Absolute Software Corporation Logo

Absolute Software Corporation

ABST

(2.8)
Stock Price

11,49 USD

-5.99% ROA

106.56% ROE

-55.3x PER

Market Cap.

610.809.526,00 USD

-2265.36% DER

0% Yield

-9.46% NPM

Absolute Software Corporation Stock Analysis

Absolute Software Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Absolute Software Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (474.79%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

With a remarkably low PBV ratio (-51.24x), the stock offers substantial upside potential at a bargain price.

3 DER

The stock has a minimal amount of debt (-2265%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

6 Buffet Intrinsic Value

The company's stock seems undervalued (96) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 ROA

The stock's ROA (-14.09%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Absolute Software Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Absolute Software Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Absolute Software Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Absolute Software Corporation Revenue
Year Revenue Growth
1998 766.153
1999 1.390.392 44.9%
2000 2.452.927 43.32%
2001 3.240.281 24.3%
2002 4.834.497 32.98%
2003 5.712.684 15.37%
2004 6.993.836 18.32%
2005 10.492.945 33.35%
2006 18.915.968 44.53%
2007 37.191.397 49.14%
2008 45.840.814 18.87%
2009 60.787.201 24.59%
2010 74.545.422 18.46%
2011 74.564.704 0.03%
2012 83.178.357 10.36%
2013 90.979.104 8.57%
2014 93.649.910 2.85%
2015 88.798.508 -5.46%
2016 91.210.550 2.64%
2017 93.621.832 2.58%
2018 98.909.025 5.35%
2019 104.670.769 5.5%
2020 120.784.000 13.34%
2021 197.311.000 38.78%
2022 235.084.000 16.07%
2023 235.084.000 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Absolute Software Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1998 808.555
1999 730.219 -10.73%
2000 1.318.700 44.63%
2001 1.429.275 7.74%
2002 1.982.474 27.9%
2003 1.716.204 -15.52%
2004 1.356.776 -26.49%
2005 1.822.754 25.56%
2006 3.047.283 40.18%
2007 4.698.406 35.14%
2008 6.253.329 24.87%
2009 7.620.247 17.94%
2010 12.019.385 36.6%
2011 11.743.694 -2.35%
2012 11.428.539 -2.76%
2013 11.024.591 -3.66%
2014 11.492.977 4.08%
2015 12.396.394 7.29%
2016 17.524.536 29.26%
2017 20.054.992 12.62%
2018 19.223.332 -4.33%
2019 18.297.632 -5.06%
2020 23.264.000 21.35%
2021 44.775.000 48.04%
2022 51.796.000 13.56%
2023 51.796.000 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Absolute Software Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 21.313.993 100%
2009 9.290.383 -129.42%
2010 11.114.722 16.41%
2011 9.682.585 -14.79%
2012 10.949.216 11.57%
2013 13.179.586 16.92%
2014 13.637.455 3.36%
2015 14.973.218 8.92%
2016 16.822.416 10.99%
2017 15.414.104 -9.14%
2018 18.426.621 16.35%
2019 20.478.654 10.02%
2020 30.438.000 32.72%
2021 43.742.000 30.41%
2022 43.268.000 -1.1%
2023 43.268.000 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Absolute Software Corporation EBITDA
Year EBITDA Growth
1998 -3.944.262
1999 -4.515.873 12.66%
2000 -3.946.031 -14.44%
2001 -3.829.240 -3.05%
2002 -3.481.937 -9.97%
