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BSQUARE

Nasdaq:BSQR
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BSQR
Nasdaq
$27M
Market Cap
  1. Home
  2. US
  3. Software
Company description

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. The last earnings update was 15 days ago. More info.


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  • BSQUARE has significant price volatility in the past 3 months.
BSQR Share Price and Events
7 Day Returns
9.4%
NasdaqGM:BSQR
2.5%
US Software
1.6%
US Market
1 Year Returns
-48.1%
NasdaqGM:BSQR
24.3%
US Software
3.2%
US Market
BSQR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BSQUARE (BSQR) 9.4% -4.9% 4.7% -48.1% -63.4% -34%
US Software 2.5% 5.1% 18.3% 24.3% 108.3% 136.1%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • BSQR underperformed the Software industry which returned 24.3% over the past year.
  • BSQR underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
BSQR
Industry
5yr Volatility vs Market

BSQR Value

 Is BSQUARE undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for BSQUARE. This is due to cash flow or dividend data being unavailable. The share price is $2.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BSQUARE's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BSQUARE's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:BSQR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.08
NasdaqGM:BSQR Share Price ** NasdaqGM (2019-03-19) in USD $2.1
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.56x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BSQUARE.

NasdaqGM:BSQR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:BSQR Share Price ÷ EPS (both in USD)

= 2.1 ÷ -1.08

-1.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BSQUARE is loss making, we can't compare its value to the US Software industry average.
  • BSQUARE is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does BSQUARE's expected growth come at a high price?
Raw Data
NasdaqGM:BSQR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.58x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for BSQUARE, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BSQUARE's assets?
Raw Data
NasdaqGM:BSQR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.44
NasdaqGM:BSQR Share Price * NasdaqGM (2019-03-19) in USD $2.1
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.72x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NasdaqGM:BSQR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:BSQR Share Price ÷ Book Value per Share (both in USD)

= 2.1 ÷ 1.44

1.46x

* Primary Listing of BSQUARE.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BSQUARE is good value based on assets compared to the US Software industry average.
X
Value checks
We assess BSQUARE's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. BSQUARE has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BSQR Future Performance

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

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 BSQUARE 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BSQUARE expected to grow at an attractive rate?
  • Unable to compare BSQUARE's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare BSQUARE's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare BSQUARE's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:BSQR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:BSQR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:BSQR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 73 -7 -14
2018-09-30 76 -9 -12
2018-06-30 79 -9 -13
2018-03-31 79 -9 -12
2017-12-31 81 -8 -9
2017-09-30 88 -5 -6
2017-06-30 91 0 -4
2017-03-31 95 2 -1
2016-12-31 97 3 -1
2016-09-30 96 1 1
2016-06-30 100 -3 3
2016-03-31 106 1 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if BSQUARE is high growth as no earnings estimate data is available.
  • Unable to determine if BSQUARE is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:BSQR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from BSQUARE Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:BSQR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.08
2018-09-30 -0.98
2018-06-30 -1.01
2018-03-31 -0.93
2017-12-31 -0.72
2017-09-30 -0.48
2017-06-30 -0.30
2017-03-31 -0.11
2016-12-31 -0.09
2016-09-30 0.11
2016-06-30 0.22
2016-03-31 0.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if BSQUARE will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine BSQUARE's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. BSQUARE's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. BSQUARE's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess BSQUARE's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BSQUARE has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BSQR Past Performance

