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Glorious Creation

CNSX:GCIT
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GCIT
CNSX
CA$392K
Market Cap
  1. Home
  2. CA
  3. Software
Company description

Glorious Creation Limited, through its subsidiaries, engages in the IT related consulting and Internet marketing, and Aand consulting businesses. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Glorious Creation has significant price volatility in the past 3 months.
GCIT Share Price and Events
7 Day Returns
0%
CNSX:GCIT
-2.4%
CA IT
1.2%
CA Market
1 Year Returns
-
CNSX:GCIT
17.1%
CA IT
-0.2%
CA Market
GCIT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Glorious Creation (GCIT) 0% 0% - - - -
CA IT -2.4% 2.2% 0.6% 17.1% 65.1% 164.3%
CA Market 1.2% 4.2% 1.5% -0.2% 8.4% 1.8%
1 Year Return vs Industry and Market
  • No trading data on GCIT.
  • No trading data on GCIT.
Price Volatility
GCIT
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Glorious Creation 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.

In this section, we usually try to help investors determine whether Glorious Creation is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Glorious Creation has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Glorious Creation. This is due to cash flow or dividend data being unavailable. The share price is CA$0.01.
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 Glorious Creation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Glorious Creation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:GCIT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.03
CNSX:GCIT Share Price ** CNSX (2019-07-31) in CAD CA$0.01
North America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 34.01x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 14.15x

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

** Primary Listing of Glorious Creation.

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

= CNSX:GCIT Share Price ÷ EPS (both in CAD)

= 0.01 ÷ -0.03

-0.34x

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

  • Glorious Creation is loss making, we can't compare its value to the North America IT industry average.
  • Glorious Creation is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Glorious Creation's expected growth come at a high price?
Raw Data
CNSX:GCIT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.56x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Glorious Creation, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Glorious Creation's assets?
Raw Data
CNSX:GCIT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.01
CNSX:GCIT Share Price * CNSX (2019-07-31) in CAD CA$0.01
Canada IT Industry PB Ratio Median Figure of 21 Publicly-Listed IT Companies 2.22x
Canada Market PB Ratio Median Figure of 2,452 Publicly-Listed Companies 1.44x
CNSX:GCIT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:GCIT Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ -0.01

-0.87x

* Primary Listing of Glorious Creation.

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

  • Glorious Creation has negative assets, we can't compare the value of its assets to the CA IT industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Glorious Creation's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the IT industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Glorious Creation'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Glorious Creation 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 Glorious Creation 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 Glorious Creation 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
8.6%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Glorious Creation expected to grow at an attractive rate?
  • Unable to compare Glorious Creation's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Glorious Creation's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Glorious Creation's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:GCIT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada IT Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
Canada IT Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
CNSX:GCIT 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 CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:GCIT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -1 -1
2019-03-31 0 -1 -1
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 0 -1 -1
2017-12-31 0 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

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

CNSX:GCIT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.03
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.06

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

Next steps:

  1. Glorious Creation'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 Software companies here
  2. Glorious Creation'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 Glorious Creation'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.
Glorious Creation 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 Glorious Creation 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 Glorious Creation's growth in the last year to its industry (IT).
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.
  • Glorious Creation does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Glorious Creation's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Glorious Creation's 1-year growth to the North America IT industry average as it is not currently profitable.
Earnings and Revenue History
Glorious Creation'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 Glorious Creation Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:GCIT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.05 -1.17 0.89
2019-03-31 0.07 -1.35 1.06
2018-12-31 0.07 -1.49 1.22
2018-09-30 0.03 -1.49 1.35
2018-06-30 0.03 -1.38 1.24
2018-03-31 0.02 -1.26 1.16
2017-12-31 0.03 -1.15 1.08
2017-09-30 0.04 -1.05 1.03
2017-06-30 0.13 -1.01 0.94
2017-03-31 0.12 -0.88 0.81
2016-12-31 0.11 -0.75 0.70
2015-12-31 0.10 -0.14 0.23

*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 Glorious Creation has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Glorious Creation has efficiently used its assets last year compared to the North America IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Glorious Creation improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Glorious Creation'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 IT 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.
Glorious Creation 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 Glorious Creation'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 Glorious Creation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Glorious Creation's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Glorious Creation has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Glorious Creation'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.
  • Glorious Creation has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Glorious Creation Company Filings, last reported 2 months ago.

