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Cipherloc

OTCPK:CLOK
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CLOK
OTCPK
$37M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Cipherloc Corporation operates as a data security solutions company. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Cipherloc has significant price volatility in the past 3 months.
CLOK Share Price and Events
7 Day Returns
-10%
OTCPK:CLOK
2.4%
US Software
1.2%
US Market
1 Year Returns
-41.9%
OTCPK:CLOK
25.6%
US Software
3%
US Market
CLOK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cipherloc (CLOK) -10% -25% -25% -41.9% -72.3% -61.4%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • CLOK underperformed the Software industry which returned 25.6% over the past year.
  • CLOK underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
CLOK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Cipherloc undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Cipherloc. This is due to cash flow or dividend data being unavailable. The share price is $0.9.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cipherloc's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cipherloc's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CLOK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.13
OTCPK:CLOK Share Price ** OTCPK (2019-03-20) in USD $0.9
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cipherloc.

OTCPK:CLOK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:CLOK Share Price ÷ EPS (both in USD)

= 0.9 ÷ -0.13

-6.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cipherloc is loss making, we can't compare its value to the US Software industry average.
  • Cipherloc is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Cipherloc's expected growth come at a high price?
Raw Data
OTCPK:CLOK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cipherloc, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cipherloc's assets?
Raw Data
OTCPK:CLOK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.32
OTCPK:CLOK Share Price * OTCPK (2019-03-20) in USD $0.9
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:CLOK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:CLOK Share Price ÷ Book Value per Share (both in USD)

= 0.9 ÷ 0.32

2.84x

* Primary Listing of Cipherloc.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cipherloc is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Cipherloc's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Cipherloc has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Cipherloc 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cipherloc expected to grow at an attractive rate?
  • Unable to compare Cipherloc's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cipherloc's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Cipherloc's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:CLOK Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CLOK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CLOK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -3 -4
2018-09-30 0 -2 -4
2018-06-30 0 -2 -3
2018-03-31 0 -2 -3
2017-12-31 0 -2 -3
2017-09-30 0 -2 -4
2017-06-30 0 -2 -5
2017-03-31 0 -2 -6
2016-12-31 0 -2 -5
2016-09-30 0 -3 -3
2016-06-30 0 -2 -4
2016-03-31 0 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cipherloc is high growth as no earnings estimate data is available.
  • Unable to determine if Cipherloc is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CLOK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cipherloc Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CLOK Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.13
2018-09-30 -0.20
2018-06-30 -0.22
2018-03-31 -0.30
2017-12-31 -0.41
2017-09-30 -0.71
2017-06-30 -0.81
2017-03-31 -1.01
2016-12-31 -1.06
2016-09-30 -0.56
2016-06-30 -0.87
2016-03-31 -0.79

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cipherloc will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Cipherloc'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.
  2. Cipherloc's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. 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 Cipherloc's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Cipherloc's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cipherloc has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cipherloc performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cipherloc's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cipherloc does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Cipherloc's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cipherloc's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
Cipherloc's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cipherloc Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CLOK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.20 -4.10 2.93 1.10
2018-09-30 0.32 -4.42 2.39 0.87
2018-06-30 0.43 -3.17 1.33 0.71
2018-03-31 0.46 -2.77 1.12 0.70
2017-12-31 0.47 -2.67 1.20 0.60
2017-09-30 0.47 -4.42 3.52 1.09
2017-06-30 0.46 -4.72 2.80 1.33
2017-03-31 0.46 -5.53 3.67 1.27
2016-12-31 0.45 -5.36 3.62 1.20
2016-09-30 0.34 -2.64 1.39 0.76
2016-06-30 0.23 -3.86 4.08 0.54
2016-03-31 0.12 -3.11 3.18 0.42
2015-12-31 0.00 -13.37 13.01 0.36
2015-09-30 -13.12 12.89 0.23
2015-06-30 -0.22 -11.54 10.90 0.05
2015-03-31 -0.22 -12.22 11.77 -0.02
2014-12-31 -0.12 -2.81 2.76 -0.01
2014-09-30 -2.81 2.81
2014-06-30 0.28 -2.67 2.62 0.08
2014-03-31 0.42 -1.71 1.70 0.17
2013-12-31 0.49 -0.78 0.82 0.20
2013-09-30 0.52 -0.65 0.71 0.21
2013-06-30 0.49 -0.57 0.61 0.21
2013-03-31 0.59 -0.35 0.49 0.20
2012-12-31 0.64 -0.10 0.32 0.17
2012-09-30 0.49 -0.07 0.22 0.15
2012-06-30 0.46 0.02 0.18 0.14
2012-03-31 0.22 -0.12 0.17 0.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cipherloc has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cipherloc has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cipherloc improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Cipherloc's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cipherloc has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cipherloc's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cipherloc's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cipherloc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cipherloc has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cipherloc's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Cipherloc has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cipherloc Company Filings, last reported 2 months ago.

OTCPK:CLOK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.91 0.00 13.05
2018-09-30 13.96 0.00 14.06
2018-06-30 7.77 0.00 10.23
2018-03-31 -0.41 0.03 0.43
2017-12-31 -1.34 0.04 0.16
2017-09-30 -0.66 0.03 0.23
2017-06-30 -0.73 0.00 0.12
2017-03-31 -0.68 0.00 0.12
2016-12-31 -1.04 0.00 0.09
2016-09-30 -0.85 0.00 0.34
2016-06-30 -0.42 0.00 0.80
2016-03-31 -0.62 0.00 0.75
2015-12-31 -0.39 0.00 1.13
2015-09-30 -0.23 0.00 1.99
2015-06-30 -1.60 0.12 0.09
2015-03-31 -1.48 0.05 0.09
2014-12-31 0.18 0.05 0.21
2014-09-30 -0.68 0.05 0.55
2014-06-30 -0.48 0.06 0.83
2014-03-31 -0.12 0.09 0.01
2013-12-31 0.30 0.07 0.02
2013-09-30 0.43 0.01 0.01
2013-06-30 0.65 0.01 0.10
2013-03-31 0.82 0.00 0.16
2012-12-31 0.83 0.00 0.05
2012-09-30 0.80 0.05 0.05
2012-06-30 0.94 0.09 0.17
2012-03-31 0.87 0.15 0.09
  • Cipherloc has no debt.
  • Cipherloc has no debt compared to 5 years ago when it was 23.6%.
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.

