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Minds + Machines Group

OTCPK:TLVL.F
Snowflake Description

Mediocre balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TLVL.F
OTCPK
£54M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Minds + Machines Group Limited provides domain services in the British Virgin Islands, Ireland, the United Kingdom, Germany, Hungary, China, and the United States. The last earnings update was 47 days ago. More info.


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TLVL.F Share Price and Events
7 Day Returns
0%
OTCPK:TLVL.F
0.8%
US IT
-0.7%
US Market
1 Year Returns
-
OTCPK:TLVL.F
19.9%
US IT
3%
US Market
TLVL.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Minds + Machines Group (TLVL.F) 0% 0% - - -46.2% -72.5%
US IT 0.8% 0.5% 9.5% 19.9% 85.3% 103.7%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • No trading data on TLVL.F.
  • No trading data on TLVL.F.
Price Volatility
TLVL.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Minds + Machines Group's competitors could be found in our database.

TLVL.F Value

 Is Minds + Machines Group 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
Here we compare the current share price of Minds + Machines Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Minds + Machines Group.

OTCPK:TLVL.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:TLVL.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.056 (1 + (1- 34%) (4.39%))
1.058
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.058 * 5.96%)
9.03%

Discounted Cash Flow Calculation for OTCPK:TLVL.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Minds + Machines Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:TLVL.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.03%)
2019 1.59 Analyst x1 1.46
2020 1.60 Est @ 0.38% 1.34
2021 1.62 Est @ 1.09% 1.25
2022 1.64 Est @ 1.58% 1.16
2023 1.67 Est @ 1.92% 1.09
2024 1.71 Est @ 2.17% 1.02
2025 1.75 Est @ 2.34% 0.95
2026 1.79 Est @ 2.45% 0.90
2027 1.84 Est @ 2.54% 0.84
2028 1.89 Est @ 2.59% 0.79
Present value of next 10 years cash flows $10.81
OTCPK:TLVL.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1.89 × (1 + 2.73%) ÷ (9.03% – 2.73%)
$30.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $30.73 ÷ (1 + 9.03%)10
$12.94
OTCPK:TLVL.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $10.81 + $12.94
$23.74
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $23.74 / 924.86
$0.02
OTCPK:TLVL.F Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:MMX)
0.785
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.03 x 0.785
£0.02
Value per share (USD) From above. $0.02
Current discount Discount to share price of $0.07
= -1 x ($0.07 - $0.02) / $0.02
-187.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Minds + Machines Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Minds + Machines Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Minds + Machines Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TLVL.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.02
AIM:MMX Share Price ** AIM (2019-04-02) in GBP £0.06
AIM:MMX Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.273 $0.07
United States of America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 30.79x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

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

** Primary Listing of Minds + Machines Group.

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

= AIM:MMX Share Price ÷ EPS (both in USD)

= 0.07 ÷ -0.02

-4.39x

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

  • Minds + Machines Group is loss making, we can't compare its value to the US IT industry average.
  • Minds + Machines Group 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 Minds + Machines Group's expected growth come at a high price?
Raw Data
OTCPK:TLVL.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America IT Industry PEG Ratio Median Figure of 65 Publicly-Listed IT Companies 2.27x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*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 Minds + Machines Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Minds + Machines Group's assets?
Raw Data
OTCPK:TLVL.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.09
AIM:MMX Share Price * AIM (2019-04-02) in GBP £0.06
AIM:MMX Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.273 $0.07
United States of America IT Industry PB Ratio Median Figure of 125 Publicly-Listed IT Companies 4.47x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:TLVL.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MMX Share Price ÷ Book Value per Share (both in USD)

= 0.07 ÷ 0.09

0.79x

* Primary Listing of Minds + Machines Group.

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

  • Minds + Machines Group is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Minds + Machines Group'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Minds + Machines Group 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.

TLVL.F Future Performance

 How is Minds + Machines Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
16.2%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Minds + Machines Group expected to grow at an attractive rate?
  • Minds + Machines Group is expected to become profitable in the next 1-3 years, this is considered above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Unable to compare Minds + Machines Group's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Minds + Machines Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:TLVL.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.2%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:TLVL.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TLVL.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 18 4 2 1
OTCPK:TLVL.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 13 2 -13
2018-09-30 13 4 -11
2018-06-30 13 6 -10
2018-03-31 12 5 -3
2017-12-31 12 5 4
2017-09-30 11 3 0
2017-06-30 11 1 -3
2017-03-31 12 0 -3
2016-12-31 13 -1 -2
2016-09-30 11 -5 -2
2016-06-30 9 -10 -2
2016-03-31 7 -10 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Minds + Machines Group is expected to become profitable in the next 1-3 years, this is considered high growth.
  • Unable to determine if Minds + Machines Group 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:TLVL.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Minds + Machines Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TLVL.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 0.00 0.00 0.00 1.00
OTCPK:TLVL.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 Minds + Machines Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Minds + Machines Group'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.
Minds + Machines Group has a total score of 2/6, 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.

