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Liberated Syndication

OTCPK:LSYN
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LSYN
OTCPK
$72M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Liberated Syndication Inc. provides domain name registration, and podcast and Web hosting services in the United States and internationally. The last earnings update was 3 days ago. More info.


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  • Liberated Syndication has significant price volatility in the past 3 months.
LSYN Share Price and Events
7 Day Returns
2.4%
OTCPK:LSYN
1.8%
US IT
0.2%
US Market
1 Year Returns
39.4%
OTCPK:LSYN
21.2%
US IT
2.9%
US Market
LSYN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Liberated Syndication (LSYN) 2.4% 17% 52.7% 39.4% - -
US IT 1.8% 2.6% 11.9% 21.2% 82.1% 105.5%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • LSYN outperformed the IT industry which returned 21.2% over the past year.
  • LSYN outperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
LSYN
Industry
5yr Volatility vs Market

LSYN Value

 Is Liberated Syndication 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Liberated Syndication to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Liberated Syndication.

OTCPK:LSYN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:LSYN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.057 (1 + (1- 21%) (12.88%))
1.11
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.11 * 5.96%)
9.35%

Discounted Cash Flow Calculation for OTCPK:LSYN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Liberated Syndication is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:LSYN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.35%)
2019 10.56 Est @ 33.94% 9.66
2020 13.15 Est @ 24.58% 11.00
2021 15.53 Est @ 18.02% 11.88
2022 17.61 Est @ 13.44% 12.32
2023 19.41 Est @ 10.22% 12.42
2024 20.96 Est @ 7.98% 12.26
2025 22.30 Est @ 6.4% 11.93
2026 23.48 Est @ 5.3% 11.49
2027 24.55 Est @ 4.53% 10.99
2028 25.53 Est @ 3.99% 10.45
Present value of next 10 years cash flows $114.39
OTCPK:LSYN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $25.53 × (1 + 2.73%) ÷ (9.35% – 2.73%)
$396.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $396.41 ÷ (1 + 9.35%)10
$162.24
OTCPK:LSYN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $114.39 + $162.24
$276.63
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $276.63 / 28.17
$9.82
OTCPK:LSYN Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.82
Current discount Discount to share price of $2.55
= -1 x ($2.55 - $9.82) / $9.82
74%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Liberated Syndication is available for.
Intrinsic value
>50%
Share price is $2.55 vs Future cash flow value of $9.82
Current Discount Checks
For Liberated Syndication to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Liberated Syndication's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Liberated Syndication's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Liberated Syndication's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Liberated Syndication's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:LSYN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.16
OTCPK:LSYN Share Price ** OTCPK (2019-05-22) in USD $2.55
United States of America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 31.73x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

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

** Primary Listing of Liberated Syndication.

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

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

= 2.55 ÷ 0.16

15.87x

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

  • Liberated Syndication is good value based on earnings compared to the US IT industry average.
  • Liberated Syndication is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Liberated Syndication's expected growth come at a high price?
Raw Data
OTCPK:LSYN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
10.6%per year
United States of America IT Industry PEG Ratio Median Figure of 65 Publicly-Listed IT Companies 2.29x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*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 Liberated Syndication, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Liberated Syndication's assets?
Raw Data
OTCPK:LSYN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.95
OTCPK:LSYN Share Price * OTCPK (2019-05-22) in USD $2.55
United States of America IT Industry PB Ratio Median Figure of 127 Publicly-Listed IT Companies 4.45x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:LSYN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 2.55 ÷ 0.95

2.68x

* Primary Listing of Liberated Syndication.

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

  • Liberated Syndication is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Liberated Syndication'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Liberated Syndication has a total score of 5/6, 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.

LSYN Future Performance

 How is Liberated Syndication expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Liberated Syndication, future earnings growth has been estimated based on fundamentals.
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
10.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Liberated Syndication expected to grow at an attractive rate?
  • Liberated Syndication's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Liberated Syndication's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Liberated Syndication's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:LSYN Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:LSYN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 10.6%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:LSYN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:LSYN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:LSYN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 23 8 5
2018-12-31 22 8 4
2018-09-30 19 7 -2
2018-06-30 16 6 -2
2018-03-31 13 5 -2
2017-12-31 11 4 -3
2017-09-30 10 4 2
2017-06-30 10 3 2
2017-03-31 9 3 1
2016-12-31 9 3 3
2016-09-30 8 3 3
2016-06-30 8 3 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Liberated Syndication's earnings are expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Liberated Syndication is high growth as no revenue estimate data is available.
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:LSYN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Liberated Syndication Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LSYN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:LSYN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.16
2018-12-31 0.13
2018-09-30 -0.07
2018-06-30 -0.07
2018-03-31 -0.07
2017-12-31 -0.13
2017-09-30 0.09
2017-06-30 0.07
2017-03-31 0.07
2016-12-31 0.13
2016-09-30 0.15
2016-06-30 0.15

*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 Liberated Syndication will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Liberated Syndication'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.
Liberated Syndication has a total score of 1/6, 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.

