IVRNET INC. chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.03
Dividend & YieldN/AC$ (N/A)
Beta -0.31
Market capitalization 4.47M
Operating cash flow -163.22k
ESG Scores unknown

Company description

Ivrnet Inc., a software and communications company, develops, hosts, sells, and supports value added business automation software solutions in North America. Its applications facilitate automated interaction through personalized communication between people; mass communication for disseminating information to thousands of people concurrently; and personalized communication between people and automated systems. The company also provides IT services, Website, and software development services, as well as sells equipment; communication services, such as telephone, fax, toll, audio conference, and invoicing services; texting and text advertising services; business services comprising website, server, community management, and registration system hosting; and payment card industry services, as well as offers custom applications, such as golf booking, Safe Team, 311, merchandising, call monitoring, tracking, reporting, and outbound calling applications. In addition, it engages in the provision of software-related services, including training, installation, consulting, and maintenance. Ivrnet Inc. was incorporated in 1999 and is based in Calgary, Canada.

Sector: Technology - Industry: Software—Application

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio0.14
Working Capital0.33
Return On Equity0.32
Debt To Equity-0.07
Fixed Asset Ratio-0.07
Fixed Interest Cover-0.71

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 221.7k 670.4k -486.98k 22.8k
Total Cashflows From Investing Activities -397.58k -1.04k -4.3k
Net Borrowings -64.92k 229.81k 514.36k -47.8k
Total Cash From Financing Activities -64.92k 229.81k 1.03M 177.2k
Change To Operating Activities -24.16k 17.56k 22.02k -3.57k
Issuance Of Stock 515.17k 515.17k 515.17k 225k
Net Income -621.24k -2.32M -1.05M -1.27M
Change In Cash -160.36k -79.16k 159.77k 13.98k
Effect Of Exchange Rate
Total Cash From Operating Activities 302.14k -307.93k -865.45k -163.22k
Depreciation 63.23k 99.86k 102.85k 61.52k
Change To Account Receivables 15.24k -74.19k 33.65k 103.52k
Other Cashflows From Financing Activities
Change To Netincome 155.95k 729.63k -6.33k 557.03k
Capital Expenditures -14.54k -1.04k -4.3k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -621.24k -2.32M -1.05M -1.27M
Net Income -621.24k -2.32M -1.05M -1.27M
Selling General Administrative 1.66M 2.2M 1.61M 1.77M
Gross Profit 2.17M 1.94M 1.94M 1.96M
Ebit -33.71k -863.35k -345.98k -487.06k
Operating Income -33.71k -863.35k -345.98k -487.06k
Interest Expense -495.51k -633.83k -724.18k -690.79k
Income Tax Expense
Total Revenue 3.05M 2.93M 3M 2.89M
Cost Of Revenue 878.89k 985.88k 1.07M 929.68k
Total Other Income ExpenseNet -587.53k -1.46M -708.84k -779.71k
Net Income From Continuing Ops -621.24k -2.32M -1.05M -1.27M
Net Income Applicable To Common Shares -621.24k -2.32M -1.05M -1.27M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 3.16M 4.72M 4.97M 4.84M
Total Stockholder Equity -246.78k -2.68M -3.32M -3.91M
Other Current Liabilities 50.63k 328.92k 21.9k 5.9k
Total Assets 2.92M 2.05M 1.65M 933.82k
Common Stock 12.07M 12.07M 12.58M 13.03M
Other Current Assets
Retained Earnings -12.71M -15.14M -16.3M -17.57M
Treasury Stock 120.08k 120.08k
Cash 119.91k 40.75k 200.53k 214.5k
Total Current Liabilities 3.15M 4.55M 4.56M 4.52M
Other Stockholder Equity 120.08k 120.08k
Property, Plant, and Equipment 198.45k 323.04k 290.96k 29.92k
Total Current Assets 639.95k 617.42k 721.52k 635.54k
Net Tangible Assets -2.33M -3.78M -3.95M -4.17M
Net Receivables 481.14k 547.57k 511.23k 405.88k
Accounts Payable 681.28k 1.07M 1.06M 650.11k


Insider Transactions

Here are the insider transactions of stock shares related to IVRNET INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Topolniski, ChrisAcquisition or disposition in the public market at price 0.02 per share.D2020-01-29Senior Officer of Issuer24k

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 IVRNET 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 IVRNET INC.

