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Sphere 3D

Nasdaq:ANY
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ANY
Nasdaq
$4M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Sphere 3D Corp. provides data management, and desktop and application virtualization solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The last earnings update was 5 days ago. More info.


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  • Sphere 3D has significant price volatility in the past 3 months.
ANY Share Price and Events
7 Day Returns
11.2%
NasdaqCM:ANY
2.5%
US Software
0.7%
US Market
1 Year Returns
-83.9%
NasdaqCM:ANY
32.7%
US Software
13.7%
US Market
ANY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sphere 3D (ANY) 11.2% -15.3% -26.4% -83.9% -99.1% -99.9%
US Software 2.5% 9.9% 4.7% 32.7% 116.8% 154.3%
US Market 0.7% 4.7% 6.1% 13.7% 39.2% 44.5%
1 Year Return vs Industry and Market
  • ANY underperformed the Software industry which returned 32.7% over the past year.
  • ANY underperformed the Market in United States of America which returned 13.7% over the past year.
Price Volatility
ANY
Industry
5yr Volatility vs Market

ANY Value

 Is Sphere 3D undervalued based on future cash flows and its price relative to the stock market?

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

In this section, we usually try to help investors determine whether Sphere 3D is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sphere 3D has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

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

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sphere 3D. This is due to cash flow or dividend data being unavailable. The share price is $1.0675.
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 Sphere 3D's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sphere 3D's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:ANY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-1.32
NasdaqCM:ANY Share Price ** NasdaqCM (2019-11-18) in USD $1.07
United States of America Software Industry PE Ratio Median Figure of 71 Publicly-Listed Software Companies 44.43x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

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

** Primary Listing of Sphere 3D.

NasdaqCM:ANY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ANY Share Price ÷ EPS (both in USD)

= 1.07 ÷ -1.32

-0.81x

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

  • Sphere 3D is loss making, we can't compare its value to the US Software industry average.
  • Sphere 3D 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 Sphere 3D's expected growth come at a high price?
Raw Data
NasdaqCM:ANY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.81x
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 Software Industry PEG Ratio Median Figure of 60 Publicly-Listed Software Companies 2.54x
United States of America Market PEG Ratio Median Figure of 2,038 Publicly-Listed Companies 1.46x

*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 Sphere 3D, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sphere 3D's assets?
Raw Data
NasdaqCM:ANY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-2.23
NasdaqCM:ANY Share Price * NasdaqCM (2019-11-18) in USD $1.07
United States of America Software Industry PB Ratio Median Figure of 214 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.76x
NasdaqCM:ANY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ANY Share Price ÷ Book Value per Share (both in USD)

= 1.07 ÷ -2.23

-0.48x

* Primary Listing of Sphere 3D.

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

  • Sphere 3D has negative assets, we can't compare the value of its assets to the US Software industry average.

Next steps:

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

ANY Future Performance

 How is Sphere 3D 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 Sphere 3D has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.7%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sphere 3D expected to grow at an attractive rate?
  • Unable to compare Sphere 3D's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sphere 3D's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Sphere 3D's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:ANY Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 14.7%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NasdaqCM:ANY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
NasdaqCM:ANY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:ANY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 7 -5 -3
2019-06-30 7 -5 -7
2019-03-31 9 -7 -9
2018-12-31 9 -8 -13
2018-09-30 -44 -5 -9
2018-06-30 -24 -5 -9
2018-03-31 -7 -7 -13
2017-12-31 13 -9 -15
2017-09-30 82 -11 -26
2017-06-30 78 -11 -66
2017-03-31 79 -16 -68
2016-12-31 76 -17 -68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sphere 3D is high growth as no earnings estimate data is available.
  • Unable to determine if Sphere 3D 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
NasdaqCM:ANY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sphere 3D Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ANY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:ANY Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -1.32
2019-06-30 -3.31
2019-03-31 -4.75
2018-12-31 -7.65
2018-09-30 -6.53
2018-06-30 -8.71
2018-03-31 -16.66
2017-12-31 -24.78
2017-09-30 -54.99
2017-06-30 -185.38
2017-03-31 -236.09
2016-12-31 -275.35

*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 Sphere 3D will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ANY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Sphere 3D'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 Software companies here
  3. Sphere 3D'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 Sphere 3D'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.
Sphere 3D 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.

