This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q2 2020
Pivot Technology Solutions  TSX PTG OTC PVVTF https://www.pivotts.com/ Fiscal Yr: Dec 31
Year 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS Accounting Rules
Consolidation Date 1-Apr-13 19-Dec-16
Consolidation 8 4
$1,077 <-12 mths -11.56%
Revenue* $0.0 $1,429.6 $1,112.3 $1,198.4 $1,489.0 $1,470.8 $1,511.6 $1,373.6 $1,218.1 $1,106 $1,125 $1,147 -14.79% <-Total Growth 8 Revenue
Increase 0.00% -22.19% 7.74% 24.24% -1.22% 2.77% -9.13% -11.32% -9.20% 1.72% 1.96% -2.26% <-IRR #YR-> 7 Revenue #DIV/0!
5 year Running Average $1,045.9 $1,340.0 $1,356.4 $1,408.7 $1,413 $1,336.0 $1,266.9 $1,194.0 0.33% <-IRR #YR-> 5 Revenue 1.64%
Revenue per Share $102.11 $43.34 $44.54 $34.85 $35.47 $37.58 $34.80 $30.91 $28.94 $29.44 $30.01 7.81% <-IRR #YR-> 4 5 yr Running Average #DIV/0!
Increase -57.56% 2.77% -21.76% 1.79% 5.92% -7.39% -11.19% -6.36% 1.72% 1.96% 7.81% <-IRR #YR-> 4 5 yr Running Average #DIV/0!
5 year Running Average $20.42 $29.09 $38.00 $44.97 $52.06 $39.16 $37.45 $34.72 $33.54 $32.33 $30.82 -15.70% <-IRR #YR-> 7 Revenue per Share #DIV/0!
P/S (Price/Sales) Med 0.04 0.04 0.02 0.04 0.05 0.06 0.05 0.04 0.06 0.00 0.00 -7.05% <-IRR #YR-> 5 Revenue per Share -30.61%
P/S (Price/Sales) Close 0.01 0.02 0.02 0.06 0.05 0.06 0.03 0.05 0.09 0.09 0.09 7.88% <-IRR #YR-> 7 5 yr Running Average #DIV/0!
P/S 10 Year Median  0.04 -1.79% <-IRR #YR-> 5 5 yr Running Average -8.63%
*Revenue in M CDN $  P/S Med 20 yr  0.04 15 yr  0.04 10 yr  0.04 5 yr  0.05 110.89% Diff M/C
-$1,429.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,218.1
-$1,198.4 $0.0 $0.0 $0.0 $0.0 $1,218.1
-$1,045.9 $0.0 $0.0 $0.0 $1,412.6
-$1,045.9 $0.0 $0.0 $0.0 $1,412.6
-$102.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $30.91
-$44.54 $0.00 $0.00 $0.00 $0.00 $30.91
$0.43 <-12 mths 22.86%
EPS Basic -$0.58 -$1.68 -$0.28 $0.04 $0.08 -$0.12 -$0.15 -$0.12 $0.35 160.76% <-Total Growth 8 EPS Basic
EPS Diluted* -$0.14 -$1.68 -$0.28 $0.04 $0.08 -$0.12 -$0.15 -$0.12 $0.35 $0.12 $0.17 $0.36 343.06% <-Total Growth 8 EPS Diluted
Increase -$0.58 -1067% 83.33% 114.29% 100.00% -250.00% -25.00% 20.00% 391.67% -65.71% 41.67% 111.76% #NUM! <-IRR #YR-> 8 Earnings per Share #DIV/0!
Earnings Yield -2.65% -131.25% -38.89% 5.88% 3.77% -7.02% -6.82% -12.50% 21.21% 4.63% 6.56% 13.90% 54.31% <-IRR #YR-> 5 Earnings per Share 775.00%
5 year Running Average -$0.40 -$0.39 -$0.09 -$0.05 $0.01 $0.02 $0.07 $0.18 #NUM! <-IRR #YR-> 4 5 yr Running Average #DIV/0!
10 year Running Average -$0.19 -$0.16 $0.05 #NUM! <-IRR #YR-> 4 5 yr Running Average #DIV/0!
