AIM:HAL

Stock Analysis Report

Executive Summary

HaloSource Corporation, a clean water technology company, develops and manufactures products for drinking water treatment solutions worldwide.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • HaloSource has significant price volatility in the past 3 months.
  • HaloSource is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

AIM:HAL

2.6%

GB Consumer Durables

1.4%

GB Market


1 Year Return

-15.6%

AIM:HAL

-7.5%

GB Consumer Durables

-5.7%

GB Market

HAL underperformed the Consumer Durables industry which returned -6.3% over the past year.

HAL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.3% over the past year.


Share holder returns

HALIndustryMarket
7 Day0%2.6%1.4%
30 Day0%-3.8%-4.8%
90 Day-26.9%0.04%-1.9%
1 Year-15.6%-15.6%-0.9%-7.5%-1.3%-5.7%
3 Year-87.3%-87.3%34.4%13.0%17.6%3.6%
5 Year-89.4%-89.4%99.8%52.4%24.6%-2.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.79x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for HaloSource to establish if it is available at moderate discount.

Unable to calculate intrinsic value for HaloSource to establish if it is available at substantial discount.


Price Based on Earnings

HaloSource is loss making, we can't compare its value to the GB Consumer Durables industry average.

HaloSource is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for HaloSource, we can't assess if its growth is good value.


Price Based on Value of Assets

HaloSource is overvalued based on assets compared to the GB Consumer Durables industry average.


Next Steps

Future Growth

How is HaloSource expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.2%

Forecasted Consumer Durables 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 HaloSource 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 HaloSource performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

HaloSource does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare HaloSource's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare HaloSource's 1-year growth to the GB Consumer Durables industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if HaloSource has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if HaloSource has efficiently used its assets last year compared to the GB Consumer Durables industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if HaloSource improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is HaloSource's financial position?


Financial Position Analysis

HaloSource is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

HaloSource's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

HaloSource has no debt.

HaloSource has no debt compared to 5 years ago when it was 4%.


Balance Sheet

High level of physical assets or inventory.

HaloSource has no debt, it does not need to be 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.

HaloSource has less than a year of cash runway based on current free cash flow.

HaloSource has less than a year of cash runway if free cash flow continues to reduce at historical rates of -17.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate HaloSource's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate HaloSource's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as HaloSource has not reported any payouts.

Unable to verify if HaloSource's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as HaloSource 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.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

James Thompson (47yo)

1.9yrs

Tenure

US$329,822

Compensation

Mr. James Allan Thompson was a Principal of Alexander Hutton Venture Partners (AHVP). Mr. Thompson has been Chief Executive Officer of HaloSource, Inc. since April 21, 2017 and served as its Acting Chief E ...


CEO Compensation Analysis

Insufficient data for James to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.

James's compensation has increased whilst company is loss making.


Management Age and Tenure

1.9yrs

Average Tenure

54.5yo

Average Age

The average tenure for the HaloSource management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.2yrs

Average Tenure

57yo

Average Age

The tenure for the HaloSource board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • James Thompson (47yo)

    CEO & Director

    • Tenure: 1.9yrs
    • Compensation: US$329.82k
  • Martin Coles (62yo)

    Strategic Adviser

    • Tenure: 1.9yrs
    • Compensation: US$591.20k
  • Jeff Williams (76yo)

    Co Founder

    • Tenure: 17.2yrs
  • Craig Crowell (47yo)

    CFO & Executive Director

    • Tenure: 1.8yrs
  • Greg LaFata

    General Manager of Hydration

    • Tenure: 1.7yrs
  • Joshua Johnston

    Vice President of Operations

    • Tenure: 1.7yrs

Board Members

  • James Thompson (47yo)

    CEO & Director

    • Tenure: 1.9yrs
    • Compensation: US$329.82k
  • Massoud Entekhabi (63yo)

    Independent Non-Executive Director

    • Tenure: 8.4yrs
    • Compensation: US$60.08k
  • Kent Johnson (74yo)

    Non-Executive Director

    • Tenure: 17.0yrs
    • Compensation: US$60.08k
  • Alan Matthews (57yo)

    Non-Executive Chairman

    • Tenure: 1.9yrs
    • Compensation: US$60.08k
  • Craig Crowell (47yo)

    CFO & Executive Director

    • Tenure: 1.8yrs

Company Information

HaloSource Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HaloSource Corporation
  • Ticker: HAL
  • Exchange: AIM
  • Founded: 2017
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: UK£6.855m
  • Shares outstanding: 721.58m
  • Website: https://www.halosource.com

Number of Employees


Location

  • HaloSource Corporation
  • 1725, 220th Street
  • Suite 103
  • Bothell
  • Washington
  • 98021
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HALAIM (London Stock Exchange AIM Market)NPV (RESTRICTED) GBPGBGBPInvalid date
HALAIM (London Stock Exchange AIM Market)YesCommon StockGBGBPOct 2010
HALOAIM (London Stock Exchange AIM Market)ORD USD0.0001 (DI)GBGBPOct 2010
HLOU.FOTCPK (Pink Sheets LLC)ORD USD0.0001 (DI)USUSDOct 2010

Biography

HaloSource Corporation, a clean water technology company, develops and manufactures products for drinking water treatment solutions worldwide. The company’s technologies are based upon proprietary polymer  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/12 21:59
End of Day Share Price2018/12/21 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


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.