Loading...

LeoNovus

OTCPK:LVNS.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LVNS.F
OTCPK
CA$41M
Market Cap
  1. Home
  2. US
  3. Software
Company description

LeoNovus Inc., a cloud solutions software company, provides software defined object storage solutions; and governance, risk management, and compliance solutions for enterprises. The last earnings update was 114 days ago. More info.


Add to Portfolio Compare Print
  • LeoNovus has significant price volatility in the past 3 months.
LVNS.F Share Price and Events
7 Day Returns
0%
OTCPK:LVNS.F
2.4%
US Software
1.2%
US Market
1 Year Returns
-16.2%
OTCPK:LVNS.F
25.6%
US Software
3%
US Market
LVNS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LeoNovus (LVNS.F) 0% -8.3% 6.3% -16.2% 277.3% -71.4%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • LVNS.F underperformed the Software industry which returned 25.6% over the past year.
  • LVNS.F underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
LVNS.F
Industry
5yr Volatility vs Market

Value

 Is LeoNovus 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
  • It is not possible to calculate the future cash flow value for LeoNovus. This is due to cash flow or dividend data being unavailable. The share price is $0.11697.
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 LeoNovus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LeoNovus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:LVNS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.02
TSXV:LTV Share Price ** TSXV (2019-03-12) in CAD CA$0.15
TSXV:LTV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.11
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

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

** Primary Listing of LeoNovus.

OTCPK:LVNS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LTV Share Price ÷ EPS (both in USD)

= 0.11 ÷ -0.02

-5.53x

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

  • LeoNovus is loss making, we can't compare its value to the US Software industry average.
  • LeoNovus 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 LeoNovus's expected growth come at a high price?
Raw Data
OTCPK:LVNS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*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 LeoNovus, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LeoNovus's assets?
Raw Data
OTCPK:LVNS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.02
TSXV:LTV Share Price * TSXV (2019-03-12) in CAD CA$0.15
TSXV:LTV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.11
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:LVNS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LTV Share Price ÷ Book Value per Share (both in USD)

= 0.11 ÷ 0.02

5.3x

* Primary Listing of LeoNovus.

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

  • LeoNovus is good value based on assets compared to the US Software industry average.
X
Value checks
We assess LeoNovus'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. LeoNovus has a total score of 1/6, 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 LeoNovus expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 LeoNovus 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
16.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LeoNovus expected to grow at an attractive rate?
  • Unable to compare LeoNovus's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare LeoNovus's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare LeoNovus's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:LVNS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
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 10.9%
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:LVNS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months 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:LVNS.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -7 -5
2018-06-30 0 -5 -4
2018-03-31 0 -3 -3
2017-12-31 0 -2 -3
2017-09-30 0 -1 -2
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 0 -1
2016-09-30 0 0 -1
2016-06-30 0 0 -2
2016-03-31 0 0 -2
2015-12-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if LeoNovus is high growth as no earnings estimate data is available.
  • Unable to determine if LeoNovus 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:LVNS.F 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 0 Analyst Estimates (S&P Global) See Below

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

OTCPK:LVNS.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.02

*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 LeoNovus will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine LeoNovus'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. LeoNovus's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. 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 LeoNovus's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess LeoNovus'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.
LeoNovus has a total score of 0/6, 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 LeoNovus 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 LeoNovus'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.
  • LeoNovus does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare LeoNovus's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LeoNovus's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
LeoNovus'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 LeoNovus Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LVNS.F 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 0.02 -4.72 3.69 0.98
2018-06-30 0.01 -3.75 2.68 0.70
2018-03-31 0.01 -2.82 1.90 0.58
2017-12-31 0.01 -2.73 1.35 0.50
2017-09-30 0.01 -2.02 0.86 0.61
2017-06-30 -1.39 0.82 0.41
2017-03-31 -1.36 0.76 0.40
2016-12-31 -1.24 0.84 0.39
2016-09-30 0.00 -1.36 0.89 0.45
2016-06-30 0.01 -2.05 1.23 0.84
2016-03-31 0.05 -2.45 1.62 0.94
2015-12-31 0.10 -1.88 1.78 1.15
2015-09-30 0.17 0.04 2.21 1.20
2015-06-30 0.22 3.46 2.05 1.48
2015-03-31 0.23 3.84 2.06 1.72
2014-12-31 0.25 -0.69 2.03 1.84
2014-09-30 0.23 -5.72 2.82 2.18
2014-06-30 0.23 -8.50 2.30 1.92
2014-03-31 0.27 -8.52 2.00 1.68
2013-12-31 0.28 -4.44 1.82 1.44
2013-09-30 0.33 -1.33 0.46 1.25
2013-06-30 0.39 -1.65 0.90 1.19
2013-03-31 0.35 -1.89 1.11 1.14
2012-12-31 0.29 -2.14 1.22 1.17
2012-09-30 0.21 -2.45 1.53 1.06
2012-06-30 0.19 -2.51 1.50 1.20
2012-03-31 0.13 -2.68 1.42 1.39

