OTCPK:LVBX

Stock Analysis Report

Executive Summary

LevelBlox, Inc. develops software asset management (SAM) applications for the blockchain.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.5%

LVBX

-9.9%

US Software

-10.6%

US Market


1 Year Return

-13.3%

LVBX

20.4%

US Software

5.2%

US Market

Return vs Industry: LVBX underperformed the US Software industry which returned 20.4% over the past year.

Return vs Market: LVBX underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

LVBXIndustryMarket
7 Day-5.5%-9.9%-10.6%
30 Day-4.4%-5.5%-8.5%
90 Day-25.7%1.9%-4.6%
1 Year-13.3%-13.3%21.7%20.4%7.4%5.2%
3 Year-62.9%-62.9%122.5%112.9%31.7%23.2%
5 Year-84.7%-84.7%190.9%169.8%56.4%39.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

Future Growth

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

11.0%

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 LevelBlox 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 LVBX’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 LevelBlox's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has LevelBlox performed over the past 5 years?

-28.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LVBX is currently unprofitable.

Growing Profit Margin: LVBX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LVBX is unprofitable, and losses have increased over the past 5 years at a rate of -28.1% per year.

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

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


Return on Equity

High ROE: LVBX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is LevelBlox's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: LVBX 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: LVBX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LVBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

1.7yrs

Average management tenure


CEO

Gary MacLeod (56yo)

11.3yrs

Tenure

US$234,600

Compensation

Mr. Gary W. MacLeod is a Co-Founder of LevelBlox, Inc. (formerly, AlphaPoint Technology, Inc.) and has been its Chief Executive Officer since November 2008, President since April 2015 and serves as its Cha ...


CEO Compensation Analysis

Compensation vs Market: Gary's total compensation ($USD234.60K) is below average for companies of similar size in the US market ($USD535.60K).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Gary MacLeod
Co-Founder11.3yrsUS$234.60k15.1% $446.6k
John Satta
Co-Founder0yrsno data1.32% $39.0k
James Whelan
Chief Technology Officer1.7yrsno datano data
Michael Schmidt
Chief Human Resources Officer1.7yrsno datano data
Jean-Marc Krikorian
0yrsno datano data

1.7yrs

Average Tenure

56yo

Average Age

Experienced Management: LVBX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: LevelBlox, Inc.
  • Ticker: LVBX
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$2.958m
  • Shares outstanding: 113.76m
  • Website: https://www.levelblox.com

Number of Employees


Location

  • LevelBlox, Inc.
  • 6371 Business Boulevard
  • Suite 200
  • Sarasota
  • Florida
  • 34240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LVBXOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2011

Biography

LevelBlox, Inc. develops software asset management (SAM) applications for the blockchain. Its SAM blockchain application connects software entitlements to their licenses and components with the software decision makers. The company develops AssetCentral, a patent-pending software application for the enterprise market. The company was formerly known as AlphaPoint Technology, Inc. and changed its name to LevelBlox, Inc. in October 2018. LevelBlox, Inc. was founded in 2008 and is headquartered in Sarasota, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:14
End of Day Share Price2020/02/24 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.