Here is the result of two systematic investment strategies applied to IVRNET 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 IVRNET INC.

The following chart shows the equity curve of the two systematic investment strategies applied to IVRNET INC.:

IVRNET INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 48.02% on the backtest period.

Performance at glance

Performance

48.02 %

Latent gain

960.33 C$

Invested capital

2000.03 C$

Annualized return

10.82 %
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Momentum strategy results on IVRNET INC.

This is the result of two momentum investment strategies applied to IVRNET 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 IVRNET INC.

The following chart shows all the entries opened by the momentum investment system on IVRNET INC.:

IVRNET INC. momentum entries
  • The first momentum investment strategy would give 77.56% of return on IVRNET INC.. That represents 6592.89C$ of latent gain with 8499.95C$ of employed capital.
  • The second momentum investment strategy would give 77.77% of return on IVRNET INC.. That represents 5638.11C$ of latent gain with 7249.94C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

77.56 %

Latent gain

6592.89 C$

Invested capital

8499.95 C$

Annualized return

13.66 %
Performance at glance (2Q Momentum)

Performance

77.77 %

Latent gain

5638.11 C$

Invested capital

7249.94 C$

Annualized return

19.64 %

Momentum equity curve on IVRNET INC.

The following chart shows the equity curve of the two momentum strategies applied to IVRNET INC.:

IVRNET INC. momentum equity

Note: the dividends potentially given by IVRNET 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 IVRNET INC.

The following chart shows the employed capital evolution of the two momentum strategies on IVRNET INC. since the beginning:

IVRNET INC.

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 IVRNET INC.

Buy the dip entry openings on IVRNET INC.

IVRNET INC.

The performance achieved by the robo-advisor on IVRNET INC. is 33.33%. That represents 83.33$ of latent gain with 249.99C$ of employed capital. The following chart shows IVRNET INC. stock price with all the entries opened by the automated investment system.

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

33.33 %

Latent gain

83.33 C$

Invested capital

249.99 C$

Annualized return

13.66 %

Equity curve of the strategy applied to IVRNET INC.

The following chart shows the result of the investment strategy applied to IVRNET INC.:

IVRNET INC.

Note: the dividends potentially given by IVRNET 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 IVRNET INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on IVRNET INC.:

IVRNET 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 IVRNET INC.

In this section, I will compare the three previous investment strategies applied to IVRNET INC..

Equity curve comparison on IVRNET INC.

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

IVRNET INC. investment strategy comparison

Employed capital comparison on IVRNET INC.

IVRNET INC. investment comparison

Performance comparison on IVRNET INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 48.02% 960.33C$ 2000.03C$ 10.82%
Momentum 1 quarter 77.56% 6592.89C$ 8499.95C$ 18.47%
Momentum 2 quarters 77.77% 5638.11C$ 7249.94C$ 19.64%
Non-directional 33.33% 83.33C$ 249.99C$ 13.66%
Annualized return comparison

Automatic investment

10.82 %

Momentum 1Q

19.64 %

Momentum 2Q

19.64 %

Non-directional

13.66 %

Correlated stocks

Here are the most positively and negatively correlated stocks with IVRNET INC.:

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 IVRNET INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of IVRNET INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name IVRNET INC.
Country Canada
City Calgary
Address 1400, 350 – 7th Avenue S.W.
Phone
Website www.ivrnet.com
FullTime employees
Industry Software—Application
Sector Technology
Exchange XTSX
Ticker IVI.XTSX
Market www.tsx.com

IVRNET 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