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Company price
None CAD 0.00(0%)
Last update at 2024-04-09T03:55:33.068732Z
Market Cap
14.27M

Momentum Score

…

Farmers Edge Inc. develops digital agriculture solutions in Canada, the United States, Brazil, Australia, and internationally. It operates through two segments, Digital Agronomy Operations and E-commerce Operations. The Digital Agronomy Operations segment offers suite of digital agronomy solutions to growers. Its E-commerce Operations engages in the sale of crop inputs through online marketplace. It offers FarmCommand, a cloud-based analytics software platform, which makes easy to collect, visualize, analyze, and use farm data to support operations and measure the impact of every decision; and Smart Carbon solutions comprising low-carbon grain and verifiable carbon credit. In addition, the company provides laboratory services, such as zone, grid, and composite soil testing; and offers insurance and variable rate technology. Farmers Edge Inc. offers its platform solutions through a network of channel partners, including crop input manufacturers and retailers, seed and crop protection companies, equipment manufacturers, grain companies, insurance companies and agencies, and food manufacturers. The company was founded in 2005 and is headquartered in Winnipeg, Canada.

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52 Week Price Range
0.08
Low
0.34
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.35
Dividend Yield
-
Revenue TTM
26.50M
Revenue Per Share
0.63
Gross Profit TTM
-20.99M
Debt / Equity
2.21
ROE
-1730.73%
Net Debt
24.50M
ROCE
-137.94%
Diluted EPS TTM
-1.79

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -86.88M -66.35M -84.63M -117.96M -106.16M
Net income -87.29M -66.92M -84.43M -117.01M -106.16M
Selling general administrative 24.11M 21.72M 14.57M 13.89M 13.15M
Selling and marketing expenses 18.38M 15.26M 11.65M 16.81M 16.25M
Gross profit -20.99M -4.98M -15.46M -36.73M -39.85M
Reconciled depreciation 16.91M 18.41M 18.20M 15.24M 11.60M
Ebit -86.48M -65.78M -65.10M -88.48M -89.05M
Ebitda -64.18M -43.07M -31.00M -71.39M -77.46M
Depreciation and amortization 22.30M 22.71M 34.10M 17.10M 11.60M
Operating income -86.48M -65.78M -65.10M -88.48M -89.79M
Other operating expenses 114.55M 98.06M 95.40M 113.23M 106.18M
Interest expense 1.71M 7.71M 35.64M 32.28M 17.11M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 1.71M 7.63M 32.82M 20.37M 5.50M
Net interest income -1.71M -7.71M -35.64M -32.30M -17.18M
Income tax expense 0.41M 0.57M -0.20M -0.95M -
Total revenue 32.77M 36.17M 45.88M 23.80M 18.14M
Total operating expenses 60.79M 56.91M 34.06M 52.70M 48.19M
Cost of revenue 53.76M 41.15M 61.34M 60.53M 57.99M
Total other income expense net -0.41M -0.57M -19.53M -29.48M -16.37M
Net income from continuing ops -86.88M -66.35M -84.63M -117.96M -106.16M
Net income applicable to common shares -86.88M -66.35M -84.63M -117.96M -106.16M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 87.02M 135.78M 79.48M 77.49M 64.17M
Intangible assets 15.76M 18.88M 21.02M 19.08M 13.70M
Other current assets 1.49M 2.24M 1.56M 2.55M 1.93M
Total liab 66.53M 31.75M 370.89M 287.87M 167.57M
Total stockholder equity 20.49M 104.03M -291.40M -210.38M -103.40M
Other current liab 12.57M 17.79M 35.34M 30.57M 31.90M
Common stock 614.00M 613.77M 129.70M 124.76M 124.42M
Capital stock 614.00M 613.77M 129.70M 124.76M 124.42M
Retained earnings -601.30M -514.42M -448.07M -363.44M -245.48M
Other liab 0.09M 0.92M - - -
Good will 1.11M 6.33M 1.11M 1.11M 1.11M
Cash 20.79M 54.72M 6.07M 4.78M 8.59M
Total current liabilities 24.33M 26.43M 366.13M 283.96M 163.25M
Current deferred revenue 8.58M 5.80M 7.41M 9.31M 4.17M
Net debt 24.50M -47.48M 322.07M 243.22M 122.91M
Short term debt 3.17M 2.84M 323.38M 244.08M 127.18M
Short long term debt 0.34M - 321.05M 241.55M 124.50M
Short long term debt total 45.29M 7.24M 328.14M 247.99M 131.50M
Other stockholder equity 9.31M 8.18M 28.74M 28.86M 17.50M
Property plant equipment 33.19M 31.61M 31.32M 31.27M 27.33M
Total current assets 36.73M 78.96M 26.18M 26.03M 22.04M
Net tangible assets 3.40M 78.82M -313.38M -230.57M -118.21M
Net receivables 11.68M 19.48M 18.55M 18.70M 9.12M
Long term debt 38.58M 0.93M 0.91M 0.00M 0.00M
Inventory 2.77M 2.52M - - -
Accounts payable 12.42M 17.46M 35.34M 30.57M 31.26M
Accumulated other comprehensive income -1.52M -3.50M -1.77M -0.56M 0.15M
Non currrent assets other 0.22M - -0.15M - -
Non current assets total 50.29M 56.83M 53.30M 51.47M 42.14M
Capital lease obligations 6.37M 6.30M 6.19M 6.44M 7.00M
Long term debt total 42.12M 4.40M 4.76M 3.91M 4.32M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -10.37M -17.78M -18.79M -22.84M -22.79M
Change to liabilities 0.00M -11.87M 2.87M 3.80M 20.12M
Total cashflows from investing activities -10.37M -17.78M -18.79M -22.84M -22.79M
Net borrowings 36.75M -5.98M 46.44M 93.39M 88.96M
Total cash from financing activities 36.00M 128.75M 46.49M 93.61M 88.99M
Change to operating activities 6.02M -0.64M 0.99M -0.62M -0.22M
Net income -86.88M -66.35M -84.63M -117.96M -106.16M
Change in cash -33.93M 48.65M 1.30M -3.81M 7.42M
Begin period cash flow 54.72M 6.07M 4.78M 8.59M 1.17M
End period cash flow 20.79M 54.72M 6.07M 4.78M 8.59M
Total cash from operating activities -59.70M -62.20M -26.23M -74.86M -58.14M
Issuance of capital stock 0.00M 145.46M 0.05M 0.21M 0.03M
Depreciation 16.91M 18.41M 18.20M 15.24M 11.60M
Other cashflows from investing activities 1.42M -5.60M 0.17M 0.21M 0.07M
Change to inventory - -1.71M -1.71M -1.71M -1.71M
Change to account receivables - -0.92M 0.15M -7.18M -2.70M
Sale purchase of stock 0.00M 145.46M 0.05M 0.21M 0.03M
Other cashflows from financing activities 39.25M 0.27M 49.50M 96.50M 95.00M
Change to netincome 4.25M 0.25M 33.39M 19.93M 7.54M
Capital expenditures 11.78M 12.18M 18.96M 23.05M 22.86M
Change in working capital 6.02M -15.15M 4.01M -4.00M 17.20M
Stock based compensation -1.07M 3.63M 0.83M 0.89M 2.20M
Other non cash items 5.33M -2.75M 35.36M 30.96M 17.03M
Free cash flow -71.48M -74.38M -45.19M -97.91M -81.00M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SHOP
Shopify Inc
13.51
6.75%
213.70 138.91 70.92 20.17 12.93 14.73 88.85
CRM
Salesforce CDR (CAD Hedged)
0.44
2.61%
17.28 23.21 13.57 4.11 2.47 3.85 12.75
NOWS
ServiceNow CDR (CAD Hedged)
-0.02
0.14%
13.85 323.25 114.94 38.22 38.75 7.52 33.05
CSU
Constellation Software Inc.
57.38
1.67%
3495.38 78.75 16.39 4.74 11.45 3.77 17.00

