Sphere 3D Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.08
Dividend & YieldN/A$ (N/A)
Beta 2.42
Market capitalization 22.7M
Operating cash flow -51.56M
ESG Scores unknown

Company description

Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. In addition, it offers self-service and support services. Sphere 3D Corp. is based in Toronto, Canada.

Sector: Technology - Industry: Software—Application

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.86M 215k 2.99M 3.37M
Total Cashflows From Investing Activities 944k -2M -2M -122.69M
Net Borrowings 408k 914k 1.54M -1.06M
Total Cash From Financing Activities 2.44M 1.62M 4.9M 205.1M
Change To Operating Activities -2.79M 926k -1.02M -19.25M
Issuance Of Stock 2.46M 707k 619k 196.81M
Net Income -26.21M -4.28M -5.78M -17.29M
Change In Cash -4.26M -192k 312k 53.89M
Effect Of Exchange Rate -24k -2k -2k
Total Cash From Operating Activities -7.62M -1.81M -2.58M -28.52M
Depreciation 1.72M 1.03M 971k 5.68M
Change To Account Receivables 2.87M 773k 71k 75k
Other Cashflows From Financing Activities -421k
Change To Netincome 8.76M -953k -530k -1.65M
Capital Expenditures -56k -102.24M -102.24M -102.24M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 3.42M 2.05M 1.2M 971k
Income Before Tax -12.69M -4.28M -5.78M -17.3M
Net Income -26.21M -4.28M -5.78M -17.29M
Selling General Administrative 10.87M 5.76M 6.73M 19.62M
Gross Profit 1.68M 1.85M 2.25M 1.7M
Ebit -12.62M -5.95M -5.68M -18.9M
Operating Income -12.62M -5.95M -5.68M -18.9M
Interest Expense -76k -353k -728k -516k
Income Tax Expense 4k -15k
Total Revenue 9.03M 5.58M 4.85M 3.72M
Cost Of Revenue 7.35M 3.73M 2.6M 2.02M
Total Other Income ExpenseNet -66k 1.67M -96k 1.59M
Net Income From Continuing Ops -12.69M -4.28M -5.78M -17.29M
Net Income Applicable To Common Shares -26.21M -4.28M -5.78M -17.82M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 16.89M 7.17M 6.82M 6.3M
Total Stockholder Equity -5.61M -7.2M -6.76M 227.28M
Other Current Liabilities 2.01M 1.23M 747k 507k
Total Assets 11.29M 8.41M 11.83M 275.92M
Common Stock 183.52M 186.16M 192.41M 444.26M
Other Current Assets 440k 463k 228k 101k
Retained Earnings -187.31M -191.6M -197.38M -215.19M
Treasury Stock -1.82M -1.77M -1.79M -1.79M
Cash 341k 149k 461k 54.35M
Total Current Liabilities 9.64M 6.65M 5.8M 5.21M
Other Stockholder Equity -1.82M -1.77M -1.79M -1.79M
Property, Plant, and Equipment 6k 2k
Total Current Assets 3.5M 1.94M 2.09M 78.42M
Net Tangible Assets -10.34M -10.89M -10.75M 164.26M
Net Receivables 1.14M 369k 264k 2.04M
Accounts Payable 4.6M 4.11M 1.98M 1.25M


