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Redline Communications Group

TSX:RDL
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDL
TSX
CA$27M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Redline Communications Group Inc., together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. The last earnings update was 37 days ago. More info.


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RDL Share Price and Events
7 Day Returns
-2.5%
TSX:RDL
-0.8%
CA Communications
0.6%
CA Market
1 Year Returns
-19.3%
TSX:RDL
-8.2%
CA Communications
3.6%
CA Market
RDL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Redline Communications Group (RDL) -2.5% -5.5% 21.1% -19.3% -22.5% -40.4%
CA Communications -0.8% 2.8% 2.2% -8.2% -3% -11.6%
CA Market 0.6% 1.9% 8.1% 3.6% 14.8% 6.7%
1 Year Return vs Industry and Market
  • RDL underperformed the Communications industry which returned -8.2% over the past year.
  • RDL underperformed the Market in Canada which returned 3.6% over the past year.
Price Volatility
RDL
Industry
5yr Volatility vs Market

RDL Value

 Is Redline Communications Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Redline Communications Group. This is due to cash flow or dividend data being unavailable. The share price is CA$1.55.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Redline Communications Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Redline Communications Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:RDL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.02
TSX:RDL Share Price ** TSX (2019-04-16) in CAD CA$1.55
TSX:RDL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.748 $1.16
Canada Communications Industry PE Ratio Median Figure of 6 Publicly-Listed Communications Companies 56.05x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Redline Communications Group.

TSX:RDL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:RDL Share Price ÷ EPS (both in USD)

= 1.16 ÷ -0.02

-51.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Redline Communications Group is loss making, we can't compare its value to the CA Communications industry average.
  • Redline Communications Group is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Redline Communications Group's expected growth come at a high price?
Raw Data
TSX:RDL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -51.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
North America Communications Industry PEG Ratio Median Figure of 23 Publicly-Listed Communications Companies 1.36x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Redline Communications Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Redline Communications Group's assets?
Raw Data
TSX:RDL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.07
TSX:RDL Share Price * TSX (2019-04-16) in CAD CA$1.55
TSX:RDL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.748 $1.16
Canada Communications Industry PB Ratio Median Figure of 16 Publicly-Listed Communications Companies 1.66x
Canada Market PB Ratio Median Figure of 2,370 Publicly-Listed Companies 1.51x
TSX:RDL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:RDL Share Price ÷ Book Value per Share (both in USD)

= 1.16 ÷ 1.07

1.08x

* Primary Listing of Redline Communications Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Redline Communications Group is good value based on assets compared to the CA Communications industry average.
X
Value checks
We assess Redline Communications Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Redline Communications Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RDL Future Performance

 How is Redline Communications Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.4%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Redline Communications Group expected to grow at an attractive rate?
  • Redline Communications Group's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Redline Communications Group's earnings growth is expected to exceed the Canada market average.
  • Redline Communications Group's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:RDL Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:RDL Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 56.4%
TSX:RDL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10%
Canada Communications Industry Earnings Growth Rate Market Cap Weighted Average 100.4%
Canada Communications Industry Revenue Growth Rate Market Cap Weighted Average 18.4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:RDL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:RDL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 41 1
2021-12-31 37 1
2020-12-31 34 1
2019-12-31 31 1
TSX:RDL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 27 -1 0
2018-09-30 28 0 0
2018-06-30 27 1 0
2018-03-31 24 1 -1
2017-12-31 23 2 -2
2017-09-30 21 1 -3
2017-06-30 21 1 -3
2017-03-31 21 -1 -5
2016-12-31 23 -3 -5
2016-09-30 22 -1 -6
2016-06-30 23 -3 -7
2016-03-31 27 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Redline Communications Group's earnings are expected to grow significantly at over 20% yearly.
  • Redline Communications Group's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:RDL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Redline Communications Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:RDL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.33 0.33 0.33 1.00
2021-12-31 0.24 0.24 0.24 1.00
2020-12-31 0.17 0.17 0.17 1.00
2019-12-31 0.04 0.04 0.04 1.00
TSX:RDL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.02
2018-09-30 0.01
2018-06-30 -0.02
2018-03-31 -0.07
2017-12-31 -0.09
2017-09-30 -0.15
2017-06-30 -0.16
2017-03-31 -0.27
2016-12-31 -0.28
2016-09-30 -0.36
2016-06-30 -0.38
2016-03-31 -0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Redline Communications Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Redline Communications Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Redline Communications Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RDL Past Performance

