Optec International Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/A$ (N/A)
Beta 2.42
Market capitalization 2.19M
Operating cash flow -283.23k
ESG Scores unknown

Company description

Optec International, Inc. engages in selling and marketing optimized fuel maximizer units in North America and internationally. It markets optimized fuel maximizer for passenger vehicles, intermediate/medium duty trucks, off-road equipment, generator systems, heavy duty diesel on-road vehicles, and transportation refrigeration units. The company was formerly known as Green Meadow Products, Inc. and changed its name to Optec International, Inc. in August 2017. Optec International, Inc. was founded in 2012 and is based in Carlsbad, California.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial data

Financial Statements

Cashflow Statement 2015-06-30 2016-06-30 2017-06-30 2018-06-30
Change To Liabilities 298 4.7k 2k 53.76k
Total Cashflows From Investing Activities -5.25k -109k -109k -109k
Net Borrowings 268.27k 268.27k 268.27k 268.27k
Total Cash From Financing Activities 421.27k 421.27k 421.27k 421.27k
Change To Operating Activities 221 221 221 221
Issuance Of Stock 170k 170k 170k 170k
Net Income -11.06k -32.93k -10.01k -1.32M
Change In Cash -14.55k -24.18k -8.63k 30.46k
Effect Of Exchange Rate
Total Cash From Operating Activities -9.3k -24.18k -8.63k -281.81k
Depreciation 3.41k 4.08k 4.08k 7.58k
Change To Account Receivables -4.7k -4.7k -4.7k -80.4k
Other Cashflows From Financing Activities -17k -17k -17k -17k
Change To Netincome 866.49k 866.49k 866.49k 866.49k
Capital Expenditures

Income Statement 2015-06-30 2016-06-30 2017-06-30 2018-06-30
Research Development
Income Before Tax -13.01k -32.93k -10.01k -1.32M
Net Income -11.06k -32.93k -10.01k -1.32M
Selling General Administrative 52.28k 47.73k 23.14k 111.65k
Gross Profit 42.68k 18.88k 17.2k 32.74k
Ebit -13.01k -32.93k -10.01k -171.58k
Operating Income -13.01k -32.93k -10.01k -171.58k
Interest Expense -379.9k -379.9k -379.9k -379.9k
Income Tax Expense -1.95k
Total Revenue 43.08k 30.88k 24.2k 91.11k
Cost Of Revenue 400 12k 7k 58.36k
Total Other Income ExpenseNet -1.15M
Net Income From Continuing Ops -11.06k -32.93k -10.01k -1.32M
Net Income Applicable To Common Shares -11.06k -32.93k -10.01k -1.32M

Balance Sheet Statement 2015-06-30 2016-06-30 2017-06-30 2018-06-30
Total Liabilities 330 5k 7k 1.77M
Total Stockholder Equity 53.63k 20.7k 10.69k -1.14M
Other Current Liabilities 32 1.27M
Total Assets 53.96k 25.7k 17.69k 626.37k
Common Stock 52.95k 52.95k 52.95k 17.83k
Other Current Assets
Retained Earnings 180 -32.75k -42.76k -1.36M
Treasury Stock
Cash 33.16k 8.98k 342 30.8k
Total Current Liabilities 330 5k 7k 1.77M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 33.16k 8.98k 5.04k 118.8k
Net Tangible Assets 32.83k 3.98k -1.96k -1.65M
Net Receivables 4.7k
Accounts Payable 298 5k 7k 60.76k


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

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 Optec International 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 Optec International Inc

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

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

Optec International Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -59.01% on the backtest period.

Performance at glance

Performance

-59.01 %

Latent gain

-442.59 $

Invested capital

749.99 $

Annualized return

-37.83 %
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Momentum strategy results on Optec International Inc

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

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

Optec International Inc momentum entries
  • The first momentum investment strategy would give 0.85% of return on Optec International Inc. That represents 16.91$ of latent gain with 2000.05$ of employed capital.
  • The second momentum investment strategy would give -19.53% of return on Optec International Inc. That represents -195.34$ of latent gain with 999.99$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.85 %

Latent gain

16.91 $

Invested capital

2000.05 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-19.53 %

Latent gain

-195.34 $

Invested capital

999.99 $

Annualized return

-18.08 %

Momentum equity curve on Optec International Inc

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

Optec International Inc momentum equity

Note: the dividends potentially given by Optec International 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 Optec International Inc

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

Optec International 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 Optec International Inc

Buy the dip entry openings on Optec International Inc

Optec International Inc

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

Note: The blue line represents the weekly stock price of Optec International 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 Optec International Inc

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

Optec International Inc

Note: the dividends potentially given by Optec International 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 Optec International Inc

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

Optec International 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 Optec International Inc

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

Equity curve comparison on Optec International Inc

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

Optec International Inc investment strategy comparison

Employed capital comparison on Optec International Inc

Optec International Inc investment comparison

Performance comparison on Optec International Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -59.01% -442.59$ 749.99$ -37.83%
Momentum 1 quarter 0.85% 16.91$ 2000.05$ 0.64%
Momentum 2 quarters -19.53% -195.34$ 999.99$ -18.08%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

-37.83 %

Momentum 1Q

-18.08 %

Momentum 2Q

-18.08 %

Non-directional

-0.0 %

Correlated stocks

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

Positive correlations

Most correlated stocks this year

  • Optec International Inc

  • Most correlated stocks last 3 months

  • Optec International Inc
  • KANGHUA HEALTH
  • écomiam SA
  • IGG

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • OptimizeRx Corp
  • Bandwidth Inc - Class A
  • VOLTALIA

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


    Company information

    Company name Optec International Inc
    Country United States
    City Carlsbad
    Address 2721 Loker Avenue West
    Phone 760-444-5566
    Website www.optecintl.com
    FullTime employees 1
    Industry Auto Parts
    Sector Consumer Cyclical
    Exchange XNAS
    Ticker OPTI
    Market www.nasdaq.com

    Optec International 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