OMNI-LITE INDUSTRIES CANADA INC. chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.50
Dividend & YieldN/AC$ (N/A)
Beta 0.59
Market capitalization 12.64M
Operating cash flow -827.19k
ESG Scores unknown

Company description

Omni-Lite Industries Canada Inc. develops, engineers, manufactures, markets, and sells precision components to Fortune 500 companies in the United States and Canada. It offers forged, electronic, and multi-chip microelectronic components for the aerospace, military, specialty automotive, medical, and sports and recreational industries, as well as ceramic track shoe spikes. The company was incorporated in 1992 and is headquartered in Cerritos, California.

Sector: Industrials - Industry: Metal Fabrication

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 232.46k -117.49k -215.19k
Total Cashflows From Investing Activities -1.15M -317.81k -273.85k
Net Borrowings 779.26k 779.26k 1.11M
Total Cash From Financing Activities -10.39k 1.18M 1.12M
Change To Operating Activities -28.91k 49.16k -63.24k
Issuance Of Stock 45k
Net Income -4.52M -1.87M -618.09k
Change In Cash -499.3k 352.67k 849.16k
Effect Of Exchange Rate
Total Cash From Operating Activities 658.93k -505.17k 4.97k
Depreciation 1.16M 1.15M 1.13M
Change To Account Receivables 102.62k -264.13k 412.38k
Other Cashflows From Financing Activities -55.39k 396.39k 12.71k
Change To Netincome 3.52M 1.63M -907.07k
Capital Expenditures -759.23k -316.91k -23.85k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 84.83k 269.63k 277.73k
Income Before Tax -6.03M -1.68M -1.11M
Net Income -4.52M -1.87M -618.09k
Selling General Administrative 989.43k 1.7M 1.38M 1.31M
Gross Profit 654.95k 2.03M 32.48k
Ebit -503.05k -42.7k -1.81M -1.75M
Operating Income -503.05k -42.7k -1.81M -1.75M
Interest Expense -1.34k -46.81k -68.02k
Income Tax Expense -1.5M 194.95k -489.99k
Total Revenue 7.07M 9.32M 6.68M
Cost Of Revenue 6.42M 7.29M 6.65M
Total Other Income ExpenseNet -5.52M -1.64M 704.49k 1.76M
Net Income From Continuing Ops -4.52M -1.87M -618.09k
Net Income Applicable To Common Shares -4.52M -1.87M -618.09k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.69M 4.39M 2.4M
Total Stockholder Equity 14.54M 12.66M 12.45M
Other Current Liabilities 8.28k 280.21k 2.4k
Total Assets 17.23M 17.06M 14.85M
Common Stock 8.2M 8.2M 8.2M
Other Current Assets
Retained Earnings 4.72M 2.84M 2.23M
Treasury Stock -195.94k -231.31k 55.71k
Cash 340.57k 693.25k 1.54M
Total Current Liabilities 917.54k 1.29M 2.19M
Other Stockholder Equity -195.94k -231.31k 55.71k
Property, Plant, and Equipment 9.04M 8.79M 7.76M
Total Current Assets 4.4M 6.04M 5.96M
Net Tangible Assets 13.79M 11.99M 11.85M
Net Receivables 1.13M 1.36M 976.88k
Accounts Payable 909.27k 791.77k 576.58k


Insider Transactions

Here are the insider transactions of stock shares related to OMNI-LITE INDUSTRIES CANADA INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Holland (Frans Jan)D2021-12-20Director of Issuer

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 OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

Here is the result of two systematic investment strategies applied to OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows the equity curve of the two systematic investment strategies applied to OMNI-LITE INDUSTRIES CANADA INC.:

OMNI-LITE INDUSTRIES CANADA INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -17.98% on the backtest period.

Performance at glance

Performance

-17.98 %

Latent gain

-359.56 C$

Invested capital

2000.21 C$

Annualized return

-4.03 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on OMNI-LITE INDUSTRIES CANADA INC.

This is the result of two momentum investment strategies applied to OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows all the entries opened by the momentum investment system on OMNI-LITE INDUSTRIES CANADA INC.:

OMNI-LITE INDUSTRIES CANADA INC. momentum entries
  • The first momentum investment strategy would give -9.22% of return on OMNI-LITE INDUSTRIES CANADA INC.. That represents -668.22C$ of latent gain with 7249.82C$ of employed capital.
  • The second momentum investment strategy would give -4.26% of return on OMNI-LITE INDUSTRIES CANADA INC.. That represents -159.74C$ of latent gain with 3748.84C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-9.22 %

Latent gain

-668.22 C$

Invested capital

7249.82 C$

Annualized return

11.54 %
Performance at glance (2Q Momentum)

Performance

-4.26 %

Latent gain

-159.74 C$

Invested capital

3748.84 C$

Annualized return

-1.07 %

Momentum equity curve on OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows the equity curve of the two momentum strategies applied to OMNI-LITE INDUSTRIES CANADA INC.:

OMNI-LITE INDUSTRIES CANADA INC. momentum equity

Note: the dividends potentially given by OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows the employed capital evolution of the two momentum strategies on OMNI-LITE INDUSTRIES CANADA INC. since the beginning:

OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

Buy the dip entry openings on OMNI-LITE INDUSTRIES CANADA INC.

OMNI-LITE INDUSTRIES CANADA INC.

The performance achieved by the robo-advisor on OMNI-LITE INDUSTRIES CANADA INC. is 28.38%. That represents 70.98$ of latent gain with 250.12C$ of employed capital. The following chart shows OMNI-LITE INDUSTRIES CANADA INC. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of OMNI-LITE INDUSTRIES CANADA 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

28.38 %

Latent gain

70.98 C$

Invested capital

250.12 C$

Annualized return

11.54 %

Equity curve of the strategy applied to OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows the result of the investment strategy applied to OMNI-LITE INDUSTRIES CANADA INC.:

OMNI-LITE INDUSTRIES CANADA INC.

Note: the dividends potentially given by OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on OMNI-LITE INDUSTRIES CANADA INC.:

OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC.

In this section, I will compare the three previous investment strategies applied to OMNI-LITE INDUSTRIES CANADA INC..

Equity curve comparison on OMNI-LITE INDUSTRIES CANADA INC.

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

OMNI-LITE INDUSTRIES CANADA INC. investment strategy comparison

Employed capital comparison on OMNI-LITE INDUSTRIES CANADA INC.

OMNI-LITE INDUSTRIES CANADA INC. investment comparison

Performance comparison on OMNI-LITE INDUSTRIES CANADA INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -17.98% -359.56C$ 2000.21C$ -4.03%
Momentum 1 quarter -9.22% -668.22C$ 7249.82C$ -2.18%
Momentum 2 quarters -4.26% -159.74C$ 3748.84C$ -1.07%
Non-directional 28.38% 70.98C$ 250.12C$ 11.54%
Annualized return comparison

Automatic investment

-4.03 %

Momentum 1Q

-1.07 %

Momentum 2Q

-1.07 %

Non-directional

11.54 %

Correlated stocks

Here are the most positively and negatively correlated stocks with OMNI-LITE INDUSTRIES CANADA 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 OMNI-LITE INDUSTRIES CANADA INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of OMNI-LITE INDUSTRIES CANADA INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name OMNI-LITE INDUSTRIES CANADA INC.
Country United States
City Cerritos
Address 17210 Edwards Road
Phone 800 577 6664
Website www.omni-lite.com
FullTime employees
Industry Metal Fabrication
Sector Industrials
Exchange XTSX
Ticker OML.XTSX
Market www.tsx.com

OMNI-LITE INDUSTRIES CANADA 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