OTCPK:EVVR.F

Stock Analysis Report

Executive Summary

EVR Holdings plc, together with its subsidiaries, engages in the creation and curation of virtual reality content for distribution and consumption through its own platform in the United Kingdom, rest of Europe, the United States, and internationally.


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

EVVR.F

-2.6%

US Software

-1.0%

US Market


1 Year Return

n/a

EVVR.F

35.8%

US Software

18.0%

US Market

Return vs Industry: Insufficient data to determine how EVVR.F performed against the US Software industry.

Return vs Market: Insufficient data to determine how EVVR.F performed against the US Market.


Shareholder returns

EVVR.FIndustryMarket
7 Day0%-2.6%-1.0%
30 Dayn/a4.9%0.6%
90 Dayn/a15.2%7.9%
1 Yearn/a37.3%35.8%20.4%18.0%
3 Yearn/a145.0%134.6%48.0%38.5%
5 Yearn/a214.6%191.9%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: EVVR.F is good value based on its PB Ratio (3.5x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

How is EVR Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

134.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EVVR.F's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if EVVR.F's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EVVR.F's revenue (134.7% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: EVVR.F's revenue (134.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EVVR.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has EVR Holdings performed over the past 5 years?

-57.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVVR.F is currently unprofitable.

Growing Profit Margin: EVVR.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVVR.F is unprofitable, and losses have increased over the past 5 years at a rate of -57.9% per year.

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

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


Return on Equity

High ROE: EVVR.F has a negative Return on Equity (-70.59%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is EVR Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EVVR.F's short term assets (£18.7M) exceed its short term liabilities (£2.2M).

Long Term Liabilities: EVVR.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EVVR.F is debt free.

Reducing Debt: EVVR.F has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if EVVR.F's debt is 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: EVVR.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EVVR.F has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of -64.2% each year.


Next Steps

Dividend

What is EVR Holdings'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 EVVR.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if EVVR.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 EVVR.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?

3.5yrs

Average management tenure


CEO

Anthony Matchett (30yo)

3.8yrs

Tenure

UK£275,000

Compensation

Mr. Anthony Matchett has been the Chief Executive Officer and Director of EVR Holdings plc (Alternate Name: MelodyVR) since May 13, 2016 and has been its Executive Chairman since February 07, 2018. Mr. Mat ...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Matchett
CEO & Executive Chairman3.8yrsUK£275.00k11.75% £10.6m
Steven Hancock
COO & Director3.8yrsUK£220.00k9.13% £8.2m
Andy Brown
CFO & Secretary1.2yrsno datano data
Nikki Lambert
Vice President of Marketing3.2yrsno datano data

3.5yrs

Average Tenure

Experienced Management: EVVR.F's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Matchett
CEO & Executive Chairman3.8yrsUK£275.00k11.75% £10.6m
Steven Hancock
COO & Director3.8yrsUK£220.00k9.13% £8.2m
Spencer Hyman
Member of Advisory Board0yrsno datano data
Simon Cole
Senior Non-Executive Director0yrsUK£50.00kno data
Ian Hanson
Non-Executive Director2.8yrsUK£40.00kno data
Andrew Botha
Non-Executive Director1.2yrsUK£40.00kno data
Christopher Gilbert
Member of Advisory Board0yrsno datano data
Annie MacManus
Member of Advisory Board0yrsno datano data

2.2yrs

Average Tenure

51yo

Average Age

Experienced Board: EVVR.F's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.1%.


Top Shareholders

Company Information

EVR Holdings plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EVR Holdings plc
  • Ticker: EVVR.F
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£69.533m
  • Listing Market Cap: UK£90.156m
  • Shares outstanding: 1.43b
  • Website: https://evrholdings.com

Number of Employees


Location

  • EVR Holdings plc
  • 55 Poland Street
  • London
  • Greater London
  • W1F 7NL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRHAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2016
EVVR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2016

Biography

EVR Holdings plc, together with its subsidiaries, engages in the creation and curation of virtual reality content for distribution and consumption through its own platform in the United Kingdom, rest of Europe, the United States, and internationally. It also operates a virtual reality music platform that provides digital on demand access to a library of live music performances. The company was incorporated in 2005 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 03:23
End of Day Share Price2020/01/28 00:00
Earnings2019/06/30
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.