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Online Blockchain

AIM:OBC
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OBC
AIM
£2M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Online Blockchain PLC operates as an incubator and investor in Internet and information businesses in the United Kingdom. The last earnings update was 230 days ago. More info.


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OBC Share Price and Events
7 Day Returns
0%
AIM:OBC
-0.3%
GB Capital Markets
-0.5%
GB Market
1 Year Returns
-2.3%
AIM:OBC
18.8%
GB Capital Markets
3.7%
GB Market
OBC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Online Blockchain (OBC) 0% 10.3% 13.2% -2.3% 34.4% 10.3%
GB Capital Markets -0.3% -1.2% 3.2% 18.8% 63.8% 107.4%
GB Market -0.5% 1.4% 3.1% 3.7% 7.8% 3.8%
1 Year Return vs Industry and Market
  • OBC underperformed the Capital Markets industry which returned 18.8% over the past year.
  • OBC underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 3.7% over the past year.
Price Volatility
OBC
Industry
5yr Volatility vs Market

OBC Value

 Is Online Blockchain 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
Here we compare the current share price of Online Blockchain to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Online Blockchain.

AIM:OBC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.12 * 1.3%
£0.00
Book Value of Equity per Share Median Book Value from the past 5 years. £0.12
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:OBC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 19%) (0%))
0.835
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.835 * 6.65%)
6.78%

Discounted Cash Flow Calculation for AIM:OBC using Excess Returns Model Model

The calculations below outline how an intrinsic value for Online Blockchain is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AIM:OBC Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (1.3% – 6.78%) * £0.12)
£-0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £-0.01 / (6.78% - 1.23%)
£-0.12
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.12 + £-0.12
£0
AIM:OBC Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.00
Current discount Discount to share price of £0.22
= -1 x (£0.22 - £0.00) / £0.00
-31846.4%

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

  • The current share price of Online Blockchain is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Online Blockchain's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Online Blockchain's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:OBC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.05
AIM:OBC Share Price ** AIM (2019-11-12) in GBP £0.22
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PE Ratio Median Figure of 42 Publicly-Listed Capital Markets Companies 20.19x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 752 Publicly-Listed Companies 16.92x

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

** Primary Listing of Online Blockchain.

AIM:OBC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:OBC Share Price ÷ EPS (both in GBP)

= 0.22 ÷ -0.05

-4.06x

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

  • Online Blockchain is loss making, we can't compare its value to the GB Capital Markets industry average.
  • Online Blockchain is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Online Blockchain's expected growth come at a high price?
Raw Data
AIM:OBC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
57.9%per year
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PEG Ratio Median Figure of 25 Publicly-Listed Capital Markets Companies 1.1x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 555 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 Online Blockchain, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Online Blockchain's assets?
Raw Data
AIM:OBC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.21
AIM:OBC Share Price * AIM (2019-11-12) in GBP £0.22
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PB Ratio Median Figure of 75 Publicly-Listed Capital Markets Companies 1.33x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.5x
AIM:OBC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:OBC Share Price ÷ Book Value per Share (both in GBP)

= 0.22 ÷ 0.21

1.02x

* Primary Listing of Online Blockchain.

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

  • Online Blockchain is good value based on assets compared to the GB Capital Markets industry average.
X
Value checks
We assess Online Blockchain'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Online Blockchain has a total score of 1/6, 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.

OBC Future Performance

 How is Online Blockchain expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Online Blockchain, future earnings growth has been estimated based on fundamentals.
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
57.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Online Blockchain expected to grow at an attractive rate?
  • Online Blockchain's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Online Blockchain's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare Online Blockchain's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:OBC Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:OBC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 57.9%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland 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
AIM:OBC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:OBC Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 0
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Online Blockchain's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Online Blockchain 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
AIM:OBC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Online Blockchain Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:OBC Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.04
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 0.01
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 Online Blockchain will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Online Blockchain'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Online Blockchain has a total score of 3/6, 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.

OBC Past Performance

  How has Online Blockchain performed over the past 5 years?

  • Online Blockchain's last earnings update was 230 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 Online Blockchain's growth in the last year to its industry (Capital Markets).
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.
  • Online Blockchain does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Online Blockchain's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Online Blockchain's 1-year growth to the GB Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Online Blockchain'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 Online Blockchain Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:OBC Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.05 -0.46 0.55
2018-09-30 0.05 -0.32 0.43
2018-06-30 0.06 -0.19 0.31
2018-03-31 0.07 -0.07 0.19
2017-12-31 0.09 0.04 0.07
2017-09-30 0.09 0.05 0.07
2017-06-30 0.10 0.06 0.08
2017-03-31 0.09 0.02 0.07
2016-12-31 0.09 0.02 0.07
2016-09-30 0.09 0.02 0.07
2016-06-30 0.09 0.01 0.07
2016-03-31 0.09 0.01 0.08
2015-12-31 0.09 0.00 0.09
2015-09-30 0.09 0.00 0.09
2015-06-30 0.09 0.00 0.10
2015-03-31 0.09 -0.01 0.10
2014-12-31 0.09 -0.01 0.10
2014-09-30 0.08 -0.01 0.09
2014-06-30 0.08 -0.01 0.09
2014-03-31 0.07 -0.01 0.08
2013-12-31 0.07 -0.01 0.08
2013-09-30 0.08 -0.01 0.09
2013-06-30 0.09 -0.01 0.10
2013-03-31 0.11 -0.01 0.12
2012-12-31 0.13 0.00 0.14

