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Balance Labs

OTCPK:BLNC
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLNC
OTCPK
$22M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Balance Labs, Inc. operates as a consulting firm that provides business development and consulting services to startup and development-stage businesses in the United States. The last earnings update was 22 days ago. More info.


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BLNC Share Price and Events
7 Day Returns
0%
OTCPK:BLNC
0.2%
US Professional Services
-0.8%
US Market
1 Year Returns
-19.2%
OTCPK:BLNC
10.2%
US Professional Services
7%
US Market
BLNC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Balance Labs (BLNC) 0% 0% - -19.2% - -
US Professional Services 0.2% 5.8% 15.6% 10.2% 7.7% 17%
US Market -0.8% 2.7% 7.5% 7% 37.9% 47%
1 Year Return vs Industry and Market
  • BLNC underperformed the Professional Services industry which returned 10.2% over the past year.
  • BLNC underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
BLNC
Industry
5yr Volatility vs Market
Related Companies

BLNC Value

 Is Balance Labs 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.

In this section, we usually try to help investors determine whether Balance Labs is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Balance Labs has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Balance Labs. This is due to cash flow or dividend data being unavailable. The share price is $1.01.
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 Balance Labs's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Balance Labs's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BLNC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.03
OTCPK:BLNC Share Price ** OTCPK (2019-02-27) in USD $1.01
United States of America Professional Services Industry PE Ratio Median Figure of 37 Publicly-Listed Professional Services Companies 23.02x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.21x

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

** Primary Listing of Balance Labs.

OTCPK:BLNC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:BLNC Share Price ÷ EPS (both in USD)

= 1.01 ÷ -0.03

-39.87x

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

  • Balance Labs is loss making, we can't compare its value to the US Professional Services industry average.
  • Balance Labs is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Balance Labs's expected growth come at a high price?
Raw Data
OTCPK:BLNC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -39.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Professional Services Industry PEG Ratio Median Figure of 33 Publicly-Listed Professional Services Companies 1.68x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*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 Balance Labs, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Balance Labs's assets?
Raw Data
OTCPK:BLNC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-0.10
OTCPK:BLNC Share Price * OTCPK (2019-02-27) in USD $1.01
United States of America Professional Services Industry PB Ratio Median Figure of 55 Publicly-Listed Professional Services Companies 2.3x
United States of America Market PB Ratio Median Figure of 5,186 Publicly-Listed Companies 1.91x
OTCPK:BLNC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:BLNC Share Price ÷ Book Value per Share (both in USD)

= 1.01 ÷ -0.10

-10.54x

* Primary Listing of Balance Labs.

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

  • Balance Labs has negative assets, we can't compare the value of its assets to the US Professional Services industry average.

Next steps:

  1. Take a look at our analysis of BLNC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Show me more potentially undervalued companies in the Professional Services industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Balance Labs'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Balance Labs 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.

BLNC Future Performance

 How is Balance Labs expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Balance Labs 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
22.3%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Balance Labs expected to grow at an attractive rate?
  • Unable to compare Balance Labs's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Balance Labs's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Balance Labs's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:BLNC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 22.3%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
OTCPK:BLNC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BLNC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 -1
2018-09-30 0 0 -1
2018-06-30 0 0 -1
2018-03-31 0 0 0
2017-12-31 0 0 -1
2017-09-30 0 0 -1
2017-06-30 0 0 -1
2017-03-31 0 -1 -1
2016-12-31 -1 -1
2016-09-30 0 -1 -1
2016-06-30 0 0 -1
2016-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Balance Labs is high growth as no earnings estimate data is available.
  • Unable to determine if Balance Labs is high growth as no revenue estimate data is available.
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
OTCPK:BLNC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Balance Labs Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BLNC Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.04
2017-09-30 -0.05
2017-06-30 -0.05
2017-03-31 -0.06
2016-12-31 -0.05
2016-09-30 -0.04
2016-06-30 -0.03
2016-03-31 -0.02

*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 Balance Labs will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BLNC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Balance Labs's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Balance Labs's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Balance Labs'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Balance Labs has a total score of 0/6, 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.

