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Next Green Wave Holdings

CNSX:NGW
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NGW
CNSX
CA$36M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

Next Green Wave Holdings Inc. operates as an integrated seed-to-consumer premium medicinal and recreational cannabis company in California. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Next Green Wave Holdings has significant price volatility in the past 3 months.
NGW Share Price and Events
7 Day Returns
-2.2%
CNSX:NGW
-5.9%
CA Pharmaceuticals
1.3%
CA Market
1 Year Returns
-
CNSX:NGW
-46.7%
CA Pharmaceuticals
-0.1%
CA Market
NGW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Next Green Wave Holdings (NGW) -2.2% -11.8% -13.5% - - -
CA Pharmaceuticals -5.9% -3.4% -24.8% -46.7% 217.3% 286.4%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • No trading data on NGW.
  • No trading data on NGW.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Next Green Wave Holdings 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 Next Green Wave Holdings. This is due to cash flow or dividend data being unavailable. The share price is CA$0.225.
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 Next Green Wave Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Next Green Wave Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:NGW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.05
CNSX:NGW Share Price ** CNSX (2019-09-20) in CAD CA$0.23
CNSX:NGW Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $0.17
Canada Pharmaceuticals Industry PE Ratio Median Figure of 13 Publicly-Listed Pharmaceuticals Companies 15.3x
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 Next Green Wave Holdings.

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

= CNSX:NGW Share Price ÷ EPS (both in USD)

= 0.17 ÷ -0.05

-3.31x

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

  • Next Green Wave Holdings is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • Next Green Wave Holdings is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Next Green Wave Holdings's expected growth come at a high price?
Raw Data
CNSX:NGW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Pharmaceuticals Industry PEG Ratio Median Figure of 7 Publicly-Listed Pharmaceuticals Companies 1.56x
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 Next Green Wave Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Next Green Wave Holdings's assets?
Raw Data
CNSX:NGW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.18
CNSX:NGW Share Price * CNSX (2019-09-20) in CAD CA$0.23
CNSX:NGW Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $0.17
Canada Pharmaceuticals Industry PB Ratio Median Figure of 151 Publicly-Listed Pharmaceuticals Companies 2.36x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:NGW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:NGW Share Price ÷ Book Value per Share (both in USD)

= 0.17 ÷ 0.18

0.96x

* Primary Listing of Next Green Wave Holdings.

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

  • Next Green Wave Holdings is good value based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess Next Green Wave Holdings'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 Pharmaceuticals 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 Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. Next Green Wave Holdings has a total score of 1/6, 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.

Future Performance

 How is Next Green Wave Holdings 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 Next Green Wave Holdings 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
97.7%
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Next Green Wave Holdings expected to grow at an attractive rate?
  • Unable to compare Next Green Wave Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Next Green Wave Holdings's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Next Green Wave Holdings's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:NGW Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 97.7%
Canada Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 56.5%
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:NGW 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:NGW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -6 -7
2019-03-31 -4 -5
2018-12-31 -3 -3
2018-09-30 -1 -2
2017-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Next Green Wave Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Next Green Wave Holdings 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:NGW 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 Next Green Wave Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:NGW Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.05
2019-03-31 -0.04
2018-12-31 -0.03
2018-09-30 -0.02
2017-12-31 -0.05

*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 Next Green Wave Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of NGW’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.
  2. Next Green Wave Holdings'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 Pharmaceuticals & Biotech companies here
  3. Next Green Wave Holdings'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 Next Green Wave Holdings'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.
Next Green Wave Holdings 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.

Past Performance

  How has Next Green Wave Holdings 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 Next Green Wave Holdings's growth in the last year to its industry (Pharmaceuticals).
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.
  • Next Green Wave Holdings does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Next Green Wave Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Next Green Wave Holdings's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
Next Green Wave Holdings'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 Next Green Wave Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:NGW 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 0.06 -6.89 3.81
2019-03-31 -5.02 3.54
2018-12-31 -3.14 2.40
2018-09-30 -1.52 1.26
2017-12-31 -0.06 0.06

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

Health

 How is Next Green Wave Holdings'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 Next Green Wave Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Next Green Wave Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Next Green Wave Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Next Green Wave Holdings'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.4x 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 Next Green Wave Holdings Company Filings, last reported 2 months ago.

CNSX:NGW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 27.56 0.58 1.52
2019-03-31 14.25 0.00 1.23
2018-12-31 14.82 0.00 2.82
2018-09-30 18.27 0.00 6.18
2017-12-31 0.27 0.00 0.23
  • Next Green Wave Holdings's level of debt (2.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Next Green Wave Holdings's debt level has increased without past 5-year debt data.
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.