* Diluted ESP per share  E/P 10 Yrs -6.82% 5Yrs -6.82%
$0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.35
-$0.04 $0.00 $0.00 $0.00 $0.00 $0.35
$0.40 $0.00 $0.00 $0.00 $0.01
$0.00 $0.00 $0.00 $0.00 $0.01
Dividend* $0.16 $0.16 Estimate Dividend*
Increase 0.00% 0.00% 0.00% Estimate Increase
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 5 Special Dividends
Dividend* $0.06 $0.16 $0.16 $0.16 $0.16 $0.16 $0.16 $0.16 #DIV/0! <-Total Growth 4 Dividends
Increase 0.00% 166.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1 0 4 Years of data Count P, N
Average Increases 5 Year Running 0.00% 33.33% 33.33% 33.33% 33.33% 33.33% 0.00% 0.00% 33.33% <-Median-> 5 Average Incr 5 Year Running
Dividends 5 Yr Running $0.01 $0.04 $0.08 $0.11 $0.14 $0.16 $0.16 $0.16 #DIV/0! <-Total Growth 4 Dividends 5 Yr Running
Yield H/L Price 3.95% 8.65% 7.58% 9.64% 12.55% 9.25% 8.65% <-Median-> 5 Yield H/L Price
Yield on High  Price 2.46% 7.41% 5.63% 6.69% 9.70% 6.18% 6.69% <-Median-> 5 Yield on High  Price
Yield on Low Price 10.00% 10.39% 11.59% 17.20% 17.78% 18.39% 11.59% <-Median-> 5 Yield on Low Price
Yield on Close Price 2.83% 9.36% 7.27% 16.67% 9.70% 6.18% 6.18% 6.18% 9.36% <-Median-> 5 Yield on Close Price
Payout Ratio EPS 75.00% 0.00% 0.00% 0.00% 45.71% 133.33% 94.12% 44.44% $0.00 <-Median-> 5 DPR EPS
DPR EPS 5 Yr Running 0.00% 0.00% 0.00% 0.00% 1750.00% 1000.00% 216.22% 90.91% $0.00 <-Median-> 5 DPR EPS 5 Yr Running
Payout Ratio CFPS 9.84% 26.81% 57.13% 10.11% 0.00% 0.00% #VALUE! #DIV/0! $0.10 <-Median-> 5 DPR CF
DPR CF 5 Yr Running 0.00% 8.17% 39.06% 36.88% 23.04% 40.25% #VALUE! #DIV/0! $0.23 <-Median-> 5 DPR CF 5 Yr Running
Payout Ratio CFPS WC 12.87% 86.10% 54.26% 73.59% 69.58% 46.22% #VALUE! #DIV/0! $0.70 <-Median-> 5 DPR CF WC
DPR CF WC 5 Yr Running 0.00% 9.59% 19.53% 31.87% 50.21% 62.78% #VALUE! #DIV/0! $0.20 <-Median-> 5 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 8.65% 9.36% 5 Yr Med 5 Yr Cl 8.65% 9.36% 5 Yr Med Payout 0.00% 10.11% 69.58% 7.46% <-IRR #YR-> 4 Dividends #DIV/0!
* Dividends per share  10 Yr Med and Cur. -28.57% -33.98% 5 Yr Med and Cur. -28.57% -33.98% Last Div Inc ---> $0.00 $0.00 #DIV/0! #NUM! <-IRR #YR-> 10 Dividends #DIV/0!
Dividends Growth 15 #NUM! <-IRR #YR-> 15 Dividends #DIV/0!
Dividends Growth 20 #NUM! <-IRR #YR-> 20 Dividends #DIV/0!
Dividends Growth 25 #NUM! <-IRR #YR-> 25 Dividends #DIV/0!
