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Glance Technologies

CNSX:GET
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GET
CNSX
CA$6M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

Glance Technologies Inc., a financial technology company, develops and operates mobile payment processing software and smart-phone applications in Canada and the United States. The last earnings update was 93 days ago. More info.


Add to Portfolio Compare Print
  • Glance Technologies has significant price volatility in the past 3 months.
GET Share Price and Events
7 Day Returns
-18.2%
CNSX:GET
0.4%
CA Software
1.2%
CA Market
1 Year Returns
-84.5%
CNSX:GET
15.2%
CA Software
-0.4%
CA Market
GET Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Glance Technologies (GET) -18.2% -30.8% -60.9% -84.5% -82.7% -
CA Software 0.4% 1.8% 2.3% 15.2% 73.7% 159%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • GET underperformed the Software industry which returned 15.2% over the past year.
  • GET underperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
GET
Industry
5yr Volatility vs Market

Value

 Is Glance Technologies 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 Glance Technologies. This is due to cash flow or dividend data being unavailable. The share price is CA$0.045.
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 Glance Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Glance Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:GET PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$-0.04
CNSX:GET Share Price ** CNSX (2019-09-19) in CAD CA$0.05
Canada Software Industry PE Ratio Median Figure of 17 Publicly-Listed Software Companies 26.47x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of Glance Technologies.

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

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

= 0.05 ÷ -0.04

-1.1x

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

  • Glance Technologies is loss making, we can't compare its value to the CA Software industry average.
  • Glance Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Glance Technologies's expected growth come at a high price?
Raw Data
CNSX:GET PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Software Industry PEG Ratio Median Figure of 8 Publicly-Listed Software Companies 2.82x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 Glance Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Glance Technologies's assets?
Raw Data
CNSX:GET PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.08
CNSX:GET Share Price * CNSX (2019-09-19) in CAD CA$0.05
Canada Software Industry PB Ratio Median Figure of 88 Publicly-Listed Software Companies 2.92x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:GET PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.08

0.6x

* Primary Listing of Glance Technologies.

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

  • Glance Technologies is good value based on assets compared to the CA Software industry average.
X
Value checks
We assess Glance Technologies'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. Glance Technologies 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 Glance Technologies 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 Glance Technologies 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
9.2%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Glance Technologies expected to grow at an attractive rate?
  • Unable to compare Glance Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Glance Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Glance Technologies's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:GET Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average 9.2%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 15.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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:GET Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:GET Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 0 -8 -6
2019-02-28 1 -10 -3
2018-11-30 2 -14 -13
2018-08-31 2 -16 -18
2018-05-31 2 -14 -17
2018-02-28 2 -12 -14
2017-11-30 1 -6 -10
2017-08-31 0 -4 -5
2017-05-31 0 -3 -4
2017-02-28 0 -2 -3
2016-11-30 0 -1 -2
2016-08-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

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

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

CNSX:GET Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 -0.04
2019-02-28 -0.02
2018-11-30 -0.10
2018-08-31 -0.14
2018-05-31 -0.15
2018-02-28 -0.14
2017-11-30 -0.12
2017-08-31 -0.08
2017-05-31 -0.06
2017-02-28 -0.06
2016-11-30 -0.04
2016-08-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Glance Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Glance Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Glance Technologies'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
  3. Glance Technologies'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 Glance Technologies'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.
Glance Technologies 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 Glance Technologies 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 Glance Technologies's growth in the last year to its industry (Software).
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.
  • Glance Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Glance Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Glance Technologies's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
Glance Technologies'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 Glance Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:GET Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 0.38 -5.61 6.14 3.84
2019-02-28 0.56 -3.34 7.89 2.73
2018-11-30 1.70 -13.03 11.30 2.64
2018-08-31 2.31 -18.35 15.94 2.22
2018-05-31 2.33 -17.02 15.51 1.44
2018-02-28 2.23 -13.66 13.31 0.82
2017-11-30 1.07 -9.76 9.34 0.59
2017-08-31 0.39 -4.93 3.97 0.51
2017-05-31 0.15 -3.75 2.83 0.48
2017-02-28 0.02 -2.99 2.39 0.45
2016-11-30 0.01 -2.15 1.68 0.38
2016-08-31 0.00 -1.21 0.90 0.29
2016-05-31 -1.06 0.62 0.22
2016-02-29 -0.65 0.29 0.15
2015-11-30 -0.54 0.22 0.10
2014-11-30 0.00 0.00

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Glance Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Glance Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Glance Technologies'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.
  • Glance Technologies 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 Glance Technologies Company Filings, last reported 3 months ago.

