Facedrive Inc. operates as a ride-sharing company in Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$2.09|
|52 Week High||CA$0.87|
|52 Week Low||CA$60.00|
|1 Month Change||-61.44%|
|3 Month Change||-85.34%|
|1 Year Change||-82.67%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||2.20%|
Recent News & Updates
|FD||CA Transportation||CA Market|
Return vs Industry: FD underperformed the Canadian Transportation industry which returned 7.4% over the past year.
Return vs Market: FD underperformed the Canadian Market which returned 30.8% over the past year.
Stable Share Price: FD is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 46% a week.
Volatility Over Time: FD's weekly volatility has increased from 27% to 46% over the past year.
About the Company
Facedrive Inc. operates as a ride-sharing company in Canada. It offers Facedrive Rideshare, an ecofriendly rideshare business; Facedrive Foods, a food-delivery business; Facedrive Health, a contact-tracing and health services business; Facedrive Marketplace, an e-commerce business; and Facedrive Social, a social media platform, as well as Steer, an electric and hybrid vehicle subscription business. The company was incorporated in 2016 and is headquartered in Richmond Hill, Canada.
Facedrive Fundamentals Summary
|FD fundamental statistics|
Is FD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FD income statement (TTM)|
|Cost of Revenue||CA$11.57m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.24|
|Net Profit Margin||-175.62%|
How did FD perform over the long term?See historical performance and comparison
Is Facedrive 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 FD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FD is unprofitable, so we can't compare its PE Ratio to the Canadian Transportation industry average.
PE vs Market: FD 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 FD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FD is overvalued based on its PB Ratio (8.4x) compared to the CA Transportation industry average (5x).
How is Facedrive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 Facedrive 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.
How has Facedrive performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FD is currently unprofitable.
Growing Profit Margin: FD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FD is unprofitable, and losses have increased over the past 5 years at a rate of 73.8% per year.
Accelerating Growth: Unable to compare FD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FD is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (39.6%).
Return on Equity
High ROE: FD has a negative Return on Equity (-97.04%), as it is currently unprofitable.
How is Facedrive's financial position?
Financial Position Analysis
Short Term Liabilities: FD's short term assets (CA$18.4M) exceed its short term liabilities (CA$8.1M).
Long Term Liabilities: FD's short term assets (CA$18.4M) exceed its long term liabilities (CA$7.4M).
Debt to Equity History and Analysis
Debt Level: FD's debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FD's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 84.2% each year
What is Facedrive current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Suman Pushparajah is Chief Operating Officer at Facedrive Inc. since April 2021 and serves as its Director since April 7, 2021. He was the Director of IT at Housing Services Corporation where he develo...
CEO Compensation Analysis
Compensation vs Market: Suman's total compensation ($USD73.85K) is below average for companies of similar size in the Canadian market ($USD511.05K).
Compensation vs Earnings: Insufficient data to compare Suman's compensation with company performance.
Experienced Board: FD's board of directors are not considered experienced ( 1 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: FD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Facedrive Inc.'s employee growth, exchange listings and data sources
- Name: Facedrive Inc.
- Ticker: FD
- Exchange: TSXV
- Founded: 2016
- Industry: Trucking
- Sector: Transportation
- Market Cap: CA$199.198m
- Shares outstanding: 95.31m
- Website: https://www.facedrive.com
Number of Employees
- Facedrive Inc.
- 44 East Beaver Creek
- Suite 16
- Richmond Hill
- L4B 1G8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:08|
|End of Day Share Price||2021/09/24 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.