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MARK

Remark Holdings NasdaqCM:MARK Stock Report

Last Price

US$0.29

Market Cap

US$30.5m

7D

-4.3%

1Y

-67.8%

Updated

04 Oct, 2022

Data

Company Financials
MARK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MARK Stock Overview

Remark Holdings, Inc. primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers.

Remark Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Remark Holdings
Historical stock prices
Current Share PriceUS$0.29
52 Week HighUS$6.70
52 Week LowUS$0.26
Beta3.09
1 Month Change-26.36%
3 Month Change-33.48%
1 Year Change-67.83%
3 Year Change-68.71%
5 Year Change-90.74%
Change since IPO-99.69%

Recent News & Updates

Aug 15

Remark Holdings GAAP EPS of $0.12, revenue of $2.56M

Remark Holdings press release (NASDAQ:MARK): Q2 GAAP EPS of $0.12. Revenue of $2.56M (-36.3% Y/Y). On June 30, 2022, the cash balance totaled $1.1 million, compared to a cash balance of $14.2 million on December 31, 2021. Net cash used in operating activities was $11.1 million during the six months ended June 30, 2022. Shares -4.26% AH.

Jul 22
Is Remark Holdings (NASDAQ:MARK) A Risky Investment?

Is Remark Holdings (NASDAQ:MARK) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

MARKUS Online RetailUS Market
7D-4.3%6.4%4.4%
1Y-67.8%-31.5%-18.2%

Return vs Industry: MARK underperformed the US Online Retail industry which returned -33.8% over the past year.

Return vs Market: MARK underperformed the US Market which returned -20% over the past year.

Price Volatility

Is MARK's price volatile compared to industry and market?
MARK volatility
MARK Average Weekly Movement9.2%
Online Retail Industry Average Movement10.6%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: MARK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MARK's weekly volatility has decreased from 24% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200674Kai-Shing Taohttps://www.remarkholdings.com

Remark Holdings, Inc. primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers. It operates a data and AI software platform under the Remark AI name in the United States and the KanKan AI name in the Asia Pacific region that offers AI-based computer vision products, computing devices, and software-as-a-service solutions for the retail, urban life cycle, workplace and food safety, railway safety, and biosafety industries. The company also provides Thermal kits, which includes a thermal imaging camera, calibrating device, computer to monitor the video feed, supporting equipment, and AI software to scan crowds and areas of high foot traffic for indications that certain persons with elevated temperatures may require secondary screening; and rPad thermal imaging devices, a single-post stand to scan individuals on a one-by-one basis for authorized entry.

Remark Holdings Fundamentals Summary

How do Remark Holdings's earnings and revenue compare to its market cap?
MARK fundamental statistics
Market CapUS$30.46m
Earnings (TTM)-US$3.46m
Revenue (TTM)US$14.79m

2.1x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MARK income statement (TTM)
RevenueUS$14.79m
Cost of RevenueUS$12.57m
Gross ProfitUS$2.23m
Other ExpensesUS$5.69m
Earnings-US$3.46m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.033
Gross Margin15.04%
Net Profit Margin-23.42%
Debt/Equity Ratio-395.4%

How did MARK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MARK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MARK?

Other financial metrics that can be useful for relative valuation.

MARK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.8x
Enterprise Value/EBITDA-2.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MARK's PS Ratio compare to its peers?

MARK PS Ratio vs Peers
The above table shows the PS ratio for MARK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average5.8x
IPW iPower
0.3x16.3%US$21.4m
STCB Starco Brands
13.5xn/aUS$33.1m
WNW Meiwu Technology
2.9xn/aUS$35.0m
6.6xn/aUS$28.5m
MARK Remark Holdings
2.1xn/aUS$30.5m

Price-To-Sales vs Peers: MARK is good value based on its Price-To-Sales Ratio (2.1x) compared to the peer average (5.8x).


Price to Earnings Ratio vs Industry

How does MARK's PE Ratio compare vs other companies in the US Online Retail Industry?

Price-To-Sales vs Industry: MARK is expensive based on its Price-To-Sales Ratio (2.1x) compared to the US Online Retail industry average (0.7x)


Price to Sales Ratio vs Fair Ratio

What is MARK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MARK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MARK's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MARK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MARK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MARK's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

  • 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.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


46.2%

Forecasted Retail 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 Remark Holdings 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.


Discover growth companies

  • 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.

Past Performance

How has Remark Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


54.0%

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, but has reduced losses over the past 5 years at a rate of 54% 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 (-34.2%).


Return on Equity

High ROE: MARK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Remark Holdings's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

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


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 10.7% each year


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Remark Holdings Dividend Yield vs Market
How does Remark Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Remark Holdings)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Online Retail)1.1%
Analyst forecast in 3 Years (Remark Holdings)n/a

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MARK has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.6yrs

Average board tenure


CEO

Kai-Shing Tao (45 yo)

15yrs

Tenure

US$350,000

Compensation

Mr. Kai-Shing Tao has been Chief Executive Officer of Remark Holdings, Inc. since December 2012, its Director since 2007 and its Chairman of the Board since October 2012. Mr. Tao served as Director of Shar...


