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ProntoForms

TSXV:PFM
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PFM
TSXV
CA$72M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes. The last earnings update was 34 days ago. More info.


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PFM Share Price and Events
7 Day Returns
11.1%
TSXV:PFM
-4.5%
CA Software
-0.1%
CA Market
1 Year Returns
71.4%
TSXV:PFM
27.5%
CA Software
10.8%
CA Market
PFM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ProntoForms (PFM) 11.1% -1.6% 1.7% 71.4% 114.3% 57.9%
CA Software -4.5% 2.8% 1.4% 27.5% 69.2% 147.9%
CA Market -0.1% 0% 1.2% 10.8% 4.6% 19.4%
1 Year Return vs Industry and Market
  • PFM outperformed the Software industry which returned 27.5% over the past year.
  • PFM outperformed the Market in Canada which returned 10.8% over the past year.
Price Volatility
PFM
Industry
5yr Volatility vs Market

Value

 Is ProntoForms 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 ProntoForms. This is due to cash flow or dividend data being unavailable. The share price is CA$0.6.
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 ProntoForms's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ProntoForms's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PFM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.02
TSXV:PFM Share Price ** TSXV (2019-12-10) in CAD CA$0.6
TSXV:PFM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $0.45
Canada Software Industry PE Ratio Median Figure of 15 Publicly-Listed Software Companies 17.52x
Canada Market PE Ratio Median Figure of 511 Publicly-Listed Companies 15.12x

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

** Primary Listing of ProntoForms.

TSXV:PFM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PFM Share Price ÷ EPS (both in USD)

= 0.45 ÷ -0.02

-26.51x

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

  • ProntoForms is loss making, we can't compare its value to the CA Software industry average.
  • ProntoForms is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does ProntoForms's expected growth come at a high price?
Raw Data
TSXV:PFM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -26.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-11.1%per year
Canada Software Industry PEG Ratio Median Figure of 7 Publicly-Listed Software Companies 3.97x
Canada Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 1.13x

*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 ProntoForms, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ProntoForms's assets?
Raw Data
TSXV:PFM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.01
TSXV:PFM Share Price * TSXV (2019-12-10) in CAD CA$0.6
TSXV:PFM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $0.45
Canada Software Industry PB Ratio Median Figure of 81 Publicly-Listed Software Companies 2.07x
Canada Market PB Ratio Median Figure of 2,315 Publicly-Listed Companies 1.27x
TSXV:PFM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PFM Share Price ÷ Book Value per Share (both in USD)

= 0.45 ÷ 0.01

30.32x

* Primary Listing of ProntoForms.

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

  • ProntoForms is overvalued based on assets compared to the CA Software industry average.
X
Value checks
We assess ProntoForms'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. ProntoForms 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 ProntoForms expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
-11.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ProntoForms expected to grow at an attractive rate?
  • Unable to compare ProntoForms's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare ProntoForms's earnings growth to the Canada market average as it is expected to be loss making during the next 1-3 years.
  • ProntoForms's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSXV:PFM Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:PFM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -11.1%
TSXV:PFM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 23.4%
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average 14.7%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 10.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
TSXV:PFM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:PFM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 19 -1 -2 2
2019-12-31 15 -1 -3 1
2019-12-11
TSXV:PFM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 14 -1 -2
2019-06-30 14 0 -2
2019-03-31 13 0 -2
2018-12-31 12 -2 -3
2018-09-30 11 -1 -3
2018-06-30 11 -2 -4
2018-03-31 10 -2 -4
2017-12-31 10 -2 -4
2017-09-30 10 -2 -4
2017-06-30 9 -2 -3
2017-03-31 9 -2 -3
2016-12-31 9 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ProntoForms is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • ProntoForms's revenue is expected to grow significantly at over 20% yearly.
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
TSXV:PFM 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 2 Analyst Estimates (S&P Global) See Below

All data from ProntoForms Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PFM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.02 -0.02 -0.02 1.00
2019-12-31 -0.02 -0.02 -0.02 1.00
2019-12-11
TSXV:PFM Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.02
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -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 ProntoForms will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ProntoForms'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.
ProntoForms has a total score of 2/6, 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 ProntoForms 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 ProntoForms'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.
  • ProntoForms does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ProntoForms's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ProntoForms's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
ProntoForms'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 ProntoForms Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PFM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 14.33 -1.89 9.05 4.58
2019-06-30 13.67 -2.11 8.65 4.40
2019-03-31 12.90 -2.26 8.40 4.19
2018-12-31 12.13 -2.50 8.16 4.20
2018-09-30 11.48 -3.15 8.04 4.19
2018-06-30 10.74 -3.54 7.56 4.38
2018-03-31 10.26 -3.77 7.60 4.01
2017-12-31 9.85 -3.86 7.43 3.85
2017-09-30 9.62 -3.61 7.39 3.55
2017-06-30 9.42 -3.10 7.62 2.88
2017-03-31 9.04 -2.82 7.20 2.86
2016-12-31 8.78 -2.77 7.00 2.69
2016-09-30 8.78 -2.60 6.96 2.60
2016-06-30 8.41 -2.51 6.69 2.51
2016-03-31 7.85 -2.39 6.20 2.29
2015-12-31 6.63 -1.88 5.28 1.92
2015-09-30 6.01 -1.93 4.57 1.25
2015-06-30 5.88 -1.88 4.36 1.41
2015-03-31 5.36 -1.43 3.83 1.37
2014-12-31 5.42 -1.17 3.71 1.32
2014-09-30 5.39 -0.87 3.84 1.96
2014-06-30 5.13 -0.84 3.55 1.84
2014-03-31 4.38 -0.16 3.19 1.69
2013-12-31 4.11 -0.34 3.11 1.72
2013-09-30 3.60 -0.42 2.92 1.74
2013-06-30 3.02 -0.62 2.79 1.54
2013-03-31 2.77 -1.72 2.77 1.60
2012-12-31 2.50 -1.99 2.70 1.65

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ProntoForms is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ProntoForms's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ProntoForms's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ProntoForms Company Filings, last reported 2 months ago.

TSXV:PFM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1.79 2.62 5.70
2019-06-30 1.54 2.61 5.75
2019-03-31 -0.42 2.51 4.05
2018-12-31 -0.06 2.42 3.33
2018-09-30 0.21 2.52 3.85
2018-06-30 0.66 2.44 3.76
2018-03-31 1.32 2.45 4.53
2017-12-31 2.00 2.48 5.07
2017-09-30 2.71 2.68 5.87
2017-06-30 3.47 2.52 6.50
2017-03-31 -0.04 2.48 3.22
2016-12-31 0.40 1.88 2.87
2016-09-30 0.95 1.88 3.26
2016-06-30 1.11 0.63 2.21
2016-03-31 1.55 0.61 2.58
2015-12-31 2.12 0.55 2.87
2015-09-30 2.58 0.55 3.56
2015-06-30 0.52 0.57 1.45
2015-03-31 0.93 0.55 1.86
2014-12-31 1.43 0.58 1.99
2014-09-30 1.89 0.58 2.71
2014-06-30 2.07 0.59 3.18
2014-03-31 0.25 0.55 1.46
2013-12-31 -0.45 0.55 0.84
2013-09-30 -0.19 0.55 0.92
2013-06-30 0.03 0.52 0.98
2013-03-31 -0.51 0.38 0.61
2012-12-31 -0.18 0.26 0.63
  • ProntoForms's level of debt (146.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (30.7% vs 146.1% today).
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.

