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Aurora Solar Technologies

OTCPK:AACT.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AACT.F
OTCPK
CA$4M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada, the United States, Europe, and Asia. The last earnings update was 20 days ago. More info.


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  • Aurora Solar Technologies has significant price volatility in the past 3 months.
AACT.F Share Price and Events
7 Day Returns
0%
OTCPK:AACT.F
2.4%
US Electronic
2.4%
US Market
1 Year Returns
-77.1%
OTCPK:AACT.F
-0.7%
US Electronic
1.9%
US Market
AACT.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aurora Solar Technologies (AACT.F) 0% -0.2% -20% -77.1% -72.2% -88.1%
US Electronic 2.4% 1.2% 19.1% -0.7% 59.1% 59.5%
US Market 2.4% 1.7% 11.9% 1.9% 38.2% 42.4%
1 Year Return vs Industry and Market
  • AACT.F underperformed the Electronic industry which returned -0.7% over the past year.
  • AACT.F underperformed the Market in United States of America which returned 1.9% over the past year.
Price Volatility
AACT.F
Industry
5yr Volatility vs Market

AACT.F Value

 Is Aurora Solar Technologies 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 Aurora Solar Technologies. This is due to cash flow or dividend data being unavailable. The share price is $0.039915.
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 Aurora Solar Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aurora Solar Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:AACT.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.03
TSXV:ACU Share Price ** TSXV (2019-03-12) in CAD CA$0.05
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.59x
United States of America Market PE Ratio Median Figure of 3,055 Publicly-Listed Companies 17.61x

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

** Primary Listing of Aurora Solar Technologies.

OTCPK:AACT.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ACU Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.03

-1.32x

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

  • Aurora Solar Technologies is loss making, we can't compare its value to the US Electronic industry average.
  • Aurora Solar Technologies 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 Aurora Solar Technologies's expected growth come at a high price?
Raw Data
OTCPK:AACT.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.48x

*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 Aurora Solar Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aurora Solar Technologies's assets?
Raw Data
OTCPK:AACT.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.02
TSXV:ACU Share Price * TSXV (2019-03-12) in CAD CA$0.05
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.11x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x
OTCPK:AACT.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ACU Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.02

2.04x

* Primary Listing of Aurora Solar Technologies.

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

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

AACT.F Future Performance

 How is Aurora Solar Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Aurora Solar Technologies 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
17%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aurora Solar Technologies expected to grow at an attractive rate?
  • Unable to compare Aurora Solar Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aurora Solar Technologies's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Aurora Solar Technologies's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:AACT.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
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
OTCPK:AACT.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:AACT.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -2 -2
2018-09-30 1 -2 -2
2018-06-30 2 -1 -1
2018-03-31 3 -2 -1
2017-12-31 3 -1 -1
2017-09-30 3 -1 -1
2017-06-30 1 -1 -2
2017-03-31 1 -1 -1
2016-12-31 1 -1 -1
2016-09-30 0 -1 -1
2016-06-30 0 -1 -2
2016-03-31 0 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aurora Solar Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Aurora Solar Technologies is high growth as no revenue estimate data is available.
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
OTCPK:AACT.F 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 0 Analyst Estimates (S&P Global) See Below

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

OTCPK:AACT.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.05
2016-03-31 -0.05

*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 Aurora Solar Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Aurora Solar Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Aurora Solar Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. 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 Aurora Solar Technologies's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Aurora Solar Technologies'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.
Aurora Solar Technologies has a total score of 0/6, 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.

AACT.F Past Performance

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

OTCPK:AACT.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.80 -1.94 1.66 0.54
2018-09-30 1.14 -1.73 1.72 0.51
2018-06-30 2.36 -1.09 1.69 0.50
2018-03-31 2.51 -0.74 1.52 0.53
2017-12-31 2.76 -0.97 1.63 0.76
2017-09-30 2.74 -1.01 1.62 0.57
2017-06-30 1.34 -1.57 1.47 0.46
2017-03-31 1.41 -1.42 1.34 0.37
2016-12-31 0.72 -1.40 1.40
2016-09-30 0.40 -1.46 1.27
2016-06-30 0.46 -1.51 1.54
2016-03-31 0.29 -1.62 1.67
2015-12-31 0.20 -1.94 1.93
2015-09-30 0.20 -1.92 2.00
2015-06-30 0.18 -1.84 1.96
2015-03-31 0.18 -1.82 1.93
2014-12-31 0.11 -1.57 1.58
2014-09-30 0.11 -1.59 1.39
2014-06-30 0.05 -1.64 1.23
2014-03-31 -1.64 1.18
2013-12-31 0.00 -1.48 1.25
2013-09-30 0.00 -1.35 1.27
2013-06-30 0.13 -1.22 1.37
2013-03-31 0.13 -1.21 1.39
2012-12-31 0.13 -1.68 1.70
2012-09-30 0.13 -1.73 1.71
2012-06-30 0.04 -1.58 1.49
2012-03-31 0.04 -1.38 1.30