TLVL.F Past Performance

  How has Minds + Machines Group 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 Minds + Machines Group's growth in the last year to its industry (IT).
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.
  • Minds + Machines Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Minds + Machines Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Minds + Machines Group's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
Minds + Machines Group'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 Minds + Machines Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TLVL.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 12.57 -12.65 10.11
2018-09-30 12.77 -11.47 10.24
2018-06-30 12.96 -10.29 10.38
2018-03-31 12.46 -3.22 9.08
2017-12-31 11.95 3.86 7.78
2017-09-30 11.43 0.50 7.60
2017-06-30 10.91 -2.86 7.42
2017-03-31 12.20 -2.52 7.67
2016-12-31 13.48 -2.18 7.93
2016-09-30 11.23 -2.33 9.64
2016-06-30 8.98 -2.49 11.35
2016-03-31 7.23 -3.57 13.17
2015-12-31 5.48 -4.65 14.98
2015-09-30 5.58 3.50 14.81
2015-06-30 5.15 15.33 14.87
2015-03-31 3.53 18.81 14.31
2014-12-31 1.92 22.29 13.75
2014-09-30 1.04 15.72 11.16
2014-06-30 0.16 9.32 8.38
2014-03-31 0.11 5.25 6.83
2013-12-31 0.06 1.25 5.19
2013-06-30 0.03 -4.44 4.59
2013-03-31 0.29 -4.18 4.28
2012-12-31 0.59 -4.21 4.24
2012-10-31 0.61 -3.88 4.56
2012-07-31 0.42 -3.98 4.23

*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 Minds + Machines Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Minds + Machines Group has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Minds + Machines Group 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 Minds + Machines Group'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 IT 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.
Minds + Machines Group 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.

TLVL.F Health

 How is Minds + Machines Group'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 Minds + Machines Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Minds + Machines Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Minds + Machines Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Minds + Machines Group'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.
  • Debt is covered by short term assets, assets are 6.5x debt.
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 Minds + Machines Group Company Filings, last reported 4 months ago.

OTCPK:TLVL.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 74.60 3.00 10.37
2018-09-30 74.60 3.00 10.37
2018-06-30 71.08 3.00 9.46
2018-03-31 71.08 3.00 9.46
2017-12-31 65.55 0.00 15.87
2017-09-30 65.55 0.00 15.87
2017-06-30 60.72 0.00 14.23
2017-03-31 60.72 0.00 14.23
2016-12-31 60.48 0.00 15.28
2016-09-30 60.48 0.00 15.28
2016-06-30 74.56 0.00 29.05
2016-03-31 74.56 0.00 29.05
2015-12-31 79.87 0.00 34.65
2015-09-30 79.03 0.00 34.65
2015-06-30 94.35 0.12 46.89
2015-03-31 94.35 0.12 46.89
2014-12-31 94.69 0.34 45.80
2014-09-30 94.69 0.34 45.80
2014-06-30 77.44 0.60 34.25
2014-03-31 75.47 0.58 33.38
2013-12-31 39.29 0.58 14.88
2013-06-30 35.11 0.00 11.18
2013-03-31 35.08 0.00 11.17
2012-12-31 28.01 0.00 3.93
2012-10-31 26.86 0.00 4.92
2012-07-31 26.14 0.00 4.79
  • Minds + Machines Group's level of debt (4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.4% vs 4% today).
  • Debt is well covered by operating cash flow (77.4%, greater than 20% of total debt).
  • Minds + Machines Group is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Minds + Machines Group'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. Minds + Machines Group has a total score of 3/6, 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.

TLVL.F Dividends

 What is Minds + Machines Group'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 Minds + Machines Group dividends.
If you bought $2,000 of Minds + Machines Group 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 Minds + Machines Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Minds + Machines Group'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:TLVL.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 1 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 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 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:TLVL.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31

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

  • Unable to perform a dividend volatility check as Minds + Machines Group has not reported any payouts.
  • Unable to verify if Minds + Machines Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Minds + Machines Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Minds + Machines Group 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 Minds + Machines Group'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 Minds + Machines Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Minds + Machines Group 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.

TLVL.F Management

 What is the CEO of Minds + Machines Group'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
Alastair Hall
COMPENSATION $462,000
AGE 53
TENURE AS CEO 3.1 years
CEO Bio

Mr. Alastair Toby Hall has been Chief Executive Officer of Minds + Machines Group Limited since April 26, 2016. Mr. Hall served as Chief Marketing Officer of Minds + Machines Group Limited from January 11, 2016 to April 26, 2016. Mr. Hall is a highly experienced marketeer who has supported a series of fast growth public and private businesses in the Internet and natural resources sector over the last twenty years. He has been a Director of Minds + Machines Group Limited since April 26, 2016.