Dividends Growth 5 -$0.12 $0.00 $0.00 $0.00 $0.16 Dividends Growth 5
Dividends Growth 10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.16 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.16 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.16 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.16 Dividends Growth 25
Historical Dividends Historical High Div 17.66% Low Div 3.09% Ave Div 10.38% Med Div 8.65% Close Div 9.36% Historical Dividends
High/Ave/Median Values Curr diff Exp. -65.02% Cheap 99.92% Exp. -40.46% Exp. -28.58% Exp. -33.98% High/Ave/Median 
Future Dividend Yield Div Yd 7.16% earning in 5 Years at IRR of 3.00% Div Inc. 15.93% Future Dividend Yield
Future Dividend Yield Div Yd 6.18% earning in 10 Years at IRR of 0.00% Div Inc. 0.00% Future Dividend Yield
Future Dividend Yield Div Yd 6.18% earning in 15 Years at IRR of 0.00% Div Inc. 0.00% Future Dividend Yield
Yield if held 5 years 1.83% 3.85% 10.39% 20.25% 10.53% 8.65% 7.58% 7.12% <-Median-> 4 Paid Median Price
Yield if held 10 years 1.83% 3.85% #NUM! <-Median-> 0 Paid Median Price
Yield if held 15 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 20 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 30 years
Cost covered if held 5 years 2.52% 9.13% 35.06% 88.61% 52.63% 43.24% 37.91% 22.10% <-Median-> 4 Paid Median Price
Cost covered if held 10 years 11.70% 28.37% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 15 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 20 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 30 years
Graham Number $1.12 $1.12 $1.12 $1.12 $1.28 $1.08 $0.81 $0.92 $1.64 $1.00 $1.19 $1.74 46.67% <-Total Growth 8 Graham Number
Increase 0.00% 0.00% -0.26% 14.88% -15.85% -24.89% 14.06% 77.55% -38.94% 19.02% 45.52% 0.00% <-Median-> 8 Graham Price
Price/GP Ratio Med 7.79 3.72 1.38 0.71 1.19 1.71 2.60 1.80 0.78 1.73 1.71 <-Median-> 9 Price/GP Ratio Med
Price/GP Ratio High 7.86 6.29 2.32 0.97 1.90 2.00 3.50 2.59 1.01 2.58 2.32 <-Median-> 9 Price/GP Ratio High
Price/GP Ratio Low 7.72 1.14 0.43 0.45 0.47 1.43 1.70 1.01 0.55 0.87 1.01 <-Median-> 9 Price/GP Ratio Low
Price/GP Ratio Close 4.86 1.14 0.64 0.61 1.65 1.58 2.71 1.04 1.01 2.58 2.17 1.49 1.14 <-Median-> 9 Price/GP Ratio Close
Prem/Disc Close 386.14% 14.38% -35.66% -39.07% 65.35% 58.49% 171.46% 3.85% 0.53% 158.46% 117.15% 49.22% 14.38% <-Median-> 9 Graham Price
Month, Year 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 29.00 <Count Years> Month, Year
Price Close $8.64 $5.44 $1.28 $0.72 $0.68 $2.12 $1.71 $2.20 $0.96 $1.65 $2.59 $2.59 $2.59 -80.90% <-Total Growth 9 Stock Price
Increase -37.04% -76.47% -43.75% -5.56% 211.76% -19.34% 28.65% -56.36% 71.88% 56.97% 0.00% 0.00% #NUM! <-Median-> 9 CAPE (10 Yr P/E)
P/E Ratio -37.78 -0.76 -2.57 17.00 26.50 -14.25 -14.67 -8.00 4.71 21.58 15.24 7.19 19.40% <-IRR #YR-> 5 Stock Price 142.65%
Trailing P/E Ratio -8.89 -0.43 -2.43 53.00 21.38 -18.33 -6.40 -13.75 7.40 21.58 15.24 -16.80% <-IRR #YR-> 9 Stock Price #DIV/0!
CAPE (10 Yr P/E) -10.16 -10.38 39.58 33.46% <-IRR #YR-> 5 Price & Dividend 245.59%
Median 10, 5 Yrs D.  per yr 2.70% 14.06% % Tot Ret 0.00% 42.03% T P/E -$4.41 -$6.40 P/E:  -$2.57 -$8.00 -14.10% <-IRR #YR-> 9 Price & Dividend #DIV/0!
Price 15 D.  per yr #NUM! % Tot Ret #NUM! CAPE Diff #NUM! #NUM! <-IRR #YR-> 15 Stock Price #DIV/0!
Price  20 D.  per yr #NUM! % Tot Ret #NUM! #NUM! <-IRR #YR-> 20 Stock Price #DIV/0!
Price  25 D.  per yr #NUM! % Tot Ret #NUM! #NUM! <-IRR #YR-> 25 Stock Price #DIV/0!
Price & Dividend 15 #NUM! <-IRR #YR-> 15 Price & Dividend #DIV/0!
Price & Dividend 20 #NUM! <-IRR #YR-> 20 Price & Dividend #DIV/0!
Price & Dividend 25 #NUM! <-IRR #YR-> 25 Price & Dividend #DIV/0!