BLNC Past Performance

  How has Balance Labs performed over the past 5 years?

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 Balance Labs's growth in the last year to its industry (Professional Services).
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.
  • Balance Labs does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Balance Labs's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Balance Labs's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Balance Labs'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 Balance Labs Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BLNC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.01 -0.55 0.32
2018-09-30 0.00 -0.56 0.34
2018-06-30 0.00 -0.57 0.33
2018-03-31 0.00 -0.44 0.30
2017-12-31 0.00 -0.84 0.30
2017-09-30 0.00 -1.08 0.37
2017-06-30 0.00 -1.19 0.43
2017-03-31 0.00 -1.33 0.49
2016-12-31 -1.13 0.46
2016-09-30 0.00 -0.84 0.40
2016-06-30 0.00 -0.62 0.34
2016-03-31 0.02 -0.40 0.29
2015-12-31 0.04 -0.37 0.31
2015-09-30 0.18 -0.23 0.35
2014-12-31 0.19 -0.01 0.21

*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 Balance Labs has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Balance Labs has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Balance Labs improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Balance Labs'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 Professional Services 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.
Balance Labs 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.

BLNC Health

 How is Balance Labs'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 Balance Labs's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Balance Labs's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Balance Labs has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Balance Labs'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.
  • Balance Labs has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Balance Labs Company Filings, last reported 3 months ago.

OTCPK:BLNC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -2.11 1.50 0.03
2018-09-30 -1.91 1.43 0.09
2018-06-30 -1.71 1.33 0.08
2018-03-31 -1.44 1.21 0.07
2017-12-31 -1.52 1.03 0.01
2017-09-30 -1.19 0.94 0.01
2017-06-30 -0.78 0.81 0.01
2017-03-31 -0.46 0.69 0.00
2016-12-31 0.13 0.48 0.02
2016-09-30 0.37 0.28 0.13
2016-06-30 0.60 0.15 0.16
2016-03-31 -0.36 0.08 0.00
2015-12-31 -0.24 0.03 0.02
2015-09-30 -0.14 0.00 0.04
2014-12-31 -0.01 0.00 0.07
  • Balance Labs has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Balance Labs's debt level has increased considering it has negative shareholder equity.
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.

  • Balance Labs has less than a year of cash runway based on current free cash flow.
  • Balance Labs has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.8% each year.
X
Financial health checks
We assess Balance Labs'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. Balance Labs has a total score of 1/6, 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.

BLNC Dividends

 What is Balance Labs'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 Balance Labs dividends.
If you bought $2,000 of Balance Labs 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 Balance Labs's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Balance Labs'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
OTCPK:BLNC 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 0 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Balance Labs has not reported any payouts.
  • Unable to verify if Balance Labs's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Balance Labs's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Balance Labs 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 Balance Labs's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Balance Labs afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Balance Labs 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.

BLNC Management

 What is the CEO of Balance Labs'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
Michael Farkas
COMPENSATION $120,000
AGE 46
TENURE AS CEO 3.6 years
CEO Bio

