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First Global Data

OTCPK:FGBD.F
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FGBD.F
OTCPK
CA$17M
Market Cap
  1. Home
  2. US
  3. Software
Company description

First Global Data Limited, together with its subsidiaries, provides electronic payments and transaction processing solutions. The last earnings update was 112 days ago. More info.


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FGBD.F Share Price and Events
7 Day Returns
0%
OTCPK:FGBD.F
1.7%
US IT
1.2%
US Market
1 Year Returns
-100%
OTCPK:FGBD.F
15.5%
US IT
3%
US Market
FGBD.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
First Global Data (FGBD.F) 0% 0% - -100% - -
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • FGBD.F underperformed the IT industry which returned 15.5% over the past year.
  • FGBD.F underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
FGBD.F
Industry
5yr Volatility vs Market
Related Companies

Value

 Is First Global Data 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.

In this section, we usually try to help investors determine whether First Global Data is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First Global Data 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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for First Global Data. This is due to cash flow or dividend data being unavailable. The share price is $1.0E-6.
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 First Global Data's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are First Global Data's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FGBD.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.06
TSXV:FGD Share Price ** TSXV (2019-01-04) in CAD CA$0.07
TSXV:FGD Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.05
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
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 First Global Data.

OTCPK:FGBD.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FGD Share Price ÷ EPS (both in USD)

= 0.05 ÷ -0.06

-0.89x

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

  • First Global Data is loss making, we can't compare its value to the US IT industry average.
  • First Global Data 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 First Global Data's expected growth come at a high price?
Raw Data
OTCPK:FGBD.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.89x
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 IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
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 First Global Data, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on First Global Data's assets?
Raw Data
OTCPK:FGBD.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.07
TSXV:FGD Share Price * TSXV (2019-01-04) in CAD CA$0.07
TSXV:FGD Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.05
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:FGBD.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FGD Share Price ÷ Book Value per Share (both in USD)

= 0.05 ÷ -0.07

-0.78x

* Primary Listing of First Global Data.

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

  • First Global Data has negative assets, we can't compare the value of its assets to the US IT industry average.

Next steps:

  1. Take a look at our analysis of FGBD.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.
  2. Show me more potentially undervalued companies in the IT industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess First Global Data'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. First Global Data has a total score of 0/6, 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 First Global Data 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 First Global Data 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
15.7%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is First Global Data expected to grow at an attractive rate?
  • Unable to compare First Global Data's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare First Global Data's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare First Global Data's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:FGBD.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 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:FGBD.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:FGBD.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 1 -6 -15
2018-06-30 1 -7 -17
2018-03-31 2 -8 -18
2017-12-31 1 -10 -17
2017-09-30 1 -11 -13
2017-06-30 2 -8 -8
2017-03-31 3 -5 -5
2016-12-31 4 -2 -4
2016-09-30 4 -2 -1
2016-06-30 3 -3 -3
2016-03-31 2 -4 -5
2015-12-31 1 -5 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if First Global Data is high growth as no earnings estimate data is available.
  • Unable to determine if First Global Data 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:FGBD.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from First Global Data Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FGBD.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.06
2018-06-30 -0.07
2018-03-31 -0.07
2017-12-31 -0.08
2017-09-30 -0.06
2017-06-30 -0.05
2017-03-31 -0.03
2016-12-31 -0.02
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.03
2015-12-31 -0.04