Price & Dividend 30
Price  5 -$0.68 $0.00 $0.00 $0.00 $0.00 $1.65 Price  5 TD bank
Price 10 -$8.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65 Price 10 POW 30
Price & Dividend 5 -$0.68 $0.06 $0.16 $0.16 $0.16 $1.81 Price & Dividend 5
Price & Dividend 10 -$8.64 $0.00 $0.00 $0.00 $0.00 $0.06 $0.16 $0.16 $0.16 $1.81 Price & Dividend 10 to year 35
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65 Price  25 Price  30
Price & Dividend 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.06 $0.16 $0.16 $0.16 $1.81 Price & Dividend 15 Price  35
Price & Dividend 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.06 $0.16 $0.16 $0.16 $1.81 Price & Dividend 20 Price  40
Price & Dividend 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.06 $0.16 $0.16 $0.16 $1.81 Price & Dividend 25
Price H/L Median $8.72 $4.16 $1.54 $0.79 $1.52 $1.85 $2.11 $1.66 $1.28 $1.73 -85.38% <-Total Growth 8 Stock Price
Increase -52.29% -62.98% -48.70% 92.41% 21.71% 14.05% -21.33% -23.19% 35.69% 10.05% <-IRR #YR-> 5 Stock Price 61.39%
P/E Ratio -60.56 -2.48 -5.50 19.75 19.00 -15.42 -14.07 -13.83 3.64 14.42 -21.36% <-IRR #YR-> 8 Stock Price #DIV/0!
Trailing P/E Ratio -28.89 -0.92 -2.82 38.00 23.13 -17.58 -11.07 -10.63 4.94 24.14% <-IRR #YR-> 5 Price & Dividend 150.00%
P/E on Running 5 yr Average -3.83 -4.72 -24.53 -30.74 159.38 108.13 -17.96% <-IRR #YR-> 8 Price & Dividend #DIV/0!
P/E on Running 10 yr Average -9.09 -5.50 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 14.09% 3.40% % Tot Ret 58.38% -18.95% T P/E -6.72 -10.63 P/E:  -5.50 -13.83 Count 8 Years of data
-$0.79 $0.00 $0.00 $0.00 $0.00 $1.28
-$8.72 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.28
-$0.79 $0.06 $0.16 $0.16 $0.16 $1.44
-$8.72 $0.00 $0.00 $0.00 $0.06 $0.16 $0.16 $0.16 $1.44
High Months Jul Jan Apr Aug Oct Jan Jul Feb Dec Oct
Price High $8.80 $7.04 $2.60 $1.08 $2.44 $2.16 $2.84 $2.39 $1.65 $2.59 -81.25% <-Total Growth 8 Stock Price
Increase -20.00% -63.07% -58.46% 125.93% -11.48% 31.48% -15.85% -30.96% 56.97% 8.85% <-IRR #YR-> 5 Stock Price 52.78%
P/E Ratio -61.11 -4.19 -9.29 27.00 30.50 -18.00 -18.93 -19.92 4.71 21.58 -18.88% <-IRR #YR-> 8 Stock Price #DIV/0!
Trailing P/E Ratio -48.89 -1.55 -3.86 61.00 27.00 -23.67 -15.93 -13.75 7.40 -9.29 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E -8.80 -13.75 P/E:  -9.29 -18.00 30.50 P/E Ratio Historical High
-$1.08 $0.00 $0.00 $0.00 $0.00 $1.65
-$8.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65
Low Months Jun Jun Sep Jan Jan Jun Mar Oct Jan Mar
Price Low $8.64 $1.28 $0.48 $0.50 $0.60 $1.54 $1.38 $0.93 $0.90 $0.87 -89.58% <-Total Growth 8 Stock Price
Increase -85.19% -62.50% 4.17% 20.00% 156.67% -10.39% -32.61% -3.23% -3.33% 12.47% <-IRR #YR-> 5 Stock Price 80.00%
P/E Ratio -60.00 -0.76 -1.71 12.50 7.50 -12.83 -9.20 -7.75 2.57 7.25 -24.63% <-IRR #YR-> 8 Stock Price #DIV/0!
Trailing P/E Ratio -8.89 -0.29 -1.79 15.00 19.25 -11.50 -6.20 -7.50 2.49 -1.71 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E -3.99 -6.20 P/E:  -1.71 -7.75 -60.00 P/E Ratio Historical Low
-$8.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.90
-$25 <-12 mths -263.02%
Free Cash Flow WSJ $27.35 $30.20 $12.04 $77.63 -$2.93 #DIV/0! <-Total Growth 4 Free Cash Flow
Change 10.39% -60.11% 544.56% -103.78% #NUM! <-IRR #YR-> 0 Free Cash Flow MS #DIV/0!
Free Cash Flow $26.00 -$56.00 $27.35 $30.20 $12.04 $82.00 -$7.00 #DIV/0! <-Total Growth 6 Free Cash Flow
Change -315.38% 148.84% 10.39% -60.11% 580.83% -108.54% -34.02% <-IRR #YR-> 5 Free Cash Flow MS 87.50%
FCF/CF from Op Ratio 0.93 1.30 1.05 1.22 1.07 1.31 5.61 #NUM! <-IRR #YR-> 9 Free Cash Flow MS #DIV/0!
