Executive Summary
Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally.
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 2 more risks
Snowflake Analysis
Weak fundamentals or lack of information.
Similar Companies
Share Price & News
How has Digital Ally's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1DAA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.3%
1DAA
1.7%
DE Electronic
-0.6%
DE Market
1 Year Return
-80.9%
1DAA
-28.3%
DE Electronic
-20.9%
DE Market
Return vs Industry: 1DAA underperformed the German Electronic industry which returned -28.3% over the past year.
Return vs Market: 1DAA underperformed the German Market which returned -20.9% over the past year.
Shareholder returns
| 1DAA | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.3% | 1.7% | -0.6% |
| 30 Day | -23.6% | -19.1% | -18.6% |
| 90 Day | -30.4% | -23.2% | -26.2% |
| 1 Year | -80.9%-80.9% | -26.8%-28.3% | -18.6%-20.9% |
| 3 Year | -81.9%-81.9% | -4.0%-7.1% | -19.0%-25.8% |
| 5 Year | -95.4%-95.4% | 53.5%42.4% | -21.2%-31.8% |
Price Volatility Vs. Market
How volatile is Digital Ally's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Digital Ally undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Digital Ally is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Digital Ally 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.
Next Steps
- Take a look at our analysis of 1DAA’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.
- 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 Digital Ally regulatory filings.
- Explore potentially undervalued companies in the Tech industry.
Future Growth
How is Digital Ally forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.2%
Forecasted Tech 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 Digital Ally 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
- Take a look at our analysis of 1DAA’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.
- Digital Ally competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Digital Ally performed over the past 5 years?
-5.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1DAA is currently unprofitable.
Growing Profit Margin: 1DAA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1DAA is unprofitable, and losses have increased over the past 5 years at a rate of -5.9% per year.
Accelerating Growth: Unable to compare 1DAA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1DAA is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.4%).
Return on Equity
High ROE: 1DAA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Digital Ally's financial position?
Financial Position Analysis
Short Term Liabilities: 1DAA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1DAA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1DAA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1DAA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Inventory Level: 1DAA has a high level of physical assets or inventory.
Debt Coverage by Assets: 1DAA has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: 1DAA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1DAA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.7% each year
Next Steps
Dividend
What is Digital Ally's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1DAA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1DAA'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 1DAA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1DAA'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 1DAA'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?
4.1yrs
Average management tenure
CEO
Stan Ross (58yo)
14.58s
Tenure
US$1,245,589
Compensation
Mr. Stanton E. Ross, also known as Stan, has been the Chief Executive Officer and President of Digital Ally Inc. since September 1, 2005. Mr. Ross has been the Chief Executive Officer and President of Infi ...
CEO Compensation Analysis
Compensation vs Market: Stan's total compensation ($USD1.25M) is above average for companies of similar size in the German market ($USD434.26K).
Compensation vs Earnings: Stan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.58yrs | US$1.25m | 8.23% $938.4k | |
| CFO, VP | 12.25yrs | US$904.35k | 5.4% $615.9k | |
| Vice President of Operations | 0.75yr | no data | no data | |
| Director of Technical Services | 4.08yrs | no data | no data | |
| Vice President of Sales & Marketing | 0.75yr | no data | no data |
4.1yrs
Average Tenure
Experienced Management: 1DAA's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.58yrs | US$1.25m | 8.23% $938.4k | |
| Lead Outside Director | 14.58yrs | US$220.41k | 0.24% $27.9k | |
| Member of Advisory Board | 13.58yrs | no data | no data | |
| Member of Advisory Board | 13.58yrs | no data | no data | |
| Independent Director | 3.92yrs | US$205.41k | 0.018% $2.0k | |
| Member of Advisory Board | 13.58yrs | no data | no data | |
| Member of Advisory Board | 13.58yrs | no data | no data | |
| Independent Director | 12.33yrs | US$210.41k | 0.21% $24.2k |
13.6yrs
Average Tenure
68yo
Average Age
Experienced Board: 1DAA's board of directors are seasoned and experienced ( 13.6 years average tenure).
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 diluted in the past year, with total shares outstanding growing by 37.5%.
Top Shareholders
Company Information
Digital Ally, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Digital Ally, Inc.
- Ticker: 1DAA
- Exchange: DB
- Founded:
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$12.309m
- Listing Market Cap: US$11.409m
- Shares outstanding: 16.03m
- Website: https://www.digitalallyinc.com
Number of Employees
Location
- Digital Ally, Inc.
- 9705 Loiret Boulevard
- Lenexa
- Kansas
- 66219
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DGLY | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Feb 2005 |
| 1DAA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2005 |
Biography
Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audio/video recording, storage, and other products include an in-car digital audio/video recorder that is contained in a rear view mirror for law enforcement vehicles and commercial fleets; and hands-free automatic activated body-worn cameras and in-car video systems, as well as provides its law enforcement customers with audio/video surveillance from multiple vantage points. The company also provides VuLink, an in-car device that enables an in-car and body worn digital audio/video camera system to automatically and simultaneously start recording; and Digital Ally, a suite of data management Web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information. In addition, its digital audio/video recording, storage, and other products comprise a miniature body-worn digital video system; VuVault.net, a law enforcement cloud storage solution, including cloud-based fleet management and driver monitoring/training applications; and FleetVU Manager, a Web-based software for commercial fleet tracking and monitoring. The company sells its products through direct sales and third-party distributors. Digital Ally, Inc. is headquartered in Lenexa, Kansas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/05 02:15 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.