OTCPK:PAYD

Stock Analysis Report

Executive Summary

PAID, Inc. develops online shipping and tax management tools.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • PAID is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.1%

OTCPK:PAYD

1.7%

US Software

1.1%

US Market


1 Year Return

-8.6%

OTCPK:PAYD

26.3%

US Software

4.7%

US Market

PAYD underperformed the Software industry which returned 26.3% over the past year.

PAYD underperformed the Market in United States of America which returned 4.7% over the past year.


Share holder returns

PAYDIndustryMarket
7 Day2.1%1.7%1.1%
30 Day-1.0%6.7%4.3%
90 Day-1.0%10.5%2.9%
1 Year-8.6%-8.6%28.1%26.3%7.0%4.7%
3 Yearn/a135.9%126.5%47.4%37.7%
5 Yearn/a184.7%163.7%61.6%43.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PAID undervalued based on future cash flows and its price relative to the stock market?

2.62x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

PAID's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

PAID's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

PAID is loss making, we can't compare its value to the US Software industry average.

PAID is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for PAID, we can't assess if its growth is good value.


Price Based on Value of Assets

PAID is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

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

18.1%

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 PAID 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 PAYD’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 PAID's filings and announcements here.
  • Explore growth companies in the software industry.

Past Performance

How has PAID performed over the past 5 years?

-76.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PAID does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare PAID's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare PAID's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

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


Return on Assets

It is difficult to establish if PAID has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if PAID improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is PAID's financial position?


Financial Position Analysis

PAID's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

PAID's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

PAID's level of debt (1%) compared to net worth is satisfactory (less than 40%).

Unable to establish if PAID's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 46.5x debt.


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.

Whilst loss making PAID has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making PAID has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -104.7% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate PAID's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate PAID's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as PAID has not reported any payouts.

Unable to verify if PAID's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as PAID 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.


Next Steps

Management

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

2.6yrs

Average board tenure


CEO

Allan Pratt (61yo)

2.6yrs

Tenure

US$293,015

Compensation

Mr. Allan Pratt is Chief Executive Officer and President at PAID, Inc. Mr. Pratt co-founded emergeIT in 2008 and serves as its Chief Executive Officer and President. In 1985, he began the creation of an op ...


CEO Compensation Analysis

Allan's remuneration is lower than average for companies of similar size in United States of America.

Allan's compensation has increased whilst company is loss making.


Board Age and Tenure

2.6yrs

Average Tenure

55yo

Average Age

The average tenure for the PAID board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

SellUS$13,84227 Mar 19
Christopher Coghlin
EntityIndividual
Shares4,840
Max PriceUS$2.86
SellUS$8,59125 Mar 19
Christopher Coghlin
EntityIndividual
Shares2,900
Max PriceUS$2.99
SellUS$13,27515 Mar 19
Christopher Coghlin
EntityIndividual
Shares4,500
Max PriceUS$2.95
SellUS$7,68008 Mar 19
Christopher Coghlin
EntityIndividual
Shares2,560
Max PriceUS$3.00
SellUS$3,84001 Mar 19
Christopher Coghlin
EntityIndividual
Shares1,200
Max PriceUS$3.20
SellUS$9,35008 Nov 18
Christopher Coghlin
EntityIndividual
Shares3,400
Max PriceUS$2.75
SellUS$17,58102 Nov 18
Christopher Coghlin
EntityIndividual
Shares6,500
Max PriceUS$3.05
SellUS$3,82530 Oct 18
Christopher Coghlin
EntityIndividual
Shares1,400
Max PriceUS$3.15
SellUS$15,13126 Oct 18
Christopher Coghlin
EntityIndividual
Shares5,000
Max PriceUS$3.47
SellUS$3,05419 Oct 18
Christopher Coghlin
EntityIndividual
Shares1,000
Max PriceUS$3.06
SellUS$2,29219 Oct 18
Christopher Coghlin
EntityIndividual
Shares700
Max PriceUS$3.47

Ownership Breakdown


Management Team

  • William Lewis (43yo)

    CFO & Director

    • Tenure: 7.0yrs
    • Compensation: $262.70k
  • Allan Pratt (61yo)

    CEO, President & Director

    • Tenure: 2.6yrs
    • Compensation: $293.02k

Board Members

  • Laurie Bradley (64yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: $39.52k
  • Andrew Pilaro (49yo)

    Director

    • Tenure: 18.8yrs
    • Compensation: $47.43k
  • William Lewis (43yo)

    CFO & Director

    • Tenure: 7.0yrs
    • Compensation: $262.70k
  • Allan Pratt (61yo)

    CEO, President & Director

    • Tenure: 2.6yrs
    • Compensation: $293.02k
  • David Ogden (55yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: $31.62k

Company Information

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


Key Information

  • Name: PAID, Inc.
  • Ticker: PAYD
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: application software
  • Sector: software
  • Market Cap: US$4.796m
  • Shares outstanding: 1.61m
  • Website: Click here

Number of Employees


Location

  • PAID, Inc.
  • 200 Friberg Parkway
  • Suite 4004
  • Westborough
  • Massachusetts
  • 1581
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PAYDOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2016

Biography

PAID, Inc. develops online shipping and tax management tools. It operates through four segments: Client Services, Shipping Calculator Services, Brewery Management Software, and Shipping Coordination and La ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/17 00:47
End of Day Share Price2019/07/16 00:00
Earnings2019/03/31
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.