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Pivot Pharmaceuticals

CNSX:PVOT
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PVOT
CNSX
$40M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

Pivot Pharmaceuticals Inc., a bio-cannabis consumer products company, engages in the commercialization of health and wellness products. The last earnings update was 97 days ago. More info.


Add to Portfolio Compare Print
  • Pivot Pharmaceuticals has significant price volatility in the past 3 months.
PVOT Share Price and Events
7 Day Returns
-17.1%
CNSX:PVOT
-5.9%
CA Pharmaceuticals
1.3%
CA Market
1 Year Returns
-37.6%
CNSX:PVOT
-46.7%
CA Pharmaceuticals
-0.1%
CA Market
PVOT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pivot Pharmaceuticals (PVOT) -17.1% -13.4% -21.6% -37.6% - -
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
  • PVOT outperformed the Pharmaceuticals industry which returned -46.7% over the past year.
  • PVOT underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
PVOT
Industry
5yr Volatility vs Market

Value

 Is Pivot Pharmaceuticals 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 Pivot Pharmaceuticals. 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 Pivot Pharmaceuticals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pivot Pharmaceuticals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PVOT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.10
OTCPK:PVOT.F Share Price ** OTCPK (2019-09-20) in USD $0.23
OTCPK:PVOT.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.326 CA$0.31
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 Pivot Pharmaceuticals.

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

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

= 0.31 ÷ -0.10

-3.22x

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

  • Pivot Pharmaceuticals is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • Pivot Pharmaceuticals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Pivot Pharmaceuticals's expected growth come at a high price?
Raw Data
CNSX:PVOT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.22x
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 Pivot Pharmaceuticals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pivot Pharmaceuticals's assets?
Raw Data
CNSX:PVOT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.03
OTCPK:PVOT.F Share Price * OTCPK (2019-09-20) in USD $0.23
OTCPK:PVOT.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.326 CA$0.31
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:PVOT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.31 ÷ 0.03

9.64x

* Primary Listing of Pivot Pharmaceuticals.

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

  • Pivot Pharmaceuticals is overvalued based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess Pivot Pharmaceuticals'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. Pivot Pharmaceuticals 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.

Future Performance

 How is Pivot Pharmaceuticals 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 Pivot Pharmaceuticals 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 Pivot Pharmaceuticals expected to grow at an attractive rate?
  • Unable to compare Pivot Pharmaceuticals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pivot Pharmaceuticals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Pivot Pharmaceuticals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:PVOT 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:PVOT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:PVOT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 -3 -9
2019-01-31 -5 -9
2018-10-31 -5 -9
2018-07-31 -4 -4
2018-04-30 -3 -2
2018-01-31 -1 0
2017-10-31 0 -1
2017-07-31 0 -3
2017-04-30 0 -4
2017-01-31 0 -8
2016-10-31 0 -16
2016-07-31 0 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pivot Pharmaceuticals is high growth as no earnings estimate data is available.
  • Unable to determine if Pivot Pharmaceuticals 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:PVOT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pivot Pharmaceuticals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PVOT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.10
2019-01-31 -0.10
2018-10-31 -0.10
2018-07-31 -0.04
2018-04-30 -0.02
2018-01-31 0.00
2017-10-31 -0.01
2017-07-31 -0.03
2017-04-30 -0.06
2017-01-31 -0.11
2016-10-31 -0.21
2016-07-31 -0.19

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

Next steps:

  1. Pivot Pharmaceuticals'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
  2. Pivot Pharmaceuticals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Pivot Pharmaceuticals'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.
Pivot Pharmaceuticals 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 Pivot Pharmaceuticals 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 Pivot Pharmaceuticals'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.
  • Pivot Pharmaceuticals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Pivot Pharmaceuticals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pivot Pharmaceuticals's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
Pivot Pharmaceuticals'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 Pivot Pharmaceuticals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PVOT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 -8.92 5.18 0.38
2019-01-31 -9.15 5.40 0.43
2018-10-31 -8.86 4.54 0.40
2018-07-31 -3.69 3.24 0.32
2018-04-30 -1.74 2.38 0.20
2018-01-31 -0.04 1.10 0.09
2017-10-31 -0.78 1.77
2017-07-31 -2.62 2.33
2017-04-30 -4.47 3.73
2017-01-31 -8.19 7.60
2016-10-31 -16.42 15.88
2016-07-31 -14.74 14.63
2016-04-30 -15.64 15.64
2016-01-31 -14.51 14.51
2015-10-31 -5.96 4.63
2015-07-31 -6.09 4.62
2015-04-30 -2.87 1.47
2015-01-31 -1.43 0.08
2014-10-31 -0.17 0.05
2014-07-31 -0.60 0.05
2014-04-30 -0.61 0.05
2014-01-31 -0.75 0.05
2013-10-31 -0.77 0.05
2013-07-31 -0.23 0.06
2013-04-30 -0.30 0.06
2013-01-31 0.34 0.09
2012-10-31 -0.55 0.04 0.01