2003 -2.185.792 -59.3%
2004 -1.644.928 -32.88%
2005 -3.858.288 57.37%
2006 -5.225.741 26.17%
2007 -5.659.575 7.67%
2008 -10.219.960 44.62%
2009 -289.508 -3430.13%
2010 8.582.478 103.37%
2011 16.087.523 46.65%
2012 15.494.784 -3.83%
2013 19.212.210 19.35%
2014 21.211.929 9.43%
2015 160.750 -13095.6%
2016 10.344.436 98.45%
2017 15.439.858 33%
2018 14.346.711 -7.62%
2019 20.976.770 31.61%
2020 11.335.000 -85.06%
2021 18.016.000 37.08%
2022 32.260.000 44.15%
2023 32.260.000 0%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Absolute Software Corporation Gross Profit
Year Gross Profit Growth
1998 647.130
1999 1.085.568 40.39%
2000 1.698.939 36.1%
2001 1.950.229 12.89%
2002 3.357.867 41.92%
2003 4.005.994 16.18%
2004 5.057.550 20.79%
2005 6.853.283 26.2%
2006 12.397.561 44.72%
2007 25.932.261 52.19%
2008 35.734.316 27.43%
2009 45.883.790 22.12%
2010 55.039.915 16.64%
2011 54.863.319 -0.32%
2012 63.451.942 13.54%
2013 71.325.378 11.04%
2014 75.904.600 6.03%
2015 74.970.723 -1.25%
2016 76.759.692 2.33%
2017 79.259.944 3.15%
2018 85.930.852 7.76%
2019 92.043.657 6.64%
2020 104.915.000 12.27%
2021 160.536.000 34.65%
2022 194.608.000 17.51%
2023 194.608.000 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Absolute Software Corporation Net Profit
Year Net Profit Growth
1998 -3.951.546
1999 -4.497.035 12.13%
2000 -3.386.800 -32.78%
2001 -3.698.287 8.42%
2002 -2.968.793 -24.57%
2003 -974.624 -204.61%
2004 -2.051.780 52.5%
2005 -3.536.585 41.98%
2006 -5.519.599 35.93%
2007 -8.244.760 33.05%
2008 -1.945.558 -323.77%
2009 -7.735.396 74.85%
2010 -1.184.734 -552.92%
2011 -1.415.886 16.33%
2012 1.738.452 181.45%
2013 3.571.852 51.33%
2014 4.615.295 22.61%
2015 9.728.682 52.56%
2016 -4.951.177 296.49%
2017 3.110.853 259.16%
2018 7.579.150 58.96%
2019 10.634.709 28.73%
2020 3.732.000 -184.96%
2021 -24.485.000 115.24%
2022 -15.884.000 -54.15%
2023 -15.884.000 0%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Absolute Software Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Absolute Software Corporation Free Cashflow
Year Free Cashflow Growth
1998 -3.929.625
1999 -2.047.627 -91.91%
2000 -2.251.403 9.05%
2001 -2.905.123 22.5%
2002 -1.269.982 -128.75%
2003 -2.416.883 47.45%
2004 874.342 376.42%
2005 3.544.817 75.33%
2006 14.875.272 76.17%
2007 27.945.079 46.77%
2008 13.360.340 -109.16%
2009 -2.142.019 723.73%
2010 11.638.079 118.41%
2011 17.616.385 33.94%
2012 7.875.198 -123.69%
2013 13.253.138 40.58%
2014 19.723.650 32.81%
2015 1.278.061 -1443.25%
2016 -3.417.846 137.39%
2017 9.640.574 135.45%
2018 7.181.371 -34.24%
2019 21.100.863 65.97%
2020 44.002.000 52.05%
2021 37.963.000 -15.91%
2022 13.998.000 -171.2%
2023 13.998.000 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Absolute Software Corporation Operating Cashflow
Year Operating Cashflow Growth
1998 -3.389.547
1999 -1.979.654 -71.22%
2000 -2.025.803 2.28%
2001 -2.513.208 19.39%
2002 -953.277 -163.64%
2003 -2.227.848 57.21%
2004 1.091.126 304.18%
2005 3.770.726 71.06%
2006 15.879.845 76.25%
2007 29.498.018 46.17%
2008 15.007.194 -96.56%
2009 6.095.420 -146.2%
2010 12.922.994 52.83%
