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Resonant

Nasdaq:RESN
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RESN
Nasdaq
$85M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Resonant Inc., a late-stage development company, engages in the development of filter designs for radio frequency (RF) front-ends used in the mobile device industry in the United States. The last earnings update was 6 days ago. More info.


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  • Resonant has significant price volatility in the past 3 months.
RESN Share Price and Events
7 Day Returns
3%
NasdaqCM:RESN
2.4%
US Communications
1.6%
US Market
1 Year Returns
-27.6%
NasdaqCM:RESN
13.7%
US Communications
3.2%
US Market
RESN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Resonant (RESN) 3% -7.6% 144% -27.6% -1.6% -
US Communications 2.4% 6% 20.1% 13.7% 78% 90%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • RESN underperformed the Communications industry which returned 13.7% over the past year.
  • RESN underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
RESN
Industry
5yr Volatility vs Market

RESN Value

 Is Resonant 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
  • It is not possible to calculate the future cash flow value for Resonant. This is due to cash flow or dividend data being unavailable. The share price is $3.05.
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 Resonant's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Resonant's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:RESN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.98
NasdaqCM:RESN Share Price ** NasdaqCM (2019-03-19) in USD $3.05
United States of America Communications Industry PE Ratio Median Figure of 33 Publicly-Listed Communications Companies 30.4x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

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

** Primary Listing of Resonant.

NasdaqCM:RESN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:RESN Share Price ÷ EPS (both in USD)

= 3.05 ÷ -0.98

-3.11x

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

  • Resonant is loss making, we can't compare its value to the US Communications industry average.
  • Resonant 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 Resonant's expected growth come at a high price?
Raw Data
NasdaqCM:RESN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
10%per year
United States of America Communications Industry PEG Ratio Median Figure of 21 Publicly-Listed Communications Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*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 Resonant, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Resonant's assets?
Raw Data
NasdaqCM:RESN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.84
NasdaqCM:RESN Share Price * NasdaqCM (2019-03-19) in USD $3.05
United States of America Communications Industry PB Ratio Median Figure of 67 Publicly-Listed Communications Companies 1.84x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NasdaqCM:RESN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:RESN Share Price ÷ Book Value per Share (both in USD)

= 3.05 ÷ 0.84

3.65x

* Primary Listing of Resonant.

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

  • Resonant is overvalued based on assets compared to the US Communications industry average.
X
Value checks
We assess Resonant'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
  5. Resonant has a total score of 0/6, 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.

RESN Future Performance

 How is Resonant expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

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
10%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Resonant expected to grow at an attractive rate?
  • Unable to compare Resonant's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Resonant's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Resonant's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:RESN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:RESN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 10%
NasdaqCM:RESN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 97.7%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 15.2%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
NasdaqCM:RESN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:RESN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 11 -20 3
2019-12-31 4 -24 5
NasdaqCM:RESN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -18 -25
2018-09-30 1 -17 -26
2018-06-30 1 -16 -24
2018-03-31 1 -15 -22
2017-12-31 1 -14 -22
2017-09-30 1 -14 -19
2017-06-30 1 -14 -18
2017-03-31 0 -12 -17
2016-12-31 0 -11 -15
2016-09-30 0 -10 -13
2016-06-30 0 -8 -11
2016-03-31 0 -8 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Resonant is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Resonant's revenue is expected to grow significantly at over 20% yearly.
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
NasdaqCM:RESN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Resonant Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RESN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.68 -0.57 -0.78 2.00
2019-12-31 -0.87 -0.84 -0.89 2.00
NasdaqCM:RESN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.98
2018-09-30 -1.15
2018-06-30 -1.22
2018-03-31 -1.34
2017-12-31 -1.44
2017-09-30 -1.35
2017-06-30 -1.45
2017-03-31 -1.52
2016-12-31 -1.57
2016-09-30 -1.49
2016-06-30 -1.49
2016-03-31 -1.46

*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 Resonant will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Resonant'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.
Resonant 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.