ANY Past Performance

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

NasdaqCM:ANY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 7.11 -3.06 6.62 2.60
2019-06-30 7.05 -7.03 7.62 2.63
2019-03-31 8.79 -9.40 8.80 3.01
2018-12-31 9.03 -12.69 10.87 3.43
2018-09-30 -43.88 -8.86 -7.22 2.90
2018-06-30 -23.51 -9.26 -0.14 4.21
2018-03-31 -6.77 -12.74 7.05 5.21
2017-12-31 12.60 -15.42 13.02 5.87
2017-09-30 81.58 -26.29 37.71 7.32
2017-06-30 78.36 -66.10 39.42 7.75
2017-03-31 78.51 -68.20 41.36 8.12
2016-12-31 76.39 -68.46 42.97 8.79
2016-09-30 76.54 -79.58 45.79 9.51
2016-06-30 76.88 -46.51 46.53 9.71
2016-03-31 75.69 -45.75 46.60 10.17
2015-12-31 76.17 -47.23 46.64 9.92
2015-09-30 66.76 -34.07 40.50 7.99
2015-06-30 49.45 -27.29 32.65 5.57
2015-03-31 32.66 -21.49 24.64 2.85
2014-12-31 13.47 -12.72 14.52 0.66
2014-09-30 4.00 -9.12 10.85 0.03
2014-06-30 2.52 -6.03 7.13 0.03
2014-03-31 0.91 -3.53 4.41 0.02
2013-12-31 -3.34 3.27 0.03
2013-09-30 0.00 -2.66 1.78 0.01
2013-06-30 0.00 -2.65 1.52 0.02
2013-03-31 0.00 -2.54 1.45 0.03
2012-12-31 0.41 -2.47 0.67 0.04

*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 Sphere 3D has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Sphere 3D has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sphere 3D 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 Sphere 3D'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 Software 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.
Sphere 3D 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.

ANY Health

 How is Sphere 3D'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 Sphere 3D's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sphere 3D's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sphere 3D's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sphere 3D'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.
  • Sphere 3D has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Sphere 3D Company Filings, last reported 1 month ago.

NasdaqCM:ANY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -0.76 1.84 0.13
2019-06-30 -8.73 8.24 0.15
2019-03-31 -7.18 8.09 0.14
2018-12-31 -5.61 7.17 0.34
2018-09-30 0.71 45.58 2.08
2018-06-30 5.19 44.84 2.86
2018-03-31 8.06 43.96 2.33
2017-12-31 10.46 0.00 0.60
2017-09-30 13.67 43.33 3.87
2017-06-30 14.49 43.80 3.27
2017-03-31 19.48 44.05 6.90
2016-12-31 20.45 44.00 6.56
2016-09-30 21.43 44.59 5.01
2016-06-30 61.53 42.06 4.32
2016-03-31 66.98 34.96 5.68
2015-12-31 68.14 36.89 8.66
2015-09-30 79.10 29.82 5.11
2015-06-30 75.53 29.45 3.70
2015-03-31 77.58 29.44 4.36
2014-12-31 85.14 24.39 4.26
2014-09-30 19.82 5.10 2.84
2014-06-30 22.63 5.19 8.57
2014-03-31 14.97 4.72 6.74
2013-12-31 7.44 0.00 5.22
2013-09-30 3.12 0.00 1.67
2013-06-30 1.66 0.00 0.47
2013-03-31 2.24 0.00 1.05
2012-12-31 2.92 0.00 1.65
  • Sphere 3D has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Sphere 3D's debt level has increased considering it has negative shareholder equity.
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.

