Loading...

Ignite International Brands

OTCPK:IILB.F
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IILB.F
OTCPK
CA$347M
Market Cap
  1. Home
  2. US
  3. Pharmaceuticals & Biotech
Company description

Ignite International Brands, Ltd. operates in cannabis industry in the United States and Canada. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Ignite International Brands has significant price volatility in the past 3 months.
IILB.F Share Price and Events
7 Day Returns
30.2%
OTCPK:IILB.F
-0.9%
US Pharmaceuticals
-1.2%
US Market
1 Year Returns
-
OTCPK:IILB.F
3.7%
US Pharmaceuticals
3.4%
US Market
IILB.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ignite International Brands (IILB.F) 30.2% 82.8% - - - -
US Pharmaceuticals -0.9% -4% 0.8% 3.7% 0.2% 12.1%
US Market -1.2% 1.2% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • No trading data on IILB.F.
  • No trading data on IILB.F.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Ignite International Brands 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ignite International Brands. This is due to cash flow or dividend data being unavailable. The share price is $0.99273.
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 Ignite International Brands's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ignite International Brands's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:IILB.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.23
CNSX:BILZ Share Price ** CNSX (2019-07-19) in CAD CA$1.35
CNSX:BILZ Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.765 $1.03
United States of America Pharmaceuticals Industry PE Ratio Median Figure of 29 Publicly-Listed Pharmaceuticals Companies 17.84x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 17.88x

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

** Primary Listing of Ignite International Brands.

OTCPK:IILB.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:BILZ Share Price ÷ EPS (both in USD)

= 1.03 ÷ -0.23

-4.46x

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

  • Ignite International Brands is loss making, we can't compare its value to the US Pharmaceuticals industry average.
  • Ignite International Brands 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 Ignite International Brands's expected growth come at a high price?
Raw Data
OTCPK:IILB.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.46x
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 Pharmaceuticals Industry PEG Ratio Median Figure of 21 Publicly-Listed Pharmaceuticals Companies 1.7x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*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 Ignite International Brands, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ignite International Brands's assets?
Raw Data
OTCPK:IILB.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.01
CNSX:BILZ Share Price * CNSX (2019-07-19) in CAD CA$1.35
CNSX:BILZ Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.765 $1.03
United States of America Pharmaceuticals Industry PB Ratio Median Figure of 186 Publicly-Listed Pharmaceuticals Companies 3.1x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
OTCPK:IILB.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:BILZ Share Price ÷ Book Value per Share (both in USD)

= 1.03 ÷ 0.01

82.76x

* Primary Listing of Ignite International Brands.

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

  • Ignite International Brands is overvalued based on assets compared to the US Pharmaceuticals industry average.
X
Value checks
We assess Ignite International Brands'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 Pharmaceuticals 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 Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. Ignite International Brands 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.

Future Performance

 How is Ignite International Brands 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 Ignite International Brands 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
16.2%
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ignite International Brands expected to grow at an attractive rate?
  • Unable to compare Ignite International Brands's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ignite International Brands's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Ignite International Brands's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:IILB.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 16.2%
United States of America Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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:IILB.F 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:IILB.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 3 -24 -20
2018-12-31 2 -16 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ignite International Brands is high growth as no earnings estimate data is available.
  • Unable to determine if Ignite International Brands 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:IILB.F 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 Ignite International Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IILB.F Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.23
2018-12-31 -0.14

*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 Ignite International Brands will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Ignite International Brands'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 Pharmaceuticals & Biotech companies here
  2. 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 Ignite International Brands's filings and announcements here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ignite International Brands'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.
Ignite International Brands 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.

Past Performance

  How has Ignite International Brands 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 Ignite International Brands's growth in the last year to its industry (Pharmaceuticals).
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.
  • Ignite International Brands does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Ignite International Brands's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ignite International Brands's 1-year growth to the US Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
Ignite International Brands'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 Ignite International Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IILB.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 3.04 -20.26 21.14
2018-12-31 1.89 -12.57 13.16

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

Health

 How is Ignite International Brands'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 Ignite International Brands's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ignite International Brands's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ignite International Brands's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ignite International Brands'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
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 Ignite International Brands Company Filings, last reported 3 months ago.