*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 LeoNovus has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LeoNovus 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 LeoNovus 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 LeoNovus'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.
LeoNovus 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 LeoNovus'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 LeoNovus's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LeoNovus is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LeoNovus has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LeoNovus'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.
  • LeoNovus 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 LeoNovus Company Filings, last reported 5 months ago.

OTCPK:LVNS.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 5.25 0.00 6.28
2018-06-30 6.04 0.00 8.02
2018-03-31 7.11 0.05 9.50
2017-12-31 7.66 0.05 10.61
2017-09-30 -2.55 0.33 1.09
2017-06-30 -3.14 0.31 0.19
2017-03-31 -2.85 0.30 0.48
2016-12-31 -3.39 0.75 0.09
2016-09-30 -3.27 0.48 0.05
2016-06-30 -3.25 0.49 0.05
2016-03-31 -2.99 0.36 0.04
2015-12-31 -2.60 0.34 0.12
2015-09-30 -1.96 0.28 0.01
2015-06-30 -1.34 0.10 0.01
2015-03-31 -0.72 0.10 0.10
2014-12-31 -0.83 0.00 0.32
2014-09-30 -2.42 0.00 1.09
2014-06-30 -5.85 0.00 1.44
2014-03-31 -5.72 0.00 2.52
2013-12-31 -3.40 0.00 0.67
2013-09-30 -1.46 0.01 1.68
2013-06-30 -2.51 0.01 0.34
2013-03-31 -2.25 0.02 1.21
2012-12-31 -2.38 0.02 0.25
2012-09-30 -2.55 0.17 0.01
2012-06-30 -2.63 0.06 0.00
2012-03-31 -2.10 0.06 0.01
  • LeoNovus has no debt.
  • LeoNovus currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • LeoNovus has less than a year of cash runway based on current free cash flow.
  • LeoNovus has less than a year of cash runway if free cash flow continues to grow at historical rates of 85.3% each year.
X
Financial health checks
We assess LeoNovus'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. LeoNovus 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 LeoNovus'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 LeoNovus dividends.
If you bought $2,000 of LeoNovus 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 LeoNovus's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LeoNovus'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:LVNS.F 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 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.

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

  • Unable to perform a dividend volatility check as LeoNovus has not reported any payouts.
  • Unable to verify if LeoNovus's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LeoNovus's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LeoNovus 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 LeoNovus'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 LeoNovus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LeoNovus 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 LeoNovus'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
Michael Gaffney
COMPENSATION $301,503
AGE 64
TENURE AS CEO 2.3 years
CEO Bio

Mr. Michael J. Gaffney, B.Sc., M.B.A., CHRP has been the Chairman and Chief Executive Officer of LeoNovus Inc. since November 5, 2016. Mr. Gaffney has been the Executive Chairman of the Board of In-Touch Survey Systems Ltd. (now Intouch Insight Ltd.) since August 13, 2013 and Executive Director since August 16, 2004. Mr. Gaffney has business and corporate governance experience. Mr. Gaffney served as the Chief Executive Officer at In-Touch Survey Systems from September 1, 2004 to November 21, 2013. In 2002, he co-founded Blue Fyre One Inc., (now Soltoro Inc.). Mr. Gaffney served as President and Secretary of Blue Fyre One and served as its Chairman and Chief Executive Officer since 2002. In 2001, he co-founded ENQ Semiconductor Inc. He served as Chief Executive Officer of ENQ Semiconductor Inc. from March 2002 to December 2003. He served as a Vice President at Newbridge Networks Corporation from June 1991 to June 1996 and also served as its Assistant Vice President. He served as an Executive Officer of two technology companies. From June 1996 to March 2002, he served as President and Chief Executive Officer of Learnsoft Corporation. In 1996, he founded Learnsoft Inc. He has been a Director of LeoNovus Inc. since October 4, 2016. He has served on several public company boards. He served as a Director of Blue Fyre One. Over the years, Mr. Gaffney has been active in community organizations such as the former Chair of the Queensway Carleton Hospital and also as a Canadian National Olympic Diving Coach. He is an Ottawa technology executive. Mr. Gaffney is a successful serial technology entrepreneur. Mr. Gaffney was granted the designation of Certified Human Resources Professional from the Human Resources Professional Association in 1987. He holds a B.Sc. from the University of Ottawa in 1980 and received his M.B.A. degree from Concordia University of Montreal (John Molson School of Business in Montreal) in 1992.