*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 Pivot Pharmaceuticals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pivot Pharmaceuticals 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 Pivot Pharmaceuticals 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 Pivot Pharmaceuticals'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.
Pivot Pharmaceuticals 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 Pivot Pharmaceuticals'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 Pivot Pharmaceuticals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pivot Pharmaceuticals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Pivot Pharmaceuticals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Pivot Pharmaceuticals'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 not covered by short term assets, assets are 0.1x 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 Pivot Pharmaceuticals Company Filings, last reported 4 months ago.

CNSX:PVOT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 3.37 2.93 0.05
2019-01-31 3.51 3.50 0.07
2018-10-31 4.51 3.58 0.53
2018-07-31 4.30 4.59 0.62
2018-04-30 5.89 4.44 1.94
2018-01-31 -0.06 0.25 0.08
2017-10-31 0.24 0.26 0.32
2017-07-31 -1.61 0.49 0.01
2017-04-30 -2.37 0.50 0.06
2017-01-31 -1.92 0.36 0.15
2016-10-31 -1.56 0.19 0.28
2016-07-31 -0.92 0.00 0.00
2016-04-30 -0.64 0.00 0.04
2016-01-31 -0.46 0.00 0.10
2015-10-31 0.06 0.00 0.19
2015-07-31 0.18 0.00 0.27
2015-04-30 -0.06 0.00 0.03
2015-01-31 -0.07 0.00 0.00
2014-10-31 -0.77 0.39 0.00
2014-07-31 -0.60 0.36 0.01
2014-04-30 -0.57 0.36 0.00
2014-01-31 -0.75 0.34 0.00
2013-10-31 -0.77 0.24 0.01
2013-07-31 -0.69 0.23 0.00
2013-04-30 -0.65 0.22 0.02
2013-01-31 -0.67 0.22 0.00
2012-10-31 -0.61 0.20 0.00
  • Pivot Pharmaceuticals's level of debt (87%) compared to net worth is high (greater than 40%).
  • Pivot Pharmaceuticals had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Pivot Pharmaceuticals has less than a year of cash runway based on current free cash flow.
  • Pivot Pharmaceuticals has less than a year of cash runway if free cash flow continues to grow at historical rates of 95.9% each year.
X
Financial health checks
We assess Pivot Pharmaceuticals'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. Pivot Pharmaceuticals has a total score of 1/6, 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 Pivot Pharmaceuticals'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 Pivot Pharmaceuticals dividends.
If you bought CA$2,000 of Pivot Pharmaceuticals 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 Pivot Pharmaceuticals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pivot Pharmaceuticals'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:PVOT 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 Pivot Pharmaceuticals has not reported any payouts.
  • Unable to verify if Pivot Pharmaceuticals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pivot Pharmaceuticals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pivot Pharmaceuticals 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 Pivot Pharmaceuticals'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 Pivot Pharmaceuticals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pivot Pharmaceuticals 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 Pivot Pharmaceuticals'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
Toni Rinow
TENURE AS CEO 0.1 years
CEO Bio

Dr. Toni Rinow, Ph.D., MBA serves as Chief Executive Officer of Pivot Pharmaceuticals Inc. since August 19, 2019. Dr. Rinow served as the Chief Financial Officer of JSS Medical Research, Inc. until January 21, 2016. Dr. Rinow served as Head of Investment Relations and Corporate Development of Neptune Technologies & Bioresources, Inc. since October 2007. Dr. Rinow served as an Executive Director, Business Development of Methylgene Inc. Prior to joining Methylgene Inc. in 2001, she served as Senior Analyst, Business Development at ConjuChem Inc. where she was involved in the identification and evaluation of a number of international research and licensing agreements. Prior to her time at ConjuChem, she spent time at SmithKline Beecham in Germany and Canada. Dr. Rinow serves as director of BIOQuebec,´ a Quebec´ biotechnology association. She holds a Ph.D. in Chemistry from the University of Montreal and a chemical engineering degree from Ecole Nationale Superieure´d'Ingenieur´ in France. Dr. Rinow is a catalyst for growth and strategic global expansion in healthcare companies and well known for accelerating revenue streams through acquisitions, corporate development, sales and marketing, and financings. With a proven track record in international corporate development and sales and financing of companies, she held leadership roles in public and private healthcare organizations , where she spearheaded acquisitions across Canada, Latin America, Europe and India.

