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Smartcool Systems

DB:R3W
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
R3W
DB
CA$11M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Smartcool Systems Inc., a clean technology company, focuses on the acquisition, commercialization, and marketing of energy saving technologies for commercial and retail businesses worldwide. The last earnings update was 321 days ago. More info.


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R3W Share Price and Events
7 Day Returns
0%
DB:R3W
-1.8%
DE Electrical
2.4%
DE Market
1 Year Returns
3.3%
DB:R3W
35.7%
DE Electrical
2.3%
DE Market
R3W Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Smartcool Systems (R3W) 0% 0% 17.3% 3.3% 171.3% 14.2%
DE Electrical -1.8% 2.6% 10.5% 35.7% -32.6% 9.9%
DE Market 2.4% -0.2% 0.6% 2.3% 8.6% 25.1%
1 Year Return vs Industry and Market
  • R3W underperformed the Electrical industry which returned 35.7% over the past year.
  • R3W outperformed the Market in Germany which returned 2.3% over the past year.
Price Volatility
R3W
Industry
5yr Volatility vs Market

R3W Value

 Is Smartcool Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Smartcool Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Smartcool Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Smartcool Systems. This is due to cash flow or dividend data being unavailable. The share price is €0.0217.
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 Smartcool Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Smartcool Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:R3W PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:SSC Share Price ** TSXV (2019-07-18) in CAD CA$0.05
Germany Electrical Industry PE Ratio Median Figure of 11 Publicly-Listed Electrical Companies 58.03x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.51x

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

** Primary Listing of Smartcool Systems.

DB:R3W PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.05 ÷ -0.01

-3.09x

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

  • Smartcool Systems is loss making, we can't compare its value to the DE Electrical industry average.
  • Smartcool Systems is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Smartcool Systems's expected growth come at a high price?
Raw Data
DB:R3W PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 8 Publicly-Listed Electrical Companies 2x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*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 Smartcool Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Smartcool Systems's assets?
Raw Data
DB:R3W PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.00
TSXV:SSC Share Price * TSXV (2019-07-18) in CAD CA$0.05
Germany Electrical Industry PB Ratio Median Figure of 16 Publicly-Listed Electrical Companies 2.01x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.77x
DB:R3W PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.00

-46.15x

* Primary Listing of Smartcool Systems.

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

  • Smartcool Systems has negative assets, we can't compare the value of its assets to the DE Electrical industry average.

Next steps:

  1. Take a look at our analysis of R3W’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Smartcool Systems's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Electrical industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Smartcool Systems'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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. Smartcool Systems 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.

R3W Future Performance

 How is Smartcool Systems 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 Smartcool Systems 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
75.3%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Smartcool Systems expected to grow at an attractive rate?
  • Unable to compare Smartcool Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Smartcool Systems's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Smartcool Systems's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:R3W Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 75.3%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 13.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
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:R3W Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year 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:R3W Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 1 -2 -3
2018-06-30 1 -2 -2
2018-03-31 1 -2 -2
2017-12-31 1 -2 -2
2017-09-30 1 -1 -2
2017-06-30 1 -1 -2
2017-03-31 0 -1 -2
2016-12-31 0 -1 -2
2016-09-30 1 -1 -1
2016-06-30 1 -1 -1
2016-03-31 1 -1 -2
2015-12-31 1 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Smartcool Systems is high growth as no earnings estimate data is available.
  • Unable to determine if Smartcool Systems 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:R3W Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Smartcool Systems Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:R3W Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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 Smartcool Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of R3W’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. Smartcool Systems'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. Smartcool Systems'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 Smartcool Systems'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Smartcool Systems 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.

R3W Past Performance

  How has Smartcool Systems performed over the past 5 years?