  • Sphere 3D has less than a year of cash runway based on current free cash flow.
  • Sphere 3D has less than a year of cash runway if free cash flow continues to reduce at historical rates of -53.4% each year.
X
Financial health checks
We assess Sphere 3D'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. Sphere 3D has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

ANY Dividends

 What is Sphere 3D'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 Sphere 3D dividends.
If you bought $2,000 of Sphere 3D 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 Sphere 3D's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sphere 3D'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
NasdaqCM:ANY 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 Software Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1956 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:ANY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

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

ANY Management

 What is the CEO of Sphere 3D'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
Peter Tassiopoulos
COMPENSATION $644,769
AGE 50
TENURE AS CEO 1 years
CEO Bio

Mr. Peter Tassiopoulos serves as the Chief Executive Officer of Sphere 3D Corporation from November 14, 2018 and serves as its Chairman. Mr. Tassiopoulos has been the President of Overland Storage Inc. since August 6, 2015. Mr. Tassiopoulos is responsible for the execution of Overland Storage ’s business plan and providing strategic leadership and direction Mr. Tassiopoulos was President of Sphere 3D Corporation since December 1, 2014 and served as its Vice Chairman. He holds a well-established career in business development, sales management and finance. Over the last 20 years Mr. Tassiopoulos has served as the founder or co-founder, director and/or as a senior executive of multiple companies covering a diverse array of industries. Over the last decade, he has assisted a number of Canadian private and public technology companies build out sales and marketing plans, operational plans and access capital markets. He has been Vice Chairman at Overland Storage Inc. since August 6, 2015. He has been a Director of Sphere 3D Corporation since March 7, 2014. He has been a speaker and served on various panels at the United Nations, including Age of Connectivity: Cities, Magnets of Hope…Imagining the Possible, Mobile Health Management and Digital Health. Mr. Tassiopoulos served as the Chief Executive Officer of the Sphere 3D Corp. from March 2013 until December 1, 2014. Mr. Tassiopoulos has extensive experience in information technology business development and global sales as well as a successful track record leading early-stage technology companies. He has been actively involved as a business consultant over the past 10 years, including acting as Chief Operating Officer and then Chief Executive Officer of BioSign Technologies Inc. from September 2009 to April 2011 and Chief Executive Officer of IgeaCare Systems Inc. from February 2003 to December 2008.

CEO Compensation
  • Peter's compensation has increased whilst company is loss making.
  • Peter's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Sphere 3D management team in years:

1
Average Tenure
50
Average Age
  • The average tenure for the Sphere 3D management team is less than 2 years, this suggests a new team.
Management Team

Peter Tassiopoulos

TITLE
Chairman & CEO
COMPENSATION
$645K
AGE
50
TENURE
1 yrs

Joe O'Daniel

TITLE
President
COMPENSATION
$2M
AGE
49
TENURE
1 yrs

Kurt Kalbfleisch

TITLE
CFO. Senior VP & Secretary
COMPENSATION
$823K
AGE
53
TENURE
4.9 yrs
Board of Directors

Peter Tassiopoulos

TITLE
Chairman & CEO
COMPENSATION
$645K
AGE
50

Vic Mahadevan

TITLE
Lead Independent Director
COMPENSATION
$147K
AGE
66

Cheemin Bo-Linn

TITLE
Independent Director
COMPENSATION
$147K
AGE
65
TENURE
2.6 yrs

Duncan McEwan

TITLE
Independent Director
COMPENSATION
$137K
AGE
65
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. May 19 Sell Cyrus Capital Partners, L.P. Company 16. May 19 16. May 19 -125,315 $1.70 $-194,277
20. May 19 Sell Cyrus Capital Partners, L.P. Company 16. May 19 16. May 19 -125,315 $2.08 $-261,031
11. Mar 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 07. Mar 19 07. Mar 19 -24,484 $2.58 $-59,965
11. Mar 19 Sell MF Ventures, LLC Company 07. Mar 19 07. Mar 19 -24,394 $2.45 $-59,748
07. Mar 19 Sell MF Ventures, LLC Company 05. Mar 19 05. Mar 19 -9,852 $2.44 $-23,995
06. Mar 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 05. Mar 19 05. Mar 19 -9,852 $2.52 $-23,995
05. Mar 19 Sell MF Ventures, LLC Company 01. Mar 19 04. Mar 19 -20,000 $2.52 $-49,341
21. Dec 18 Sell MF Ventures, LLC Company 20. Dec 18 20. Dec 18 -5,754 $3.08 $-17,736
X
Management checks
We assess Sphere 3D'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. Sphere 3D 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.

