NexOptic Technology Corp., a technology company, develops and invests in optical and lens technologies.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has NexOptic Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NXO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NXO exceeded the Canadian Electronic industry which returned -47.8% over the past year.
Return vs Market: NXO underperformed the Canadian Market which returned -25.3% over the past year.
Price Volatility Vs. Market
How volatile is NexOptic Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholder Appears On The NexOptic Technology Corp.'s (CVE:NXO) Shareholder Register?
2 months ago | Simply Wall StWe're A Little Worried About NexOptic Technology's (CVE:NXO) Cash Burn Rate
4 months ago | Simply Wall StWhat Kind Of Shareholders Own NexOptic Technology Corp. (CVE:NXO)?
Is NexOptic Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NXO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NXO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NXO is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: NXO 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 NXO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NXO is good value based on its PB Ratio (0.8x) compared to the CA Electronic industry average (2.2x).
How is NexOptic Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 NexOptic Technology 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.
- Examine NexOptic Technology'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.
- NexOptic Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has NexOptic Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NXO is currently unprofitable.
Growing Profit Margin: NXO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NXO is unprofitable, and losses have increased over the past 5 years at a rate of -49.7% per year.
Accelerating Growth: Unable to compare NXO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NXO is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-11.7%).
Return on Equity
High ROE: NXO has a negative Return on Equity (-29.34%), as it is currently unprofitable.
How is NexOptic Technology's financial position?
Financial Position Analysis
Short Term Liabilities: NXO's short term assets (CA$1.5M) exceed its short term liabilities (CA$870.8K).
Long Term Liabilities: NXO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NXO is debt free.
Reducing Debt: NXO had no debt 5 years ago.
Inventory Level: NXO has a low level of unsold assets or inventory.
Debt Coverage by Assets: NXO's debt is not covered by short term assets (assets are -273.9x debt).
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: NXO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -47.3% each year
What is NexOptic Technology's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NXO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NXO'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 NXO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NXO'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 NXO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Paul McKenzie (56yo)
Mr. Paul Tavis McKenzie has been the Chief Executive Officer of Nexoptic Technology Corp. since April 23, 2019 and serves as its President. Mr. McKenzie has been the Chief Business Officer of Nexoptic Tec ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD127.90K) is about average for companies of similar size in the Canadian market ($USD157.44K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
|CEO, President||0.92yr||CA$180.00k||1.14% CA$417.3k|
|Independent Chairman of the Board||0.92yr||no data||no data|
|Independent Director||10yrs||CA$10.00k||0.073% CA$26.5k|
|Independent Director||3.17yrs||CA$10.00k||0.018% CA$6.6k|
|Independent Director||2.42yrs||CA$10.00k||0.21% CA$78.2k|
|Member of Advisory Board||2.92yrs||no data||no data|
|Member of Advisory Board||2.92yrs||no data||no data|
Experienced Board: NXO's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NexOptic Technology Corp.'s company bio, employee growth, exchange listings and data sources
- Name: NexOptic Technology Corp.
- Ticker: NXO
- Exchange: TSXV
- Founded: 2007
- Industry: Electronic Components
- Sector: Tech
- Market Cap: CA$36.516m
- Shares outstanding: 137.80m
- Website: https://www.nexoptic.com
- NexOptic Technology Corp.
- 666 Burrard Street
- Suite 500
- British Columbia
- V6C 3P6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NXO||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Mar 2011|
|NXOP.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2011|
|E3O1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2011|
NexOptic Technology Corp., a technology company, develops and invests in optical and lens technologies. It engages in developing a patent pending Blade Optics lens system that relates to an optical concept, including the use of flat lenses, as well as an artificial intelligence for image capture systems. The company was formerly known as Elissa Resources Ltd. and changed its name to NexOptic Technology Corp. in February 2016. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 02:46|
|End of Day Share Price||2020/03/27 00:00|
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.