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Armada Mercantile

CNSX:ARM
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARM
CNSX
$5M
Market Cap
  1. Home
  2. CA
  3. Diversified Financials
Company description

Armada Mercantile Ltd., a financial services company, through its subsidiaries, primarily engages in the merchant banking activities in the United States and internationally. The last earnings update was 47 days ago. More info.


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ARM Share Price and Events
7 Day Returns
0%
CNSX:ARM
0.5%
CA Capital Markets
1.2%
CA Market
1 Year Returns
-45.3%
CNSX:ARM
11.7%
CA Capital Markets
-0.2%
CA Market
ARM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Armada Mercantile (ARM) 0% 0% 0% -45.3% 1060% -
CA Capital Markets 0.5% 6.1% 8.7% 11.7% 28.2% -3.4%
CA Market 1.2% 4.2% 1.5% -0.2% 8.4% 1.8%
1 Year Return vs Industry and Market
  • ARM underperformed the Capital Markets industry which returned 11.7% over the past year.
  • ARM underperformed the Market in Canada which returned -0.2% over the past year.

ARM Value

 Is Armada Mercantile 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 Armada Mercantile. This is due to cash flow or dividend data being unavailable. The share price is CA$0.29.
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 Armada Mercantile's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Armada Mercantile's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:ARM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$0.00
OTCPK:AAMT.F Share Price ** OTCPK (2019-06-25) in USD $0.28
OTCPK:AAMT.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.326 CA$0.37
Canada Capital Markets Industry PE Ratio Median Figure of 20 Publicly-Listed Capital Markets Companies 10.64x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 14.15x

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

** Primary Listing of Armada Mercantile.

CNSX:ARM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:AAMT.F Share Price ÷ EPS (both in CAD)

= 0.37 ÷ 0.00

-78.66x

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

  • Armada Mercantile is loss making, we can't compare its value to the CA Capital Markets industry average.
  • Armada Mercantile is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Armada Mercantile's expected growth come at a high price?
Raw Data
CNSX:ARM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -78.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Capital Markets Industry PEG Ratio Median Figure of 41 Publicly-Listed Capital Markets Companies 1.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.98x

*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 Armada Mercantile, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Armada Mercantile's assets?
Raw Data
CNSX:ARM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.01
OTCPK:AAMT.F Share Price * OTCPK (2019-06-25) in USD $0.28
OTCPK:AAMT.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.326 CA$0.37
Canada Capital Markets Industry PB Ratio Median Figure of 166 Publicly-Listed Capital Markets Companies 1.03x
Canada Market PB Ratio Median Figure of 2,452 Publicly-Listed Companies 1.44x
CNSX:ARM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:AAMT.F Share Price ÷ Book Value per Share (both in CAD)

= 0.37 ÷ 0.01

44.6x

* Primary Listing of Armada Mercantile.

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

  • Armada Mercantile is overvalued based on assets compared to the CA Capital Markets industry average.
X
Value checks
We assess Armada Mercantile'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Armada Mercantile has a total score of 0/6, 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.

ARM Future Performance

 How is Armada Mercantile 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 Armada Mercantile 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
7.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Armada Mercantile expected to grow at an attractive rate?
  • Unable to compare Armada Mercantile's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Armada Mercantile's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Armada Mercantile's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:ARM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.9%
Canada Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*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
CNSX:ARM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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.
CNSX:ARM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 0 0 0
2019-02-28 0 0 0
2018-11-30 0 0 0
2018-08-31 0 0 0
2018-05-31 0 0 0
2018-02-28 0 0 0
2017-11-30 0 0 0
2017-08-31 0 0 -1
2017-05-31 0 0 -1
2017-02-28 0 0 0
2016-11-30 0 0 -1
2016-08-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Armada Mercantile is high growth as no earnings estimate data is available.
  • Unable to determine if Armada Mercantile 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
CNSX:ARM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Armada Mercantile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:ARM Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 0.00
2019-02-28 0.00
2018-11-30 0.00
2018-08-31 0.01
2018-05-31 0.01
2018-02-28 0.00
2017-11-30 -0.01
2017-08-31 -0.04
2017-05-31 -0.03
2017-02-28 -0.03
2016-11-30 -0.04
2016-08-31 -0.03

*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 Armada Mercantile will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Armada Mercantile'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. Armada Mercantile'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 Diversified Financials companies here
  3. Armada Mercantile's competitive advantages and company strategy can generally be found in its financial reports archived 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 Armada Mercantile'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Armada Mercantile 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.