ANY News

Simply Wall St News

Is Sphere 3D Corp (NASDAQ:ANY) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Sphere 3D Corp (NASDAQ:ANY), with a market cap of US$7.90m. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Software industry,

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What Does Sphere 3D Corp's (NASDAQ:ANY) Ownership Structure Look Like?

Today, I will be analyzing Sphere 3D Corp’s (NASDAQ:ANY) recent ownership structure, an important but not-so-popular subject among individual investors. … Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market.

Simply Wall St -

When Will Sphere 3D Corp (NASDAQ:ANY) Run Out Of Cash?

Looking at Sphere 3D’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … NasdaqCM:ANY Income Statement May 17th 18 When will Sphere 3D need to raise more cash? … My cash burn analysis suggests that, if Sphere 3D continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the upcoming months, which may be a surprise to some shareholders.

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How Sphere 3D Corp (NASDAQ:ANY) Can Impact Your Portfolio Volatility

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 3.27, Sphere 3D is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Does Sphere 3D Corp's (NASDAQ:ANY) Earnings Growth Make It An Outperformer?

NasdaqCM:ANY Income Statement Mar 27th 18 We can further assess Sphere 3D's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years Sphere 3D's top-line has risen by 48.47% on average, indicating that the company is in a high-growth phase with expenses racing ahead revenues, leading to annual losses. … This means although Sphere 3D is currently loss-making, it may have gained from industry tailwinds, moving earnings in the right direction.What does this mean?

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How Financially Strong Is Sphere 3D Corp (NASDAQ:ANY)?

NasdaqCM:ANY Historical Debt Mar 12th 18 Is ANY’s debt level acceptable? … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: ANY’s high debt level indicates room for improvement. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

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Who Are The Major Shareholders In Sphere 3D Corp (NASDAQ:ANY)?

Insider Ownership Another important group of shareholders are company insiders. … 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. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: While institutional ownership in ANY is low, active hedge funds still have a significant stake in the company.

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How Long Will Loss-Making Sphere 3D Corp (NASDAQ:ANY) Survive?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … See our latest analysis for Sphere 3D What is cash burn? … How fast Sphere 3D runs down its cash supply over time is known as the cash burn rate.

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When Should You Buy Sphere 3D Corp (NASDAQ:ANY)?

What’s more interesting is that, Sphere 3D’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Sphere 3D, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Sphere 3D Corp's (NASDAQ:ANY) EPS Grew 83.7% In A Year. Was It Better Than Long-Term Trend?

See our latest analysis for Sphere 3D Did ANY's recent EPS Growth beat the long-term trend and the industry? … NasdaqCM:ANY Income Statement Dec 16th 17 We can further assess Sphere 3D's loss by researching what has been happening in the industry along with within the company. … Sphere 3D's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

Simply Wall St -

ANY Company Info

Description

Sphere 3D Corp. provides data management, and desktop and application virtualization solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms. The company offers G-Series Appliance and G-Series Cloud applications; and Glassware Open Virtual Appliance and Open Virtual Format products. It also provides HVE converged and hyper-converged Infrastructure solutions, such as HVE-STACK high density server solution; HVE-VELOCITY high availability dual enclosure storage area network solution; and HVE 3DGFX, a virtualized desktop infrastructure solution. In addition, the company offers SnapServer network attached storage solution, a platform for primary or nearline storage for integration with Windows, UNIX/Linux, and Macintosh environments. Sphere 3D Corp. markets its products under the Glassware 2.0, SnapCLOUD, SnapServer, V3, SnapSync, HVE ConneXions, and UCX ConneXions brand names. The company sells its products through its distributor and reseller network to small and medium businesses, and distributed enterprises. Sphere 3D Corp. is based in Toronto, Canada.

Details
Name: Sphere 3D Corp.
ANY
Exchange: NasdaqCM
Founded:
$3,927,392
3,679,056
Website: http://www.sphere3d.com
Address: Sphere 3D Corp.
895 Don Mills Road,
Suite 900,
Toronto,
Ontario, M3C 1W3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ANY New Common Shares Nasdaq Capital Market US USD 31. Dec 2012
DB 8S3B New Common Shares Deutsche Boerse AG DE EUR 31. Dec 2012
Number of employees
Current staff
Staff numbers
41
Sphere 3D employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 00:38
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2017/03/30
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.