2011 18.895.494 31.61%
2012 17.523.520 -7.83%
2013 15.470.596 -13.27%
2014 23.020.474 32.8%
2015 4.873.558 -372.35%
2016 1.029.575 -373.36%
2017 12.549.655 91.8%
2018 10.259.667 -22.32%
2019 24.956.656 58.89%
2020 46.836.000 46.71%
2021 39.792.000 -17.7%
2022 14.327.000 -177.74%
2023 14.327.000 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Absolute Software Corporation Capital Expenditure
Year Capital Expenditure Growth
1998 540.079
1999 67.973 -694.56%
2000 225.600 69.87%
2001 391.915 42.44%
2002 316.706 -23.75%
2003 189.035 -67.54%
2004 216.783 12.8%
2005 225.908 4.04%
2006 1.004.572 77.51%
2007 1.552.939 35.31%
2008 1.646.854 5.7%
2009 8.237.439 80.01%
2010 1.284.914 -541.09%
2011 1.279.109 -0.45%
2012 9.648.322 86.74%
2013 2.217.458 -335.11%
2014 3.296.824 32.74%
2015 3.595.497 8.31%
2016 4.447.421 19.16%
2017 2.909.081 -52.88%
2018 3.078.296 5.5%
2019 3.855.793 20.16%
2020 2.834.000 -36.05%
2021 1.829.000 -54.95%
2022 329.000 -455.93%
2023 329.000 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Absolute Software Corporation Equity
Year Equity Growth
1998 -3.443.506
1999 12.358.430 127.86%
2000 8.728.496 -41.59%
2001 4.825.560 -80.88%
2002 1.296.555 -272.18%
2003 240.886 -438.24%
2004 2.529.105 90.48%
2005 984.964 -156.77%
2006 -1.363.774 172.22%
2007 -2.848.232 52.12%
2008 1.601.690 277.83%
2009 -2.496.531 164.16%
2010 -13.655.231 81.72%
2011 -4.764.608 -186.6%
2012 -13.601.886 64.97%
2013 -9.976.131 -36.34%
2014 -13.136.492 24.06%
2015 -43.710.312 69.95%
2016 -53.724.161 18.64%
2017 -56.509.366 4.93%
2018 -50.615.668 -11.64%
2019 -43.061.529 -17.54%
2020 26.442.000 262.85%
2021 3.199.000 -726.57%
2022 -11.839.000 127.02%
2023 -11.839.000 0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Absolute Software Corporation Assets
Year Assets Growth
1998 4.348.812
1999 15.697.169 72.3%
2000 13.332.173 -17.74%
2001 10.215.101 -30.51%
2002 9.042.518 -12.97%
2003 9.734.714 7.11%
2004 18.212.741 46.55%
2005 29.654.620 38.58%
2006 59.153.567 49.87%
2007 101.231.165 41.57%
2008 101.054.072 -0.18%
2009 117.913.271 14.3%
2010 120.458.690 2.11%
2011 129.711.960 7.13%
2012 126.398.352 -2.62%
2013 137.802.109 8.28%
2014 149.890.617 8.06%
2015 114.657.699 -30.73%
2016 98.327.596 -16.61%
2017 97.030.943 -1.34%
2018 103.310.832 6.08%
2019 130.189.020 20.65%
2020 232.628.000 44.04%
2021 555.618.000 58.13%
2022 528.072.000 -5.22%
2023 528.072.000 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Absolute Software Corporation Liabilities
Year Liabilities Growth
1998 7.792.318
1999 3.338.738 -133.39%
2000 4.603.677 27.48%
2001 5.389.541 14.58%
2002 7.745.963 30.42%
2003 9.493.828 18.41%
2004 15.683.636 39.47%
2005 28.669.655 45.3%
2006 60.517.341 52.63%
2007 104.079.397 41.85%
2008 99.452.381 -4.65%
2009 120.409.801 17.41%
2010 134.113.921 10.22%
2011 134.476.568 0.27%
2012 140.000.238 3.95%
2013 147.778.240 5.26%
2014 163.027.109 9.35%
2015 158.368.011 -2.94%
2016 152.051.757 -4.15%
2017 153.540.309 0.97%
2018 153.926.500 0.25%
2019 173.250.549 11.15%
2020 206.186.000 15.97%
2021 552.419.000 62.68%
2022 539.911.000 -2.32%
2023 539.911.000 0%