CEO Compensation Analysis

Kai-Shing Tao's Compensation vs Remark Holdings Earnings
How has Kai-Shing Tao's remuneration changed compared to Remark Holdings's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$350kUS$350k

US$27m

Sep 30 2021n/an/a

US$60m

Jun 30 2021n/an/a

-US$8m

Mar 31 2021n/an/a

-US$17m

Dec 31 2020US$350kUS$350k

-US$14m

Sep 30 2020n/an/a

-US$17m

Jun 30 2020n/an/a

-US$26m

Mar 31 2020n/an/a

-US$18m

Dec 31 2019US$350kUS$350k

-US$23m

Sep 30 2019n/an/a

-US$23m

Jun 30 2019n/an/a

-US$21m

Mar 31 2019n/an/a

-US$15m

Dec 31 2018US$12mUS$343k

-US$19m

Sep 30 2018n/an/a

-US$98m

Jun 30 2018n/an/a

-US$109m

Mar 31 2018n/an/a

-US$118m

Dec 31 2017US$1mUS$350k

-US$107m

Sep 30 2017n/an/a

-US$26m

Jun 30 2017n/an/a

-US$28m

Mar 31 2017n/an/a

-US$29m

Dec 31 2016US$4mUS$350k

-US$32m

Sep 30 2016n/an/a

-US$37m

Jun 30 2016n/an/a

-US$33m

Mar 31 2016n/an/a

-US$31m

Dec 31 2015US$2mUS$225k

-US$31m

Compensation vs Market: Kai-Shing's total compensation ($USD350.00K) is below average for companies of similar size in the US market ($USD772.75K).

Compensation vs Earnings: Kai-Shing's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: MARK's board of directors are considered experienced (5.6 years average tenure).


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

What is the ownership structure of MARK?
Owner TypeNumber of SharesOwnership Percentage
Institutions9,842,2529.2%
Individual Insiders11,649,10410.9%
General Public84,916,41479.8%

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


Top Shareholders

Top 25 shareholders own 20.17% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
5.74%
Lawrence Rosen
6,104,893$1.7m0%no data
5.17%
Kai-Shing Tao
5,502,884$1.6m0%no data
2.88%
The Vanguard Group, Inc.
3,064,005$877.2k13.03%no data
2.21%
Cutter & Company, Inc., Asset Management Arm
2,355,482$674.4k3.66%0.23%
1.32%
BlackRock, Inc.
1,402,367$401.5k-14.5%no data
0.9%
Geode Capital Management, LLC
956,977$274.0k9.15%no data
0.32%
State Street Global Advisors, Inc.
344,880$98.7k0%no data
0.26%
Pacific Star Capital Management LP
275,000$78.7k0%no data
0.25%
Cannell & Co.
263,356$75.4k0%no data
0.22%
BNY Mellon Asset Management
235,777$67.5k-7.95%no data
0.19%
Susquehanna International Group, LLP, Asset Management Arm
202,714$58.0k-46.02%no data
0.15%
Northern Trust Global Investments
160,636$46.0k0%no data
0.14%
Group One Trading LP, Asset Management Arm
153,864$44.1k-31.71%no data
0.08%
Morgan Stanley, Investment Banking and Brokerage Investments
85,607$24.5k1.42%no data
0.061%
SMH Asset Management
65,000$18.6k0%no data
0.05%
Brown Advisory Incorporated
53,000$15.2k0%no data
0.04%
Bank of America Corporation, Asset Management Arm
42,308$12.1k0%no data
0.039%
Theodore Botts
41,327$11.8k0%no data
0.036%
Citigroup Inc.,Banking and Securities Investments
38,674$11.1k298.58%no data
0.03%
Old Mission Capital, LLC, Asset Management Arm
31,919$9.1k0%no data
0.019%
Evoke Wealth, LLC
20,000$5.7k0%no data
0.016%
Citadel Advisors LLC
16,801$4.8k-52.06%no data
0.013%
Victory Capital Management Inc.
13,887$4.0k-0.67%no data
0.012%
Lcm Capital Management, Inc.
13,250$3.8k0%no data
0.012%
Jane Street Group, LLC, Asset Management Arm
12,650$3.6k10%no data

Company Information

Remark Holdings, Inc.'s 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
  • Implied Market Cap: US$30.465m
  • Shares outstanding: 106.41m
  • Website: https://www.remarkholdings.com

Number of Employees


Location

  • Remark Holdings, Inc.
  • 800 South Commerce Street
  • Las Vegas
  • Nevada
  • 89106
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3SWNDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2007
MARKNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 2007
0A4RLSE (London Stock Exchange)YesCommon StockGBUSDOct 2007
3SWNBUL (Bulgaria Stock Exchange)YesCommon StockBGEUROct 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.