ISIG Insignia Systems Dashboard

Insignia Systems, Inc. sells product solutions ranging from in-store to digital advertising. Consumer- packaged goods (CPG) manufacturers and retailers across the country rely on our deep expertise in the dynamic retail environment to provide a full suite of shopper engagement solutions.

Company profile

Ticker

ISIG

Exchange

NASDAQ

Website

www.insigniasystems.com

CEO

Kristine A. Glancy

Incorporated

Minnesota

Location

Minnesota

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Advertising Material Distribution Services

Industry (SIC)

Services - Advertising

Clear Channel Outdoor • Thryv • National Cinemedia • National CineMedia • Angi • Quotient Technology • Travelzoo • Idw Media • Fluent • Meet ...

SEC CIK

0000875355

Corporate docs

Articles of Incorporation & Bylaws

IRS number

411656308

ISIG stock data

S&P 500

1M 1Y 2Y 5Y

News

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11 Communication Services Stocks Moving In Wednesday's After-Market Session

9 Jun 21

Gainers Angi (NASDAQ:ANGI) shares moved upwards by 3.55% to $14.55 during Wednesday's after-market session. At the close, Angi's trading volume reached 15.8K shares. This is 1.01% of its average volume over the last 100 days. The company's market cap stands at $7.3 billion.

Insignia Systems Q1 EPS $(0.38) Down From $(0.07) YoY, Sales $5.40M Up From $4.68M YoY

6 May 21

Insignia Systems (NASDAQ:ISIG) reported quarterly losses of $(0.38) per share. This is a 442.86 percent decrease over losses of $(0.07) per share from the same period last year. The company reported $5.40 million in

Press releases

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Insignia Systems, Inc. Announces First Quarter 2021 Financial Results

6 May 21

MINNEAPOLIS, MN / ACCESSWIRE / May 6, 2021 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the first quarter ended March 31, 2021 ("Q1").OverviewQ1 2021 net

Calendar

7 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart ISIG financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.84M	6.84M	6.84M	6.84M	6.84M	6.84M
Cash burn (monthly)	96.67K	76.42K	569.33K	433.33K	101K	178.33K
Cash used (since last report)	396.22K	313.22K	2.33M	1.78M	413.98K	730.96K
Cash remaining	6.44M	6.52M	4.5M	5.06M	6.42M	6.11M
Runway (months of cash)	66.6	85.4	7.9	11.7	63.6	34.2

Beta Read what these cash burn values mean

Recent insider trades

ISIG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jun 21	Jacob J Berning	Common Stock Equivalent Common Stock	Grant	Aquire A	No	No	8.29	663	5.5K	6,510
30 Jun 21	Chad Bruce Johnson	Common Stock Equivalent Common Stock	Grant	Aquire A	No	No	8.29	512	4.24K	1,236
30 Jun 21	Loren A Unterseher	Common Stock Equivalent Common Stock	Grant	Aquire A	No	No	8.29	663	5.5K	4,518
13 Jun 21	Zackery Weber	Common Stock	Payment of exercise	Dispose F	No	No	7.9	56	442.4	8,135
10 Jun 21	Jacob J Berning	Common Stock	Grant	Aquire A	No	No	0	1,838	0	13,399

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

ISIG institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	15	3	+400.0%
Opened positions	12	2	+500.0%
Closed positions	0	12	EXIT
Increased positions	0	1	EXIT
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	30.89M	34.61M	-10.7%
Total shares	4.31M	4.94M	-12.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
AIRT Air T	3.41M	$21.72M	0.0%
Cable Car Capital	610K	$7.47M	0.0%
Renaissance Technologies	146.21K	$858K	-84.1%
BLK Blackrock	66.99K	$393K	NEW
Geode Capital Management	33.44K	$190K	NEW
Vanguard	17.97K	$105K	NEW
Acadian Asset Management	13.57K	$80K	NEW
Dimensional Fund Advisors	11.42K	$65K	NEW
NTRS Northern Trust	624	$4K	NEW
BAC Bank Of America	307	$2K	NEW

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	146.21K	-775.08K	-84.1%
BLK Blackrock	66.99K	+66.99K	NEW
Geode Capital Management	33.44K	+33.44K	NEW
Vanguard	17.97K	+17.97K	NEW
Acadian Asset Management	13.57K	+13.57K	NEW
Dimensional Fund Advisors	11.42K	+11.42K	NEW
NTRS Northern Trust	624	+624	NEW
BAC Bank Of America	307	+307	NEW
Advisor	71	+71	NEW
UBS UBS Group AG - Registered Shares	66	+66	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

News • Quotient

Risks

COMPETITIVE AND REPUTATIONAL RISKS
We Face Significant Competition
Our Results May Be Dependent on Our CPG Manufacturers’ Continued Use of Our POPS Solution
The Viability of Our POPS Solution and Our Results Are Dependent on Our Ongoing Business Relationships with Retailers
We Have Been, and Are, Party to Significant Litigation
Our Growth Is Dependent on Our Ability to Successfully Develop and Introduce New Solution Offerings that Meet Client Demands
RISKS RELATED TO ECONOMY AND MARKET CONDITIONS
CPG Manufacturers and Retailers May Be Disproportionately Impacted by Changes in Economic Conditions
Current and Future Pandemics Are Likely to Impact Our Business
Our Ability to Attract and Retain Key Employees Is Critical to Our Success
Our Outsourcing Arrangements May Not Yield the Desired Efficiencies Within Our Planned Timeline, If At All
RISKS RELATED TO OUR COMMON STOCK
Our Results of Operations Have Been and May Be Subject to Significant Fluctuations
Investment in Our Stock Could Result in Fluctuating Returns
TECHNOLOGY AND CYBERSECURITY RISKS
We May be Impacted if Our Information Systems Are Attacked

Management Discussion

Net Sales. Net sales for the year ended December 31, 2020 decreased 19.5% to $17,669,000, compared to $21,954,000 for the year ended December 31, 2019.
Service revenues. Service revenues for the year ended December 31, 2020 decreased 15.5% to $17,091,000, compared to $20,229,000 for the year ended December 31, 2019. The decrease was primarily due to a $4,065,000, or 34.5%, decrease in POPS revenue, partially offset by a $927,000, or 11.0%, increase in non-POPS revenue. For the year ended December 31, 2020, the POPS revenue was significantly lower due to decreases in the number of signs placed and average price per sign due to existing competitive pressures and the absence of a significant retailer for the full year. We believe the COVID-19 pandemic also significantly impacted both POPS and non-POPS revenue. COVID-19 has resulted in both reduced and delayed spending on our programs by CPG manufacturers. We will continue to have increased pressure on our POPS business heading into 2021, including the expiration in April 2021 of our 10-year selling agreement with News America Marketing.
Product revenues. Product revenues for the year ended December 31, 2020 decreased 66.5% to $578,000, compared to $1,725,000 for the year ended December 31, 2019. The decrease was primarily due to the August 2020 sale of the custom print business. We do not expect product revenues will be significant in future periods.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2021 Q1