OTCPK:VNUE

Stock Analysis Report

Executive Summary

VNUE, Inc., operates as a live entertainment music technology company.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

50.0%

VNUE

-2.6%

US Software

-1.0%

US Market


1 Year Return

-90.9%

VNUE

35.8%

US Software

18.0%

US Market

Return vs Industry: VNUE underperformed the US Software industry which returned 35.8% over the past year.

Return vs Market: VNUE underperformed the US Market which returned 18% over the past year.


Shareholder returns

VNUEIndustryMarket
7 Day50.0%-2.6%-1.0%
30 Day-25.0%4.9%0.6%
90 Day-40.0%15.2%7.9%
1 Year-90.9%-90.9%37.3%35.8%20.4%18.0%
3 Year-98.9%-98.9%145.0%134.6%48.0%38.5%
5 Year-99.3%-99.3%214.6%191.9%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

Future Growth

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

11.2%

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

Past Performance

How has VNUE performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VNUE is currently unprofitable.

Growing Profit Margin: VNUE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VNUE is unprofitable, but has reduced losses over the past 5 years at a rate of 6% per year.

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

Earnings vs Industry: VNUE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).


Return on Equity

High ROE: VNUE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is VNUE's financial position?


Financial Position Analysis

Short Term Liabilities: VNUE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: VNUE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: VNUE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: VNUE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: VNUE has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: VNUE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VNUE has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.4% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.4yrs

Average management tenure


CEO

M. Bair (57yo)

3.8yrs

Tenure

US$170,000

Compensation

Mr. M. Zach Bair has been the Chairman, Chief Accounting Officer and Chief Executive Officer of VNUE, Inc. since May 17, 2016 and has been its President since July 20, 2018. He joined VNUE, Inc. in May 201 ...


CEO Compensation Analysis

Compensation vs Market: M.'s total compensation ($USD170.00K) is below average for companies of similar size in the US market ($USD522.55K).

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


Leadership Team

NamePositionTenureCompensationOwnership
M. Bair
Chairman3.8yrsUS$170.00k3.4% $9.0k
Louis Mann
Executive VP & Director1.6yrsUS$63.05k1.7% $4.5k
James King
Chief Technology Officer1yrsno datano data
Christopher Nocera
Chief Information Officer0yrsno datano data
Brian Penick
Chief Marketing Officer1.8yrsno datano data
Peter Slavish
Chief Content Officer & Product Manager4.6yrsno datano data
Anthony Cardenas
Chief Creative Officer3.8yrsno data0.11% $300.0
Thomas Weaver
Special Advisory to CEO and Chairman1.2yrsno datano data

2.4yrs

Average Tenure

58yo

Average Age

Experienced Management: VNUE's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
M. Bair
Chairman3.8yrsUS$170.00k3.4% $9.0k
Louis Mann
Executive VP & Director1.6yrsUS$63.05k1.7% $4.5k
Anthony Cardenas
Chief Creative Officer3.8yrsno data0.11% $300.0
Nick Lippman
Advisory Board1.3yrsno datano data

2.7yrs

Average Tenure

57yo

Average Age

Experienced Board: VNUE's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 261.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: VNUE, Inc.
  • Ticker: VNUE
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$265.673k
  • Shares outstanding: 885.58m
  • Website: https://www.vnue.com

Number of Employees


Location

  • VNUE, Inc.
  • 104 West 29th Street
  • 11th Floor
  • New York
  • New York
  • 10001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VNUEOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2013

Biography

VNUE, Inc., operates as a live entertainment music technology company. It offers a suite of products and services that monetize and monitor music for artists, labels, performing rights organizations, publishers, writers, radio stations, venues, restaurants, bars, and other stakeholders in music. The company provides Set.fm/DiscLive Network, a digital live music distribution consumer app platform that allows users to record and sell live shows directly to fans’ mobile devices, and instant physical collectible products are recorded and sold at shows and online through its DiscLive Network partner; and Soundstr, a music identification and rights management cloud platform that track and audit public performances of music. VNUE, Inc. was founded in 2013 and is based in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:26
End of Day Share Price2020/02/21 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.