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Remark Holdings

Nasdaq:MARK
Snowflake Description

Mediocre balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MARK
Nasdaq
$39M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Remark Holdings, Inc., technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide. The last earnings update was 71 days ago. More info.


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  • Remark Holdings has significant price volatility in the past 3 months.
MARK Share Price and Events
7 Day Returns
-13.2%
NasdaqCM:MARK
-0%
US Online Retail
-0.3%
US Market
1 Year Returns
-76.1%
NasdaqCM:MARK
1.7%
US Online Retail
3.9%
US Market
MARK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Remark Holdings (MARK) -13.2% -1.9% -28.2% -76.1% -80% -88.6%
US Online Retail -0% 3.7% 1.4% 1.7% 117% 212.8%
US Market -0.3% 2.3% 2.3% 3.9% 36.7% 41.8%
1 Year Return vs Industry and Market
  • MARK underperformed the Online Retail industry which returned 1.7% over the past year.
  • MARK underperformed the Market in United States of America which returned 3.9% over the past year.
Price Volatility
MARK
Industry
5yr Volatility vs Market
Related Companies

MARK Value

 Is Remark Holdings 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.

In this section, we usually try to help investors determine whether Remark Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Remark Holdings 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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Remark Holdings. This is due to cash flow or dividend data being unavailable. The share price is $0.9119.
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 Remark Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Remark Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:MARK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.45
NasdaqCM:MARK Share Price ** NasdaqCM (2019-07-19) in USD $0.91
United States of America Online Retail Industry PE Ratio Median Figure of 29 Publicly-Listed Online Retail Companies 35.02x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.92x

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

** Primary Listing of Remark Holdings.

NasdaqCM:MARK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:MARK Share Price ÷ EPS (both in USD)

= 0.91 ÷ -0.45

-2.02x

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

  • Remark Holdings is loss making, we can't compare its value to the US Online Retail industry average.
  • Remark Holdings 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 Remark Holdings's expected growth come at a high price?
Raw Data
NasdaqCM:MARK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-44.9%per year
United States of America Online Retail Industry PEG Ratio Median Figure of 23 Publicly-Listed Online Retail Companies 2.12x
United States of America Market PEG Ratio Median Figure of 2,123 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 Remark Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Remark Holdings's assets?
Raw Data
NasdaqCM:MARK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-0.48
NasdaqCM:MARK Share Price * NasdaqCM (2019-07-19) in USD $0.91
United States of America Online Retail Industry PB Ratio Median Figure of 65 Publicly-Listed Online Retail Companies 3.01x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.8x
NasdaqCM:MARK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:MARK Share Price ÷ Book Value per Share (both in USD)

= 0.91 ÷ -0.48

-1.91x

* Primary Listing of Remark Holdings.

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

  • Remark Holdings has negative assets, we can't compare the value of its assets to the US Online Retail industry average.

Next steps:

  1. Take a look at our analysis of MARK’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.
  2. 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 Remark Holdings's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Online Retail industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Remark Holdings'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 Online Retail 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 Online Retail industry average (and greater than 0)? (1 check)
  5. Remark Holdings 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.

MARK Future Performance

 How is Remark Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
-44.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Remark Holdings expected to grow at an attractive rate?
  • Unable to compare Remark Holdings's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Remark Holdings's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Remark Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:MARK Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:MARK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -44.9%
NasdaqCM:MARK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 20.6%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26.3%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
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
NasdaqCM:MARK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:MARK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 116 -41 1
2019-12-31 91 -34 1
NasdaqCM:MARK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 82 -17 -16
2018-12-31 79 -16 -22
2018-09-30 75 -28 -104
2018-06-30 75 -21 -113
2018-03-31 72 -9 -121
2017-12-31 71 -9 -107
2017-09-30 67 -3 -26
2017-06-30 63 -9 -28
2017-03-31 60 -9 -29
2016-12-31 59 -5 -32
2016-09-30 56 -8 -37
2016-06-30 42 -10 -33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Remark Holdings is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Remark Holdings's revenue is expected to grow significantly at over 20% yearly.
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
NasdaqCM:MARK 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 1 Analyst Estimates (S&P Global) See Below

All data from Remark Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MARK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.96 -0.96 -0.96 1.00
2019-12-31 -0.85 -0.85 -0.85 1.00
NasdaqCM:MARK Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.45
2018-12-31 -0.62
2018-09-30 -3.25
2018-06-30 -3.92
2018-03-31 -4.60
2017-12-31 -4.49
2017-09-30 -1.16
2017-06-30 -1.29
2017-03-31 -1.38
2016-12-31 -1.54
2016-09-30 -1.86
2016-06-30 -1.78

*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 Remark Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Remark Holdings'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.
Remark Holdings has a total score of 2/6, 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.

