Genasys (NasdaqCM:GNSS) - Share price, News & Analysis

GNSS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

GNSS Stock Overview

Genasys Inc. a global provider of critical communications hardware and software solutions worldwide.

Rewards

Revenue is forecast to grow 11.84% per year

Risk Analysis

Shareholders have been diluted in the past year

Genasys Competitors

Federal Signal

NYSE:FSS

US$2.0b

Everbridge

NasdaqGM:EVBG

US$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Genasys
Historical stock prices
Current Share Price	US$2.95
52 Week High	US$6.25
52 Week Low	US$2.40
Beta	0.37
1 Month Change	13.46%
3 Month Change	-13.74%
1 Year Change	-48.96%
3 Year Change	-3.60%
5 Year Change	69.54%
Change since IPO	490.00%

Shareholder Returns

	GNSS	US Communications	US Market
7D	-19.4%	0.4%	0.7%
1Y	-49.0%	-4.8%	-10.8%

Return vs Industry: GNSS underperformed the US Communications industry which returned -3.3% over the past year.

Return vs Market: GNSS underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is GNSS's price volatile compared to industry and market?
GNSS volatility
GNSS Average Weekly Movement	10.4%
Communications Industry Average Movement	7.3%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: GNSS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: GNSS's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	148	Richard Danforth	https://genasys.com

Genasys Inc. a global provider of critical communications hardware and software solutions worldwide. The company operates through two segments, Hardware and Software. It provides long range acoustic devices, such as acoustic hailing devices which are used to project sirens and audible voice messages; and Genasys Emergency Management, a software-based product line.

Genasys Fundamentals Summary

How do Genasys's earnings and revenue compare to its market cap?
GNSS fundamental statistics
Market Cap	US$109.37m
Earnings (TTM)	-US$736.00k
Revenue (TTM)	US$51.52m

2.1x

P/S Ratio

-146.6x

P/E Ratio

Is GNSS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNSS income statement (TTM)
Revenue	US$51.52m
Cost of Revenue	US$24.97m
Gross Profit	US$26.55m
Other Expenses	US$27.29m
Earnings	-US$736.00k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	51.53%
Net Profit Margin	-1.43%
Debt/Equity Ratio	0.4%

How did GNSS perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.67x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: GNSS ($2.95) is trading above our estimate of fair value ($0.84)

Significantly Below Fair Value: GNSS is trading above our estimate of fair value.

Price To Earnings Ratio

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

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

Price to Book Ratio

PB vs Industry: GNSS's PB Ratio (1.7x) is in line with the US Communications industry average.

Future Growth

How is Genasys forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

158.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GNSS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GNSS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GNSS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GNSS's revenue (11.8% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: GNSS's revenue (11.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

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

Past Performance

How has Genasys performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

52.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GNSS is currently unprofitable.

Growing Profit Margin: GNSS is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: GNSS is unprofitable, but has reduced losses over the past 5 years at a rate of 52% per year.

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

Earnings vs Industry: GNSS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (38.2%).

Return on Equity

High ROE: GNSS has a negative Return on Equity (-1.14%), as it is currently unprofitable.

Financial Health

How is Genasys's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: GNSS's short term assets ($31.1M) exceed its short term liabilities ($14.3M).

Long Term Liabilities: GNSS's short term assets ($31.1M) exceed its long term liabilities ($6.3M).

Debt to Equity History and Analysis

Debt Level: GNSS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if GNSS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GNSS's debt is well covered by operating cash flow (1003.7%).

Interest Coverage: Insufficient data to determine if GNSS's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate GNSS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GNSS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GNSS's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: GNSS is not paying a notable dividend for the US market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GNSS has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Tech industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure

CEO

Richard Danforth (61 yo)

5.75yrs

Tenure

US$817,683

Compensation

Mr. Richard S. Danforth has been the Chief Executive Officer at Genasys Inc. (formerly known as LRAD Corporation) since August 1, 2016. Mr. Danforth founded RsD Aero, Ltd. in October 2013.He served as the...

CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD817.68K) is about average for companies of similar size in the US market ($USD770.21K).

Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: GNSS's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Experienced Board: GNSS's board of directors are not considered experienced ( 2.9 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 diluted in the past year, with total shares outstanding growing by 8.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2022/03/31
Annual Earnings	2021/09/30