OTCPK:FCCN

Stock Analysis Report

Executive Summary

Spectral Capital Corporation, a development stage company, focuses on the identification, acquisition, development, and financing of technology that has the potential to transform existing industries in the United States.

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

Makes less than USD$1m in revenue ($239)

Does not have a meaningful market cap ($295K)

+ 1 more risk


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Spectral Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FCCN

2.1%

US IT

1.5%

US Market


1 Year Return

4.2%

FCCN

37.2%

US IT

20.1%

US Market

Return vs Industry: FCCN underperformed the US IT industry which returned 37.2% over the past year.

Return vs Market: FCCN underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

FCCNIndustryMarket
7 Day0%2.1%1.5%
30 Day-7.4%4.4%1.4%
90 Day-40.5%13.9%8.7%
1 Year4.2%4.2%38.6%37.2%22.7%20.1%
3 Year-60.9%-60.9%112.3%103.1%50.1%40.5%
5 Year-98.7%-98.7%148.0%125.8%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Spectral Capital undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

18.5%

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 Spectral Capital 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 FCCN’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 Spectral Capital's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Spectral Capital performed over the past 5 years?

74.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCCN is currently unprofitable.

Growing Profit Margin: FCCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FCCN is unprofitable, but has reduced losses over the past 5 years at a rate of 74% per year.

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

Earnings vs Industry: FCCN is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12%).


Return on Equity

High ROE: FCCN'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 Spectral Capital's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

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

Forecast Cash Runway: FCCN has less than a year of cash runway if free cash flow continues to grow at historical rates of 59.1% each year.


Next Steps

Dividend

What is Spectral Capital'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 FCCN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if FCCN'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 FCCN'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?

9.3yrs

Average board tenure


CEO

Jenifer Osterwalder (53yo)

14.9yrs

Tenure

US$148,888

Compensation

Ms. Jenifer Osterwalder has been the Chief Executive Officer, President, Treasurer, Secretary of Spectral Capital Corporation (formerly Fusa Capital Corp., and Galaxy Championship Wrestling Inc.) since Mar ...


CEO Compensation Analysis

Compensation vs Market: Jenifer's total compensation ($USD148.89K) is below average for companies of similar size in the US market ($USD521.92K).

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


Board Members

NamePositionTenureCompensationOwnership
Jenifer Osterwalder
Chairman14.9yrsUS$148.89k0.012% $34.8
Stephen Spalding
Interim Chief Financial & Accounting Officer and Director9.3yrsno datano data
John Chigbu
Member of Advisory Board9.3yrsno datano data
Thomas Hirszel
Member of Advisory Board9.3yrsno datano data

9.3yrs

Average Tenure

60yo

Average Age

Experienced Board: FCCN's board of directors are considered experienced (9.3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Spectral Capital Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Spectral Capital Corporation
  • Ticker: FCCN
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$294.644k
  • Shares outstanding: 117.86m
  • Website: https://www.spectralcapital.com

Number of Employees


Location

  • Spectral Capital Corporation
  • 4500 9th Avenue NE
  • Seattle
  • Washington
  • 98105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FCCNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2004

Biography

Spectral Capital Corporation, a development stage company, focuses on the identification, acquisition, development, and financing of technology that has the potential to transform existing industries in the United States. It focuses on providing search engine technology for mobile devices that helps people to find news, social media, photos, and videos; and technology application and service that enhances people to find, consume, analyze, share, and discuss financial news and topics, equities, commodities, and currencies on the Web. Spectral Capital Corporation was incorporated in 2000 and is based in Seattle, Washington. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:12
End of Day Share Price2020/02/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.