Announcement • Jul 03
Jemtec Inc. Approves Special Dividend, Payable on July 29, 2026 JEMTEC Inc. announce that its board of directors has approved the declaration of a special dividend of CAD 0.05 per common share (the "Special Dividend"). The Special Dividend will be paid on July 29, 2026 to shareholders of record on July 10, 2026 and is designated as an eligible dividend for Canadian income tax purposes. Reported Earnings • Jul 02
Third quarter 2026 earnings released: EPS: CA$0.02 (vs CA$0.018 in 3Q 2025) Third quarter 2026 results: EPS: CA$0.02 (up from CA$0.018 in 3Q 2025). Revenue: CA$437.5k (down 7.3% from 3Q 2025). Net income: CA$55.9k (up 10% from 3Q 2025). Profit margin: 13% (up from 11% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 26
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 6.8% to CA$1.58. The fair value is estimated to be CA$1.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 87%. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CA$1.36, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 32x in the Electronic industry in North America. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CA$1.10, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 31x in the Electronic industry in North America. Total returns to shareholders of 5.2% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CA$1.18, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 33x in the Electronic industry in North America. Total loss to shareholders of 1.4% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to CA$1.01. The fair value is estimated to be CA$1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 87%. Reported Earnings • Apr 01
Second quarter 2026 earnings released: EPS: CA$0.013 (vs CA$0.015 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.013 (down from CA$0.015 in 2Q 2025). Revenue: CA$455.2k (flat on 2Q 2025). Net income: CA$36.2k (down 14% from 2Q 2025). Profit margin: 8.0% (down from 9.4% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CA$1.30, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 29x in the Electronic industry in North America. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CA$1.59, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 28x in the Electronic industry in North America. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CA$1.15, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 26x in the Electronic industry in North America. Total returns to shareholders of 7.1% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CA$1.18, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 26x in the Electronic industry in North America. Total returns to shareholders of 4.4% over the past three years. Announcement • Dec 01
JEMTEC Inc., Annual General Meeting, Jan 29, 2026 JEMTEC Inc., Annual General Meeting, Jan 29, 2026. Location: british columbia, vancouver Canada Reported Earnings • Nov 30
Full year 2025 earnings released: EPS: CA$0.049 (vs CA$0.032 in FY 2024) Full year 2025 results: EPS: CA$0.049 (up from CA$0.032 in FY 2024). Revenue: CA$1.85m (up 9.6% from FY 2024). Net income: CA$137.7k (up 53% from FY 2024). Profit margin: 7.4% (up from 5.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Board Change • Nov 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 02
Third quarter 2025 earnings released: EPS: CA$0.018 (vs CA$0.013 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.018 (up from CA$0.013 in 3Q 2024). Revenue: CA$471.7k (up 9.8% from 3Q 2024). Net income: CA$50.7k (up 36% from 3Q 2024). Profit margin: 11% (up from 8.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Board Change • May 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 05
Jemtec Inc. Declares Special Dividend, Payable on April 30, 2025 JEMTEC Inc. announced the declaration of a special dividend of $0.05 per common share (the "Special Dividend"). The Special Dividend will be paid on April 30, 2025 to shareholders of record on April 11, 2025. Reported Earnings • Mar 29
Second quarter 2025 earnings released: EPS: CA$0.015 (vs CA$0.005 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.015 (up from CA$0.005 in 2Q 2024). Revenue: CA$452.1k (up 8.0% from 2Q 2024). Net income: CA$42.3k (up 181% from 2Q 2024). Profit margin: 9.4% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Board Change • Mar 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 02
JEMTEC Inc., Annual General Meeting, Jan 30, 2025 JEMTEC Inc., Annual General Meeting, Jan 30, 2025. Location: british columbia, vancouver Canada Reported Earnings • Nov 29
Full year 2024 earnings released: EPS: CA$0.032 (vs CA$0.072 loss in FY 2023) Full year 2024 results: EPS: CA$0.032 (up from CA$0.072 loss in FY 2023). Revenue: CA$1.69m (up 17% from FY 2023). Net income: CA$90.3k (up CA$291.7k from FY 2023). Profit margin: 5.3% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Oct 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 30
Third quarter 2024 earnings released: EPS: CA$0.013 (vs CA$0.027 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.013 (up from CA$0.027 loss in 3Q 2023). Revenue: CA$444.2k (up 29% from 3Q 2023). Net income: CA$37.4k (up CA$112.5k from 3Q 2023). Profit margin: 8.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Jun 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Second quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.033 loss in 2Q 2023) Second quarter 2024 results: EPS: CA$0.005 (up from CA$0.033 loss in 2Q 2023). Revenue: CA$432.8k (up 21% from 2Q 2023). Net income: CA$15.0k (up CA$107.8k from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Mar 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 05
JEMTEC Inc. Announces Resignation of Gordon Baker as Director JEMTEC Inc. announced that effective December 31, 2023, Mr. Gordon Baker has resigned as a director of the Company to pursue other interests. Jemtec has provided a full spectrum of offender monitoring technologies and services to provincial, federal correctional and border services across Canada since 1987 and in doing so has built a reputation for offering the best technological solutions and support for use in this demanding environment. Reported Earnings • Nov 30
Full year 2023 earnings released: CA$0.072 loss per share (vs CA$0.20 profit in FY 2022) Full year 2023 results: CA$0.072 loss per share (down from CA$0.20 profit in FY 2022). Revenue: CA$1.48m (down 47% from FY 2022). Net loss: CA$201.4k (down 137% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Nov 28
