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Mi-Pay Group

AIM:MPAY
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MPAY
AIM
£5M
Market Cap
  1. Home
  2. GB
  3. Software
Company description

Mi-Pay Group plc engages in assessing, managing, and mitigating fraud risks in the cardholder-not-present payment solutions market in the United Kingdom, Ireland, rest of Europe, and internationally. The last earnings update was 205 days ago. More info.


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  • Mi-Pay Group has significant price volatility in the past 3 months.
MPAY Share Price and Events
7 Day Returns
6.8%
AIM:MPAY
2.7%
GB IT
1%
GB Market
1 Year Returns
23.7%
AIM:MPAY
0.4%
GB IT
1.6%
GB Market
MPAY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mi-Pay Group (MPAY) 6.8% 17.5% 30.6% 23.7% -50% -
GB IT 2.7% 8.1% 16.4% 0.4% 54.9% -8%
GB Market 1% 2.3% 8.6% 1.6% 14% 5.9%
1 Year Return vs Industry and Market
  • MPAY outperformed the IT industry which returned 0.4% over the past year.
  • MPAY outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.6% over the past year.
Price Volatility
MPAY
Industry
5yr Volatility vs Market

Value

 Is Mi-Pay Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Mi-Pay Group. This is due to cash flow or dividend data being unavailable. The share price is £0.1175.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mi-Pay Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mi-Pay Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MPAY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in GBP £-0.01
AIM:MPAY Share Price ** AIM (2019-04-18) in GBP £0.12
United Kingdom of Great Britain and Northern Ireland IT Industry PE Ratio Median Figure of 24 Publicly-Listed IT Companies 27.13x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 795 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mi-Pay Group.

AIM:MPAY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MPAY Share Price ÷ EPS (both in GBP)

= 0.12 ÷ -0.01

-11.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mi-Pay Group is loss making, we can't compare its value to the GB IT industry average.
  • Mi-Pay Group 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
Does Mi-Pay Group's expected growth come at a high price?
Raw Data
AIM:MPAY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
152.1%per year
United Kingdom of Great Britain and Northern Ireland IT Industry PEG Ratio Median Figure of 17 Publicly-Listed IT Companies 1.49x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mi-Pay Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mi-Pay Group's assets?
Raw Data
AIM:MPAY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in GBP £0.01
AIM:MPAY Share Price * AIM (2019-04-18) in GBP £0.12
United Kingdom of Great Britain and Northern Ireland IT Industry PB Ratio Median Figure of 45 Publicly-Listed IT Companies 3.75x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.52x
AIM:MPAY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MPAY Share Price ÷ Book Value per Share (both in GBP)

= 0.12 ÷ 0.01

14.55x

* Primary Listing of Mi-Pay Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mi-Pay Group is overvalued based on assets compared to the GB IT industry average.
X
Value checks
We assess Mi-Pay Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Mi-Pay Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Mi-Pay Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
152.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mi-Pay Group expected to grow at an attractive rate?
  • Mi-Pay Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Mi-Pay Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Mi-Pay Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:MPAY Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MPAY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 152.1%
AIM:MPAY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 19.2%
United Kingdom of Great Britain and Northern Ireland IT Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
United Kingdom of Great Britain and Northern Ireland IT Industry Revenue Growth Rate Market Cap Weighted Average 9.2%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.1%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:MPAY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MPAY Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 4 0 0 1
2018-12-31 3 0 0 1
AIM:MPAY Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-06-30 3 -1 0
2018-03-31 3 -1 -1
2017-12-31 3 0 -1
2017-09-30 3 0 -1
2017-06-30 3 0 -1
2017-03-31 3 0 0
2016-12-31 3 0 0
2016-09-30 3 0 -1
2016-06-30 3 0 -1
2016-03-31 3 0 -1
2015-12-31 3 0 -1
2015-09-30 3 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mi-Pay Group's earnings are expected to grow significantly at over 20% yearly.
  • Mi-Pay Group's revenue is expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:MPAY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Mi-Pay Group Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MPAY Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 0.00 0.00 0.00 1.00
2018-12-31 0.00 0.00 0.00 1.00
AIM:MPAY Past Financials Data
Date (Data in GBP Millions) EPS *
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.03
2015-12-31 -0.04
2015-09-30 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mi-Pay Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mi-Pay Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mi-Pay Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Mi-Pay Group performed over the past 5 years?