LSYN Past Performance

  How has Liberated Syndication 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 Liberated Syndication's growth in the last year to its industry (IT).
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.
  • Liberated Syndication's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Liberated Syndication has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Liberated Syndication has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
Liberated Syndication'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 Liberated Syndication Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LSYN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 23.23 4.78 9.84 1.92
2018-12-31 22.01 3.79 9.74 1.84
2018-09-30 18.95 -1.91 13.52 1.44
2018-06-30 15.96 -2.04 12.04 1.17
2018-03-31 13.15 -1.89 10.39 0.84
2017-12-31 10.58 -3.18 10.75 0.61
2017-09-30 10.10 2.04 5.02 0.98
2017-06-30 9.59 1.66 5.02 0.82
2017-03-31 9.22 1.43 4.87 0.66
2016-12-31 8.79 2.78 3.20 0.52
2016-09-30 8.49 3.11 2.71
2016-06-30 8.19 3.08 2.55
2016-03-31 7.80 3.06 2.44
2015-12-31 7.21 2.98 2.13
2014-12-31 5.27 1.40 1.95

*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.
  • Liberated Syndication has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Liberated Syndication used its assets more efficiently than the US IT industry average last year based on Return on Assets.
  • Liberated Syndication's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Liberated Syndication'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 IT 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.
Liberated Syndication has a total score of 1/6, 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.

LSYN Health

 How is Liberated Syndication'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 Liberated Syndication's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Liberated Syndication is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Liberated Syndication's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Liberated Syndication'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.
  • Debt is covered by short term assets, assets are 1.5x debt.
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 Liberated Syndication Company Filings, last reported 1 month ago.

OTCPK:LSYN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 27.82 9.25 12.52
2018-12-31 26.44 8.39 11.08
2018-09-30 25.38 8.80 9.36
2018-06-30 24.09 9.21 8.17
2018-03-31 23.27 9.62 6.59
2017-12-31 22.45 10.03 5.21
2017-09-30 18.98 0.00 7.37
2017-06-30 17.82 0.00 6.18
2017-03-31 17.16 0.00 5.32
2016-12-31 15.86 0.00 4.88
2016-09-30 15.22 0.00 3.81
2016-06-30 14.92 0.00 3.52
2016-03-31 14.29 0.00 2.89
2015-12-31 13.73 0.00 2.47
2014-12-31 12.24 0.00 1.06
  • Liberated Syndication's level of debt (33.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Liberated Syndication's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (88.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 20.4x coverage).
X
Financial health checks
We assess Liberated Syndication'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. Liberated Syndication has a total score of 5/6, 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.

LSYN Dividends

 What is Liberated Syndication'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 Liberated Syndication dividends.
If you bought $2,000 of Liberated Syndication 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 Liberated Syndication's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Liberated Syndication'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:LSYN 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 0 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 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 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:LSYN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Liberated Syndication has not reported any payouts.
  • Unable to verify if Liberated Syndication's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Liberated Syndication's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Liberated Syndication 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 Liberated Syndication'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 Liberated Syndication afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Liberated Syndication 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.

LSYN Management

 What is the CEO of Liberated Syndication'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
Chris Spencer
COMPENSATION $460,000
AGE 49
TENURE AS CEO 3.7 years
CEO Bio