ARM Past Performance

  How has Armada Mercantile 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 Armada Mercantile's growth in the last year to its industry (Capital Markets).
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.
  • Armada Mercantile does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Armada Mercantile's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Armada Mercantile's 1-year growth to the CA Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Armada Mercantile'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 Armada Mercantile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:ARM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 0.17 -0.08 0.15
2019-02-28 0.15 -0.02 0.15
2018-11-30 0.12 -0.09 0.15
2018-08-31 0.10 0.18 0.14
2018-05-31 0.08 0.16 0.13
2018-02-28 0.08 0.06 0.13
2017-11-30 -0.02 -0.13 0.15
2017-08-31 -0.01 -0.65 0.15
2017-05-31 0.09 -0.58 0.14
2017-02-28 0.12 -0.48 0.13
2016-11-30 0.31 -0.70 0.11
2016-08-31 0.29 -0.50 0.11
2016-05-31 0.19 -0.36 0.10
2016-02-29 0.16 -0.43 0.11
2015-11-30 -0.67 0.00 0.09
2015-08-31 -0.40 0.47 0.09
2015-05-31 0.03 0.52 0.09
2015-02-28 0.12 1.19 0.07
2014-11-30 1.16 1.27 0.08
2014-08-31 0.90 0.93 0.08
2014-05-31 0.47 0.76 0.07
2014-02-28 0.42 0.17 0.08
2013-11-30 0.12 0.00 0.08
2013-08-31 0.11 -0.04 0.08
2013-05-31 0.12 -0.06 0.08
2013-02-28 0.08 -0.11 0.08
2012-11-30 0.25 0.19 0.07

*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 Armada Mercantile has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Armada Mercantile has efficiently used its assets last year compared to the CA Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Armada Mercantile 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 Armada Mercantile'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 Capital Markets 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.
Armada Mercantile 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.

ARM Health

 How is Armada Mercantile'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 Armada Mercantile's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Armada Mercantile is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Armada Mercantile has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Armada Mercantile'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.
  • Debt is covered by short term assets, assets are 17.6x debt.
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 Armada Mercantile Company Filings, last reported 3 months ago.

CNSX:ARM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 0.15 0.01 0.20
2019-02-28 0.20 0.02 0.28
2018-11-30 0.10 0.02 0.16
2018-08-31 0.17 0.02 0.25
2018-05-31 0.23 0.02 0.30
2018-02-28 0.19 0.04 0.31
2017-11-30 0.15 0.04 0.26
2017-08-31 -0.05 0.05 0.06
2017-05-31 0.02 0.02 0.10
2017-02-28 0.07 0.02 0.16
2016-11-30 0.24 -0.03 0.26
2016-08-31 0.56 0.00 0.60
2016-05-31 0.57 0.01 0.59
2016-02-29 0.56 0.02 0.63
2015-11-30 1.26 0.00 1.29
2015-08-31 1.39 0.02 1.41
2015-05-31 1.27 0.06 1.36
2015-02-28 1.30 0.06 1.40
2014-11-30 1.25 0.10 1.41
2014-08-31 0.91 0.12 1.08
2014-05-31 0.74 0.15 0.95
2014-02-28 0.11 0.15 0.33
2013-11-30 -0.02 0.16 0.23
2013-08-31 -0.03 0.17 0.19
2013-05-31 -0.03 0.18 0.22
2013-02-28 -0.12 0.20 0.18
2012-11-30 -0.07 0.21 0.21
  • Armada Mercantile's level of debt (8.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (20% vs 8.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Armada Mercantile's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Armada Mercantile'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. Armada Mercantile 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.

