NasdaqCM:MARK

Stock Analysis Report

Executive Summary

Remark Holdings, Inc., technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide.

Risk Analysis

Earnings are forecast to decline by an average of -1.6% per year for the next 3 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 2 more risks


Snowflake Analysis

Weak fundamentals or lack of information.


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Share Price & News

How has Remark Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.4%

MARK

3.0%

US Online Retail

1.5%

US Market


1 Year Return

-69.7%

MARK

29.2%

US Online Retail

20.1%

US Market

Return vs Industry: MARK underperformed the US Online Retail industry which returned 29.2% over the past year.

Return vs Market: MARK underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

MARKIndustryMarket
7 Day5.4%3.0%1.5%
30 Day-6.0%5.9%1.4%
90 Day-11.0%19.1%8.7%
1 Year-69.7%-69.7%29.3%29.2%22.7%20.1%
3 Year-81.5%-81.5%111.6%111.4%50.1%40.5%
5 Year-88.4%-88.4%218.0%204.0%73.1%54.1%

Price Volatility Vs. Market

How volatile is Remark Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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


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.


Next Steps

Future Growth

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

-1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MARK is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MARK is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MARK is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MARK's revenue is expected to decline over the next 3 years (-117.2% per year).

High Growth Revenue: MARK's revenue is forecast to decline over the next 3 years (-117.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MARK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Remark Holdings performed over the past 5 years?

-20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MARK is currently unprofitable.

Growing Profit Margin: MARK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MARK is unprofitable, and losses have increased over the past 5 years at a rate of -20.3% per year.

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

Earnings vs Industry: MARK is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (15%).


Return on Equity

High ROE: MARK'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 Remark Holdings's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

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

Forecast Cash Runway: MARK has less than a year of cash runway if free cash flow continues to reduce at historical rates of -20.7% each year


Next Steps

Dividend

What is Remark Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if MARK'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 MARK'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?

2.9yrs

Average board tenure


CEO

Kai-Shing Tao (42yo)

7.3yrs

Tenure

US$11,900,269

Compensation

Mr. Kai-Shing Tao serves as Director of Sharecare Inc. Mr. 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 ...


CEO Compensation Analysis

Compensation vs Market: Kai-Shing's total compensation ($USD11.90M) is above average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Kai-Shing's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Kai-Shing Tao
Chairman & CEO7.3yrsUS$11.90m0.48% $138.5k
Theodore Botts
Independent Director12.3yrsUS$73.50k0.084% $24.4k
Ling Xu
Director0.8yrsno datano data
Brett Ratner
Independent Director2.9yrsno datano data
Daniel Stein
Independent Director2.9yrsno datano data

2.9yrs

Average Tenure

50yo

Average Age

Experienced Board: MARK's board of directors are not considered experienced ( 2.9 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 been diluted in the past year, with total shares outstanding growing by 30.5%.


Top Shareholders

Company Information

Remark Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Remark Holdings, Inc.
  • Ticker: MARK
  • Exchange: NasdaqCM
  • Founded: 2006
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$28.947m
  • Shares outstanding: 49.06m
  • Website: https://www.remarkholdings.com

Number of Employees


Location

  • Remark Holdings, Inc.
  • 3960 Howard Hughes Parkway
  • Suite 900
  • Las Vegas
  • Nevada
  • 89169
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3SWNDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2007
MARKNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 2007

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:02
End of Day Share Price2020/02/14 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.