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Midpoint Holdings

DB:8MH1
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8MH1
DB
CA$4M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Midpoint Holdings Ltd., a Web-based enterprise, engages in the peer to peer (P2P) foreign exchange business in Canada. The last earnings update was 42 days ago. More info.


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8MH1 Share Price and Events
7 Day Returns
3.1%
DB:8MH1
-4.8%
Europe Consumer Finance
2.1%
DE Market
1 Year Returns
-
DB:8MH1
-50.9%
Europe Consumer Finance
-16.6%
DE Market
8MH1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Midpoint Holdings (8MH1) 3.1% - - - - -
Europe Consumer Finance -4.8% -34.8% -44.2% -50.9% -66.5% -66.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • No trading data on 8MH1.
  • No trading data on 8MH1.
Price Volatility
8MH1
Industry
5yr Volatility vs Market

Value

 Is Midpoint Holdings 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 Midpoint Holdings. This is due to cash flow or dividend data being unavailable. The share price is €0.0725.
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 Midpoint Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Midpoint Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8MH1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.04
TSXV:MPT Share Price ** TSXV (2020-04-07) in CAD CA$0.14
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.27x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Midpoint Holdings.

DB:8MH1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.14 ÷ -0.04

-3.75x

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

  • Midpoint Holdings is loss making, we can't compare its value to the Europe Consumer Finance industry average.
  • Midpoint Holdings is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Midpoint Holdings's expected growth come at a high price?
Raw Data
DB:8MH1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.43x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*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 Midpoint Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Midpoint Holdings's assets?
Raw Data
DB:8MH1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.01
TSXV:MPT Share Price * TSXV (2020-04-07) in CAD CA$0.14
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.68x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:8MH1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.14 ÷ 0.01

16.52x

* Primary Listing of Midpoint Holdings.

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

  • Midpoint Holdings is overvalued based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Midpoint Holdings'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Midpoint Holdings 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 Midpoint Holdings 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 Midpoint Holdings 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
12.3%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Midpoint Holdings expected to grow at an attractive rate?
  • Unable to compare Midpoint Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Midpoint Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Midpoint Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:8MH1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
DB:8MH1 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:8MH1 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -1 -1
2019-09-30 0 0 -1
2019-06-30 0 0 -1
2019-03-31 0 0 -1
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 1 0 -1
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Midpoint Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Midpoint Holdings 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:8MH1 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 Midpoint Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8MH1 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.04
2019-09-30 -0.03
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Midpoint Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Midpoint Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Midpoint Holdings'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 Diversified Financials companies here
  3. Midpoint Holdings'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 Midpoint Holdings'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.
Midpoint Holdings 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 Midpoint Holdings 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 Midpoint Holdings's growth in the last year to its industry (Consumer Finance).
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.
  • Midpoint Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Midpoint Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Midpoint Holdings's 1-year growth to the Europe Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Midpoint Holdings'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 Midpoint Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8MH1 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 0.40 -0.97 0.73 0.08
2019-09-30 0.40 -0.69 0.52 0.03
2019-06-30 0.40 -0.57 0.50
2019-03-31 0.42 -0.56 0.60
2018-12-31 0.46 -0.60 0.63 0.02
2018-09-30 0.48 -0.69 0.75 0.01
2018-06-30 0.48 -0.71 0.79
2018-03-31 0.51 -0.60 0.66 0.00
2017-12-31 0.45 -0.49 0.56 0.00
2017-09-30 0.41 -0.38 0.50 -0.04
2017-06-30 0.37 -0.43 0.52 -0.04
2017-03-31 0.33 -0.61 0.48 -0.06
2016-12-31 0.30 -0.72 0.53 -0.06
2016-09-30 0.29 -1.01 0.73 -0.02
2016-06-30 0.27 -1.16 0.88 -0.02
2016-03-31 0.24 -1.19 1.08
2015-12-31 0.21 -1.31 1.20
2015-09-30 0.19 -1.32 1.22
2015-06-30 0.16 -1.27 1.15
2015-03-31 0.12 -1.39 1.28 0.00
2014-12-31 0.10 -1.41 1.32 0.00
2014-09-30 0.07 -1.36 1.29 -0.04
2014-06-30 0.05 -1.35 1.26
2014-03-31 0.04 -1.42 1.01 0.01
2013-12-31 0.02 -1.22 0.82 -0.03
2013-09-30 0.01 -1.13 0.66 0.05
2013-06-30 -0.90 0.46 0.02

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Midpoint Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Midpoint Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Midpoint Holdings'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.
  • Midpoint Holdings has no debt, it does not need to be 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 Midpoint Holdings Company Filings, last reported 3 months ago.