CNSX:GET Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 10.29 0.00 7.08
2019-02-28 16.90 0.00 9.72
2018-11-30 11.95 0.00 5.63
2018-08-31 12.38 0.00 7.24
2018-05-31 14.71 0.00 10.67
2018-02-28 18.14 0.00 13.38
2017-11-30 11.62 0.00 10.29
2017-08-31 1.85 0.00 0.87
2017-05-31 1.88 0.00 1.08
2017-02-28 1.13 0.00 0.46
2016-11-30 0.96 0.00 0.36
2016-08-31 1.47 0.00 0.86
2016-05-31 0.81 0.00 0.21
2016-02-29 0.91 0.00 0.34
2015-11-30 0.97 0.00 0.11
2014-11-30 0.01 0.00
  • Glance Technologies has no debt.
  • Glance Technologies has not taken on any debt in the past 5 years.
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.

  • Glance Technologies has less than a year of cash runway based on current free cash flow.
  • Glance Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 67.5% each year.
X
Financial health checks
We assess Glance Technologies'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. Glance Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Glance Technologies'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 Glance Technologies dividends.
If you bought CA$2,000 of Glance Technologies 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 Glance Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Glance Technologies'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:GET 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 Software Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 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 Glance Technologies has not reported any payouts.
  • Unable to verify if Glance Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Glance Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Glance Technologies 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 Glance Technologies'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 Glance Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Glance Technologies 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 Glance Technologies'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
Jonathan Hoyles
TENURE AS CEO 0.3 years
CEO Bio

Mr. Jonathan Hoyles is Interim Chief Executive Officer and Director of Glance Technologies Inc since June 12, 2019. He was Chief Commercial Officer & General Counsel of Glance Technologies Inc. since June 2018 until June 12, 2019. Mr. Hoyles joined Glance in January 2018 as In-House Legal Counsel. Prior to joining Glance Technologies Inc., Mr. Hoyles served as Vice President, Legal & General Counsel at the Skidmore Group. Mr. Hoyles also worked on the substantial disposition of Skidmore Group’s ownership stake in GLENTEL Inc. to BCE Inc. and Rogers Communications Inc. in 2016. Prior to moving in-house, he practised law at Blake, Cassels & Graydon LLP and Bennett Jones LLP. Mr. Hoyles has significant experience working on venture capital investments, public market financings and mergers and acquisitions. Mr. Hoyles previously practised law at two of Canada's largest law firms: Blake, Cassels & Graydon LLP and Bennett Jones LLP. Mr. Hoyles has been admitted to the Bars of British Columbia and Alberta and holds a Juris Doctor from the University of New Brunswick and an MBA from Queen's University.

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

Average tenure of the Glance Technologies management team in years:

0.3
Average Tenure
  • The average tenure for the Glance Technologies management team is less than 2 years, this suggests a new team.
Management Team

Jonathan Hoyles

TITLE
Interim CEO & Director
TENURE
0.3 yrs

Desmond Griffin

TITLE
Co-Founder & Advisor
AGE
45

Gary Zhang

TITLE
Chief Technology Officer
TENURE
0.3 yrs

Lewisa Anciano

TITLE
Chief People & Culture Officer
TENURE
1.8 yrs

David Drake

TITLE
Board of Directors Tenure

Average tenure and age of the Glance Technologies board of directors in years:

1.8
Average Tenure
61
Average Age
  • The average tenure for the Glance Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kirk Herrington

