OTCPK:TKST.F

Stock Analysis Report

Executive Summary

Tinkerine Studios Ltd. designs, manufacture, and distribution of 3D printers, software, and related online education content in Canada, the United States, and the Asia Pacific region.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Tinkerine Studios's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TKST.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

TKST.F

1.7%

US Tech

0.3%

US Market


1 Year Return

31.6%

TKST.F

32.8%

US Tech

12.5%

US Market

Return vs Industry: TKST.F underperformed the US Tech industry which returned 32.8% over the past year.

Return vs Market: TKST.F exceeded the US Market which returned 12.5% over the past year.


Shareholder returns

TKST.FIndustryMarket
7 Day0%1.7%0.3%
30 Day32.1%10.8%4.1%
90 Day0%24.9%5.6%
1 Year31.6%31.6%35.0%32.8%15.0%12.5%
3 Year-18.3%-18.3%140.9%121.6%49.1%39.4%
5 Year-83.8%-83.8%126.9%104.1%62.8%44.7%

Price Volatility Vs. Market

How volatile is Tinkerine Studios's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Tinkerine Studios is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Tinkerine Studios has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of TKST.F’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Tinkerine Studios regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Tinkerine Studios forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

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 Tinkerine Studios 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 TKST.F’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 Tinkerine Studios's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Tinkerine Studios performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if TKST.F has high quality earnings.

Growing Profit Margin: TKST.F's current net profit margins (-67%) are lower than last year (-58.6%).


Past Earnings Growth Analysis

Earnings Trend: TKST.F is unprofitable, but has reduced losses over the past 5 years at a rate of 32.9% per year.

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

Earnings vs Industry: TKST.F is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (39.4%).


Return on Equity

High ROE: TKST.F'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 Tinkerine Studios's financial position?


Financial Position Analysis

Short Term Liabilities: TKST.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TKST.F 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: TKST.F is debt free.

Reducing Debt: TKST.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: TKST.F has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TKST.F's debt is covered by short term assets.


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.

Stable Cash Runway: TKST.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TKST.F has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 73.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate TKST.F'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 TKST.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TKST.F'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 TKST.F'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 Tinkerine Studios's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

Eugene Suyu 0

5.6yrs

Tenure

CA$60,000

Compensation

Mr. Eugene Suyu, B.A. Co-Founded Tinkerine Studios Ltd. in May 2012 and has been its Chief Executive Officer and Director since April 04, 2014. Mr. Suyu is the founding force behind Tinkerine Studios Ltd a ...


CEO Compensation Analysis

Compensation vs Market: Eugene's total compensation ($USD45.39K) is below average for companies of similar size in the US market ($USD505.79K).

Compensation vs Earnings: Eugene's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.6yrs

Average Tenure

Experienced Management: TKST.F's management team is seasoned and experienced (5.6 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

Experienced Board: TKST.F's board of directors are considered experienced (3.4 years average tenure).


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 not been meaningfully diluted in the past year.


Management Team

  • Eugene Suyu

    Co-Founder

    • Tenure: 5.6yrs
    • Compensation: CA$60.00k
  • Kevin Brandt

    Managing Director of Tinkerine U

    • Tenure: 5.3yrs
  • Justin Sy

    Co-Founder

    • Tenure: 3.4yrs
    • Compensation: CA$45.00k

Board Members

  • Bob Longo

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: CA$57.53k
  • Todd Blatt

    Director

    • Tenure: 5.6yrs
  • Eugene Suyu

    Co-Founder

    • Tenure: 5.6yrs
    • Compensation: CA$60.00k
  • Justin Sy

    Co-Founder

    • Tenure: 3.4yrs
    • Compensation: CA$45.00k
  • Dan Cugnet

    Independent Director

    • Tenure: 2.2yrs

Company Information

Tinkerine Studios Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tinkerine Studios Ltd.
  • Ticker: TKST.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: CA$1.231m
  • Listing Market Cap: CA$931.309k
  • Shares outstanding: 49.24m
  • Website: https://www.tinkerine.com

Number of Employees


Location

  • Tinkerine Studios Ltd.
  • 8275 92nd Street
  • Suite 213A
  • Delta
  • British Columbia
  • V4G 0A4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTDTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2011
WB6BDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2011
TKST.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2011

Biography

Tinkerine Studios Ltd. designs, manufacture, and distribution of 3D printers, software, and related online education content in Canada, the United States, and the Asia Pacific region. It also provides Tink ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/12 00:20
End of Day Share Price2019/11/08 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.