Sphere 3D Corp

Company Profile

Sphere 3D Corp had its IPO on 2008-06-24 under the ticker symbol ANY.

The company operates in the Technology sector and Software-Application industry. Sphere 3D Corp has a staff strength of 25 employees.

Stock update

Shares of Sphere 3D Corp opened at $0.34 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $0.32 - $0.36, and closed at $0.35.

This is a -1.94% slip from the previous day's closing price.

A total volume of 873,462 shares were traded at the close of the day’s session.

In the last one week, shares of Sphere 3D Corp have increased by +12.29%.

Sphere 3D Corp's Key Ratios

Sphere 3D Corp has a market cap of $22.98 million, indicating a price to book ratio of 0.1532 and a price to sales ratio of 4.4956.

In the last 12-months Sphere 3D Corp’s revenue was $5.49 million with a gross profit of $1.70 million and an EBITDA of $-26278000. The EBITDA ratio measures Sphere 3D Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sphere 3D Corp’s operating margin was -953.5% while its return on assets stood at -15.07% with a return of equity of -40.25%.

In Q3, Sphere 3D Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 30.3%.

Sphere 3D Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.02

Its diluted EPS in the last 12-months stands at $-1.1 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.02. 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 Sphere 3D Corp’s profitability.

Sphere 3D Corp stock is trading at a EV to sales ratio of 5.0948 and a EV to EBITDA ratio of -0.4722. Its price to sales ratio in the trailing 12-months stood at 4.4956.

Sphere 3D 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

$210.54 million

Total Liabilities

$4.10 million

Operating Cash Flow

$-2793000.00

Capital Expenditure

$1.37 million

Dividend Payout Ratio

0%

Sphere 3D Corp ended 2023 with $210.54 million in total assets and $0 in total liabilities. Its intangible assets were valued at $210.54 million while shareholder equity stood at $205.35 million.

Sphere 3D Corp ended 2023 with $0 in deferred long-term liabilities, $4.10 million in other current liabilities, 455851000.00 in common stock, $-291052000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $4.15 million and cash and short-term investments were $4.15 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Sphere 3D Corp’s total current assets stands at $29.31 million while long-term investments were $7.52 million and short-term investments were $0. Its net receivables were $5.73 million compared to accounts payable of $954000.00 and inventory worth $0.

In 2023, Sphere 3D Corp's operating cash flow was $-2793000.00 while its capital expenditure stood at $1.37 million.

Comparatively, Sphere 3D Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.35

52-Week High

$2.84

52-Week Low

$0.231

Analyst Target Price

$

Sphere 3D Corp stock is currently trading at $0.35 per share. It touched a 52-week high of $2.84 and a 52-week low of $2.84. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.39 and 200-day moving average was $0.49 The short ratio stood at 1.33 indicating a short percent outstanding of 0%.

Around 443.7% of the company’s stock are held by insiders while 137.7% are held by institutions.