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

Average tenure and age of the Minds + Machines Group management team in years:

0.3
Average Tenure
59
Average Age
  • The average tenure for the Minds + Machines Group management team is less than 2 years, this suggests a new team.
Management Team

Alastair Hall

TITLE
CEO & Director
COMPENSATION
$462K
AGE
53
TENURE
3.1 yrs

Michael Salazar

TITLE
COO, CFO & Executive Director
COMPENSATION
$407K
TENURE
6.4 yrs

Len Bayles

TITLE
Chief Technology Officer
TENURE
0.3 yrs

Sheri Falcon

TITLE
General Counsel
TENURE
0.3 yrs

Christa Taylor

TITLE
Chief Marketing Officer
TENURE
0.3 yrs

Scott Doré

TITLE
MD & Wealth Manager

Tony Farrow

TITLE
Senior Vice President
TENURE
0.3 yrs

Deep Shah

TITLE
Financial Controller

Louis Andreozzi

TITLE
Chief Executive Officer of Dot Law
AGE
59

David de Jongh Weill

TITLE
Special Advisor of China
COMPENSATION
$10K
AGE
59
Board of Directors Tenure

Average tenure and age of the Minds + Machines Group board of directors in years:

3.3
Average Tenure
53
Average Age
  • The tenure for the Minds + Machines Group board of directors is about average.
Board of Directors

Guy Elliott

TITLE
Non Executive Chairman
COMPENSATION
$100K
AGE
59
TENURE
3.3 yrs

Alastair Hall

TITLE
CEO & Director
COMPENSATION
$462K
AGE
53
TENURE
3.1 yrs

Michael Salazar

TITLE
COO, CFO & Executive Director
COMPENSATION
$407K
TENURE
6.4 yrs

Bryan Disher

TITLE
Independent Non-Executive Director
TENURE
0.1 yrs

Henry Arthur Turcan

TITLE
Non-Executive Director
COMPENSATION
$58K
AGE
44
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. May 19 Buy Lombard Odier Asset Management (Europe) Limited Company 16. May 19 16. May 19 76,000 $0.07 $5,445
15. May 19 Buy Lombard Odier Asset Management (Europe) Limited Company 14. May 19 14. May 19 500,000 $0.07 $35,506
08. Jan 19 Buy Lombard Odier Asset Management (Europe) Limited Company 07. Jan 19 07. Jan 19 220,000 $0.08 $16,840
04. Jan 19 Buy Lombard Odier Asset Management (Europe) Limited Company 03. Jan 19 03. Jan 19 250,000 $0.08 $18,927
03. Jan 19 Buy Lombard Odier Asset Management (Europe) Limited Company 02. Jan 19 02. Jan 19 300,000 $0.08 $22,657
30. Nov 18 Buy Lombard Odier Asset Management (Europe) Limited Company 28. Nov 18 28. Nov 18 250,000 $0.08 $19,134
22. Nov 18 Buy Lombard Odier Asset Management (Europe) Limited Company 21. Nov 18 21. Nov 18 270,000 $0.08 $20,714
22. Nov 18 Buy Lombard Odier Asset Management (Europe) Limited Company 20. Nov 18 20. Nov 18 575,000 $0.08 $44,212
02. Oct 18 Sell Guy Elliott Individual 28. Sep 18 01. Oct 18 -500,000 $0.08 $-41,580
02. Oct 18 Buy Guy Elliott Individual 28. Sep 18 01. Oct 18 1,000,000 $0.09 $85,642
21. Aug 18 Sell Lombard Odier Asset Management (Europe) Limited Company 14. Aug 18 14. Aug 18 -218,772 $0.11 $-25,092
X
Management checks
We assess Minds + Machines Group'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. Minds + Machines Group 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.

TLVL.F News

Simply Wall St News

TLVL.F Company Info

Description

Minds + Machines Group Limited provides domain services in the British Virgin Islands, Ireland, the United Kingdom, Germany, Hungary, China, and the United States. It operates through Registry Ownership, and Registry Service Provider and Consulting Services segments. The company’s portfolio comprises geographic domains, professional occupations, consumer interests, lifestyle, outdoor activities, and generic names. It also provides back end services for registry. In addition, the company engages in registry ownership business through Internet Corporation for Assigned Names and Numbers- accredited registrars. Further, it has interests in four generic top-level domains. Minds + Machines Group Limited offers its services through a network of registrars and distribution partners to B2B and consumer audiences. The company was formerly known as Top Level Domain Holdings Limited and changed its name to Minds + Machines Group Limited in March 2014. Minds + Machines Group Limited is based in Road Town, the British Virgin Islands.

Details
Name: Minds + Machines Group Limited
TLVL.F
Exchange: OTCPK
Founded:
£68,308,189
924,857,562
Website: http://www.mmx.co
Address: Minds + Machines Group Limited
Craigmuir Chambers,
Road Town,
Tortola, VG 1110,
British Virgin Islands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MMX Ordinary Shares London Stock Exchange AIM Market GB GBP 14. Nov 2007
OTCPK TLVL.F Ordinary Shares Pink Sheets LLC US USD 14. Nov 2007
Number of employees
Current staff
Staff numbers
23
Minds + Machines Group employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 02:32
End of day share price update: 2019/04/02 00:00
Last estimates confirmation: 2019/04/05
Last earnings filing: 2019/04/03
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.