OTCPK:CDTA.F

Stock Analysis Report

Executive Summary

Carl Data Solutions Inc., together with its subsidiaries, operates as an industrial Internet of things (IIoT) and big-data-as-a-service company in Canada and the United States.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Carl Data Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CDTA.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-9.4%

CDTA.F

-2.7%

US Software

-1.1%

US Market


1 Year Return

99.8%

CDTA.F

35.1%

US Software

17.8%

US Market

Return vs Industry: CDTA.F exceeded the US Software industry which returned 35.5% over the past year.

Return vs Market: CDTA.F exceeded the US Market which returned 17.9% over the past year.


Shareholder returns

CDTA.FIndustryMarket
7 Day-9.4%-2.7%-1.1%
30 Day-10.9%5.5%1.5%
90 Day-13.4%12.6%6.6%
1 Year99.8%99.8%36.5%35.1%20.2%17.8%
3 Year-34.0%-34.0%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 Carl Data Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Carl Data Solutions undervalued compared to its fair value and its price relative to the market?

41.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CDTA.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CDTA.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CDTA.F is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: CDTA.F 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 CDTA.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CDTA.F is overvalued based on its PB Ratio (41.1x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

How is Carl Data Solutions 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 Carl Data Solutions 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 CDTA.F’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 Carl Data Solutions's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Carl Data Solutions performed over the past 5 years?

-14.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDTA.F is currently unprofitable.

Growing Profit Margin: CDTA.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CDTA.F is unprofitable, and losses have increased over the past 5 years at a rate of -14.8% per year.

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

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


Return on Equity

High ROE: CDTA.F has a negative Return on Equity (-999.75%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Carl Data Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: CDTA.F's short term assets (CA$891.7K) do not cover its short term liabilities (CA$2.6M).

Long Term Liabilities: CDTA.F's short term assets (CA$891.7K) exceed its long term liabilities (CA$523.9K).


Debt to Equity History and Analysis

Debt Level: CDTA.F's debt to equity ratio (532.6%) is considered high.

Reducing Debt: CDTA.F's debt to equity ratio has increased from 1% to 532.6% over the past 5 years.


Balance Sheet

Inventory Level: CDTA.F has a high level of physical assets or inventory.

Debt Coverage by Assets: CDTA.F's debt is not covered by short term assets (assets are 0.5x debt).


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: CDTA.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CDTA.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.6% each year


Next Steps

Dividend

What is Carl Data Solutions'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 CDTA.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if CDTA.F'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 CDTA.F'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?

0.6yrs

Average management tenure


CEO

Greg Johnston (51yo)

5yrs

Tenure

CA$140,000

Compensation

Mr. David Gregory Johnston, also known as Greg, has been the Chief Executive Officer and President of Carl Data Solutions Inc. (alternate name, Carl Capital Corp.) since February 25, 2015. Mr. Johnston has ...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD105.95K) is below average for companies of similar size in the US market ($USD522.48K).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David Johnston
President5yrsCA$140.00k1.61% CA$173.5k
Brian Thomas
Chief Financial Officer1yrsCA$25.00k2.3% CA$247.7k
Trent Kamins
Account Manager0yrsno datano data
Piotr Stepinski
Chief Technology Officer0yrsno datano data
Kevin Marsh
President of FlowWorks0.3yrsno datano data
Pilar Portela
President of Astra Smart Systems0.3yrsno datano data

0.6yrs

Average Tenure

51yo

Average Age

Experienced Management: CDTA.F's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Johnston
President5yrsCA$140.00k1.61% CA$173.5k
Vikas Ranjan
Independent Director0.5yrsno datano data
Kevin Ma
Independent Director2.7yrsno datano data
Rick Sanderson
Independent Director4.7yrsno data0.20% CA$21.4k
Lawrie Gaffney
Memberof Strategic Advisory Board4.3yrsno datano data
Chris Johnston
Chairman of the Board3.1yrsno data0.99% CA$107.3k

3.7yrs

Average Tenure

47yo

Average Age

Experienced Board: CDTA.F's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CDTA.F 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 19.3%.


Top Shareholders

Company Information

Carl Data Solutions Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Carl Data Solutions Inc.
  • Ticker: CDTA.F
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €9.928m
  • Listing Market Cap: €10.784m
  • Shares outstanding: 82.74m
  • Website: https://www.carlsolutions.com

Location

  • Carl Data Solutions Inc.
  • 1090 West Georgia Street
  • Suite 488
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRLCNSX (Canadian National Stock Exchange)YesCommon SharesCACADSep 2015
7C5DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2015
CDTA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2015

Biography

Carl Data Solutions Inc., together with its subsidiaries, operates as an industrial Internet of things (IIoT) and big-data-as-a-service company in Canada and the United States. It operates through three segments: Data Services, Data Hosting, and Digital Currency Verification. The company offers data collection, storage, and analytics solutions for data-centric companies. It also provides solutions that are deployed at municipal reservoirs and water treatment facilities for work camps and temporary communities. In addition, the company offers analytics tools, which are used to predict weather events that cause combined sewer overflow; and solutions that integrate with SCADA systems and historical data to predict flooding and other possible risks to infrastructure. Further, it provides industrial solid waste monitoring solution for the construction sector; industrially robust sensors and IIoT gateways; and wireless networking that offers real-time monitoring of bins. Additionally, the company offers sensor networking for pipeline strain, slope stability monitoring for stream and river crossings, and sensors that measure water saturation and slope stability. The company was formerly known as Carl Capital Corp. and changed its name to Carl Data Solutions Inc. in October 2015. Carl Data Solutions Inc. was incorporated in 2014 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 03:44
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.