JanOne Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 12.73
Dividend & YieldN/A$ (N/A)
Beta 1.86
Market capitalization 5.83M
Operating cash flow -4.2M
ESG Scores unknown

Company description

JanOne Inc., a clinical-stage biopharmaceutical company, focuses on identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the unmet medical need for the treatment of pain and addiction. It operates through three segments: Biotechnology, Recycling, and Technology. The company's lead product candidate is JAN101, a patented oral and sustained release pharmaceutical composition of sodium nitrite that targets poor blood flow to the extremities in patients with diabetes or peripheral artery disease to treat pain. It also provides turnkey appliance recycling and replacement services for utilities and other sponsors of energy efficiency programs; and designs, develops, and sells cellular transceiver modules and associated wireless services. The company was formerly known as Appliance Recycling Centers of America, Inc. and changed its name to JanOne Inc. in September 2019. JanOne Inc. was founded in 1976 and is headquartered in Las Vegas, Nevada.

Sector: Industrials - Industry: Waste Management

Financial Ratios
Quick Ratio0.33
Working Capital1.43
Return On Equity1.95
Debt To Equity-0.15
Fixed Asset Ratio-0.06
Fixed Interest Cover-9.04

Financial data

Financial Statements

Cashflow Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Change To Liabilities 1.66M 5.06M 2.04M 1.84M
Total Cashflows From Investing Activities -172k 345k -834k -1.72M
Net Borrowings -6.11M 2.46M 1.4M 1.8M
Total Cash From Financing Activities -6.11M 2.46M 1.4M 7.37M
Change To Operating Activities 153k 714k -629k -1.71M
Issuance Of Stock 5.57M 5.57M 5.57M 5.57M
Net Income -5.61M -11.96M -8.5M -16.89M
Change In Cash -2.12M -714k -102k 326k
Effect Of Exchange Rate 18k -11k -55k -29k
Total Cash From Operating Activities 4.14M -3.51M -617k -5.29M
Depreciation 4M 4.08M 4.12M 4.19M
Change To Account Receivables 3.95M -765k 2.98M -620k
Other Cashflows From Financing Activities
Change To Netincome -449k -415k -252k 7.26M
Capital Expenditures -401k -212k -507k -1.66M

Income Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Research Development
Income Before Tax -6.33M -15.16M -8.93M -16.61M
Net Income -5.61M -11.96M -8.5M -16.89M
Selling General Administrative 17.15M 20.22M 17.82M 15.86M
Gross Profit 11.05M 7.79M 8.83M 8.87M
Ebit -6.1M -12.43M -9M -6.99M
Operating Income -6.1M -12.43M -9M -6.99M
Interest Expense -668k -1.48M -504k -773k
Income Tax Expense -727k -3.2M -427k 273k
Total Revenue 36.79M 35.1M 33.87M 40.02M
Cost Of Revenue 25.74M 27.31M 25.04M 31.15M
Total Other Income ExpenseNet -238k -2.73M 71k -9.62M
Net Income From Continuing Ops -5.61M -11.96M -8.5M -16.89M
Net Income Applicable To Common Shares -5.61M -11.96M -8.5M -16.89M

Balance Sheet Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Total Liabilities 13.43M 18.69M 21.98M 23.84M
Total Stockholder Equity 21.61M 10.34M 2.37M -8.68M
Other Current Liabilities 1.58M 1.36M 2.01M
Total Assets 35.04M 29.03M 24.35M 15.16M
Common Stock 2k 2k 2k 2k
Other Current Assets 419k 366k
Retained Earnings -16.52M -28.42M -36.92M -53.8M
Treasury Stock -533k -533k -588k -617k
Cash 1.2M 481k 379k 705k
Total Current Liabilities 9.68M 17.57M 20.6M 19.37M
Other Stockholder Equity -533k -533k -588k -617k
Property, Plant, and Equipment 211k 2.22M 3.19M 5.78M
Total Current Assets 8.94M 8.84M 6.94M 7.56M
Net Tangible Assets 217k -7.36M -11.62M -8.94M
Net Receivables 5.91M 6.65M 3.8M 4.22M
Accounts Payable 3.17M 4.37M 4.7M 5.27M


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
JOHNSON VIRLAND ASale at price 6.70 per share.D2021-05-24Chief Financial Officer32.93k
JOHNSON VIRLAND ASale at price 3.61 - 8.65 per share.D2021-02-05Chief Financial Officer5.58k

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 JanOne 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 JanOne Inc

Here is the result of two systematic investment strategies applied to JanOne 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 JanOne Inc

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

JanOne Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 79.64% on the backtest period.

Performance at glance

Performance

79.64 %

Latent gain

1388.76 $

Invested capital

1743.82 $

Annualized return

19.42 %
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Momentum strategy results on JanOne Inc

This is the result of two momentum investment strategies applied to JanOne 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 JanOne Inc

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

JanOne Inc momentum entries
  • The first momentum investment strategy would give 82.0% of return on JanOne Inc. That represents 3889.26$ of latent gain with 4742.88$ of employed capital.
  • The second momentum investment strategy would give 80.02% of return on JanOne Inc. That represents 2396.37$ of latent gain with 2994.73$ of employed capital.
Performance at glance (1Q Momentum)

Performance

82.0 %

Latent gain

3889.26 $

Invested capital

4742.88 $

Annualized return

-1.57 %
Performance at glance (2Q Momentum)

Performance

80.02 %

Latent gain

2396.37 $

Invested capital

2994.73 $

Annualized return

22.1 %

Momentum equity curve on JanOne Inc

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

JanOne Inc momentum equity

Note: the dividends potentially given by JanOne 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 JanOne Inc

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

JanOne 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 JanOne Inc

Buy the dip entry openings on JanOne Inc

JanOne Inc

The performance achieved by the robo-advisor on JanOne Inc is -3.3%. That represents -32.86$ of latent gain with 996.24$ of employed capital. The following chart shows JanOne Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of JanOne 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

-3.3 %

Latent gain

-32.86 $

Invested capital

996.24 $

Annualized return

-1.57 %

Equity curve of the strategy applied to JanOne Inc

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

JanOne Inc

Note: the dividends potentially given by JanOne 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 JanOne Inc

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

JanOne 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 JanOne Inc

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

Equity curve comparison on JanOne Inc

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

JanOne Inc investment strategy comparison

Employed capital comparison on JanOne Inc

JanOne Inc investment comparison

Performance comparison on JanOne Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 79.64% 1388.76$ 1743.82$ 19.42%
Momentum 1 quarter 82.0% 3889.26$ 4742.88$ 21.24%
Momentum 2 quarters 80.02% 2396.37$ 2994.73$ 22.1%
Non-directional -3.3% -32.86$ 996.24$ -1.57%
Annualized return comparison

Automatic investment

19.42 %

Momentum 1Q

22.1 %

Momentum 2Q

22.1 %

Non-directional

-1.57 %

Correlated stocks

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

Positive correlations

Most correlated stocks this year

  • JanOne Inc

  • Most correlated stocks last 3 months

  • FlexShares Credit-Scored US Long Corporate Bond In
  • JanOne Inc
  • Eaton Vance Municipal Income 2028 Term Trust

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


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


    Company information

    Company name JanOne Inc
    Country United States
    City Las Vegas
    Address 325 East Warm Springs Road
    Phone 702 997 5968
    Website www.janone.com
    FullTime employees 161
    Industry Waste Management
    Sector Industrials
    Exchange XNAS
    Ticker JAN
    Market www.nasdaq.com

    JanOne 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