Loading...

We've got a brand new version of Simply Wall St! Try it out

Mission Ready Solutions

DB:2R4
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2R4
DB
CA$32M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Mission Ready Solutions Inc., through its subsidiaries, provides decontamination, cleaning, and repair services of protective services gear to defense, security, and protective services agencies in Canada and the United States. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • Mission Ready Solutions has significant price volatility in the past 3 months.
2R4 Share Price and Events
7 Day Returns
-7%
DB:2R4
0.2%
Europe Aerospace & Defense
1.2%
DE Market
1 Year Returns
-
DB:2R4
12.5%
Europe Aerospace & Defense
0.4%
DE Market
2R4 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mission Ready Solutions (2R4) -7% 1.3% -26.5% - - -
Europe Aerospace & Defense 0.2% -3.1% 0% 12.5% 67.6% 118.2%
DE Market 1.2% -1.3% -0.9% 0.4% 6.9% 24.4%
1 Year Return vs Industry and Market
  • No trading data on 2R4.
  • No trading data on 2R4.
Price Volatility
2R4
Industry
5yr Volatility vs Market

Value

 Is Mission Ready Solutions 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 Mission Ready Solutions. This is due to cash flow or dividend data being unavailable. The share price is €0.119.
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 Mission Ready Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mission Ready Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2R4 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.03
TSXV:MRS Share Price ** TSXV (2019-10-11) in CAD CA$0.19
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 21.29x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.64x

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

** Primary Listing of Mission Ready Solutions.

DB:2R4 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:MRS Share Price ÷ EPS (both in CAD)

= 0.19 ÷ -0.03

-6.97x

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

  • Mission Ready Solutions is loss making, we can't compare its value to the Europe Aerospace & Defense industry average.
  • Mission Ready Solutions is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Mission Ready Solutions's expected growth come at a high price?
Raw Data
DB:2R4 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 26 Publicly-Listed Aerospace & Defense Companies 1.56x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.37x

*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 Mission Ready Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mission Ready Solutions's assets?
Raw Data
DB:2R4 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
TSXV:MRS Share Price * TSXV (2019-10-11) in CAD CA$0.19
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 1.99x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.72x
DB:2R4 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:MRS Share Price ÷ Book Value per Share (both in CAD)

= 0.19 ÷ 0.05

3.43x

* Primary Listing of Mission Ready Solutions.

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

  • Mission Ready Solutions is overvalued based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess Mission Ready Solutions'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Mission Ready Solutions 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 Mission Ready Solutions 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 Mission Ready Solutions 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
14.2%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mission Ready Solutions expected to grow at an attractive rate?
  • Unable to compare Mission Ready Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mission Ready Solutions's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Mission Ready Solutions's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2R4 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.9%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
DB:2R4 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2R4 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 4 -2 -4
2019-03-31 2 -1 -4
2018-12-31 3 -3 -5
2018-09-30 2 -1 -5
2018-06-30 2 -2 -8
2018-03-31 4 -3 -7
2017-12-31 3 -4 -6
2017-09-30 5 -5 -5
2017-06-30 5 -5 -3
2017-03-31 4 -4 -4
2016-12-31 4 -1 -4
2016-09-30 5 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Mission Ready Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if Mission Ready Solutions 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
DB:2R4 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

DB:2R4 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.03
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.07
2018-03-31 -0.07
2017-12-31 -0.07
2017-09-30 -0.07
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.04

*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 Mission Ready Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 2R4’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. Mission Ready Solutions'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 Capital Goods companies here
  3. Mission Ready Solutions'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 Mission Ready Solutions'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Mission Ready Solutions 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 Mission Ready Solutions 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 Mission Ready Solutions's growth in the last year to its industry (Aerospace & Defense).
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.
  • Mission Ready Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mission Ready Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mission Ready Solutions's 1-year growth to the Europe Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
Mission Ready Solutions'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 Mission Ready Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2R4 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 4.04 -3.68 3.58
2019-03-31 2.24 -4.04 4.22
2018-12-31 3.08 -4.86 5.03
2018-09-30 1.92 -5.36 4.54
2018-06-30 2.31 -7.64 8.26
2018-03-31 3.83 -6.90 8.91
2017-12-31 3.48 -6.17 9.00
2017-09-30 4.85 -5.42 10.18
2017-06-30 5.16 -3.47 7.45
2017-03-31 4.26 -3.70 6.48
2016-12-31 4.49 -3.62 6.30
2016-09-30 5.08 -2.83 5.86
2016-06-30 6.00 -2.14 6.36
2016-03-31 7.71 -1.16 7.01
2015-12-31 8.52 -1.22 7.78
2015-09-30 8.87 -2.35 8.81
2015-06-30 7.41 -3.46 8.28
2015-03-31 5.74 -4.40 7.77
2014-12-31 4.34 -4.56 6.80
2014-09-30 3.59 -4.61 5.96
2014-06-30 3.36 -3.91 5.24
2014-03-31 3.02 -3.45 4.42
2013-12-31 2.87 -3.04 4.07
2013-09-30 2.84 -1.48 3.08
2013-06-30 2.89 -1.24 3.24
2013-03-31 2.33 -1.18 2.90
2012-12-31 2.09 -1.02 2.54