Insider Transactions

Here are the insider transactions of stock shares related to Sphere 3D Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kalbfleisch (Kurt L)D2022-08-19Senior Officer of Issuer15k
Kalbfleisch (Kurt L)D2022-08-19Senior Officer of Issuer15k
Kalbfleisch (Kurt L)I2022-08-19Senior Officer of Issuer15k
Kalbfleisch (Kurt L)I2022-08-19Senior Officer of Issuer15k
Kalbfleisch (Kurt L)D2022-08-18Senior Officer of Issuer65k
Trompeter (Patricia)D2022-04-15Director of Issuer255k
Kalbfleisch (Kurt L)Other at price 1.70 per share.D2022-04-15Senior Officer of Issuer182.81k
Trompeter (Patricia)Other at price 1.80 per share.D2022-04-15Director of Issuer84.13k
Kalbfleisch (Kurt L)D2022-04-15Senior Officer of Issuer500k
Mahadevan (Vivekanand)D2021-12-31Director of Issuer25k
McEwan (Duncan John)D2021-12-31Director of Issuer25k
Trompeter (Patricia)D2021-12-31Director of Issuer21.05k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Sphere 3D Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Sphere 3D Corp

Here is the result of two systematic investment strategies applied to Sphere 3D Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Sphere 3D Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Sphere 3D Corp:

Sphere 3D Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 342.98% on the backtest period.

Performance at glance

Performance

342.98 %

Latent gain

6001.97 $

Invested capital

1749.93 $

Annualized return

83.65 %
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Momentum strategy results on Sphere 3D Corp

This is the result of two momentum investment strategies applied to Sphere 3D Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Sphere 3D Corp

The following chart shows all the entries opened by the momentum investment system on Sphere 3D Corp:

Sphere 3D Corp momentum entries
  • The first momentum investment strategy would give 281.08% of return on Sphere 3D Corp. That represents 13333.03$ of latent gain with 4743.57$ of employed capital.
  • The second momentum investment strategy would give 359.64% of return on Sphere 3D Corp. That represents 11690.43$ of latent gain with 3250.57$ of employed capital.
Performance at glance (1Q Momentum)

Performance

281.08 %

Latent gain

13333.03 $

Invested capital

4743.57 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

359.64 %

Latent gain

11690.43 $

Invested capital

3250.57 $

Annualized return

99.35 %

Momentum equity curve on Sphere 3D Corp

The following chart shows the equity curve of the two momentum strategies applied to Sphere 3D Corp:

Sphere 3D Corp momentum equity

Note: the dividends potentially given by Sphere 3D Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sphere 3D Corp

The following chart shows the employed capital evolution of the two momentum strategies on Sphere 3D Corp since the beginning:

Sphere 3D Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Sphere 3D Corp

Buy the dip entry openings on Sphere 3D Corp

Sphere 3D Corp

The performance achieved by the robo-advisor on Sphere 3D Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Sphere 3D Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Sphere 3D Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Sphere 3D Corp

The following chart shows the result of the investment strategy applied to Sphere 3D Corp:

Sphere 3D Corp

Note: the dividends potentially given by Sphere 3D Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sphere 3D Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Sphere 3D Corp:

Sphere 3D Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Sphere 3D Corp

In this section, I will compare the three previous investment strategies applied to Sphere 3D Corp.

Equity curve comparison on Sphere 3D Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Sphere 3D Corp investment strategy comparison

Employed capital comparison on Sphere 3D Corp

Sphere 3D Corp investment comparison

Performance comparison on Sphere 3D Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 342.98% 6001.97$ 1749.93$ 83.65%
Momentum 1 quarter 281.08% 13333.03$ 4743.57$ 72.82%
Momentum 2 quarters 359.64% 11690.43$ 3250.57$ 99.35%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

83.65 %

Momentum 1Q

99.35 %

Momentum 2Q

99.35 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Sphere 3D Corp:

Positive correlations

Most correlated stocks this year

  • Sphere 3D Corp

  • Most correlated stocks last 3 months

  • Sphere 3D Corp

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • LEFTFIELD PRINT

  • Note: The algorithm computes the probability of correlation between Sphere 3D Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Sphere 3D Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Sphere 3D Corp
    Country Canada
    City Toronto
    Address Building 2
    Phone
    Website www.sphere3d.com
    FullTime employees 25
    Industry Software—Application
    Sector Technology
    Exchange XNAS
    Ticker ANY
    Market www.nasdaq.com

    Sphere 3D Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown