Steer Technologies (DB:H1Y) - Stock Price, News & Analysis

H1Y Stock Overview

Steer Technologies Inc. operates an integrated ESG technology platform that offers subscription and on-demand services.

H1Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	2/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (3x) is below the German market (16.7x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (€41M)

Steer Technologies Inc. Competitors

Allane

DB:LNSX

€226.7m

Allane

XTRA:LNSX

€270.0m

Sixt

XTRA:SIX2

€3.8b

Müller - Die lila Logistik

XTRA:MLL

€50.5m

Price History & Performance

Summary of all time highs, changes and price drops for Steer Technologies
Historical stock prices
Current Share Price	CA$0.21
52 Week High	CA$0.30
52 Week Low	CA$0.03
Beta	2.59
1 Month Change	10.42%
3 Month Change	23.26%
1 Year Change	2.91%
3 Year Change	-98.02%
5 Year Change	n/a
Change since IPO	-97.03%

Recent updates

Shareholder Returns

	H1Y	DE Transportation	DE Market
7D	-2.8%	-0.1%	1.2%
1Y	2.9%	-16.2%	2.0%

Return vs Industry: H1Y exceeded the German Transportation industry which returned -16.2% over the past year.

Return vs Market: H1Y matched the German Market which returned 2% over the past year.

Price Volatility

Is H1Y's price volatile compared to industry and market?
H1Y volatility
H1Y Average Weekly Movement	23.9%
Transportation Industry Average Movement	4.7%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: H1Y's share price has been volatile over the past 3 months.

Volatility Over Time: H1Y's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2016	n/a	Junaid Razvi	www.steeresg.com

Steer Technologies Inc. operates an integrated ESG technology platform that offers subscription and on-demand services. The company provides STEER EV, a subscription-based offering led by its flagship electric vehicle subscription business and electric vehicle long-term ownership or rental; and on-demand services incorporating delivery, B2B marketplace, Delivery-as-a-Service, food delivery service, and rideshare businesses. It operates in the United States and Canada.

Steer Technologies Inc. Fundamentals Summary

How do Steer Technologies's earnings and revenue compare to its market cap?
H1Y fundamental statistics
Market cap	€28.13m
Earnings (TTM)	€9.53m
Revenue (TTM)	€21.82m

3.0x

P/E Ratio

1.3x

P/S Ratio

Is H1Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H1Y income statement (TTM)
Revenue	CA$31.97m
Cost of Revenue	CA$35.94m
Gross Profit	-CA$3.97m
Other Expenses	-CA$17.93m
Earnings	CA$13.96m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.10
Gross Margin	-12.43%
Net Profit Margin	43.66%
Debt/Equity Ratio	0.5%

How did H1Y perform over the long term?

See historical performance and comparison

H1Y Stock Overview

Rewards

Risk Analysis

Steer Technologies Inc. Competitors

DB:LNSX

€226.7m

XTRA:LNSX

€270.0m

XTRA:SIX2

€3.8b

XTRA:MLL

€50.5m

Price History & Performance

Recent News & Updates

Steer Technologies Inc. announced that it has received CAD 3.5364 million in funding from ESG Holdings, Inc.

Steer Technologies Inc. announced that it expects to receive CAD 3.5364 million in funding from ESG Holdings, Inc.

Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.056 loss in 3Q 2022)

STEER Technologies Inc. Appoints Dean Wu as Chief Financial Officer

Steer Announces Resignation of Suman Pushparajah as Board of Directors

Steer Technologies Inc. Announces CEO Changes

Recent updates

Steer Technologies Inc. announced that it has received CAD 3.5364 million in funding from ESG Holdings, Inc.

Steer Technologies Inc. announced that it expects to receive CAD 3.5364 million in funding from ESG Holdings, Inc.

Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.056 loss in 3Q 2022)

STEER Technologies Inc. Appoints Dean Wu as Chief Financial Officer

Steer Announces Resignation of Suman Pushparajah as Board of Directors

Steer Technologies Inc. Announces CEO Changes

New major risk - Earnings quality

New major risk - Financial position

Second quarter 2023 earnings released: CA$0.032 loss per share (vs CA$0.059 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: CA$0.24 (vs CA$0.083 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.27 loss per share (vs CA$0.31 loss in FY 2021)

Third quarter 2022 earnings released: CA$0.056 loss per share (vs CA$0.10 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: CA$0.059 loss per share (vs CA$0.081 loss in 2Q 2021)

Steer Announces Rollout of Its Delivery as A Service Offering with 200 + Small and Medium Businesses

Facedrive Inc., Annual General Meeting, Jul 12, 2022

Full year 2021 earnings released: CA$0.31 loss per share (vs CA$0.19 loss in FY 2020)

Less than half of directors are independent

Facedrive Inc. announced that it has received CAD 17.5 million in funding from Connex Telecommunications Corporation, Malar Group Inc.

Facedrive Inc. announced that it has received CAD 4.7 million in funding

Facedrive Inc. announced that it expects to receive CAD 4.7 million in funding

Facedrive Announces Senior Management Transition

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold €136k worth of stock

Chief Financial Officer Heung Lee has left the company

Chief Financial Officer Heung Lee has left the company

Insider recently sold €3.4m worth of stock

CEO, COO & Director recently sold €500k worth of stock

An unknown buyer acquired 8.8% interest in Facedrive Inc. (TSXV:FD) from ISRR Holdings Inc.

CEO, COO & Director recently sold €505k worth of stock

Second quarter 2021 earnings released: CA$0.081 loss per share (vs CA$0.10 loss in 2Q 2020)

Independent Director recently sold €129k worth of stock

First quarter 2021 earnings released: CA$0.063 loss per share (vs CA$0.017 loss in 1Q 2020)

Facedrive's EcoCRED App Piloted by the Department of Parks and Recreation in Prince George's County, MD

Facedrive Inc. Announces Steer Electric Vehicle Subscription Service Launched in Toronto

Full year 2020 earnings released: CA$0.19 loss per share (vs CA$0.084 loss in FY 2019)

Facedrive Inc.’s TraceScan Achieves Co-Sell Ready Status with Microsoft

New 90-day high: €23.20

Facedrive Inc. announced that it has received CAD 20.499993 million in funding

Facedrive's TTraceSCAN COVID-19 Contact Tracing Solution Adopted by the Waywayseecappo First Nation Following Successful Pilot Project

Facedrive Welcomes Susan Uthayakumar as Newest Advisory Board Member

Facedrive Inc. announced that it expects to receive CAD 19.999994 million in funding

New 90-day high: €13.40

Facedrive Health’s TraceSCAN Endorsed by LiUNA as the Wearable Contact-Tracing Solution of Choice, Following Provincial State of Emergency Announcement

Facedrive Health Announces Release of V2 TraceSCAN Wearable Device

Facedrive Inc. Announces Appointment of Phil Fontaine as Strategic Advisor

Facedrive Inc. Announces its Division Facedrive Health Partners with Safe-Tech Training Inc

Facedrive Health's Contact-Tracing Technology TraceSCAN Secures Federal Certification from Innovation, Science and Economic Development of Canada

Air Canada and Facedrive Inc. to Expand Scope of TraceSCAN Contact Tracing Technology Pilot into 2021

Facedrive Appoints Three New Advisory Board Members

Third quarter 2020 earnings released: CA$0.038 loss per share

Facedrive Inc. to Report Q3, 2020 Results on Nov 27, 2020

Facedrive Inc. Tracescan to Offer Global Contact-Tracing Services Powered by Microsoft Azure

Director recently sold €70k worth of stock

Shareholder Returns

Price Volatility

About the Company

Steer Technologies Inc. Fundamentals Summary

3.0x