Absolute Software Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.2
Net Income per Share
-0.21
Price to Earning Ratio
-55.3x
Price To Sales Ratio
5.27x
POCF Ratio
39.83
PFCF Ratio
41.39
Price to Book Ratio
-51.24
EV to Sales
7.15
EV Over EBITDA
60.58
EV to Operating CashFlow
54.44
EV to FreeCashFlow
56.19
Earnings Yield
-0.02
FreeCashFlow Yield
0.02
Market Cap
0,61 Bil.
Enterprise Value
0,83 Bil.
Graham Number
1.02
Graham NetNet
-8.49

Income Statement Metrics

Net Income per Share
-0.21
Income Quality
-1.39
ROE
1.07
Return On Assets
-0.02
Return On Capital Employed
0
Net Income per EBT
0.82
EBT Per Ebit
-10.68
Ebit per Revenue
0.01
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.19
Research & Developement to Revenue
0.23
Stock Based Compensation to Revenue
0.08
Gross Profit Margin
0.82
Operating Profit Margin
0.01
Pretax Profit Margin
-0.12
Net Profit Margin
-0.09

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0.57
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.29
Free CashFlow per Share
0.28
Capex to Operating CashFlow
-0.03
Capex to Revenue
-0
Capex to Depreciation
-0.04
Return on Invested Capital
0
Return on Tangible Assets
-0.06
Days Sales Outstanding
174.32
Days Payables Outstanding
140.14
Days of Inventory on Hand
0
Receivables Turnover
2.09
Payables Turnover
2.6
Inventory Turnover
0
Capex per Share
-0.01

Balance Sheet

Cash per Share
0,95
Book Value per Share
-0,22
Tangible Book Value per Share
-6.76
Shareholders Equity per Share
-0.22
Interest Debt per Share
5.36
Debt to Equity
-22.65
Debt to Assets
0.51
Net Debt to EBITDA
15.95
Current Ratio
0.65
Tangible Asset Value
-0,36 Bil.
Net Current Asset Value
-0,43 Bil.
Invested Capital
-22.65
Working Capital
-0,06 Bil.
Intangibles to Total Assets
0.65
Average Receivables
0,06 Bil.
Average Payables
0,01 Bil.
Average Inventory
0
Debt to Market Cap
0.44

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Absolute Software Corporation Dividends
Year Dividends Growth
2013 0
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Absolute Software Corporation Profile

About Absolute Software Corporation

Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada.

CEO
Ms. Christy Wyatt
Employee
530
Address
Four Bentall Centre
Vancouver, V7X 1K8

Absolute Software Corporation Executives & BODs

Absolute Software Corporation Executives & BODs
# Name Age
1 Mr. Mark Grace
Chief Revenue Officer
70
2 Joo-Hun Kim
Investor Relations, MKR Group
70
3 Ms. Karen Reynolds
Chief Communications Officer
70
4 Mr. Matt Meanchoff
Chief Customer Officer
70
5 Mr. Robert Booker
Executive Vice President of HR
70
6 Ms. Christy Wyatt
Chief Executive Officer, Pres & Director
70
7 Mr. Peter Chess
Gen. Counsel & Corporation Sec.
70
8 Mr. James M. Lejeal
Chief Financial Officer
70
9 Ms. Alice Quinn Hansen
Chief Marketing Officer
70
10 Dr. Nicholas Benedict Van Someren
Chief Technology Officer
70

Absolute Software Corporation Competitors

Model N, Inc. Logo
Model N, Inc.

MODN

(0.5)
Enfusion, Inc. Logo
Enfusion, Inc.

ENFN

(1.8)
ON24, Inc. Logo
ON24, Inc.

ONTF

(1.2)
Paycor HCM, Inc. Logo
Paycor HCM, Inc.

PYCR

(1.5)
AppFolio, Inc. Logo
AppFolio, Inc.

APPF

(1.2)
Agilysys, Inc. Logo
Agilysys, Inc.

AGYS

(2.5)
Adeia Inc. Logo
Adeia Inc.

ADEA

(1.0)
nCino, Inc. Logo
nCino, Inc.

NCNO

(0.5)
MeridianLink, Inc. Logo
MeridianLink, Inc.

MLNK

(1.2)
Envestnet, Inc. Logo
Envestnet, Inc.

ENV

(1.0)