mCloud Technologies Corp

Company Profile

mCloud Technologies Corp had its IPO on 2021-11-24 under the ticker symbol MCLD.

The company operates in the Technology sector and Software-Application industry. mCloud Technologies Corp has a staff strength of 216 employees.

Stock update

Shares of mCloud Technologies Corp opened at $0.31 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.31 - $0.31, and closed at $0.31.

This is a -2.81% slip from the previous day's closing price.

A total volume of 15,071 shares were traded at the close of the day’s session.

In the last one week, shares of mCloud Technologies Corp have increased by +11.07%.

mCloud Technologies Corp's Key Ratios

mCloud Technologies Corp has a market cap of $13.47 million, indicating a price to book ratio of 57.7925 and a price to sales ratio of 1.8401.

In the last 12-months mCloud Technologies Corp’s revenue was $13.78 million with a gross profit of $15.91 million and an EBITDA of $-43662224. The EBITDA ratio measures mCloud Technologies Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, mCloud Technologies Corp’s operating margin was -377.31% while its return on assets stood at -51.44% with a return of equity of -567.78%.

In Q3, mCloud Technologies Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 60.4%.

mCloud Technologies Corp’s PE and PEG Ratio

Forward PE

7.1531

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.58 per share while it has a forward price to earnings multiple of 7.1531 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into mCloud Technologies Corp’s profitability.

mCloud Technologies Corp stock is trading at a EV to sales ratio of 4.8649 and a EV to EBITDA ratio of -2.2709. Its price to sales ratio in the trailing 12-months stood at 1.8401.

mCloud Technologies Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$51.61 million

Total Liabilities

$50.65 million

Operating Cash Flow

$6.69 million

Capital Expenditure

$546424

Dividend Payout Ratio

0%

mCloud Technologies Corp ended 2024 with $51.61 million in total assets and $0 in total liabilities. Its intangible assets were valued at $51.61 million while shareholder equity stood at $-27068883.00.

mCloud Technologies Corp ended 2024 with $0 in deferred long-term liabilities, $50.65 million in other current liabilities, 118370996.00 in common stock, $-155036039.00 in retained earnings and $27.27 million in goodwill. Its cash balance stood at $1.71 million and cash and short-term investments were $1.71 million. The company’s total short-term debt was $34,098,458 while long-term debt stood at $20.65 million.

mCloud Technologies Corp’s total current assets stands at $7.29 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.08 million compared to accounts payable of $5.56 million and inventory worth $0.

In 2024, mCloud Technologies Corp's operating cash flow was $6.69 million while its capital expenditure stood at $546424.

Comparatively, mCloud Technologies Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.31

52-Week High

$2.4

52-Week Low

$0.244

Analyst Target Price

$

mCloud Technologies Corp stock is currently trading at $0.31 per share. It touched a 52-week high of $2.4 and a 52-week low of $2.4. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.34 and 200-day moving average was $0.61 The short ratio stood at 1.81 indicating a short percent outstanding of 0%.

Around 353.7% of the company’s stock are held by insiders while 37.7% are held by institutions.