Executive Summary
Trilogy International Partners Inc., together with its subsidiaries, provides wireless voice and data communication services in Bolivia and New Zealand.
Snowflake
Fundamentals
Mediocre balance sheet with weak fundamentals.
Risks
- Trilogy International Partners has significant price volatility in the past 3 months.
Share Price & News
How has Trilogy International Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.8%
TSX:TRL
0.6%
CA Wireless Telecom
1.4%
CA Market
1 Year Return
-39.9%
TSX:TRL
7.1%
CA Wireless Telecom
-4.1%
CA Market
TRL underperformed the Wireless Telecom industry which returned 5.4% over the past year.
TRL underperformed the Market in Canada which returned -4.9% over the past year.
Share holder returns
| TRL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 0.6% | 1.4% |
| 30 Day | -19.0% | -3.9% | -2.2% |
| 90 Day | -13.9% | -3.3% | -1.1% |
| 1 Year | -39.4%-39.9% | 8.7%7.1% | -0.7%-4.1% |
| 3 Year | n/a | 32.8%26.0% | 15.1%4.8% |
| 5 Year | n/a | 41.9%25.3% | 12.8%-3.1% |
Price Volatility Vs. Market
How volatile is Trilogy International Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Can We See Significant Institutional Ownership On The Trilogy International Partners Inc. (TSE:TRL) Share Register?1 month ago | Simply Wall St
Does Trilogy International Partners (TSE:TRL) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
How Trilogy International Partners Inc. (TSE:TRL) Can Impact Your Portfolio VolatilityValuation
Is Trilogy International Partners undervalued based on future cash flows and its price relative to the stock market?
Intrinsic Value Based on Future Cash Flows
Trilogy International Partners's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Trilogy International Partners's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Trilogy International Partners is loss making, we can't compare its value to the North America Wireless Telecom industry average.
Trilogy International Partners is loss making, we can't compare the value of its earnings to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Trilogy International Partners, we can't assess if its growth is good value.
Price Based on Value of Assets
Trilogy International Partners has negative assets, we can't compare the value of its assets to the North America Wireless Telecom industry average.
Next Steps
Future Growth
How is Trilogy International Partners expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
-0.02%
Forecasted annual revenue growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Trilogy International Partners's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Trilogy International Partners is high growth as no earnings estimate data is available.
Trilogy International Partners's revenues are expected to decrease over the next 1-3 years, this is below the Canada market average.
Unable to compare Trilogy International Partners's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Trilogy International Partners's earnings growth to the low risk savings rate as no estimate data is available.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Trilogy International Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Trilogy International Partners performed over the past 5 years?
11.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Trilogy International Partners does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
Unable to compare Trilogy International Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Trilogy International Partners's 1-year growth to the North America Wireless Telecom industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Trilogy International Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
Return on Assets
Trilogy International Partners used its assets less efficiently than the North America Wireless Telecom industry average last year based on Return on Assets.
Return on Capital Employed
It is difficult to establish if Trilogy International Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Trilogy International Partners's financial position?
Financial Position Analysis
Trilogy International Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Trilogy International Partners's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Trilogy International Partners has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
Irrelevant to check if Trilogy International Partners's debt level has increased considering it has negative shareholder equity.
Balance Sheet
High level of physical assets or inventory.
Trilogy International Partners has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.
Trilogy International Partners has sufficient cash runway for more than 3 years based on current free cash flow.
Trilogy International Partners has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -43.1% each year.
Next Steps
Dividend
What is Trilogy International Partners's current dividend yield, its reliability and sustainability?
0.85%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Trilogy International Partners's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2%).
Trilogy International Partners's dividend is below the markets top 25% of dividend payers in Canada (6%).
Trilogy International Partners is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.
Trilogy International Partners is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Trilogy International Partners's dividends as it is not paying a notable one for Canada.
Future Payout to Shareholders
No need to calculate the sustainability of Trilogy International Partners's dividends in 3 years as they are not expected to pay a notable one for Canada.
Next Steps
Management
What is the CEO of Trilogy International Partners's salary, the management and board of directors tenure and is there insider trading?
14.1yrs
Average management tenure
CEO
Brad Horwitz (63yo)
13.6yrs
Tenure
US$1,489,862
Compensation
Mr. Bradley Jay Horwitz, also known as Brad, has been the President and Chief Executive Officer of Trilogy International Partners, Inc. since 2006 and has been its Non-Independent Director since February 7 ...
CEO Compensation Analysis
Brad's remuneration is higher than average for companies of similar size in Canada.
Brad's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
14.1yrs
Average Tenure
64yo
Average Age
The average tenure for the Trilogy International Partners management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
2.5yrs
Average Tenure
63yo
Average Age
The average tenure for the Trilogy International Partners board of directors is less than 3 years, this suggests a new board.
Insider Trading
More shares have been bought than sold by Trilogy International Partners individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 9,731 |
| Max Price | US$2.34 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 300,000 |
| Max Price | US$2.90 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$3.02 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 20,000 |
| Max Price | US$3.12 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 30,000 |
| Max Price | US$2.99 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$2.72 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$2.72 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$2.63 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$2.71 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 140,000 |
| Max Price | US$2.62 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$2.47 |
Ownership Breakdown
Management Team
Terry Gillespie (66yo)
Co-Founder & Non-Independent Director
- Tenure: 2.5yrs
Brad Horwitz (63yo)
Co-Founder
- Tenure: 13.6yrs
- Compensation: US$1.49m
John Stanton (64yo)
- Tenure: 0.0yrs
Ann Saxton
Vice President of Investor Relations & Corporate Development
- Tenure: 0.0yrs
Juan Calvo
President of Nuevatel
- Tenure: 0.0yrs
- Compensation: US$901.42k
Scott Morris
Senior VP
- Tenure: 0.0yrs
- Compensation: US$1.09m
Drew Davies
Executive Vice President of Corporate Development
- Tenure: 0.0yrs
Erik Mickels
Senior VP & CFO
- Tenure: 0.0yrs
- Compensation: US$1.07m
Tomas Perez
Chief Executive Officer of NuevaTel
- Tenure: 0.3yrs
Board Members
Reza Satchu (49yo)
Non-Independent Director
- Tenure: 4.3yrs
Terry Gillespie (66yo)
Co-Founder & Non-Independent Director
- Tenure: 2.5yrs
Brad Horwitz (63yo)
Co-Founder
- Tenure: 13.6yrs
- Compensation: US$1.49m
Alan Horn (67yo)
Independent Director
- Tenure: 0.8yrs
- Compensation: US$25.00k
John Stanton (64yo)
- Tenure: 0.0yrs
Nadir Mohamed (62yo)
Lead Independent Director
- Tenure: 2.6yrs
- Compensation: US$100.29k
Mark Kroloff (62yo)
Independent Director
- Tenure: 2.5yrs
- Compensation: US$100.07k
Company Information
Trilogy International Partners Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trilogy International Partners Inc.
- Ticker: TRL
- Exchange: TSX
- Founded: 2005
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: CA$165.230m
- Market Cap: CA$132.988m
- Shares outstanding: 83.25m
- Website: https://www.trilogy-international.com
Number of Employees
Location
- Trilogy International Partners Inc.
- 155–108 Avenue NE
- Suite 400
- Bellevue
- Washington
- 98004
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRL | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Feb 2017 |
| TLLY.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Feb 2017 |
| 76H | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Feb 2017 |
Biography
Trilogy International Partners Inc., together with its subsidiaries, provides wireless voice and data communication services in Bolivia and New Zealand. The company’s communications services include local, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/22 00:42 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.