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ImageWare Systems

OTCPK:IWSY
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IWSY
OTCPK
$158M
Market Cap
  1. Home
  2. US
  3. Software
Company description

ImageWare Systems, Inc. provides biometrically enabled software-based identity management solutions for biometrics, secure credential, law enforcement, and public safety markets worldwide. The last earnings update was 125 days ago. More info.


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  • ImageWare Systems has significant price volatility in the past 3 months.
IWSY Share Price and Events
7 Day Returns
13.2%
OTCPK:IWSY
2.5%
US Software
1.6%
US Market
1 Year Returns
-6.3%
OTCPK:IWSY
24.3%
US Software
3.2%
US Market
IWSY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ImageWare Systems (IWSY) 13.2% 84.2% 91.8% -6.3% 19.9% -17.3%
US Software 2.5% 5.1% 18.3% 24.3% 108.3% 136.1%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • IWSY underperformed the Software industry which returned 24.3% over the past year.
  • IWSY underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
IWSY
Industry
5yr Volatility vs Market
Related Companies

Value

 Is ImageWare Systems 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 ImageWare Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ImageWare Systems 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 ImageWare Systems. This is due to cash flow or dividend data being unavailable. The share price is $1.63.
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 ImageWare Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ImageWare Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:IWSY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.16
OTCPK:IWSY Share Price ** OTCPK (2019-03-19) in USD $1.63
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.56x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ImageWare Systems.

OTCPK:IWSY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:IWSY Share Price ÷ EPS (both in USD)

= 1.63 ÷ -0.16

-10.29x

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

  • ImageWare Systems is loss making, we can't compare its value to the US Software industry average.
  • ImageWare Systems 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 ImageWare Systems's expected growth come at a high price?
Raw Data
OTCPK:IWSY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.58x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*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 ImageWare Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ImageWare Systems's assets?
Raw Data
OTCPK:IWSY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.00
OTCPK:IWSY Share Price * OTCPK (2019-03-19) in USD $1.63
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.72x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:IWSY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:IWSY Share Price ÷ Book Value per Share (both in USD)

= 1.63 ÷ 0.00

-1314.52x

* Primary Listing of ImageWare Systems.

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

  • ImageWare Systems has negative assets, we can't compare the value of its assets to the US Software industry average.

Next steps:

  1. Examine ImageWare Systems's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Show me more potentially undervalued companies in the Software 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 ImageWare Systems'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. ImageWare Systems 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 ImageWare Systems expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
178.6%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is ImageWare Systems expected to grow at an attractive rate?
  • Unable to compare ImageWare Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ImageWare Systems's earnings growth to the United States of America market average as no estimate data is available.
  • ImageWare Systems's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:IWSY Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:IWSY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 178.6%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
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:IWSY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:IWSY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 35 1
2018-12-31 4 1
OTCPK:IWSY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 5 -10 -15
2018-06-30 5 -9 -15
2018-03-31 4 -9 -15
2017-12-31 4 -9 -14
2017-09-30 4 -8 -14
2017-06-30 4 -8 -12
2017-03-31 4 -8 -11
2016-12-31 4 -8 -11
2016-09-30 4 -7 -11
2016-06-30 4 -7 -10
2016-03-31 5 -7 -10
2015-12-31 5 -7 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ImageWare Systems is high growth as no earnings estimate data is available.
  • ImageWare Systems's revenue is expected to grow significantly at over 20% yearly.
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:IWSY 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 1 Analyst Estimates (S&P Global) See Below

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

OTCPK:IWSY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
OTCPK:IWSY Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.16
2018-06-30 -0.16
2018-03-31 -0.16
2017-12-31 -0.15
2017-09-30 -0.15
2017-06-30 -0.13
2017-03-31 -0.12
2016-12-31 -0.12
2016-09-30 -0.11
2016-06-30 -0.11
2016-03-31 -0.10
2015-12-31 -0.10

