OTCPK:MJTK

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

CannaSys, Inc. provides technology services for the cannabis industry.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MJTK

2.6%

US Software

2.9%

US Market


1 Year Return

-50.0%

MJTK

30.6%

US Software

8.9%

US Market

Return vs Industry: MJTK underperformed the US Software industry which returned 30.6% over the past year.

Return vs Market: MJTK underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

MJTKIndustryMarket
7 Day0%2.6%2.9%
30 Day0%7.7%10.6%
90 Day0%16.9%5.1%
1 Year-50.0%-50.0%31.6%30.6%11.4%8.9%
3 Year-95.0%-95.0%129.6%121.7%34.3%25.4%
5 Year-100.0%-100.0%205.9%187.2%60.7%42.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

Future Growth

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

16.4%

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

Past Performance

How has CannaSys performed over the past 5 years?

25.3%

Historical Software annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if MJTK has high quality earnings.

Growing Profit Margin: Insufficient data to determine if MJTK's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MJTK's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare MJTK's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if MJTK's earnings growth over the past year exceeded the Software industry average.


Return on Equity

High ROE: MJTK has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is CannaSys's financial position?


In this section we usually analyse CannaSys's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. CannaSys has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of MJTK’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when CannaSys's financial data was last updated here.
  • Explore more healthy companies in the Software industry.

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MJTK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MJTK's dividends per share have been stable in the past.

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

4.9yrs

Average board tenure


CEO

Michael Tew (39yo)

2.5yrs

Tenure

US$197,247

Compensation

Mr. Michael A. Tew serves as the Chief Executive Officer, Chief Financial Officer of CannaSys, Inc., since December 29, 2017. Mr. Tew has been Executive Director at CannaSys, Inc. since July 01, 2015. He h ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD577.87K).

Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Michael Tew
CEO, CFO & Director2.5yrsUS$197.25kno data
Brandon Jennewine
Chairman of the Boardno datano datano data
Daniel Rogers
Director5.58yrsUS$38.40kno data
Benjamin Tyson
Director2.75yrsno datano data

4.9yrs

Average Tenure

42yo

Average Age

Experienced Board: MJTK's board of directors are considered experienced (4.9 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: CannaSys, Inc.
  • Ticker: MJTK
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$277.321k
  • Shares outstanding: 2.77b
  • Website: https://www.cannasys.com

Number of Employees


Location

  • CannaSys, Inc.
  • 1350 17th Street
  • Suite 150
  • Denver
  • Colorado
  • 80202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MJTKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2014

Biography

CannaSys, Inc. provides technology services for the cannabis industry. The company offers Citizen Toke, a text-message-based transaction and promotion platform focused on user acquisition and customer engagement for both regulated cannabis retailers and branded products companies. It also offers BumpUp Rewards, a membership rewards loyalty program designed for social media ties and an electronic solution for providing gifts, points, and discounts to friends and family; and CannaLIMS, a laboratory management information system product focuses on the cannabis marketplace. The company's products serve medical and recreational growers, dispensers, and customers. CannaSys, Inc. was founded in 2013 and is headquartered in Denver, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 05:14
End of Day Share Price2020/06/04 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


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.