  How has BSQUARE performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BSQUARE's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BSQUARE does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare BSQUARE's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare BSQUARE's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
BSQUARE's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BSQUARE Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:BSQR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 73.41 -13.74 17.07 8.63
2018-09-30 76.04 -12.44 19.28 8.78
2018-06-30 79.00 -12.82 21.42 8.08
2018-03-31 78.65 -11.69 21.57 7.44
2017-12-31 80.81 -9.06 20.98 6.56
2017-09-30 88.14 -6.09 19.68 5.22
2017-06-30 90.95 -3.73 17.60 4.44
2017-03-31 94.84 -1.35 15.76 3.77
2016-12-31 97.44 -1.05 14.10 2.86
2016-09-30 95.67 1.35 12.96 2.36
2016-06-30 99.64 2.70 12.86 1.87
2016-03-31 105.78 4.77 12.60 1.51
2015-12-31 106.60 6.09 12.40 1.64
2015-09-30 107.17 6.35 12.13 1.77
2015-06-30 105.27 5.80 11.84 1.81
2015-03-31 99.45 4.56 12.07 1.81
2014-12-31 95.92 2.35 12.36 1.68
2014-09-30 96.15 0.93 13.07 1.64
2014-06-30 95.19 -3.33 14.15 2.08
2014-03-31 93.97 -4.79 14.82 2.39
2013-12-31 92.11 -5.26 15.15 2.63
2013-09-30 92.14 -4.54 15.16 2.90
2013-06-30 94.05 -0.36 14.06 2.95
2013-03-31 96.72 0.24 13.77 3.32
2012-12-31 101.39 0.92 14.28 3.60
2012-09-30 98.92 -0.28 14.66 3.89
2012-06-30 97.47 -1.06 16.13 3.98
2012-03-31 96.38 -0.84 16.68 3.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if BSQUARE has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if BSQUARE has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if BSQUARE improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess BSQUARE's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BSQUARE has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BSQR Health

 How is BSQUARE's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BSQUARE's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BSQUARE is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BSQUARE's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BSQUARE's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • BSQUARE has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BSQUARE Company Filings, last reported 2 months ago.

NasdaqGM:BSQR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18.34 0.00 16.41
2018-09-30 23.86 0.00 17.27
2018-06-30 25.64 0.00 17.86
2018-03-31 29.34 0.00 21.44
2017-12-31 31.43 0.00 24.75
2017-09-30 35.24 0.00 26.76
2017-06-30 37.10 0.00 27.30
2017-03-31 39.21 0.00 30.98
2016-12-31 38.11 0.00 33.20
2016-09-30 38.79 0.00 31.58
2016-06-30 38.17 0.00 26.90
2016-03-31 37.87 0.00 27.63
2015-12-31 36.91 0.00 29.72
2015-09-30 35.08 0.00 29.31
2015-06-30 33.19 0.00 29.43
2015-03-31 30.66 0.00 26.59
2014-12-31 28.58 0.00 26.39
2014-09-30 26.94 0.00 25.22
2014-06-30 26.09 0.00 24.13
2014-03-31 24.88 0.00 22.98
2013-12-31 24.67 0.00 20.81
2013-09-30 24.46 0.00 21.29
2013-06-30 27.71 0.00 20.10
2013-03-31 28.30 0.00 19.42
2012-12-31 29.01 0.00 19.73
2012-09-30 27.97 0.00 18.68
2012-06-30 27.53 0.00 19.92
2012-03-31 27.37 0.00 16.83
  • BSQUARE has no debt.
  • BSQUARE has not taken on any debt in the past 5 years.
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.

  • BSQUARE has sufficient cash runway for 2.1 years based on current free cash flow.
  • BSQUARE has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 90.4% each year.
X
Financial health checks
We assess BSQUARE's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BSQUARE has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BSQR Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from BSQUARE dividends.
If you bought $2,000 of BSQUARE shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate BSQUARE's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate BSQUARE's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:BSQR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as BSQUARE has not reported any payouts.
  • Unable to verify if BSQUARE's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of BSQUARE's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as BSQUARE has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess BSQUARE's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BSQUARE afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BSQUARE has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BSQR Management

 What is the CEO of BSQUARE's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ralph Derrickson
AGE 59
TENURE AS CEO 0 years
CEO Bio

