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Determine

DB:SQJN
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SQJN
DB
$5M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Determine, Inc. provides software-as-a-service source-to-pay and enterprise contract lifecycle management (ECLM) solutions. The last earnings update was 96 days ago. More info.


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  • Determine has significant price volatility in the past 3 months.
SQJN Share Price and Events
7 Day Returns
-24.3%
DB:SQJN
2.3%
DE Software
2.9%
DE Market
1 Year Returns
-81.4%
DB:SQJN
9.5%
DE Software
-12.1%
DE Market
SQJN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Determine (SQJN) -24.3% -9% -49.5% -81.4% -87.7% -95.7%
DE Software 2.3% 1.4% 5.6% 9.5% 37.6% 67.2%
DE Market 2.9% 0.8% 0.2% -12.1% 11.8% 4.9%
1 Year Return vs Industry and Market
  • SQJN underperformed the Software industry which returned 9.5% over the past year.
  • SQJN underperformed the Market in Germany which returned -12.1% over the past year.
Price Volatility
SQJN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Determine undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Determine is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Determine has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Determine. This is due to cash flow or dividend data being unavailable. The share price is €0.212.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Determine's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Determine's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SQJN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.84
OTCPK:DTRM Share Price ** OTCPK (2019-02-15) in USD $0.24
Germany Software Industry PE Ratio Median Figure of 23 Publicly-Listed Software Companies 37.15x
Germany Market PE Ratio Median Figure of 420 Publicly-Listed Companies 18.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Determine.

DB:SQJN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:DTRM Share Price ÷ EPS (both in USD)

= 0.24 ÷ -0.84

-0.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Determine is loss making, we can't compare its value to the DE Software industry average.
  • Determine is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Determine's expected growth come at a high price?
Raw Data
DB:SQJN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Software Industry PEG Ratio Median Figure of 17 Publicly-Listed Software Companies 1.39x
Germany Market PEG Ratio Median Figure of 277 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Determine, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Determine's assets?
Raw Data
DB:SQJN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.14
OTCPK:DTRM Share Price * OTCPK (2019-02-15) in USD $0.24
Germany Software Industry PB Ratio Median Figure of 33 Publicly-Listed Software Companies 2.81x
Germany Market PB Ratio Median Figure of 566 Publicly-Listed Companies 1.79x
DB:SQJN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:DTRM Share Price ÷ Book Value per Share (both in USD)

= 0.24 ÷ -0.14

-1.74x

* Primary Listing of Determine.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Determine has negative assets, we can't compare the value of its assets to the DE Software industry average.

Next steps:

  1. Take a look at our analysis of SQJN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Determine's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Software industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Determine's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Determine has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Determine expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 Determine 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.2%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Determine expected to grow at an attractive rate?
  • Unable to compare Determine's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Determine's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Determine's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SQJN Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SQJN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SQJN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-03-31 25 -12 1
DB:SQJN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 26 -3 -13
2018-06-30 27 -4 -12
2018-03-31 28 -2 -10
2017-12-31 29 -2 -9
2017-09-30 28 -2 -9
2017-06-30 28 -2 -9
2017-03-31 27 -3 -9
2016-12-31 27 -4 -13
2016-09-30 27 -5 -13
2016-06-30 27 -6 -14
2016-03-31 27 -6 -15
2015-12-31 26 -9 -16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Determine is high growth as no earnings estimate data is available.
  • Unable to determine if Determine is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SQJN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Determine Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQJN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-03-31 -0.82 -0.82 -0.82 1.00
DB:SQJN Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.84
2018-06-30 -0.79
2018-03-31 -0.69
2017-12-31 -0.65
2017-09-30 -0.68
2017-06-30 -0.78
2017-03-31 -0.81
2016-12-31 -1.11
2016-09-30 -1.17
2016-06-30 -1.23
2016-03-31 -1.44
2015-12-31 -1.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Determine will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SQJN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Determine's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Determine's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Determine's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Determine has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Determine performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Determine's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Determine does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Determine's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Determine's 1-year growth to the DE Software industry average as it is not currently profitable.
Earnings and Revenue History
Determine's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Determine Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQJN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 26.02 -12.82 19.65 4.76
2018-06-30 27.17 -11.91 19.43 4.57
2018-03-31 28.12 -9.95 18.90 4.46
2017-12-31 28.88 -8.84 18.36 4.08
2017-09-30 28.26 -8.68 17.67 3.84
2017-06-30 27.96 -9.22 17.86 3.89
2017-03-31 27.46 -9.45 18.45 3.77
2016-12-31 26.61 -12.67 19.44 3.95
2016-09-30 26.86 -13.32 20.65 4.13
2016-06-30 27.04 -13.54 21.20 3.97
2016-03-31 26.76 -15.14 21.32 3.61
2015-12-31 26.01 -15.53 19.61 3.51
2015-09-30 24.89 -16.42 20.04 3.42
2015-06-30 23.33 -18.43 20.78 3.52
2015-03-31 20.88 -17.44 19.37 3.37
2014-12-31 18.49 -17.18 18.92 3.27
2014-09-30 16.45 -15.57 16.64 2.73
2014-06-30 15.18 -11.74 13.54 2.18
2014-03-31 15.79 -11.69 13.30 2.84
2013-12-31 16.48 -8.73 12.78 3.10
2013-09-30 17.03 -7.66 12.00 3.47
2013-06-30 17.76 -6.94 11.56 3.88
2013-03-31 17.56 -4.75 10.33 3.71
2012-12-31 16.57 -4.82 10.50 3.63
2012-09-30 15.33 -5.19 10.46 3.48
2012-06-30 14.21 -6.38 10.30 3.43
2012-03-31 13.79 -6.27 10.01 3.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Determine has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Determine has efficiently used its assets last year compared to the DE Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Determine improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Determine's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Determine has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Determine's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Determine's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Determine's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Determine's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Determine's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Determine has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Determine Company Filings, last reported 4 months ago.

