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EVOL

Symbolic Logic OTCPK:EVOL Stock Report

Last Price

US$1.49

Market Cap

US$16.1m

7D

-3.9%

1Y

-29.0%

Updated

27 Sep, 2022

Data

Company Financials
EVOL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

EVOL Stock Overview

Symbolic Logic, Inc., a research and development organization, focuses on developing proprietary algorithms that model and predict behaviour of dynamic systems.

Symbolic Logic Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Symbolic Logic
Historical stock prices
Current Share PriceUS$1.49
52 Week HighUS$2.86
52 Week LowUS$0.84
Beta1.3
1 Month Change-1.33%
3 Month Change-1.97%
1 Year Change-29.05%
3 Year Change60.74%
5 Year Change-68.30%
Change since IPO-96.12%

Recent News & Updates

Shareholder Returns

EVOLUS SoftwareUS Market
7D-3.9%-4.9%-6.9%
1Y-29.0%-34.3%-23.7%

Return vs Industry: EVOL exceeded the US Software industry which returned -34.3% over the past year.

Return vs Market: EVOL underperformed the US Market which returned -23.7% over the past year.

Price Volatility

Is EVOL's price volatile compared to industry and market?
EVOL volatility
EVOL Average Weekly Movement5.1%
Software Industry Average Movement9.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: EVOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EVOL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19858Igor Volshteynhttps://www.symbl.com

Symbolic Logic, Inc., a research and development organization, focuses on developing proprietary algorithms that model and predict behaviour of dynamic systems. It is also developing a set of tools and technologies for applying symbolic content to physical objects to catalog to track real-world objects. The company was formerly known as Evolving Systems, Inc. and changed its name to Symbolic Logic, Inc. in April 2022.

Symbolic Logic Fundamentals Summary

How do Symbolic Logic's earnings and revenue compare to its market cap?
EVOL fundamental statistics
Market CapUS$16.14m
Earnings (TTM)-US$4.47m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVOL income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$4.47m
Earnings-US$4.47m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did EVOL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EVOL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EVOL?

Other financial metrics that can be useful for relative valuation.

EVOL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does EVOL's PB Ratio compare to its peers?

EVOL PB Ratio vs Peers
The above table shows the PB ratio for EVOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.3x
AUUD Auddia
2.7x112.1%US$16.6m
SDCH SideChannel
4.6xn/aUS$15.5m
CRKR Creek Road Miners
1.5xn/aUS$3.6m
SEAC SeaChange International
0.7x57.0%US$21.5m
EVOL Symbolic Logic
0.5xn/aUS$16.1m

Price-To-Book vs Peers: EVOL is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (2.3x).


Price to Earnings Ratio vs Industry

How does EVOL's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Book vs Industry: EVOL is good value based on its Price-To-Book Ratio (0.5x) compared to the US Software industry average (3x)


Price to Book Ratio vs Fair Ratio

What is EVOL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EVOL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate EVOL's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of EVOL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate EVOL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate EVOL'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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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.2%

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 Symbolic Logic 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.


Discover growth companies

  • Examine Symbolic Logic'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.
  • 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 Symbolic Logic's filings and announcements here.

Past Performance

How has Symbolic Logic performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-11.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EVOL is currently unprofitable.

Growing Profit Margin: EVOL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVOL is unprofitable, and losses have increased over the past 5 years at a rate of 11.5% per year.

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

Earnings vs Industry: EVOL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.3%).


Return on Equity

High ROE: EVOL has a negative Return on Equity (-14.78%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Symbolic Logic's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: EVOL's short term assets ($30.5M) exceed its short term liabilities ($1.2M).

Long Term Liabilities: EVOL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EVOL is debt free.

Reducing Debt: EVOL has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.


Balance Sheet


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: EVOL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: EVOL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 36.6% each year


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Dividend

What is Symbolic Logic current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Symbolic Logic Dividend Yield vs Market
How does Symbolic Logic dividend yield compare to the market?
SegmentDividend Yield
Company (Symbolic Logic)0%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Software)1.1%
Analyst forecast in 3 Years (Symbolic Logic)n/a

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

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

Growing Dividend: Insufficient data to determine if EVOL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: EVOL is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EVOL has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Igor Volshteyn (45 yo)

0.083yr

Tenure

Mr. Igor Volshteyn had been Independent Director at Symbolic Logic, Inc. (formerly known as Evolving Systems, Inc.) since January 10, 2022 until August 26, 2022. He serves as Director of Symbolic Logic, In...


Leadership Team

Experienced Management: EVOL's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: EVOL's board of directors are considered experienced (3.6 years average tenure).


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

OTCPK:EVOL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
04 Apr 22BuyUS$1,653Karen SingerIndividual913US$1.81
01 Apr 22BuyUS$73,348Karen SingerIndividual40,524US$1.81
15 Mar 22BuyUS$15,810Karen SingerIndividual8,935US$1.77
07 Mar 22BuyUS$11,133Karen SingerIndividual6,117US$1.82
24 Feb 22BuyUS$46,161Karen SingerIndividual26,143US$1.77
23 Feb 22BuyUS$94,333Karen SingerIndividual52,594US$1.79
22 Feb 22BuyUS$31,500Karen SingerIndividual18,034US$1.75
18 Feb 22BuyUS$10,732Karen SingerIndividual6,144US$1.75
14 Feb 22BuyUS$12,166Karen SingerIndividual7,073US$1.72
11 Feb 22BuyUS$253,906Karen SingerIndividual140,111US$1.89
04 Feb 22BuyUS$23,255Karen SingerIndividual12,598US$1.85
01 Feb 22BuyUS$330,198Karen SingerIndividual182,762US$1.89
01 Feb 22SellUS$2,357,059Kokino LLCCompany982,108US$2.40
01 Feb 22BuyUS$2,357,059Karen SingerIndividual982,108US$2.40
26 Jan 22BuyUS$100,404Karen SingerIndividual53,939US$1.87
25 Jan 22BuyUS$314,120Karen SingerIndividual170,218US$1.85

Ownership Breakdown

What is the ownership structure of EVOL?
Owner TypeNumber of SharesOwnership Percentage
Institutions148,8371.4%
Individual Insiders378,1443.5%
General Public3,908,83736.1%
Public Companies6,396,17459.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 9 shareholders own 63.91% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
59.05%
CCUR Holdings, Inc.
6,396,174$9.5m0%no data
1.61%
David Nicol
174,644$260.2k1.75%no data
1.58%
Matthew Stecker
171,000$254.8k140.85%no data
0.66%
Acadian Asset Management LLC
71,592$106.7k-34.82%no data
0.49%
Lido Advisors, LLC
52,749$78.6k0%no data
0.23%
RBF Capital LLC
24,496$36.5k0%no data
0.21%
Mark Szynkowski
22,500$33.5k-57.14%no data
0.046%
Steven Singer
5,000$7.5k-66.67%no data
0.046%
Igor Volshteyn
5,000$7.5k-66.67%no data

Company Information

Symbolic Logic, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Symbolic Logic, Inc.
  • Ticker: EVOL
  • Exchange: OTCPK
  • Founded: 1985
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$16.140m
  • Shares outstanding: 10.83m
  • Website: https://www.symbl.com

Number of Employees


Location

  • Symbolic Logic, Inc.
  • 9800 Pyramid Court
  • Suite 400
  • Englewood
  • Colorado
  • 80112
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVOLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 1998

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.