  How has Redline Communications Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Redline Communications Group's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Redline Communications Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Redline Communications Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Redline Communications Group's 1-year growth to the CA Communications industry average as it is not currently profitable.
Earnings and Revenue History
Redline Communications Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Redline Communications Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:RDL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 27.10 -0.39 12.22 2.53
2018-09-30 27.88 0.19 12.03 2.44
2018-06-30 26.51 -0.26 12.01 2.44
2018-03-31 24.14 -1.26 11.59 2.38
2017-12-31 22.77 -1.60 11.39 2.33
2017-09-30 20.79 -2.51 11.07 2.35
2017-06-30 20.79 -2.73 11.54 2.46
2017-03-31 20.87 -4.60 13.13 2.67
2016-12-31 22.75 -4.79 14.35 2.94
2016-09-30 21.57 -6.08 14.68 3.24
2016-06-30 22.73 -6.58 14.91 3.48
2016-03-31 26.73 -3.74 14.94 3.42
2015-12-31 30.13 -1.75 15.25 3.30
2015-09-30 36.54 1.09 16.14 3.12
2015-06-30 39.29 2.67 16.21 2.98
2015-03-31 38.97 2.97 16.04 2.93
2014-12-31 36.44 2.48 15.37 3.03
2014-09-30 32.58 1.19 15.97 3.45
2014-06-30 30.53 0.05 17.42 4.31
2014-03-31 30.77 -1.07 18.79 5.11
2013-12-31 31.70 -4.12 19.99 6.05
2013-09-30 35.02 -9.84 20.45 6.51
2013-06-30 36.10 -13.76 19.88 6.27
2013-03-31 44.56 -5.41 19.12 6.48
2012-12-31 49.04 -9.50 19.05 6.24
2012-09-30 56.19 -2.83 19.47 6.08
2012-06-30 61.74 4.13 20.51 6.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Redline Communications Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Redline Communications Group has efficiently used its assets last year compared to the CA Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Redline Communications Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Redline Communications Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Redline Communications Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RDL Health

 How is Redline Communications Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Redline Communications Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Redline Communications Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Redline Communications Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Redline Communications Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 19.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Redline Communications Group Company Filings, last reported 3 months ago.

TSX:RDL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18.39 1.41 9.63
2018-09-30 18.16 1.47 9.76
2018-06-30 18.65 1.46 11.41
2018-03-31 18.25 1.50 11.12
2017-12-31 18.78 2.28 11.96
2017-09-30 17.96 2.28 11.04
2017-06-30 18.91 2.18 11.52
2017-03-31 19.53 2.11 11.51
2016-12-31 20.22 2.91 11.15
2016-09-30 20.30 2.96 10.55
2016-06-30 21.40 2.98 11.03
2016-03-31 23.89 2.95 12.99
2015-12-31 24.50 3.19 14.55
2015-09-30 25.89 4.16 12.87
2015-06-30 27.48 4.57 16.09
2015-03-31 27.06 4.47 15.34
2014-12-31 25.92 4.85 16.36
2014-09-30 24.43 5.47 16.53
2014-06-30 24.41 5.71 20.94
2014-03-31 20.83 5.70 14.65
2013-12-31 20.10 6.43 13.47
2013-09-30 19.91 12.07 17.61
2013-06-30 12.02 13.37 9.67
2013-03-31 12.25 13.04 12.69
2012-12-31 6.89 16.87 8.29
2012-09-30 -5.05 16.54 0.79
2012-06-30 -0.27 12.94 2.28
  • Redline Communications Group's level of debt (7.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (31.9% vs 7.6% today).
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.

  • Redline Communications Group has sufficient cash runway for more than 3 years based on current free cash flow.
  • Redline Communications Group has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -51.1% each year.
X
Financial health checks
We assess Redline Communications Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Redline Communications Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RDL Dividends

 What is Redline Communications Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Redline Communications Group dividends.
If you bought CA$2,000 of Redline Communications Group shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Redline Communications Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Redline Communications Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:RDL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
North America Communications Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:RDL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Redline Communications Group has not reported any payouts.
  • Unable to verify if Redline Communications Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Redline Communications Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Redline Communications Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Redline Communications Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Redline Communications Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Redline Communications Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RDL Management

 What is the CEO of Redline Communications Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen J. Sorocky
TENURE AS CEO 0.1 years
CEO Bio

Mr. Stephen J. K. Sorocky, B.A.Sc., MBA, P.Eng, C.Dir. has been Chief Executive Officer of Redline Communications Group Inc. since March 14, 2019 and as its Director since June 20, 2018. He served as the Chief Executive Officer of SkyTrac Systems Ltd. Mr. Sorocky is Founder of Exigent Innovations Inc., and serves as its President. He served as Chief Executive Officer and President of LxDATA Inc. He served as the Chief Executive Officer and President of Virtek Vision International Inc. since January 7, 2008. He has 25-year track record of growth and value creation in technology and manufacturing businesses. He is an accomplished senior technology executive with broad experience in venture-capital backed and public company environments. He has extensive senior management and business development experience in the technology and aerospace industry. He served as the Chief Executive Officer of Dynacon Inc. since 2000. Mr. Sorocky also led the development of an innovative new laboratory automation product which now has an established and rapidly growing market as a best practice in clinical laboratories. Mr. Sorocky served as Vice President of Electronic Data Systems of Canada (EDS Canada) where he had P&L responsibility for the Manufacturing Industry Division. In that role, he led the development of several significant new IT outsourcing accounts at EDS. Mr. Sorocky began his career at Spar Aerospace, where he held a number of positions of increasing responsibility over sixteen years. Since 1992, he served as Assistant Vice President to the President and Chief Executive Officer, where he played an important role in managing Spar's relationship with the Canadian Space Agency. He also served as Vice President and General Manager of Space Robotics Division at Spar Aerospace Ltd., where he managed the space shuttle Canadarm, Canadarm 2, SPDM and space station projects. He served as Chair of SkyTrac Systems Ltd. He served as Chair of Vistar, a Spar-BCE joint venture in the area of satellite to ground communications. He has been Director of the Canadian Commercial Corporation December 14, 2007. Mr. Sorocky serves as Director of Ontario Telemedicine Network. He was a Director of Virtek Vision International Inc. since January 7, 2008. He serves as a Member of the Board of Directors of Dynacon. He served as a Director of LeddarTech Inc. Mr. Sorocky holds a B.A.Sc. in Aerospace engineering from the University of Toronto and an MBA in International Business and International Finance from McGill University. He also completed the Chartered Director program at McMaster University and is a licensed Professional Engineer.

CEO Compensation
  • Insufficient data for Stephen J. to compare compensation growth.
  • Insufficient data for Stephen J. to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Redline Communications Group management team in years:

0.6
Average Tenure
  • The average tenure for the Redline Communications Group management team is less than 2 years, this suggests a new team.
Management Team

Joan Ritchie

TITLE
Chief Financial Officer
COMPENSATION
$168K
TENURE
1.6 yrs

Louis Lambert

TITLE
Senior Vice President of Marketing & Business Development
COMPENSATION
$226K
TENURE
0.9 yrs

Stephen J. Sorocky

TITLE
CEO & Director
TENURE
0.1 yrs

Reno Moccia

TITLE
Executive Vice President of Global Sales & Marketing
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Redline Communications Group board of directors in years:

