OTCPK:PPRR.F

Stock Analysis Report

Executive Summary

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes.

Rewards

Revenue is forecast to grow 23.4% per year

Risk Analysis

Earnings have declined by -12.02% per year over past 5 years

Shares are highly illiquid

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap ($114M)



Snowflake Analysis

Adequate balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PPRR.F

1.4%

US Software

0.06%

US Market


1 Year Return

106.0%

PPRR.F

43.7%

US Software

19.4%

US Market

Return vs Industry: PPRR.F exceeded the US Software industry which returned 42.3% over the past year.

Return vs Market: PPRR.F exceeded the US Market which returned 20.1% over the past year.


Shareholder returns

PPRR.FIndustryMarket
7 Day0%1.4%0.06%
30 Day46.3%8.2%1.1%
90 Day34.4%19.0%8.9%
1 Year106.0%106.0%45.2%43.7%21.9%19.4%
3 Yearn/a154.0%143.2%48.9%39.3%
5 Yearn/a224.9%201.4%71.9%53.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

43.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PPRR.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PPRR.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PPRR.F is overvalued based on its PB Ratio (48x) compared to the US Software industry average (6x).


Next Steps

Future Growth

How is ProntoForms forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

23.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PPRR.F's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if PPRR.F's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PPRR.F's revenue (23.4% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: PPRR.F's revenue (23.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PPRR.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has ProntoForms performed over the past 5 years?

-12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPRR.F is currently unprofitable.

Growing Profit Margin: PPRR.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PPRR.F is unprofitable, and losses have increased over the past 5 years at a rate of -12% per year.

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

Earnings vs Industry: PPRR.F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (17.1%).


Return on Equity

High ROE: PPRR.F has a negative Return on Equity (-105.57%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ProntoForms's financial position?


Financial Position Analysis

Short Term Liabilities: PPRR.F's short term assets ($9.2M) exceed its short term liabilities ($5.2M).

Long Term Liabilities: PPRR.F's short term assets ($9.2M) exceed its long term liabilities ($3.5M).


Debt to Equity History and Analysis

Debt Level: PPRR.F's debt to equity ratio (146.1%) is considered high.

Reducing Debt: PPRR.F's debt to equity ratio has increased from 30.7% to 146.1% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: PPRR.F's debt is covered by short term assets (assets are 3.5x 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.

Stable Cash Runway: PPRR.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PPRR.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -14.7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if PPRR.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 PPRR.F'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?

2.1yrs

Average management tenure


CEO

Alvaro Pombo 0

US$397,324

Compensation

Mr. Alvaro Pombo is the Founder of ProntoForms Corporation and serves as its Chief Executive Officer and President. Mr. Pombo plays an active part in all corporate activities including research and develop ...


CEO Compensation Analysis

Compensation vs Market: Alvaro's total compensation ($USD300.34K) is below average for companies of similar size in the US market ($USD521.92K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Alvaro Pombo
Founder0yrsUS$397.32k3.66% $2.9m
David Croucher
Chief Financial Officer10.3yrsUS$250.78k0.50% $393.7k
Marty Gowling
Vice President of Operations2.1yrsUS$194.51kno data
Mark Scott
Vice President of Marketing0yrsUS$257.29k0.49% $382.5k
Michael Cho
Senior Vice President of Global Sales1.4yrsUS$282.77kno data
Glenn Chenier
Chief Product Officer2.1yrsUS$260.43k0.56% $439.6k
Mansell Nelson
Senior Vice President of Business Development0yrsUS$254.12k0.033% $26.2k
Cindy McGann
General Counsel0yrsno datano data
Lisa Scian
Vice President of People & Culture0yrsno datano data

2.1yrs

Average Tenure

Experienced Management: PPRR.F's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alvaro Pombo
Founder0yrsUS$397.32k3.66% $2.9m
Terence Matthews
Independent Chairman of the Board0yrsUS$36.24k0.037% $29.5k
Philip Deck
Independent Director4.3yrsUS$23.12kno data
Edward Ogonek
Independent Director8.5yrsUS$23.12k0.16% $124.7k
Jonathan Shantz
Independent Director10.5yrsUS$23.12k0.14% $111.5k
Michael Cristinziano
Independent Director3.3yrsUS$34.68kno data
James Davies
Independent Director9.7yrsUS$23.12k0.42% $329.4k
Bruce Joyce
Independent Director5.8yrsUS$34.68k0.12% $95.1k

8.5yrs

Average Tenure

57yo

Average Age

Experienced Board: PPRR.F's board of directors are considered experienced (8.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ProntoForms Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ProntoForms Corporation
  • Ticker: PPRR.F
  • Exchange: OTCPK
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$104.486m
  • Listing Market Cap: CA$78.799m
  • Shares outstanding: 120.10m
  • Website: https://www.prontoforms.com

Location

  • ProntoForms Corporation
  • 2500 Solandt
  • Suite 250
  • Kanata
  • Ontario
  • K2K 3G5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PFMTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2009
PPRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2009
771BST (Boerse-Stuttgart)YesCommon SharesDEEURAug 2009

Biography

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes. Its ProntoForms mobile platform enables remote workers to access data collection forms on a mobile device, access company data in the field, and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes with an OS-native mobile data collection app. The company also provides solutions for inspection and audit, installation and maintenance, and asset and safety management. It operates in the United States, Canada, the United Kingdom, Mexico, and internationally. The company was formerly known as TrueContext Mobile Solutions Corporation and changed its name to ProntoForms Corporation in June 2013. ProntoForms Corporation was founded in 2001 and is based in Kanata, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 02:06
End of Day Share Price2020/02/11 00:00
Earnings2019/09/30
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.