TSXV:TTD

Stock Analysis Report

Tinkerine Studios

Executive Summary

Tinkerine Studios Ltd. designs, manufacture, and distribution of 3D printers, software, and related online education content in Canada, the United States, and the Asia Pacific region.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Tinkerine Studios's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TTD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

33.3%

TTD

-3.6%

CA Tech

0.1%

CA Market


1 Year Return

0%

TTD

71.4%

CA Tech

4.5%

CA Market

Return vs Industry: TTD underperformed the Canadian Tech industry which returned 72.7% over the past year.

Return vs Market: TTD underperformed the Canadian Market which returned 4.7% over the past year.


Shareholder returns

TTDIndustryMarket
7 Day33.3%-3.6%0.1%
30 Day0%-2.0%0.9%
90 Day33.3%16.9%3.7%
1 Year0%0%74.0%71.4%7.8%4.5%
3 Year-84.6%-84.6%122.4%107.2%18.2%7.5%
5 Year-88.9%-88.9%141.4%117.7%33.7%14.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Tinkerine Studios undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Tinkerine Studios is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Tinkerine Studios has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of TTD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Tinkerine Studios regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

7.7%

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 Tinkerine Studios 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 Tinkerine Studios performed over the past 5 years?

38.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TTD is currently unprofitable.

Growing Profit Margin: TTD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TTD is unprofitable, but has reduced losses over the past 5 years at a rate of 38% per year.

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

Earnings vs Industry: TTD is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-3.2%).


Return on Equity

High ROE: TTD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tinkerine Studios's financial position?


Financial Position Analysis

Short Term Liabilities: TTD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TTD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TTD is debt free.

Reducing Debt: TTD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: TTD has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TTD'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: Insufficient data to determine if TTD has enough cash runway based on its current free cash flow.

Forecast Cash Runway: TTD has less than a year of cash runway if free cash flow continues to grow at historical rates of 31% each year.


Next Steps

Dividend

What is Tinkerine Studios's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate TTD'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 TTD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TTD'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 TTD'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?

5.8yrs

Average management tenure


CEO

Eugene Suyu 0

5.8yrs

Tenure

CA$60,000

Compensation

Mr. Eugene Suyu, B.A. Co-Founded Tinkerine Studios Ltd. in May 2012 and has been its Chief Executive Officer and Director since April 04, 2014. Mr. Suyu is the founding force behind Tinkerine Studios Ltd a ...


CEO Compensation Analysis

Compensation vs Market: Eugene's total compensation ($USD45.41K) is below average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Eugene's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eugene Suyu
Co-Founder5.8yrsCA$60.00kno data
Justin Sy
Co-Founder3.7yrsCA$45.00kno data
Kevin Brandt
Managing Director of Tinkerine U5.6yrsno datano data

5.8yrs

Average Tenure

Experienced Management: TTD's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eugene Suyu
Co-Founder5.8yrsCA$60.00kno data
Justin Sy
Co-Founder3.7yrsCA$45.00kno data
Robert Longo
Independent Director3.7yrsCA$57.53kno data
Todd Blatt
Director5.8yrsno datano data
Daniel Cugnet
Independent Director2.4yrsno datano data

3.7yrs

Average Tenure

Experienced Board: TTD's board of directors are considered experienced (3.7 years average tenure).


Ownership

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.


Top Shareholders

Company Information

Tinkerine Studios Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tinkerine Studios Ltd.
  • Ticker: TTD
  • Exchange: TSXV
  • Founded:
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: CA$984.766k
  • Shares outstanding: 49.24m
  • Website: https://www.tinkerine.com

Number of Employees


Location

  • Tinkerine Studios Ltd.
  • 8275 92nd Street
  • Suite 213A
  • Delta
  • British Columbia
  • V4G 0A4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTDTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2011
WB6BDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2011
TKST.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2011

Biography

Tinkerine Studios Ltd. designs, manufacture, and distribution of 3D printers, software, and related online education content in Canada, the United States, and the Asia Pacific region. It also provides Tinkerine Suite, a 3D slicing software; and science, technology, engineering, art, and math based educational content and training tools, as well as manufactures 3D printing materials. In addition, the company sells its products online. Tinkerine Studios Ltd. is headquartered in Delta, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:23
End of Day Share Price2020/02/21 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.