  • Next Green Wave Holdings has less than a year of cash runway based on current free cash flow.
  • Next Green Wave Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 95.3% each year.
X
Financial health checks
We assess Next Green Wave Holdings'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. Next Green Wave Holdings has a total score of 3/6, 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.

Dividends

 What is Next Green Wave Holdings'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 Next Green Wave Holdings dividends.
If you bought CA$2,000 of Next Green Wave Holdings 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 Next Green Wave Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Next Green Wave Holdings'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:NGW 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
North America Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
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 Next Green Wave Holdings has not reported any payouts.
  • Unable to verify if Next Green Wave Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Next Green Wave Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Next Green Wave Holdings 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 Next Green Wave Holdings'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 Next Green Wave Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Next Green Wave Holdings 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.

Management

 What is the CEO of Next Green Wave Holdings'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
Mike Jennings
COMPENSATION $145,000
TENURE AS CEO 0.1 years
CEO Bio

Mr. Michael Jennings, also known as Mike, has been Chief Executive Officer of Next Green Wave Holdings Inc since August 2019 and has been its Director since May 4, 2018. Mr. Jennings served as Chief Operations Officer of Next Green Wave Holdings Inc. since January 2019 until August 2019. He served as Head of R&D at Next Green Wave Holdings Inc. since 2019. He served as Head of Research and Innovation at Next Green Wave Holdings Inc. since 2019. He is one of the Next Green Wave Holdings Inc.'s founders. He served as Chief Executive Officer of Next Green Wave Holdings Inc. until January 2019. He serves as Chief Executive Officer and Director at Crossgate Capital Corporation.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Mike's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Next Green Wave Holdings management team in years:

0.1
Average Tenure
  • The average tenure for the Next Green Wave Holdings management team is less than 2 years, this suggests a new team.
Management Team

Mike Jennings

TITLE
CEO, Head of Research & Innovation and Director
COMPENSATION
$145K
TENURE
0.1 yrs

Ryan Lange

TITLE
Co-Founder

Matt Jewell

TITLE
Chief Financial Officer
TENURE
0.7 yrs

Caroline Klukowski

TITLE
Vice President of Corporate Development

Monita Franziska Faris

TITLE
VP & Corporate Secretary
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Next Green Wave Holdings board of directors in years:

0.8
Average Tenure
56.5
Average Age
  • The average tenure for the Next Green Wave Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mike Jennings

TITLE
CEO, Head of Research & Innovation and Director
COMPENSATION
$145K
TENURE
1.3 yrs

