MIRI

Mirriad AdvertisingAIM:MIRI Stock Report

Market Cap

UK£91.4m

7D

-2.2%

1Y

11.0%

Updated

16 Sep, 2021

Data

Company Financials +
MIRI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Mirriad Advertising
Historical stock prices
Current Share PriceUK£0.33
52 Week HighUK£0.28
52 Week LowUK£0.65
Beta3.9
1 Month Change-4.38%
3 Month Change-33.16%
1 Year Change11.02%
3 Year Change9.17%
5 Year Changen/a
Change since IPO-48.02%

Recent News & Updates

May 21
We're Interested To See How Mirriad Advertising (LON:MIRI) Uses Its Cash Hoard To Grow

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

MIRIGB MediaGB Market
7D-2.2%-2.0%-0.2%
1Y11.0%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

Is MIRI's price volatile compared to industry and market?
MIRI volatility
MIRI Beta3.9
Industry Beta1.03
Market Beta1

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

FoundedEmployeesCEOWebsite
2015106Stephan Beringerhttps://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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:35
End of Day Share Price2021/09/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.