Digital Ally Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.79
Dividend & YieldN/A$ (N/A)
Beta 0.61
Market capitalization 17.56M
Operating cash flow -23.39M
ESG Scores unknown

Company description

Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording. It also provides VuVault and EVO Web, a cloud-based evidence management system; FleetVU Manager, a web-based software for commercial fleet tracking and monitoring; ThermoVu, a non-contact temperature-screening instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters; and Shield disinfectants and cleansers, as well as other personal protective equipment and supplies, such as masks, gloves, sanitizer wipes, and electrostatic sprayer to health care workers and other consumers. In addition, the company offers working capital and back-office services, including insurance and benefit verification, medical treatment documentation and coding, and collections to healthcare organizations; and operates TicketSmarter.com, an online ticketing marketplace for ticket sales, partnerships, and ticket resale services for live events, including concerts, sporting events, theatres, and performing arts. Digital Ally, Inc. was founded in 2004 and is headquartered in Lenexa, Kansas.

Sector: Industrials - Industry: Security & Protection Services

Financial Ratios
Quick Ratio2.02
Working Capital0.77
Return On Equity0.46
Debt To Equity0.01
Fixed Asset Ratio0.12
Fixed Interest Cover-516.12

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.17M 1.33M -1.21M -1.05M
Total Cashflows From Investing Activities -70.95k -266.14k -1.5M -19.12M
Net Borrowings -4.47M 2.68M 2.02M
Total Cash From Financing Activities 12.13M -1.85M 18.78M 64.6M
Change To Operating Activities 527.83k -1.51M -2.53M -5.12M
Issuance Of Stock 16.48M 1.56M 18.04M 66.57M
Net Income -15.54M -10.01M -2.63M 25.47M
Change In Cash 3.04M -3.24M 4M 27.65M
Effect Of Exchange Rate
Total Cash From Operating Activities -9.01M -1.12M -13.27M -17.83M
Depreciation 500.18k 390.15k 250.16k 822.49k
Change To Account Receivables 131.05k 716.87k -634.44k -29.84k
Other Cashflows From Financing Activities 112.17k -6.09M -1.28M
Change To Netincome 6.35M 7.05M -3.46M -36.48M
Capital Expenditures -42.53k -204.01k -621.86k -6.43M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 1.44M 2.01M 1.84M 1.93M
Income Before Tax -15.54M -10.01M -2.63M 25.53M
Net Income -15.54M -10.01M -2.63M 25.47M
Selling General Administrative 13.07M 13.26M 9.88M 18.49M
Gross Profit 3.96M 3.23M 4.06M 5.66M
Ebit -10.56M -12.03M -7.66M -14.76M
Operating Income -10.56M -12.03M -7.66M -14.76M
Interest Expense -1.72M -132.52k -377.29k -28.6k
Income Tax Expense
Total Revenue 11.29M 10.44M 10.51M 21.41M
Cost Of Revenue 7.33M 7.21M 6.45M 15.75M
Total Other Income ExpenseNet -4.99M 2.03M 5.04M 40.29M
Net Income From Continuing Ops -15.54M -10.01M -2.63M 25.53M
Net Income Applicable To Common Shares -15.54M -10.01M -2.63M 25.47M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 15.75M 15.23M 6.44M 27.13M
Total Stockholder Equity -1.41M -6.32M 14.36M 55.81M
Other Current Liabilities 3.08M 2.04M 1.96M 16.82M
Total Assets 14.34M 8.92M 20.8M 82.99M
Common Stock 10.45k 12.08k 26.84k 50.9k
Other Current Assets
Retained Earnings -77.38M -87.39M -90.01M -68.67M
Treasury Stock -2.16M -2.16M -2.16M
Cash 3.6M 359.69k 4.36M 32.01M
Total Current Liabilities 4.62M 6.89M 3.72M 23.02M
Other Stockholder Equity
Property, Plant, and Equipment 247.54k 319.52k 1.42M 7.83M
Total Current Assets 13.3M 7.65M 17.83M 56.14M
Net Tangible Assets -1.9M -6.73M 13.96M 38.9M
Net Receivables 2.27M 1.63M 3.24M 4.75M
Accounts Payable 784.6k 2.34M 1.14M 4.57M