Dividends paid $0.00 $0.00 $1.91 $4.80 $4.97 $4.90 $4.78 149.79% <-Total Growth 6 Dividends paid
Percentage paid 6.99% 15.88% 41.29% 5.98% -68.23% $0.07 <-Median-> 5 Percentage paid
5 Year Covrage 14.77% 5 Year Covrage
Dividend Coverage Ratio 14.31 6.30 2.42 16.73 -1.47 6.30 <-Median-> 5 Dividend Coverage Ratio
5 Year of Covereage 6.77 5 Year of Coverage
Long Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Debt
Change 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 9 Change
Debt/Market Cap Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 <-Median-> 9 Debt/Market Cap Ratio
Assets/Current Liabilities Ratio 0.95 1.13 1.14 1.11 1.10 1.07 1.05 1.11 1.09
Goodwill $40.73 $29.73 $29.73 $29.73 $31.11 $45.40 $45.18 $45.32 $61.35 Intangibles Goodwill
Change 0.00% -27.01% 0.00% 0.00% 4.63% 45.94% -0.50% 0.31% 35.38% 0.00% <-Median-> 8 Change
Goodwill/Market Cap Ratio 3.90 3.32 2.89 0.49 0.50 0.38 0.65 0.26 0.17 0.58 <-Median-> 8 Intangible/Market Cap Ratio
Intangibles $69.89 $61.42 $52.97 $43.96 $35.70 $33.40 $24.68 $16.69 $16.92 Intangibles Goodwill
Change 0.00% -12.12% -13.76% -17.01% -18.78% -6.46% -26.10% -32.36% 1.34% -15.39% <-Median-> 8 Change
Intangible/Market Cap Ratio 3.90 3.32 2.89 0.49 0.50 0.38 0.65 0.26 0.17 0.58 <-Median-> 8 Intangible/Market Cap Ratio
Market Cap in $M $1.4 $17.9 $18.5 $18.3 $90.6 $70.9 $88.5 $37.9 $65.0 $99.0 $99.0 $99.0 4681.85% <-Total Growth 8 Market Cap #DIV/0!
Diluted # of Shares in Million 0.25 13.24 29.39 26.91 39.15 42.44 40.61 39.86 40.11 39.34 39.34 39.34 15942.30% <-Total Growth 8 Diluted # of Shares in Million
Change 5194.19% 122.02% -8.44% 45.52% 8.40% -4.30% -1.85% 0.61% -1.91% 0.00% 0.00% 88.65% <-IRR #YR-> 8 Change
Difference Diluted/Basic 0.0% 0.0% 0.0% 0.0% 9.1% 0.0% 0.0% 0.0% -1.4% -1.5% -1.5% -1.5% 8.31% <-IRR #YR-> 5 Difference Diluted/Basic
Change in Diluted Shares per Year
Basic # of Shares in Millions 0.25 13.24 29.39 26.91 42.73 42.44 40.61 39.86 39.55 38.76 38.76 38.76 15718.76% <-Total Growth 8 Basic
Change 5194.19% 122.02% -8.44% 58.80% -0.67% -4.30% -1.85% -0.79% -2.00% 0.00% 0.00% -0.73% <-Median-> 8 Change
Difference Basic/Outstanding 0.00% 5.78% -12.66% 0.00% 0.00% -2.30% -0.95% -0.98% -0.34% -1.40% -1.40% -1.40% -0.34% <-Median-> 9 Difference Basic/Outstanding
-$16.8 <-12 mths -1249%
# of Share in Millions 0.25 14.00 25.66 26.91 42.73 41.463 40.23 39.47 39.41 38.215 38.215 38.215 88.24% <-IRR #YR-> 8 Shares #DIV/0!
Change 5500.00% 83.32% 4.84% 58.80% -2.95% -2.97% -1.88% -0.15% -3.04% 0.00% 0.00% 7.93% <-IRR #YR-> 5 Shares 46.49%
Cash Flow from Operations $M -$31.2 $28.0 $28.0 -$43.2 $26.1 $24.7 $11.3 $62.5 -$1.2 -$16.8 <-12 mths 96.00% <-Total Growth 8 Cash Flow
Increase 189.85% 0.00% -254.20% 160.34% -5.07% -54.46% 454.62% -102.00% -1249% <-12 mths Why increase decrease
5 year Running Average $1.5 $12.7 $9.4 $16.3 $24.7 $16.1 <-12 mths 1498.24% <-Total Growth 4 CF 5 Yr Running
CFPS -$124.69 $2.00 $1.09 -$1.61 $0.61 $0.60 $0.28 $1.58 -$0.03 -$0.44 <-12 mths 99.97% <-Total Growth 8 Cash Flow per Share
Increase 101.60% -45.45% -247.09% 138.00% -2.18% -53.07% 465.25% -102.00% -1291% <-12 mths -33.13% <-IRR #YR-> 8 Cash Flow #DIV/0!
