REDISHRED CAPITAL CORP. chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share 0.46
Dividend & YieldN/AC$ (N/A)
Beta 1.23
Market capitalization 59.92M
Operating cash flow 8.4M
ESG Scores unknown

Company description

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States and internationally. It operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. The company grants and manages shredding business franchises under the Proshred brand, as well as operates fourteen corporate shredding locations. It also provides shredding and destruction services; electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resale of electronics. In addition, the company offers digital imaging, scanning, and related workflow management services. RediShred Capital Corp. was incorporated in 2006 and is headquartered in Mississauga, Canada.

Sector: Industrials - Industry: Specialty Business Services

Financial Ratios
Quick Ratio1.35
Working Capital0.34
Return On Equity0.03
Debt To Equity0.54
Fixed Asset Ratio0.33
Fixed Interest Cover2.12

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 391.04k -151.69k -287k 910k
Total Cashflows From Investing Activities -7.63M -10.73M -14.67M -15.01M
Net Borrowings 405.45k -1.07M 2.74M 5.32M
Total Cash From Financing Activities 11.11M 7.83M 939k 13.33M
Change To Operating Activities -49.05k 274.73k 47k -128k
Issuance Of Stock 10.89M 10.45M 91k 9.15M
Net Income 2.71M -778.77k 276k 1.36M
Change In Cash 6.59M 1.23M -7.22M 6.82M
Effect Of Exchange Rate 139.81k -327.62k -468k 93k
Total Cash From Operating Activities 2.96M 4.46M 6.98M 8.4M
Depreciation 1.68M 4M 5.91M 7.05M
Change To Account Receivables -346.38k 145.76k 149k -1.74M
Other Cashflows From Financing Activities -186.27k -1.56M -1.89M -1.14M
Change To Netincome -1.46M 1.07M 786k 787k
Capital Expenditures -1.63M -2.71M -2.56M -5.8M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 2.39M -739.15k -257k 2.13M
Net Income 2.71M -778.77k 276k 1.36M
Selling General Administrative 3.41M 3.69M 3.27M 4.99M
Gross Profit 7.13M 9.26M 9.54M 14.82M
Ebit 2.02M 1.55M 264k 2.62M
Operating Income 2.02M 1.55M 264k 2.62M
Interest Expense -278.73k -629.19k -1M -1.24M
Income Tax Expense -319.42k 39.62k -533k 769k
Total Revenue 14.66M 22.41M 25.44M 36.2M
Cost Of Revenue 7.53M 13.14M 15.9M 21.38M
Total Other Income ExpenseNet 374.47k -2.29M -521k -494k
Net Income From Continuing Ops 2.71M -778.77k 276k 1.36M
Net Income Applicable To Common Shares 2.71M -778.77k 276k 1.36M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 8M 23.87M 28.28M 38.97M
Total Stockholder Equity 19.95M 29.9M 30.41M 40.36M
Other Current Liabilities 543.54k 2.27M 1.05M 2.02M
Total Assets 27.94M 53.77M 58.69M 79.33M
Common Stock 24.35M 34.94M 34.97M 43.94M
Other Current Assets 215.71k 155.16k 139k 188k
Retained Earnings -5.25M -6.03M -5.76M -4.4M
Treasury Stock -39.38k -66.28k 29k -412k
Cash 8.83M 10.06M 2.84M 9.66M
Total Current Liabilities 3.49M 8.16M 8.05M 11.32M
Other Stockholder Equity -39.38k -66.28k 29k -412k
Property, Plant, and Equipment 5.84M 12.34M 15.21M 18.27M
Total Current Assets 10.78M 12.59M 5.5M 15.3M
Net Tangible Assets 9.95M 2.81M -6.66M -4.45M
Net Receivables 1.51M 1.98M 2.18M 4.98M
Accounts Payable 495.07k 1.81M 2.18M 3.15M


