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ICEsoft Technologies Canada

CNSX:ISFT
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ISFT
CNSX
CA$8M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

ICEsoft Technologies Canada Corp. a Java open source technology company, provides mobile Internet applications development solutions for desktop and mobile enterprises in the United States. The last earnings update was 28 days ago. More info.


Add to Portfolio Compare Print
  • ICEsoft Technologies Canada has significant price volatility in the past 3 months.
ISFT Share Price and Events
7 Day Returns
0%
CNSX:ISFT
0.4%
CA Software
1.2%
CA Market
1 Year Returns
-
CNSX:ISFT
15.2%
CA Software
-0.4%
CA Market
ISFT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ICEsoft Technologies Canada (ISFT) 0% 128.6% 39.1% - - -
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
  • No trading data on ISFT.
  • No trading data on ISFT.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

ISFT Value

 Is ICEsoft Technologies Canada 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 ICEsoft Technologies Canada is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ICEsoft Technologies Canada 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 ICEsoft Technologies Canada. This is due to cash flow or dividend data being unavailable. The share price is CA$0.16.
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 ICEsoft Technologies Canada's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ICEsoft Technologies Canada's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:ISFT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.01
CNSX:ISFT Share Price ** CNSX (2019-09-05) in CAD CA$0.16
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 ICEsoft Technologies Canada.

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

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

= 0.16 ÷ -0.01

-12.67x

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

  • ICEsoft Technologies Canada is loss making, we can't compare its value to the CA Software industry average.
  • ICEsoft Technologies Canada is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does ICEsoft Technologies Canada's expected growth come at a high price?
Raw Data
CNSX:ISFT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.67x
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 ICEsoft Technologies Canada, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ICEsoft Technologies Canada's assets?
Raw Data
CNSX:ISFT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.05
CNSX:ISFT Share Price * CNSX (2019-09-05) in CAD CA$0.16
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:ISFT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.16 ÷ -0.05

-3.42x

* Primary Listing of ICEsoft Technologies Canada.

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

  • ICEsoft Technologies Canada has negative assets, we can't compare the value of its assets to the CA Software industry average.

Next steps:

  1. Take a look at our analysis of ISFT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. 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 ICEsoft Technologies Canada's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Software industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess ICEsoft Technologies Canada'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. ICEsoft Technologies Canada 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.

ISFT Future Performance

 How is ICEsoft Technologies Canada 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 ICEsoft Technologies Canada 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 ICEsoft Technologies Canada expected to grow at an attractive rate?
  • Unable to compare ICEsoft Technologies Canada's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ICEsoft Technologies Canada's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare ICEsoft Technologies Canada's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:ISFT 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:ISFT 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:ISFT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 1 -1 -1
2019-03-31 1 -1 -1
2018-12-31 1 0 0
2018-09-30 2 0 0
2018-06-30 2 0 0
2018-03-31 2 0 0
2017-12-31 2 -1 0
2017-09-30 2 0 0
2017-06-30 2 0 0
2017-03-31 2 0 0
2016-12-31 2 -1 0
2016-09-30 2 0 -1

*GAAP earnings excluding extraordinary items.

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

CNSX:ISFT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.07

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

Next steps:

  1. Take a look at our analysis of ISFT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. ICEsoft Technologies Canada'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. ICEsoft Technologies Canada'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 ICEsoft Technologies Canada'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.
ICEsoft Technologies Canada 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.

ISFT Past Performance

  How has ICEsoft Technologies Canada 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 ICEsoft Technologies Canada'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.
  • ICEsoft Technologies Canada does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare ICEsoft Technologies Canada's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ICEsoft Technologies Canada's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
ICEsoft Technologies Canada'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 ICEsoft Technologies Canada Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:ISFT 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 1.41 -0.61 0.54 1.30
2019-03-31 1.40 -0.58 0.64 1.17
2018-12-31 1.49 -0.42 0.54 1.20
2018-09-30 1.59 -0.12 0.65 1.11
2018-06-30 1.65 -0.17 0.69 1.18
2018-03-31 1.73 -0.08 0.65 1.24
2017-12-31 1.75 -0.16 0.75 1.25
2017-09-30 1.78 -0.33 0.78 1.30
2017-06-30 1.83 -0.39 0.87 1.33
2017-03-31 1.86 -0.41 1.06 1.39
2016-12-31 1.92 -0.45 1.17 1.40
2016-09-30 1.96 -1.10 1.61 1.43
2016-06-30 2.03 -1.59 1.65 1.45
2016-03-31 2.06 -1.32 1.17 1.43
2015-12-31 2.10 -2.06 1.89 1.46
2014-12-31 2.18 -1.10 0.87 1.69
2013-12-31 1.98 -2.13 1.46 2.15