2.8
Average Tenure
59
Average Age
  • The average tenure for the Redline Communications Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Nizar Somji

TITLE
Chairman of the Board
COMPENSATION
$253K
AGE
59
TENURE
2.8 yrs

Stephen J. Sorocky

TITLE
CEO & Director
TENURE
0.8 yrs

Eric Demirian

TITLE
Independent Director
COMPENSATION
$204K
AGE
59
TENURE
5.8 yrs

David Roberts

TITLE
Independent Director
COMPENSATION
$203K
AGE
65
TENURE
3.1 yrs

John Brunette

TITLE
Director
AGE
59
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • Redline Communications Group insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. Mar 19 Buy Stephen J. Sorocky Individual 28. Mar 19 29. Mar 19 50,000 CA$1.67 CA$83,043
18. Mar 19 Buy Stephen J. Sorocky Individual 18. Mar 19 18. Mar 19 30,000 CA$1.64 CA$49,230
08. Feb 19 Sell T Investment Corp Company 06. Feb 19 06. Feb 19 -2,227,235 CA$1.18 CA$-2,628,137
08. Feb 19 Sell Philippe de Gaspé Beaubien Individual 06. Feb 19 06. Feb 19 -369,332 CA$1.18 CA$-435,812
04. Feb 19 Sell T Investment Corp Company 30. Jan 19 30. Jan 19 -1,600 CA$1.24 CA$-1,984
29. Jan 19 Sell T Investment Corp Company 28. Jan 19 29. Jan 19 -238,900 CA$1.24 CA$-296,408
28. Jan 19 Sell T Investment Corp Company 25. Jan 19 25. Jan 19 -40,000 CA$1.22 CA$-48,804
26. Jan 19 Sell T Investment Corp Company 24. Jan 19 24. Jan 19 -52,900 CA$1.28 CA$-66,701
23. Jan 19 Sell T Investment Corp Company 17. Jan 19 23. Jan 19 -7,900 CA$1.30 CA$-10,240
16. Jan 19 Sell T Investment Corp Company 15. Jan 19 16. Jan 19 -50,800 CA$1.29 CA$-65,108
14. Jan 19 Sell T Investment Corp Company 11. Jan 19 11. Jan 19 -4,800 CA$1.29 CA$-6,192
09. Jan 19 Sell T Investment Corp Company 08. Jan 19 08. Jan 19 -4,700 CA$1.29 CA$-6,063
08. Jan 19 Sell T Investment Corp Company 07. Jan 19 07. Jan 19 -13,800 CA$1.32 CA$-18,181
04. Jan 19 Sell T Investment Corp Company 28. Dec 18 02. Jan 19 -12,500 CA$1.40 CA$-17,462
04. Jan 19 Buy Stephen J. Sorocky Individual 14. Nov 18 15. Nov 18 20,000 CA$1.53 CA$30,272
02. Jan 19 Buy Robert Williams Individual 31. Dec 18 31. Dec 18 3,500 CA$1.40 CA$4,900
22. Dec 18 Sell T Investment Corp Company 18. Dec 18 20. Dec 18 -51,300 CA$1.21 CA$-61,688
18. Dec 18 Buy David Roberts Individual 14. Dec 18 17. Dec 18 2,000 CA$1.28 CA$2,556
14. Dec 18 Buy David Roberts Individual 13. Dec 18 13. Dec 18 28,000 CA$1.30 CA$36,398
X
Management checks
We assess Redline Communications Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Redline Communications Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RDL News

Simply Wall St News

Are Insiders Selling Redline Communications Group Inc. (TSE:RDL) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in Redline Communications Group Inc. … In the last twelve months, the biggest single sale by an insider was when the , Philippe de Gaspé Beaubien , sold CA$436k worth of shares at a price of CA$1.18 per share. … But insiders sold 369k shares worth CA$436k

Simply Wall St -

Does The Redline Communications Group Inc. (TSE:RDL) Share Price Fall With The Market?

