Loading...

We've got a brand new version of Simply Wall St! Try it out

RIWI

CNSX:RIW
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RIW
CNSX
€24M
Market Cap
  1. Home
  2. CA
  3. Media
Company description

RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and internationally. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
RIW Share Price and Events
7 Day Returns
9.1%
CNSX:RIW
0.6%
CA Interactive Media and Services
1.3%
CA Market
1 Year Returns
71.4%
CNSX:RIW
-41.5%
CA Interactive Media and Services
-0.1%
CA Market
RIW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RIWI (RIW) 9.1% - -11.1% 71.4% -4% -
CA Interactive Media and Services 0.6% 5.1% -14% -41.5% -64.3% -58.2%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • RIW outperformed the Interactive Media and Services industry which returned -41.5% over the past year.
  • RIW outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
RIW
Industry
5yr Volatility vs Market

RIW Value

 Is RIWI 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
Here we compare the current share price of RIWI to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for RIWI.

CNSX:RIW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CNSX:RIW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.019 (1 + (1- 26.5%) (0.69%))
1.016
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.016 * 5.96%)
8%

Discounted Cash Flow Calculation for CNSX:RIW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for RIWI is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

CNSX:RIW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8%)
2020 0.75 Est @ 84.38% 0.70
2021 1.20 Est @ 59.65% 1.03
2022 1.71 Est @ 42.34% 1.36
2023 2.23 Est @ 30.22% 1.64
2024 2.71 Est @ 21.74% 1.85
2025 3.14 Est @ 15.8% 1.98
2026 3.51 Est @ 11.65% 2.04
2027 3.81 Est @ 8.74% 2.06
2028 4.07 Est @ 6.7% 2.03
2029 4.28 Est @ 5.27% 1.98
Present value of next 10 years cash flows $16.00
CNSX:RIW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $4.28 × (1 + 1.95%) ÷ (8% – 1.95%)
$72.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $72.06 ÷ (1 + 8%)10
$33.37
CNSX:RIW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $16.00 + $33.37
$49.37
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $49.37 / 17.65
$2.8
CNSX:RIW Discount to Share Price
Calculation Result
Exchange Rate USD/EUR
(Reporting currency to currency of DB:5RW)
0.909
Value per Share
(EUR)
= Value per Share in USD x Exchange Rate (USD/EUR)
= $2.8 x 0.909
€2.54
Non-primary Listing Adjustment Factor 1 share in CNSX:RIW represents 1.75824x of DB:5RW
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.75824x
Value per Share
(Listing Adjusted, CAD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 2.54 x 1.75824
CA$4.47
Value per share (CAD) From above. CA$4.47
Current discount Discount to share price of CA$2.40
= -1 x (CA$2.40 - CA$4.47) / CA$4.47
46.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price RIWI is available for.
Intrinsic value
46%
Share price is CA$2.4 vs Future cash flow value of CA$4.47
Current Discount Checks
For RIWI to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • RIWI's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • RIWI's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 RIWI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RIWI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:RIW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.04
DB:5RW Share Price ** DB (2019-09-18) in EUR €1.37
DB:5RW Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.1 $1.5
North America Interactive Media and Services Industry PE Ratio Median Figure of 30 Publicly-Listed Interactive Media and Services Companies 26.62x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of RIWI.

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

= DB:5RW Share Price ÷ EPS (both in USD)

= 1.5 ÷ 0.04

40.21x

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

  • RIWI is overvalued based on earnings compared to the North America Interactive Media and Services industry average.
  • RIWI is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does RIWI's expected growth come at a high price?
Raw Data
CNSX:RIW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 40.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Interactive Media and Services Industry PEG Ratio Median Figure of 25 Publicly-Listed Interactive Media and Services Companies 1.31x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*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 RIWI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RIWI's assets?
Raw Data
CNSX:RIW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.18
DB:5RW Share Price * DB (2019-09-18) in EUR €1.37
DB:5RW Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.1 $1.5
Canada Interactive Media and Services Industry PB Ratio Median Figure of 12 Publicly-Listed Interactive Media and Services Companies 3.12x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:RIW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:5RW Share Price ÷ Book Value per Share (both in USD)

= 1.5 ÷ 0.18

8.34x

* Primary Listing of RIWI.

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

  • RIWI is overvalued based on assets compared to the CA Interactive Media and Services industry average.
X
Value checks
We assess RIWI'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 Interactive Media and Services 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. RIWI has a total score of 2/6, 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.

RIW Future Performance

 How is RIWI 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 RIWI 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
114.2%
Expected Interactive Media and Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RIWI expected to grow at an attractive rate?
  • Unable to compare RIWI's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare RIWI's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare RIWI's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:RIW Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 114.2%
North America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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:RIW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:RIW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 3 1 1
2019-03-31 3 1 1
2018-12-31 3 0 0
2018-09-30 2 0 0
2018-06-30 2 0 -1
2018-03-31 1 0 -1
2017-12-31 1 0 -1
2017-09-30 1 0 -1
2017-06-30 1 0 -1
2017-03-31 1 -1 -1
2016-12-31 1 -1 -1
2016-09-30 1 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if RIWI is high growth as no earnings estimate data is available.
  • Unable to determine if RIWI 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:RIW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from RIWI Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:RIW Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.04
2019-03-31 0.04
2018-12-31 0.02
2018-09-30 0.01
2018-06-30 -0.04
2018-03-31 -0.05
2017-12-31 -0.04
2017-09-30 -0.06
2017-06-30 -0.04
2017-03-31 -0.07
2016-12-31 -0.09
2016-09-30 -0.08

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

Next steps:

  1. Check out RIWI's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. RIWI'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 Media companies here
  3. RIWI'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 RIWI'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 North America 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.
RIWI 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.

RIW Past Performance

  How has RIWI 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 RIWI's growth in the last year to its industry (Interactive Media and Services).
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.
  • RIWI has delivered over 20% year on year earnings growth in the past 5 years.
  • RIWI has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • RIWI has become profitable in the last year making it difficult to compare the North America Interactive Media and Services industry average.
Earnings and Revenue History
RIWI'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 RIWI Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:RIW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 3.14 0.65 2.22 0.30
2019-03-31 2.99 0.73 1.95 0.33
2018-12-31 2.67 0.42 1.94 0.33
2018-09-30 2.35 0.13 1.84 0.40
2018-06-30 1.84 -0.63 2.04 0.44
2018-03-31 1.45 -0.78 1.67 0.56
2017-12-31 1.35 -0.75 1.49 0.61
2017-09-30 0.99 -0.95 1.33 0.61
2017-06-30 0.90 -0.63 0.94 0.59
2017-03-31 0.75 -1.04 1.19 0.60
2016-12-31 0.60 -1.32 1.29 0.63
2016-09-30 0.62 -1.28 1.25 0.65
2016-06-30 0.57 -1.31 1.20 0.62
2016-03-31 0.48 -0.85 0.81 0.46
2015-12-31 0.54 -0.61 0.74 0.36
2015-09-30 0.44 -0.70 0.80 0.29
2015-06-30 0.39 -0.76 0.87 0.28
2015-03-31 0.33 -0.76 0.80 0.29
2014-12-31 0.30 -0.69 0.70 0.29
2014-09-30 0.40 -0.62 0.71 0.32
2013-12-31 0.24 -0.49 0.47 0.26
2012-12-31 0.14 -0.43 0.31 0.26

*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.
  • RIWI has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • RIWI used its assets more efficiently than the North America Interactive Media and Services industry average last year based on Return on Assets.
  • RIWI has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess RIWI'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 Interactive Media and Services 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.
RIWI has a total score of 4/6, 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.

RIW Health

 How is RIWI'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 RIWI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RIWI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RIWI's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RIWI'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.
  • RIWI has no debt, it does not need to be covered by short term assets.
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 RIWI Company Filings, last reported 2 months ago.

CNSX:RIW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 3.17 0.00 2.07
2019-03-31 2.70 0.00 1.93
2018-12-31 2.45 0.00 1.75
2018-09-30 2.14 0.00 1.16
2018-06-30 1.82 0.00 1.48
2018-03-31 1.53 0.00 1.36
2017-12-31 1.30 0.00 1.47
2017-09-30 1.28 0.00 1.31
2017-06-30 1.40 0.00 1.65
2017-03-31 1.57 0.00 1.54
2016-12-31 0.40 0.00 0.34
2016-09-30 0.61 0.00 0.40
2016-06-30 0.33 0.00 0.30
2016-03-31 0.78 0.00 0.70
2015-12-31 0.19 0.00 0.15
2015-09-30 0.33 0.19 0.49
2015-06-30 0.47 0.00 0.40
2015-03-31 0.62 0.00 0.47
2014-12-31 0.71 0.00 0.70
2014-09-30 0.96 0.00 0.95
2013-12-31 1.42 0.00 1.34
2012-12-31 0.47 0.00 0.47
  • RIWI has no debt.
  • RIWI currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • RIWI has no debt, it does not need to be covered by operating cash flow.
  • RIWI has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess RIWI'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. RIWI has a total score of 6/6, 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.

RIW Dividends

 What is RIWI'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 RIWI dividends.
If you bought CA$2,000 of RIWI 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 RIWI's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate RIWI'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:RIW 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
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 0.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
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 RIWI has not reported any payouts.
  • Unable to verify if RIWI's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of RIWI's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as RIWI 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 RIWI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 RIWI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RIWI 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.

RIW Management

 What is the CEO of RIWI'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
Neil Seeman
COMPENSATION $142,575
AGE 48
TENURE AS CEO 7.8 years
CEO Bio

Mr. Neil L. Seeman, BA, J.D., MPH is the Founder and has been Chief Executive Officer of RIWI Corp. (formerly The RIWI Corporation) since November 2011. Mr. Seeman served as the President of The RIWI Corporation since February 2015 until 2019. Mr. Seeman leads RIWI’s work in developing new global data capture and prediction innovations that leverage the architecture of the Internet, notably, the domain name system (DNS). He leads RIWI’s data work in international security, global macro-economic finance and global healthcare monitoring. Mr. Seeman's work in global data has involved research leadership positions at The Fraser Institute and the University of Toronto. He joined IBM in October 2006, where he led research and consulting in social Web technologies in healthcare. In 1998, he was a seed investor in the NASDAQ-listed Internet (JCOM) software company, J2 Global. Mr. Seeman was the founder of the Innovation Cell at Massey College in the University of Toronto, where he was elected to the academic appointment of Senior Fellow in 2014. He has been adjunct faculty at Ryerson University since 2003, teaches “knowledge transfer in the Age of the Web” at the Univ. of Toronto and is Adjunct Faculty in Public Health and Health Policy & Evaluation. Mr. Seeman authored over 800 essays, editorials and over 25 peer-reviewed journal articles. He is co-author of five academic books. “Allan Gregg in Conversation” has identified Mr. Seeman as among “the world’s foremost thinkers on social, cultural, political and economic issues.” In November 2011, Nexus, a University of Toronto alumni publication, described Mr. Seeman as “the University of Toronto’s latest ‘McLuhanesque’ savant.” Mr. Seeman was profiled as a “research iconoclast” in the October 2013 issue of the journal Research World. Mr. Seeman is also a member of the Law Society of Upper Canada. He serves as the Chairman of RIWI Corp. He has been a Director of The RIWI Corporation since November 2009 and served as a Member of Advisory Board of Enthrive Inc. Mr. Seeman holds a BA from Queen’s, a Juris Doctor from the University of Toronto Faculty of Law and a Masters in Public Health from Harvard.Inc.

CEO Compensation
  • Neil's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Neil's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the RIWI management team in years:

6.1
Average Tenure
48
Average Age
  • The average tenure for the RIWI management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Neil Seeman

TITLE
Founder
COMPENSATION
$143K
AGE
48
TENURE
7.8 yrs

Daniel Im

TITLE
Chief Financial Officer
COMPENSATION
$139K
TENURE
2.2 yrs

Alton Ing

TITLE
Chief Technology Officer
COMPENSATION
$140K
TENURE
10.7 yrs

Eric Meerkamper

TITLE
Global Head of Citizen Engagement & Senior VP
COMPENSATION
$138K
AGE
51

Amber Schaefer

TITLE
Corporate Secretary
AGE
44
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the RIWI board of directors in years:

5
Average Tenure
58.5
Average Age
  • The tenure for the RIWI board of directors is about average.
Board of Directors

Neil Seeman

TITLE
Founder
COMPENSATION
$143K
AGE
48

Don Shumka

TITLE
Independent Director
COMPENSATION
$39K
AGE
76
TENURE
4.8 yrs

Anthony St. John Bletso

TITLE
Chairman of Advisory Board
AGE
62
TENURE
5 yrs

Kevin Mahoney

TITLE
Lead Director
COMPENSATION
$43K
AGE
62

Bob Seeman

TITLE
Director
COMPENSATION
$39K
AGE
55
TENURE
10.1 yrs

Robert Pirooz

TITLE
Independent Director
COMPENSATION
$39K
AGE
55
TENURE
9.8 yrs

Annette Cusworth

TITLE
Independent Director
COMPENSATION
$47K
AGE
53
TENURE
4.5 yrs

Ken Goldstein

TITLE
Member of Advisory Board

Cary Green

TITLE
Global Business Advisor
AGE
62

Fred Stupart

TITLE
Global Finance Advisor
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$) Value (CA$)
19. Jun 19 Buy Neil Seeman Individual 19. Jun 19 19. Jun 19 4,000 CA$2.55 CA$10,140
26. Nov 18 Buy Kenneth Adelman Individual 26. Nov 18 26. Nov 18 5,000 CA$1.30 CA$6,525
X
Management checks
We assess RIWI'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. RIWI 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.

RIW News

Simply Wall St News

RIW Company Info

Description

RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and internationally. The company operates through Global Private Enterprise, Global Security, and Global Citizen Engagement business lines. Its patented cloud-based software solution provides global digital intelligence platform to clients seeking real-time citizen sentiment data. The company offers real-time applied analytics, forecasts, data aggregation, tracking surveys, risk monitoring, predictive analytics, ad effectiveness tests, and message testing services. RIWI Corporation was incorporated in 2009 and is headquartered in Toronto, Canada.

Details
Name: RIWI Corp.
RIW
Exchange: CNSX
Founded: 2009
€35,151,397
17,648,742
Website: http://www.riwi.com
Address: RIWI Corp.
180 Bloor Street West,
Suite 1000,
Toronto,
Ontario, M5S 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB 5RW Common Stock Deutsche Boerse AG DE EUR 08. Sep 2015
OTCPK RWCR.F Common Stock Pink Sheets LLC US USD 08. Sep 2015
CNSX RIW Common Stock Canadian National Stock Exchange CA CAD 08. Sep 2015
Number of employees
Current staff
Staff numbers
0
RIWI employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:35
End of day share price update: 2019/09/18 00:00
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.