OTCPK:AITX

Stock Analysis Report

Artificial Intelligence Technology Solutions

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

AITXIndustryMarket
7 Day-50.0%-0.08%0.9%
30 Day0%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 Yearn/a48.7%44.6%47.5%38.0%
5 Yearn/a78.1%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

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AITXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 01:01
End of Day Share Price2019/11/19 00:00
Earnings2019/02/28
Annual Earnings2019/02/28


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.