RESN Past Performance

  How has Resonant 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 Resonant's growth in the last year to its industry (Communications).
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.
  • Resonant does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Resonant's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Resonant's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
Resonant'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 Resonant Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RESN 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 0.52 -24.82 11.55 14.18
2018-09-30 0.57 -26.26 11.61 13.18
2018-06-30 0.56 -24.16 10.58 11.97
2018-03-31 0.65 -22.48 9.47 11.05
2017-12-31 0.65 -21.65 9.24 10.04
2017-09-30 0.67 -18.55 9.06 9.53
2017-06-30 0.59 -18.34 9.03 8.98
2017-03-31 0.43 -17.07 8.96 7.91
2016-12-31 0.30 -15.25 7.81 6.88
2016-09-30 0.12 -12.51 6.57 5.35
2016-06-30 0.09 -11.41 6.09 4.86
2016-03-31 0.03 -10.56 5.45 4.58
2015-12-31 -9.72 4.94 4.31
2015-09-30 -9.42 4.87 4.16
2015-06-30 -7.99 4.17 3.49
2015-03-31 -8.01 3.62 3.43
2014-12-31 -9.73 2.95 2.93
2014-09-30 -13.69 2.10 2.46
2014-06-30 -13.47 1.71 2.30
2014-03-31 -12.02 2.05 1.41
2013-12-31 -8.62 1.62 1.12
2012-12-31 -0.67 0.42 0.24

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

RESN Health

 How is Resonant'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 Resonant's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Resonant is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Resonant's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Resonant'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.
  • Resonant has no debt, it does not need to be covered by short term assets.
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 Resonant Company Filings, last reported 2 months ago.

NasdaqCM:RESN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 22.90 0.00 21.26
2018-09-30 28.32 0.00 26.35
2018-06-30 33.24 0.00 31.15
2018-03-31 34.55 0.00 32.85
2017-12-31 20.65 0.00 19.52
2017-09-30 14.79 0.00 13.53
2017-06-30 10.52 0.00 9.09
2017-03-31 13.87 0.00 12.96
2016-12-31 10.13 0.00 9.83
2016-09-30 14.25 0.00 12.72
2016-06-30 6.51 0.00 5.74
2016-03-31 3.87 0.00 3.06
2015-12-31 6.47 0.00 5.51
2015-09-30 8.70 0.00 7.87
2015-06-30 10.95 0.00 9.78
2015-03-31 12.87 0.00 11.92
2014-12-31 14.69 0.00 13.80
2014-09-30 16.46 0.00 15.67
2014-06-30 17.75 0.00 17.35
2014-03-31 -15.41 8.23 2.12
2013-12-31 -11.46 7.74 3.34
2012-12-31 0.05 0.10 0.09
  • Resonant has no debt.
  • Resonant currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Resonant has sufficient cash runway for 1.1 years based on current free cash flow.
  • Resonant has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 28.7% each year.
X
Financial health checks
We assess Resonant'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. Resonant has a total score of 6/6, 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.

RESN Dividends

 What is Resonant'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 Resonant dividends.
If you bought $2,000 of Resonant 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 Resonant's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Resonant'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
NasdaqCM:RESN 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 5 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 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 3.6%

Industry and Market average data is calculated daily.

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

NasdaqCM:RESN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
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 Resonant has not reported any payouts.
  • Unable to verify if Resonant's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Resonant's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Resonant 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 Resonant'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 Resonant afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Resonant 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.

RESN Management

 What is the CEO of Resonant'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
George Holmes
COMPENSATION $818,619
AGE 55
TENURE AS CEO 2.2 years
CEO Bio