OTCPK:IILB.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1.09 19.14 16.25
2018-12-31 9.58 3.88 9.73
  • Ignite International Brands's level of debt (1751.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if Ignite International Brands's debt level has increased without past 5-year debt data.
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.

  • Ignite International Brands has less than a year of cash runway based on current free cash flow.
  • Ignite International Brands has less than a year of cash runway if free cash flow continues to grow at historical rates of 163% each year.
X
Financial health checks
We assess Ignite International Brands'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. Ignite International Brands 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.

Dividends

 What is Ignite International Brands'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 Ignite International Brands dividends.
If you bought $2,000 of Ignite International Brands 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 Ignite International Brands's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ignite International Brands'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:IILB.F 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 Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 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 3.8%

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 Ignite International Brands has not reported any payouts.
  • Unable to verify if Ignite International Brands's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ignite International Brands's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ignite International Brands 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 Ignite International Brands'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 Ignite International Brands afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ignite International Brands 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.

Management

 What is the CEO of Ignite International Brands'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
Dan Bilzerian
AGE 38
TENURE AS CEO 0.5 years
CEO Bio

Mr. Dan Bilzerian serves as Chairman at Ignite International Brands, Ltd (also known as ALQ Gold Corporation) since January 9, 2019 and serves as its Chief Executive Officer and Director since January 8, 2019. Mr. Bilzerian became one of the world's most successful professional poker players. As Chairman and Founder of the Ignite Group of Companies, he has launched a trusted and premium global cannabis brand. After serving four years and being honorably discharged from the United States Navy, Mr. Bilzerian attended the University of Florida where he majored in Business and Criminology.

CEO Compensation
  • Insufficient data for Dan to compare compensation growth.
  • Insufficient data for Dan to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Dan Bilzerian

TITLE
Chairman & CEO
AGE
38
TENURE
0.5 yrs

Jim McCormick

TITLE
President
AGE
52

Eddie Mattei

TITLE
CFO & Corporate Secretary
AGE
48
Board of Directors Tenure

Average tenure and age of the Ignite International Brands board of directors in years:

0.5
Average Tenure
55
Average Age
  • The average tenure for the Ignite International Brands board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dan Bilzerian

TITLE
Chairman & CEO
AGE
38
TENURE
0.5 yrs

Lu Galasso

TITLE
Director
AGE
63
TENURE
0.5 yrs

Scott Rohleder

TITLE
Director
AGE
55
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
03. Jun 19 Buy 1260356 Ontario Limited Company 30. May 19 30. May 19 1,060,000 $1.27 $1,350,049
31. May 19 Buy Cordell Consultants, Inc. Company 30. May 19 30. May 19 16,666,667 $1.11 $18,512,067
31. May 19 Buy Atlas Investments, Ltd. Company 30. May 19 30. May 19 35,775,000 $1.27 $45,564,149
31. May 19 Buy Vulcan Enterprises SKN, Ltd. Company 30. May 19 30. May 19 25,440,000 $1.27 $32,401,173
31. May 19 Buy Good Spirits Hospitality Limited Company 30. May 19 30. May 19 5,406,000 $1.27 $6,885,249
X
Management checks
We assess Ignite International Brands'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. Ignite International Brands 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.

News

Simply Wall St News

Company Info

Description

Ignite International Brands, Ltd. operates in cannabis industry in the United States and Canada. It offers joints, drops, and vape products under the IGNITE brand name. The company is based in Toronto, Canada.

Details
Name: Ignite International Brands, Ltd.
IILB.F
Exchange: OTCPK
Founded:
CA$265,171,961
256,849,491
Website: http://www.igniteinternational.co
Address: Ignite International Brands, Ltd.
11 Cidermill Avenue,
Toronto,
Ontario, L4K 4B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX BILZ Subordinate Voting Shares Canadian National Stock Exchange CA CAD 31. May 2019
OTCPK IILB.F Subordinate Voting Shares Pink Sheets LLC US USD 31. May 2019
Number of employees
Current staff
Staff numbers
0
Ignite International Brands employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/21 01:58
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/06/10
Last earnings reported: 2019/03/31
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.