Mitesco Inc chart

Last update: 2022-12-29
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/A$ (N/A)
Beta -0.55
Market capitalization 14.08M
Operating cash flow -8.83M
ESG Scores unknown

Company description

Mitesco, Inc. operates medical clinics under the The Good Clinic name in North East Minneapolis, the United States. It offers wellness coaching, behavioral health care, episodic care, dermatologic services, and supplements. The company was formerly known as True Nature Holding, Inc. and changed its name to Mitesco, Inc. in April 2020. Mitesco, Inc. is based in Saint Louis Park, Minnesota.

Sector: Healthcare - Industry: Health Information Services

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 452.49k 522.76k 54.53k
Total Cashflows From Investing Activities -7.85k -7.85k -1.93M -1.93M
Net Borrowings 248.24k 874.26k 1.5M 670.63k
Total Cash From Financing Activities 248.24k 874.26k 1.5M 8.02M
Change To Operating Activities 208.72k 604.39k 143.84k 306.99k
Issuance Of Stock 1.72M 1.72M 1.72M 1.72M
Net Income -1.42M -3.89M -2.86M -7.92M
Change In Cash 1.3k 81.94k -18.46k 1.1M
Effect Of Exchange Rate
Total Cash From Operating Activities -246.93k -784.47k -1.52M -5M
Depreciation 5.89k 5.89k 5.89k 344.7k
Change To Account Receivables -44.31k -44.31k -44.31k -44.31k
Other Cashflows From Financing Activities
Change To Netincome 493.56k 1.65M -491.64k 1.53M
Capital Expenditures -7.85k -7.85k -1.93M -1.93M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -1.42M -3.89M -2.86M -7.92M
Net Income -1.42M -3.89M -2.86M -7.92M
Selling General Administrative 1.29M 1.45M 2.5M 4.7M
Gross Profit 3.5k -339.59k
Ebit -1.29M -1.44M -2.53M -6.4M
Operating Income -1.29M -1.44M -2.53M -6.4M
Interest Expense -66.63k -1.61M -1.52M -968.47k
Income Tax Expense
Total Revenue 3.5k 115.99k
Cost Of Revenue 455.59k
Total Other Income ExpenseNet -128.54k -2.44M -327.02k -1.52M
Net Income From Continuing Ops -1.42M -3.89M -2.86M -7.92M
Net Income Applicable To Common Shares -1.42M -3.89M -2.94M -11.23M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.66M 2.42M 3.34M 9.53M
Total Stockholder Equity -1.65M -2.32M -2.54M 1.08M
Other Current Liabilities 37.09k 1.51M 912.9k 383.8k
Total Assets 3.8k 100.82k 798.51k 10.65M
Common Stock 315.98k 812.68k 1.55M 2.13M
Other Current Assets
Retained Earnings -7.69M -11.58M -14.44M -25.48M
Treasury Stock 37.19k 37.19k 132.16k
Cash 1.3k 83.25k 64.79k 1.16M
Total Current Liabilities 1.53M 2.42M 3.03M 5.56M
Other Stockholder Equity 37.19k 37.19k 132.16k
Property, Plant, and Equipment 7.85k 733.73k 9.35M
Total Current Assets 3.8k 92.97k 64.79k 1.31M
Net Tangible Assets -1.65M -2.32M -2.54M 1.08M
Net Receivables 44.31k
Accounts Payable 779.4k 529.87k 824.4k 3.93M


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
DIAMOND LAWRENCE M.Purchase at price 0.18 - 0.19 per share.D2022-05-23Chief Executive Officer30k
KELLER PHILLIP JPurchase at price 0.16 per share.D2021-12-13Chief Financial Officer20k
DIAMOND LAWRENCE M.Purchase at price 0.17 per share.D2021-12-06Chief Executive Officer21k
DIAMOND LAWRENCE M.Stock Award(Grant) at price 0.33 per share.D2021-08-26Chief Executive Officer312.8k
BRODMERKEL THOMASConversion of Exercise of derivative security at price 0.03 per share.D2021-06-11Director416.67k
DIAMOND LAWRENCE M.Conversion of Exercise of derivative security at price 0.03 per share.D2021-06-10Chief Executive Officer2.5M
ITURREGUI JUAN CARLOS ESQ.Conversion of Exercise of derivative security at price 0.03 per share.D2021-06-10Director1.1M
NAQVI FARAZConversion of Exercise of derivative security at price 0.03 per share.D2021-06-10Director1.1M
DIAMOND LAWRENCE M.Conversion of Exercise of derivative security at price 0.03 per share.D2021-06-04Chief Executive Officer2.5M
DIAMOND LAWRENCE M.Purchase at price 0.26 per share.D2021-06-03Chief Executive Officer60k
DIAMOND LAWRENCE M.Purchase at price 0.40 per share.D2021-02-16Chief Executive Officer100
DIAMOND LAWRENCE M.Purchase at price 0.03 per share.D2020-12-31Chief Executive Officer164.05k
RIEWOLD RONALD L. M.D.Purchase at price 0.03 per share.D2020-12-28Director98.43k

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 Mitesco 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 Mitesco Inc

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

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

Mitesco Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 453.44% on the backtest period.

Performance at glance

Performance

453.44 %

Latent gain

10202.49 $

Invested capital

2250.02 $

Annualized return

109.53 %
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Momentum strategy results on Mitesco Inc

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

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

Mitesco Inc momentum entries
  • The first momentum investment strategy would give 505.2% of return on Mitesco Inc. That represents 25260.63$ of latent gain with 5000.1$ of employed capital.
  • The second momentum investment strategy would give 399.5% of return on Mitesco Inc. That represents 18976.98$ of latent gain with 4750.13$ of employed capital.
Performance at glance (1Q Momentum)

Performance

505.2 %

Latent gain

25260.63 $

Invested capital

5000.1 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

399.5 %

Latent gain

18976.98 $

Invested capital

4750.13 $

Annualized return

109.15 %

Momentum equity curve on Mitesco Inc

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

Mitesco Inc momentum equity

Note: the dividends potentially given by Mitesco 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 Mitesco Inc

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

Mitesco 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 Mitesco Inc

Buy the dip entry openings on Mitesco Inc

Mitesco Inc

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

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

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Mitesco Inc

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

Mitesco Inc

Note: the dividends potentially given by Mitesco 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 Mitesco Inc

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

Mitesco 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 Mitesco Inc

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

Equity curve comparison on Mitesco Inc

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

Mitesco Inc investment strategy comparison

Employed capital comparison on Mitesco Inc

Mitesco Inc investment comparison

Performance comparison on Mitesco Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 453.44% 10202.49$ 2250.02$ 109.53%
Momentum 1 quarter 505.2% 25260.63$ 5000.1$ 129.54%
Momentum 2 quarters 399.5% 18976.98$ 4750.13$ 109.15%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

109.53 %

Momentum 1Q

109.15 %

Momentum 2Q

109.15 %

Non-directional

0.0 %

Correlated stocks

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


Company information

Company name Mitesco Inc
Country United States
City Saint Louis Park
Address 1660 Highway 100 South
Phone 844 383 8689
Website www.mitescoinc.com
FullTime employees 27
Industry Health Information Services
Sector Healthcare
Exchange XNAS
Ticker MITI
Market www.nasdaq.com

Mitesco 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