| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
MIRI Overview
Mirriad Advertising plc, a video technology company, provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.33 |
| 52 Week High | UK£0.28 |
| 52 Week Low | UK£0.65 |
| Beta | 3.9 |
| 1 Month Change | -4.38% |
| 3 Month Change | -33.16% |
| 1 Year Change | 11.02% |
| 3 Year Change | 9.17% |
| 5 Year Change | n/a |
| Change since IPO | -48.02% |
Recent News & Updates
We're Interested To See How Mirriad Advertising (LON:MIRI) Uses Its Cash Hoard To Grow
Just because a business does not make any money, does not mean that the stock will go down. By way of example, Mirriad...
Shareholder Returns
| MIRI | GB Media | GB Market | |
|---|---|---|---|
| 7D | -2.2% | -2.0% | -0.2% |
| 1Y | 11.0% | 62.9% | 19.4% |
Return vs Industry: MIRI underperformed the UK Media industry which returned 61% over the past year.
Return vs Market: MIRI underperformed the UK Market which returned 19.2% over the past year.
Price Volatility
| MIRI volatility | |
|---|---|
| MIRI Beta | 3.9 |
| Industry Beta | 1.03 |
| Market Beta | 1 |
Stable Share Price: MIRI is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MIRI's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 106 | Stephan Beringer | https://www.mirriad.com |
Mirriad Advertising plc, a video technology company, provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies. It inserts products, signage formats, or videos into content. It serves customers in the United Kingdom, the United States, China, Singapore, and India.
Valuation
Is Mirriad Advertising undervalued compared to its fair value and its price relative to the market?
2.59x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MIRI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MIRI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MIRI is unprofitable, so we can't compare its PE Ratio to the UK Media industry average.
PE vs Market: MIRI is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIRI is overvalued based on its PB Ratio (2.6x) compared to the GB Media industry average (2x).
Future Growth
How is Mirriad Advertising forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-8.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MIRI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MIRI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MIRI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MIRI's revenue (75% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: MIRI's revenue (75% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MIRI's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Mirriad Advertising performed over the past 5 years?
-6.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIRI is currently unprofitable.
Growing Profit Margin: MIRI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MIRI is unprofitable, and losses have increased over the past 5 years at a rate of 6.6% per year.
Accelerating Growth: Unable to compare MIRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIRI is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (20.9%).
Return on Equity
High ROE: MIRI has a negative Return on Equity (-25.68%), as it is currently unprofitable.
Financial Health
How is Mirriad Advertising's financial position?
Financial Position Analysis
Short Term Liabilities: MIRI's short term assets (£37.0M) exceed its short term liabilities (£2.3M).
Long Term Liabilities: MIRI's short term assets (£37.0M) exceed its long term liabilities (£204.4K).
Debt to Equity History and Analysis
Debt Level: MIRI is debt free.
Reducing Debt: MIRI has not had any debt for past 5 years.
Balance Sheet
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: MIRI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MIRI has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 5.4% each year.
Dividend
What is Mirriad Advertising current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MIRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MIRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MIRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIRI'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 MIRI's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Stephan Beringer (57 yo)
2.92yrs
Tenure
UK£703,000
Compensation
Mr. Stephan Beringer serves as Chief Executive Officer at Mirriad Advertising plc since October 01, 2018 and has been its Director since September 2018. Mr. Beringer served as the Chief Executive Officer o...
CEO Compensation Analysis
Compensation vs Market: Stephan's total compensation ($USD968.45K) is above average for companies of similar size in the UK market ($USD326.64K).
Compensation vs Earnings: Stephan's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MIRI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: MIRI's board of directors are not considered experienced ( 2.7 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: MIRI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31%.
Top Shareholders
Company Information
Mirriad Advertising plc's employee growth, exchange listings and data sources
Key Information
- Name: Mirriad Advertising plc
- Ticker: MIRI
- Exchange: AIM
- Founded: 2015
- Industry: Advertising
- Sector: Media
- Market Cap: UK£91.432m
- Shares outstanding: 279.18m
- Website: https://www.mirriad.com
Number of Employees
Location
- Mirriad Advertising plc
- 96 Great Suffolk Street
- London
- Greater London
- SE1 0BE
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 21:35 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.