5 year Running Average -$24.52 $0.54 $0.19 $0.29 $0.61 $0.40 <-12 mths -50.79% <-IRR #YR-> 5 Cash Flow 97.11%
P/CF on Med Price -0.07 2.08 1.41 -0.49 2.49 3.10 7.53 1.05 -40.30 -3.93 #NUM! <-IRR #YR-> 8 Cash Flow per Share #DIV/0!
P/CF on Closing Price -0.04 0.64 0.66 -0.42 3.48 2.87 7.86 0.61 -52.15 -5.88 -54.40% <-IRR #YR-> 5 Cash Flow per Share 98.03%
-516.93% Diff M/C #NUM! <-IRR #YR-> 4 CFPS 5 yr Running #DIV/0!
$13.23 <-12 mths 45.97%
Excl.Working Capital CF $0.0 -$19.0 -$16.0 $57.5 -$6.1 -$17.0 $0.6 -$53.9 $10.3 $0.0 <-12 mths #NUM! <-IRR #YR-> 4 CFPS 5 yr Running #DIV/0!
Cash Flow from Operations $M WC -$31.2 $9.0 $12.0 $14.3 $19.9 $7.7 $11.9 $8.6 $9.1 $13.2 <-12 mths 129.07% <-Total Growth 8 Cash Flow less WC
Increase 128.90% 33.52% 18.64% 39.56% -61.31% 53.95% -27.65% 5.60% 45.97% <-12 mths #NUM! <-IRR #YR-> 8 Cash Flow less WC #DIV/0!
5 year Running Average $4.8 $12.6 $13.2 $12.5 $11.4 $10.1 <-12 mths -8.68% <-IRR #YR-> 5 Cash Flow less WC -36.49%
CFPS Excl. WC -$124.69 $0.64 $0.47 $0.53 $0.47 $0.19 $0.29 $0.22 $0.23 $0.35 <-12 mths 24.14% <-IRR #YR-> 4 CF less WC 5 Yr Run #DIV/0!
Increase 100.52% -27.16% 13.17% -12.12% -60.13% 58.67% -26.26% 5.76% 50.55% <-12 mths 24.14% <-IRR #YR-> 4 CF less WC 5 Yr Run #DIV/0!
5 year Running Average -$24.52 $0.46 $0.39 $0.34 $0.28 $0.25 <-12 mths #NUM! <-IRR #YR-> 8 CFPS - Less WC #DIV/0!
P/CF on Median Price -0.07 6.46 3.29 1.49 3.26 9.96 7.16 7.64 5.54 5.00 <-12 mths -15.39% <-IRR #YR-> 5 CFPS - Less WC -56.65%
P/CF on Closing Price -0.04 1.99 1.54 1.28 4.55 9.20 7.46 4.42 7.18 7.48 <-12 mths #NUM! <-IRR #YR-> 4 CFPS 5 yr Running #DIV/0!
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 1.41 5 yr  2.49 P/CF Med 10 yr 5.54 5 yr  7.16 34.93% Diff M/C #NUM! <-IRR #YR-> 4 CFPS 5 yr Running #DIV/0!
$124.69 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.03 Cash Flow per Share
$1.61 $0.00 $0.00 $0.00 $0.00 -$0.03 Cash Flow per Share
$24.52 $0.00 $0.00 $0.00 $0.61 CFPS 5 yr Running
$24.52 $0.00 $0.00 $0.00 $0.61 CFPS 5 yr Running
$31.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $9.1 Cash Flow less WC
-$14.3 $0.0 $0.0 $0.0 $0.0 $9.1 Cash Flow less WC
-$4.8 $0.0 $0.0 $0.0 $11.4 CF less WC 5 Yr Run
-$4.8 $0.0 $0.0 $0.0 $11.4 CF less WC 5 Yr Run
$124.69 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.23 CFPS - Less WC
-$0.53 $0.00 $0.00 $0.00 $0.00 $0.23 CFPS - Less WC
OPM Ratio 1.96% 2.52% -3.60% 1.75% 1.68% 0.75% 4.55% -0.10% -1.52% -105.22% <-Total Growth 7 OPM
Increase 28.52% -243.13% 148.56% -3.90% -55.69% 510.34% -102.25% -1385.84% Should increase  or be stable.