*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 First Global Data will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FGBD.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.
  2. First Global Data'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 First Global Data'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 First Global Data'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.
First Global Data 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 First Global Data 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 First Global Data's growth in the last year to its industry (IT).
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.
  • First Global Data does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare First Global Data's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare First Global Data's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
First Global Data'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 First Global Data Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FGBD.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1.27 -14.84 10.76
2018-06-30 1.48 -16.88 12.48
2018-03-31 1.56 -17.63 13.21
2017-12-31 1.46 -17.35 13.07
2017-09-30 1.34 -12.58 10.16
2017-06-30 2.00 -8.44 7.71
2017-03-31 2.80 -5.42 6.13
2016-12-31 3.52 -3.50 5.28
2016-09-30 4.00 -1.24 3.81
2016-06-30 2.95 -2.82 4.09
2016-03-31 1.83 -4.56 4.23
2015-12-31 0.90 -6.11 4.45
2015-09-30 0.31 -11.56 4.94
2015-06-30 0.98 -11.43 4.95
2015-03-31 1.79 -11.79 5.68
2014-12-31 2.25 -12.02 5.95
2014-09-30 2.80 -9.93 5.45
2014-06-30 2.52 -10.50 5.67
2014-03-31 2.16 -9.28 5.23
2013-12-31 1.88 -9.80 5.16
2013-09-30 1.51 -10.81 5.17
2013-06-30 1.22 -9.78 4.58
2013-03-31 1.02 -10.11 4.16
2012-12-31 0.98 -9.30 4.15
2012-09-30 1.43 -4.45 3.65
2012-06-30 2.02 -4.34 3.85
2012-03-31 2.06 -4.00 3.59

*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 First Global Data has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if First Global Data has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if First Global Data improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess First Global Data'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 IT 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.
First Global Data 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 First Global Data'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 First Global Data's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • First Global Data's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • First Global Data has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of First Global Data'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.
  • First Global Data has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 First Global Data Company Filings, last reported 5 months ago.

OTCPK:FGBD.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -17.15 15.98 0.37
2018-06-30 -14.78 14.65 0.86
2018-03-31 -12.96 13.33 1.19
2017-12-31 -12.80 13.51 2.18
2017-09-30 6.89 6.96 3.74
2017-06-30 4.74 6.80 5.15
2017-03-31 2.42 9.05 7.34
2016-12-31 -9.06 11.35 2.14
2016-09-30 -7.88 9.58 1.03
2016-06-30 -7.94 9.44 0.85
2016-03-31 -7.98 9.07 0.37
2015-12-31 -8.33 8.26 0.32
2015-09-30 -10.69 12.11 0.21
2015-06-30 -12.31 11.52 0.39
2015-03-31 -11.00 10.04 0.23
2014-12-31 -10.68 10.08 0.39
2014-09-30 -4.30 8.89 0.53
2014-06-30 -3.32 8.92 0.95
2014-03-31 -1.42 7.85 0.81
2013-12-31 0.05 7.80 2.85
2013-09-30 4.10 8.85 2.19
2013-06-30 4.40 5.36 1.48
2013-03-31 4.39 5.56 3.40
2012-12-31 2.53 5.56 2.51
2012-09-30 -7.18 10.70 0.22
2012-06-30 -6.03 9.61 0.17
2012-03-31 -3.59 7.61 0.41
  • First Global Data has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if First Global Data's debt level has increased considering it has negative shareholder equity.
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.

  • First Global Data has less than a year of cash runway based on current free cash flow.
  • First Global Data has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.8% each year.
X
Financial health checks
We assess First Global Data'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. First Global Data has a total score of 1/6, 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 First Global Data'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 First Global Data dividends.
If you bought $2,000 of First Global Data 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 First Global Data's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate First Global Data'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:FGBD.F 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 IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
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 First Global Data has not reported any payouts.
  • Unable to verify if First Global Data's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of First Global Data's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as First Global Data 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 First Global Data'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 First Global Data afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. First Global Data 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 First Global Data'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
Andre Itwaru
COMPENSATION $1,228,331
AGE 53
TENURE AS CEO 6.3 years
CEO Bio