MARK Past Performance

  How has Remark Holdings 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 Remark Holdings's growth in the last year to its industry (Online Retail).
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.
  • Remark Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Remark Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Remark Holdings's 1-year growth to the US Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
Remark Holdings'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 Remark Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MARK 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 81.85 -16.36 58.53 13.79
2018-12-31 79.11 -21.56 71.74 13.33
2018-09-30 75.39 -103.59 82.48 3.48
2018-06-30 75.48 -113.08 81.12 3.50
2018-03-31 72.03 -120.76 66.36 13.78
2017-12-31 70.60 -106.74 52.64 11.64
2017-09-30 66.96 -26.20 61.03 3.55
2017-06-30 62.65 -28.21 57.54 3.75
2017-03-31 60.37 -29.33 56.25 3.30
2016-12-31 59.33 -31.68 56.00 2.80
2016-09-30 56.16 -37.15 52.74 2.86
2016-06-30 41.83 -33.03 49.26 1.85
2016-03-31 27.68 -30.74 39.94 1.49
2015-12-31 14.23 -31.45 29.35 1.19
2015-09-30 2.62 -22.78 21.77 0.23
2015-06-30 2.04 -15.38 16.82 0.17
2015-03-31 1.98 -17.53 17.96 0.10
2014-12-31 1.84 -18.21 18.59
2014-09-30 2.64 -15.30 15.84
2014-06-30 2.60 -12.82 12.40
2014-03-31 2.50 -9.69 9.87
2013-12-31 2.05 -6.97 6.70
2013-09-30 1.25 -6.38 6.13
2013-06-30 1.32 -7.54 6.83
2013-03-31 0.68 -6.97 5.72
2012-12-31 0.50 -6.04 6.04
2012-09-30 1.27 -6.13 5.75

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

MARK Health

 How is Remark Holdings'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 Remark Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Remark Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Remark Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Remark Holdings'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.
  • Low level of unsold assets.
  • Remark Holdings has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Remark Holdings Company Filings, last reported 3 months ago.

NasdaqCM:MARK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -19.47 38.55 19.91
2018-12-31 -13.12 38.31 17.83
2018-09-30 -10.00 40.32 13.39
2018-06-30 -17.00 41.08 10.13
2018-03-31 -21.21 41.41 23.94
2017-12-31 -79.59 41.09 24.59
2017-09-30 -9.42 40.90 16.57
2017-06-30 -4.88 40.87 7.37
2017-03-31 -1.06 37.95 8.75
2016-12-31 -2.60 37.93 7.03
2016-09-30 -3.63 37.94 5.45
2016-06-30 8.95 24.57 8.20
2016-03-31 11.89 24.13 10.46
2015-12-31 12.06 23.72 5.61
2015-09-30 22.88 23.32 11.52
2015-06-30 4.81 9.74 0.84
2015-03-31 6.73 9.74 2.56
2014-12-31 5.18 9.43 1.53
2014-09-30 6.48 6.33 0.22
2014-06-30 7.93 5.97 2.34
2014-03-31 0.93 5.97 1.41
2013-12-31 2.26 2.50 1.27
2013-09-30 -1.53 5.80 0.42
2013-06-30 -0.26 5.80 1.58
2013-03-31 1.59 5.30 1.73
2012-12-31 2.50 1.80 1.70
2012-09-30 4.27 0.00 0.69
  • Remark Holdings has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Remark Holdings's debt level has increased considering it has negative shareholder equity.
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.

  • Remark Holdings has sufficient cash runway for 1.1 years based on current free cash flow.
  • Remark Holdings has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 30.8% each year.
X
Financial health checks
We assess Remark Holdings'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. Remark Holdings has a total score of 3/6, 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.

MARK Dividends

 What is Remark Holdings'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 Remark Holdings dividends.
If you bought $2,000 of Remark Holdings 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 Remark Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Remark Holdings'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
NasdaqCM:MARK 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 1 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 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 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:MARK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

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

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

MARK Management

 What is the CEO of Remark Holdings'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
Kai-Shing Tao
COMPENSATION $11,900,269
AGE 42
TENURE AS CEO 6.8 years
CEO Bio

Mr. Kai-Shing Tao has been Chief Executive Officer of Remark Holdings, Inc. since December 2012 and its Member of the Board of Directors since 2007 and Chairman of the Board since October 2012. Mr. Taohas served as principal financial officer and principal accounting officer at Remark Holdings, Inc. since June 2018 until August 2018. He served as Co-Chief Executive Officer of Remark Holdings, Inc. since October 2012. He has served as Chairman and Chief Investment Officer of Pacific Star Capital Management, L.P. (“Pacific Star Capital”), a private investment group, since January 2004. Prior to founding Pacific Star Capital, Mr. Tao was a Partner at FALA Capital Group, a single-family investment office, where he Headed the global liquid investments outside the operating companies. Mr. Tao has been an Independent Non-Executive Director of Paradise Entertainment Limited, a Hong-Kong-Stock-Exchange-traded company engaged in casino services and the development, supply and sales of electronic gaming systems, since April 2014 and he has been a Director of Genesis Today, a privately-held health food and supplements company, since 2005. Mr. Tao previously was a Director of Playboy Enterprises, Inc. from May 2010 to March 2011. Mr. Tao also is a Member of the Real Estate Roundtable and U.S.-China and U.S.-Taiwan Business Council. Mr. Tao is a graduate of the New York University Stern School of Business.

