OTCPK:ADGO

Stock Analysis Report

Executive Summary

Advantego Corporation develops digital and enterprise software products.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ADGO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ADGO

-2.7%

US Software

-1.1%

US Market


1 Year Return

-100.0%

ADGO

35.1%

US Software

17.8%

US Market

Return vs Industry: ADGO underperformed the US Software industry which returned 35.1% over the past year.

Return vs Market: ADGO underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

ADGOIndustryMarket
7 Day0%-2.7%-1.1%
30 Day0%5.5%1.5%
90 Day-90.0%12.6%6.6%
1 Year-100.0%-100.0%36.5%35.1%20.2%17.8%
3 Year-100.0%-100.0%145.5%135.2%47.5%38.1%
5 Yearn/a212.4%190.0%71.2%52.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Advantego undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Advantego is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Advantego 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 ADGO’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 Advantego regulatory filings here.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

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

11.1%

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 Advantego 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 ADGO’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 the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Advantego's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Advantego performed over the past 5 years?

-130.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ADGO is currently unprofitable.

Growing Profit Margin: ADGO is currently unprofitable.


Past Earnings Growth Analysis

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

Accelerating Growth: Unable to compare ADGO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADGO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Advantego's financial position?


Financial Position Analysis

Short Term Liabilities: ADGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ADGO 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: ADGO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ADGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: ADGO has a low level of unsold assets or inventory.

Debt Coverage by Assets: ADGO has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: ADGO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ADGO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -81.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ADGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ADGO'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 ADGO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADGO'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 ADGO'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?

1.7yrs

Average management tenure


CEO

Rob Ferguson (67yo)

3.3yrs

Tenure

US$120,000

Compensation

Mr. Robert W. Ferguson, also known as Rob, serves as Chairman at Advantego Corporation and has been its Chief Executive Officer and Director since October 28, 2016. Mr. Ferguson has been the Managing Membe ...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD120.00K) is below average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Ferguson
Chairman & CEO3.3yrsUS$120.00k0.61% $457.6
Tracy Madsen
Chief Financial & Accounting Officer and Chief Accounting Principal1.7yrsUS$38.19k0.0087% $6.5
Fred Popke
COO, VP3.3yrsUS$120.00k0.62% $465.1
Philip Grey
Consultant1.7yrsUS$131.95kno data
Carl Engstrom
General Counsel0yrsno datano data
John Gillotti
Director of Sales & Marketing0yrsno datano data
Thomas O'Stasik
Chief Revenue Officer & President of Advantego Communications1.6yrsno datano data

1.7yrs

Average Tenure

63yo

Average Age

Experienced Management: ADGO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.5%.


Top Shareholders

Company Information

Advantego Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advantego Corporation
  • Ticker: ADGO
  • Exchange: OTCPK
  • Founded: 2016
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: US$74.582k
  • Shares outstanding: 745.82m
  • Website: https://www.advantego.com

Number of Employees


Location

  • Advantego Corporation
  • 3801 East Florida Avenue
  • Suite 400
  • Denver
  • Colorado
  • 80210
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADGOOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2016

Biography

Advantego Corporation develops digital and enterprise software products. It operates an intelligent solution platform that provides specialized business process as a services. It also provides product design, engineering, and manufacturing; custom enterprise software development; and intellectual property licensing services. In addition, the company offers digital signage products to a network of certified auto care collision centers; and subscription-based online directory listing services, as well as resells software. Advantego Corporation was founded in 2016 and is headquartered in Denver, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:01
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.