Mr. Michael D. Farkas has been Chief Executive Officer of Blink Charging Co. since October 2018. He served as Interim Chief Executive Officer of Blink Charging Co. since October 2018 until October 2018. He has been Chief Executive Officer, President and Chief Financial Officer of Balance Labs, Inc since September 11, 2015. Mr. Farkas is a Co-Founder of Blink Charging Co. and served as its Chief Executive Officer since 2010 until July 29, 2015 and Chief Visionary Officer from July 29, 2015 to November 24, 2015. He served as the Chairman and Chief Executive Officer of Eurosport Active World Corp. (also WealthHound.com Inc.), since March 7, 2000. He serves as the President of i-RealtyAuction.com Inc., a subsidiary of i-incubator.com Inc. He is the Founder of Wisedriver.com, Inc. He is an experienced executive with a 20-year established track record as a principal investor across a variety of industries, including telecommunications, medical technology, aerospace and defense and automotive retail. He served as Chief Executive Officer of The Atlas Group of Companies LLC. He served as the Chief Executive Officer of Car Charging Group, Inc from 2010 to July 29, 2015. He served as the Chief Executive Officer of Atlas Opportunity Fund, Ltd., and Atlas Private Equity, LLC. He served as the Chief Executive Officer of Balance Labs, Inc. from its inception on June 5, 2014 until January 15, 2015 He served as the President of Atlas Equity Group, Inc. since May 1993. Mr. Farkas served as Secretary and Treasurer of Atlas Recreational Holdings until February 2000. He served as the President of Genesis Group Holdings, Inc., from December 22, 1999 to October 5, 2001. Previously, he founded and served as a Manager of The Farkas Group,. He served as President of Warrior Equity Partners Inc. since January 1994. Since 1993, he has concentrated his business activities on mergers and acquisitions, financial consulting and fund raising primarily in the telecommunications, information technology and other hi-tech ventures through Atlas Equity Group, Inc. and Warrior Equity Partners Inc. Prior to joining Wealthhound Com Inc., he founded Atlas Recreational Holdings in March 1999. He is the Executive Chairman of The Board at Blink Charging Co. since January 01, 2015 and also its Director since 2010. He serves as Chairman of the Board at Balance Labs, Inc. He served as Chairman of The Atlas Group of Companies, LLC. He has been a Director of Atlas Equity Group since May 1993; Balance Labs, Inc since June 2014; i-incubator.com Inc., since March 2000 and Director of Car Charging Group, Inc., since 2010. He has been Director of Global Realty Management Group since February 1997 and i-RealtyAuction.com Inc., a subsidiary of i-incubator.com Inc. Mr. Farkas served as Director of Eurosport Active World Corp.; Warrior zEquity Partners Inc., since January 1994; Atlas Realty Services, LLC; Atlas Recreational Holdings until February 2000 and Genesis Group Holdings, Inc. (Formerly Known as Genesis Realty Group Inc.,) from December 22, 1999 to July 26, 2006. Mr. Farkas attended Brooklyn College where he studied Finance.

CEO Compensation
  • Michael's compensation has been consistent with company performance over the past year.
  • Michael's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Michael Farkas

TITLE
President
COMPENSATION
$120K
AGE
46
TENURE
3.6 yrs

Carmen Villegas

TITLE
Secretary & Director
AGE
30
TENURE
4.3 yrs
Board of Directors

Michael Farkas

TITLE
President
COMPENSATION
$120K
AGE
46

Carmen Villegas

TITLE
Secretary & Director
AGE
30
TENURE
4.3 yrs

Aviv Hillo

TITLE
Director
AGE
54
TENURE
3.6 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 ($) Value ($)
X
Management checks
We assess Balance Labs'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. Balance Labs 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.

BLNC News

Simply Wall St News

BLNC Company Info

Description

Balance Labs, Inc. operates as a consulting firm that provides business development and consulting services to startup and development-stage businesses in the United States. The company offers services that help businesses in various industries to meet their business needs; and helps improve business models, sales, and marketing plans and internal operations, as well as introduce businesses to experienced professional contacts that would be vital to the success of these businesses. In addition, it assists in the development and execution of various services, such as business model development, including marketing research, naming, and branding; business plan writing; financial modeling; Website and mobile application development; employee and board member recruitment; patent/trademark filing assistance; professional introductions; product or service development; product production; marketing material development; product or service placement; celebrity endorsements; and introductions to professional services, such as legal and accounting. The company was founded in 2014 and is headquartered in Miami Beach, Florida. Balance Labs, Inc. is a subsidiary of Balance Holdings, LLC.

Details
Name: Balance Labs, Inc.
BLNC
Exchange: OTCPK
Founded: 2014
$21,836,200
21,620,000
Website: http://www.balancelabs.co
Address: Balance Labs, Inc.
350 Lincoln Road,
Miami Beach,
Florida, 33139,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK BLNC Common Stock Pink Sheets LLC US USD 20. Nov 2015
Number of employees
Current staff
Staff numbers
4
Balance Labs employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 01:00
End of day share price update: 2019/02/27 00:00
Last earnings filing: 2019/04/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.