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

Average tenure and age of the LeoNovus management team in years:

2.3
Average Tenure
57
Average Age
  • The tenure for the LeoNovus management team is about average.
Management Team

Michael Gaffney

TITLE
Chairman & CEO
COMPENSATION
$302K
AGE
64
TENURE
2.3 yrs

Dan Willis

TITLE
VP & CTO
COMPENSATION
$298K
AGE
57
TENURE
2.3 yrs

Chris Benk

TITLE
VP of Finance
AGE
47
TENURE
1.1 yrs

James LaPalme

TITLE
Senior Vice President of Sales

Alyson Gaffney

TITLE
Vice President of Partnerships & Marketing
Board of Directors Tenure

Average tenure and age of the LeoNovus board of directors in years:

2.4
Average Tenure
53.5
Average Age
  • The average tenure for the LeoNovus board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michael Gaffney

TITLE
Chairman & CEO
COMPENSATION
$302K
AGE
64
TENURE
2.3 yrs

Denise Archambault

TITLE
Director
COMPENSATION
$2K
AGE
54
TENURE
2.4 yrs

Dan Hilton

TITLE
Director
COMPENSATION
$4K
AGE
50
TENURE
10.3 yrs

Mike Carr

TITLE
Member of Advisory Board
TENURE
7.8 yrs

Dave Chow

TITLE
Director
COMPENSATION
$2K
AGE
53
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Dec 18 Buy Christopher Benk Individual 14. Dec 18 14. Dec 18 77,500 $0.11 $8,686
30. Oct 18 Buy Denise Archambault Individual 30. Oct 18 30. Oct 18 20,000 $0.13 $2,590
16. Aug 18 Buy Christopher Benk Individual 14. Aug 18 14. Aug 18 10,000 $0.11 $1,145
10. Aug 18 Buy Christopher Benk Individual 09. Aug 18 09. Aug 18 62,500 $0.12 $7,431
19. Jul 18 Buy Christopher Benk Individual 18. Jul 18 18. Jul 18 50,000 $0.13 $6,434
06. Jun 18 Buy Christopher Benk Individual 06. Jun 18 06. Jun 18 37,500 $0.12 $4,356
05. Jun 18 Buy Christopher Benk Individual 05. Jun 18 05. Jun 18 62,500 $0.12 $7,206
05. Jun 18 Buy Denise Archambault Individual 05. Jun 18 05. Jun 18 60,500 $0.11 $6,743
04. Jun 18 Buy Denise Archambault Individual 04. Jun 18 04. Jun 18 29,000 $0.11 $3,250
01. Jun 18 Buy Denise Archambault Individual 31. May 18 31. May 18 34,000 $0.12 $3,929
X
Management checks
We assess LeoNovus'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. LeoNovus 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

LeoNovus Inc., a cloud solutions software company, provides software defined object storage solutions; and governance, risk management, and compliance solutions for enterprises. Its algorithms virtualize, transform, slice, and disperse data across a network of on-premises, hybrid, or multi-cloud storage nodes. LeoNovus Inc. is headquartered in Ottawa, Canada.

Details
Name: LeoNovus Inc.
LVNS.F
Exchange: OTCPK
Founded:
CA$30,391,451
279,406,424
Website: http://www.leonovus.com
Address: LeoNovus Inc.
1400-340 Albert Street,
Ottawa,
Ontario, K1R 0A5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LTV Common Shares TSX Venture Exchange CA CAD 08. Nov 2010
OTCPK LVNS.F Common Shares Pink Sheets LLC US USD 08. Nov 2010
DB LE4 Common Shares Deutsche Boerse AG DE EUR 08. Nov 2010
Number of employees
Current staff
Staff numbers
37
LeoNovus employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:32
End of day share price update: 2019/03/12 00:00
Last earnings filing: 2018/11/27
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.