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

AACT.F Health

 How is Aurora Solar Technologies'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 Aurora Solar Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aurora Solar Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aurora Solar Technologies has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Aurora Solar Technologies'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.
  • Aurora Solar Technologies 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 Aurora Solar Technologies Company Filings, last reported 2 months ago.

OTCPK:AACT.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.94 0.00 1.30
2018-09-30 0.78 0.00 0.21
2018-06-30 1.22 0.00 0.52
2018-03-31 1.98 0.00 0.83
2017-12-31 2.04 0.00 1.50
2017-09-30 2.34 0.00 1.85
2017-06-30 2.13 0.00 2.08
2017-03-31 2.03 0.00 2.00
2016-12-31 0.56 0.00 0.45
2016-09-30 0.63 0.00 0.44
2016-06-30 0.65 0.00 0.60
2016-03-31 0.59 0.00 0.36
2015-12-31 0.85 0.00 0.67
2015-09-30 1.34 0.00 1.03
2015-06-30 1.79 0.00 1.73
2015-03-31 0.50 0.00 0.52
2014-12-31 1.00 0.00 0.91
2014-09-30 1.44 0.00 1.47
2014-06-30 0.42 0.00 0.44
2014-03-31 0.74 0.00 0.78
2013-12-31 1.08 0.00 1.07
2013-09-30 0.69 0.00 0.62
2013-06-30 1.04 0.00 1.03
2013-03-31 0.95 0.00 0.84
2012-12-31 1.16 0.00 1.16
2012-09-30 1.52 0.00 1.40
2012-06-30 0.66 0.00 0.68
2012-03-31 0.43 0.00 0.46
  • Aurora Solar Technologies has no debt.
  • Aurora Solar Technologies had no debt 5 years ago.
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.

  • Aurora Solar Technologies has less than a year of cash runway based on current free cash flow.
  • Aurora Solar Technologies has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.1% each year.
X
Financial health checks
We assess Aurora Solar Technologies'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. Aurora Solar Technologies has a total score of 4/6, 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.

AACT.F Dividends

 What is Aurora Solar Technologies'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 Aurora Solar Technologies dividends.
If you bought $2,000 of Aurora Solar Technologies 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 Aurora Solar Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Aurora Solar Technologies'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
OTCPK:AACT.F 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 0 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
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.

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

  • Unable to perform a dividend volatility check as Aurora Solar Technologies has not reported any payouts.
  • Unable to verify if Aurora Solar Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Aurora Solar Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Aurora Solar Technologies 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 Aurora Solar Technologies'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 Aurora Solar Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aurora Solar Technologies 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.

AACT.F Management

 What is the CEO of Aurora Solar Technologies'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
Gordon Deans
COMPENSATION CA$177,000
AGE 59
TENURE AS CEO 0.3 years
CEO Bio

Mr. Gordon Deans, MEng, PEng, has been Chief Executive Officer and President of Aurora Solar Technologies Inc. since November 15, 2018 and has been its Director since December 21, 2018. He is the Founder of Aurora Solar Technologies Inc. and has been its Chief Operating Officer since May 21, 2016 and serves as its Head of Scientific Advisory Committee. Mr. Deans served as the Chief Technology Officer of Aurora Solar Technologies Inc. since December 2, 2014 until May 21, 2016. Mr. Deans served as the Chief Executive Officer and President of Aurora Solar Technologies Inc. from November 4, 2011 to December 2, 2014. Mr. Deans served as Manager of Environment at Delta Electricity. He held leadership positions at a number of high-technology organizations including Adept Technology (advanced industrial robotics), Nortel Networks (telecommunications equipment) and Norsat International (satellite communications equipment). He has provided business and technical leadership in the successful introduction of numerous new products. Mr. Deans has also consulted in a variety of industries including Telecommunications, Defense & Aerospace and Industrial Automation. He was an Executive on the team that led Adept's turnaround from near-bankruptcy to growth and profitability. He was responsible for Adept's Canadian subsidiary, their machine vision business and worldwide corporate business development, including mergers and acquisitions. Mr. Deans served as Vice President of Business Development and General Manager of Adept Technology Inc. At Norsat, he oversaw all business development, sales and marketing for commercial technology products. Prior to Norsat, he spent 17 years at Bell-Northern Research and Nortel Networks in a variety of engineering, product marketing and business development management roles. Mr. Deans served as a Director of Aurora Solar Technologies Inc. from November 03, 2011 to February 3, 2016. Mr. Deans holds a Master of Engineering degree from Carleton University and a Bachelor of Science in Electrical Engineering from Queen's University. Mr. Deans has also completed the Sales Management Program at Queen's University.