*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 Mission Ready Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mission Ready Solutions has efficiently used its assets last year compared to the Europe Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mission Ready Solutions 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 Mission Ready Solutions'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 Aerospace & Defense 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.
Mission Ready Solutions 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 Mission Ready Solutions'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 Mission Ready Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mission Ready Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Mission Ready Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mission Ready Solutions'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 not covered by short term assets, assets are 0.5x 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 Mission Ready Solutions Company Filings, last reported 3 months ago.

DB:2R4 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 9.17 9.07 0.13
2019-03-31 1.74 0.01 1.26
2018-12-31 0.33 0.06 0.01
2018-09-30 2.09 0.02 0.09
2018-06-30 2.27 0.04 0.03
2018-03-31 2.91 0.37 0.97
2017-12-31 3.84 0.36 2.32
2017-09-30 2.63 0.80 0.94
2017-06-30 0.14 8.12 0.10
2017-03-31 0.55 6.18 0.09
2016-12-31 0.92 0.37 0.14
2016-09-30 2.24 0.70 0.08
2016-06-30 2.95 0.41 0.37
2016-03-31 3.75 0.40 0.78
2015-12-31 4.45 0.25 0.80
2015-09-30 3.85 0.26 0.46
2015-06-30 3.70 0.26 0.61
2015-03-31 3.59 0.47 1.08
2014-12-31 2.99 1.29 1.33
2014-09-30 1.21 1.57 0.54
2014-06-30 1.45 1.45 0.48
2014-03-31 1.21 1.53 0.20
2013-12-31 1.66 1.07 0.42
2013-09-30 2.43 1.26 0.31
2013-06-30 2.08 1.43 0.33
2013-03-31 2.35 0.44 0.33
2012-12-31 2.35 0.44 0.33
  • Mission Ready Solutions's level of debt (98.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (100.6% vs 98.9% 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.

  • Mission Ready Solutions has less than a year of cash runway based on current free cash flow.
  • Mission Ready Solutions has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.3% each year.
X
Financial health checks
We assess Mission Ready Solutions'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. Mission Ready Solutions has a total score of 2/6, 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 Mission Ready Solutions'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 Mission Ready Solutions dividends.
If you bought €2,000 of Mission Ready Solutions shares you are expected to receive €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 Mission Ready Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mission Ready Solutions'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
DB:2R4 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
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4%

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 Mission Ready Solutions has not reported any payouts.
  • Unable to verify if Mission Ready Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mission Ready Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mission Ready Solutions 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 Mission Ready Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Mission Ready Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mission Ready Solutions 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 Mission Ready Solutions'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
Jeff Schwartz
COMPENSATION CA$291,533
TENURE AS CEO 2.6 years
CEO Bio

Mr. Jeffery L. Schwartz, also known as Jeff, has been Chief Executive Officer of Mission Ready Services Inc. since March 13, 2017 and as its President since May 1, 2017. Mr. Schwartz has an extensive background in all aspects of executive management and has served in director level positions for both privately held and publicly traded companies. He served as President of LC Industries, a $380MM manufacturing and distribution business that grew from $50MM during his 12-year tenure. With a strong focus on new business development and team building, he has developed several companies within the tactical armor industry and has a history of achievements in elevating similar-stage companies to great success in the defense industry. Mr. Schwartz has been a Director at Mission Ready Services Inc. since September 5, 2017.

