OM:CFISH

Stock Analysis Report

Executive Summary

Crunchfish AB (publ) develops and markets patented interaction solutions for mobile commerce and augmented reality worldwide.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CFISH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.5%

CFISH

7.2%

SE Software

-4.1%

SE Market


1 Year Return

2.3%

CFISH

104.0%

SE Software

17.2%

SE Market

Return vs Industry: CFISH underperformed the Swedish Software industry which returned 104% over the past year.

Return vs Market: CFISH underperformed the Swedish Market which returned 17.2% over the past year.


Shareholder returns

CFISHIndustryMarket
7 Day-2.5%7.2%-4.1%
30 Day98.4%19.6%-0.5%
90 Day79.0%45.3%5.2%
1 Year17.5%2.3%106.3%104.0%21.9%17.2%
3 Year42.7%7.2%146.8%136.2%34.6%14.2%
5 Yearn/a200.1%171.6%41.1%11.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

12.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: CFISH is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CFISH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CFISH is overvalued based on its PB Ratio (12.7x) compared to the SE Software industry average (6.2x).


Next Steps

Future Growth

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

26.3%

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 Crunchfish 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 Crunchfish performed over the past 5 years?

-17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFISH is currently unprofitable.

Growing Profit Margin: CFISH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CFISH is unprofitable, and losses have increased over the past 5 years at a rate of -17.4% per year.

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

Earnings vs Industry: CFISH is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-0.9%).


Return on Equity

High ROE: CFISH has a negative Return on Equity (-66.1%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Crunchfish's financial position?


Financial Position Analysis

Short Term Liabilities: CFISH's short term assets (SEK17.9M) exceed its short term liabilities (SEK5.8M).

Long Term Liabilities: CFISH's short term assets (SEK17.9M) exceed its long term liabilities (SEK789.1K).


Debt to Equity History and Analysis

Debt Level: CFISH is debt free.

Reducing Debt: CFISH had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CFISH'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: CFISH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CFISH has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.3%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Joakim Nydemark (48yo)

8.1yrs

Tenure

kr1,087,245

Compensation

Mr. Joakim Nydemark has been Chief Executive Officer of Crunchfish AB (publ) since 2012. Mr. Nydemark served as Vice President of Sales at BlackBerry Sweden AB since September 20, 2007. Mr. Nydemark served ...


CEO Compensation Analysis

Compensation vs Market: Joakim's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD210.95K).

Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Joakim Nydemark
Chief Executive Officer8.1yrskr1.09mno data
Paul Cronholm
Founder & Chief Technology Officer0yrsno data4.11% SEK18.9m
Johan Kling
Chief Financial Officer4.1yrsno datano data
Daniel Milesson
Head of Development Gesture Management2.1yrsno datano data

4.1yrs

Average Tenure

46yo

Average Age

Experienced Management: CFISH's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joachim Samuelsson
Chairman of the Board8.1yrskr740.00k18.4% SEK84.9m
Göran Linder
Independent Director4.1yrsno datano data
Håkan Paulsson
Director1.1yrsno datano data
Malte Zaunders
Director6.1yrskr153.60k0.079% SEK365.2k
Susanne Hannestad
Independent Director1.1yrsno datano data
Patrik Olsson
Independent Director4.1yrsno datano data

4.1yrs

Average Tenure

52.5yo

Average Age

Experienced Board: CFISH's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CFISH 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 45.8%.


Top Shareholders

Company Information

Crunchfish AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crunchfish AB (publ)
  • Ticker: CFISH
  • Exchange: OM
  • Founded: 2010
  • Industry: Application Software
  • Sector: Software
  • Market Cap: kr461.302m
  • Shares outstanding: 25.77m
  • Website: https://crunchfish.com

Location

  • Crunchfish AB (publ)
  • Stora Varvsgatan 6A
  • Malmö
  • Skåne County
  • 211 19
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFISHOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKNov 2016

Biography

Crunchfish AB (publ) develops and markets patented interaction solutions for mobile commerce and augmented reality worldwide. The company offers Touchless A3D, a touchless gesture control that detects and tracks objects in three dimensions using the camera in mobile and wearable devices; and aBubbl, a software platform for mobile interaction within m-commerce and social applications. It also provides Virtual Reality headset interaction device. The company was founded in 2010 and is headquartered in Malmö, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 23:02
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.