OTCPK:LIVC

Stock Analysis Report

Executive Summary

Live Current Media Inc., through its subsidiaries, focuses on developing domain names to include content, commerce, and community applications in the United States.

Risk Analysis

Earnings have declined by -31.24% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap ($3M)

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

+ 1 more risk


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Live Current Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.3%

LIVC

2.1%

US IT

0.06%

US Market


1 Year Return

-20.0%

LIVC

37.4%

US IT

19.4%

US Market

Return vs Industry: LIVC underperformed the US IT industry which returned 37.4% over the past year.

Return vs Market: LIVC underperformed the US Market which returned 19.4% over the past year.


Shareholder returns

LIVCIndustryMarket
7 Day-14.3%2.1%0.06%
30 Day6.7%4.6%1.1%
90 Dayn/a14.9%8.9%
1 Year-20.0%-20.0%38.8%37.4%21.9%19.4%
3 Year60.0%60.0%111.5%102.4%48.9%39.3%
5 Year128.6%128.6%147.5%125.5%71.9%53.1%

Price Volatility Vs. Market

How volatile is Live Current Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Live Current Media undervalued compared to its fair value and its price relative to the market?

8.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LIVC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LIVC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LIVC is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: LIVC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LIVC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LIVC is overvalued based on its PB Ratio (9x) compared to the US IT industry average (4.3x).


Next Steps

Future Growth

How is Live Current Media forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.4%

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 Live Current Media 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

Past Performance

How has Live Current Media performed over the past 5 years?

-31.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LIVC is currently unprofitable.

Growing Profit Margin: LIVC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LIVC is unprofitable, and losses have increased over the past 5 years at a rate of -31.2% per year.

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

Earnings vs Industry: LIVC is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12%).


Return on Equity

High ROE: LIVC has a negative Return on Equity (-208.85%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Live Current Media's financial position?


Financial Position Analysis

Short Term Liabilities: LIVC's short term assets ($306.3K) exceed its short term liabilities ($107.5K).

Long Term Liabilities: LIVC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LIVC is debt free.

Reducing Debt: LIVC had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if LIVC's debt is 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: LIVC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LIVC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12.8% each year


Next Steps

Dividend

What is Live Current Media'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 LIVC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

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

3.2yrs

Average board tenure


CEO

David Jeffs (49yo)

9.3yrs

Tenure

US$199,712

Compensation

Mr. David M. Jeffs serves as President of Domain Holdings Inc., a wholly-owned subsidiary of Communicate.com Inc. Mr. Jeffs served as Chief Executive Officer and President of Communicate.Com Inc. from July ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD199.71K) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
David Jeffs
CEO, President9.3yrsUS$199.71k24.5% $682.8k
Joao da Costa
Independent Director3.2yrsUS$11.94kno data
Amir Vahabzadeh
Independent Director3.2yrsUS$11.94k12.2% $340.0k

3.2yrs

Average Tenure

51yo

Average Age

Experienced Board: LIVC's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LIVC 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

Live Current Media Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Live Current Media Inc.
  • Ticker: LIVC
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: US$2.787m
  • Shares outstanding: 34.84m
  • Website: https://www.livecurrent.com

Location

  • Live Current Media Inc.
  • 50 West Liberty Street
  • Suite 880
  • Reno
  • Nevada
  • 89501
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LIVCOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2000

Biography

Live Current Media Inc., through its subsidiaries, focuses on developing domain names to include content, commerce, and community applications in the United States. It also distributes eBalance microcurrent device to households and individual users. The company was formerly known as Communicate.com Inc. and changed its name to Live Current Media Inc. in May 2008. Live Current Media Inc. was founded in 1995 and is based in Reno, Nevada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 01:14
End of Day Share Price2020/02/18 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.