OTCPK:AVOI

Stock Analysis Report

Advanced Voice Recognition Systems

Executive Summary

Advanced Voice Recognition Systems, Inc., a software development company, specializes in creating interface and application solutions for speech recognition technologies in the United States.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Advanced Voice Recognition Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

AVOI

2.5%

US Software

0.7%

US Market


1 Year Return

72.8%

AVOI

29.9%

US Software

12.9%

US Market

Return vs Industry: AVOI exceeded the US Software industry which returned 29.9% over the past year.

Return vs Market: AVOI exceeded the US Market which returned 12.9% over the past year.


Shareholder returns

AVOIIndustryMarket
7 Day0%2.5%0.7%
30 Day-40.4%8.7%4.4%
90 Day-54.8%5.7%7.0%
1 Year72.8%72.8%31.7%29.9%15.4%12.9%
3 Year7.7%7.7%125.3%116.8%49.1%39.5%
5 Year40.0%40.0%173.9%154.6%62.7%44.7%

Price Volatility Vs. Market

How volatile is Advanced Voice Recognition Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Advanced Voice Recognition Systems undervalued compared to its fair value and its price relative to the market?


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

Future Growth

How is Advanced Voice Recognition Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.8%

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 Advanced Voice Recognition Systems 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 AVOI’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 Advanced Voice Recognition Systems's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Advanced Voice Recognition Systems performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if AVOI has high quality earnings.

Growing Profit Margin: Insufficient data to determine if AVOI's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: AVOI is unprofitable, but has reduced losses over the past 5 years at a rate of 3.3% per year.

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

Earnings vs Industry: AVOI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20.8%).


Return on Equity

High ROE: AVOI'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 Advanced Voice Recognition Systems's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: AVOI 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: AVOI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AVOI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.4% each year


Next Steps

Dividend

What is Advanced Voice Recognition Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if AVOI'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 AVOI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Advanced Voice Recognition Systems's salary, the management and board of directors tenure and is there insider trading?

US$1k

CEO Compensation


CEO

Walter Geldenhuys (63yo)

11.5yrs

Tenure

US$1,200

Compensation

Mr. Walter Geldenhuys has been Chief Executive Officer, Chief Financial Officer, President and Sole Director of Advanced Voice Recognition Systems, Inc. since May 2008. Mr. Geldenhuys served as Chief Execu ...


CEO Compensation Analysis

Compensation vs Market: Walter's total compensation ($USD1.20K) is below average for companies of similar size in the US market ($USD508.62K).

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


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.


Management Team

  • Diane Jakowchuk (65yo)

    Secretary

    • Tenure: 11.5yrs
  • Walter Geldenhuys (63yo)

    CEO, President

    • Tenure: 11.5yrs
    • Compensation: US$1.20k

Board Members

  • Walter Geldenhuys (63yo)

    CEO, President

    • Tenure: 11.5yrs
    • Compensation: US$1.20k

Company Information

Advanced Voice Recognition Systems, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advanced Voice Recognition Systems, Inc.
  • Ticker: AVOI
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$3.864m
  • Shares outstanding: 276.02m
  • Website: https://www.avrsys.com

Number of Employees


Location

  • Advanced Voice Recognition Systems, Inc.
  • 7659 East Wood Drive
  • Scottsdale
  • Arizona
  • 85260
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AVOIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2008

Biography

Advanced Voice Recognition Systems, Inc., a software development company, specializes in creating interface and application solutions for speech recognition technologies in the United States. Its principal ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 23:57
End of Day Share Price2019/11/15 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.