  • Mi-Pay Group's last earnings update was 205 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mi-Pay Group's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mi-Pay Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Mi-Pay Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mi-Pay Group's 1-year growth to the GB IT industry average as it is not currently profitable.
Earnings and Revenue History
Mi-Pay Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mi-Pay Group Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MPAY Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 3.08 -0.42 1.69 0.71
2018-03-31 3.07 -0.52 1.76 0.64
2017-12-31 3.05 -0.62 1.84 0.58
2017-09-30 3.14 -0.58 1.78 0.61
2017-06-30 3.23 -0.53 1.71 0.65
2017-03-31 3.25 -0.49 1.71 0.62
2016-12-31 3.28 -0.44 1.70 0.59
2016-09-30 3.19 -0.56 1.95 0.42
2016-06-30 3.10 -0.69 2.21 0.25
2016-03-31 3.06 -1.06 2.41 0.32
2015-12-31 3.01 -1.44 2.61 0.38
2015-09-30 2.93 -1.96 2.73 0.43
2015-06-30 2.84 -2.49 2.85 0.48
2015-03-31 2.77 -3.40 3.13 0.55
2014-12-31 2.70 -4.32 3.42 0.61
2014-09-30 2.85 -4.10 3.22 0.90
2014-06-30 3.00 -3.89 3.03 1.20
2014-03-31 3.13 -2.85 2.68 1.15
2013-12-31 3.27 -1.81 2.33 1.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mi-Pay Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mi-Pay Group has efficiently used its assets last year compared to the GB IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mi-Pay Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mi-Pay Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mi-Pay Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Mi-Pay Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mi-Pay Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mi-Pay Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mi-Pay Group has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mi-Pay Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 227.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mi-Pay Group Company Filings, last reported 9 months ago.

AIM:MPAY Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 0.37 0.02 3.15
2018-03-31 0.37 0.02 3.15
2017-12-31 0.02 0.03 2.93
2017-09-30 0.02 0.03 2.93
2017-06-30 0.30 0.07 3.66
2017-03-31 0.30 0.07 3.66
2016-12-31 0.64 0.10 3.52
2016-09-30 0.64 0.10 3.52
2016-06-30 0.82 0.13 3.44
2016-03-31 0.82 0.13 3.44
2015-12-31 1.08 0.17 3.53
2015-09-30 1.08 0.17 3.53
2015-06-30 1.39 0.20 3.76
2015-03-31 1.39 0.20 3.76
2014-12-31 0.54 0.23 2.00
2014-09-30 0.54 0.23 2.00
2014-06-30 1.82 0.25 2.55
2014-03-31 1.82 0.25 2.55
2013-12-31 -1.74 1.34 0.96
  • Mi-Pay Group's level of debt (5.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Mi-Pay Group's debt level has increased without past 5-year debt data.
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.

  • Mi-Pay Group has sufficient cash runway for more than 3 years based on current free cash flow.
  • Mi-Pay Group has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 35.2% each year.
X
Financial health checks
We assess Mi-Pay Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mi-Pay Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Mi-Pay Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mi-Pay Group dividends.
If you bought £2,000 of Mi-Pay Group shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mi-Pay Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mi-Pay Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:MPAY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland IT Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:MPAY Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mi-Pay Group has not reported any payouts.
  • Unable to verify if Mi-Pay Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mi-Pay Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mi-Pay Group 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.
X
Income/ dividend checks
We assess Mi-Pay Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mi-Pay Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mi-Pay Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Mi-Pay Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Beale
COMPENSATION £152,113
AGE 43
TENURE AS CEO 1.3 years
CEO Bio