Mr. Ralph C. Derrickson serves as President, Chief Executive Officer and Director at BSQUARE Corporation since March 11, 2019. He has been a Member of the Board of Perficient, Inc. since July 2004. Mr. Derrickson has more than 28 years of technology management experience in a wide range of settings including start-up, interim management, and restructuring situations. Mr. Derrickson is President, CEO and a Director of Carena, Inc. Prior to joining that, Mr. Derrickson was Managing Director of venture investments at Vulcan Inc., an investment management firm headquartered in Seattle, Washington, from October 2001 to July 2004. Mr. Derrickson is a founding Partner of Watershed Capital, an early-stage venture capital firm, and is the Managing Member of RCollins Group, LLC, a management advisory firm. From September 2009 to July 2012 he served as a Board Member of Array Health Solutions. He also previously served as a Board Member of Metricom, Inc. (“Metricom”), a publicly traded company, from April 1997 to November 2001, and as Interim CEO of Metricom from February 2001 to August 2001. From June 1993 to June 1997, he served as Vice President of Product Development at Starwave Corporation, one of the pioneers of the Internet. Earlier, Mr. Derrickson held senior management positions at Metricom, Starware Corporation, and NeXT Computer, Inc. He has served on the Boards of numerous start-up technology companies. Mr. Derrickson is a Lecturer at the Michael G. Foster School of Business at the University of Washington, and serves on the Executive Advisory Board of the Burek Center for Entrepreneurship and Innovation at the University of Washington. Mr. Derrickson also serves on the Board of Trustees of Hyla Middle School on Bainbridge Island, Washington. He is a member of the board of Life Science Washington (formerly the Washington Biotechnology & Biomedical Association (WBBA)) in Seattle, Washington. Mr. Derrickson holds a bachelor’s degree in systems software from the Rochester Institute of Technology.

CEO Compensation
  • Insufficient data for Ralph to compare compensation growth.
  • Insufficient data for Ralph to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the BSQUARE management team in years:

1.2
Average Tenure
57.5
Average Age
  • The average tenure for the BSQUARE management team is less than 2 years, this suggests a new team.
Management Team

Andrew S. Harries

TITLE
Executive Chairman of the Board
COMPENSATION
$130K
AGE
56

Peter Biere

TITLE
CFO, Secretary & Treasurer
COMPENSATION
$378K
AGE
61
TENURE
2.3 yrs

Scott Caldwell

TITLE
Vice President of Sales & Alliances
COMPENSATION
$373K
AGE
50
TENURE
0.3 yrs

Ralph Derrickson

TITLE
President
AGE
59

Giles Frith

TITLE
Chief Operating Officer
AGE
42
TENURE
1.2 yrs

Kevin Walsh

TITLE
Vice President of Marketing
AGE
60

Keri Smith

TITLE
Vice President of Global Human Resources
TENURE
3 yrs

Gary Shane

TITLE
Senior Director of Finance & Controller
TENURE
0.8 yrs

Dave McCarthy

TITLE
Vice President of IoT Solutions
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the BSQUARE board of directors in years:

2.6
Average Tenure
56
Average Age
  • The average tenure for the BSQUARE board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ralph Derrickson

TITLE
President
AGE
59

William Savoy

TITLE
Independent Director
COMPENSATION
$98K
AGE
53
TENURE
14.8 yrs

Andrew S. Harries

TITLE
Executive Chairman of the Board
COMPENSATION
$130K
AGE
56
TENURE
5.7 yrs

Bob Chamberlain

TITLE
Independent Director
COMPENSATION
$93K
AGE
64
TENURE
3.6 yrs

Mary Jesse

TITLE
Independent Director
COMPENSATION
$84K
AGE
53
TENURE
2.6 yrs

Ryan Vardeman

TITLE
Director
TENURE
0.8 yrs

Rob Peters

TITLE
Director
TENURE
0.6 yrs

Davin Cushman

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Dec 18 Buy Davin Cushman Individual 04. Dec 18 04. Dec 18 20,606 $2.14 $44,198
21. Aug 18 Buy Palogic Value Management, LP Company 17. Aug 18 17. Aug 18 98,000 $1.95 $191,100
20. Aug 18 Buy Andrew S. Harries Individual 16. Aug 18 16. Aug 18 12,000 $2.00 $22,634
18. Aug 18 Buy Kevin Walsh Individual 16. Aug 18 16. Aug 18 4,000 $2.00 $7,833
27. Jun 18 Buy Palogic Value Management, LP Company 01. Jun 18 07. Jun 18 62,507 $3.27 $195,341
22. May 18 Buy Peter Biere Individual 22. May 18 22. May 18 1,000 $3.34 $3,340
21. May 18 Buy Kevin Walsh Individual 18. May 18 18. May 18 2,500 $3.19 $7,982
18. May 18 Sell Palogic Value Management, LP Company 19. Mar 18 17. Apr 18 -11,740 $4.50 $-52,830
18. May 18 Buy Palogic Value Management, LP Company 19. Mar 18 16. May 18 213,021 $4.52 $962,642
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Management checks
We assess BSQUARE's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BSQUARE has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BSQR News

Simply Wall St News

Is BSQUARE Corporation (NASDAQ:BSQR) A Volatile Stock?

