OTCPK:VRCP

Stock Analysis Report

Virtual Crypto Technologies

Executive Summary

Virtual Crypto Technologies Inc., through its subsidiary Virtual Crypto Technologies Ltd, develops and markets software and hardware for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs, and mobile devices.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Virtual Crypto Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-21.2%

VRCP

-0.9%

US Software

1.8%

US Market


1 Year Return

-62.8%

VRCP

22.0%

US Software

7.3%

US Market


Shareholder returns

VRCPIndustryMarket
7 Day-21.2%-0.9%1.8%
30 Day11.7%-0.7%-0.7%
90 Day-8.8%-4.2%0.06%
1 Year-62.8%-62.8%23.7%22.0%9.7%7.3%
3 Year-91.6%-91.6%119.6%111.0%46.3%36.9%
5 Yearn/a171.5%151.9%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Virtual Crypto Technologies undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: VRCP 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 VRCP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VRCP has negative assets, so we can't compare its PB Ratio to the US Software industry average.


Next Steps

Future Growth

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

15.0%

Forecasted Software industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if VRCP's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if VRCP'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: Insufficient data to determine if VRCP's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if VRCP's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Virtual Crypto Technologies performed over the past 5 years?

-37.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VRCP is unprofitable, and losses have increased over the past 5 years at a rate of -37.5% per year.

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

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


Return on Equity

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


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Virtual Crypto Technologies's financial position?


Financial Position Analysis

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

Long Term Liabilities: VRCP 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: VRCP has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

Information is not available.

Information is not available.


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: VRCP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VRCP has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.5% each year.


Next Steps

Dividend

What is Virtual Crypto Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if VRCP'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 VRCP'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 Virtual Crypto Technologies's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Alon Dayan (42yo)

1.1yrs

Tenure

0

Mr. Alon Dayan has been Director of Virtual Crypto Technologies, Inc since March 14, 2018 and its CEO since June 30, 2018. Mr. Dayan was appointed as CEO of the Registrant’s wholly-owned Israeli subsidiar ...


Management Age and Tenure

1.4yrs

Average Tenure

46yo

Average Age

Experienced Management: VRCP's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

42yo

Average Age

Experienced Board: VRCP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Gadi Levin (46yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Alimi Ahmed (49yo)

    Business Development Consultant

    • Tenure: 1.4yrs
  • Alon Dayan (42yo)

    CEO & Director

    • Tenure: 1.1yrs
  • Royi Ithzak

    CSO of Virtual Crypto Technologies Ltd

    • Tenure: 0yrs

Board Members

  • Ben-Zion Weiner (75yo)

    Member of Scientific Advisory Board

    • Tenure: 3.2yrs
  • Perry Robins

    Member of Medical Advisory Board

    • Tenure: 3.2yrs
  • Eyal Ben-Ami (42yo)

    Director

    • Tenure: 1.5yrs
  • Alon Dayan (42yo)

    CEO & Director

    • Tenure: 1.1yrs

Company Information

Virtual Crypto Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Virtual Crypto Technologies Inc.
  • Ticker: VRCP
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$5.014m
  • Shares outstanding: 7.48m
  • Website: https://www.virtual-crypto.com

Number of Employees


Location

  • Virtual Crypto Technologies Inc.
  • 11 Ha’amal Street
  • Rosh Ha'Ayin
  • 4809174
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VRCPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2015

Biography

Virtual Crypto Technologies Inc., through its subsidiary Virtual Crypto Technologies Ltd, develops and markets software and hardware for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/25 23:53
End of Day Share Price2019/07/25 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.