  • Smartcool Systems's last earnings update was 321 days ago.
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 Smartcool Systems's growth in the last year to its industry (Electrical).
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.
  • Smartcool Systems does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Smartcool Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Smartcool Systems's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Smartcool Systems'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 Smartcool Systems Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:R3W Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.81 -2.97 3.12 0.07
2018-06-30 0.90 -2.48 3.00 0.07
2018-03-31 1.00 -1.86 2.34 0.02
2017-12-31 0.77 -1.98 2.03
2017-09-30 0.73 -1.65 1.67 0.00
2017-06-30 0.50 -1.57 1.32 0.00
2017-03-31 0.27 -1.72 1.29 0.00
2016-12-31 0.33 -1.67 1.31 0.00
2016-09-30 0.54 -1.35 1.14 0.00
2016-06-30 0.58 -1.44 1.28 0.00
2016-03-31 0.74 -1.63 1.57 0.00
2015-12-31 0.79 -1.68 1.65 0.00
2015-09-30 0.68 -1.59 1.94 0.00
2015-06-30 0.70 -1.42 1.80
2015-03-31 0.71 -1.07 1.54
2014-12-31 0.74 -0.85 1.46
2014-09-30 0.74 -0.59 1.23
2014-06-30 0.63 0.47 0.52 -0.02
2014-03-31 0.93 0.29 0.79 -0.02
2013-12-31 0.86 -0.41 1.14
2013-09-30 1.87 -0.96 1.62 0.02
2013-06-30 3.48 -1.69 2.81 0.04
2013-03-31 4.05 -1.70 3.07 0.05
2012-12-31 4.21 -1.93 3.33 0.03

*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 Smartcool Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Smartcool Systems has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Smartcool Systems 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 Smartcool Systems'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 Electrical 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.
Smartcool Systems 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.

R3W Health

 How is Smartcool Systems'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 Smartcool Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Smartcool Systems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Smartcool Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Smartcool Systems'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.
  • Smartcool Systems has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Smartcool Systems Company Filings, last reported 1 year ago.

DB:R3W Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.23 1.63 0.02
2018-06-30 -0.49 1.16 0.03
2018-03-31 -0.33 1.13 0.19
2017-12-31 -0.19 1.08 0.48
2017-09-30 0.15 0.58 0.07
2017-06-30 -0.32 1.01 0.21
2017-03-31 -0.60 1.08 0.04
2016-12-31 -0.63 1.13 0.01
2016-09-30 -0.08 1.04 0.04
2016-06-30 0.15 0.99 0.03
2016-03-31 0.24 0.99 0.03
2015-12-31 0.53 0.95 0.03
2015-09-30 0.74 0.92 0.06
2015-06-30 1.11 0.76 0.08
2015-03-31 1.01 0.70 0.03
2014-12-31 0.66 0.71 0.02
2014-09-30 1.19 0.71 0.02
2014-06-30 1.93 0.70 0.04
2014-03-31 1.94 0.82 0.05
2013-12-31 2.13 0.78 0.03
2013-09-30 0.08 3.15 0.14
2013-06-30 0.13 3.01 0.13
2013-03-31 0.32 2.81 0.05
2012-12-31 1.11 2.88 0.25
  • Smartcool Systems has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Smartcool Systems's debt level has increased considering it has negative shareholder equity.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Smartcool Systems's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Smartcool Systems'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. Smartcool Systems has a total score of 1/6, 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.

R3W Dividends

 What is Smartcool Systems'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 Smartcool Systems dividends.
If you bought €2,000 of Smartcool Systems 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 Smartcool Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Smartcool Systems'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:R3W 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
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

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 Smartcool Systems has not reported any payouts.
  • Unable to verify if Smartcool Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Smartcool Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Smartcool Systems 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 Smartcool Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Smartcool Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Smartcool Systems 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.

R3W Management

 What is the CEO of Smartcool Systems'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
Ted Konyi
COMPENSATION CA$180,000
AGE 64
TENURE AS CEO 4.8 years
CEO Bio

Mr. Theodore H. Konyi, also known as Ted, has been the Chief Executive Officer of SmartCool Systems Inc. since January 1, 2015, its Chairman since January 16, 2015 and its Interim Chief Financial Officer since June 1, 2018. Mr. Konyi has been President of SmartCool Systems Inc. since June 21, 2017. He serves as the President and Chief Executive Officer of Maxwell Mercantile Inc. He Co-Founded IZON Network, Inc. and served as Director at IZON Network, Inc. (formerly known as Digital Caddies, Inc.). Mr. Konyi served as a Secretary and Treasurer of IZON Network, Inc. (formerly known as Digital Caddies, Inc.) and GolfLogix Systems, Inc. As founder of the Maxwell group of companies, he is involved in the start-up and growth phases of 15 corporations primarily in the energy and technology industries. He was the Founder of Magnum Energy Inc. and served as its President and Chief Executive Officer from October 1, 2003 to January 31, 2009. He served as Vice President of Business Development at Smartcool Systems Inc. since September 1, 2004 until April 1, 2006. He served as the President of StonePoint Global Brands Inc.( formerly, Stonepoint Group Inc.) from 2001 to February 14, 2003. From 1988 to 1998, Mr. Konyi was responsible for forming and financing 17 limited partnerships that invested in the energy sector. He has 20 years of entrepreneurial participation in the financial and investment arenas. He has over 25 years experience as a financial entrepreneur. Since 1994, he has been involved as a director or senior officer in 12 publicly listed companies. He has been a Director of Amaya (Alberta) Inc. since August 18, 2010. He served as Director of First Coal Corporation. He has been a Director of Digital Caddies, Inc. and GolfLogix Systems, Inc. since January 18, 2007. He served as a Director of Edge Resources Inc. from May 2010 to October 27, 2011. Mr. Konyi served as a Director of Magnum Energy Inc. since October 1, 2003. Mr. Konyi served as a Director of Lomiko Metals Inc. (also known as Lomiko Resources Inc). He served as a Director of Minco Gold Corporation from February 1999 to July 4, 2000 and StonePoint Global Brands Inc. from 2001 to February 14, 2003.

