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FD

FacedriveTSXV:FD Stock Report

Market Cap

CA$199.2m

7D

-17.7%

1Y

-82.7%

Updated

26 Sep, 2021

Data

Company Financials
FD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

FD Overview

Facedrive Inc. operates as a ride-sharing company in Canada.

Facedrive Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Facedrive
Historical stock prices
Current Share PriceCA$2.09
52 Week HighCA$0.87
52 Week LowCA$60.00
Beta2.48
1 Month Change-61.44%
3 Month Change-85.34%
1 Year Change-82.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO2.20%

Recent News & Updates

Shareholder Returns

FDCA TransportationCA Market
7D-17.7%-2.9%-0.3%
1Y-82.7%7.4%30.8%

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.

Price Volatility

Is FD's price volatile compared to industry and market?
FD volatility
FD Beta2.48
Industry Beta0.70
Market Beta1

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

FoundedEmployeesCEOWebsite
2016n/aSuman Pushparajahhttps://www.facedrive.com

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

How do Facedrive's earnings and revenue compare to its market cap?
FD fundamental statistics
Market CapCA$199.20m
Earnings (TTM)-CA$23.04m
Revenue (TTM)CA$13.12m

15.2x

P/S Ratio

-8.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FD income statement (TTM)
RevenueCA$13.12m
Cost of RevenueCA$11.57m
Gross ProfitCA$1.55m
ExpensesCA$24.59m
Earnings-CA$23.04m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.24
Gross Margin11.80%
Net Profit Margin-175.62%
Debt/Equity Ratio1.2%

How did FD perform over the long term?

See historical performance and comparison

Valuation

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

8.39x

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).


Future Growth

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

4.6%

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.


Past Performance

How has Facedrive performed over the past 5 years?

-73.8%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average board tenure


CEO

Suman Pushparajah

no data

Tenure

CA$93,750

Compensation

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.


Board Members

Experienced Board: FD's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Facedrive Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Facedrive Inc.
  • 44 East Beaver Creek
  • Suite 16
  • Richmond Hill
  • Ontario
  • L4B 1G8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:08
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.