OTCPK:IMTL

Stock Analysis Report

Executive Summary

Image Protect, Inc. focuses on building a community of visual artists to help defend against copyright infringement.

Rewards

Revenue grew by 351.3% over the past year

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue ($636K)

Does not have a meaningful market cap ($1M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 2 more risks


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Image Protect's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

40.0%

IMTL

0.2%

US Software

0.8%

US Market


1 Year Return

-90.0%

IMTL

28.5%

US Software

17.8%

US Market

Return vs Industry: IMTL underperformed the US Software industry which returned 28.5% over the past year.

Return vs Market: IMTL underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

IMTLIndustryMarket
7 Day40.0%0.2%0.8%
30 Day-36.4%1.1%1.8%
90 Day-41.7%4.2%4.1%
1 Year-90.0%-90.0%30.5%28.5%20.4%17.8%
3 Year-98.9%-98.9%125.6%116.5%45.9%36.4%
5 Yearn/a181.2%161.4%68.1%49.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Image Protect undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

15.4%

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 Image Protect 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 IMTL’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 Image Protect's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Image Protect performed over the past 5 years?

50.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: IMTL is currently unprofitable.

Growing Profit Margin: IMTL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if IMTL's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: IMTL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (15.8%).


Return on Equity

High ROE: IMTL'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 Image Protect's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: IMTL 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: Insufficient data to determine if IMTL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if IMTL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if IMTL'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 IMTL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Larry Adams 0

3.8yrs

Tenure

0

Mr. Lawrence Adams, also known as Larry, has been Chief Executive Officer of Image Technology Laboratories Inc. since March 2016. 


Management Age and Tenure

3.8yrs

Average Tenure

Experienced Management: IMTL's management team is considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: IMTL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$50,81026 Nov 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares41,204,091
Max PriceUS$0.0015
BuyUS$12029 Oct 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares100,000
Max PriceUS$0.0012
BuyUS$13,84229 Oct 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares11,423,122
Max PriceUS$0.0018
BuyUS$36,95630 Sep 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares23,880,887
Max PriceUS$0.0056
BuyUS$55523 Sep 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares12,450
Max PriceUS$0.045
SellUS$3,03423 Sep 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares670,000
Max PriceUS$0.0053
BuyUS$10,16623 Sep 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares2,069,000
Max PriceUS$0.0058
BuyUS$4,42511 Jul 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares711,000
Max PriceUS$0.0085
BuyUS$8,45226 Mar 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares910,000
Max PriceUS$0.014
BuyUS$18,10520 Mar 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares1,680,900
Max PriceUS$0.015
BuyUS$84620 Mar 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares90,000
Max PriceUS$0.0094
BuyUS$22,64713 Mar 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares2,045,805
Max PriceUS$0.02
BuyUS$52913 Mar 19
Lawrence Adams
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares40,000
Max PriceUS$0.018

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 98.2%.


Management Team

  • Valerie McDowell (73yo)

    Corporate Secretary & Director

    • Tenure: 3.8yrs
  • Jonathan Thomas

    President & COO

    • Tenure: 3.8yrs
  • Larry Adams

    Chief Executive Officer

    • Tenure: 3.8yrs

Board Members

  • Valerie McDowell (73yo)

    Corporate Secretary & Director

    • Tenure: 3.8yrs

Company Information

Image Protect, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Image Protect, Inc.
  • Ticker: IMTL
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$1.132m
  • Shares outstanding: 1.62b
  • Website: https://www.imageprotect.com

Number of Employees


Location

  • Image Protect, Inc.
  • 1401 North El Camino Real
  • Suite 203
  • San Clemente
  • California
  • 92672
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IMTLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2015

Biography

Image Protect, Inc. focuses on building a community of visual artists to help defend against copyright infringement. Its tracking and recovery technology simplifies copyright protection by combining indust ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/12 00:43
End of Day Share Price2019/12/11 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.