  • ProntoForms has sufficient cash runway for more than 3 years based on current free cash flow.
  • ProntoForms has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -22.3% each year.
X
Financial health checks
We assess ProntoForms'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. ProntoForms 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 ProntoForms'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 ProntoForms dividends.
If you bought CA$2,000 of ProntoForms 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 ProntoForms's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ProntoForms'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
TSXV:PFM 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 2 Analyst Estimates (S&P Global) See Below
North America Software Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

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

TSXV:PFM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-12-11

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

  • Unable to perform a dividend volatility check as ProntoForms has not reported any payouts.
  • Unable to verify if ProntoForms's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ProntoForms's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ProntoForms 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 ProntoForms's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ProntoForms afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ProntoForms 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 ProntoForms'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
Alvaro Pombo
COMPENSATION $397,324
CEO Bio

Mr. Alvaro Pombo is the Founder of ProntoForms Corporation and serves as its Chief Executive Officer and President. Mr. Pombo plays an active part in all corporate activities including research and development, product, business development, marketing, sales and day-to-day operations. Prior to starting TrueContext, he served as an advisor to Palm Inc. for its eBusiness/eCommerce Strategy and also served as the Chief Information Officer and Vice President of Global Information Technology for Alcatel, Carrier Internetworking Division (formerly Newbridge Networks). At Newbridge Mr. Pombo also served as Director of Electronic Marketing and Vice President of eCommerce. During his time with Newbridge he was instrumental in expanding the Newbridge's presence in the Americas, building the eBusiness presence worldwide and transforming the IT organization from commodities-based IT into a service-driven eBusiness organization, which was instrumental in the Newbridge's turnaround. Before joining Newbridge, he held various technical and managerial positions within IT departments at Exxon and Daimler-Benz. He served as the Chairman of TrueContext Mobile Solutions Corporation. He has been a Director of ProntoForms Corporation since June 9, 2010. He holds a BS in Computer Engineering from Universidad de los Andes in Bogota, Colombia, an MBA from the University of Ottawa and an Executive Degree from Georgetown University.

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

Average tenure of the ProntoForms management team in years:

1.9
Average Tenure
  • The average tenure for the ProntoForms management team is less than 2 years, this suggests a new team.
Management Team

Alvaro Pombo

TITLE
Founder
COMPENSATION
$397K

Dave Croucher

TITLE
Chief Financial Officer
COMPENSATION
$251K
AGE
52
TENURE
10.2 yrs

Marty Gowling

TITLE
Vice President of Operations
COMPENSATION
$195K
TENURE
1.9 yrs

Mark Scott

TITLE
Vice President of Marketing
COMPENSATION
$257K

Michael Cho

TITLE
Senior Vice President of Global Sales
COMPENSATION
$283K
TENURE
1.3 yrs

Glenn Chenier

TITLE
Chief Product Officer
COMPENSATION
$260K
TENURE
1.9 yrs

Mansell Nelson

TITLE
Senior Vice President of Business Development
COMPENSATION
$254K

Cindy McGann

TITLE
General Counsel

Lisa Scian

TITLE
Vice President of People & Culture
Board of Directors Tenure

Average tenure and age of the ProntoForms board of directors in years:

8.3
Average Tenure
57
Average Age
  • The tenure for the ProntoForms board of directors is about average.
Board of Directors

Terry Matthews

TITLE
Independent Chairman of the Board
COMPENSATION
$36K
AGE
76

Alvaro Pombo

TITLE
Founder
COMPENSATION
$397K
TENURE
9.5 yrs

Bruce Joyce

TITLE
Independent Director
COMPENSATION
$35K
AGE
71
TENURE
5.7 yrs

Mike Cristinziano

TITLE
Independent Director
COMPENSATION
$35K
AGE
54
TENURE
3.2 yrs

Jon Shantz

TITLE
Independent Director
COMPENSATION
$23K
TENURE
10.3 yrs

Jim Davies

TITLE
Independent Director
COMPENSATION
$23K
AGE
56
TENURE
9.5 yrs

Ed Ogonek

TITLE
Independent Director
COMPENSATION
$23K
AGE
57
TENURE
8.3 yrs

Phil Deck

TITLE
Independent Director
COMPENSATION
$23K
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • ProntoForms individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
22. Nov 19 Sell Vince Business Corp. Company 20. Nov 19 20. Nov 19 -986,835 CA$0.54 CA$-536,838
22. Nov 19 Sell Mercantil Colpatria SA, Investment Arm Company 20. Nov 19 20. Nov 19 -2,214,665 CA$0.54 CA$-1,204,777
15. Nov 19 Sell James Davies Individual 13. Nov 19 13. Nov 19 -60,000 CA$0.60 CA$-36,000
11. Sep 19 Sell James Davies Individual 06. Sep 19 06. Sep 19 -20,000 CA$0.61 CA$-12,200
09. Sep 19 Sell Glenn Chenier Individual 04. Sep 19 04. Sep 19 -5,000 CA$0.61 CA$-3,050
X
Management checks
We assess ProntoForms'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. ProntoForms 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

ProntoForms (CVE:PFM) Has Debt But No Earnings; Should You Worry?