Mr. George B. Holmes has been the Chief Executive Officer of Resonant Inc. since January 10, 2017. Mr. Holmes has been Chief Commercial Officer and Senior Vice President of Worldwide Sales & Marketing at Semblant Limited since October 2015. Mr. Holmes served as President and Chief Commercial Officer of Resonant Inc. from February 29, 2016 to January 13, 2017. Mr. Holmes served as Chief Commercial Officer at Tigo Energy, Inc. since November 18, 2015. Mr. Holmes served as Consultant of Energous Corporation since October 5, 2015. Mr. Holmes has over 30 years of leadership experience in sales & marketing and management spanning a broad range of technologies, including semiconductor, optical components and systems and sub-systems. He has executive management experience in companies of varying sizes, from start-ups to multi-billion dollar corporations, with extensive experience in turn-around and rapid growth opportunities. He served as Chief Commercial Officer of Energous Corporation until October 5, 2015. Mr. Holmes served as Senior Vice President of Sales & Marketing at Energous Corporation since May 2014 and served as its Vice President of Sales & Marketing since October 2013 until May 2014. Mr. Holmes served as Vice President of Worldwide Sales at SolarBridge Technologies, Inc. from February 2011 to June 2013. He was responsible for all sales, business development, applications and sales operations activities for the SolarBridge. Mr. Holmes served as a Partner at aAgave Solutions, LLC since 2007. He served as Senior Vice President of Sales & Marketing at Pure Energy Solutions, Inc. from January 2008 to December 2010. Mr. Holmes served as Vice President of Sales & Marketing and Business Development of X1 Technologies, Inc. since October 2005. He served as acting Vice President of Sales for Powercast Corporation. Prior to X1 Technologies, Mr. Holmes served as Management Consultant focused on the publishing and private equity markets, identifying key market and customer trends. He served as Vice President of North America of Agere Systems, where he was tasked with re-building the North American sales team and developing its national channel strategy. He served as Vice President of Worldwide Sales of Ortel Corporation since November 1997 and served as its Executive Officer since June 1998. He served as Vice President of Broadband Sales of Ortel Corporation from July 1997 to November 1997. He served as Vice President of Worldwide Sales for Aval Communications from November 1996 to June 1997. He served as Vice President of Worldwide Sales for Level One Communications from August 1994 to November 1996. Prior to 1994, he served various sales, marketing, operations and finance positions at SymmetriCom. Mr. Holmes has been a Director of Resonant Inc. since February 29, 2016. Mr. Holmes holds a B.A. in Business from University of Puget Sound, Diploma in International Business from Nyenrode University in The Netherlands and completed the AEA Executive Institute, Management of Technology Companies program at Stanford University.

CEO Compensation
  • George's compensation has been consistent with company performance over the past year.
  • George's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Resonant management team in years:

2.2
Average Tenure
61
Average Age
  • The tenure for the Resonant management team is about average.
Management Team

George Holmes

TITLE
CEO & Director
COMPENSATION
$819K
AGE
55
TENURE
2.2 yrs

Robert Hammond

TITLE
Co-Founder & CTO
COMPENSATION
$561K
AGE
70

Neal Fenzi

TITLE
Co-Founder & Executive VP of Engineering
COMPENSATION
$324K
AGE
58

Marty McDermut

TITLE
CFO & Secretary
AGE
67
TENURE
0.3 yrs

Barry Waxman

TITLE
Vice President of Sales & Marketing
AGE
64
TENURE
3.2 yrs

Mike Eddy

TITLE
Vice President of Corporate Business Development & Marketing
AGE
55
TENURE
2 yrs

Lisa Wolf

TITLE
Vice President of Finance
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the Resonant board of directors in years:

3.1
Average Tenure
58
Average Age
  • The tenure for the Resonant board of directors is about average.
Board of Directors

