AIM:EVRH

Stock Analysis Report

Executive Summary

EVR Holdings plc, together with its subsidiaries, engages in the creation and curation of virtual reality content for distribution and consumption through its own platform in the United Kingdom, rest of Europe, the United States, and internationally.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

22.3%

EVRH

4.1%

GB Software

-0.4%

GB Market


1 Year Return

14.4%

EVRH

6.6%

GB Software

2.9%

GB Market

Return vs Industry: EVRH exceeded the UK Software industry which returned 6.6% over the past year.

Return vs Market: EVRH exceeded the UK Market which returned 2.9% over the past year.


Shareholder returns

EVRHIndustryMarket
7 Day22.3%4.1%-0.4%
30 Day37.2%2.1%-1.4%
90 Day-18.8%-9.3%-2.1%
1 Year14.4%14.4%12.7%6.6%8.0%2.9%
3 Year83.0%83.0%6.6%-11.0%18.0%3.6%
5 Yearn/a69.3%35.6%35.8%6.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is EVR Holdings undervalued compared to its fair value and its price relative to the market?

4.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EVRH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EVRH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EVRH is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: EVRH 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 EVRH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVRH is overvalued based on its PB Ratio (4.4x) compared to the GB Software industry average (3.1x).


Next Steps

Future Growth

How is EVR Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.8%

Forecasted Software 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 EVR Holdings 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 EVR Holdings performed over the past 5 years?

-57.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EVRH is unprofitable, and losses have increased over the past 5 years at a rate of -57.9% per year.

Accelerating Growth: Unable to compare EVRH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVRH is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: EVRH has a negative Return on Equity (-70.59%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EVRH is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EVRH is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is EVR Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EVRH's short term assets (£18.7M) exceeds its short term liabilities (£2.2M)

Long Term Liabilities: EVRH has no long term liabilities


Debt to Equity History and Analysis

Debt Level: EVRH is debt free.

Reducing Debt: EVRH has not had any debt for past 5 years.


Balance Sheet

Inventory Level: EVRH has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EVRH's debt is 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: EVRH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EVRH has sufficient cash runway for 1.475968 years if free cash flow continues to reduce at historical rates of -70.3% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate EVRH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EVRH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if EVRH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVRH'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 EVRH's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Anthony Matchett (30yo)

3.4yrs

Tenure

UK£275,000

Compensation

Mr. Anthony Matchett has been the Chief Executive Officer and Director of EVR Holdings plc (Alternate Name: MelodyVR) since May 13, 2016 and has been its Executive Chairman since February 07, 2018. Mr. Mat ...


Management Age and Tenure

3.1yrs

Average Tenure

Experienced Management: EVRH's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

1.9yrs

Average Tenure

51yo

Average Age

Experienced Board: EVRH's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Andy Brown

    CFO & Secretary

    • Tenure: 0.8yrs
  • Anthony Matchett (30yo)

    CEO & Executive Chairman

    • Tenure: 3.4yrs
    • Compensation: UK£275.00k
  • Steven Hancock (36yo)

    COO & Director

    • Tenure: 3.4yrs
    • Compensation: UK£220.00k
  • Nikki Lambert

    Vice President of Marketing

    • Tenure: 2.8yrs

Board Members

  • Spencer Hyman (55yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Simon Cole (61yo)

    Senior Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£50.00k
  • Ian Hanson (51yo)

    Non-Executive Director

    • Tenure: 2.5yrs
    • Compensation: UK£40.00k
  • Andy Botha (51yo)

    Non-Executive Director

    • Tenure: 0.8yrs
    • Compensation: UK£40.00k
  • Chris Gilbert (66yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Anthony Matchett (30yo)

    CEO & Executive Chairman

    • Tenure: 3.4yrs
    • Compensation: UK£275.00k
  • Steven Hancock (36yo)

    COO & Director

    • Tenure: 3.4yrs
    • Compensation: UK£220.00k
  • Annie MacManus (40yo)

    Member of Advisory Board

    • Tenure: 0yrs

Company Information

EVR Holdings plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EVR Holdings plc
  • Ticker: EVRH
  • Exchange: AIM
  • Founded: 2005
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£87.499m
  • Shares outstanding: 1.42b
  • Website: https://evrholdings.com

Number of Employees


Location

  • EVR Holdings plc
  • The Lighthouse Building
  • 1st floor
  • London
  • Greater London
  • WC1X 8BB
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRHAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2016
EVVR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2016

Biography

EVR Holdings plc, together with its subsidiaries, engages in the creation and curation of virtual reality content for distribution and consumption through its own platform in the United Kingdom, rest of Eu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 21:03
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.