Insider Transactions

Here are the insider transactions of stock shares related to Digital Ally Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
ROSS STANTON ED2022-01-05Chief Executive Officer350k
HECKMAN THOMAS JD2022-01-05Chief Financial Officer75k
HAN PENGD2022-01-05Chief Operating Officer100k
ROSS STANTON ED2021-12-31Chief Executive Officer15.39k
HECKMAN THOMAS JD2021-12-31Chief Financial Officer7.2k
ROSS STANTON ESale at price 1.12 per share.D2021-11-30Chief Executive Officer40k
ROSS STANTON EPurchase at price 1.12 per share.D2021-11-30Chief Executive Officer40k
ROSS STANTON EStock Award(Grant) at price 2.76 per share.D2021-01-07Officer and Director300k
HECKMAN THOMAS JStock Award(Grant) at price 2.76 per share.D2021-01-07Chief Financial Officer150k
HUTCHINS DANIEL FSale at price 3.00 per share.D2021-01-06Director2.94k
HUTCHINS DANIEL FSale at price 2.57 per share.D2020-12-10Director1.25k
ROSS STANTON ESale at price 2.36 - 2.41 per share.D2020-12-08Chief Executive Officer195k
ROSS STANTON ED2020-06-09Chief Executive Officer87.65k
HECKMAN THOMAS JSale at price 7.00 - 7.10 per share.D2020-06-09Chief Financial Officer110k
ROSS STANTON EStock Award(Grant) at price 0.92 per share.D2020-04-17Chief Executive Officer75.25k
HECKMAN THOMAS JStock Award(Grant) at price 0.92 per share.D2020-04-17Chief Financial Officer60.2k
ROSS STANTON EStock Award(Grant) at price 2.76 per share.D2020-01-07Chief Executive Officer300k
ROSS STANTON EStock Award(Grant) at price 1.08 per share.D2020-01-03Chief Executive Officer250k
HECKMAN THOMAS JStock Award(Grant) at price 1.08 per share.D2020-01-03Chief Financial Officer150k
ROSS STANTON ED2019-12-31Chief Executive Officer1.39k
HECKMAN THOMAS JD2019-12-31Chief Financial Officer2.03k
HECKMAN THOMAS JD2019-12-31Chief Financial Officer8.86k
ROSS STANTON ED2019-01-03Chief Executive Officer250k
HECKMAN THOMAS JD2019-01-03Chief Financial Officer150k
ROSS STANTON ED2018-12-31Chief Executive Officer5.4k
HECKMAN THOMAS JD2018-12-31Chief Financial Officer3.69k
ROSS STANTON ED2018-07-05Chief Executive Officer200k
HECKMAN THOMAS JD2018-07-05Chief Financial Officer100k
ROSS STANTON ED2018-04-16Chief Executive Officer50k
HECKMAN THOMAS JD2018-04-16Chief Financial Officer50k
ROSS STANTON ED2017-08-15Chief Executive Officer150k
HECKMAN THOMAS JD2017-08-15Chief Financial Officer100k
CAULFIELD MICHAEL JSale at price 5.10 per share.D2017-02-06Director312
ROSS STANTON ED2017-01-23Chief Executive Officer125k
HECKMAN THOMAS JD2017-01-23Chief Financial Officer75k
RICHIE LEROY CSale at price 4.85 - 4.86 per share.D2016-12-02Director10k
KAPLAN ELLIOT MSale at price 6.29 - 6.38 per share.D2016-08-24Director5k
ROSS STANTON ED2016-05-12Chief Executive Officer65k
HECKMAN THOMAS JD2016-05-12Chief Financial Officer65k
ROSS STANTON ED2016-01-04Chief Executive Officer35k
HECKMAN THOMAS JD2016-01-04Chief Financial Officer35k
ROSS STANTON ED2015-10-30Chief Executive Officer50k
RICHIE LEROY CD2015-10-30Director10k
KAPLAN ELLIOT MD2015-10-30Director10k
HECKMAN THOMAS JD2015-10-30Chief Financial Officer50k
HUTCHINS DANIEL FD2015-10-30Director10k
ROSS STANTON ED2015-06-09Chief Executive Officer20k
RICHIE LEROY CD2015-06-09Director4k
KAPLAN ELLIOT MD2015-06-09Director4k
HECKMAN THOMAS JD2015-06-09Chief Financial Officer20k
HUTCHINS DANIEL FD2015-06-09Director4k

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 Digital Ally Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Digital Ally Inc

Here is the result of two systematic investment strategies applied to Digital Ally Inc. 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 Digital Ally Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Digital Ally Inc:

Digital Ally Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -28.29% on the backtest period.