DB:SQJN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -2.10 21.73 7.53
2018-06-30 1.02 18.67 6.16
2018-03-31 4.94 19.60 9.93
2017-12-31 6.66 19.10 10.08
2017-09-30 8.37 19.10 11.76
2017-06-30 9.83 18.84 13.66
2017-03-31 5.10 19.63 9.43
2016-12-31 6.04 18.46 9.39
2016-09-30 7.10 16.59 8.03
2016-06-30 9.23 16.64 9.65
2016-03-31 10.91 14.83 9.42
2015-12-31 15.22 13.84 9.84
2015-09-30 17.27 10.45 7.98
2015-06-30 11.94 9.76 11.26
2015-03-31 14.02 10.35 13.18
2014-12-31 12.56 6.99 8.48
2014-09-30 15.89 7.00 10.13
2014-06-30 4.19 5.61 12.22
2014-03-31 6.74 6.95 16.91
2013-12-31 1.24 6.23 9.72
2013-09-30 2.95 5.99 11.80
2013-06-30 1.40 5.56 13.91
2013-03-31 0.52 6.00 12.10
2012-12-31 2.37 5.89 9.81
2012-09-30 3.14 6.00 12.05
2012-06-30 3.90 6.00 13.58
2012-03-31 4.44 6.00 16.08
  • Determine has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Determine's debt level has increased considering it has negative shareholder equity.
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.

  • Determine has sufficient cash runway for 1.3 years based on current free cash flow.
  • Determine has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of -22.3% each year.
X
Financial health checks
We assess Determine's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Determine has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Determine dividends.
If you bought €2,000 of Determine shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Determine's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Determine's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SQJN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SQJN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Determine has not reported any payouts.
  • Unable to verify if Determine's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Determine's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Determine has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Determine's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Determine afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Determine has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Determine's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Patrick Stakenas
COMPENSATION $313,640
AGE 57
TENURE AS CEO 3.7 years
CEO Bio

Mr. Patrick Stakenas has been Chief Executive Officer and President of Selectica, Inc. since June 3, 2015 and served as its Chief Strategy Officer sinceJanuary 6, 2014. Mr. Stakenas was a Co-Founder of ForceLogix Technologies Inc. (a/k/a Forcelogix, LLC). Mr. Stakenas served as Chief Executive Officer and President of ForceLogix Technologies until November 9, 2010. He served as the Chief Operating Officer of Houlihan Capital LLC. He served as the President and Chief Executive Officer of Courtland Capital Corp. He served as the President and Chief Executive Officer of Courtland Capital Inc. until November 9, 2010. He has over 20 years of industry executive and entrepreneurial experience. He served as Senior Vice President of Sales and Operations at CC Information Services, FileNet, Inc., and OpenText Corporation. Mr. Stakenas also started the US Operations for an international CRM company, where he successfully grew annual revenue to $14 million within 18 months which led to a successful acquisition. He served as a Senior Executive at CCC Information Services and worked in senior leadership roles at OpenText and FileNet (IBM). Mr. Stakenas served for 14 years with Moore Corporation Ltd. as Vice President and also served various sales management and executive roles, where he created the foundation for what is ForceLogix' industry leading Sales Force Optimizer suite of solutions. He has been a Director of Selectica, Inc. since June 3, 2015. He served as a Director of ForceLogix Technologies Inc., since December 16, 2009. He served as a Director of Courtland Capital Corp. He served as a Director of Courtland Capital Inc. since December 16, 2009. He is a frequent guest lecturer on sales performance management, customer relationship management and the importance of creating customer-centric organizations. Mr. Stakenas holds a B.S. Business Administration and Marketing from Ferris State University and holds an Executive Management Certificate, Northwestern's Kellogg School of Business.