Mr. Christopher J. Spencer, also known as Chris, serves as a Director at Natur International Corp. since 2012. Mr. Spencer has been Chief Executive Officer and President at Liberated Syndication, Inc. (known as Webmayhem, Inc. and Libsyn) since September 29, 2015 and has been its Chairman of the Board since 2015. Mr. Spencer serves as Chief Executive Officer of Wizzard Software Corporation and President of FAB Universal Corp. at Professional Nursing Personnel Pool, Inc. He serves as the Chairman, Chief Executive Officer and President of Interim HealthCare Of Wyoming, Inc. Mr. Spencer served as the Chief Executive Officer and President of Future Healthcare of America since June 22, 2012. He has been the Chief Executive Officer of FAB Universal Corporation (known as Wizzard Software Corp) since 1996 and Wizzard Delaware since 1995. He serves as the Chief Executive Officer of Wizzard Media LLC. Mr. Spencer also has experience in investor relations and related public entity. He served as Treasurer of Wizzard Software Corporation since December 17, 2001. He worked for Lotto USA, Inc. from 1992 to 1994, where he was Founder of the Pennsylvania and served as its Chief Executive Officer. He founded and worked for ChinaWire, Inc. from 1994 to 1996. From 1990 to 1992, he worked for John Valiant, Inc., and was responsible for business concept development and obtaining financing. He served as the Chairman and Director of Future Healthcare of America since June 22, 2012. He served as Chairman of Wizzard Software Corporation until April 5, 2012. He served as a Director of Anpath Group, Inc. since February 16, 2013 until November 2015. Mr. Spencer serves as a Director of FAB Universal Corporation. He has been a Director of Interim HealthCare Of Wyoming, Inc. since 2001. He has been Director of FAB Universal Corp. since 1996, Liberated Syndication, Inc. since September 29, 2015 and Wizzard Delaware since 1995. He serves as Director of Cennoid Technologies. He served as a Director of T3 Motion, Inc. since October 28, 2013. He served as a Director of XA, The Experiential Agency, Inc. from December 19, 2005 to August 21, 2008.

CEO Compensation
  • Chris's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Chris's remuneration is about average for companies of similar size in United States of America.
Management Team

Chris Spencer

TITLE
Chairman
COMPENSATION
$460K
AGE
49
TENURE
3.7 yrs

John Busshaus

TITLE
Chief Financial Officer
COMPENSATION
$395K
AGE
55
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the Liberated Syndication board of directors in years:

3.7
Average Tenure
49
Average Age
  • The tenure for the Liberated Syndication board of directors is about average.
Board of Directors

Chris Spencer

TITLE
Chairman
COMPENSATION
$460K
AGE
49
TENURE
4.3 yrs

Doug Polinsky

TITLE
Director
COMPENSATION
$66K
AGE
59
TENURE
3.7 yrs

Denis Yevstifeyev

TITLE
Director
COMPENSATION
$66K
AGE
37
TENURE
3.7 yrs

Greg Smith

TITLE
Director
COMPENSATION
$66K
AGE
49
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Liberated Syndication insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
26. Apr 19 Buy Simeon McMillan Individual 12. Apr 19 12. Apr 19 14,290 $2.12 $30,295
26. Apr 19 Buy Camac Partners, LLC Company 04. Mar 19 19. Mar 19 162,300 $1.66 $263,494
08. Jan 19 Buy Camac Partners, LLC Company 09. Nov 18 07. Jan 19 67,264 $1.63 $92,750
07. Dec 18 Sell John Smith Individual 04. Dec 18 04. Dec 18 -55,000 $1.50 $-82,500
X
Management checks
We assess Liberated Syndication'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. Liberated Syndication 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.

LSYN News

Simply Wall St News

LSYN Company Info

Description

Liberated Syndication Inc. provides domain name registration, and podcast and Web hosting services in the United States and internationally. It offers hosting and distribution tools, including storage, bandwidth, really simple syndication creation, distribution, and statistics tracking for podcast producers; LibsynPRO, an enterprise solution for professional media producers and corporate customers; podcast Apps; and MyLibsyn that provides podcast shows a custom App and a podcast Website where listeners can access their show, login to purchase a subscription, and get access to premium content. The company also provides ad insertion services on producers’ content. In addition, it offers shared Web hosting, e-commerce, fully-managed virtual private and dedicated server, customer self-managed dedicated server, domain-name registration, co-location, and content-delivery network services to businesses, bloggers, artists, musicians, educational institutions, and non-profit organizations. The company was formerly known as Webmayhem, Inc. and changed its name to Liberated Syndication Inc. in August 2016. Liberated Syndication Inc. was founded in 2015 and is based in Pittsburgh, Pennsylvania.

Details
Name: Liberated Syndication Inc.
LSYN
Exchange: OTCPK
Founded: 2015
$71,838,533
28,171,974
Website: http://www.libsyn.com
Address: Liberated Syndication Inc.
5001 Baum Boulevard,
Suite 770,
Pittsburgh,
Pennsylvania, 15213,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK LSYN New Common Stock Pink Sheets LLC US USD 02. Aug 2016
Number of employees
Current staff
Staff numbers
88
Liberated Syndication employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 06:37
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2018/03/26
Last earnings filing: 2019/05/20
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.