JEMTEC Inc., Annual General Meeting, Jan 31, 2024 JEMTEC Inc., Annual General Meeting, Jan 31, 2024. Board Change • Oct 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 28
New major risk - Revenue and earnings growth Earnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 1.8% per year over the past 5 years. Market cap is less than US$10m (CA$2.63m market cap, or US$1.99m). Minor Risk Revenue is less than US$5m (CA$1.7m revenue, or US$1.3m). Reported Earnings • Jun 28
Third quarter 2023 earnings released: CA$0.027 loss per share (vs CA$0.042 profit in 3Q 2022) Third quarter 2023 results: CA$0.027 loss per share (down from CA$0.042 profit in 3Q 2022). Revenue: CA$356.6k (down 51% from 3Q 2022). Net loss: CA$75.1k (down 163% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Jun 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Second quarter 2023 earnings released: CA$0.033 loss per share (vs CA$0.055 profit in 2Q 2022) Second quarter 2023 results: CA$0.033 loss per share (down from CA$0.055 profit in 2Q 2022). Revenue: CA$364.0k (down 50% from 2Q 2022). Net loss: CA$92.7k (down 160% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CA$1.06, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Electronic industry in Canada. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CA$1.39, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 12x in the Electronic industry in Canada. Total returns to shareholders of 6.9% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CA$1.02, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Canada. Total loss to shareholders of 32% over the past three years. Reported Earnings • Nov 24
Full year 2022 earnings released: EPS: CA$0.20 (vs CA$0.20 in FY 2021) Full year 2022 results: EPS: CA$0.20 (down from CA$0.20 in FY 2021). Revenue: CA$2.81m (up 9.6% from FY 2021). Net income: CA$551.0k (down 1.9% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Nov 24
JEMTEC Inc., Annual General Meeting, Jan 26, 2023 JEMTEC Inc., Annual General Meeting, Jan 26, 2023. Board Change • Nov 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 20% share price gain to CA$1.90, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 25x in the Electronic industry in Canada. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 30% share price gain to CA$1.84, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Electronic industry in North America. Total returns to shareholders of 77% over the past three years. Reported Earnings • Jun 30
Third quarter 2022 earnings released: EPS: CA$0.042 (vs CA$0.034 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.042 (up from CA$0.034 in 3Q 2021). Net income: CA$118.3k (up 24% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improved over the past week After last week's 21% share price gain to CA$1.86, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 16x in the Electronic industry in North America. Total returns to shareholders of 1.3% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Second quarter 2022 earnings released: EPS: CA$0.055 (vs CA$0.054 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.055 (up from CA$0.054 in 2Q 2021). Revenue: CA$733.4k (up 12% from 2Q 2021). Net income: CA$153.5k (up 2.7% from 2Q 2021). Profit margin: 21% (down from 23% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 17% share price gain to CA$2.17, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 18x in the Electronic industry in North America. Total returns to shareholders of 207% over the past three years. Reported Earnings • Nov 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CA$0.20 (up from CA$0.15 in FY 2020). Revenue: CA$2.57m (up 9.3% from FY 2020). Net income: CA$561.6k (up 37% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CA$1.80, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 20x in the Electronic industry in North America. Total returns to shareholders of 137% over the past three years. Board Change • Sep 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Corporate Secretary & Independent Director Leslie Markow was the last director to join the board, commencing their role in 1994. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 02
Third quarter 2021 earnings released: EPS CA$0.034 (vs CA$0.032 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CA$609.3k (up 9.0% from 3Q 2020). Net income: CA$95.5k (up 9.9% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 02
Second quarter 2021 earnings released: EPS CA$0.054 (vs CA$0.035 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$656.6k (up 9.7% from 2Q 2020). Net income: CA$149.4k (up 57% from 2Q 2020). Profit margin: 23% (up from 16% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Dec 30
First Dividend Is CA$0.25 Per Share Will be paid on the 10th of February to those who are registered shareholders by the 5th of January. This is the first dividend for JEMTEC since going public. The average dividend yield among industry peers is 1.4%. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 22% share price gain to CA$1.90, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 9.5x. This compares to an average P/E of 19x in the Electronic industry in Canada. Total returns to shareholders over the past three years are 217%. Reported Earnings • Dec 19
First quarter 2021 earnings released: EPS CA$0.051 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$610.2k (up 1.5% from 1Q 2020). Net income: CA$139.6k (up 36% from 1Q 2020). Profit margin: 23% (up from 17% in 1Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 37% per year. Is New 90 Day High Low • Dec 17
New 90-day high: CA$1.60 The company is up 39% from its price of CA$1.15 on 15 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 22% share price gain to CA$1.60, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 18x in the Electronic industry in Canada. Total returns to shareholders over the past three years are 167%. Is New 90 Day High Low • Dec 02
New 90-day high: CA$1.42 The company is up 15% from its price of CA$1.24 on 31 August 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 7.0% over the same period. Reported Earnings • Nov 29
Full year 2020 earnings released: EPS CA$0.15 The company reported a soft full year result with weaker earnings and profit margins, although revenues were improved. Full year 2020 results: Revenue: CA$2.37m (up 2.4% from FY 2019). Net income: CA$408.7k (down 17% from FY 2019). Profit margin: 17% (down from 21% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 25
New 90-day high: CA$1.38 The company is up 23% from its price of CA$1.12 on 20 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.