If you're interested in BSQUARE Corporation (NASDAQ:BSQR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Can We See Significant Insider Ownership On The BSQUARE Corporation (NASDAQ:BSQR) Share Register?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … With a market capitalization of US$26m, BSQUARE is a small cap stock, so it might not be well known by many institutional investors.

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What does BSQUARE Corporation's (NASDAQ:BSQR) Balance Sheet Tell Us About Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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Who Owns Most Of BSQUARE Corporation (NASDAQ:BSQR)?

In this article, I will take a quick look at BSQUARE Corporation’s (NASDAQ:BSQR) recent ownership structure – an unconventional investing subject, but an important one. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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What does BSQUARE Corporation's (NASDAQ:BSQR) Balance Sheet Tell Us About Its Future?

The direct benefit for BSQUARE Corporation (NASDAQ:BSQR), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Does BSQR's growth rate justify its decision for financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

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When Will BSQUARE Corporation (NASDAQ:BSQR) Run Out Of Cash?

Check out our latest analysis for BSQUARE What is cash burn? … My cash burn analysis suggests that, if BSQUARE continues to spend its cash reserves at this current rate, it’ll have to raise capital within the next 9 months, which may be a surprise to some shareholders. … The cash burn analysis result indicates a cash constraint for the company, due to its high opex growth and its level of cash reserves.

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One Thing To Consider Before Buying BSQUARE Corporation (NASDAQ:BSQR)

BSQUARE has a beta of 1.8, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A market capitalisation of US$52.03M puts BSQR in the category of small-cap stocks, which tends to possess higher beta than larger companies. … However, this is the opposite to what BSQR’s actual beta value suggests, which is higher stock volatility relative to the market.

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Why BSQUARE Corporation's (NASDAQ:BSQR) Ownership Structure Is Important

Check out our latest analysis for BSQUARE NasdaqGM:BSQR Ownership_summary Mar 19th 18 Institutional Ownership In BSQR's case, institutional ownership stands at 25.16%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … But I also examine other ownership types and their potential impact on BSQR's investment case. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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How Should Investors Feel About BSQUARE Corporation's (NASDAQ:BSQR) CEO Pay?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … I believe earnings is a cleaner proxy, since many factors can impact share price, and therefore, TSR. … Typically I would look at market cap and earnings as a proxy for performance, however, BSQR's negative earnings lower the usefulness of my formula.

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Is BSQUARE Corporation's (BSQR) CEO Paid Enough Relative To Peers?

Profitability of a company is a strong indication of BSQR's ability to generate returns on shareholders' funds through corporate activities. … Usually I would use earnings and market cap to account for variations in performance, however, BSQR's negative earnings lower the effectiveness of this method. … To research more about these fundamentals, I recommend you check out our simple infographic report on BSQR's financial metrics.

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BSQR Company Info

Description

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. Its software products include HTML5 rendering engine that is based on the open-source WebKit platform and facilitates device makers to create applications and user interfaces for their devices; and TestQuest 10, a software testing automation tool. The company also offers DataV software services, such as integration with enterprise databases; integration with internal enterprise systems; integration with external public or third-party data sources; custom application development; software integration on remote devices; training; and management of customer cloud deployments hosting DataV software. In addition, it provides engineering services, such as architectural and system design; software design and development; platform development systems integration; application, middleware, and multimedia software development; quality assurance and testing; device solution strategy consulting; technical support; implementation; and test automation engineering and consulting services. The company markets and sells its products to original equipment manufacturers, original design manufacturers, and corporate enterprises, as well as silicon and peripheral vendors. BSQUARE Corporation was founded in 1994 and is headquartered in Bellevue, Washington.

Details
Name: BSQUARE Corporation
BSQR
Exchange: NasdaqGM
Founded: 1994
$26,835,528
12,778,823
Website: http://www.bsquare.com
Address: BSQUARE Corporation
110 110th Avenue, NE,
Suite 300,
Bellevue,
Washington, 98004,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM BSQR Common Stock Nasdaq Global Market US USD 20. Oct 1999
Number of employees
Current staff
Staff numbers
139
BSQUARE employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:33
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/03/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.