ProStar Holdings Inc (MAPS) AI Stock Analysis

• Market Cap: C$22.61M
• Dividend Yield: N/A
• Average Volume (3M): 28.59K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.76
• Revenue Growth: 13.60%
• EPS Growth: 45.14%
• Country: CA
• Employees: 24
• Sector: Real Estate
• Sector Strength: 75
• Industry: Software - Application
• EPS (TTM): -0.03
• Shares Outstanding: 155,900,880
• 10 Day Avg. Volume: 13,649
• 30 Day Avg. Volume: 28,589
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 39.10
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

ProStar Holdings Inc. has a low overall stock score due to significant financial challenges, including consistent losses and negative equity. While recent corporate partnerships offer potential revenue opportunities, the company's current financial instability and poor valuation metrics weigh heavily on its overall assessment. Technical indicators show some positive momentum, but caution is advised due to potential overbought conditions.

ProStar Holdings Inc Business Overview & Revenue Model

Company Description

ProStar Holdings Inc (MAPS) is a technology company specializing in providing precision mapping solutions for infrastructure and construction industries. The company leverages proprietary cloud and mobile software to offer geospatial data integration services that enhance project planning, management, and execution. ProStar Holdings aims to streamline workflows and improve decision-making processes through its innovative mapping technologies.

How the Company Makes Money

ProStar Holdings Inc makes money primarily through the sale of its cloud-based software solutions and related services. The company generates revenue by offering subscriptions to its mapping and geospatial data services, which are utilized by clients in infrastructure, construction, and utility sectors. Key revenue streams include licensing fees for its software platforms, subscription fees for ongoing access to its services, and professional services for customization and integration. Strategic partnerships with industry leaders and government contracts also play a significant role in enhancing the company's market presence and contributing to its earnings.

ProStar Holdings Inc Financial Statement Overview

Summary

ProStar Holdings Inc is facing significant financial difficulties with consistent losses and negative equity, indicating financial instability. While there is a positive trend in revenue growth, substantial operational and cash flow challenges persist. The company must address these issues promptly to improve its financial health and sustainability.

Income Statement

The company's income statement reveals consistent negative net income, indicating ongoing losses. The gross profit margin is relatively strong at 89.5% for TTM, showcasing efficient cost management relative to revenue. However, negative EBIT and EBITDA margins signify operational inefficiencies. Revenue growth has been volatile, with a recent increase of 13.9% in the TTM compared to the last annual report, which is a positive sign amidst broader financial challenges.

Balance Sheet

The balance sheet shows a concerning negative stockholders' equity, indicating financial distress with liabilities exceeding assets. The debt-to-equity ratio is not applicable due to negative equity. The company’s financial stability is further challenged by total liabilities significantly higher than total assets. The equity ratio is negative, reflecting a weak financial position.

Cash Flow

Cash flow analysis highlights negative operating and free cash flows, indicating cash burn. The free cash flow growth rate is negative, showing deterioration in cash generation. The operating cash flow to net income ratio is slightly above 1, suggesting cash flow is slightly better than reported net income, yet still negative, which is concerning for sustainability.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
828.28K	757.15K	750.20K	1.12M	1.49M
	Gross Profit
649.16K	569.87K	604.96K	972.83K	1.29M
	EBIT
-5.12M	-5.03M	-5.73M	-6.92M	-2.27M
	EBITDA
-5.29M	-4.88M	-5.55M	-6.60M	-2.19M
	Net Income Common Stockholders
-5.43M	-5.04M	-5.71M	-6.73M	-2.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
68.92K	2.21M	7.03M	3.40M	130.14K
	Total Assets
330.11K	2.47M	7.34M	3.56M	231.86K
	Total Debt
117.65K	0.00	159.33K	122.07K	2.33M
	Net Debt
48.73K	-2.21M	-6.87M	-3.28M	2.20M
	Total Liabilities
806.39K	470.43K	750.22K	955.51K	15.15M
	Stockholders Equity
-476.27K	2.00M	6.59M	2.61M	-14.92M
Cash Flow		Free Cash Flow
-4.50M	-4.43M	-4.62M	-1.89M	-2.11M
	Operating Cash Flow
-4.49M	-4.42M	-4.60M	-1.86M	-2.04M
	Investing Cash Flow
-6.53K	-5.53K	-19.35K	-30.26K	-65.00K
	Financing Cash Flow
2.40M	-134.91K	8.22M	5.16M	2.06M

ProStar Holdings Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MAPS, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.07 is Neutral, neither overbought nor oversold. The STOCH value of 12.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MAPS.

ProStar Holdings Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDA	75 Outperform	C$2.81B	34.88	7.09%	―	33.74%	61.09%
Sector *	60 Neutral	$2.79B	11.29	0.22%	8508.24%	6.33%	-14.20%
MAPS	48 Neutral	C$22.61M	―	-9999.00%	―	13.60%	45.14%
KWE	46 Neutral	$4.23M	―	-245.52%	―	116.30%	37.26%
QST	43 Neutral	C$7.38M	―	-14.23%	―	-37.13%	32.21%

ProStar Holdings Inc Corporate Events

ProStar Expands Reach with Major Construction Firm Partnership

ProStar Holdings Inc. has announced that the nation’s top-ranked water and wastewater construction company has adopted its Precision Mapping Solutions, PointMan. This move is expected to enhance ProStar’s market presence by integrating PointMan into the construction company’s operations, highlighting the transformation towards modern and innovative practices. The adoption of PointMan is anticipated to offer substantial revenue opportunities and increased market awareness through exposure to a network of contractors and subcontractors.

ProStar Expands Enterprise Clientele with Major U.S. Construction Firm

ProStar Holdings Inc. has announced that one of the largest private construction management companies in the United States has adopted its PointMan solution for a significant project in Central Florida. This initial implementation could lead to broader adoption across the company’s operations, presenting ProStar with substantial revenue opportunities and increased market exposure through the client’s extensive network.

ProStar Holdings Cuts Costs and Updates Incentive Plan

ProStar Holdings Inc. is streamlining operations by reducing costs, leading to a 27% decrease in operating expenses, and is focusing on sales, marketing, and customer support for its PointMan solution. The company has also amended its long-term incentive plan, reducing the number of shares available for issuance to 12% of outstanding shares.

ProStar Holdings Expands Fortune 500 Clientele

ProStar Holdings Inc. has expanded its clientele by adding several Fortune 500 and 1000 companies to its list of clients, including major players in the oil, gas, and construction sectors. These companies have adopted ProStar’s PointMan precision mapping solution to enhance efficiency and safety. As the adoption of ProStar’s technology increases, the company anticipates significant growth in the coming year.

ProStar’s PointMan Boosts Toronto’s Ontario Line Project

ProStar Holdings Inc.’s PointMan technology has been adopted by Ontario Transit Group for the Ontario Line project, aimed at preventing utility damage during construction. This adoption highlights the growing shift in the construction industry towards digital solutions, as PointMan’s precise geolocation capabilities are crucial for managing underground infrastructure safely and efficiently. The Ontario Line will enhance Toronto’s transit system with 15 new stations, improving travel across the city.