CEO Compensation
  • Insufficient data for Toni to compare compensation growth.
  • Insufficient data for Toni to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Pivot Pharmaceuticals management team in years:

1.5
Average Tenure
50
Average Age
  • The average tenure for the Pivot Pharmaceuticals management team is less than 2 years, this suggests a new team.
Management Team

Moira Ong

TITLE
Chief Financial Officer
COMPENSATION
CA$100K
AGE
44
TENURE
8.8 yrs

Joe Borovsky

TITLE
Executive VP of Technology & Director
COMPENSATION
CA$153K
AGE
72
TENURE
1.5 yrs

Krisztian Toth

TITLE
Executive Chairman

Toni Rinow

TITLE
Chief Executive Officer
TENURE
0.1 yrs

Russell Starr

TITLE
President & Director
TENURE
0.2 yrs

Chris Lucky

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Wolfgang Renz

TITLE
Chief Medical Officer
AGE
50
TENURE
1.5 yrs

Leonid Lurya

TITLE
Executive Director of Product Formulation & Member of Scientific Advisory Board
TENURE
1.5 yrs

Giora Davidai

TITLE
Consultant
Board of Directors Tenure

Average tenure and age of the Pivot Pharmaceuticals board of directors in years:

1.1
Average Tenure
66
Average Age
  • The average tenure for the Pivot Pharmaceuticals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Joe Borovsky

TITLE
Executive VP of Technology & Director
COMPENSATION
CA$153K
AGE
72
TENURE
1.1 yrs

Krisztian Toth

TITLE
Executive Chairman
TENURE
0.3 yrs

Russell Starr

TITLE
President & Director

Wolfgang Renz

TITLE
Chief Medical Officer
AGE
50
TENURE
4.6 yrs

Leonid Lurya

TITLE
Executive Director of Product Formulation & Member of Scientific Advisory Board
TENURE
1.8 yrs

Patrick McGeer

TITLE
Member of Scientific & Clinical Advisory Board

Ross Franklin

TITLE
Member of Scientific Advisory Board
TENURE
1.8 yrs

Jim Natoli

TITLE
Member of Scientific Advisory Board
TENURE
1 yrs

Joe Mimran

TITLE
Member of Advisory Committee
AGE
66
TENURE
0.3 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$) Value (CA$)
05. Jun 19 Buy Krisztian Toth Individual 31. May 19 31. May 19 1,049,280 CA$0.25 CA$262,319
05. Jun 19 Buy Patrick Frankham Individual 03. Jun 19 03. Jun 19 8,000 CA$0.47 CA$3,760
24. May 19 Sell Ahmad Doroudian Individual 15. May 19 15. May 19 -200,000 CA$0.25 CA$-50,000
27. Oct 18 Buy Ahmad Doroudian Individual 22. Oct 18 22. Oct 18 375,000 CA$0.40 CA$150,000
X
Management checks
We assess Pivot Pharmaceuticals'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. Pivot Pharmaceuticals 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

Pivot Pharmaceuticals Inc., a bio-cannabis consumer products company, engages in the commercialization of health and wellness products. It offers tablets, capsules and soft gels, bulk powder, stick packs, infused beverages, oral solutions, lotions, creams, gels, gums, mints, candies, intimate lubricant, and pet supplements. The company engages in developing a pharmaceutical pipeline for cancer supportive care, restless leg syndrome, pain and inflammation, female sexual dysfunction, dermatology, migraine, and eye diseases. It provides its products under the Pivot Naturals brand through wholesale, retail, e-commerce, and government partners. The company was formerly known as Neurokine Pharmaceuticals Inc. and changed its name to Pivot Pharmaceuticals Inc. in April 2015. Pivot Pharmaceuticals Inc. was founded in 2002 and is based in Vancouver, Canada.

Details
Name: Pivot Pharmaceuticals Inc.
PVOT
Exchange: CNSX
Founded: 2002
$52,444,079
171,039,468
Website: http://pivotpharma.com
Address: Pivot Pharmaceuticals Inc.
1275 West 6th Avenue,
Suite 300,
Vancouver,
British Columbia, V6H 1A6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK PVOT.F Common Stock Pink Sheets LLC US USD 08. Oct 2009
DB NPAT Common Stock Deutsche Boerse AG DE EUR 08. Oct 2009
CNSX PVOT Common Stock Canadian National Stock Exchange CA CAD 08. Oct 2009
Number of employees
Current staff
Staff numbers
0
Pivot Pharmaceuticals employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 01:00
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/06/17
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/01/31


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.