Market Cap
US$850.3k
Last Updated
2020/01/21 00:26 UTC
Data Sources
Company Financials
Executive Summary
GTX Corp, through its subsidiaries, designs, develops, manufactures, and sells various products and services in the personal location services marketplace in the United States and internationally.
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 2 more risks
Snowflake Analysis
Imperfect balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has GTX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTXO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.3%
GTXO
3.0%
US Consumer Durables
1.2%
US Market
1 Year Return
19.0%
GTXO
37.5%
US Consumer Durables
24.2%
US Market
Return vs Industry: GTXO underperformed the US Consumer Durables industry which returned 36.1% over the past year.
Return vs Market: GTXO underperformed the US Market which returned 24.4% over the past year.
Shareholder returns
| GTXO | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.3% | 3.0% | 1.2% |
| 30 Day | 98.3% | 4.5% | 3.5% |
| 90 Day | 98.1% | 5.0% | 11.7% |
| 1 Year | 19.0%19.0% | 39.5%37.5% | 26.9%24.2% |
| 3 Year | -97.4%-97.4% | 33.9%27.8% | 53.0%43.2% |
| 5 Year | -98.9%-98.9% | 40.7%31.1% | 75.3%56.0% |
Price Volatility Vs. Market
How volatile is GTX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is GTX undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether GTX is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GTX 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.
Next Steps
- Take a look at our analysis of GTXO’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.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through GTX regulatory filings here.
- Explore potentially undervalued companies in the Consumer Durables industry.
Future Growth
How is GTX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.6%
Forecasted Consumer Durables 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 GTX 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
- Take a look at our analysis of GTXO’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.
- 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 GTX's filings and announcements here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has GTX performed over the past 5 years?
-1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTXO is currently unprofitable.
Growing Profit Margin: GTXO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTXO is unprofitable, and losses have increased over the past 5 years at a rate of -1.3% per year.
Accelerating Growth: Unable to compare GTXO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTXO is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-1.5%).
Return on Equity
High ROE: GTXO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is GTX's financial position?
Financial Position Analysis
Short Term Liabilities: GTXO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GTXO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTXO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GTXO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Inventory Level: GTXO has a low level of unsold assets or inventory.
Debt Coverage by Assets: GTXO has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: GTXO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GTXO has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 27.6% each year.
Next Steps
Dividend
What is GTX's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GTXO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GTXO'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 GTXO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTXO'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 GTXO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of GTX's salary, the management and board of directors tenure and is there insider trading?
11.2yrs
Average board tenure
CEO
Patrick Bertagna (56yo)
11.8yrs
Tenure
US$175,000
Compensation
Mr. Patrick E. Bertagna Co-founded GTX Corp in 2002 and has been its Chairman, President and Chief Executive Officer since March 14, 2008. Mr. Bertagna founded Barcode World Inc. He transitioned into techn ...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD175.00K) is below average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
Board Age and Tenure
11.2yrs
Average Tenure
69yo
Average Age
Experienced Board: GTXO's board of directors are seasoned and experienced ( 11.2 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 497.4%.
Management Team
Andrew Duncan (54yo)
President of Business Development
- Tenure: 9.8yrs
- Compensation: US$10.00k
Patrick Bertagna (56yo)
Co-Founder
- Tenure: 11.8yrs
- Compensation: US$175.00k
Louis Rosenbaum (69yo)
Co-Founder
- Tenure: 11.8yrs
- Compensation: US$10.00k
Alex McKean (55yo)
Chief Financial Officer
- Tenure: 8.3yrs
- Compensation: US$96.00k
Board Members
Gil Amelio (76yo)
- Tenure: 10.8yrs
George Lauro (60yo)
- Tenure: 11.5yrs
Frank O'Connell (75yo)
Andrew Duncan (54yo)
President of Business Development
- Tenure: 9.8yrs
- Compensation: US$10.00k
Patrick Bertagna (56yo)
Co-Founder
- Tenure: 11.8yrs
- Compensation: US$175.00k
Louis Rosenbaum (69yo)
Co-Founder
- Tenure: 11.8yrs
- Compensation: US$10.00k
Chris Walsh (69yo)
Director
- Tenure: 4.5yrs
- Compensation: US$10.00k
Jack Brewer
Larry Henneman
Theresa Gordon
Company Information
GTX Corp's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GTX Corp
- Ticker: GTXO
- Exchange: OTCPK
- Founded: 2002
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$850.257k
- Shares outstanding: 71.45m
- Website: https://gtxcorp.com
Number of Employees
Location
- GTX Corp
- 117 West 9th Street
- Suite 1214
- Los Angeles
- California
- 90015
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GTXO | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Mar 2007 |
Biography
GTX Corp, through its subsidiaries, designs, develops, manufactures, and sells various products and services in the personal location services marketplace in the United States and internationally. The company offers global positioning system (GPS), low energy blue tooth (BLE), and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a miniaturized transceiver module, wireless connectivity gateway, middleware, and viewing portal. It also develops and owns LOCiMOBILE, a suite of mobile tracking applications that turn smartphones and tablets, such as iPhone, iPad, Google Android, and other GPS enabled handsets into a tracking and location based real-time tracking device, which can be viewed through its tracking portal or on any connected device with Internet access. In addition, the company offers Track My Work Force, which allows employers to track and monitor employees, drivers, sales representatives, and others using their smartphone, tablet, or any wireless devices; and other applications. The company has a collaboration agreement with Veristride, Inc.; George Mason University’s College of Health and Human Services; and Flint Rehab. GTX Corp was founded in 2002 and is headquartered in Los Angeles, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/21 00:26 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.