Diff from Median 14.2% 46.7% -310.0% 2.0% -2.0% -56.6% 165.0% -106.0% -188.6% 0.00 <-Median-> 8 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 1.72% 5 Yrs 1.68% should be  zero, it is a   check on calculations
Current Assets $378.3 $269.4 $300.4 $352.8 $387.0 $391.3 $418.7 $324.7 $320.0 $415.6 Liquidity ratio of 1.5 and up, best Quick Ratio
Current Liabilities $37.0 $423.1 $367.7 $417.0 $445.0 $451.5 $494.3 $401.2 $379.0 $494.1 0.85 <-Median-> 9 Ratio
Liquidity Ratio 10.22 0.64 0.82 0.85 0.87 0.87 0.85 0.81 0.84 0.84 0.85 <-Median-> 5 Ratio
Liq. with CF aft div 9.38 0.66 0.85 0.88 0.91 0.87 0.86 0.82 0.85 0.80 0.86 <-Median-> 5 Ratio If Div = 0
Liq. with CF aft div (WC) 9.38 0.66 0.85 0.88 0.91 0.87 0.86 0.82 0.85 0.86
Liq. CF re  Inv+Div  9.38 0.65 0.85 0.72 0.86 0.84 0.83 0.79 0.84 0.85 0.84 <-Median-> 5 Ratio
Bank OverDrf &Deferred Revenue $0.000 $14.181 $32.712 $71.077 $66.942 $80.937 $56.681 $45.992 $44.957 $66.681 $56.7 <-Median-> 5 Ratio
Liquidity Less Deferred Revenue 10.22 0.66 0.90 1.02 1.02 1.06 0.96 0.91 0.96 0.97 0.96 <-Median-> 5 Ratio
Liq. with CF aft div 9.38 0.68 0.93 1.06 1.07 1.06 0.97 0.92 0.97 0.92 0.97 <-Median-> 5 Ratio
Assets $0.378 $402.1 $414.0 $473.8 $496.0 $496.2 $529.8 $421.3 $421.4 $541.0 Debt Ratio of 1.5 and up, best Current Ratio
Liabilities $0.037 $447.7 $378.3 $436.5 $456.9 $467.1 $512.3 $414.1 $405.2 $523.4 1.06 <-Median-> 9 Ratio
Debt Ratio 10.22 0.90 1.09 1.09 1.09 1.06 1.03 1.02 1.04 1.03 1.04 <-Median-> 5 Ratio
Book Value $0.341 -$45.640 $35.709 $37.238 $39.020 $29.091 $17.524 $7.248 $16.198 $17.620 4646.18% <-Total Growth 8 Book Value
NCI $0.000 $0.000 $0.000 $0.000 $0.000 $2.275 $2.844 $2.965 $2.716 $3.407 NCI
Net Book Value $0.341 -$45.640 $35.709 $37.238 $39.020 $26.816 $14.680 $4.283 $13.482 $14.213 $14.213 $14.213 3850.36% <-Total Growth 8 Net Book Value
Book Value per share $1.37 -$3.26 $1.39 $1.38 $0.91 $0.65 $0.36 $0.11 $0.34 $0.37 $0.37 $0.37 -74.94% <-Total Growth 8 Book Value per Share
Increase -338.80% 142.68% -0.53% -34.01% -29.18% -43.58% -70.26% 215.25% 8.73% 0.00% 0.00% 143.45% P/B Ratio Current/Historical Median
P/B Ratio (Median) 6.39 0.00 1.11 0.57 1.66 2.86 5.78 15.30 3.73 4.65 0.00 0.00 2.86 P/B Ratio Historical Median
P/B Ratio (Close) 3.98 -0.39 0.52 0.49 2.32 2.64 6.03 8.85 4.82 6.96 6.96 6.96 -15.89% <-IRR #YR-> 8 Book Value per Share #DIV/0!