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

Average tenure and age of the Mission Ready Solutions management team in years:

1.3
Average Tenure
49
Average Age
  • The average tenure for the Mission Ready Solutions management team is less than 2 years, this suggests a new team.
Management Team

Jeff Schwartz

TITLE
CEO, President & Director
COMPENSATION
CA$292K
TENURE
2.6 yrs

Dong Shim

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$113K
AGE
35
TENURE
2.3 yrs

Francisco Martinez

TITLE
Chief Technology Officer
COMPENSATION
CA$247K
AGE
49
TENURE
5.8 yrs

Terry Nixon

TITLE
Chief Compliance Officer
COMPENSATION
CA$385K
TENURE
1.3 yrs

Vitor Fonseca

TITLE
COMPENSATION
CA$10K
AGE
66
TENURE
1.3 yrs

Marcus Treiber

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Roland VanSkiver

TITLE
Vice President of Marketing & Product Development
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Mission Ready Solutions board of directors in years:

2.3
Average Tenure
59
Average Age
  • The average tenure for the Mission Ready Solutions board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jeff Schwartz

TITLE
CEO, President & Director
COMPENSATION
CA$292K
TENURE
2.1 yrs

Mark Bishop

TITLE
Director
COMPENSATION
CA$24K
TENURE
4 yrs

Spider Marks

TITLE
Director
TENURE
1.3 yrs

Larry Doan

TITLE
Member of Advisory Committee
COMPENSATION
CA$16K
AGE
65

Randall Rhode

TITLE
Member of Advisory Committee
COMPENSATION
CA$16K
AGE
61

Nicolette Keith

TITLE
Member of Advisory Council
COMPENSATION
CA$411K
AGE
48
TENURE
2.3 yrs

David Smalley

TITLE
Member of Advisory Committee
COMPENSATION
CA$24K
AGE
57

Paul Litchfield

TITLE
Director
COMPENSATION
CA$24K
TENURE
4.9 yrs

Angelo Meijers

TITLE
Member of Advisory Committee

Mark Cowan

TITLE
Member of Advisory Committee
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Mission Ready Solutions individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Sep 19 Sell Francisco Martinez Individual 06. Sep 19 06. Sep 19 -240,000 €0.12 €-28,864
27. Aug 19 Buy John Stone Individual 27. Aug 19 27. Aug 19 1,318,182 €0.15 €196,843
27. Aug 19 Buy Paul Litchfield Individual 27. Aug 19 27. Aug 19 163,636 €0.15 €24,436
16. Aug 19 Buy Marcus Treiber Individual 15. Aug 19 15. Aug 19 262,000 €0.17 €44,267
16. Aug 19 Buy Jeffery Schwartz Individual 15. Aug 19 15. Aug 19 200,000 €0.17 €33,791
16. Aug 19 Buy James Marks Individual 15. Aug 19 15. Aug 19 220,000 €0.17 €37,171
08. Jun 19 Sell Francisco Martinez Individual 06. Jun 19 06. Jun 19 -400,000 €0.18 €-70,904
04. Apr 19 Buy Terrace Nixon Individual 02. Apr 19 02. Apr 19 200,000 €0.17 €33,450
04. Apr 19 Buy Dong Shim Individual 02. Apr 19 02. Apr 19 120,000 €0.17 €20,070
X
Management checks
We assess Mission Ready Solutions'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. Mission Ready Solutions 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

Company Info

Description

Mission Ready Solutions Inc., through its subsidiaries, provides decontamination, cleaning, and repair services of protective services gear to defense, security, and protective services agencies in Canada and the United States. The company operates in two segments, Consulting and Manufacturer Representation; and Inspection, Cleaning, and Repair Services. It also manufactures military and law enforcement personnel protective equipment; and researches and develops new and advanced technologies relating to defense and security-related products. The company was formerly known as Mission Ready Services Inc. and changed its name to Mission Ready Solutions Inc. in June 2018. Mission Ready Solutions Inc. is headquartered in Vancouver, Canada.

Details
Name: Mission Ready Solutions Inc.
2R4
Exchange: DB
Founded:
CA$22,106,193
173,920,974
Website: http://www.mrscorp.com
Address: Mission Ready Solutions Inc.
750 West Pender Street,
Suite 804,
Vancouver,
British Columbia, V6C 2T7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MRS Common Shares TSX Venture Exchange CA CAD 31. Dec 2013
OTCPK MSNV.F Common Shares Pink Sheets LLC US USD 31. Dec 2013
DB 2R4 Common Shares Deutsche Boerse AG DE EUR 31. Dec 2013
Number of employees
Current staff
Staff numbers
0
Mission Ready Solutions employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/11 22:41
End of day share price update: 2019/10/11 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.