*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 ICEsoft Technologies Canada 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 ICEsoft Technologies Canada 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 ICEsoft Technologies Canada 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 ICEsoft Technologies Canada'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.
ICEsoft Technologies Canada 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.

ISFT Health

 How is ICEsoft Technologies Canada'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 ICEsoft Technologies Canada's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ICEsoft Technologies Canada's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • ICEsoft Technologies Canada's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of ICEsoft Technologies Canada'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.
  • ICEsoft Technologies Canada 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 ICEsoft Technologies Canada Company Filings, last reported 2 months ago.

CNSX:ISFT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -2.41 0.86 0.08
2019-03-31 -2.42 0.86 0.16
2018-12-31 -2.65 0.95 0.09
2018-09-30 -2.46 0.93 0.15
2018-06-30 -2.70 0.91 0.10
2018-03-31 -2.69 0.88 0.06
2017-12-31 -2.65 0.78
2017-09-30 -2.77 0.84 0.03
2017-06-30 -2.77 0.80 0.05
2017-03-31 -2.73 0.57 0.02
2016-12-31 -2.66 0.57 0.07
2016-09-30 -2.43 0.37 0.15
2016-06-30 -2.53 0.40 0.16
2016-03-31 -2.80 0.43 0.01
2015-12-31 -4.15 1.23 0.04
2014-12-31 -2.72 1.06 0.03
2013-12-31 -4.32 2.68
  • ICEsoft Technologies Canada has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if ICEsoft Technologies Canada'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.

  • ICEsoft Technologies Canada has less than a year of cash runway based on current free cash flow.
  • ICEsoft Technologies Canada has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.7% each year.
X
Financial health checks
We assess ICEsoft Technologies Canada'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. ICEsoft Technologies Canada has a total score of 0/6, 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.

ISFT Dividends

 What is ICEsoft Technologies Canada'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 ICEsoft Technologies Canada dividends.
If you bought CA$2,000 of ICEsoft Technologies Canada 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 ICEsoft Technologies Canada's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ICEsoft Technologies Canada'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:ISFT 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 ICEsoft Technologies Canada has not reported any payouts.
  • Unable to verify if ICEsoft Technologies Canada's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ICEsoft Technologies Canada's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ICEsoft Technologies Canada 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 ICEsoft Technologies Canada'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 ICEsoft Technologies Canada afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ICEsoft Technologies Canada 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.

ISFT Management

 What is the CEO of ICEsoft Technologies Canada'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
Brian McKinney
COMPENSATION CA$45,000
TENURE AS CEO 17.8 years
CEO Bio

Mr. Brian McKinney served as Chief Executive Officer and President of Stinton Exploration Ltd. since September 24, 2015. Mr. McKinney serves as the Chief Executive Officer and President of ICEsoft Technologies Canada Corp. since December 2001. He served as Executive Officer of ICEsoft Technologies Canada Corp. until June 2005. He served as Assistant General Manager of Wind River Systems Consumer Business Unit. In that capacity, Mr. McKinney was responsible for all global sales initiatives for the Business unit and for running site operations in Canada. Before joining Wind River, he Founded AudeSI Technologies, Inc., in 1997 and served as its President and Chief Executive Officer, where he oversaw operations, capital acquisition and negotiated the sale of AudeSI to Wind River. Prior to AudeSI, Mr. McKinney headed technology and product development for Nortel Networks Consumer Products Group. During his five years at Nortel, he oversaw the development and introduction of over 60 leading-edge consumer products. He serves as Chairman of ICEsoft Technologies Canada Corp. and has been its Director since September 24, 2015. He has been a Director of Stinton Exploration Ltd. since September 24, 2015. Mr. McKinney holds a BSc. in Physics and Mathematics from the University of Victoria and an M.ASc, in Engineering from the same institution.

