ACCELEWARE LTD chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.01
Dividend & YieldN/AC$ (N/A)
Beta 1.12
Market capitalization 67.02M
Operating cash flow -305.03k
ESG Scores unknown

Company description

Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets. The company's solutions include AxFDTD, an electromagnetic modeling software to measure RF energy absorption; AxHeat RF heating simulation software; AxRTM, a graphics processing unit accelerated Kirchhoff time migration solution; AxWAVE, a solution that allows customers to model seismic acquisition and perform data characterization; AxFWI, a revolutionary modular full waveform inversion application for providing subsurface velocity models. It also sells computing software and related consulting services, and training programs primarily to the oil and gas industry. The company was founded in 2004 and is headquartered in Calgary, Canada.

Sector: Technology - Industry: Software—Application

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 3.06M 1.39M -864.37k 4.78M
Total Cashflows From Investing Activities -34.7k -34.7k -32.84k -32.84k
Net Borrowings -80.29k -177.61k -131.34k -61.76k
Total Cash From Financing Activities 1.04M -103.41k -65.47k 343.36k
Change To Operating Activities -1.57k 28.21k -135.16k 285.25k
Issuance Of Stock 1.12M 74.2k 65.88k 405.12k
Net Income -98.62k -1.56M -2.1M -4.08M
Change In Cash 2.44M 1.16M -2.44M 5.5k
Effect Of Exchange Rate
Total Cash From Operating Activities 1.4M 1.29M -2.37M -305.03k
Depreciation 95.59k 200.35k 133.49k 51.59k
Change To Account Receivables -2.28M 746.82k 365.38k -1.8M
Other Cashflows From Financing Activities
Change To Netincome 628.59k 489.6k 226.6k 451.08k
Capital Expenditures -68.35k -68.35k -32.84k -32.84k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 2.02M 687.52k 958.87k 2.98M
Income Before Tax -98.62k -1.56M -2.1M -4.08M
Net Income -98.62k -1.56M -2.1M -4.08M
Selling General Administrative 2.39M 2.27M 2.06M 1.77M
Gross Profit 4.25M 1.45M 899.28k 711.24k
Ebit -164.19k -1.51M -2.12M -4.05M
Operating Income -164.19k -1.51M -2.12M -4.05M
Interest Expense -10.32k -12.09k -6.92k -9.48k
Income Tax Expense
Total Revenue 4.32M 1.45M 899.28k 752.77k
Cost Of Revenue 67.67k 2.85k 41.53k
Total Other Income ExpenseNet 65.56k -50.72k 19.24k -33.62k
Net Income From Continuing Ops -98.62k -1.56M -2.1M -4.08M
Net Income Applicable To Common Shares -98.62k -1.56M -2.1M -4.08M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 4.01M 5.37M 4.52M 9.48M
Total Stockholder Equity 2.15M 1.15M -667.35k -4.12M
Other Current Liabilities 1.37M 3.78M 2.59M 829.29k
Total Assets 6.17M 6.51M 3.86M 5.35M
Common Stock 22.13M 22.27M 22.38M 23.18M
Other Current Assets 371.44k 86.2k
Retained Earnings -27.42M -28.98M -31.08M -35.16M
Treasury Stock 10.85k
Cash 3.23M 4.38M 1.94M 1.95M
Total Current Liabilities 3.92M 4.88M 3.65M 6.11M
Other Stockholder Equity 10.85k
Property, Plant, and Equipment 197.93k 164.12k 173.65k 154.9k
Total Current Assets 5.97M 6.35M 3.68M 5.2M
Net Tangible Assets 2.15M 1.15M -667.35k -4.12M
Net Receivables 2.71M 1.91M 1.37M 3.16M
Accounts Payable 1.23M 155.8k 295.73k 3.72M


