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ISIG Insignia Systems

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
CEO
Kristine A. Glancy
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
411656308

ISIG stock data

(
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Calendar

11 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 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) 7.13M 7.13M 7.13M 7.13M 7.13M 7.13M
Cash burn (monthly) (positive/no burn) 31.83K 307.67K 383.42K (positive/no burn) 131.67K
Cash used (since last report) n/a 109.62K 1.06M 1.32M n/a 453.42K
Cash remaining n/a 7.02M 6.07M 5.81M n/a 6.67M
Runway (months of cash) n/a 220.5 19.7 15.1 n/a 50.7

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
31 Mar 21 Jacob J Berning Common Stock Equivalent Common Stock Grant Aquire A No No 5.87 936 5.49K 5,848
31 Mar 21 Chad Bruce Johnson Common Stock Equivalent Common Stock Grant Aquire A No No 5.87 724 4.25K 724
31 Mar 21 Loren A Unterseher Common Stock Equivalent Common Stock Grant Aquire A No No 5.87 936 5.49K 3,856
22 Dec 20 Loren A Unterseher Common Stock Grant Aquire A No No 0 17,504 0 58,897

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 3 3
Opened positions 0 2 EXIT
Closed positions 0 12 EXIT
Increased positions 0 1 EXIT
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 34.61M 34.61M
Total shares 4.94M 4.94M
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%
Renaissance Technologies 921.28K $5.42M 0.0%
Cable Car Capital 610K $7.47M 0.0%
Largest transactions
Shares Bought/sold Change
AIRT Air T 3.41M 0 0.0%
Renaissance Technologies 921.28K 0 0.0%
Cable Car Capital 610K 0 0.0%

Financial report summary

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Competition
FsiNewsQuotient
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
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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