OTCPK:SIMP

Stock Analysis Report

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Executive Summary

Simply, Inc. markets and distributes various mobility, computing, audio/video, and other technology products. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SIMP is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: SIMP's weekly volatility has decreased from 30% to 20% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

6.3%

SIMP

2.0%

US Specialty Retail

-1.0%

US Market


1 Year Return

449.5%

SIMP

33.6%

US Specialty Retail

19.6%

US Market

Return vs Industry: SIMP exceeded the US Specialty Retail industry which returned 33.6% over the past year.

Return vs Market: SIMP exceeded the US Market which returned 19.6% over the past year.


Shareholder returns

SIMPIndustryMarket
7 Day6.3%2.0%-1.0%
30 Day70.9%7.0%2.3%
90 Day134.5%14.8%13.1%
1 Year449.5%449.5%34.9%33.6%22.3%19.6%
3 Yearn/a73.9%66.6%45.3%35.7%
5 Yearn/a115.6%99.5%124.8%99.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

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.


Next Steps

  • Take a look at our analysis of SIMP'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.
  • 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 Simply regulatory filings here.
  • Explore potentially undervalued companies in the Retail industry.

Future Growth

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

28.0%

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.


Next Steps

  • Take a look at our analysis of SIMP’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Simply's filings and announcementshere.
  • Explore growth companies in the Retail industry.

Past Performance

How has Simply performed over the past 5 years?

-49.8%

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

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 (15.3%).


Return on Equity

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


Next Steps

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: Insufficient data to determine if SIMP has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SIMP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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?

1.6yrs

Average board tenure


CEO

Rein Voigt (60 yo)

1.58yrs

Tenure

US$282,414

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 ($USD282.41K) is below average for companies of similar size in the US market ($USD535.60K).

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


Board Members

NamePositionTenureCompensationOwnership
Reinier Voigt
President1.58yrsUS$282.41k1.19%
$ 444.9k
Kevin Taylor
Independent Chairman of the Board1.58yrsUS$34.45k1.11%
$ 416.4k
Michael Galloro
Independent Director2.58yrsUS$163.48k1.21%
$ 451.8k

1.6yrs

Average Tenure

51yo

Average Age

Experienced Board: SIMP's board of directors are not considered experienced ( 1.6 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: SIMP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 226.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Simply, Inc.
  • Ticker: SIMP
  • Exchange: OTCPK
  • Founded:
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: US$37.431m
  • Shares outstanding: 11.01m
  • Website: https://www.simplyinc.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIMPOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2018
IUO2DB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2018

Biography

Simply, Inc. markets and distributes various mobility, computing, audio/video, and other technology products. The company operates in two segments, Simply Mac Retail Stores and Cooltech Distribution Busine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 00:05
End of Day Share Price2021/01/15 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.