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

Gordon Deans

TITLE
Founder
COMPENSATION
CA$177K
AGE
59
TENURE
0.3 yrs

Viktoriya Griffin

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Shirley Kancs

TITLE
Secretary
AGE
65

Steve McDonald

TITLE
Vice President of Business Development

Kenneth Cadien

TITLE
Scientific Advisor & Member of Advisory Committee
AGE
67

Steve Blaine

TITLE
Product & Technology Advisor and Member of Advisory Committee
COMPENSATION
CA$195K
AGE
60

Vinay Prasad

TITLE
Scientific Advisor & Member of Advisory Committee
Board of Directors Tenure

Average tenure and age of the Aurora Solar Technologies board of directors in years:

2.3
Average Tenure
59.5
Average Age
  • The average tenure for the Aurora Solar Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gordon Deans

TITLE
Founder
COMPENSATION
CA$177K
AGE
59

Robert Toyoda

TITLE
Independent Director
COMPENSATION
CA$10K
AGE
50
TENURE
9.2 yrs

Kevin Dodds

TITLE
Director
COMPENSATION
CA$10K
TENURE
2.3 yrs

John McNicol

TITLE
Independent Director
COMPENSATION
CA$43K
TENURE
2.3 yrs

Kenneth Cadien

TITLE
Scientific Advisor & Member of Advisory Committee
AGE
67

Steve Blaine

TITLE
Product & Technology Advisor and Member of Advisory Committee
COMPENSATION
CA$195K
AGE
60

Vinay Prasad

TITLE
Scientific Advisor & Member of Advisory Committee
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 ($) Value ($)
05. Feb 19 Buy Gordon Deans Individual 25. Jan 17 09. May 18 198,610 $0.15 $28,997
19. Nov 18 Buy Steve McDonald Individual 15. Nov 18 15. Nov 18 100,000 $0.04 $3,784
18. Nov 18 Buy Nec Capital Inc, Asset Management Arm Company 15. Nov 18 15. Nov 18 300,000 $0.04 $11,352
18. Nov 18 Buy John McNicol Individual 15. Nov 18 15. Nov 18 300,000 $0.04 $11,352
18. Nov 18 Buy Gordon Deans Individual 15. Nov 18 15. Nov 18 200,000 $0.04 $7,568
X
Management checks
We assess Aurora Solar Technologies'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. Aurora Solar Technologies 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.

AACT.F News

Simply Wall St News

AACT.F Company Info

Description

Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada, the United States, Europe, and Asia. The company offers DM sensors, which are measurement tools for production speeds; Visualize that enable real-time visualization of critical cell fabrication processes; and Insight, which addresses the challenges facing cell manufacturers in characterizing and controlling production variation. It also provides a suite of services, including system configuration and performance planning, such as design and engineering of DM, Visualize, and Inisght configurations to fit production line and performance objectives; system engineering and operations training courses; and post-installation support and optimization. The company was formerly known as ACT Aurora Control Technologies Corp. and changed its name to Aurora Solar Technologies Inc. in May 2015. The company was incorporated in 2009 and is headquartered in North Vancouver, Canada.

Details
Name: Aurora Solar Technologies Inc.
AACT.F
Exchange: OTCPK
Founded: 2009
CA$2,973,458
88,176,925
Website: http://www.aurorasolartech.com
Address: Aurora Solar Technologies Inc.
930 West 1st Street,
Suite 223,
North Vancouver,
British Columbia, V7P 3N4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ACU Common Shares TSX Venture Exchange CA CAD 08. Nov 2011
OTCPK AACT.F Common Shares Pink Sheets LLC US USD 08. Nov 2011
DB A82 Common Shares Deutsche Boerse AG DE EUR 08. Nov 2011
Number of employees
Current staff
Staff numbers
0
Aurora Solar Technologies employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:33
End of day share price update: 2019/03/12 00:00
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.