*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 Online Blockchain has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Online Blockchain has efficiently used its assets last year compared to the GB Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Online Blockchain 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 Online Blockchain'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 Capital Markets 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.
Online Blockchain 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.

OBC Health

 How is Online Blockchain'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 Online Blockchain's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Online Blockchain is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Online Blockchain has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Online Blockchain'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.
  • Online Blockchain 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 Online Blockchain Company Filings, last reported 10 months ago.

AIM:OBC Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.83 0.00 0.39
2018-09-30 1.83 0.00 0.39
2018-06-30 2.09 0.00 0.65
2018-03-31 2.09 0.00 0.65
2017-12-31 0.95 0.05
2017-09-30 0.95 0.05
2017-06-30 1.26 0.00 0.00
2017-03-31 0.96 0.00 0.00
2016-12-31 0.95 0.05
2016-09-30 0.95 0.05
2016-06-30 0.94 0.06
2016-03-31 0.94 0.06
2015-12-31 0.93 0.02
2015-09-30 0.93 0.02
2015-06-30 0.93 0.00 0.02
2015-03-31 0.93 0.00 0.02
2014-12-31 0.93 0.00
2014-09-30 0.93 0.00
2014-06-30 0.92 0.02
2014-03-31 0.92 0.02
2013-12-31 0.93 0.00
2013-09-30 0.93 0.00
2013-06-30 0.93 0.04
2013-03-31 0.93 0.04
2012-12-31 0.93 0.00
  • Online Blockchain has no debt.
  • Online Blockchain had no debt 5 years ago.
  • Online Blockchain has no debt, it does not need to be covered by operating cash flow.
  • Online Blockchain has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Online Blockchain'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. Online Blockchain has a total score of 6/6, 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.

OBC Dividends

 What is Online Blockchain'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 Online Blockchain dividends.
If you bought £2,000 of Online Blockchain 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 Online Blockchain's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Online Blockchain'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
AIM:OBC 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
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.9%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

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 Online Blockchain has not reported any payouts.
  • Unable to verify if Online Blockchain's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Online Blockchain's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Online Blockchain 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 Online Blockchain'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 Online Blockchain afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Online Blockchain 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.

OBC Management

 What is the CEO of Online Blockchain'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
Clem Chambers
COMPENSATION £56,000
AGE 55
CEO Bio

Mr. Clement Hadrian Chambers, also known as Clem, is a Co-Founder of Online Blockchain PLC and serves as its Chief Executive Officer and Director. Mr. Chambers is a Co-Founder of ADVFN plc and serves as its Chief Executive Officer and Managing Director. Mr. Chambers takes an active role in all aspects of ADVFN, from product and staff development to revenue generation and the day-to-day running of the site. He is a Co-founder of ALL IPO plc and serves as its Chief Executive Officer. Mr. Chambers is also a Co-founder of On-Line plc. He has been Chief Executive Officer of Sefton Resources Inc since October 31, 2015 and served as its Interim Chief Executive Officer since October 31, 2015. He has been involved in the software industry for over 25 years as a pioneer of computer games, massively multiplayer games, multimedia and the internet. He serves as an Executive Director of ADVFN plc. Mr. Chambers has been a Non-Executive Director of Avarae Global Coins Plc since November 16, 2010 and serves as its Member of Advisory Panel. He also serves as a Director at On-line PLC and All IPO plc. He has been a Director of Sefton Resources Inc. since October 23, 2015. His other current directorships are Cupid Bay Limited, Advessel Limited and Throgmorton Street Capital Ltd. He served as a Non-Executive Director of Equity Development Limited. He served as a Non-Executive Director of Sefton Resources Inc. until May 2015. Previously, he was a Director at CRL Group plc (“CRL“) from 1982 to 1987. Mr. Chambers also served as a Director at Advertwizard Limited, Akaei plc and Equity Holdings Limited. He has written investment columns for Wired Magazine, Forbes, The Business, The Scotsman and broadcasts on investment matters for SKY News, CNBC and the BBC.

