OTCPK:IPTK

Stock Analysis Report

Executive Summary

AS-IP Tech, Inc. develops technologies for the business aviation and commercial airline industry.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has AS-IP Tech's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

IPTK

-9.9%

US Software

-10.6%

US Market


1 Year Return

-16.0%

IPTK

20.4%

US Software

5.2%

US Market

Return vs Industry: IPTK underperformed the US Software industry which returned 20.4% over the past year.

Return vs Market: IPTK underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

IPTKIndustryMarket
7 Day0%-9.9%-10.6%
30 Day-13.0%-5.5%-8.5%
90 Day14.3%1.9%-4.6%
1 Year-16.0%-16.0%21.7%20.4%7.4%5.2%
3 Year-60.0%-60.0%122.5%112.9%31.7%23.2%
5 Year-20.0%-20.0%190.9%169.8%56.4%39.3%

Price Volatility Vs. Market

How volatile is AS-IP Tech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AS-IP Tech undervalued compared to its fair value and its price relative to the market?


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

Future Growth

How is AS-IP Tech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.0%

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 AS-IP Tech 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 IPTK’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 AS-IP Tech's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has AS-IP Tech performed over the past 5 years?

-42.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IPTK is currently unprofitable.

Growing Profit Margin: IPTK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPTK is unprofitable, and losses have increased over the past 5 years at a rate of -42.2% per year.

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

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


Return on Equity

High ROE: IPTK'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 AS-IP Tech's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

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

Forecast Cash Runway: IPTK has less than a year of cash runway if free cash flow continues to reduce at historical rates of -39.5% each year


Next Steps

Dividend

What is AS-IP Tech's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

16.0yrs

Average management tenure


CEO

Barry Chapman 0

0

Barry Chapman serves as Chief Executive Officer of ASIP Europe and Middle East. Barry Chapman is a brand marketing specialist and prior to joining ASiP, built a successful international career in the enter ...


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Chapman
President & Director35.1yrsUS$96.00k1.44% $52.5k
Philip Shiels
CFO & Director24.1yrsUS$93.90k8.38% $305.0k
John Papageorgiou
Chief Operations Officer 16yrsno datano data
Thomas Henderson
Vice President of Strategic Business Development and Member of Advisory Board14yrsUS$14.00kno data
Barry Chapman
Chief Executive Officer of ASIP Europe & Middle East0yrsno datano data
Richard Mason
Member of the Advisory Board and Advisor On Logistics0yrsUS$12.00kno data

16.0yrs

Average Tenure

71.5yo

Average Age

Experienced Management: IPTK's management team is seasoned and experienced (16 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Chapman
President & Director35.1yrsUS$96.00k1.44% $52.5k
Philip Shiels
CFO & Director24.1yrsUS$93.90k8.38% $305.0k
Thomas Henderson
Vice President of Strategic Business Development and Member of Advisory Board14yrsUS$14.00kno data
Richard Mason
Member of the Advisory Board and Advisor On Logistics0yrsUS$12.00kno data
Elizabeth Young
Member of Advisory Board14.6yrsUS$24.00kno data
Graham Chappell
Director35.1yrsno data1.52% $55.4k
Richard Lukso
Chairman of the Board15.6yrsno data1.18% $42.8k

19.8yrs

Average Tenure

76yo

Average Age

Experienced Board: IPTK's board of directors are seasoned and experienced ( 19.8 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 been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

AS-IP Tech, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AS-IP Tech, Inc.
  • Ticker: IPTK
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$3.641m
  • Shares outstanding: 182.06m
  • Website: https://www.asiptech.com

Location

  • AS-IP Tech, Inc.
  • 2/1 Contour Close
  • Research
  • Victoria
  • 3095
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPTKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2000

Biography

AS-IP Tech, Inc. develops technologies for the business aviation and commercial airline industry. The company offers BizjetMobile and fflya technologies that delivers inflight connectivity. AS-IP Tech, Inc. markets its BizjetMobile product under the CHiiMP and KONNG brands. The company was formerly known as ASI Entertainment, Inc. and changed its name to AS-IP Tech, Inc. in July 2014. AS-IP Tech, Inc. was founded in 1998 and is based in Research, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 00:28
End of Day Share Price2020/02/05 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.