OTCPK:NEXC.F

Stock Analysis Report

Executive Summary

NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has NexTech AR Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

22.4%

NEXC.F

1.5%

US Software

1.3%

US Market


1 Year Return

n/a

NEXC.F

23.1%

US Software

5.9%

US Market

Return vs Industry: Insufficient data to determine how NEXC.F performed against the US Software industry.

Return vs Market: Insufficient data to determine how NEXC.F performed against the US Market.


Shareholder returns

NEXC.FIndustryMarket
7 Day22.4%1.5%1.3%
30 Day55.0%-0.8%-1.9%
90 Day59.9%-3.4%-1.8%
1 Yearn/a24.8%23.1%8.3%5.9%
3 Yearn/a122.8%114.1%45.6%36.2%
5 Yearn/a179.3%159.1%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is NexTech AR Solutions undervalued compared to its fair value and its price relative to the market?

8.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate NEXC.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate NEXC.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NEXC.F is overvalued based on its PB Ratio (8.1x) compared to the US Software industry average (5.1x).


Next Steps

Future Growth

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

14.8%

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 NexTech AR Solutions 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 NEXC.F’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 NexTech AR Solutions's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has NexTech AR Solutions performed over the past 5 years?

-135.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if NEXC.F's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: NEXC.F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: NEXC.F has a negative Return on Equity (-76.09%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NEXC.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NEXC.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is NexTech AR Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: NEXC.F's short term assets (CA$1.5M) do not cover its short term liabilities (CA$1.5M)

Long Term Liabilities: NEXC.F's short term assets (1.5M) exceeds its long term liabilities (193.4K)


Debt to Equity History and Analysis

Debt Level: NEXC.F is debt free.

Reducing Debt: NEXC.F had no debt 5 years ago.


Balance Sheet

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

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

Forecast Cash Runway: NEXC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -129.8% each year


Next Steps

Dividend

What is NexTech AR Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if NEXC.F'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 NEXC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of NexTech AR Solutions's salary, the management and board of directors tenure and is there insider trading?

0.4yrs

Average board tenure


CEO

Evan Gappelberg 0

0yrs

Tenure

0

Mr. Evan Gappelberg serves as an Advisor of Future Farm Technologies Inc. Mr. Gappelberg serves as Chief Executive Officer & Director at NexTech AR Solutions Corp. 


Board Age and Tenure

0.4yrs

Average Tenure

Experienced Board: NEXC.F's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: NEXC.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$49,28519 Aug 19
Evan Gappelberg
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares109,166
Max PriceCA$0.45
BuyCA$22,78604 Jul 19
Reuben Tozman
EntityIndividual
Shares50,000
Max PriceCA$0.46
SellCA$28,72104 Jan 19
Belinda Tyldesley
EntityIndividual
Role
Member of the Board of Directors
Corporate Secretary & Director
Shares39,927
Max PriceCA$0.72

Ownership Breakdown


Management Team

  • John Duffy (53yo)

    President & Director

    • Tenure: 0yrs
  • Evan Gappelberg

    CEO & Director

    • Tenure: 0yrs
  • Belinda Tyldesley

    Corporate Secretary & Director

    • Tenure: 0yrs
  • Kashif Malik

    Chief Financial Officer

    • Tenure: 0yrs
  • Scott Jenkins

    Chief Technology Officer

    • Tenure: 0yrs
  • Barry Sandrew

    COO, Executive Producer of AR Studios & Member of Advisory Board

    • Tenure: 0yrs

Board Members

  • Charlie Fink

    Member of Advisory Board

    • Tenure: 0.2yrs
  • Ori Inbar (54yo)

    Member of Advisory Board

    • Tenure: 0.4yrs
  • Scott Starr

    Member of Advisory Board

    • Tenure: 0.4yrs
  • John Duffy (53yo)

    President & Director

    • Tenure: 0yrs
  • Evan Gappelberg

    CEO & Director

    • Tenure: 0yrs
  • Belinda Tyldesley

    Corporate Secretary & Director

    • Tenure: 0yrs
  • Mike Boland

    Member of Advisory Board

    • Tenure: 0.4yrs
  • Barry Sandrew

    COO, Executive Producer of AR Studios & Member of Advisory Board

    • Tenure: 0yrs

Company Information

NexTech AR Solutions Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NexTech AR Solutions Corp.
  • Ticker: NEXC.F
  • Exchange: OTCPK
  • Founded: 2018
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$52.368m
  • Listing Market Cap: CA$39.574m
  • Shares outstanding: 56.31m
  • Website: https://www.nextechar.com

Location

  • NexTech AR Solutions Corp.
  • The Studio District
  • 349 Carlaw Avenue
  • Toronto
  • Ontario
  • M4M 2T1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NTARCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2018
N29DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2018
NEXC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2018

Biography

NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. It is creating an AR ecosystem featuring e-commerce solutions for Websites, AR learning, and educ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:34
End of Day Share Price2019/10/14 00:00
Earnings2019/05/31
Annual Earnings2019/05/31


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.