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.
Flawless balance sheet and overvalued.
Share Price & News
How has BSQUARE's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSQR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BSQR underperformed the US Software industry which returned 36.5% over the past year.
Return vs Market: BSQR underperformed the US Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is BSQUARE's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDoes Market Volatility Impact BSQUARE Corporation's (NASDAQ:BSQR) Share Price?
1 month ago | Simply Wall StWe're Keeping An Eye On BSQUARE's (NASDAQ:BSQR) Cash Burn Rate
2 months ago | Simply Wall StWhat Type Of Shareholder Owns BSQUARE Corporation's (NASDAQ:BSQR)?
Is BSQUARE undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BSQR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BSQR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BSQR is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: BSQR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BSQR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BSQR is good value based on its PB Ratio (2x) compared to the US Software industry average (6x).
How is BSQUARE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 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 SimplyWall St do have past financial data.
- 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.
- Explore growth companies in the Software industry.
How has BSQUARE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSQR is currently unprofitable.
Growing Profit Margin: BSQR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSQR is unprofitable, and losses have increased over the past 5 years at a rate of -58.2% per year.
Accelerating Growth: Unable to compare BSQR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSQR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (9.6%).
Return on Equity
High ROE: BSQR has a negative Return on Equity (-72.43%), as it is currently unprofitable.
How is BSQUARE's financial position?
Financial Position Analysis
Short Term Liabilities: BSQR's short term assets ($22.0M) exceed its short term liabilities ($12.9M).
Long Term Liabilities: BSQR's short term assets ($22.0M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: BSQR is debt free.
Reducing Debt: BSQR has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BSQR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BSQR has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 49.2% each year.
What is BSQUARE's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSQR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSQR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BSQR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSQR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BSQR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ralph Derrickson (60yo)
Mr. Ralph C. Derrickson serves as President, Chief Executive Officer and Director at BSQUARE Corporation since March 11, 2019. He has been a Member of the Board of Perficient, Inc. since July 2004. Mr. Der ...
CEO Compensation Analysis
Compensation vs Market: Ralph's total compensation ($USD1.46M) is above average for companies of similar size in the US market ($USD594.10K).
Compensation vs Earnings: Insufficient data to compare Ralph's compensation with company performance.
|CFO, Secretary & Treasurer||0.75yr||US$384.98k||0.064% $13.8k|
|Vice President of Marketing||1.42yrs||no data||no data|
|Senior Director of Finance & Controller||2yrs||no data||no data|
Experienced Management: BSQR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||4.83yrs||US$90.00k||0.52% $112.7k|
|Independent Chairman of the Board||6.92yrs||US$130.00k||1.98% $428.9k|
|Independent Director||3.83yrs||US$96.61k||0.46% $100.4k|
|Independent Director||2yrs||US$85.00k||0.33% $70.5k|
|Independent Director||1.58yrs||US$91.89k||0.47% $100.9k|
|Independent Director||1.83yrs||US$85.00k||0.35% $75.0k|
Experienced Board: BSQR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BSQR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
BSQUARE Corporation's company bio, employee growth, exchange listings and data sources
- Name: BSQUARE Corporation
- Ticker: BSQR
- Exchange: NasdaqCM
- Founded: 1994
- Industry: Application Software
- Sector: Software
- Market Cap: US$21.613m
- Shares outstanding: 13.10m
- Website: https://www.bsquare.com
Number of Employees
- BSQUARE Corporation
- 110 110th Avenue NE
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BSQR||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 1999|
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. It operates through two segments, Partner Solutions and Edge to Cloud. The company offers B2IQ Imaging and Recovery Tool, a turnkey utility for managing the operating system image of a Windows-based device; and B2IQ Field Upgrade Tool, a streamlined utility for remote and cloud-based upgrades of Windows original equipment manufacturers (OEM) appliances and devices. It also provides B2IQ Edge and Cloud Suite, a collection of software components that securely connects edge devices and non-connected assets to the cloud; B2IQ Cloud Base that offers automatic registration of B2IQ Edge devices with the cloud; B2IQ Edge, a compact and edge client that supports bi-directional communication between devices, sensors, and cloud components; B2IQ Gateway, which supports bi-directional communication between constrained devices and the cloud; and B2IQ Edge Modules that includes B2IQ Modbus connector for industrial assets, the B2IQ Canbus connector for automotive assets, and the B2IQ SAE 1939 Canbus connector for diesel assets. In addition, the company offers various professional services, such as operating system (OS) upgrade and porting, embedded OS support, field upgrade consulting, OS lockdown, and Microsoft Azure Sphere engineering services, as well as Windows 10 Internet of Things (IoT) enterprise training services. Further, it develops, deploys, and operates IoT systems for various businesses. The company serves OEMs, original design manufacturers, corporate enterprises, silicon vendors, and peripheral vendors. BSQUARE Corporation was founded in 1994 and is headquartered in Bellevue, Washington.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 02:31|
|End of Day Share Price||2020/06/01 00:00|
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.