Insider Transactions

Here are the insider transactions of stock shares related to ACCELEWARE LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bennett (Caralyn Patricia)Exercise of options at price 0.11 per share.D2021-08-29Director of Issuer50k
Neweduk (Peter Michael)Exercise of options at price 0.12 per share.D2021-08-15Director of Issuer60k
Romaniuk (Bohdan S.)Exercise of options at price 0.17 per share.D2021-08-12Director of Issuer300k
Romaniuk (Bohdan S.)Exercise of options at price 0.12 per share.D2021-08-12Director of Issuer80k
Okoniewski (Michal)Exercise of options at price 0.12 per share.D2021-08-10Senior Officer of Issuer90k
Clark, Geoffrey Blair DavidExercise of options at price 0.12 per share.D2021-08-09Senior Officer of Issuer299.5k
Maccarthy, Cameron ParkerExercise of options at price 0.08 per share.D2021-08-05Senior Officer of Issuer25k
Maccarthy, Cameron ParkerAcquisition or disposition in the public market at price 0.27 per share.D2021-08-05Senior Officer of Issuer12.45k
Tourigny, Michael JamesAcquisition or disposition carried out privately at price 0.12 per share.D2021-08-05Senior Officer of Issuer90k
Romaniuk (Bohdan S.)Acquisition or disposition in the public market at price 0.27 per share.I2021-08-05Director of Issuer67k
Tourigny, Michael JamesAcquisition or disposition carried out privately at price 0.17 per share.D2021-08-05Senior Officer of Issuer200k
Maccarthy, Cameron ParkerAcquisition or disposition in the public market at price 0.26 per share.D2021-08-05Senior Officer of Issuer59.74k
Maccarthy, Cameron ParkerExercise of options at price 0.10 per share.D2021-08-05Senior Officer of Issuer100k
Maccarthy, Cameron ParkerAcquisition or disposition in the public market at price 0.26 per share.D2021-08-05Senior Officer of Issuer25.34k
Maccarthy, Cameron ParkerAcquisition or disposition in the public market at price 0.26 per share.D2021-08-05Senior Officer of Issuer57.66k
Maccarthy, Cameron ParkerExercise of options at price 0.12 per share.D2021-08-05Senior Officer of Issuer40k
Maccarthy, Cameron ParkerExercise of options at price 0.17 per share.D2021-08-05Senior Officer of Issuer75k
Romaniuk (Bohdan S.)Acquisition or disposition in the public market at price 0.27 per share.I2021-08-04Director of Issuer19.5k
Romaniuk (Bohdan S.)Acquisition or disposition in the public market at price 0.27 per share.I2021-07-29Director of Issuer37.5k
Romaniuk (Bohdan S.)Acquisition or disposition in the public market at price 0.27 per share.I2021-07-28Director of Issuer2.5k
Romaniuk (Bohdan S.)Acquisition or disposition in the public market at price 0.27 per share.I2021-07-27Director of Issuer5k
Romaniuk (Bohdan S.)Change in nature of ownership at price 0.28 per share.D2021-07-12Director of Issuer70k
Romaniuk (Bohdan S.)Change in nature of ownership at price 0.28 per share.I2021-07-12Director of Issuer70k
Romaniuk (Bohdan S.)Acquisition or disposition by gift at price 0.28 per share.I2021-07-12Director of Issuer100k

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 ACCELEWARE LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ACCELEWARE LTD

Here is the result of two systematic investment strategies applied to ACCELEWARE LTD. 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 ACCELEWARE LTD

The following chart shows the equity curve of the two systematic investment strategies applied to ACCELEWARE LTD:

ACCELEWARE LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 92.07% on the backtest period.

Performance at glance

Performance

92.07 %

Latent gain

2071.57 C$

Invested capital

2250.05 C$

Annualized return

20.83 %
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Momentum strategy results on ACCELEWARE LTD

This is the result of two momentum investment strategies applied to ACCELEWARE LTD. 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 ACCELEWARE LTD

The following chart shows all the entries opened by the momentum investment system on ACCELEWARE LTD:

ACCELEWARE LTD momentum entries
  • The first momentum investment strategy would give 77.73% of return on ACCELEWARE LTD. That represents 4858.61C$ of latent gain with 6250.27C$ of employed capital.
  • The second momentum investment strategy would give 102.88% of return on ACCELEWARE LTD. That represents 4886.84C$ of latent gain with 4750.0C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

77.73 %

Latent gain

4858.61 C$

Invested capital

6250.27 C$

Annualized return

37.55 %
Performance at glance (2Q Momentum)

Performance

102.88 %

Latent gain

4886.84 C$

Invested capital

4750.0 C$

Annualized return

26.11 %

Momentum equity curve on ACCELEWARE LTD

The following chart shows the equity curve of the two momentum strategies applied to ACCELEWARE LTD:

ACCELEWARE LTD momentum equity

Note: the dividends potentially given by ACCELEWARE LTD 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 ACCELEWARE LTD

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

ACCELEWARE LTD

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


Buy the dip strategy result on ACCELEWARE LTD

Buy the dip entry openings on ACCELEWARE LTD

ACCELEWARE LTD

The performance achieved by the robo-advisor on ACCELEWARE LTD is 90.87%. That represents 1362.92$ of latent gain with 1499.89C$ of employed capital. The following chart shows ACCELEWARE LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ACCELEWARE LTD, 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

90.87 %

Latent gain

1362.92 C$

Invested capital

1499.89 C$

Annualized return

37.55 %

Equity curve of the strategy applied to ACCELEWARE LTD

The following chart shows the result of the investment strategy applied to ACCELEWARE LTD:

ACCELEWARE LTD

Note: the dividends potentially given by ACCELEWARE LTD 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 ACCELEWARE LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on ACCELEWARE LTD:

ACCELEWARE LTD

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 ACCELEWARE LTD

In this section, I will compare the three previous investment strategies applied to ACCELEWARE LTD.

Equity curve comparison on ACCELEWARE LTD

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

ACCELEWARE LTD investment strategy comparison

Employed capital comparison on ACCELEWARE LTD

ACCELEWARE LTD investment comparison

Performance comparison on ACCELEWARE LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 92.07% 2071.57C$ 2250.05C$ 20.83%
Momentum 1 quarter 77.73% 4858.61C$ 6250.27C$ 18.6%
Momentum 2 quarters 102.88% 4886.84C$ 4750.0C$ 26.11%
Non-directional 90.87% 1362.92C$ 1499.89C$ 37.55%
Annualized return comparison

Automatic investment

20.83 %

Momentum 1Q

26.11 %

Momentum 2Q

26.11 %

Non-directional

37.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ACCELEWARE LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

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


Company information

Company name ACCELEWARE LTD
Country Canada
City Calgary
Address 435 – 10th Avenue SE
Phone
Website www.acceleware.com
FullTime employees 19
Industry Software—Application
Sector Technology
Exchange XTSX
Ticker AXE.XTSX
Market www.tsx.com

ACCELEWARE LTD 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