Artificial Intelligence Technology Solutions
Market Cap
US$75.3k
Last Updated
2019/11/20 01:01 UTC
Data Sources
Company Financials
Executive Summary
Artificial Intelligence Technology Solutions Inc.
Snowflake
Fundamentals
Acceptable track record and slightly overvalued.
Share Price & News
How has Artificial Intelligence Technology Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AITX's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-50.0%
AITX
-0.08%
US Electronic
0.9%
US Market
1 Year Return
-98.9%
AITX
22.5%
US Electronic
16.8%
US Market
Return vs Industry: AITX underperformed the US Electronic industry which returned 22.5% over the past year.
Return vs Market: AITX underperformed the US Market which returned 16.8% over the past year.
Shareholder returns
| AITX | Industry | Market | |
|---|---|---|---|
| 7 Day | -50.0% | -0.08% | 0.9% |
| 30 Day | 0% | 3.9% | 4.5% |
| 90 Day | -66.7% | 11.6% | 6.2% |
| 1 Year | -98.9%-98.9% | 23.7%22.5% | 19.4%16.8% |
| 3 Year | n/a | 48.7%44.6% | 47.5%38.0% |
| 5 Year | n/a | 78.1%69.5% | 62.0%44.1% |
Price Volatility Vs. Market
How volatile is Artificial Intelligence Technology Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Artificial Intelligence Technology Solutions undervalued compared to its fair value and its price relative to the market?
0.00018x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AITX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AITX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AITX is good value based on its PE Ratio (0x) compared to the Electronic industry average (20.6x).
PE vs Market: AITX is good value based on its PE Ratio (0x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AITX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AITX has negative assets, so we can't compare its PB Ratio to the US Electronic industry average.
Next Steps
Future Growth
How is Artificial Intelligence Technology Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.6%
Forecasted Tech 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 Artificial Intelligence Technology Solutions 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 AITX’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 Artificial Intelligence Technology Solutions's filings and announcements here.
- Explore growth companies in the Tech industry.
Past Performance
How has Artificial Intelligence Technology Solutions performed over the past 5 years?
7.7%
Last years revenue growth
Earnings and Revenue History
Quality Earnings: AITX has high quality earnings.
Growing Profit Margin: AITX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AITX has become profitable over the past 5 years, growing earnings by 0% per year.
Accelerating Growth: AITX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AITX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (56.3%).
Return on Equity
High ROE: AITX'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 Artificial Intelligence Technology Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: AITX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AITX 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: AITX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AITX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AITX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AITX's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: AITX has a high level of physical assets or inventory.
Debt Coverage by Assets: AITX has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Artificial Intelligence Technology Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AITX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AITX'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 AITX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AITX'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 AITX'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 Artificial Intelligence Technology Solutions's salary, the management and board of directors tenure and is there insider trading?
US$101k
CEO Compensation
CEO
Garett Parsons (37yo)
2.8yrs
Tenure
US$101,410
Compensation
Mr. Garett Dean Parsons has been President, Chief Executive Officer and Chief Financial Officer of Artificial Intelligence Technology Solutions Inc. (Formerly, On The Move Systems Corp.) since February 16, ...
CEO Compensation Analysis
Compensation vs Market: Garett's total compensation ($USD101.41K) is below average for companies of similar size in the US market ($USD505.35K).
Compensation vs Earnings: Garett's compensation has been consistent with company performance over the past year.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 4402.9%.
Management Team
Garett Parsons (37yo)
President
- Tenure: 2.8yrs
- Compensation: US$101.41k
Board Members
Garett Parsons (37yo)
President
- Tenure: 2.8yrs
- Compensation: US$101.41k
Company Information
Artificial Intelligence Technology Solutions Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Artificial Intelligence Technology Solutions Inc.
- Ticker: AITX
- Exchange: OTCPK
- Founded: 2016
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$75.303k
- Shares outstanding: 753.03m
- Website: https://null
Number of Employees
Location
- Artificial Intelligence Technology Solutions Inc.
- 1 East Liberty
- 6th Floor
- Reno
- Nevada
- 89501
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AITX | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Apr 2018 |
Biography
Artificial Intelligence Technology Solutions Inc. focuses on the delivery of artificial intelligence and robotic solutions for operational, security, and monitoring needs. The company was formerly known as ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/20 01:01 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/02/28 |
| Annual Earnings | 2019/02/28 |
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.