TSXV:PFM Historical Debt, August 1st 2019 A Look At ProntoForms's Liabilities We can see from the most recent balance sheet that ProntoForms had liabilities of US$5.34m falling due within a year, and liabilities of US$3.66m due beyond that. … While it does have liabilities worth noting, ProntoForms also has more cash than debt, so we're pretty confident it can manage its debt safely. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.

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Does Market Volatility Impact ProntoForms Corporation's (CVE:PFM) Share Price?

A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … This is reasonably close to the market beta of 1, so the stock has in the past displayed similar levels of volatility to the overall market. … That makes it somewhat unusual that it has a beta value so close to the overall market.

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Update: ProntoForms (CVE:PFM) Stock Gained 80% In The Last Three Years

ProntoForms isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … When a company doesn't make profits, we'd generally expect to see good revenue growth. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

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Does ProntoForms Corporation (CVE:PFM) Have A High Beta?

In finance, Beta is a measure of volatility. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).

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What Kind Of Investor Owns Most Of ProntoForms Corporation (CVE:PFM)?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … ProntoForms is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that.

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Should You Be Holding ProntoForms Corporation (CVE:PFM) Right Now?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Who Are The Major Shareholders In ProntoForms Corporation (CVE:PFM)?

In this analysis, my focus will be on developing a perspective on ProntoForms Corporation’s (CVE:PFM) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … See our latest analysis for ProntoForms

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Is ProntoForms Corporation (CVE:PFM) Undervalued?

As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on ProntoForms’s outlook and valuation to see if the opportunity still exists

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ProntoForms Corporation (CVE:PFM): When Will It Breakeven?

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes. … With the latest financial year loss of -CA$3.99m and a trailing-twelve month of -CA$3.78m, the CA$34.16m market-cap alleviates its loss by moving closer towards its target of breakeven. … I’ve put together a brief outline of industry analyst expectations for PFM, its year of breakeven and its implied growth rate

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Is ProntoForms Corporation's (CVE:PFM) Balance Sheet Strong Enough To Weather A Storm?

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … With current liabilities at CA$3.25M, it seems that the business has been able to meet these obligations given the level of current assets of CA$8.82M, with a current ratio of 2.71x. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: At its current level of cash flow coverage, PFM has room for improvement to better cushion for events which may require debt repayment.

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Company Info

Description

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes. Its ProntoForms mobile platform enables remote workers to access data collection forms on a mobile device, access company data in the field, and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes with an OS-native mobile data collection app. The company also provides solutions for inspection and audit, installation and maintenance, and asset and safety management. It operates in the United States, Canada, the United Kingdom, Mexico, and internationally. The company was formerly known as TrueContext Mobile Solutions Corporation and changed its name to ProntoForms Corporation in June 2013. ProntoForms Corporation was founded in 2001 and is based in Kanata, Canada.

Details
Name: ProntoForms Corporation
PFM
Exchange: TSXV
Founded: 2001
CA$71,978,748
119,964,581
Website: http://www.prontoforms.com
Address: ProntoForms Corporation
2500 Solandt,
Suite 250,
Kanata,
Ontario, K2K 3G5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PFM Common Shares TSX Venture Exchange CA CAD 20. Aug 2009
OTCPK PPRR.F Common Shares Pink Sheets LLC US USD 20. Aug 2009
BST 771 Common Shares Boerse-Stuttgart DE EUR 20. Aug 2009
Number of employees
Current staff
Staff numbers
0
ProntoForms employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 00:28
End of day share price update: 2019/12/10 00:00
Last estimates confirmation: 2019/11/07
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
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.