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ParcelPal Technology

CNSX:PKG
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PKG
CNSX
CA$10M
Market Cap
  1. Home
  2. CA
  3. Transportation
Company description

ParcelPal Technology Inc. provides on-demand local delivery services in Canada. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • ParcelPal Technology has significant price volatility in the past 3 months.
PKG Share Price and Events
7 Day Returns
-7.4%
CNSX:PKG
-4.3%
North America Logistics
1.3%
CA Market
1 Year Returns
-69.1%
CNSX:PKG
-12.4%
North America Logistics
-0.1%
CA Market
PKG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ParcelPal Technology (PKG) -7.4% -28.6% -51% -69.1% -28.6% -
North America Logistics -4.3% 2.4% 8.3% -12.4% 8.4% 20.3%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • PKG underperformed the Logistics industry which returned -12.4% over the past year.
  • PKG underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
PKG
Industry
5yr Volatility vs Market
Related Companies

Value

 Is ParcelPal Technology 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 ParcelPal Technology. This is due to cash flow or dividend data being unavailable. The share price is CA$0.125.
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 ParcelPal Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ParcelPal Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PKG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.08
CNSX:PKG Share Price ** CNSX (2019-09-20) in CAD CA$0.13
North America Logistics Industry PE Ratio Median Figure of 15 Publicly-Listed Logistics Companies 23.2x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of ParcelPal Technology.

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

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

= 0.13 ÷ -0.08

-1.65x

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

  • ParcelPal Technology is loss making, we can't compare its value to the North America Logistics industry average.
  • ParcelPal Technology is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does ParcelPal Technology's expected growth come at a high price?
Raw Data
CNSX:PKG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Logistics Industry PEG Ratio Median Figure of 13 Publicly-Listed Logistics Companies 2.33x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for ParcelPal Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ParcelPal Technology's assets?
Raw Data
CNSX:PKG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.01
CNSX:PKG Share Price * CNSX (2019-09-20) in CAD CA$0.13
North America Logistics Industry PB Ratio Median Figure of 19 Publicly-Listed Logistics Companies 3.22x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:PKG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.13 ÷ 0.01

18.4x

* Primary Listing of ParcelPal Technology.

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

  • ParcelPal Technology is overvalued based on assets compared to the North America Logistics industry average.
X
Value checks
We assess ParcelPal Technology'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 Logistics 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 Logistics industry average (and greater than 0)? (1 check)
  5. ParcelPal Technology 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 ParcelPal Technology 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 ParcelPal Technology 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
13.1%
Expected Logistics industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ParcelPal Technology expected to grow at an attractive rate?
  • Unable to compare ParcelPal Technology's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ParcelPal Technology's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare ParcelPal Technology's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:PKG Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Logistics Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
North America Logistics Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
CNSX:PKG 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:PKG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 4 -3 -6
2019-03-31 4 -1 -4
2018-12-31 3 -1 -4
2018-09-30 3 -1 -3
2018-06-30 2 -1 -2
2018-03-31 1 -1 -2
2017-12-31 0 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -1 -1

*GAAP earnings excluding extraordinary items.

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

CNSX:PKG Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.08
2019-03-31 -0.06
2018-12-31 -0.06
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.05
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -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 ParcelPal Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PKG’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. ParcelPal Technology'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 Transportation companies here
  3. ParcelPal Technology'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 ParcelPal Technology'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 North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America 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.
ParcelPal Technology 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 ParcelPal Technology 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 ParcelPal Technology's growth in the last year to its industry (Logistics).
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.
  • ParcelPal Technology does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ParcelPal Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ParcelPal Technology's 1-year growth to the North America Logistics industry average as it is not currently profitable.
Earnings and Revenue History
ParcelPal Technology'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 ParcelPal Technology Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PKG 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 3.53 -5.68 4.74
2019-03-31 3.53 -4.31 3.14
2018-12-31 3.37 -3.82 3.21
2018-09-30 2.56 -2.75 2.78
2018-06-30 1.75 -2.34 2.50
2018-03-31 0.98 -2.06 2.11
2017-12-31 0.37 -1.44 1.34
2017-09-30 0.02 -1.07 0.92
2017-06-30 0.02 -1.14 0.98
2017-03-31 0.02 -1.07 1.01
2016-12-31 0.01 -0.95 0.90
2016-09-30 0.01 -0.75 0.70
2016-06-30 0.00 -0.54 0.51
2016-03-31 -0.34 0.33
2015-12-31 -0.18 0.17
2015-09-30 -0.46 0.09
2015-06-30 -0.47 0.10
2015-03-31 -0.09 0.08
2014-12-31 -0.10 0.08
2014-09-30 0.20 0.10 0.08
2014-06-30 0.14 0.09 0.14
2014-03-31 -0.48 0.12 0.34
2013-12-31 -0.67 0.14 0.53
2013-06-30 -1.68 0.10 0.39
2013-03-31 -1.45 0.15 0.13
2012-12-31 -1.29 0.12 -0.02
2012-09-30 -1.29 0.09 0.35

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ParcelPal Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ParcelPal Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ParcelPal Technology'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.
  • Debt is covered by short term assets, assets are 9.5789132130368E+15x 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 ParcelPal Technology Company Filings, last reported 2 months ago.

