OBLG Stock Overview
Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$0.16|
|52 Week High||US$2.29|
|52 Week Low||US$0.16|
|1 Month Change||-39.56%|
|3 Month Change||-50.74%|
|1 Year Change||-92.72%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-83.99%|
Recent News & Updates
Oblong gets 180-day extension to comply with Nasdaq's minimum bid price rule
Oblong (NASDAQ:OBLG) said Wednesday it was granted a 180-day extension to regain compliance with Nasdaq's minimum bid price rule. OBLG now has till Feb. 13, 2023 to meet the requirement.
|OBLG||US Software||US Market|
Return vs Industry: OBLG underperformed the US Software industry which returned -34.5% over the past year.
Return vs Market: OBLG underperformed the US Market which returned -21.6% over the past year.
|OBLG Average Weekly Movement||9.0%|
|Software Industry Average Movement||9.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.9%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: OBLG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: OBLG's weekly volatility has decreased from 15% to 9% over the past year.
About the Company
Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications.
Oblong Fundamentals Summary
|OBLG fundamental statistics|
Is OBLG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OBLG income statement (TTM)|
|Cost of Revenue||US$4.44m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.55|
|Net Profit Margin||-255.85%|
How did OBLG perform over the long term?See historical performance and comparison
Is OBLG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for OBLG?
Other financial metrics that can be useful for relative valuation.
|What is OBLG's n/a Ratio?|
Price to Sales Ratio vs Peers
How does OBLG's PS Ratio compare to its peers?
|OBLG PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
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Price-To-Sales vs Peers: OBLG is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (4.5x).
Price to Earnings Ratio vs Industry
How does OBLG's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: OBLG is good value based on its Price-To-Sales Ratio (0.7x) compared to the US Software industry average (4.3x)
Price to Sales Ratio vs Fair Ratio
What is OBLG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.7x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate OBLG's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of OBLG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate OBLG's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate OBLG's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Oblong forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Oblong 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.
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- Examine Oblong'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.
How has Oblong performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OBLG is currently unprofitable.
Growing Profit Margin: OBLG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OBLG is unprofitable, but has reduced losses over the past 5 years at a rate of 15.4% per year.
Accelerating Growth: Unable to compare OBLG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OBLG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.3%).
Return on Equity
High ROE: OBLG has a negative Return on Equity (-142.1%), as it is currently unprofitable.
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How is Oblong's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: OBLG's short term assets ($7.8M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: OBLG's short term assets ($7.8M) exceed its long term liabilities ($281.0K).
Debt to Equity History and Analysis
Debt Level: OBLG is debt free.
Reducing Debt: OBLG has no debt compared to 5 years ago when its debt to equity ratio was 20.3%.
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: OBLG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OBLG has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.2% each year.
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What is Oblong current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OBLG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OBLG'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 OBLG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OBLG's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as OBLG has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pete Holst (53 yo)
Mr. Peter J. Holst, also known as Pete, had been the Chief Executive Officer, President and Director of Oblong Inc. (Formerly, Glowpoint, Inc.) since January 13, 2013 and was its Chairman since July 2019 u...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD455.03K) is below average for companies of similar size in the US market ($USD776.35K).
Compensation vs Earnings: Pete's compensation has increased whilst the company is unprofitable.
Experienced Management: OBLG's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: OBLG's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Oblong, Inc.'s employee growth, exchange listings and data sources
- Name: Oblong, Inc.
- Ticker: OBLG
- Exchange: NasdaqCM
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$4.934m
- Shares outstanding: 30.82m
- Website: https://www.oblong.com
Number of Employees
- Oblong, Inc.
- 25587 Conifer Road
- Suite 105-231
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OBLG||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 2019|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/23 00:00|
|End of Day Share Price||2022/09/23 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.