DB:BD42

Stock Analysis Report

Helix Applications

Executive Summary

Helix Applications Inc., a technology company, focuses on developing blockchain-based software technologies and applications.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Helix Applications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BD42's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.2%

BD42

-6.4%

DE Software

-5.7%

DE Market


1 Year Return

-68.3%

BD42

26.8%

DE Software

6.1%

DE Market

Return vs Industry: BD42 underperformed the German Software industry which returned 26.8% over the past year.

Return vs Market: BD42 underperformed the German Market which returned 6.1% over the past year.


Shareholder returns

BD42IndustryMarket
7 Day13.2%-6.4%-5.7%
30 Day29.4%-5.6%-5.7%
90 Day22.2%-1.9%-3.6%
1 Year-68.3%-68.3%28.4%26.8%9.3%6.1%
3 Year16.7%16.7%46.5%40.7%8.9%-0.7%
5 Year-11.5%-11.5%111.9%96.9%13.6%-2.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BD42's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BD42's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BD42 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: BD42 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 BD42's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BD42 is good value based on its PB Ratio (1.4x) compared to the DE Software industry average (3.1x).


Next Steps

Future Growth

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

18.2%

Forecasted Software 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 Helix Applications 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 Helix Applications performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BD42 is currently unprofitable.

Growing Profit Margin: BD42 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BD42 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.

Accelerating Growth: Unable to compare BD42's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BD42 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).


Return on Equity

High ROE: BD42 has a negative Return on Equity (-312.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Helix Applications's financial position?


Financial Position Analysis

Short Term Liabilities: BD42's short term assets (CA$5.5M) exceed its short term liabilities (CA$311.7K).

Long Term Liabilities: BD42 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BD42 is debt free.

Reducing Debt: BD42 has no debt compared to 5 years ago when its debt to equity ratio was 604.3%.


Balance Sheet

Inventory Level: BD42 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BD42'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: BD42 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BD42 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Helix Applications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BD42's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BD42'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 BD42's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BD42'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 BD42'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?

4.9yrs

Average management tenure


CEO

Rufus Round 0

0.3yrs

Tenure

CA$141,243

Compensation

Mr. Rufus Round has served as a Director since June 2018 and serves as its Interim CEO since October 3, 2019. Mr. Round served as Chief Executive Officer of Helix Applications Inc. (also known as Belvedere ...


CEO Compensation Analysis

Compensation vs Market: Rufus's total compensation ($USD153.66K) is below average for companies of similar size in the German market ($USD415.76K).

Compensation vs Earnings: Insufficient data to compare Rufus's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Rufus Round
Interim CEO & Director0.3yrsCA$141.24kno data
Steven Cuthill
CFO & Company Secretary10.2yrsCA$54.89kno data
David Pym
Consultant4.9yrsCA$86.00kno data
R. Davies
Geological Consultant0yrsno datano data
T. Ahokas
Geological Consultant0yrsno datano data
Toby Strauss
Consultant4.9yrsCA$22.72kno data

4.9yrs

Average Tenure

Experienced Management: BD42's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rufus Round
Interim CEO & Director0.3yrsCA$141.24kno data
Edward Sujir
Director0.3yrsno datano data
Trevor Gabriel
Non-Executive Director1yrsno data0.020% CA$829.2

1.0yrs

Average Tenure

Experienced Board: BD42'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 94.3%.


Top Shareholders

Company Information

Helix Applications Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Helix Applications Inc.
  • Ticker: BD42
  • Exchange: DB
  • Founded: 1991
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$5.917m
  • Listing Market Cap: CA$4.093m
  • Shares outstanding: 51.45m
  • Website: https://www.helixapps.ca

Location

  • Helix Applications Inc.
  • The Canadian Venture Building
  • Suite 203
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HELXTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1992
BD42DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1992
BLVD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1992

Biography

Helix Applications Inc., a technology company, focuses on developing blockchain-based software technologies and applications. It engages in the development of TruckLovely, a commercial trucking and transportation application; and Helix Logistics platform, a blockchain-based logistics platform. The company was formerly known as Belvedere Resources Ltd. and changed its name to Helix Applications Inc. in October 2018. Helix Applications Inc. was incorporated in 1991 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 21:52
End of Day Share Price2020/02/25 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.