CNSX:PKG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 0.55 0.00 0.62
2019-03-31 1.86 0.00 2.08
2018-12-31 2.21 0.00 2.08
2018-09-30 2.47 0.00 2.32
2018-06-30 2.04 0.01 1.68
2018-03-31 2.13 0.00 1.61
2017-12-31 0.40 0.00 0.05
2017-09-30 -0.07 0.03 0.00
2017-06-30 0.02 0.00 0.03
2017-03-31 0.17 0.00 0.13
2016-12-31 0.19 0.00 0.15
2016-09-30 0.12 0.00 0.07
2016-06-30 0.14 0.00 0.09
2016-03-31 0.29 0.00 0.24
2015-12-31 0.26 0.00 0.20
2015-09-30 -0.04 0.00 0.02
2015-06-30 -0.03 0.00 0.03
2015-03-31 -0.08 0.00 0.00
2014-12-31 -0.08 0.00 0.00
2014-09-30 -0.03 0.00 0.00
2014-06-30 0.00 0.00 0.01
2014-03-31 -0.45 0.11 0.01
2013-12-31 -0.44 0.10 0.00
2013-06-30 -0.27 0.20 0.11
2013-03-31 -0.14 0.20 0.19
2012-12-31 -0.03 0.09 0.12
2012-09-30 0.04 0.09 0.24
  • ParcelPal Technology's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if ParcelPal Technology's debt level has increased without past 5-year debt data.
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.

  • ParcelPal Technology has less than a year of cash runway based on current free cash flow.
  • ParcelPal Technology has less than a year of cash runway if free cash flow continues to grow at historical rates of 50.6% each year.
X
Financial health checks
We assess ParcelPal Technology'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. ParcelPal Technology has a total score of 3/6, 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 ParcelPal Technology'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 ParcelPal Technology dividends.
If you bought CA$2,000 of ParcelPal Technology 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 ParcelPal Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ParcelPal Technology'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:PKG 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 Logistics Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as ParcelPal Technology has not reported any payouts.
  • Unable to verify if ParcelPal Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ParcelPal Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ParcelPal Technology 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 ParcelPal Technology'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 ParcelPal Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ParcelPal Technology 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 ParcelPal Technology'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
Kelly Abbott
COMPENSATION CA$113,112
AGE 31
TENURE AS CEO 2.4 years
CEO Bio

Mr. Kelly Abbott is the Founder of ParcelPal Technology Inc. and its has been President and Additional Director since September 8, 2016. Mr. Abbott is the Chief Executive Officer of ParcelPal Technology Inc. since April 13, 2017. Previously, he served as its Vice President of Operations since November 6, 2015. He has been an Independent Director of APPx Crypto Technologies Inc. since November 23, 2017. He has more than 10 years experience in entrepreneurship and software management. He has made a career of identifying opportunities within early stage and existing start-ups. He specializes in process design/redesign, solution development and all aspects of supply chain management. He is experienced in management, technology development, business development, sales and marketing and capital markets.

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

Average tenure of the ParcelPal Technology management team in years:

1.6
Average Tenure
  • The average tenure for the ParcelPal Technology management team is less than 2 years, this suggests a new team.
Management Team

Kelly Abbott

TITLE
Founder
COMPENSATION
CA$113K
AGE
31
TENURE
2.4 yrs

Devon Brown

TITLE
CFO & Director
COMPENSATION
CA$3K
TENURE
1.6 yrs

Peter Hinam

TITLE
Director & Director of Investor Relations
COMPENSATION
CA$143K
AGE
44

Dylan McRobert

TITLE
Founder and Head of Product & Marketing

Charles McGee

TITLE
Vice President of Operations

Cody Halovich

TITLE
Chief Technology Officer

Virginia Johnson

TITLE
Human Resource Assistant
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the ParcelPal Technology board of directors in years:

1.5
Average Tenure
44
Average Age
  • The average tenure for the ParcelPal Technology board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brian Storseth

