIS only recently listed within the past 12 months, with total shares outstanding growing by 74.4% in the past year..


Management Team

  • Alain Ghiai-Chamlou (51yo)

    President

    • Tenure: 2.8yrs
  • Scott Davis (40yo)

    CFO & Director

    • Tenure: 0.08yrs
    • Compensation: CA$27.63k

Board Members

  • Dave Ryan (52yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: CA$36.00k
  • Alain Ghiai-Chamlou (51yo)

    President

    • Tenure: 2.8yrs
  • Scott Davis (40yo)

    CFO & Director

    • Tenure: 0.08yrs
    • Compensation: CA$27.63k
  • Henry Sjoman (56yo)

    Independent Director

    • Tenure: 2.8yrs

Company Information

Globex Data Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Globex Data Ltd.
  • Ticker: SWIS
  • Exchange: CNSX
  • Founded: 2017
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: CA$7.863m
  • Shares outstanding: 52.42m
  • Website: https://www.globexdatagroup.com

Location

  • Globex Data Ltd.
  • MNP Tower
  • Suite 900
  • Vancouver
  • British Columbia
  • V6E 0C3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWISCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJul 2019
SWIS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2019

Biography

Globex Data Ltd. operates as a distributor and license holder of a suite of secure cloud-based storage, document management, encrypted emails, and secure communication tools worldwide. It offers DigitalSafe, a cloud-based product suite of data backup, file sharing, password management, and communication tool designed for individual and business needs; PrivaTalk is a communications application offering secure and private audio/video calling, chat, self-deleting chat, file transfer, and email through mobile devices, tablets, or desktops; and Custodia, a hosted email platform for enterprises. The company primarily sells its products through resellers and other distribution channels, such as managed service providers, Internet service providers, and telecommunication companies. GlobeX Data Ltd. was founded in 2017 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/21 01:20
End of Day Share Price2020/01/02 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.