OTCPK:TIXC

Stock Analysis Report

Executive Summary

Tix Corporation, through its subsidiary, operates as an entertainment company in the United States and internationally.


Snowflake Analysis

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.


Market Performance


7 Day Return

15.3%

TIXC

3.9%

US Entertainment

9.4%

US Market


1 Year Return

-75.0%

TIXC

-3.8%

US Entertainment

-6.8%

US Market

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.


Shareholder returns

TIXCIndustryMarket
7 Day15.3%3.9%9.4%
30 Day-66.4%-1.5%-3.9%
90 Day-79.8%-11.1%-16.5%
1 Year-75.0%-75.0%-3.2%-3.8%-4.8%-6.8%
3 Year-92.9%-92.9%33.5%29.2%23.4%15.2%
5 Year-93.8%-95.0%64.4%54.5%41.3%25.7%

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

2 years ago | Simply Wall St

Top OTCPK Undervalued Stock

2 years ago | Simply Wall St

Top OTCPK Undervalued Stock

2 years ago | Simply Wall St

Top OTCPK Undervalued Stock

Valuation

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

0.78x

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).


Next Steps

Future Growth

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

13.3%

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.


Next Steps

  • 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.

Past Performance

How has Tix performed over the past 5 years?

-59.8%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

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

13.1yrs

Average management tenure


CEO

Mitch Francis (64yo)

27s

Tenure

US$794,000

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Mitchell Francis
Co-Founder27yrsUS$794.00k23.01% $398.9k
Steve Handy
Chief Financial Officer10.08yrsUS$292.00kno data
Kimberly Simon
Chief Operating Officer13.08yrsUS$401.00kno data
Joseph Marsh
Co-Chief Executive Officer of Tix Productions Incno datano datano data
John Ballard
President of Tix Productionsno dataUS$194.00kno data
Steve Boulay
Vice President of Marketing - Tix Productionsno dataUS$192.00kno data
Curtis Bechdel
Executiveno datano datano data

13.1yrs

Average Tenure

64yo

Average Age

Experienced Management: TIXC's management team is seasoned and experienced (13.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Francis
Co-Founder27yrsUS$794.00k23.01% $398.9k
Norman Feirstein
Chairman of the Board0.58yrUS$31.00kno data
Jordan Fiksenbaum
Outside Director0.67yrno datano data
Haren Bhakta
Director0.58yrno datano data
Michael Fisk
Director0.58yrno datano data
Jeremy Weiner
Director0.58yrno datano data
Barry Fieldman
Director0.33yrno datano data

0.6yrs

Average Tenure

64yo

Average Age

Experienced Board: TIXC's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tix Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Tix Corporation
  • 12711 Ventura Boulevard
  • Suite 340
  • Studio City
  • California
  • 91604
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TIXCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1994

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 02:04
End of Day Share Price2020/04/08 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.