DB:2R4

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Mission Ready Solutions

Executive Summary

Mission Ready Solutions Inc., through its subsidiaries, provides personal protective solutions to the global defense, security, and first-responder markets in Canada and the United States. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Mission Ready Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2R4's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

76.5%

2R4

1.7%

DE Aerospace & Defense

0.2%

DE Market


1 Year Return

-40.0%

2R4

-28.9%

DE Aerospace & Defense

6.6%

DE Market

Return vs Industry: 2R4 underperformed the German Aerospace & Defense industry which returned -28.9% over the past year.

Return vs Market: 2R4 underperformed the German Market which returned 6.6% over the past year.


Shareholder returns

2R4IndustryMarket
7 Day76.5%1.7%0.2%
30 Day48.8%-0.4%2.1%
90 Day40.6%0.02%5.6%
1 Year-40.0%-40.0%-28.2%-28.9%9.1%6.6%
3 Year-40.8%-40.8%-9.1%-14.3%6.8%-1.8%
5 Yearn/a31.6%18.8%38.9%20.1%

Price Volatility Vs. Market

How volatile is Mission Ready Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mission Ready Solutions undervalued compared to its fair value and its price relative to the market?

2.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2R4's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2R4's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2R4 is unprofitable, so we can't compare its PE Ratio to the XE Aerospace & Defense industry average.

PE vs Market: 2R4 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2R4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2R4 is overvalued based on its PB Ratio (2.9x) compared to the XE Aerospace & Defense industry average (1.7x).


Next Steps

Future Growth

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

23.5%

Forecasted Capital Goods 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 Mission Ready Solutions 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 Mission Ready Solutions performed over the past 5 years?

-24.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2R4 is currently unprofitable.

Growing Profit Margin: 2R4 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2R4 is unprofitable, and losses have increased over the past 5 years at a rate of 24.1% per year.

Accelerating Growth: Unable to compare 2R4's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2R4 is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-6.7%).


Return on Equity

High ROE: 2R4 has a negative Return on Equity (-137.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mission Ready Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: 2R4's short term assets (CA$24.5M) do not cover its short term liabilities (CA$37.3M).

Long Term Liabilities: 2R4's short term assets (CA$24.5M) exceed its long term liabilities (CA$1.5M).


Debt to Equity History and Analysis

Debt Level: 2R4's debt to equity ratio (177.8%) is considered high.

Reducing Debt: 2R4's debt to equity ratio has increased from 7.1% to 177.8% 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: 2R4 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 2R4 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year


Next Steps

Dividend

What is Mission Ready Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2R4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2R4'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 2R4's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2R4'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 2R4's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Spider Marks

0.083

Tenure

Major General (Retired) James A. Marks, also known as Spider, serves as a Managing Partner at ERGO. He is the President of The Marks Collaborative. He has been the Chief Executive Officer of Mission Ready ...


Leadership Team

NamePositionTenureCompensationOwnership
Dong Hyun Shim
CFO & Corporate Secretary3.25yrsCA$113.40k0.064%
CA$ 6.5k
Francisco Martinez
Chief Technology Officer6.75yrsCA$246.77k0.29%
CA$ 29.4k
Terrace Nixon
Chief Compliance Officer2.17yrsCA$385.08k0.53%
CA$ 54.5k
Vitor Fonseca
2.25yrsCA$10.00kno data
James Marks
CEO & Director0.083yrno data0.12%
CA$ 12.0k
Marcus Treiber
Chief Operating Officer1.17yrsno data0.14%
CA$ 14.3k
Roland VanSkiver
Vice President of Marketing & Product Development1.75yrsno datano data

2.2yrs

Average Tenure

50yo

Average Age

Experienced Management: 2R4's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Marks
CEO & Director0.083yrno data0.12%
CA$ 12.0k
Mark Cowan
Member of Advisory Committeeno datano datano data
Larry Doan
Member of Advisory Committeeno dataCA$15.89kno data
Mark Bishop
Independent Director4.92yrsCA$24.00k0.11%
CA$ 11.5k
Richard Goldstein
Member of Advisory Committee5.08yrsno datano data
Robert Clyde
Member of Advisory Committee4.92yrsno datano data
David Smalley
Member of Advisory Committeeno dataCA$24.00kno data
Nicolette Keith
Member of Advisory Council3.25yrsCA$410.57kno data
Benjamin Schlatka
Member of Advisory Committee5.08yrsno datano data
Randall Rhode
Member of Advisory Committeeno dataCA$15.89kno data
Paul Litchfield
Independent Director5.83yrsCA$24.00k1.62%
CA$ 166.2k
Angelo Meijers
Member of Advisory Committeeno datano datano data

4.9yrs

Average Tenure

59yo

Average Age

Experienced Board: 2R4's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2R4 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

Mission Ready Solutions Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mission Ready Solutions Inc.
  • Ticker: 2R4
  • Exchange: DB
  • Founded:
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: CA$16.025m
  • Listing Market Cap: CA$10.276m
  • Shares outstanding: 188.53m
  • Website: https://www.mrscorp.com

Location

  • Mission Ready Solutions Inc.
  • 750 West Pender Street
  • Sute 804
  • Vancouver
  • British Columbia
  • V6C 2T7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRSTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2013
MSNV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2013
2R4DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2013

Biography

Mission Ready Solutions Inc., through its subsidiaries, provides personal protective solutions to the global defense, security, and first-responder markets in Canada and the United States. It operates in t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 05:47
End of Day Share Price2020/09/15 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.