CEO Compensation
  • Patrick's compensation has increased whilst company is loss making.
  • Patrick's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Determine management team in years:

3.3
Average Tenure
54.5
Average Age
  • The tenure for the Determine management team is about average.
Management Team

Patrick Stakenas

TITLE
President
COMPENSATION
$314K
AGE
57
TENURE
3.7 yrs

Bill Angeloni

TITLE
Founder & Director
COMPENSATION
$124K
AGE
53

John Nolan

TITLE
CFO & Secretary
COMPENSATION
$269K
AGE
54
TENURE
3.3 yrs

Jeff Grosman

TITLE
Chief Operating Officer
TENURE
5.5 yrs

Eric Faulkner

TITLE
Chief Technology Officer
TENURE
3.5 yrs

Kevin Grande

TITLE
General Counsel
TENURE
1.5 yrs

Gérard Dahan

TITLE
Chief Marketing Officer & Senior VP of EMEA
TENURE
1.4 yrs

Rose Lee

TITLE
Chief Customer Officer
TENURE
2.8 yrs

Julien Nadaud

TITLE
Chief Product Officer
TENURE
4.1 yrs

Steve Potts

TITLE
Chief Revenue Officer
AGE
55
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Determine board of directors in years:

5.6
Average Tenure
55
Average Age
  • The tenure for the Determine board of directors is about average.
Board of Directors

Michael Brodsky

TITLE
Chairman
COMPENSATION
$406K
AGE
50
TENURE
5.5 yrs

Patrick Stakenas

TITLE
President
COMPENSATION
$314K
AGE
57
TENURE
3.7 yrs

Alan Howe

TITLE
Vice Chairman & Lead Independent Director
COMPENSATION
$98K
AGE
57
TENURE
5.6 yrs

Lloyd Sems

TITLE
Independent Director
COMPENSATION
$86K
AGE
46
TENURE
10.7 yrs

Mike Casey

TITLE
Independent Director
COMPENSATION
$95K
AGE
55
TENURE
8.3 yrs

Mike Gullard

TITLE
Independent Director
COMPENSATION
$88K
AGE
73
TENURE
8.3 yrs

Steve Sovik

TITLE
Director
COMPENSATION
$124K
AGE
52
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Determine's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Determine has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

Determine, Inc. provides software-as-a-service source-to-pay and enterprise contract lifecycle management (ECLM) solutions. The company offers Determine Cloud Platform, an open technology infrastructure for application in strategic sourcing, contract management, e-procurement, invoice management, financial management, supplier management, business applications, ECLM, and analytics. It also provides professional services, including system implementations and enhancements, and training. The company serves various industries, such as insurance, pharmaceuticals, healthcare, retail, transportation, manufacturing, and financial services. It operates in the United States, France, the United Kingdom, Canada, Finland, Denmark, Australia, Switzerland, Bulgaria, Hong Kong, Belgium, Norway, Bermuda, the Netherlands, Italy, the United Arab Emirates, Ireland, Germany, and China. The company sells its products through direct sales force, as well as strategic and OEM partners. The company was formerly known as Selectica, Inc. and changed its name to Determine, Inc. in October 2015. Determine, Inc. was founded in 1996 and is headquartered in Carmel, Indiana.

Details
Name: Determine, Inc.
SQJN
Exchange: DB
Founded: 1996
$4,497,645
21,019,352
Website: http://www.determine.com
Address: Determine, Inc.
615 West Carmel Drive,
Suite 100,
Carmel,
Indiana, 46032,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK DTRM Common Stock Pink Sheets LLC US USD 10. Mar 2000
DB SQJN Common Stock Deutsche Boerse AG DE EUR 10. Mar 2000
Number of employees
Current staff
Staff numbers
153
Determine employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 20:59
End of day share price update: 2019/02/15 00:00
Last estimates confirmation: 2018/12/19
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.