ARM Dividends

 What is Armada Mercantile'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 Armada Mercantile dividends.
If you bought CA$2,000 of Armada Mercantile shares you are expected to receive CA$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 Armada Mercantile's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Armada Mercantile'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
CNSX:ARM 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
Canada Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

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 Armada Mercantile has not reported any payouts.
  • Unable to verify if Armada Mercantile's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Armada Mercantile's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Armada Mercantile 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 Armada Mercantile's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Armada Mercantile afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Armada Mercantile 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.

ARM Management

 What is the CEO of Armada Mercantile'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
Patrick Cole
COMPENSATION CA$60,000
CEO Bio

Mr. Patrick Cole has been the President of Armada Mercantile Ltd. since July 2, 1991 and also serves as its Chief Executive Officer. Mr. Cole serves as Funding Advisor of Waste2Fuel, Inc. He served as President of Aldershot Resources Ltd. from October 17, 1989 to February 09, 1998. Mr. Cole served as the President at Asset Commercial Capital, Inc. He is a Seasoned Venture Capitalist and Financier. Mr. Cole has participated and raised capital from private investor clients and international banking contacts. He has cultivated relationships for over 20 years with European banks, private equity firms and broker dealers worldwide. Mr. Cole has an extensive and successful background in raising capital, merchant banking, negotiating and structuring transactions. He invests a substantial amount of time with client companies, investors and shareholder contracts. Prior to acquiring Armada Mercantile Ltd., Mr. Cole served as Controlling Shareholder and President of Quattro Resources Ltd. He was one of the youngest stockbrokers in America. Mr. Cole has been a Director of Armada Mercantile Ltd. since April 19, 1991. From August 1985 to August 1987, he held a Series 7 license with the stock brokerage firm of C.L. McKinney in Los Angeles.

CEO Compensation
  • Patrick's compensation has increased whilst company is loss making.
  • Patrick's remuneration is lower than average for companies of similar size in Canada.
Management Team

Patrick Cole

TITLE
CEO, President
COMPENSATION
CA$60K

Michelle Cole

TITLE
CFO & Director
TENURE
1.2 yrs

Mark Varley

TITLE
CTO, Analyst & Director
Board of Directors Tenure

Average tenure of the Armada Mercantile board of directors in years:

16.1
Average Tenure
  • The average tenure for the Armada Mercantile board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Patrick Cole

TITLE
CEO, President
COMPENSATION
CA$60K
TENURE
28.4 yrs

Michelle Cole

TITLE
CFO & Director
TENURE
1.2 yrs

Mark Varley

TITLE
CTO, Analyst & Director
TENURE
16.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Armada Mercantile'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. Armada Mercantile 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.

ARM News

Simply Wall St News

ARM Company Info

Description

Armada Mercantile Ltd., a financial services company, through its subsidiaries, primarily engages in the merchant banking activities in the United States and internationally. It provides specialized merchant banking, broker-dealer, venture lending, and corporate finance services, as well as advises clients on corporate structure, strategy, mergers and acquisitions, and raising capital. The company also offers various services for public and private equity, factoring, private placements, corporate debt securities, corporate finance, mezzanine financing, direct public offerings, and mergers and acquisitions; and commercial finance services, including account receivables factoring, supply chain, equipment leasing, merchant cash advance, purchase order, and other types of specialized finance, as well as assists investors and corporations in planning investment strategies and raising capital in the public and private equity markets. It serves investors, entrepreneurs, and businesses. The company was founded in 1987 and is based in Roseville, California.

Details
Name: Armada Mercantile Ltd.
ARM
Exchange: CNSX
Founded: 1987
$6,406,675
17,252,000
Website: http://www.armadamercantile.com
Address: Armada Mercantile Ltd.
9575 Pinehurst Drive,
Roseville,
California, 95747,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK AAMT.F Common Shares Pink Sheets LLC US USD 01. May 1992
CNSX ARM Common Shares Canadian National Stock Exchange CA CAD 01. May 1992
Number of employees
Current staff
Staff numbers
0
Armada Mercantile employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/15 01:08
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/07/30
Last earnings reported: 2019/05/31
Last annual earnings reported: 2019/02/28


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.