Innodata Inc. operates as a digital services and solution company worldwide.
Flawless balance sheet and fair value.
Share Price & News
How has Innodata's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INOD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: INOD underperformed the US IT industry which returned -3.6% over the past year.
Return vs Market: INOD underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Innodata's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThose Who Purchased Innodata (NASDAQ:INOD) Shares Five Years Ago Have A 69% Loss To Show For It
2 months ago | Simply Wall StIs Innodata Inc.'s (NASDAQ:INOD) CEO Paid At A Competitive Rate?
3 months ago | Simply Wall StShould You Take Comfort From Insider Transactions At Innodata Inc. (NASDAQ:INOD)?
Is Innodata undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INOD ($0.84) is trading below our estimate of fair value ($5.52)
Significantly Below Fair Value: INOD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INOD is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: INOD 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 INOD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INOD is good value based on its PB Ratio (0.8x) compared to the US IT industry average (2.8x).
How is Innodata 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 Innodata 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 whether Innodata is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Software industry.
How has Innodata performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INOD is currently unprofitable.
Growing Profit Margin: INOD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INOD is unprofitable, but has reduced losses over the past 5 years at a rate of 9.8% per year.
Accelerating Growth: Unable to compare INOD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INOD is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (13.4%).
Return on Equity
High ROE: INOD has a negative Return on Equity (-7.07%), as it is currently unprofitable.
How is Innodata's financial position?
Financial Position Analysis
Short Term Liabilities: INOD's short term assets ($24.0M) exceed its short term liabilities ($15.2M).
Long Term Liabilities: INOD's short term assets ($24.0M) exceed its long term liabilities ($11.6M).
Debt to Equity History and Analysis
Debt Level: INOD is debt free.
Reducing Debt: INOD has not had any debt for past 5 years.
Inventory Level: INOD has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if INOD's debt is covered by short term assets.
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: Whilst unprofitable INOD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INOD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.5% per year.
What is Innodata's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INOD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate INOD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INOD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INOD'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 INOD'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
Jack Abuhoff (58yo)
Mr. Jack S. Abuhoff has been the President and Chief Executive Officer of Innodata Inc. since September 15, 1997 and served as its Interim Principal Financial Officer since May 10, 2018 until April 17, 201 ...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD1.02M) is above average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.
|Executive VP & COO||13.25yrs||US$564.76k||0.14% $27.6k|
|CFO, Principal Financial Officer & Principal Accounting Officer||1yr||no data||no data|
|Senior VP||22.25yrs||no data||no data|
|Head of Aerospace & Defense Practice and Vice President||13.25yrs||no data||no data|
|Senior Vice President of Product Innovation||no data||no data||no data|
|Chief Product Officer||1.25yrs||no data||no data|
|Chief Executive Officer of AgilityPR Solutions||no data||no data||no data|
Experienced Management: INOD's management team is seasoned and experienced (13.3 years average tenure).
|Independent Director||2yrs||US$39.28k||no data|
|Independent Director||2yrs||US$39.28k||0.23% $45.6k|
|Independent Director||2yrs||US$39.28k||no data|
|Independent Director||17.5yrs||US$58.03k||0.13% $25.5k|
|Lead Independent Director||no data||US$60.03k||0.10% $19.6k|
|Director||0.67yr||no data||5.38% $1.1m|
|Independent Director||3.83yrs||US$48.03k||0.040% $7.8k|
Experienced Board: INOD's board of directors are not considered experienced ( 2 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: INOD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Innodata Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Innodata Inc.
- Ticker: INOD
- Exchange: NasdaqGM
- Founded: 1988
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$19.567m
- Shares outstanding: 24.46m
- Website: https://www.innodata.com
Number of Employees
- Innodata Inc.
- 55 Challenger Road
- Suite 202
- Ridgefield Park
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INOD||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Aug 1993|
|ID6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1993|
Innodata Inc. operates as a digital services and solution company worldwide. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility PR Solutions (Agility). The DDS segment combines deep neural networks and human expertise to make unstructured information useable for various domains, including health, science, and law. The Synodex segment transforms medical records into useable digital data and applies technologies to the digital data to augment decision support. The Agility segment offers various tools and related professional services, such as content amplification solution, integrated newswire services, an influencer targeting solution to help PR professionals identify influencers, and media monitoring and analysis solution. This segment also provides media monitoring and PR measurement; and PR reporting and measurement services, including custom reports and PR measurement and social media/influencer analysis, as well as Bulldog Reporter, a publisher of PR-related news and a popular e-newsletter, and Bulldog Awards, a PR awards program that recognizes outstanding performance among PR and communications professionals and agencies. In addition, it provides various services, including acquisition, transformation, and digital data enrichment. In addition, the company offers digital operations management and analytics, such as IP rights, contract, publishing workflow, publisher relationship, and transaction management, as well as provides customer relations, data processing, and regulatory reporting services. Further, it develops and maintains content applications. The company serves banking and financial services, technology, digital retailing, healthcare, science, and insurance sector through its professional staff, senior management, and direct sales personnel. Innodata Inc. was founded in 1988 and is headquartered in Ridgefield Park, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 06:28|
|End of Day Share Price||2020/03/31 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.