Profile*

Farmers Edge Inc

Farmers Edge Inc. develops digital agriculture solutions in Canada, the United States, Brazil, Australia, and internationally. It operates through two segments, Digital Agronomy Operations and E-commerce Operations. The Digital Agronomy Operations segment offers suite of digital agronomy solutions to growers. Its E-commerce Operations engages in the sale of crop inputs through online marketplace. It offers FarmCommand, a cloud-based analytics software platform, which makes easy to collect, visualize, analyze, and use farm data to support operations and measure the impact of every decision; and Smart Carbon solutions comprising low-carbon grain and verifiable carbon credit. In addition, the company provides laboratory services, such as zone, grid, and composite soil testing; and offers insurance and variable rate technology. Farmers Edge Inc. offers its platform solutions through a network of channel partners, including crop input manufacturers and retailers, seed and crop protection companies, equipment manufacturers, grain companies, insurance companies and agencies, and food manufacturers. The company was founded in 2005 and is headquartered in Winnipeg, Canada.

25 Rothwell Road, Winnipeg, MB, Canada, R3P 2M5

866 724 3343

Name Title Year Born
Ms. Cindy Yuan Chief Financial Officer NA
Mr. Vibhore Arora CEO & Director NA
Mr. Trevor Armitage Chief Operating Officer NA
Ms. Marina Barnes Ph.D. Chief Marketing Officer NA
Mr. Boyd Alan Koldingnes Exec. VP of Global Sales NA
Mr. Robert Meijer Exec. VP of Corp. Devel. NA
Ms. Colleen Coates VP of People & Culture NA
Mr. Matt Hesse Exec. VP of Global Operations NA
Laura Workman Corp. Sec. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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