OTCPK:INND

Stock Analysis Report

InnerScope Hearing Technologies

Executive Summary

InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community.

Snowflake

Poor track record with weak fundamentals.


Similar Companies

Share Price & News

How has InnerScope Hearing Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.7%

INND

3.2%

US Medical Equipment

0.7%

US Market


1 Year Return

-93.4%

INND

19.2%

US Medical Equipment

12.9%

US Market

Return vs Industry: INND underperformed the US Medical Equipment industry which returned 19.2% over the past year.

Return vs Market: INND underperformed the US Market which returned 12.9% over the past year.


Shareholder returns

INNDIndustryMarket
7 Day-14.7%3.2%0.7%
30 Day-55.4%4.4%4.4%
90 Day-90.0%3.6%7.2%
1 Year-93.4%-93.4%20.2%19.2%15.4%12.9%
3 Yearn/a85.9%80.2%49.1%39.5%
5 Yearn/a120.3%96.3%62.7%44.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is InnerScope Hearing Technologies undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether InnerScope Hearing Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as InnerScope Hearing Technologies 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 INND’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 InnerScope Hearing Technologies regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

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

23.0%

Forecasted Healthcare 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 InnerScope Hearing Technologies 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 INND’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 InnerScope Hearing Technologies's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has InnerScope Hearing Technologies performed over the past 5 years?

-77.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if INND has high quality earnings.

Growing Profit Margin: INND's current net profit margins (-885.2%) are higher than last year (-1246.2%).


Past Earnings Growth Analysis

Earnings Trend: INND is unprofitable, and losses have increased over the past 5 years at a rate of -77.8% per year.

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

Earnings vs Industry: INND is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (28.3%).


Return on Equity

High ROE: INND'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 InnerScope Hearing Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: INND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: INND 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: INND has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: INND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: INND has a high level of physical assets or inventory.

Debt Coverage by Assets: INND 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: INND has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: INND has less than a year of cash runway if free cash flow continues to reduce at historical rates of -100.7% each year


Next Steps

Dividend

What is InnerScope Hearing Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate INND'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 INND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INND'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 INND'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 InnerScope Hearing Technologies's salary, the management and board of directors tenure and is there insider trading?

US$483k

CEO Compensation


CEO

Matt Moore (31yo)

0yrs

Tenure

US$482,726

Compensation

Mr. Matthew Ross Moore, also known as Matt, serves as a Director of Marketing at McDonald Hearing Aid Centers, Inc. For the last four years, Mr. Moore has directed marketing and advertising for McDonald He ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD482.73K) is about average for companies of similar size in the US market ($USD509.30K).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.


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 128.2%.


Management Team

  • Mark Moore (55yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: US$257.53k
  • Kim Moore (62yo)

    CFO, Treasurer & Director

    • Tenure: 7.4yrs
    • Compensation: US$382.64k
  • Matt Moore (31yo)

    Founder

    • Tenure: 0yrs
    • Compensation: US$482.73k
  • Seth Greene

    Chief Marketing Officer

    • Tenure: 1.9yrs
  • Doug Qualset

    VP of Finance & Chief Accountant

    • Tenure: 0yrs

Board Members

  • Mark Moore (55yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: US$257.53k
  • Kim Moore (62yo)

    CFO, Treasurer & Director

    • Tenure: 7.4yrs
    • Compensation: US$382.64k
  • Matt Moore (31yo)

    Founder

    • Tenure: 0yrs
    • Compensation: US$482.73k

Company Information

InnerScope Hearing Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: InnerScope Hearing Technologies, Inc.
  • Ticker: INND
  • Exchange: OTCPK
  • Founded: 2012
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: US$639.778k
  • Shares outstanding: 220.61m
  • Website: https://www.innd.com

Number of Employees


Location

  • InnerScope Hearing Technologies, Inc.
  • 2151 Professional Drive
  • Second Floor
  • Roseville
  • California
  • 95661
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INNDOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2017

Biography

InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community. The company engages in the provision ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/17 00:45
End of Day Share Price2019/11/15 00:00
Earnings2019/09/30
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.