Mr. John Nicholas Beale has been the Chief Financial Officer at Mi-Pay Group plc. since April 29, 2014 and has been its Chief Executive Officer since 2018. Mr. Beale served as Secretary of Mi-Pay Group plc until 2018. Mr. Beale has over 10 years of experience in the IT Managed Services and Telecoms sectors, working specifically in growing entrepreneurial businesses undergoing both organic and inorganic change. He served as Chief Financial Officer of Evoxus, Telinet Limited and niu-solutions in VC backed, leveraged environments focusing specifically on understanding and delivering the corporate control and commercial understanding requirements of Companies in high growth technology markets. He joined Mi-Pay in February 2011. He joined Telinet as HR Director in September 2007. Prior to this, he served as Finance Director Evoxus Ltd. He has been a Director of Mi-Pay Group plc. since April 29, 2014. He is an ACMA qualified accountant. Mr. Beale earned BSc (Hons) in Mathematics & Economics from Loughborough University in 1997.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Mi-Pay Group management team in years:

1.3
Average Tenure
51
Average Age
  • The average tenure for the Mi-Pay Group management team is less than 2 years, this suggests a new team.
Management Team

Michael Dickerson

TITLE
Executive Chairman
COMPENSATION
£302K
AGE
51
TENURE
1.2 yrs

John Beale

TITLE
CEO, Interim CFO & Director
COMPENSATION
£152K
AGE
43
TENURE
1.3 yrs

Allen Atwell

TITLE
Technology Consultant & Non-Executive Director
COMPENSATION
£152K
AGE
63
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Mi-Pay Group board of directors in years:

5
Average Tenure
50
Average Age
  • The tenure for the Mi-Pay Group board of directors is about average.
Board of Directors

Michael Dickerson

TITLE
Executive Chairman
COMPENSATION
£302K
AGE
51
TENURE
1.2 yrs

John Beale

TITLE
CEO, Interim CFO & Director
COMPENSATION
£152K
AGE
43
TENURE
5 yrs

Seamus Keating

TITLE
Non-Executive Director
COMPENSATION
£13K
AGE
54
TENURE
5 yrs

Ed Lascelles

TITLE
Non Executive Director
COMPENSATION
£4K
AGE
42
TENURE
5 yrs

Allen Atwell

TITLE
Technology Consultant & Non-Executive Director
COMPENSATION
£152K
AGE
63
TENURE
5 yrs

Huub Sparnaay Sparnaaij

TITLE
Non-Executive Director
AGE
49
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
10. May 18 Buy Michael Dickerson Individual 10. May 18 10. May 18 122,000 £0.11 £12,810
X
Management checks
We assess Mi-Pay Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mi-Pay Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Must Know About Mi-Pay Group plc's (LON:MPAY) Financial Strength

Mi-Pay Group plc (LON:MPAY) is a small-cap stock with a market capitalization of UK£5.03m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … IT companies,

Simply Wall St -

With A -41.51% Earnings Drop, Did Mi-Pay Group plc (LON:MPAY) Really Underperform?

When Mi-Pay Group plc's (AIM:MPAY) announced its latest earnings (31 December 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Mi-Pay Group's average earnings over the past couple of years, and its industry performance. … Each year, for the past five years Mi-Pay Group's revenue growth has been relatively subdued, with an annual growth rate of 1.90%, on average.

Simply Wall St -

How Long Will Loss-Making Mi-Pay Group plc (LON:MPAY) Survive?

Check out our latest analysis for Mi-Pay Group What is cash burn? … However, even if Mi-Pay Group maintains its opex at the current level of UK£2.42M, then given the current level of cash in the bank, Mi-Pay Group will still have to come to market again in 1.2 years. … Although this is a relatively simplistic calculation, and Mi-Pay Group may continue to reduce its costs further or open a new line of credit instead of issuing new equity shares, the analysis still helps us understand how sustainable the Mi-Pay Group’s operation is, and when things may have to change.

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What You Must Know About Mi-Pay Group plc's (LON:MPAY) Financial Strength

With this debt payback, MPAY's cash and short-term investments stands at UK£3.52M , ready to deploy into the business. … Additionally, MPAY has produced cash from operations of UK£105.30K during the same period of time, leading to an operating cash to total debt ratio of 106.46%, indicating that MPAY’s current level of operating cash is high enough to cover debt. … Investors' risk associated with debt is very low with MPAY, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: MPAY’s debt level is appropriate for a company its size, and it is also able to generate sufficient cash flow coverage, meaning it has been able to put its debt in good use.