TITLE
Acting Chairman
TENURE
0.6 yrs

Kelly Abbott

TITLE
Founder
COMPENSATION
CA$113K
AGE
31
TENURE
5.3 yrs

Devon Brown

TITLE
CFO & Director
COMPENSATION
CA$3K
TENURE
1.6 yrs

Peter Hinam

TITLE
Director & Director of Investor Relations
COMPENSATION
CA$143K
AGE
44
TENURE
2.3 yrs

Ian Tostenson

TITLE
Director
COMPENSATION
CA$7K
TENURE
3.2 yrs

Vikas Ranjan

TITLE
Member of Board of Advisors
AGE
47
TENURE
1.4 yrs

Parm Gill

TITLE
Advisor to the Board of Directors
TENURE
0.3 yrs

Ben Lobb

TITLE
Advisor to the Board of Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
05. Feb 19 Buy Kelly Abbott Individual 31. Jan 19 31. Jan 19 30,000 CA$0.30 CA$9,000
05. Feb 19 Buy Devon Brown Individual 31. Jan 19 31. Jan 19 30,000 CA$0.30 CA$9,000
05. Feb 19 Buy Peter Hinam Individual 31. Jan 19 31. Jan 19 30,000 CA$0.30 CA$9,000
26. Oct 18 Buy Kelly Abbott Individual 17. Oct 18 17. Oct 18 1,592,242 CA$0.35 CA$557,286
26. Oct 18 Buy Devon Brown Individual 25. Oct 18 25. Oct 18 58,400 CA$0.35 CA$20,440
26. Oct 18 Buy Peter Hinam Individual 25. Oct 18 25. Oct 18 600,043 CA$0.35 CA$210,015
17. Oct 18 Sell Kelly Abbott Individual 16. Oct 18 16. Oct 18 -1,600,000 CA$0.35 CA$-560,001
16. Oct 18 Sell Devon Brown Individual 16. Oct 18 16. Oct 18 -60,000 CA$0.35 CA$-21,000
16. Oct 18 Sell Peter Hinam Individual 16. Oct 18 16. Oct 18 -600,000 CA$0.35 CA$-210,000
X
Management checks
We assess ParcelPal Technology'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. ParcelPal Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

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

News

Simply Wall St News

What Kind Of Shareholder Appears On The ParcelPal Technology Inc.'s (CNSX:PKG) Shareholder Register?

Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … ParcelPal Technology is a smaller company with a market capitalization of CA$22m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

ParcelPal Technology Inc. (CNSX:PKG): Time For A Financial Health Check

(CNSX:PKG) is a small-cap stock with a market capitalization of CA$22m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Did ParcelPal Technology Inc. (CNSX:PKG) Insiders Buy Up More Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in ParcelPal Technology Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … So we know that an insider sold shares at around the present share price of CA$0.30

Simply Wall St -

Do Insiders Own Shares In ParcelPal Technology Inc. (CNSX:PKG)?

Every investor in ParcelPal Technology Inc. … ParcelPal Technology is a smaller company with a market capitalization of CA$19m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for ParcelPal Technology

Simply Wall St -

Why ParcelPal Technology Inc's (CNSX:PKG) Ownership Structure Is Important

I am going to take a deep dive into ParcelPal Technology Inc’s (CNSX:PKG) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine PKG's ownership structure in more detail.

Simply Wall St -

What You Must Know About ParcelPal Technology Inc's (CNSX:PKG) Financial Strength

Investors are always looking for growth in small-cap stocks like ParcelPal Technology Inc (CNSX:PKG), with a market cap of CA$12.89m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Company Info

Description

ParcelPal Technology Inc. provides on-demand local delivery services in Canada. It offers ParcelPal, a streamlined mobile application for retail, restaurants, and liquor stores that enables consumers to shop at local merchants and have their items delivered in an hour or less. The company was formerly known as Plus8 Global Ventures, Ltd. ParcelPal Technology Inc. was incorporated in 1997 and is based in Vancouver, Canada.

Details
Name: ParcelPal Technology Inc.
PKG
Exchange: CNSX
Founded: 1997
CA$9,980,697
79,845,580
Website: http://www.parcelpal.com
Address: ParcelPal Technology Inc.
305 – 190 Alexander Street,
Vancouver,
British Columbia, V6A 2S5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX PKG Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
OTCPK PTNY.F Common Shares Pink Sheets LLC US USD 23. Oct 2015
DB PT0 Common Shares Deutsche Boerse AG DE EUR 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
ParcelPal Technology employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:27
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/08/29
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.