OTCPK:VRXW.F

Stock Analysis Report

Executive Summary

MediaValet Inc. provides enterprise cloud-based digital asset management (DAM) software worldwide.

Risk Analysis

Earnings have declined by -6.17% per year over past 5 years

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

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

+ 2 more risks


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

8.5%

VRXW.F

1.7%

US Software

1.5%

US Market


1 Year Return

n/a

VRXW.F

42.3%

US Software

20.1%

US Market

Return vs Industry: Insufficient data to determine how VRXW.F performed against the US Software industry.

Return vs Market: Insufficient data to determine how VRXW.F performed against the US Market.


Shareholder returns

VRXW.FIndustryMarket
7 Day8.5%1.7%1.5%
30 Day19.7%7.7%1.4%
90 Dayn/a18.4%8.7%
1 Yearn/a43.9%42.3%22.7%20.1%
3 Year7.6%7.6%152.8%142.4%50.1%40.5%
5 Year38.0%38.0%224.7%201.5%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

Future Growth

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

11.4%

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

Past Performance

How has MediaValet performed over the past 5 years?

-6.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VRXW.F is currently unprofitable.

Growing Profit Margin: VRXW.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VRXW.F is unprofitable, and losses have increased over the past 5 years at a rate of -6.2% per year.

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

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


Return on Equity

High ROE: VRXW.F'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 MediaValet's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: VRXW.F 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: VRXW.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: VRXW.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -21.1% each year.


Next Steps

Dividend

What is MediaValet'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 VRXW.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if VRXW.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 VRXW.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?

2.9yrs

Average management tenure


CEO

David MacLaren 0

19.1yrs

Tenure

CA$200,000

Compensation

Mr. David Scott MacLaren founded Vrx Worldwide, Inc (Currently Known as MediaValet Inc.) in January 2000 and has been its Chief Executive Officer and President since January 2001. Mr. MacLaren also founded ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD150.92K) is below average for companies of similar size in the US market ($USD521.92K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Robert Chase
Executive Chairman & CFO4.9yrsCA$185.65k11.86% CA$3.4m
David MacLaren
Founder19.1yrsCA$200.00k2.07% CA$596.9k
Jean Lozano
Chief Technology Officer9.6yrsCA$185.00k0.11% CA$30.9k
Eric Simmons
Vice President of Sales2.9yrsCA$200.07kno data
Philippe de Alberti
Head of Product0yrsno datano data
Vernon Dsouza
Head of information security0.5yrsno datano data

2.9yrs

Average Tenure

Experienced Management: VRXW.F's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Chase
Executive Chairman & CFO4.9yrsCA$185.65k11.86% CA$3.4m
David MacLaren
Founder19.1yrsCA$200.00k2.07% CA$596.9k
Francis Shen
Director0.4yrsno data0.16% CA$45.6k
Jake Sorofman
Independent Director1yrsno datano data
Judith Richardson
Independent Director13.1yrsCA$18.00k0.073% CA$21.1k
Robert Garnett
Independent Director10.9yrsCA$18.00k0.30% CA$86.5k
Thomas Kenny
Independent Director1yrsno data2.37% CA$683.1k

4.9yrs

Average Tenure

61yo

Average Age

Experienced Board: VRXW.F's board of directors are considered experienced (4.9 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 been diluted in the past year, with total shares outstanding growing by 36.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: MediaValet Inc.
  • Ticker: VRXW.F
  • Exchange: OTCPK
  • Founded: 1993
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$38.225m
  • Listing Market Cap: CA$28.844m
  • Shares outstanding: 24.35m
  • Website: https://www.mediavalet.com

Number of Employees


Location

  • MediaValet Inc.
  • 990 Homer Street
  • 5th floor
  • Vancouver
  • British Columbia
  • V6B 2W7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MVPTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 1994
VRXW.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 1994

Biography

MediaValet Inc. provides enterprise cloud-based digital asset management (DAM) software worldwide. The company offers Creative Spaces, a hybrid desktop application to accelerate the local production and sync with a software-as-a-service based DAM. It also designs mobile applications for iOS, Android, and Windows devices; and offers content publishing and analytics services. The company serves agency, government, healthcare, higher education, manufacturing, non-profit organization, real estate and construction, retail and e-commerce, and technology industries. The company was formerly known as VRX Worldwide Inc. and changed its name to MediaValet Inc. in October 2014. MediaValet Inc. was founded in 1993 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:22
End of Day Share Price2020/02/14 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.