*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 ImageWare Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ImageWare Systems'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.
ImageWare Systems has a total score of 2/6, 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 ImageWare Systems 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 ImageWare Systems's growth in the last year to its industry (Software).
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.
  • ImageWare Systems does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ImageWare Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ImageWare Systems's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
ImageWare Systems'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 ImageWare Systems Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IWSY 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 4.56 -15.01 7.85 6.76
2018-06-30 4.91 -14.78 7.48 6.52
2018-03-31 4.08 -14.83 7.35 6.21
2017-12-31 4.29 -13.71 7.01 5.95
2017-09-30 4.00 -13.55 6.73 6.08
2017-06-30 3.76 -12.13 6.82 5.80
2017-03-31 3.70 -11.48 6.79 5.56
2016-12-31 3.81 -10.87 6.74 5.33
2016-09-30 3.79 -10.64 6.53 5.23
2016-06-30 4.12 -10.04 6.48 5.13
2016-03-31 4.82 -9.69 6.34 4.92
2015-12-31 4.77 -9.60 6.23 4.64
2015-09-30 5.11 -8.72 6.29 4.45
2015-06-30 4.85 -8.81 6.26 4.46
2015-03-31 4.09 -8.82 6.22 4.50
2014-12-31 4.16 -7.99 6.29 4.50
2014-09-30 3.85 -7.84 6.09 4.40
2014-06-30 5.42 -5.27 5.96 4.14
2014-03-31 5.51 -8.82 5.77 3.98
2013-12-31 5.30 -9.90 5.51 3.87
2013-09-30 5.30 -8.03 5.46 3.75
2013-06-30 3.75 -11.10 5.27 3.60
2013-03-31 3.69 -4.42 5.30 3.37
2012-12-31 3.95 -10.24 5.26 3.18
2012-09-30 4.02 -14.62 4.90 2.96
2012-06-30 4.14 -6.59 4.65 2.85
2012-03-31 4.67 -4.21 4.19 2.77

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ImageWare Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ImageWare Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ImageWare Systems'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.
  • ImageWare Systems has no debt, it does not need to be 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 ImageWare Systems Company Filings, last reported 5 months ago.

OTCPK:IWSY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 7.85 0.00 9.06
2018-06-30 -3.75 5.87 2.21
2018-03-31 -1.93 5.82 4.56
2017-12-31 1.15 5.77 7.32
2017-09-30 3.21 5.73 9.87
2017-06-30 -5.58 5.69 0.10
2017-03-31 -3.60 3.94 0.48
2016-12-31 -1.26 2.53 1.59
2016-09-30 -0.19 2.03 1.69
2016-06-30 -0.07 1.39 0.33
2016-03-31 1.65 0.00 1.10
2015-12-31 3.69 0.00 3.35
2015-09-30 5.89 0.00 4.93
2015-06-30 7.46 0.00 6.45
2015-03-31 9.06 0.00 8.39
2014-12-31 -1.03 1.31 0.22
2014-09-30 1.16 0.00 0.49
2014-06-30 3.07 0.00 1.42
2014-03-31 3.61 0.06 2.16
2013-12-31 3.33 0.06 2.36
2013-09-30 3.86 0.07 3.47
2013-06-30 1.43 0.07 1.03
2013-03-31 0.93 0.07 2.21
2012-12-31 2.34 0.07 4.23
2012-09-30 2.15 0.07 5.32
2012-06-30 1.20 0.07 3.65
2012-03-31 -0.78 0.07 5.22
  • ImageWare Systems has no debt.
  • ImageWare Systems has no debt compared to 5 years ago when it was 1.7%.
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.

  • ImageWare Systems has less than a year of cash runway based on current free cash flow.
  • ImageWare Systems has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.3% each year.
X
Financial health checks
We assess ImageWare Systems'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. ImageWare Systems has a total score of 4/6, 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 ImageWare Systems'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 ImageWare Systems dividends.
If you bought $2,000 of ImageWare Systems 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 ImageWare Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ImageWare Systems'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:IWSY 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 1 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
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.

OTCPK:IWSY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

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

  • Unable to perform a dividend volatility check as ImageWare Systems has not reported any payouts.
  • Unable to verify if ImageWare Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ImageWare Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ImageWare Systems 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 ImageWare Systems'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 ImageWare Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ImageWare Systems 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 ImageWare Systems'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
Jim Miller
COMPENSATION $574,114
AGE 65
TENURE AS CEO 29.2 years
CEO Bio

Mr. S. James Miller, Jr., also known as Jim, has been the Chief Executive Officer of ImageWare Systems Inc. since 1990 and has also been its Executive Chairman since 1996. Mr. Miller served as ImageWare Systems Inc.'s President from 1990 to 2003. He served as an executive with Oak Industries, Inc., from 1980 to 1990, a manufacturer of components for the telecommunications industry. While at Oak Industries, Mr. Miller served as General Counsel, Corporate Secretary and Chairman/President of Oak Industries' Pacific Rim subsidiaries. He has been the Chairman of ImageWare Systems Inc., since 1996. He serves as an Executive Director of ImageWare Systems Inc. He served as a Director of Oak Industries' Pacific Rim subsidiaries. Mr. Miller has a J.D. from the University of San Diego School of Law and a B.A. from the University of California, San Diego.

