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RSTN

RDEOTCPK:RSTN Stock Report

Market Cap

US$25.5m

7D

-7.0%

1Y

239.0%

Updated

25 Sep, 2021

Data

Company Financials
RSTN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

RSTN Overview

Sunrise Bidders, Inc. operates an online auction and fixed price marketplace for selling new, excess, closeout, and recertified products.

RDE Competitors

eBay

NasdaqGS:EBAY

US$47.4b

Wayfair

NYSE:W

US$28.5b

Etsy

NasdaqGS:ETSY

US$28.2b

Overstock.com

NasdaqGM:OSTK

US$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for RDE
Historical stock prices
Current Share PriceUS$2.00
52 Week HighUS$0.45
52 Week LowUS$4.50
Beta-0.36
1 Month Change-17.36%
3 Month Change-25.93%
1 Year Change238.98%
3 Year Changen/a
5 Year Changen/a
Change since IPO-80.54%

Recent News & Updates

Shareholder Returns

RSTNUS Online RetailUS Market
7D-7.0%-2.9%0.1%
1Y239.0%-4.1%35.3%

Return vs Industry: RSTN exceeded the US Online Retail industry which returned -4.1% over the past year.

Return vs Market: RSTN exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is RSTN's price volatile compared to industry and market?
RSTN volatility
RSTN Beta-0.36
Industry Beta1.1
Market Beta1

Stable Share Price: RSTN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RSTN's weekly volatility has decreased from 37% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199731Ketan Thakkerhttps://www.ubid.com

Sunrise Bidders, Inc. operates an online auction and fixed price marketplace for selling new, excess, closeout, and recertified products. It offers computer products, including components, desktop computers, drives, laptop computers, monitors, netbooks, networking, PDAs, printers and scanners, servers, and software; and collectibles, such as coins, sports memorabilia, and other collectibles. The company also provides electronics, which include camcorders, car electronics, cell phones, digital cameras, digital picture frames, DVD players and DVRs, GPS systems, headphones, home audio, home security, iPod and MP3 players, portable electronics, speakers, telephones, video accessories, and video games; and fine art products.

RDE Fundamentals Summary

How do RDE's earnings and revenue compare to its market cap?
RSTN fundamental statistics
Market CapUS$25.48m
Earnings (TTM)-US$6.67m
Revenue (TTM)US$2.65m

9.6x

P/S Ratio

-3.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RSTN income statement (TTM)
RevenueUS$2.65m
Cost of RevenueUS$437.00k
Gross ProfitUS$2.21m
ExpensesUS$8.88m
Earnings-US$6.67m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin83.48%
Net Profit Margin-252.17%
Debt/Equity Ratio-121.5%

How did RSTN perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether RDE is trading at an attractive price based on the cash flow it is expected to produce in the future. But as RDE 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.


Future Growth

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

29.9%

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 RDE 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.


Past Performance

How has RDE performed over the past 5 years?

-123.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: RSTN is currently unprofitable.

Growing Profit Margin: RSTN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if RSTN's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: RSTN is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (57.3%).


Return on Equity

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


Financial Health

How is RDE's financial position?


Financial Position Analysis

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

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

Reducing Debt: RSTN'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: RSTN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RSTN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.5% each year


Dividend

What is RDE current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.8yrs

Average management tenure


CEO

Ketan Thakker (52 yo)

7.08yrs

Tenure

US$69,750

Compensation

Mr. Ketan Thakker has been Chairman, President and Chief Executive Officer at RDE, Inc. (formerly known as uBid Holdings, Inc.) (aka Incumaker, Inc) since August 2014. Mr. Thakker joined RDE, Inc. (formerl...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Ketan's total compensation is reasonable compared to companies of similar size in the US market.

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


Leadership Team

Experienced Management: RSTN's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: RSTN's board of directors are not considered experienced ( 2.6 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 been diluted in the past year, with total shares outstanding growing by 43.8%.


Top Shareholders

Company Information

RDE, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: RDE, Inc.
  • Ticker: RSTN
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$25.484m
  • Shares outstanding: 12.74m
  • Website: https://www.ubid.com

Number of Employees


Location

  • RDE, Inc.
  • 566 West Adams Street
  • Chicago
  • Illinois
  • 60661
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:17
End of Day Share Price2021/09/24 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.