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Concierge Technologies

OTCPK:CNCG
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CNCG
OTCPK
$30M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Concierge Technologies, Inc., through its subsidiaries, primarily provides investment fund management services in the United States, New Zealand, and Canada. The last earnings update was 54 days ago. More info.


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  • Concierge Technologies has significant price volatility in the past 3 months.
CNCG Share Price and Events
7 Day Returns
3.4%
OTCPK:CNCG
5.7%
US Capital Markets
2.4%
US Market
1 Year Returns
-25.9%
OTCPK:CNCG
-8.3%
US Capital Markets
-10%
US Market
CNCG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Concierge Technologies (CNCG) 3.4% -46.7% -42.9% -25.9% -64.7% -
US Capital Markets 5.7% -9% -20.5% -8.3% 8.4% 26.6%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • CNCG underperformed the Capital Markets industry which returned -8.3% over the past year.
  • CNCG underperformed the Market in United States of America which returned -10% over the past year.

CNCG Value

 Is Concierge Technologies 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 Concierge Technologies 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 Concierge Technologies.

OTCPK:CNCG 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
= $0.47 * 10.2%
$0.05
Book Value of Equity per Share Median Book Value from the past 5 years. $0.47
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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 OTCPK:CNCG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.749 (1 + (1- 21%) (6.58%))
0.858
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.858 * 5.44%)
6.41%

Discounted Cash Flow Calculation for OTCPK:CNCG using Excess Returns Model Model

The calculations below outline how an intrinsic value for Concierge Technologies 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.

OTCPK:CNCG Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.2% – 6.41%) * $0.47)
$0.02
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.02 / (6.41% - 1.74%)
$0.38
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $0.47 + $0.38
$0.85
OTCPK:CNCG Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.85
Current discount Discount to share price of $0.80
= -1 x ($0.80 - $0.85) / $0.85
5.7%

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

Current Discount
Amount off the current price Concierge Technologies is available for.
Intrinsic value
6%
Share price is $0.8 vs Future cash flow value of $0.84825
Current Discount Checks
For Concierge Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Concierge Technologies's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Concierge Technologies's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Concierge Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Concierge Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CNCG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.00
OTCPK:CNCG Share Price ** OTCPK (2020-04-03) in USD $0.8
United States of America Capital Markets Industry PE Ratio Median Figure of 92 Publicly-Listed Capital Markets Companies 33.4x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

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

** Primary Listing of Concierge Technologies.

OTCPK:CNCG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:CNCG Share Price ÷ EPS (both in USD)

= 0.8 ÷ 0.00

-273.32x

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

  • Concierge Technologies is loss making, we can't compare its value to the US Capital Markets industry average.
  • Concierge Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Concierge Technologies's expected growth come at a high price?
Raw Data
OTCPK:CNCG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -273.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 1.87x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*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 Concierge Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Concierge Technologies's assets?
Raw Data
OTCPK:CNCG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.47
OTCPK:CNCG Share Price * OTCPK (2020-04-03) in USD $0.8
United States of America Capital Markets Industry PB Ratio Median Figure of 192 Publicly-Listed Capital Markets Companies 8.59x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
OTCPK:CNCG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:CNCG Share Price ÷ Book Value per Share (both in USD)

= 0.8 ÷ 0.47

1.71x

* Primary Listing of Concierge Technologies.

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

  • Concierge Technologies is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Concierge Technologies'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. Concierge Technologies 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.

CNCG Future Performance

 How is Concierge Technologies 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 Concierge Technologies 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
4.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Concierge Technologies expected to grow at an attractive rate?
  • Unable to compare Concierge Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Concierge Technologies's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Concierge Technologies's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:CNCG Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 4.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
OTCPK:CNCG 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CNCG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 25 0 0
2019-09-30 26 1 0
2019-06-30 27 1 0
2019-03-31 27 1 1
2018-12-31 28 2 1
2018-09-30 29 2 1
2018-06-30 29 3 2
2018-03-31 29 3 3
2017-12-31 30 4 4
2017-09-30 31 3 5
2017-06-30 32 5 5
2017-03-31 32 4 5

*GAAP earnings excluding extraordinary items.

