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Pluribus Technologies Corp (TSE:PLRB.H)
:PLRB.H
RESEARCH TOOLSreports
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Pluribus Technologies Corp
(PLRB.H)
40Underperform
Pluribus Technologies Corp (PLRB.H) vs. S&P 500 (SPY)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue Growth-24.91%
EPS Growth-355.14%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength42
IndustrySoftware
Share Statistics
EPS (TTM)-1.58
Shares Outstanding15,960,249
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.15
Price to Cash Flow (P/CF)-0.20
P/FCF Ratio4.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Pluribus Technologies Corp Business Overview & Revenue Model
Company DescriptionPluribus Technologies Corp (PLRB.H) is a technology company that focuses on acquiring and enhancing small to medium-sized businesses within the technology sector. The company primarily operates in areas such as e-learning, digital enablement, and health tech, aiming to integrate and optimize these businesses to improve their performance and scalability.
How the Company Makes MoneyPluribus Technologies Corp generates revenue through the strategic acquisition and management of technology-driven businesses. By acquiring companies with established revenue streams in niche technology markets, Pluribus enhances their operational efficiencies and accelerates growth, thereby increasing the overall revenue. The company leverages synergies among its portfolio businesses, optimizing resources and cross-selling opportunities. Additionally, Pluribus may engage in partnerships or collaborations that expand market reach or enhance technological capabilities, further contributing to its revenue streams.
Pluribus Technologies Corp Financial Statement Overview
Summary
Pluribus Technologies Corp faces significant challenges in profitability and financial stability. With negative income metrics, high leverage, and inconsistent cash flow generation, the company needs strategic improvements to enhance its financial health. The software industry, however, offers growth opportunities if the company can adjust its operational strategies effectively.Income Statement
The company has faced challenges in profitability with negative net profit margins and declining revenue over recent periods. The TTM data shows a significant net loss and negative EBIT margin, indicating operational inefficiencies. Despite these setbacks, there is potential for improvement if revenue growth can be stabilized.45
Neutral
Balance Sheet
The balance sheet indicates high leverage with a debt-to-equity ratio that could pose risk. Stockholders' equity has significantly decreased, raising concerns about financial stability. However, the company maintains a moderate level of assets relative to its liabilities, which provides some buffer.40
Negative
Cash Flow
The cash flow statement reveals challenges in generating positive operating cash flow consistently. Free cash flow has shown modest improvement in the TTM period, but the operating cash flow to net income ratio remains low, indicating difficulties in converting income into cash.50
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 28.24M | 36.78M | 38.12M | 18.56M | 5.43M | 2.09M | Gross Profit |
| 16.21M | 23.57M | 24.37M | 11.96M | 4.08M | 2.02M | EBIT |
| -26.00K | -1.84M | 5.62M | 2.80M | -1.15M | -30.00K | EBITDA |
| -9.83M | -6.81M | -2.97M | -18.53M | -711.00K | 88.00K | Net Income Common Stockholders |
| -25.00M | -15.66M | -8.81M | -20.99M | -3.20M | -1.41M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.50M | 1.28M | 5.32M | 475.18K | 1.41M | 375.00K | Total Assets |
| 73.39M | 72.96M | 95.84M | 475.18K | 14.09M | 6.00M | Total Debt |
| 21.90M | 22.44M | 26.46M | 19.97M | 7.16M | 4.17M | Net Debt |
| 20.39M | 21.16M | 21.14M | 19.49M | 5.75M | 3.79M | Total Liabilities |
| 44.52M | 43.05M | 50.17M | 29.32K | 12.13M | 6.27M | Stockholders Equity |
| 28.87M | 29.91M | 45.66M | 445.86K | 1.96M | -272.00K |
| Cash Flow | Free Cash Flow | ||||
| 231.00K | 146.00K | -3.98M | -386.00K | -1.42M | -591.00K | Operating Cash Flow |
| 271.00K | 710.00K | -3.89M | -329.00K | -1.41M | -584.00K | Investing Cash Flow |
| 4.46M | -564.00K | -19.65M | -31.37M | -6.04M | -2.55M | Financing Cash Flow |
| -5.36M | -4.37M | 27.90M | 31.96M | 8.45M | 3.53M |
Pluribus Technologies Corp Technical Analysis
Negative
0.03
Price Trends
0.03
Positive
0.04
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
20.89
Positive
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLRB.H, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 20.89 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PLRB.H.
