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SQID Technologies Ltd. (TSE:SQID)
:SQID
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SQID Technologies Ltd.
(SQID)
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Rating:34Underperform
Price Target:―
SQID Technologies Ltd. has significant financial challenges with declining revenues and persistent losses. Technical and valuation analyses are unfavorable, with no data from earnings calls or corporate events to provide positive insights. Overall, the stock score reflects these difficulties, suggesting caution for potential investors.
SQID Technologies Ltd. (SQID) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$72.08K
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-1.22
Revenue Growth-22.08%
EPS Growth41.82%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.00
Shares Outstanding14,416,827
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)5.92
Price to Sales (P/S)1.24
P/FCF Ratio-7.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
SQID Technologies Ltd. Business Overview & Revenue Model
Company DescriptionSQID Technologies Limited engages in payments processing, and investing and growing Esports gaming in Australia and New Zealand. It provides merchant services and transaction processing to business merchants and e-commerce customers across both Business to Business (B2B) and Business to Consumer (B2C) segments through its leading partner platforms. The company also controls ICON Esports, an Esports and gaming organization, focused on the commercial landscape of the Oceanic market through brand driven marketing campaigns and partnerships, nutrition supplements and merchandise to audience. SQID Technologies Limited was incorporated in 2006 and is headquartered in Melbourne, Australia.
How the Company Makes MoneySQID Technologies Ltd. generates revenue through transaction fees charged to merchants for processing payments. These fees are applied to each transaction processed through the company's payment platform. Additionally, SQID may earn money through subscription fees for access to its technology services, value-added features, and any ancillary services provided to enhance the core payment processing capabilities. Strategic partnerships with financial institutions and technology providers further bolster its revenue by expanding its reach and integrating its solutions into broader financial ecosystems.
SQID Technologies Ltd. Financial Statement Overview
Summary
SQID Technologies Ltd. is facing significant financial difficulties with declining revenues, persistent losses, and negative cash flows. Though it has minimal debt, the weakened financial health is concerning.Income Statement
The company has experienced a significant decline in revenue and net income over recent years. The gross profit margin is 100%, indicating no cost of goods sold, but the net profit margin is negative due to substantial net losses. Revenue has decreased significantly from 2020 to 2023, showing a concerning downward trend.30
Negative
Balance Sheet
The company's balance sheet shows a low debt-to-equity ratio due to minimal debt, which is a positive sign. However, the return on equity is negative due to ongoing net losses. The equity ratio has also decreased over time, reflecting weakened financial stability.40
Negative
Cash Flow
Cash flow is heavily negative, with both operating and free cash flow showing significant deficits. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in converting sales into actual cash flow. Free cash flow growth is negative, signaling cash flow challenges.25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 192.38K | 196.51K | 282.04K | 1.21M | 1.02M | 7.20M |
| Gross Profit | 192.38K | 196.51K | 282.04K | 374.17K | 173.08K | 2.38M |
| EBITDA | 3.16K | -10.38K | 85.13K | -257.04K | -1.80M | 514.18K |
| Net Income | -51.46K | -59.05K | -213.03K | -1.31M | -3.42M | 72.41K |
Balance Sheet | ||||||
| Total Assets | 61.40K | 75.76K | 158.50K | 807.79K | 2.15M | 4.60M |
| Cash, Cash Equivalents and Short-Term Investments | 19.65K | 33.39K | 65.37K | 356.11K | 1.81M | 3.30M |
| Total Debt | 0.00 | 0.00 | 0.00 | 13.41K | 18.37K | 0.00 |
| Total Liabilities | 34.54K | 34.70K | 58.41K | 494.66K | 623.26K | 1.39M |
| Stockholders Equity | 26.86K | 41.05K | 100.10K | 313.13K | 1.53M | 3.21M |
Cash Flow | ||||||
| Free Cash Flow | 496.00 | -31.97K | -226.75K | -1.26M | -2.58M | 37.65K |
| Operating Cash Flow | -13.74K | -31.97K | -226.75K | -1.16M | -2.58M | 43.61K |
| Investing Cash Flow | 0.00 | 0.00 | -50.59K | -300.22K | 732.32K | 1.28M |
| Financing Cash Flow | 0.00 | 0.00 | -13.41K | 13.41K | 658.95K | 0.00 |
SQID Technologies Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | C$2.80M | 10.26 | -451.82% | ― | -20.82% | -165.38% | |
36 Underperform | C$8.13M | ― | -731.86% | ― | -88.57% | 65.84% | |
34 Underperform | C$72.08K | ― | -119.61% | ― | -22.08% | 41.82% |
* Technology Sector Average
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.