(TSE:RDL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Many Redline Communications Group Inc. (TSE:RDL) Shares Do Institutions Own?

The big shareholder groups in Redline Communications Group Inc. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Redline Communications Group is not a large company by global standards.

Simply Wall St -

How Do Redline Communications Group Inc.’s (TSE:RDL) Returns Compare To Its Industry?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Should We Be Cautious About Redline Communications Group Inc's (TSE:RDL) ROE Of 1.0%?

To keep the lesson grounded in practicality, we'll use ROE to better understand Redline Communications Group Inc (TSE:RDL). … Redline Communications Group has a ROE of 1.0%, based on the last twelve months. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Does Redline Communications Group Inc's (TSE:RDL) CEO Pay Compare Well With Peers?

According to our data, Redline Communications Group Inc has a market capitalization of CA$28m, and pays its CEO total annual compensation worth US$350k. … We looked at a group of companies with market capitalizations under CA$264m, and the median CEO compensation was CA$155k. … As you can see, Rob Williams is paid more than the median CEO pay at companies of a similar size, in the same market

Simply Wall St -

What Are The Drivers Of Redline Communications Group Inc's (TSE:RDL) Risks?

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

Should You Buy Redline Communications Group Inc (TSE:RDL) Now?

Redline Communications Group Inc (TSE:RDL), a communications company based in Canada,. … A question to answer is whether Redline Communications Group's current trading price of CA$1.8 reflective of the actual value of the? … Let’s take a look at Redline Communications Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Who Owns Most Of Redline Communications Group Inc (TSE:RDL)?

Today, I will be analyzing Redline Communications Group Inc’s (TSE:RDL) recent ownership structure, an important but not-so-popular subject among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for Redline Communications Group

Simply Wall St -

Redline Communications Group Inc (TSE:RDL) Is Expected To Breakeven

Redline Communications Group Inc's (TSE:RDL):. … Redline Communications Group Inc., together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. … The CA$29.27m market-cap posted a loss in its most recent financial year of -CA$1.60m and a latest trailing-twelve-month loss of -CA$1.26m shrinking the gap between loss and breakeven.

Simply Wall St -

RDL Company Info

Description

Redline Communications Group Inc., together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. It operates through Hardware and Software Products, Professional Services and 3rd Party Equipment, and Maintenance and Support segments. The company offers Ellipse, a series of base stations; Edge and Elte wireless terminals; Enterprise, a wireless customer premise equipment; RAS-Elite, a portable auto-acquire outdoor wireless solution; RAS-Extend, a mechanical auto tracking system; RDL-3000 Connect, a series of remote terminals; PoE, an industrial grade power injector; and FlexCore, an EPC software. It also provides RDL-6000, a base station; and ClearView, a network management software, as well as antennas, cables, mounting kits, POE injectors, and surge protectors. In addition, the company offers installation, engineering, cell planning, site planning, project management, and training services; and repair and replacement services. It serves energy, government, military, service provider, enterprise, and digital divide markets through regional distributors, channel partners and systems integrators. The company has operations in the Americas, the Middle East, Europe, Africa, and the Asia Pacific. Redline Communications Group Inc. was founded in 1999 and is headquartered in Markham, Canada.

Details
Name: Redline Communications Group Inc.
RDL
Exchange: TSX
Founded: 1999
CA$26,683,976
17,215,469
Website: http://www.rdlcom.com
Address: Redline Communications Group Inc.
302 Town Centre Boulevard,
4th Floor,
Markham,
Ontario, L3R 0E8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX RDL Common Shares The Toronto Stock Exchange CA CAD 25. Oct 2007
OTCPK RDLC.F Common Shares Pink Sheets LLC US USD 25. Oct 2007
Number of employees
Current staff
Staff numbers
105
Redline Communications Group employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:07
End of day share price update: 2019/04/16 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.