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

OTCPK:CNCG Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.01
2019-03-31 0.04
2018-12-31 0.04
2018-09-30 0.04
2018-06-30 0.06
2018-03-31 0.09
2017-12-31 0.13
2017-09-30 0.16
2017-06-30 0.18
2017-03-31 0.16

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

Next steps:

  1. Examine Concierge Technologies'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. Concierge Technologies'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. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Concierge Technologies's filings and announcements 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 Concierge Technologies'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Concierge Technologies 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.

CNCG Past Performance

  How has Concierge Technologies 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 Concierge Technologies'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.
  • Concierge Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Concierge Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Concierge Technologies's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Concierge Technologies'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 Concierge Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CNCG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 24.91 -0.11 17.33
2019-09-30 25.80 0.03 18.01
2019-06-30 26.95 0.26 18.55
2019-03-31 27.45 1.31 18.43
2018-12-31 27.98 1.23 19.13
2018-09-30 28.62 1.15 19.52
2018-06-30 28.71 1.73 19.41
2018-03-31 28.97 2.67 18.76
2017-12-31 29.63 3.71 19.00
2017-09-30 30.81 4.76 19.79
2017-06-30 32.01 5.19 20.01
2017-03-31 32.42 4.78 20.03
2016-12-31 32.07 5.32 18.80
2016-09-30 24.62 5.67 6.11
2016-06-30 27.78 5.28 15.89
2015-12-31 21.74 3.48 5.29
2014-12-31 14.61 0.12 5.52

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

CNCG Health

 How is Concierge Technologies'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 Concierge Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Concierge Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Concierge Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Concierge Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 15x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Concierge Technologies Company Filings, last reported 3 months ago.

OTCPK:CNCG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 17.46 1.00 10.55
2019-09-30 17.32 1.00 10.91
2019-06-30 17.19 0.69 10.24
2019-03-31 17.39 0.70 9.77
2018-12-31 17.27 0.70 10.84
2018-09-30 17.25 0.71 10.75
2018-06-30 16.98 0.80 10.73
2018-03-31 16.20 0.82 10.18
2017-12-31 15.98 0.85 8.99
2017-09-30 16.08 0.87 10.89
2017-06-30 15.21 0.69 10.49
2017-03-31 13.22 0.70 9.13
2016-12-31 12.09 0.61 7.92
2016-09-30 9.59 0.00 6.80
2016-06-30 9.88 0.62 5.46
2015-12-31 4.94 0.00 2.77
2014-12-31 6.35 0.00 3.75
  • Concierge Technologies's level of debt (5.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Concierge Technologies's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (32.5%, greater than 20% of total debt).
  • Concierge Technologies is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Concierge Technologies'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. Concierge Technologies 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.

CNCG Dividends

 What is Concierge Technologies'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 Concierge Technologies dividends.
If you bought $2,000 of Concierge Technologies 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 Concierge Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Concierge Technologies'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
OTCPK:CNCG 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 States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

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

CNCG Management

 What is the CEO of Concierge Technologies'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
Nicholas Gerber
COMPENSATION $400,000
AGE 57
TENURE AS CEO 5.3 years
CEO Bio

Mr. Nicholas Daniel Gerber has been the Chief Executive Officer and Secretary of Concierge Technologies Inc. since January 30, 2015 and has been its President since January 2015. Mr. Gerber has been the Chief Executive Officer and President at Victoria Bay Asset Management, LLC since June 9, 2005 and its Management Director since June 10, 2005. He serves as a Portfolio Manager at United States Oil Fund LP. Mr. Gerber serves as a Management Director at Standard Asset Management, LLC. Mr. Gerber served as President and Portfolio Manager at United States Commodity Funds LLC since June 9, 2005. His two decades of experience in institutional investment include a successful stint as a Floor Trader on the New York Futures Exchange. He served as the Chairman, Principal Executive Officer, President, Principal Financial Officer, Chief Legal Officer, Treasurer and Portfolio Manager at Ameristock Corporation and Ameristock Mutual Fund Inc. He founded Ameristock Focused Value Fund and served as its President. Prior to establishing Ameristock, he served as a Portfolio Manager of Bank of America Capital Management, where he was responsible for the daily stewardship of four funds. Before joining Bank of America. He created and managed a futures index fund. Mr. Gerber serves as the Chairman of the Board of United States Commodity Funds LLC. He has been Chairman of the Concierge Technologies Inc. since January 2015 and has been its Director since 2015. He served as the Chairman of the Board at United States Commodity Index Funds Trust - United States Agriculture Index Fund. Mr. Gerber served as a Director of Ameristock Corporation since 1995. He holds an M.B.A. in Finance from the University of San Francisco and a B.A. from Skidmore College.