CNSX:GCIT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -0.65 0.44 0.01
2019-03-31 -0.52 0.30 0.03
2018-12-31 -0.35 0.29 0.03
2018-09-30 0.05 0.19 0.08
2018-06-30 0.30 0.09 0.18
2018-03-31 0.59 0.06 0.50
2017-12-31 0.39 0.01 0.27
2017-09-30 0.71 0.17 0.82
2017-06-30 -0.46 0.24 0.05
2017-03-31 -0.05 0.07 0.13
2016-12-31 -0.05 0.07 0.13
2015-12-31 0.06 0.19 0.03
  • Glorious Creation has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Glorious Creation's debt level has increased considering it has negative shareholder equity.
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.

  • Glorious Creation has less than a year of cash runway based on current free cash flow.
  • Glorious Creation has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.1% each year.
X
Financial health checks
We assess Glorious Creation'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. Glorious Creation 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 Glorious Creation'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 Glorious Creation dividends.
If you bought CA$2,000 of Glorious Creation 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 Glorious Creation's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Glorious Creation'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:GCIT 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 IT Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

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

  • Unable to perform a dividend volatility check as Glorious Creation has not reported any payouts.
  • Unable to verify if Glorious Creation's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Glorious Creation's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Glorious Creation 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 Glorious Creation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Glorious Creation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Glorious Creation 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 Glorious Creation'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
Yurik Norm
TENURE AS CEO 0.2 years
CEO Bio

Mr. Norm Yurik has been Chief Executive Officer and Director of Glorious Creation Limited since July 10, 2019. Mr. Yurik is a CPA and former tax partner at Deloitte LLP, where he had worked from 1979 to 2017. Mr. Yurik led the Merger and Acquisition Group of Deloitte LLP in British Columbia for 20 years and was responsible for both tax planning and structuring and client service for some of Deloitte’s most significant clients in Vancouver. Mr. Yurik has extensive experience working with public companies, family offices and high net worth individuals. He has worked in jurisdictions such as the US, UK, Australia, Barbados, Africa, Luxembourg, Jersey Islands plus various other countries. He has served on various Institute Boards and Charitable Boards over the past 20 years. Mr. Yurik is a director of Russell Breweries Inc. and Asian Mineral Resources Limited.

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

Andrea Ke

TITLE
Chief Financial Officer
COMPENSATION
CA$102K
AGE
46
TENURE
3.6 yrs

Yurik Norm

TITLE
CEO & Director
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure of the Glorious Creation board of directors in years:

3.3
Average Tenure
  • The tenure for the Glorious Creation board of directors is about average.
Board of Directors

Yurik Norm

TITLE
CEO & Director
TENURE
0.2 yrs

Alan Foster

TITLE
Independent Director
COMPENSATION
CA$12K
AGE
65
TENURE
3.3 yrs

Ian Mallmann

TITLE
Independent Director
COMPENSATION
CA$12K
AGE
58
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Glorious Creation'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. Glorious Creation 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

What You Must Know About Glorious Creation Limited's (CNSX:GCIT) Financial Strength

Glorious Creation Limited (CNSX:GCIT) is a small-cap stock with a market capitalization of CA$23.53m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Internet industry,

Simply Wall St -

Company Info

Description

Glorious Creation Limited, through its subsidiaries, engages in the IT related consulting and Internet marketing, and Aand consulting businesses. The company operates an e-commerce platform that provides various IT services and logistics management for the execution of commerce; and a business to business online marketplace for linking small- to medium-sized enterprises. It also offers marketing and sales support, and logistics and administrative services, as well as access to various government licenses. The company has operations in Canada, Hong Kong, China, and Vietnam. Glorious Creation Limited is headquartered in Vancouver, Canada.

Details
Name: Glorious Creation Limited
GCIT
Exchange: CNSX
Founded:
CA$392,220
39,222,001
Website: http://www.gloriouscreationgroup.com
Address: Glorious Creation Limited
1328 West Pender Street,
Suite 405,
Vancouver,
British Columbia, V6E 4T1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX GCIT Common Shares Canadian National Stock Exchange CA CAD 31. Aug 2017
BST GL7 Common Shares Boerse-Stuttgart DE EUR 31. Aug 2017
Number of employees
Current staff
Staff numbers
0
Glorious Creation employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/15 01:21
End of day share price update: 2019/07/31 00:00
Last earnings filing: 2019/08/06
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.