OTCPK:KTPP.F

Stock Analysis Report

Executive Summary

Katipult Technology Corp. operates as a financial technology company.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Katipult Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

7.4%

KTPP.F

-2.6%

US Software

-1.0%

US Market


1 Year Return

32.0%

KTPP.F

35.8%

US Software

18.0%

US Market

Return vs Industry: KTPP.F underperformed the US Software industry which returned 35.8% over the past year.

Return vs Market: KTPP.F exceeded the US Market which returned 18% over the past year.


Shareholder returns

KTPP.FIndustryMarket
7 Day7.4%-2.6%-1.0%
30 Day67.9%4.9%0.6%
90 Day52.9%15.2%7.9%
1 Year32.0%32.0%37.3%35.8%20.4%18.0%
3 Yearn/a145.0%134.6%48.0%38.5%
5 Yearn/a214.6%191.9%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Katipult Technology undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

11.2%

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 Katipult Technology 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 KTPP.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 Katipult Technology's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Katipult Technology performed over the past 5 years?

-51.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KTPP.F is currently unprofitable.

Growing Profit Margin: KTPP.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KTPP.F is unprofitable, and losses have increased over the past 5 years at a rate of -51.9% per year.

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

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


Return on Equity

High ROE: KTPP.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 Katipult Technology's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: KTPP.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: KTPP.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KTPP.F has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of -56.8% each year.


Next Steps

Dividend

What is Katipult Technology's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if KTPP.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 KTPP.F'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?

0.4yrs

Average management tenure


CEO

Gord Breese 0

0.08yrs

Tenure

0

Mr. Gord Breese serves as President, Chief Executive Officer and Director of Katipult Technology Corp since January 06, 2020. He served as Global Vice President, Channels and Ecosystem at SAP included resp ...


Leadership Team

NamePositionTenureCompensationOwnership
Brock Murray
Co-Founder2.5yrsCA$108.00k26.77% CA$5.0m
Pheak Meas
Co-Founder2.5yrsCA$108.00k26.77% CA$5.0m
Karim Teja
CFO & Corporate Secretary2.1yrsCA$174.46kno data
Gord Breese
President0.08yrsno data0.029% CA$5.4k
Ben Cadieux
Chief Technology Officer0.4yrsno datano data
Doug McLean
Executive Officer0.4yrsCA$151.69kno data

0.4yrs

Average Tenure

36.5yo

Average Age

Experienced Management: KTPP.F's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brock Murray
Co-Founder2.5yrsCA$108.00k26.77% CA$5.0m
Pheak Meas
Co-Founder2.5yrsCA$108.00k26.77% CA$5.0m
Gord Breese
President0.08yrsno data0.029% CA$5.4k
Marcus Shapiro
Independent Chairman of the Board2.5yrsCA$16.35k0.76% CA$141.9k
Brian Craig
Independent Director1.8yrsCA$10.35k3.94% CA$737.1k
Jeffrey Dawson
Independent Director2.5yrsCA$11.75k0.12% CA$22.0k

2.5yrs

Average Tenure

40.5yo

Average Age

Experienced Board: KTPP.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Katipult Technology Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Katipult Technology Corp.
  • Ticker: KTPP.F
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$24.708m
  • Listing Market Cap: CA$18.699m
  • Shares outstanding: 68.63m
  • Website: https://www.katipult.com

Location

  • Katipult Technology Corp.
  • 777 Hornby Street
  • Suite 600
  • Vancouver
  • British Columbia
  • V6Z 1S4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FUNDTSXV (TSX Venture Exchange)YesNew Common SharesCACADNov 2017
K10DB (Deutsche Boerse AG)YesNew Common SharesDEEURNov 2017
KTPP.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDNov 2017

Biography

Katipult Technology Corp. operates as a financial technology company. The company offers a cloud-based software infrastructure that allows firms to design, set up, and operate an investment platform, which enables firms to offer securities on a prospectus-exempt basis to various types of investors. The company’s platform automates various components of investor and investment management, including components of financial transactions, investment marketing, and dividend payouts, as well as manages regulatory requirements in various geographic jurisdictions. It serves customers in North America, Europe, Asia, Africa, Oceania, and South America. Katipult Technology Corp.’s platform includes modules for various user types, including investors, issuers, administrators and auditors, and others. The company was formerly known as Deha Capital Corp. and changed its name to Katipult Technology Corp. in August 11 2017. Katipult Technology Corp. was founded in 2008 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 02:55
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.