OTCPK:IVFZ.F

Stock Analysis Report

Executive Summary

Invictus Financial Inc. does not have significant operations.

Snowflake

Fundamentals

Imperfect balance sheet with poor track record.


Similar Companies

Share Price & News

How has Invictus Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

IVFZ.F

2.5%

US IT

0.9%

US Market


1 Year Return

-84.1%

IVFZ.F

34.9%

US IT

16.8%

US Market

Return vs Industry: IVFZ.F underperformed the US IT industry which returned 34.9% over the past year.

Return vs Market: IVFZ.F underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

IVFZ.FIndustryMarket
7 Day0%2.5%0.9%
30 Day-0.8%4.7%4.5%
90 Day-42.1%0.7%6.2%
1 Year-84.1%-84.1%36.3%34.9%19.4%16.8%
3 Yearn/a98.5%90.1%47.5%38.0%
5 Year-37.5%-37.5%134.7%113.8%62.0%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Invictus Financial undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

18.2%

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 Invictus Financial 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 IVFZ.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.
  • 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 Invictus Financial's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Invictus Financial performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IVFZ.F has high quality earnings.

Growing Profit Margin: IVFZ.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IVFZ.F is unprofitable, but has reduced losses over the past 5 years at a rate of 8.6% per year.

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

Earnings vs Industry: IVFZ.F is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (17%).


Return on Equity

High ROE: IVFZ.F'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 Invictus Financial's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: IVFZ.F 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: IVFZ.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: IVFZ.F has sufficient cash runway for 1.984978 years if free cash flow continues to reduce at historical rates of -81.7% each year.


Next Steps

Dividend

What is Invictus Financial's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if IVFZ.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 IVFZ.F'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 Invictus Financial's salary, the management and board of directors tenure and is there insider trading?

US$24k

CEO Compensation


CEO

Marcus New (48yo)

24.5yrs

Tenure

US$24,000

Compensation

Mr. Marcus A. New, B.A., is Founder, Chief Executive Officer and Chief Entrepreneur of Investx Capital Ltd. Mr. New has been the Chief Executive Officer of Invictus Financial Inc. since May 1995 and serves ...


Insider Trading

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 substantially diluted in the past year, with total shares outstanding growing by 705.6%.


Management Team

  • Marcus New (48yo)

    Founder

    • Tenure: 24.5yrs
    • Compensation: US$24.00k

Board Members

  • Paul Chow (54yo)

    Independent Director

    • Tenure: 4.2yrs
  • Theo Sanidas

    Director

    • Tenure: 0.8yrs

Company Information

Invictus Financial Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Invictus Financial Inc.
  • Ticker: IVFZ.F
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$653.112k
  • Shares outstanding: 26.12m
  • Website: https://null

Location

  • Invictus Financial Inc.
  • 1185 West Georgia Street
  • Suite 1625
  • Vancouver
  • British Columbia
  • V6E 4E6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IVFZ.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 1999
IVF.HTSXV (TSX Venture Exchange)YesCommon StockCACADMar 1999

Biography

Invictus Financial Inc. does not have significant operations. The company is seeking for new business opportunities. Previously, it was engaged in the provision of services related to the financial markets ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 00:14
End of Day Share Price2019/11/12 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.