CEO Compensation
  • Insufficient data for Clem to compare compensation growth.
  • Clem's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Michael Hodges

TITLE
Chairman
COMPENSATION
£35K
AGE
56

Clem Chambers

TITLE
Co-Founder
COMPENSATION
£56K
AGE
55

Jon Mullins

TITLE
CFO, CTO & Director
COMPENSATION
£35K
AGE
49
Board of Directors

Michael Hodges

TITLE
Chairman
COMPENSATION
£35K
AGE
56

Clem Chambers

TITLE
Co-Founder
COMPENSATION
£56K
AGE
55

Jon Mullins

TITLE
CFO, CTO & Director
COMPENSATION
£35K
AGE
49

Bill Louden

TITLE
Non-Executive Director
COMPENSATION
£5K
AGE
72
TENURE
1.8 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 (£)
X
Management checks
We assess Online Blockchain'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. Online Blockchain 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.

OBC News

Simply Wall St News

Can You Imagine How Online Blockchain's (LON:OBC) Shareholders Feel About The 50% Share Price Increase?

For example, the Online Blockchain PLC (LON:OBC) share price is up 50% in the last 5 years, clearly besting than the market return of around 6.7% (ignoring dividends). … Check out our latest analysis for Online Blockchain With just UK£50,000 worth of revenue in twelve months, we don't think the market considers Online Blockchain to have proven its business plan. … A Different Perspective While the broader market gained around 2.8% in the last year, Online Blockchain shareholders lost 47%.

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What You Must Know About Online Blockchain PLC's (LON:OBC) Beta Value

If you own shares in Online Blockchain PLC (LON:OBC) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Beta is worth considering, but it's also important to consider whether Online Blockchain is growing earnings and revenue.

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Some Online Blockchain (LON:OBC) Shareholders Have Copped A Big 63% Share Price Drop

View our latest analysis for Online Blockchain. … With just UK£50,000 worth of revenue in twelve months, we don't think the market considers Online Blockchain to have proven its business plan. … Investors will be hoping that Online Blockchain can make progress and gain better traction for the business, before it runs low on cash.

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Is Online Blockchain PLC's (LON:OBC) CEO Overpaid Relative To Its Peers?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Clem Chambers's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Online Blockchain PLC has a market cap of UK£1.8m, and is paying total annual CEO compensation of UK£56k.

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One Thing To Remember About The Online Blockchain PLC (LON:OBC) Share Price

If you're interested in Online Blockchain PLC (LON:OBC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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What Does Online Blockchain PLC's (LON:OBC) Ownership Structure Look Like?

In this article, I will take a quick look at Online Blockchain PLC’s (LON:OBC) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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Does Online Blockchain PLC's (LON:OBC) -105.00% Earnings Drop Reflect A Longer Term Trend?

After looking at Online Blockchain PLC's (AIM:OBC) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … See our latest analysis for Online Blockchain Was OBC weak performance lately part of a long-term decline? … AIM:OBC Income Statement Jun 7th 18 We can further analyze Online Blockchain's loss by looking at what the industry has been experiencing over the past few years.

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Does Online Blockchain PLC (LON:OBC) Fall With The Market?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … See our latest analysis for Online Blockchain An interpretation of OBC's beta Online Blockchain's beta of 0.8 indicates that the stock value will be less variable compared to the whole stock market. … OBC’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

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Is Online Blockchain PLC's (LON:OBC) CEO Salary Justified?

Profitability of a company is a strong indication of OBC's ability to generate returns on shareholders' funds through corporate activities. … During times of negative earnings, the company may be facing a period of reinvestment and growth, or it can be an indication of some headwind. … Usually I'd use market cap and profit as factors determining performance, however, OBC's negative earnings lower the effectiveness of this method.

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Why Online Blockchain PLC's (LON:OBC) Investor Composition Impacts Your Returns

I am going to take a deep dive into Online Blockchain PLC’s (AIM:OBC) most recent ownership structure, not a frequent subject of discussion among individual investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: OBC's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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OBC Company Info

Description

Online Blockchain PLC operates as an incubator and investor in Internet and information businesses in the United Kingdom. The company, through its investment in ADVFN plc, develops and provides financial information; offers research services; and develops and exploits ancillary Internet sites. The company was formerly known as On-line plc and changed its name to Online Blockchain PLC in December 2017. Online Blockchain PLC was incorporated in 1996 and is based in Ongar, the United Kingdom.

Details
Name: Online Blockchain PLC
OBC
Exchange: AIM
Founded: 1996
£1,862,404
8,662,348
Website: http://www.onlineblockchain.io
Address: Online Blockchain PLC
Essex Technology Centre,
Suite 27,
Ongar,
Essex, CM5 0GA,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM OBC Ordinary Shares London Stock Exchange AIM Market GB GBP 18. Dec 1996
Number of employees
Current staff
Staff numbers
4
Online Blockchain employees.
Industry
Financial Exchanges and Data
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 20:37
End of day share price update: 2019/11/12 00:00
Last earnings filing: 2019/03/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.