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

Average tenure of the ICEsoft Technologies Canada management team in years:

4
Average Tenure
  • The tenure for the ICEsoft Technologies Canada management team is about average.
Management Team

Brian McKinney

TITLE
Chairman
COMPENSATION
CA$45K
TENURE
17.8 yrs

David Gordon

TITLE
Chief Financial Officer
COMPENSATION
CA$36K
TENURE
3.9 yrs

Steve Maryka

TITLE
Chief Technical Officer

Wilbur Turner

TITLE
Vice President of Sales and Customer Support
COMPENSATION
CA$178K
TENURE
4 yrs
Board of Directors Tenure

Average tenure of the ICEsoft Technologies Canada board of directors in years:

4
Average Tenure
  • The tenure for the ICEsoft Technologies Canada board of directors is about average.
Board of Directors

Brian McKinney

TITLE
Chairman
COMPENSATION
CA$45K

S. Francis

TITLE
Independent Director
TENURE
4 yrs

Derrick Hunter

TITLE
Independent Director
AGE
55
TENURE
4 yrs

Bruce Derrick

TITLE
Independent Director
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by ICEsoft Technologies Canada individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
12. Sep 19 Buy S. Francis Individual 12. Sep 19 12. Sep 19 100,000 CA$0.15 CA$15,000
12. Sep 19 Buy Brian McKinney Individual 12. Sep 19 12. Sep 19 150,000 CA$0.15 CA$22,500
05. Apr 19 Buy S. Francis Individual 02. Apr 19 02. Apr 19 25,000 CA$0.12 CA$3,000
18. Apr 19 Buy Brian McKinney Individual 15. Apr 19 15. Apr 19 130,000 CA$0.12 CA$15,600
29. Mar 19 Buy Bluesky Equities Ltd. Company 26. Mar 19 26. Mar 19 1,666,666 CA$0.12 CA$200,000
X
Management checks
We assess ICEsoft Technologies Canada'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. ICEsoft Technologies Canada 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.

ISFT News

Simply Wall St News

Could ICEsoft Technologies Canada Corp.'s (CNSX:ISFT) Investor Composition Influence The Stock Price?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' With a market capitalization of CA$5.9m, ICEsoft Technologies Canada is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for ICEsoft Technologies Canada CNSX:ISFT Ownership Summary, June 14th 2019 What Does The Lack Of Institutional Ownership Tell Us About ICEsoft Technologies Canada? … Insider Ownership Of ICEsoft Technologies Canada The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

ISFT Company Info

Description

ICEsoft Technologies Canada Corp. a Java open source technology company, provides mobile Internet applications development solutions for desktop and mobile enterprises in the United States. It operates in two segments, Legacy Business and Voyent Business. The company offers Voyent Alert!, a software-as-a-service platform to alert and advise residents during a critical incident, as well as provide targeted day-to-day communication services in small-medium sized municipalities and rural communities; and ICEfaces, an enterprise-grade UI framework for Java EE that improves developer efficiency and reduces time to market. It also provides ICEpdf, a Java-based PDF viewing and content extraction library that supports various fonts, forms, and encryption. The company is headquartered in Calgary, Canada.

Details
Name: ICEsoft Technologies Canada Corp.
ISFT
Exchange: CNSX
Founded:
CA$8,337,398
52,108,739
Website: http://www.icesoft.org
Address: ICEsoft Technologies Canada Corp.
3553 31st Street NW,
Suite 370,
Calgary,
Alberta, T2L 2K7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX ISFT Common Shares Canadian National Stock Exchange CA CAD 05. Jun 2019
Number of employees
Current staff
Staff numbers
11
ICEsoft Technologies Canada employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:18
End of day share price update: 2019/09/05 00:00
Last earnings filing: 2019/08/23
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.