Pluribus Technologies Corp Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $9.59B | 10.75 | 16.00% | 4.08% | -3.59% | 432.46% | |
68 Neutral | C$4.40B | 157.81 | -0.10% | ― | 14.85% | -105.25% | |
68 Neutral | C$185.25M | ― | -1.93% | 0.51% | -13.99% | -421.95% | |
63 Neutral | C$97.55B | 97.41 | 30.90% | 0.12% | 21.56% | 31.90% | |
57 Neutral | $20.94B | 10.43 | -13.41% | 2.52% | 4.53% | -23.34% | |
40 Underperform | ― | -65.67% | ― | -24.91% | -355.14% | ||
29 Underperform | C$17.11M | ― | -36.94% | ― | ― | -37.46% |
* Technology Sector Average
Performance Comparison
TSE:PLRB.H
Pluribus Technologies Corp
0.03
-0.15
-83.33%
TSE:OTEX
Open Text
37.16
-12.43
-25.06%
TSE:KXS
Kinaxis Inc
160.89
10.89
7.26%
TSE:SYZ
Sylogist
8.05
-1.17
-12.69%
TSE:CSU
Constellation Software
4,740.00
1,155.43
32.23%
TSE:AVN
Avanti Energy
0.15
-0.27
-64.29%
Pluribus Technologies Corp Earnings Call Summary
Earnings Call Date: Nov 29, 2024 | % Change Since: -66.67% | Next Earnings Date: May 5, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted several positive developments, such as revenue growth and improved EBITDA, primarily due to strategic sales and cost reductions. However, sustained net losses, challenges in the eCommerce segment, and ongoing financial restructuring efforts indicate significant challenges remain.Highlights
HealthTech Vertical Sale Deleveraging
Successfully sold the HealthTech vertical, doubling its EBITDA since acquisition in 2019, as a first step in deleveraging the balance sheet.
Positive Adjusted EBITDA
Service segment delivered positive adjusted EBITDA even in a tough economic environment, benefiting from cost-cutting initiatives.
Revenue Growth
Revenue for Q1 2024 was $9.5 million, an increase of $0.8 million or 9% compared to the prior period, driven by the eLearning perpetual license sale.
Operating Expense Reduction
Operating expenses decreased by $0.3 million or 6% compared to the prior period, due to a reduction in employee and contractor costs.
Improved Adjusted EBITDA
Adjusted EBITDA increased to $2.3 million from $0.6 million in the comparative period, due to higher revenue and decreased operating expenses.
Lowlights
Net Loss Sustained
Net loss for the quarter was $1.8 million, a slight decrease of $0.1 million from the prior period, impacted by acquisition costs and taxes.
eCommerce Vertical Challenges
eCommerce vertical faced negative impacts from a recessionary environment and marketplace changes, affecting new subscriber acquisition.
Forbearance Agreement Continuation
Continued work with National Bank on the forbearance agreement, which was amended multiple times, indicating ongoing financial challenges.
Company Guidance
During the Q1 2024 earnings call for Pluribus Technologies Corp., the guidance highlighted several key metrics. Revenue for the quarter increased by 9% to $9.5 million, driven by a perpetual license sale in the eLearning sector. Operating expenses decreased by 6% to $4.4 million due to restructuring efforts in 2023. Adjusted EBITDA saw a significant rise to $2.3 million from $0.6 million in the comparative period, attributed to higher revenue and lowered costs. Despite these improvements, the company reported a net loss of $1.8 million, slightly better than the $1.9 million loss in the previous period, mainly due to increased acquisition costs and taxes. The company ended the quarter with $1.5 million in cash, up from $1.3 million at the end of 2023, and continued to work on its strategic review with the National Bank under a forbearance agreement.Pluribus Technologies Corp Corporate Events
M&A TransactionsBusiness Operations and Strategy
Pluribus Technologies Initiates Restructuring and Sales Process
Neutral
Jan 23, 2025
Pluribus Technologies Corp. has initiated a restructuring and sales process, under the supervision of B. Riley Farber Inc. This process aims to identify potential buyers or investors for Pluribus and its subsidiaries’ assets, particularly in the eLearning, EdTech, and eCommerce sectors. The company is soliciting interest in the sale or investment of its notable assets, including The Learning Network and Kesson Group, with a deadline for offers by February 18, 2025. This move could significantly impact the company’s operations and market positioning, as it seeks to optimize value through potential divestitures.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.