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How Does Mi-Pay Group plc's (LON:MPAY) Earnings Growth Stack Up Against Industry Performance?

Examining Mi-Pay Group plc's (AIM:MPAY) past track record of performance is a valuable exercise for investors. … View our latest analysis for Mi-Pay Group Did MPAY's recent earnings growth beat the long-term trend and the industry? … Mi-Pay Group's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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Mi-Pay Group plc's (LON:MPAY) Most Important Factor To Consider

Mi-Pay Group’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure. … I will be analysing Mi-Pay Group’s FCF by looking at its FCF yield and its operating cash flow growth. … Free Cash Flow = Operating Cash Flows – Net Capital Expenditure Free Cash Flow Yield = Free Cash Flow / Enterprise Value where Enterprise Value = Market Capitalisation + Net Debt In Mi-Pay Group’s case, its strong FCF yield of 40.56% over the past year means it sufficiently compensates investors for the risk they are taking on by investing in the stock, as opposed to merely investing in the well-diversified market index.

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Tech Stocks: Is Now The Time To Buy Mi-Pay Group plc (LON:MPAY)?

Below, I will examine the sector growth prospects, and also determine whether Mi-Pay Group is a laggard or leader relative to its tech sector peers. … Check out our latest analysis for Mi-Pay Group What’s the catalyst for Mi-Pay Group's sector growth? … If Mi-Pay Group has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the tech industry.

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Who Owns Most Of Mi-Pay Group plc (LON:MPAY)?

Today, I will be analyzing Mi-Pay Group plc’s (AIM:MPAY) recent ownership structure, an important but not-so-popular subject among individual investors. … Although MPAY has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … Private Company Ownership Another important group of owners for potential investors in MPAY are private companies that hold a stake of 0.0014% in MPAY.

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Mi-Pay Group plc (LON:MPAY): Time For A Financial Health Check

With this debt payback, MPAY currently has £3.5M remaining in cash and short-term investments , ready to deploy into the business. … On top of this, MPAY has generated £0.1M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 106.46%, signalling that MPAY’s debt is appropriately covered by operating cash. … Risk around debt is very low for MPAY, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: MPAY’s high cash coverage and appropriate debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

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Does Mi-Pay Group plc's (AIM:MPAY) Recent Track Record Look Strong?

Today I will examine Mi-Pay Group plc's (AIM:MPAY) latest earnings update (30 June 2017) and compare these figures against its performance over the past couple of years, in addition to how the rest of MPAY's industry performed. … See our latest analysis for MPAY Did MPAY's recent EPS Growth beat the long-term trend and the industry? … Mi-Pay Group's latest twelve-month earnings -£0.5M, which, in comparison to the prior year's figure, has become less negative.

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Company Info

Description

Mi-Pay Group plc engages in assessing, managing, and mitigating fraud risks in the cardholder-not-present payment solutions market in the United Kingdom, Ireland, rest of Europe, and internationally. It provides an outsourced secure payment services platform for instant top up and digital content services primarily in the mobile sector. The company operates in two segments, Transaction Services Revenues and Professional Services Revenues. The Transaction Services Revenues segment processes payment transactions on behalf of clients. The Professional Services Revenues segment develops, hosts, and delivers platform and client solutions. Mi-Pay Group plc was founded in 2003 and is based in London, the United Kingdom.

Details
Name: Mi-Pay Group plc
MPAY
Exchange: AIM
Founded: 2003
£5,373,777
45,734,277
Website: http://www.mi-pay.com
Address: Mi-Pay Group plc
30 Crown Place,
Earl Street,
London,
Surrey, EC2A 4ES,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MPAY Common Shares London Stock Exchange AIM Market GB GBP 07. Dec 2005
Number of employees
Current staff
Staff numbers
41
Mi-Pay Group employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 20:58
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/01/30
Last earnings filing: 2018/09/25
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.