Performance at glance

Performance

-28.29 %

Latent gain

-494.24 $

Invested capital

1747.18 $

Annualized return

-6.9 %
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Momentum strategy results on Digital Ally Inc

This is the result of two momentum investment strategies applied to Digital Ally Inc. 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 Digital Ally Inc

The following chart shows all the entries opened by the momentum investment system on Digital Ally Inc:

Digital Ally Inc momentum entries
  • The first momentum investment strategy would give -30.64% of return on Digital Ally Inc. That represents -2146.55$ of latent gain with 7004.59$ of employed capital.
  • The second momentum investment strategy would give -25.96% of return on Digital Ally Inc. That represents -779.69$ of latent gain with 3003.75$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-30.64 %

Latent gain

-2146.55 $

Invested capital

7004.59 $

Annualized return

-14.23 %
Performance at glance (2Q Momentum)

Performance

-25.96 %

Latent gain

-779.69 $

Invested capital

3003.75 $

Annualized return

-7.17 %

Momentum equity curve on Digital Ally Inc

The following chart shows the equity curve of the two momentum strategies applied to Digital Ally Inc:

Digital Ally Inc momentum equity

Note: the dividends potentially given by Digital Ally Inc 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 Digital Ally Inc

The following chart shows the employed capital evolution of the two momentum strategies on Digital Ally Inc since the beginning:

Digital Ally Inc

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 Digital Ally Inc

Buy the dip entry openings on Digital Ally Inc

Digital Ally Inc

The performance achieved by the robo-advisor on Digital Ally Inc is -29.89%. That represents -74.88$ of latent gain with 250.56$ of employed capital. The following chart shows Digital Ally Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Digital Ally Inc, 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

-29.89 %

Latent gain

-74.88 $

Invested capital

250.56 $

Annualized return

-14.23 %

Equity curve of the strategy applied to Digital Ally Inc

The following chart shows the result of the investment strategy applied to Digital Ally Inc:

Digital Ally Inc

Note: the dividends potentially given by Digital Ally Inc 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 Digital Ally Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Digital Ally Inc:

Digital Ally Inc

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 Digital Ally Inc

In this section, I will compare the three previous investment strategies applied to Digital Ally Inc.

Equity curve comparison on Digital Ally Inc

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

Digital Ally Inc investment strategy comparison

Employed capital comparison on Digital Ally Inc

Digital Ally Inc investment comparison

Performance comparison on Digital Ally Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -28.29% -494.24$ 1747.18$ -6.9%
Momentum 1 quarter -30.64% -2146.55$ 7004.59$ -7.94%
Momentum 2 quarters -25.96% -779.69$ 3003.75$ -7.17%
Non-directional -29.89% -74.88$ 250.56$ -14.23%
Annualized return comparison

Automatic investment

-6.9 %

Momentum 1Q

-7.17 %

Momentum 2Q

-7.17 %

Non-directional

-14.23 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Digital Ally Inc:

Positive correlations

Most correlated stocks this year

  • Digital Ally Inc (New)

  • Most correlated stocks last 3 months

  • Digital Ally Inc (New)
  • TAIGA BUILDING PRODUCTS LTD.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • YINCHENG INTL

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


    Company information

    Company name Digital Ally Inc
    Country United States
    City Lenexa
    Address 14001 Marshall Drive
    Phone 913 814 7774
    Website www.digitalallyinc.com
    FullTime employees 146
    Industry Security & Protection Services
    Sector Industrials
    Exchange XNAS
    Ticker DGLY
    Market www.nasdaq.com

    Digital Ally Inc 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