Gordon Jang

TITLE
Member of Advisory Board
COMPENSATION
$50K
AGE
54

Paul Chow

TITLE
Co-Founder & Director
COMPENSATION
$83K
AGE
54
TENURE
2.3 yrs

Leigh Hughes

TITLE
Advisor to the Board
COMPENSATION
$215K
TENURE
0.1 yrs

Darryl Yea

TITLE
Member of Advisory Board
AGE
60

Glen Harder

TITLE
Director
AGE
59
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Next Green Wave Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Sep 19 Buy Paul Chow Individual 17. Sep 19 17. Sep 19 26,000 CA$0.21 CA$5,330
27. Aug 19 Buy Matthew Jewell Individual 27. Aug 19 27. Aug 19 72,833 CA$0.24 CA$17,480
26. Aug 19 Buy Paul Chow Individual 22. Aug 19 22. Aug 19 15,000 CA$0.25 CA$3,712
26. Aug 19 Buy Matthew Jewell Individual 26. Aug 19 26. Aug 19 10,500 CA$0.24 CA$2,520
16. Aug 19 Buy Paul Chow Individual 12. Aug 19 15. Aug 19 27,500 CA$0.25 CA$6,829
19. Jul 19 Buy Leigh Hughes Individual 19. Jul 19 19. Jul 19 2,000 CA$0.31 CA$620
18. Jul 19 Buy Leigh Hughes Individual 18. Jul 19 18. Jul 19 3,000 CA$0.31 CA$930
16. Jul 19 Buy Leigh Hughes Individual 28. Jun 19 02. Jul 19 18,500 CA$0.32 CA$5,502
12. Jul 19 Buy Paul Chow Individual 09. Jul 19 09. Jul 19 30,000 CA$0.30 CA$9,000
21. Jun 19 Buy Leigh Hughes Individual 14. Jun 19 14. Jun 19 13,000 CA$0.34 CA$4,320
04. Jun 19 Sell Michael Jennings Individual 03. Jun 19 03. Jun 19 -4,250,000 CA$0.39 CA$-1,648,999
04. Jun 19 Sell Comverj Pty Ltd. Company 03. Jun 19 03. Jun 19 -913,004 CA$0.39 CA$-354,245
04. Jun 19 Sell Paul Chow Individual 03. Jun 19 03. Jun 19 -1,090,000 CA$0.39 CA$-422,920
04. Jun 19 Sell Gordon Jang Individual 03. Jun 19 03. Jun 19 -319,500 CA$0.39 CA$-123,966
10. May 19 Buy Leigh Hughes Individual 07. May 19 09. May 19 14,000 CA$0.49 CA$6,651
10. May 19 Buy Paul Chow Individual 08. May 19 08. May 19 6,000 CA$0.46 CA$2,760
03. May 19 Buy Leigh Hughes Individual 02. May 19 02. May 19 5,000 CA$0.49 CA$2,450
30. Apr 19 Buy Leigh Hughes Individual 12. Apr 19 15. Apr 19 40,000 CA$0.58 CA$22,722
16. Apr 19 Buy Paul Chow Individual 11. Apr 19 11. Apr 19 30,000 CA$0.56 CA$16,800
19. Mar 19 Buy Paul Chow Individual 18. Mar 19 18. Mar 19 1,500 CA$0.59 CA$885
15. Mar 19 Buy Leigh Hughes Individual 14. Mar 19 14. Mar 19 70,000 CA$0.71 CA$49,700
14. Mar 19 Buy Leigh Hughes Individual 12. Mar 19 13. Mar 19 262,000 CA$0.75 CA$186,650
09. Oct 18 Buy Paul Chow Individual 09. Oct 18 09. Oct 18 6,850,000 CA$0.01 CA$68,499
21. Jan 19 Buy Leigh Hughes Individual 08. Jan 19 17. Jan 19 102,000 CA$0.64 CA$59,158
09. Jan 19 Buy Leigh Hughes Individual 08. Jan 19 08. Jan 19 45,000 CA$0.60 CA$26,850
07. Jan 19 Buy Leigh Hughes Individual 06. Dec 18 28. Dec 18 67,000 CA$0.42 CA$24,164
07. Jan 19 Buy Leigh Hughes Individual 01. Nov 18 07. Nov 18 152,000 CA$0.64 CA$82,336
26. Dec 18 Buy Paul Chow Individual 21. Dec 18 21. Dec 18 75,000 CA$0.34 CA$24,950
18. Dec 18 Buy Paul Chow Individual 12. Dec 18 12. Dec 18 15,000 CA$0.37 CA$5,550
13. Dec 18 Buy Paul Chow Individual 06. Dec 18 11. Dec 18 50,000 CA$0.40 CA$19,031
12. Nov 18 Buy Paul Chow Individual 23. Oct 18 23. Oct 18 10,000 CA$0.52 CA$5,200
02. Nov 18 Buy Leigh Hughes Individual 17. Oct 18 01. Nov 18 178,500 CA$0.76 CA$101,719
30. Oct 18 Buy Paul Chow Individual 30. Oct 18 30. Oct 18 24,500 CA$0.44 CA$10,685
24. Oct 18 Buy Paul Chow Individual 22. Oct 18 24. Oct 18 16,500 CA$0.55 CA$8,788
X
Management checks
We assess Next Green Wave Holdings'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. Next Green Wave Holdings 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.

News

Simply Wall St News

Company Info

Description

Next Green Wave Holdings Inc. operates as an integrated seed-to-consumer premium medicinal and recreational cannabis company in California. The company engages in the cultivation and distribution of cannabis. It holds a total of 15 acres of cannabis land. Next Green Wave Holdings Inc. offers its products under the Carey Hart, LOKI THE WOLFDOG, King Louie, Sketchy Tank, Junkyard, SD Cannabis, Toy Machine Co, THORN ST BREW BOMB, and ONSOMESHIT brands. The company was formerly known as Crossgate Capital Corporation and changed its name to Next Green Wave Holdings Inc. in August 2018. Next Green Wave Holdings Inc. was incorporated in 2011 and is based in Vancouver, Canada.

Details
Name: Next Green Wave Holdings Inc.
NGW
Exchange: CNSX
Founded: 2011
CA$35,550,792
158,003,522
Website: http://www.nextgreenwave.com
Address: Next Green Wave Holdings Inc.
1680-200 Burrard Street,
Vancouver,
British Columbia, V6C 3L6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX NGW Common Shares Canadian National Stock Exchange CA CAD 10. Oct 2018
OTCPK NXGW.F Common Shares Pink Sheets LLC US USD 10. Oct 2018
Number of employees
Current staff
Staff numbers
0
Next Green Wave Holdings employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:35
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/08/29
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.