DB:8MH1 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 0.22 0.00 0.41
2019-09-30 0.49 0.00 0.67
2019-06-30 0.73 0.00 0.81
2019-03-31 1.10 0.00 0.92
2018-12-31 1.21 0.00 1.00
2018-09-30 1.31 0.00 1.14
2018-06-30 1.43 0.00 1.27
2018-03-31 1.74 0.00 1.51
2017-12-31 1.78 0.00 1.61
2017-09-30 0.66 0.00 0.79
2017-06-30 0.74 0.00 0.81
2017-03-31 0.88 0.00 0.76
2016-12-31 0.58 0.00 0.54
2016-09-30 0.49 0.00 0.66
2016-06-30 0.42 0.00 0.41
2016-03-31 0.81 0.00 0.34
2015-12-31 0.47 0.24 0.31
2015-09-30 0.30 0.00 0.13
2015-06-30 0.62 0.00 0.38
2015-03-31 0.70 0.00 0.43
2014-12-31 0.70 0.00 0.44
2014-09-30 0.63 0.00 0.62
2014-06-30 0.91 0.00 0.90
2014-03-31 1.41 0.00 1.32
2013-12-31 1.69 0.00 1.60
2013-09-30 1.92 0.00 1.93
2013-06-30 2.19 0.00 2.37
  • Midpoint Holdings has no debt.
  • Midpoint Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Midpoint Holdings has less than a year of cash runway based on current free cash flow.
  • Midpoint Holdings has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18.2% each year.
X
Financial health checks
We assess Midpoint Holdings'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. Midpoint Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Midpoint Holdings'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 Midpoint Holdings dividends.
If you bought €2,000 of Midpoint Holdings 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 Midpoint Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Midpoint Holdings'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:8MH1 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 Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 6.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

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 Midpoint Holdings has not reported any payouts.
  • Unable to verify if Midpoint Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Midpoint Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Midpoint Holdings 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 Midpoint Holdings'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 Midpoint Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Midpoint Holdings 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 Midpoint Holdings'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
David Wong
COMPENSATION CA$0
TENURE AS CEO 4.4 years
CEO Bio

Mr. Shee Hau Wong, also known as David, CMgr, CAIA, CMT, FCMI has been the President and Chief Executive Officer of Midpoint Holdings Ltd. since November 27, 2015. Mr. Wong serves as the Managing Director and Founder of Expadis Capital. Mr. Wong is a London-based investor in disruptive technologies. He worked at Sovereign Capital Partners, a UK-based private equity investor in support services, healthcare and education sectors. Prior to becoming an investor, he co-founded a publicly traded digital media company. In addition to advising public companies and investment funds, he has extensive experience in cross-border transactions and helping businesses scale internationally. He has been the Chairman at Midpoint Holdings Ltd. since April 11, 2016 and its Director since January 08, 2015. He is a Member of the Institute of Directors. He is a Chartered Alternative Investment Analyst (CAIA), Chartered Market Technician (CMT), Chartered Manager and Fellow of the Chartered Management Institute. Mr. Wong holds a Bachelor's Degree in Engineering from the University of Liverpool and a Master's Degree with distinction in Management from the University of Brighton.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Midpoint Holdings management team in years:

4.4
Average Tenure
  • The tenure for the Midpoint Holdings management team is about average.
Management Team

David Wong

TITLE
Chairman
TENURE
4.4 yrs

Corbin Comishin

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$41K
TENURE
4.4 yrs

Andrew Jones

TITLE
Chief Operating Officer
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure of the Midpoint Holdings board of directors in years:

3.8
Average Tenure
  • The tenure for the Midpoint Holdings board of directors is about average.
Board of Directors

David Wong

TITLE
Chairman
TENURE
4 yrs

Corbin Comishin

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$41K
TENURE
5.9 yrs

John D’Agostino

TITLE
Independent Director
TENURE
2 yrs

Derek Ivany

TITLE
Chairman of the Advisory Board
TENURE
0.2 yrs

Mike Hampson

TITLE
Independent Director
COMPENSATION
CA$45K
TENURE
5.9 yrs

Dan Drogman

TITLE
Independent Non-Executive Director
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Midpoint Holdings individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Feb 20 Buy Shee Wong Individual 05. Feb 20 05. Feb 20 312,500 €0.05 €17,089
10. Feb 20 Buy Corbin Comishin Individual 05. Feb 20 05. Feb 20 312,500 €0.05 €17,089
10. Feb 20 Buy Corbin Comishin Individual 05. Feb 20 05. Feb 20 19,900 €0.07 €1,360
X
Management checks
We assess Midpoint Holdings'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. Midpoint Holdings 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

Midpoint Holdings Ltd., a Web-based enterprise, engages in the peer to peer (P2P) foreign exchange business in Canada. It operates a peer-to-peer foreign exchange matching platform that matches buyers and sellers of foreign currency, and transfers the funds to their location through an intermediary third-party payment provider. The company was incorporated in 2010 and is headquartered in Nelson, Canada.

Details
Name: Midpoint Holdings Ltd.
8MH1
Exchange: DB
Founded: 2010
CA$2,386,540
25,976,660
Website: http://www.midpoint.com
Address: Midpoint Holdings Ltd.
505 Kootenay Street,
Nelson,
British Columbia, V1L 1K9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MPT Common Stock TSX Venture Exchange CA CAD 13. Apr 2013
DB 8MH1 Common Stock Deutsche Boerse AG DE EUR 13. Apr 2013
Number of employees
Current staff
Staff numbers
0
Midpoint Holdings employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 01:35
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.