Insider Transactions

Here are the insider transactions of stock shares related to REDISHRED CAPITAL CORP.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kay (Robert)Exercise of options at price 0.40 per share.D2022-04-30Director of Issuer75k
Hasham (Jeffrey I)Exercise of options at price 0.40 per share.D2022-04-29Senior Officer of Issuer75.5k
Richardson (Robert)Exercise of options at price 0.40 per share.D2022-04-29Director of Issuer80k
Lawley (James C.)Exercise of options at price 0.40 per share.D2022-04-29Director of Issuer75k
Macmillan, Mark JeffreyExercise of options at price 0.40 per share.D2022-04-29Director of Issuer32.5k
Gaunce (Phillip Harry)Exercise of options at price 0.40 per share.D2022-04-22Director of Issuer80k
Crozier (Robert Michael)Exercise of options at price 0.40 per share.D2022-04-18Director of Issuer75k
Foster (Brad Edward)Exercise of options at price 0.41 per share.D2022-04-14Director of Issuer25.5k
Macmillan, Mark JeffreyExercise of warrants at price 0.29 per share.D2022-01-21Director of Issuer25k
Hasham (Jeffrey I)Exercise of warrants at price 0.29 per share.D2022-01-13Senior Officer of Issuer25k
Gaunce (Phillip Harry)Exercise of warrants at price 0.28 per share.I2022-01-10Director of Issuer25k
Brar (Harjit)D2022-01-01Senior Officer of Issuer
Pawluk (Katherina Maria)Exercise of options at price 0.04 per share.D2021-12-29Senior Officer of Issuer12.5k
Foster (Brad Edward)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer56.82k
Macmillan, Mark JeffreyAcquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer56.82k
Gaunce (Phillip Harry)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer60k
Lawley (James C.)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer113.64k
Crozier (Robert Michael)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer56.82k
Richardson (Robert)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer113.64k
Hasham (Jeffrey I)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Senior Officer of Issuer14.21k
Kay (Robert)Acquisition or disposition under a prospectus at price 0.69 per share.D2021-12-23Director of Issuer113.64k
Richardson (Robert)Exercise of warrants at price 0.28 per share.I2021-12-17Director of Issuer25k
Lawley (James C.)Exercise of warrants at price 0.28 per share.I2021-12-10Director of Issuer25k
Crozier (Robert Michael)Exercise of warrants at price 0.28 per share.D2021-12-10Director of Issuer25k
Kay (Robert)Exercise of warrants at price 0.28 per share.D2021-12-09Director of Issuer25k
Tawse (Moray)Exercise of warrants at price 0.28 per share.I2021-12-0910% Security Holder of Issuer1M
Gaunce (Phillip Harry)Acquisition or disposition in the public market at price 0.61 per share.I2021-05-27Director of Issuer13.33k
Lawley (James C.)Acquisition or disposition in the public market at price 0.59 per share.D2021-05-27Director of Issuer150k

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 REDISHRED CAPITAL CORP.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on REDISHRED CAPITAL CORP.

Here is the result of two systematic investment strategies applied to REDISHRED CAPITAL CORP.. 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 REDISHRED CAPITAL CORP.

The following chart shows the equity curve of the two systematic investment strategies applied to REDISHRED CAPITAL CORP.:

REDISHRED CAPITAL CORP. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.05% on the backtest period.

Performance at glance

Performance

32.05 %

Latent gain

721.39 C$

Invested capital

2251.18 C$

Annualized return

7.56 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on REDISHRED CAPITAL CORP.

This is the result of two momentum investment strategies applied to REDISHRED CAPITAL CORP.. 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 REDISHRED CAPITAL CORP.

The following chart shows all the entries opened by the momentum investment system on REDISHRED CAPITAL CORP.:

REDISHRED CAPITAL CORP. momentum entries
  • The first momentum investment strategy would give 34.8% of return on REDISHRED CAPITAL CORP.. That represents 1914.76C$ of latent gain with 5502.26C$ of employed capital.
  • The second momentum investment strategy would give 34.01% of return on REDISHRED CAPITAL CORP.. That represents 1275.61C$ of latent gain with 3750.71C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

34.8 %

Latent gain

1914.76 C$

Invested capital

5502.26 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

34.01 %

Latent gain

1275.61 C$

Invested capital

3750.71 C$

Annualized return

9.05 %

Momentum equity curve on REDISHRED CAPITAL CORP.

The following chart shows the equity curve of the two momentum strategies applied to REDISHRED CAPITAL CORP.:

REDISHRED CAPITAL CORP. momentum equity

Note: the dividends potentially given by REDISHRED CAPITAL CORP. 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 REDISHRED CAPITAL CORP.

The following chart shows the employed capital evolution of the two momentum strategies on REDISHRED CAPITAL CORP. since the beginning:

REDISHRED CAPITAL CORP.

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 REDISHRED CAPITAL CORP.

Buy the dip entry openings on REDISHRED CAPITAL CORP.

REDISHRED CAPITAL CORP.

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

Note: The blue line represents the weekly stock price of REDISHRED CAPITAL CORP., 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 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to REDISHRED CAPITAL CORP.

The following chart shows the result of the investment strategy applied to REDISHRED CAPITAL CORP.:

REDISHRED CAPITAL CORP.

Note: the dividends potentially given by REDISHRED CAPITAL CORP. 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 REDISHRED CAPITAL CORP.

The following chart shows the employed capital evolution since the beginning of the investment strategy on REDISHRED CAPITAL CORP.:

REDISHRED CAPITAL CORP.

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 REDISHRED CAPITAL CORP.

In this section, I will compare the three previous investment strategies applied to REDISHRED CAPITAL CORP..

Equity curve comparison on REDISHRED CAPITAL CORP.

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

REDISHRED CAPITAL CORP. investment strategy comparison

Employed capital comparison on REDISHRED CAPITAL CORP.

REDISHRED CAPITAL CORP. investment comparison

Performance comparison on REDISHRED CAPITAL CORP.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.05% 721.39C$ 2251.18C$ 7.56%
Momentum 1 quarter 34.8% 1914.76C$ 5502.26C$ 8.7%
Momentum 2 quarters 34.01% 1275.61C$ 3750.71C$ 9.05%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

7.56 %

Momentum 1Q

9.05 %

Momentum 2Q

9.05 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with REDISHRED CAPITAL CORP.:

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


Company information

Company name REDISHRED CAPITAL CORP.
Country Canada
City Mississauga
Address 6505 Mississauga Road
Phone
Website www.redishred.com
FullTime employees
Industry Specialty Business Services
Sector Industrials
Exchange XTSX
Ticker KUT.XTSX
Market www.tsx.com

REDISHRED CAPITAL CORP. 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