Mr. Andre Itwaru has been the Chief Executive Officer and President of First Global Data Corporation since 2003 and serves as its Chairman of the Board. Mr. Itwaru serves as Executive Chairman at Fintech Select Ltd. Mr. Itwaru is a seasoned senior executive with more than 20 years of experience in the financial services, technology and telecommunications industries. He has held senior management and executive level positions along with various directorships at small to medium sized businesses and large global organizations, including successful tenures at Sprint Canada, AT&T Canada Corp. and AT&T Solutions. Mr. Itwaru held various positions at&T from 1989 to 1999. Some of these key responsibilities included; establishing and managing the first Operations Process and Quality group at&T Canada; Managing the Global Client Support Center responsible for business life cycle management for large strategic clients. Mr. Itwaru was also one of the architects of AT&T Canada's Network Modernization Programme which involved a major shift in the way business was conducted in it at the time. Prior to AT&T, Mr. Itwaru served as Chairman and President of Navaho Networks Inc., a private Toronto-based company providing payment processing services, from March 2000 to February 2002. He also held the position of President and Director of Global Managed Networks Inc., a private technology solutions company from February 2002 to March 2003 and Chairman and President of The Academy of Teaching and Training. He has been Chairman of the Board at Selectcore Ltd. since May 2017. Mr. Itwaru has been a Director of First Global Data Corp. since March 2003.

CEO Compensation
  • Andre's compensation has increased whilst company is loss making.
  • Andre's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the First Global Data management team in years:

1.9
Average Tenure
  • The average tenure for the First Global Data management team is less than 2 years, this suggests a new team.
Management Team

Andre Itwaru

TITLE
Chairman
COMPENSATION
$1M
AGE
53
TENURE
6.3 yrs

Noemi Pesina

TITLE
Risk Management & Compliance Officer

Amar Das

TITLE
Chief Revenue Officer
TENURE
0.5 yrs

Bobita Ram

TITLE
Chief Operating Officer of FGMI

Rajeev Verma

TITLE
Chief Executive Officer of Indonesia
TENURE
1.8 yrs

Bobby Athwal

TITLE
Intellectual Property Management & Strategy Consultant and Member of Advisory Board
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure of the First Global Data board of directors in years:

1
Average Tenure
  • The average tenure for the First Global Data board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andre Itwaru

TITLE
Chairman
COMPENSATION
$1M
AGE
53

Bobby Athwal

TITLE
Intellectual Property Management & Strategy Consultant and Member of Advisory Board
TENURE
1.9 yrs

Philip Chen

TITLE
Member of Advisory Board
TENURE
2.1 yrs

Jack Froese

TITLE
Director
TENURE
0.2 yrs

Anil Saxena

TITLE
Director
TENURE
0.1 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 ($) Value ($)
X
Management checks
We assess First Global Data'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. First Global Data 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

First Global Data Limited, together with its subsidiaries, provides electronic payments and transaction processing solutions. Its services include remittance of services (online and mobile) from Canada and the United States under the FirstGlobalMoney brand; digital payments (online and mobile) under the PayQwik brand; and the licensing of its software. It primarily serves expatriates and migrant workers in Canada and the United States who send money to their countries of origin; and individuals without traditional banking relationships and traditional bank customers who prefer the speedy mobile and online service. The company accepts funds primarily from customers in Canada and the United States at its storefronts and online through electronic funds transfer and checking services. It dispenses funds to through its third-party agent and partner network to approximately 70 countries worldwide. The company was founded in 2001 and is headquartered in Toronto, Canada.

Details
Name: First Global Data Limited
FGBD.F
Exchange: OTCPK
Founded: 2001
CA$12,789,646
243,564,188
Website: http://www.firstglobaldata.com
Address: First Global Data Limited
555 Richmond Street West,
Suite 604,
Toronto,
Ontario, M5V 3B1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FGD New Common Shares TSX Venture Exchange CA CAD 03. Dec 2012
OTCPK FGBD.F New Common Shares Pink Sheets LLC US USD 03. Dec 2012
DB 1G5 New Common Shares Deutsche Boerse AG DE EUR 03. Dec 2012
Number of employees
Current staff
Staff numbers
0
First Global Data employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:56
End of day share price update: 2019/01/04 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.