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SIMP

SimplyOTCPK:SIMP Stock Report

Market Cap

US$46.9m

7D

-3.5%

1Y

250.0%

Updated

26 Sep, 2021

Data

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

SIMP Overview

Simply, Inc. operates retail consumer electronics stores that sells the entire line of Apple products and provide service by Apple-certified technicians in the United States.

Simply Competitors

Best Buy

NYSE:BBY

US$25.8b

Apple

NasdaqGS:AAPL

US$2.4t

Amazon.com

NasdaqGS:AMZN

US$1.7t

Walmart

NYSE:WMT

US$399.2b

Price History & Performance

Summary of all time highs, changes and price drops for Simply
Historical stock prices
Current Share PriceUS$3.85
52 Week HighUS$0.51
52 Week LowUS$5.25
Beta2.59
1 Month Change-4.82%
3 Month Change42.59%
1 Year Change250.00%
3 Year Change-96.58%
5 Year Changen/a
Change since IPO-94.78%

Recent News & Updates

Shareholder Returns

SIMPUS Specialty RetailUS Market
7D-3.5%0.5%0.1%
1Y250.0%56.6%35.3%

Return vs Industry: SIMP exceeded the US Specialty Retail industry which returned 56.6% over the past year.

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

Price Volatility

Is SIMP's price volatile compared to industry and market?
SIMP volatility
SIMP Beta2.59
Industry Beta1.56
Market Beta1

Stable Share Price: SIMP is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: SIMP's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1994293Rein Voigthttps://www.simplyinc.com

Simply, Inc. operates retail consumer electronics stores that sells the entire line of Apple products and provide service by Apple-certified technicians in the United States. As of September 22, 2021, the company had 51 retail stores operating in 18 states. The company was formerly known as Cool Holdings, Inc. and changed its name to Simply, Inc. in October 2020.

Simply Fundamentals Summary

How do Simply's earnings and revenue compare to its market cap?
SIMP fundamental statistics
Market CapUS$46.85m
Earnings (TTM)-US$7.95m
Revenue (TTM)US$73.75m

0.6x

P/S Ratio

-5.9x

P/E Ratio

Is SIMP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIMP income statement (TTM)
RevenueUS$73.75m
Cost of RevenueUS$55.15m
Gross ProfitUS$18.61m
ExpensesUS$26.56m
Earnings-US$7.95m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin25.23%
Net Profit Margin-10.79%
Debt/Equity Ratio-120.7%

How did SIMP perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Simply is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Simply 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 Simply forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 Simply 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 Simply performed over the past 5 years?

-14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIMP is currently unprofitable.

Growing Profit Margin: SIMP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIMP is unprofitable, and losses have increased over the past 5 years at a rate of 14.5% per year.

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

Earnings vs Industry: SIMP is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).


Return on Equity

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


Financial Health

How is Simply's financial position?


Financial Position Analysis

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

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

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

Forecast Cash Runway: SIMP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.3% each year


Dividend

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


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

Rein Voigt (61 yo)

2.25yrs

Tenure

US$654,369

Compensation

Mr. Reinier Voigt also known as Rein, has been President and Director at Simply Inc. since June 05, 2019, its Chief Executive Officer since June 04, 2019 and served as Chief Operating Officer at Simply Inc...


CEO Compensation Analysis

Compensation vs Market: Rein's total compensation ($USD654.37K) is about average for companies of similar size in the US market ($USD548.10K).

Compensation vs Earnings: Rein's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SIMP's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SIMP's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: Simply, Inc.
  • Ticker: SIMP
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: US$46.850m
  • Shares outstanding: 12.17m
  • Website: https://www.simplyinc.com

Number of Employees


Location

  • Simply, Inc.
  • 2001 NW 84th Avenue
  • Miami
  • Florida
  • 33122
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:18
End of Day Share Price2021/09/24 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


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.