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

Average tenure of the Smartcool Systems management team in years:

2.6
Average Tenure
  • The tenure for the Smartcool Systems management team is about average.
Management Team

Ted Konyi

TITLE
Chairman
COMPENSATION
CA$180K
AGE
64
TENURE
4.8 yrs

Helen Qian

TITLE
EVP of Business Development & Director
TENURE
2.6 yrs

George Burnes

TITLE
Assistant to the Chief Executive Officer
COMPENSATION
CA$30K
AGE
68
TENURE
4.8 yrs

Sharon Kordysz

TITLE
Chief Operating Officer
TENURE
0.5 yrs

Mike Kordysz

TITLE
Vice President of Investor Relations

Steven Martin

TITLE
Executive Vice President
COMPENSATION
CA$32K

Frank Lawrence

TITLE
Executive Vice President of Sales- Caribbean
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the Smartcool Systems board of directors in years:

4.4
Average Tenure
76
Average Age
  • The tenure for the Smartcool Systems board of directors is about average.
Board of Directors

Helen Qian

TITLE
EVP of Business Development & Director
TENURE
1.8 yrs

Dalton Larson

TITLE
Independent Director
AGE
79
TENURE
4.8 yrs

Ted Konyi

TITLE
Chairman
COMPENSATION
CA$180K
AGE
64
TENURE
4.8 yrs

Owen McCreery

TITLE
Member of Advisory Board
AGE
76
TENURE
4.4 yrs

Malcolm Leggett

TITLE
Independent Director
TENURE
1.7 yrs

Jay Friesen

TITLE
Member of Advisory Board
TENURE
4.4 yrs

Andy Loza

TITLE
Member of Advisory Board
TENURE
4.4 yrs

Damian Smith

TITLE
Director
TENURE
0.8 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 (€) Value (€)
20. Mar 19 Buy Haiwen Qian Individual 15. Mar 19 15. Mar 19 642,788 €0.03 €21,286
X
Management checks
We assess Smartcool Systems'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. Smartcool Systems 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.

R3W News

Simply Wall St News

R3W Company Info

Description

Smartcool Systems Inc., a clean technology company, focuses on the acquisition, commercialization, and marketing of energy saving technologies for commercial and retail businesses worldwide. The company offers energy efficiency solutions, such as ECO3 and ESM that reduce the energy consumption of compressors in air conditioning, refrigeration, and heat pump systems. It distributes products directly; and through a network of distributors to customers in food retail, climate controlled storage, hospitality, and commercial real estate industries, as well as residential sector. The company was formally known as Citotech Systems Inc. and changed its name to Smartcool Systems Inc. in 2004. Smartcool Systems Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada.

Details
Name: Smartcool Systems Inc.
R3W
Exchange: DB
Founded: 2000
CA$7,410,583
239,973,165
Website: http://www.smartcool.net
Address: Smartcool Systems Inc.
2848 West 22nd Avenue,
Vancouver,
British Columbia, Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SSC Common Shares TSX Venture Exchange CA CAD 12. Jun 1997
OTCPK SSCF.F Common Shares Pink Sheets LLC US USD 12. Jun 1997
DB R3W Common Shares Deutsche Boerse AG DE EUR 12. Jun 1997
Number of employees
Current staff
Staff numbers
0
Smartcool Systems employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/15 20:44
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2018/11/28
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.