  • Cipherloc has sufficient cash runway for more than 3 years based on current free cash flow.
  • Cipherloc has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.9% each year.
X
Financial health checks
We assess Cipherloc's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cipherloc has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cipherloc dividends.
If you bought $2,000 of Cipherloc shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cipherloc's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cipherloc's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CLOK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cipherloc has not reported any payouts.
  • Unable to verify if Cipherloc's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cipherloc's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cipherloc has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Cipherloc's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cipherloc afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cipherloc has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cipherloc's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael De La Garza
COMPENSATION $1,060,200
AGE 59
TENURE AS CEO 8.3 years
CEO Bio

Mr. Michael De La Garza serves as Chairman, Chief Executive Officer and President of Cipherloc Corporation since November 19, 2010 and serves as its Acting Chief Financial Officer. Mr. De La Garza served as President, CEO and Director of Card Activation Technologies, Inc. from January 2009 to April 2009. Mr. De La Garza has more than 27 years’ experience in the software industry as an executive officer and founder of numerous companies both private and publicly traded. His career started in 1991 as the COO of a medical imaging company and subsequently founded or co-founded three other software companies where he served as President and/or CEO. Mr. De La Garza is a health care executive with over 20 years of experience. His experiences have been most recently in acute care hospitals serving in CIO/CTO. Mr. De La Garza has been the CEO of Absolute Medical Software Systems, LLC and PayMed USA, LLC since 2001 through the present, for the past seven (7) years serving as CEO and President. His experience is also complimented by serving as CEO and administrator of a chain of diagnostic imaging centers in Texas and surrounding states since 2005. He has been employed as a healthcare consultant for both profit and not for profit health care facilities. Mr. De La Garza has a thorough understanding of all aspects of operations including the financial and physician side of the health care environment. He has served as CEO and founder of five accidents and injury physician clinic. Other unique features in his career include serving in a position of Director of Business Development for a large medical billing company. He has also been involved in "certificate of need" review processes and community health planning for the diagnostic imaging centers. Mr. De La Garza has developed and operated his own consulting firm. The focus of his consulting activities was on hospitals and physician practice development. The consulting areas included regulatory compliance, physician practice auditing, feasibility studies for imaging facilities and insurance billing and collection auditing. Mr. De La Garza studied computer science at Southwest Texas State University and received a Computer Science Technical degree from Danforth Technical College in 1980.

CEO Compensation
  • Michael's compensation has been consistent with company performance over the past year.
  • Michael's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Cipherloc management team in years:

3.5
Average Tenure
57
Average Age
  • The tenure for the Cipherloc management team is about average.
Management Team

Michael De La Garza

TITLE
Chairman
COMPENSATION
$1M
AGE
59
TENURE
8.3 yrs

Milton Mattox

TITLE
Chief Operating Officer
COMPENSATION
$30K
AGE
55
TENURE
0.4 yrs

Albert Carlson

TITLE
Chief Scientific Officer & Director
COMPENSATION
$270K
AGE
59
TENURE
3.5 yrs

Noam Kaiser

TITLE
Investment Manager
TENURE
4 yrs

Mike Hufnagel

TITLE
Consultant
AGE
46
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Cipherloc board of directors in years:

1.9
Average Tenure
59
Average Age
  • The average tenure for the Cipherloc board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michael De La Garza

TITLE
Chairman
COMPENSATION
$1M
AGE
59
TENURE
8.3 yrs

Albert Carlson

TITLE
Chief Scientific Officer & Director
COMPENSATION
$270K
AGE
59
TENURE
1.9 yrs

Sammy Davis

TITLE
Director
COMPENSATION
$20K
AGE
71
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
03. Jan 19 Buy Manchester Management Company, LLC Company 31. Dec 18 02. Jan 19 93,800 $1.69 $153,475
01. Nov 18 Buy Manchester Management Company, LLC Company 31. Oct 18 01. Nov 18 26,100 $1.88 $48,291
30. Oct 18 Buy Manchester Management Company, LLC Company 29. Oct 18 30. Oct 18 30,500 $1.85 $56,270
X
Management checks
We assess Cipherloc's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cipherloc has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Cipherloc Corporation operates as a data security solutions company. It develops CipherLoc, a polymorphic key progression algorithm encryption cipher engine for use in commercial data security industry and/or in sensitive applications. The company was formerly known as National Scientific Corporation and changed its name to Cipherloc Corporation in March 2015. Cipherloc Corporation was incorporated in 1953 and is headquartered in Buda, Texas.

Details
Name: Cipherloc Corporation
CLOK
Exchange: OTCPK
Founded: 1953
$36,704,847
40,783,164
Website: http://cipherloc.net
Address: Cipherloc Corporation
825 Main Street,
Suite 100,
Buda,
Texas, 78610,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK CLOK Common Stock Pink Sheets LLC US USD 13. Dec 1996
Number of employees
Current staff
Staff numbers
11
Cipherloc employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:41
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.