TITLE
Chairman
AGE
60
TENURE
1.9 yrs

Jonathan Hoyles

TITLE
Interim CEO & Director
TENURE
0.3 yrs

James Topham

TITLE
Independent Director
AGE
68
TENURE
3.3 yrs

Larry Timlick

TITLE
Independent Director
AGE
62
TENURE
2.4 yrs

Dinis Guarda

TITLE
Member of Advisory Board
TENURE
1.8 yrs

Alexander Perkins

TITLE
Member of Advisory Board
TENURE
1.8 yrs

Evan Luthra

TITLE
Member of Advisory Board
TENURE
1.7 yrs

Debra Williams

TITLE
Member of Advisory Board
TENURE
1.8 yrs

Steve Cadigan

TITLE
Director
AGE
55
TENURE
1.3 yrs

Neil Crist

TITLE
Member of Advisory Board
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • Glance Technologies individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Jul 19 Sell Desmond Griffin Individual 15. Jul 19 17. Jul 19 -122,100 CA$0.09 CA$-10,731
11. Jul 19 Buy Jonathan Hoyles Individual 11. Jul 19 11. Jul 19 10,000 CA$0.10 CA$950
29. Jun 19 Sell Desmond Griffin Individual 26. Jun 19 26. Jun 19 -402,000 CA$0.11 CA$-42,745
30. Jun 19 Sell Desmond Griffin Individual 27. Jun 19 27. Jun 19 -3,625 CA$0.11 CA$-381
30. Jun 19 Sell Desmond Griffin Individual 27. Jun 19 27. Jun 19 -80,000 CA$0.11 CA$-8,100
28. Jun 19 Buy Jonathan Hoyles Individual 28. Jun 19 28. Jun 19 29,000 CA$0.10 CA$2,755
28. Jun 19 Sell Desmond Griffin Individual 24. Jun 19 25. Jun 19 -411,500 CA$0.11 CA$-45,563
28. Jun 19 Buy Desmond Griffin Individual 24. Jun 19 24. Jun 19 20,000 CA$0.12 CA$2,400
24. May 19 Buy Kirk Herrington Individual 22. May 19 23. May 19 100,000 CA$0.15 CA$14,543
X
Management checks
We assess Glance Technologies'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. Glance Technologies 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

Do Institutions Own Glance Technologies Inc. (CNSX:GET) Shares?

Check out our latest analysis for Glance Technologies CNSX:GET Ownership Summary, August 15th 2019 What Does The Lack Of Institutional Ownership Tell Us About Glance Technologies? … Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them. … However, high insider ownership can also give immense power to a small group within the company.

Simply Wall St -

If You Had Bought Glance Technologies (CNSX:GET) Stock A Year Ago, You'd Be Sitting On A 78% Loss, Today

Check out our latest analysis for Glance Technologies We don't think Glance Technologies's revenue of CA$564,456 is enough to establish significant demand. … It seems likely some shareholders believe that Glance Technologies will significantly advance the business plan before too long. … A Different Perspective While Glance Technologies shareholders are down 78% for the year, the market itself is up 1.6%.

Simply Wall St -

The Glance Technologies (CNSX:GET) Share Price Is Down 78% So Some Shareholders Are Rather Upset

See our latest analysis for Glance Technologies With just CA$564,456 worth of revenue in twelve months, we don't think the market considers Glance Technologies to have proven its business plan. … It seems likely some shareholders believe that Glance Technologies will significantly advance the business plan before too long. … A Different Perspective While Glance Technologies shareholders are down 78% for the year, the market itself is up 1.6%.

Simply Wall St -

What Kind Of Investor Owns Most Of Glance Technologies Inc. (CNSX:GET)?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Glance Technologies is a smaller company with a market capitalization of CA$21m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Have Insiders Been Selling Glance Technologies Inc. (CNSX:GET) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So before you buy or sell Glance Technologies Inc. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'.

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Glance Technologies Inc. (CNSX:GET): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

Glance Technologies Inc (CNSX:GET): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does GET's growth rate justify its decision for financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

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Company Info

Description

Glance Technologies Inc., a financial technology company, develops and operates mobile payment processing software and smart-phone applications in Canada and the United States. It owns and operates the Glance Pay mobile payments application; Glance Merchant App, a mobile point-of-sale and loyalty solution; and Glance Coin is the cryptocurrency for consumers and gives merchants next-level control in creating and customizing the special offer. Glance Technologies Inc. is headquartered in Vancouver, Canada.

Details
Name: Glance Technologies Inc.
GET
Exchange: CNSX
Founded:
CA$6,153,200
136,737,783
Website: http://www.glance.tech
Address: Glance Technologies Inc.
200 Granville Street,
Suite 400,
Vancouver,
British Columbia, V6C 1S4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX GET Common Shares Canadian National Stock Exchange CA CAD 07. Sep 2016
OTCPK GLNN.F Common Shares Pink Sheets LLC US USD 07. Sep 2016
DB GJT Common Shares Deutsche Boerse AG DE EUR 07. Sep 2016
Number of employees
Current staff
Staff numbers
48
Glance Technologies employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:12
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/06/19
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/11/30


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.