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

Average tenure and age of the ImageWare Systems management team in years:

13.2
Average Tenure
58
Average Age
  • The average tenure for the ImageWare Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jim Miller

TITLE
President
COMPENSATION
$574K
AGE
65
TENURE
29.2 yrs

Wayne Wetherell

TITLE
Senior VP of Administration
COMPENSATION
$281K
AGE
66
TENURE
17.8 yrs

Dave Harding

TITLE
Senior VP & CTO
COMPENSATION
$449K
AGE
49
TENURE
13.2 yrs

Robert Brown

TITLE
Vice President of Sales & Business Development
COMPENSATION
$387K
AGE
56
TENURE
3.8 yrs

David Somerville

TITLE
Senior Vice President of Sales & Marketing
AGE
58
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the ImageWare Systems board of directors in years:

7.1
Average Tenure
67
Average Age
  • The tenure for the ImageWare Systems board of directors is about average.
Board of Directors

Guy Hamm

TITLE
Director
COMPENSATION
$67K
AGE
71
TENURE
14.4 yrs

Jim Miller

TITLE
President
COMPENSATION
$574K
AGE
65
TENURE
23.2 yrs

David Carey

TITLE
Director
COMPENSATION
$69K
AGE
73
TENURE
13.1 yrs

David Loesch

TITLE
Director
COMPENSATION
$64K
AGE
74
TENURE
17.5 yrs

John Cronin

TITLE
Director
COMPENSATION
$64K
AGE
63
TENURE
7.1 yrs

Neal Goldman

TITLE
Director
COMPENSATION
$64K
AGE
74
TENURE
6.6 yrs

Dana Kammersgard

TITLE
Director
COMPENSATION
$35K
AGE
62
TENURE
2.8 yrs

Charles Frischer

TITLE
Director
AGE
51
TENURE
1.5 yrs

Bob Clutterbuck

TITLE
Director
AGE
67
TENURE
1.5 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 ($) Value ($)
31. May 18 Sell David Harding Individual 29. May 18 29. May 18 -105,000 $1.43 $-150,150
X
Management checks
We assess ImageWare Systems'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. ImageWare Systems 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

ImageWare Systems, Inc. provides biometrically enabled software-based identity management solutions for biometrics, secure credential, law enforcement, and public safety markets worldwide. Its flagship product is the patented IWS Biometric Engine, a multi-biometric software platform that enables the enrollment and management of unlimited population sizes. The company also offers GoMobile Interactive that enables business, service, and content providers to offer users biometric security for their products, services, and content; IWS PIV (personal identity verification) Management Application that supplies Web-based graphical user interface to server functions; IWS PIV Middleware, which connects card reader and PIV card; IWS Background Server, a software application for biometric identity management functions; IWS Desktop Security, an authentication management platform; and IWS Biometric Quality Assessment and Enhancement, a biometric image enhancement and assessment solution. Its secure credential products include GoVerifyID, a biometric authentication solution; IWS Card Management System to support and manage the issuance of smart cards; IWS EPI Suite, an ID software solution for producing, issuing, and managing credentials and personal identification cards; IWS EPI Builder, which offers various aspects of ID functionality; IWS EPI PrintFarm software for card printing; and IWS PIV Encoder to program the PIV smart cards. In addition, the company provides IWS Law Enforcement, a digital booking, identification, and investigative solution; and LiveScan, Capture, Facial Recognition, Law Enforcement Web, Witness View, and IWS Biometric Engine add-on modules, as well as maintenance and customer support, and software customization and fulfillment services. It serves healthcare, banking, retail/e-commerce, government, and law enforcement and public safety markets. ImageWare Systems, Inc. was founded in 1987 and is headquartered in San Diego, California.

Details
Name: ImageWare Systems, Inc.
IWSY
Exchange: OTCPK
Founded: 1987
$157,783,708
96,799,821
Website: http://www.iwsinc.com
Address: ImageWare Systems, Inc.
10815 Rancho Bernardo Road,
Suite 310,
San Diego,
California, 92127,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK IWSY Common Stock Pink Sheets LLC US USD 01. May 2000
Number of employees
Current staff
Staff numbers
64
ImageWare Systems employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:37
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/18
Last earnings filing: 2018/11/14
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.