CEO Compensation
  • Kai-Shing's compensation has increased whilst company is loss making.
  • Kai-Shing's remuneration is higher than average for companies of similar size in United States of America.
Management Team

Kai-Shing Tao

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
42
TENURE
6.8 yrs

Alison Davidson

TITLE
Interim Chief Financial Officer
COMPENSATION
$1M
AGE
44
TENURE
0.9 yrs

Colton Krueger

TITLE
Investor Relations Contact

Wei Zhou

TITLE
President & CEO of INTAC
COMPENSATION
$120K
AGE
40
Board of Directors Tenure

Average tenure and age of the Remark Holdings board of directors in years:

2.3
Average Tenure
50
Average Age
  • The average tenure for the Remark Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kai-Shing Tao

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
42
TENURE
6.8 yrs

Ted Botts

TITLE
Independent Director
COMPENSATION
$74K
AGE
74
TENURE
11.8 yrs

Daniel Stein

TITLE
Independent Director
AGE
43
TENURE
2.3 yrs

Brett Ratner

TITLE
Independent Director
AGE
50
TENURE
2.3 yrs

Elizabeth Xu

TITLE
Director
AGE
53
TENURE
0.2 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 ($) Value ($)
X
Management checks
We assess Remark Holdings'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. Remark Holdings 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.

MARK News

Simply Wall St News

One Thing To Consider Before Buying Remark Holdings Inc (NASDAQ:MARK)

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Not every stock is exposed to the same level of market risk.

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Remark Holdings Inc (NASDAQ:MARK): When Will It Breakeven?

Remark Holdings, Inc., a technology company, focuses on the development and deployment of artificial intelligence-based solutions for businesses in various industries worldwide. … In this article, I will touch on the expectations for MARK’s growth and when analysts expect the company to become profitable … View out our latest analysis for Remark Holdings

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Remark Holdings Inc (NASDAQ:MARK): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Remark Holdings has a beta of 1.68, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … MARK, with its market capitalisation of $238.81M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Is Remark Holdings Inc (NASDAQ:MARK) Excessively Paying Its CEO?

In this exercise, I will use profits as a proxy for Tao's performance. … Normally I would look at market cap and earnings as a proxy for performance, however, MARK's negative earnings reduces the effectiveness of this method. … Although remuneration can be a useful gauge of whether Tao's incentives are well-aligned with MARK's shareholders, it is certainly not sufficient to base your investment decision solely on this factor.

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What’s Installed For Remark Holdings Inc (NASDAQ:MARK)?

Remark Holdings Inc (NASDAQ:MARK), is a USD$261.48M small-cap, which operates in the software industry based in United States. … Today, I will analyse the industry outlook, and also determine whether Remark Holdings is a laggard or leader relative to its tech sector peers. … If Remark Holdings has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the tech industry.

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How Does Remark Holdings Inc's (NASDAQ:MARK) EPS Growth Stack Up Against Industry Performance?

Measuring Remark Holdings Inc's (NASDAQ:MARK) track record of past performance is an insightful exercise for investors. … View our latest analysis for Remark Holdings Commentary On MARK's Past Performance For the most up-to-date info, I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Though Remark Holdings's past data is helpful, it is only one aspect of my investment thesis.

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MARK Company Info

Description

Remark Holdings, Inc., technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide. It operates through two segments, Travel & Entertainment, and Technology & Data Intelligence. The company operates KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries. It also owns and operates various digital media properties that deliver content in various verticals, including travel and entertainment, such as lodging, air travel, show tickets, and tours through Vegas.com and its related Websites comprising LasVegas.com, as well as mobile applications and retail locations; and young adult lifestyle that includes Bikini.com, an e-commerce Website, which sells swimwear and accessories. In addition, the company sells financial-technology products and services, as well as advertising services through its Websites. The company was formerly known as Remark Media, Inc. and changed its name to Remark Holdings, Inc. in April 2017. Remark Holdings, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada.

Details
Name: Remark Holdings, Inc.
MARK
Exchange: NasdaqCM
Founded: 2006
$39,216,404
43,005,159
Website: http://www.remarkholdings.com
Address: Remark Holdings, Inc.
3960 Howard Hughes Parkway,
Suite 900,
Las Vegas,
Nevada, 89169,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM MARK Common Stock Nasdaq Capital Market US USD 03. Oct 2007
DB 3SWN Common Stock Deutsche Boerse AG DE EUR 03. Oct 2007
Number of employees
Current staff
Staff numbers
290
Remark Holdings employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 00:09
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/10
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.