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

Average tenure and age of the Concierge Technologies management team in years:

2.8
Average Tenure
56
Average Age
  • The tenure for the Concierge Technologies management team is about average.
Management Team

Nicholas Gerber

TITLE
Chairman
COMPENSATION
$400K
AGE
57
TENURE
5.3 yrs

Stuart Crumbaugh

TITLE
Chief Financial Officer
COMPENSATION
$315K
AGE
56
TENURE
2.3 yrs

David Neibert

TITLE
COO, Secretary & Director
COMPENSATION
$225K
AGE
64
TENURE
2.4 yrs

Katie Rooney

TITLE
Chief Communications Officer & Director
AGE
47
TENURE
3.3 yrs

John Love

TITLE
Chief Executive Officer - USCF
COMPENSATION
$488K
AGE
47
Board of Directors Tenure

Average tenure and age of the Concierge Technologies board of directors in years:

3.3
Average Tenure
51
Average Age
  • The tenure for the Concierge Technologies board of directors is about average.
Board of Directors

David Neibert

TITLE
COO, Secretary & Director
COMPENSATION
$225K
AGE
64
TENURE
17.8 yrs

Katie Rooney

TITLE
Chief Communications Officer & Director
AGE
47
TENURE
3.3 yrs

Scott Schoenberger

TITLE
Director
AGE
53
TENURE
5.3 yrs

Nicholas Gerber

TITLE
Chairman
COMPENSATION
$400K
AGE
57
TENURE
5.3 yrs

Matt Gonzalez

TITLE
Independent Director
COMPENSATION
$10K
AGE
54
TENURE
7.3 yrs

Erin Grogan

TITLE
Independent Director
COMPENSATION
$10K
AGE
45
TENURE
3.1 yrs

Joya Harris

TITLE
Independent Director
COMPENSATION
$10K
AGE
46
TENURE
3.1 yrs

Derek Mullins

TITLE
Independent Director
COMPENSATION
$10K
AGE
45
TENURE
3.1 yrs

Kelly Anderson

TITLE
Independent Director
COMPENSATION
$4K
AGE
51
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. May 19 Buy David Neibert Individual 22. May 19 22. May 19 500 $1.09 $545
X
Management checks
We assess Concierge Technologies'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. Concierge Technologies 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.

CNCG News

Simply Wall St News

CNCG Company Info

Description

Concierge Technologies, Inc., through its subsidiaries, primarily provides investment fund management services in the United States, New Zealand, and Canada. It also operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts. In addition, the company produces, packs, and distributes gourmet meat pies and related bakery confections to the groceries, gasoline convenience stores, and independent retailers; and offers security alarm system installation and maintenance services to residential and commercial customers. Further, it is involved in the wholesale distribution of hair and skin care products under the Original Sprout brand name, as well as provision of private banking services to individuals and their families through its mobile platform. Concierge Technologies, Inc. was founded in 1996 and is based in San Clemente, California.

Details
Name: Concierge Technologies, Inc.
CNCG
Exchange: OTCPK
Founded: 1996
$29,930,015
37,412,519
Website: http://conciergetechnology.net
Address: Concierge Technologies, Inc.
1202 Puerta Del Sol,
San Clemente,
California, 92673,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK CNCG Common Stock Pink Sheets LLC US USD 12. Dec 2016
Number of employees
Current staff
Staff numbers
90
Concierge Technologies employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 08:03
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/14
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.