Tix Corporation, through its subsidiary, operates as an entertainment company in the United States and internationally.
Flawless balance sheet and overvalued.
Share Price & News
How has Tix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIXC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TIXC underperformed the US Entertainment industry which returned -2.1% over the past year.
Return vs Market: TIXC underperformed the US Market which returned -8.1% over the past year.
Price Volatility Vs. Market
How volatile is Tix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Tix undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TIXC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TIXC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TIXC is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.
PE vs Market: TIXC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TIXC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIXC is good value based on its PB Ratio (0.8x) compared to the US Entertainment industry average (2x).
How is Tix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media 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 Tix 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.
- Examine Tix's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 Tix's filings and announcements here.
- Explore growth companies in the Media industry.
How has Tix performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIXC is currently unprofitable.
Growing Profit Margin: TIXC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TIXC is unprofitable, and losses have increased over the past 5 years at a rate of -59.8% per year.
Accelerating Growth: Unable to compare TIXC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIXC is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (10.3%).
Return on Equity
High ROE: TIXC has a negative Return on Equity (-134.4%), as it is currently unprofitable.
How is Tix's financial position?
Financial Position Analysis
Short Term Liabilities: TIXC's short term assets ($2.5M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: TIXC's short term assets ($2.5M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: TIXC is debt free.
Reducing Debt: TIXC has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: TIXC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TIXC has no debt, therefore coverage of interest payments is not a concern.
What is Tix's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIXC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TIXC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIXC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIXC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TIXC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TIXC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mitch Francis (64yo)
Mr. Mitchell J. Francis, also known as Mitch, Founded Tix Corporation (formerly Cinema Ride Inc.) in April 1993 and has been its Chief Executive Officer and President since April 1993. Mr. Francis serves a ...
CEO Compensation Analysis
Compensation vs Market: Mitch's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD614.05K).
Compensation vs Earnings: Insufficient data to compare Mitch's compensation with company performance.
|Chief Financial Officer||10.08yrs||US$292.00k||no data|
|Chief Operating Officer||13.08yrs||US$401.00k||no data|
|Co-Chief Executive Officer of Tix Productions Inc||no data||no data||no data|
|President of Tix Productions||no data||US$194.00k||no data|
|Vice President of Marketing - Tix Productions||no data||US$192.00k||no data|
|Executive||no data||no data||no data|
Experienced Management: TIXC's management team is seasoned and experienced (13.1 years average tenure).
|Chairman of the Board||0.58yr||US$31.00k||no data|
|Outside Director||0.67yr||no data||no data|
|Director||0.58yr||no data||no data|
|Director||0.58yr||no data||no data|
|Director||0.58yr||no data||no data|
|Director||0.33yr||no data||no data|
Experienced Board: TIXC's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tix Corporation's company bio, employee growth, exchange listings and data sources
- Name: Tix Corporation
- Ticker: TIXC
- Exchange: OTCPK
- Founded: 1993
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$1.734m
- Shares outstanding: 17.34m
- Website: https://www.tixcorp.com
Number of Employees
- Tix Corporation
- 12711 Ventura Boulevard
- Suite 340
- Studio City
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TIXC||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Sep 1994|
Tix Corporation, through its subsidiary, operates as an entertainment company in the United States and internationally. The company provides discount ticketing and discount dinner reservations services. It offers discount tickets under short-term, exclusive, and nonexclusive agreements in Las Vegas at a discount of up to 50 percent for same day shows, concerts, attractions, and tours, as well as discount dining and shopping offers. As of March 19, 2020, the company operated nine discount ticket stores in Las Vegas under its Tix4Tonight marquee; and tix4tonight.com, an online ticket sales site. In addition, it provides online booking services for shows, concerts, tours, attractions, and other entertainment and leisure activities. The company was formerly known as Cinema Ride, Inc. and changed its name to Tix Corporation in March 2005. Tix Corporation was founded in 1993 and is headquartered in Studio City, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 02:04|
|End of Day Share Price||2020/04/08 00:00|
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.