John Major

TITLE
Chairman of the Board
COMPENSATION
$150K
AGE
72
TENURE
3.8 yrs

George Holmes

TITLE
CEO & Director
COMPENSATION
$819K
AGE
55
TENURE
3.1 yrs

Janet Katherine Cooper

TITLE
Non-Employee Independent Director
COMPENSATION
$100K
AGE
64
TENURE
5.2 yrs

Jean Rankin

TITLE
Director
COMPENSATION
$118K
AGE
59
TENURE
1.7 yrs

Sean Curry

TITLE
Member of Advisory Board
TENURE
3.6 yrs

Chris Conlin

TITLE
Member of Advisory Board
TENURE
3.6 yrs

Michael Fox

TITLE
Independent Director
COMPENSATION
$100K
AGE
41
TENURE
3.1 yrs

Brett Conrad

TITLE
Director
AGE
57
TENURE
0.8 yrs

Alan Howe

TITLE
Director
AGE
57
TENURE
0.8 yrs

Jack Jacobs

TITLE
Director
AGE
72
TENURE
0.8 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 ($) Value ($)
19. Dec 18 Buy Josh Jacobs Individual 17. Dec 18 17. Dec 18 3,500 $1.48 $5,180
19. Dec 18 Buy John Major Individual 17. Dec 18 17. Dec 18 66,758 $1.45 $96,465
18. Jun 18 Buy Park City Capital, LLC Company 14. Jun 18 15. Jun 18 100,000 $5.62 $560,785
X
Management checks
We assess Resonant'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. Resonant 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.

RESN News

Simply Wall St News

Are Resonant Inc.'s (NASDAQ:RESN) Interest Costs Too High?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is RESN growing fast enough to value financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Resonant Inc. (NASDAQ:RESN): What Does Its Beta Value Mean For Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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How Much Are Resonant Inc. (NASDAQ:RESN) Insiders Spending On Buying Shares?

We often see insiders buying up shares in companies that perform well over the long term. … Chairman of the Board John Major made the biggest insider purchase in the last 12 months. … In the last twelve months there was more buying than selling by Resonant insiders

Simply Wall St -

What Kind Of Investor Owns Most Of Resonant Inc (NASDAQ:RESN)?

A look at the shareholders of Resonant Inc (NASDAQ:RESN) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Resonant is a smaller company with a market capitalization of US$53m, so it may still be flying under the radar of many institutional investors.

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Should You Be Concerned About Resonant Inc's (NASDAQ:RESN) Investors?

In this article, I'm going to take a look at Resonant Inc’s (NASDAQ:RESN) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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Did Insiders Buy On Resonant Inc's (NASDAQ:RESN) Price Volatility?

some insider buying over the past three months, with insiders investing in. … It is widely considered that insider buying stock in their own companies is potentially a bullish signal … A two-decade research published in The MIT Press (1998) showed that stocks following insider buying outperformed the market by 4.5%

Simply Wall St -

Was Resonant Inc's (NASDAQ:RESN) Earnings Decline Part Of A Broader Industry Downturn?

Assessing Resonant Inc's (NASDAQ:RESN) past track record of performance is an insightful exercise for investors. … Today I will assess RESN's recent performance announced on 31 March 2018 and evaluate these figures to its long-term trend and industry movements. … Was RESN weak performance lately part of a long-term decline.

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When Should You Buy Resonant Inc (NASDAQ:RESN)?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … RESN’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. … If you believe RESN should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

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Is Resonant Inc (NASDAQ:RESN) Undervalued?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … Resonant’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. … If you believe Resonant should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

Simply Wall St -

Was Resonant Inc's (RESN) EPS Decline A Part Of Broader Industry Downturn?

When Resonant Inc (NASDAQ:RESN) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for Resonant Was RESN's recent earnings decline worse than the long-term trend and the industry? … I prefer to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

Simply Wall St -

RESN Company Info

Description

Resonant Inc., a late-stage development company, engages in the development of filter designs for radio frequency (RF) front-ends used in the mobile device industry in the United States. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation, as well as filter designs to replace various filters and associated componentry for various bands. Resonant Inc. was founded in 2012 and is headquartered in Goleta, California.

Details
Name: Resonant Inc.
RESN
Exchange: NasdaqCM
Founded: 2012
$84,571,580
27,728,387
Website: http://www.resonant.com
Address: Resonant Inc.
110 Castilian Drive,
Suite 100,
Goleta,
California, 93117,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM RESN Common Stock Nasdaq Capital Market US USD 29. May 2014
DB 2EK Common Stock Deutsche Boerse AG DE EUR 29. May 2014
Number of employees
Current staff
Staff numbers
70
Resonant employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:34
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/18
Last earnings filing: 2019/03/14
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.