Change -110% 231.80% -5.05% 372.46% 13.90% 128.02% 46.75% -45.48% 44.37% 0.00% 0.00% -24.39% <-IRR #YR-> 5 Book Value per Share -75.28%
Median 10 year P/B Ratio 6.39 3.19 1.11 0.84 1.11 1.39 1.66 2.26 2.86 3.29 2.26 2.26
Leverage (A/BK) 1.11 0.00 11.60 12.72 12.71 18.50 36.09 98.37 31.26 38.06 31.26 <-Median-> 5 A/BV
Debt/Equity Ratio 0.11 0.00 10.60 11.72 11.71 17.42 34.90 96.68 30.05 36.82 30.05 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/B Ratios 10 yr Med 2.86 5 yr Med 3.73 143.45% Diff M/C 12.72 Historical Leverage (A/BK)
-$1.37 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.34
-$1.38 $0.00 $0.00 $0.00 $0.00 $0.34
$18.05 <-12 mths 29.98%
Total Comprehensive Income $0.036 -$22.102 -$1.757 $4.256 $3.169 -$4.935 -$5.593 -$4.540 $13.638
NCI $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 -$0.429 -$0.035 -$0.249
Shareholders $0.036 -$22.102 -$1.757 $4.256 $3.169 -$4.935 -$6.022 -$4.575 $13.887 38274.60% <-Total Growth 8 Comprehensive Income
Increase 0.00% -61175% 92.05% 342.23% -25.54% -255.73% -22.03% 24.03% 403.54% -22.03% <-Median-> 5 Comprehensive Income
5 Yr Running Average -$3 -$4 -$1 -$2 $0 110.38% <-IRR #YR-> 8 Comprehensive Income #DIV/0!
ROE 10.6% 0.0% 0.0% 11.4% 8.1% 0.0% 0.0% 0.0% 103.0% 26.68% <-IRR #YR-> 5 Comprehensive Income 226.29%
5Yr Median 8.1% 0.0% 0.0% 0.0% 0.0% #NUM! <-IRR #YR-> 4 5 Yr Running Average #DIV/0!
% Difference from Net Income 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 1.2% #NUM! <-IRR #YR-> 4 5 Yr Running Average #DIV/0!
Median Values Diff 5, 10 yr 0.0% 0.0% 0.0% <-Median-> 5 Return on Equity
-$0.036 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $13.887
-$4.256 $0.000 $0.000 $0.000 $0.000 $13.887
$3.280 $0.000 $0.000 $0.000 $0.305
$3.280 $0.000 $0.000 $0.000 $0.305
Current Liability Coverage Ratio -0.84 0.02 0.03 0.03 0.04 0.02 0.02 0.02 0.02 0.03   CFO / Current Liabilities
5 year Median -0.84 -0.41 0.02 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02 <-Median-> 9 Current Liability Cov Ratio
Asset Efficiency Ratio -8240% 2.24% 2.91% 3.01% 4.02% 1.55% 2.24% 2.04% 2.15% 2.45% CFO / Total Assets
5 year Median -8240% -4119% 2.24% 2.57% 2.91% 2.91% 2.91% 2.24% 2.15% 2.15% 2.2% <-Median-> 9 Return on Assets 
Return on Assets ROA 9.57% -5.50% -0.42% 0.90% 0.64% -1.00% -1.14% -1.09% 3.26% 3.35% Net  Income/Assets Return on Assets
5Yr Median 9.57% 2.03% -0.42% 0.24% 0.64% -0.42% -0.42% -1.00% -1.00% -1.00% -0.4% <-Median-> 9 Asset Efficiency Ratio
Return on Equity ROE 10.60% 0.00% 0.00% 11.43% 8.12% 0.00% 0.00% 0.00% 101.75% 127.50% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 10.60% 5.30% 0.00% 5.30% 8.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.0% <-Median-> 9 Return on Equity
$18.12 <-12 mths 32.10%
Net Income $0.036 -$22.102 -$1.757 $4.256 $3.169 -$4.321 -$5.628 -$4.470 $13.718
NCI $0.000 $0.000 $0.000 $0.000 $0.000 $0.616 $0.429 $0.121 $0.000
Shareholders $0.036 -$22.102 -$1.757 $4.256 $3.169 -$4.937 -$6.057 -$4.591 $13.718 $18.1 <-12 mths 37807.59% <-Total Growth 8 Net Income
Increase -61175% 92.05% 342.23% -25.54% -255.79% -22.69% 24.20% 398.80% 32.10% <-12 mths EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average -$3.28 -$4.27 -$1.07 -$1.63 $0.26 $3.3 <-12 mths 110.06% <-IRR #YR-> 8 Net Income #DIV/0!
Operating Cash Flow -$31.17 $28.01 $28.01 -$43.19 $26.06 $24.74 $11.27 $62.48 -$1.25 26.37% <-IRR #YR-> 5 Net Income 222.32%
Investment Cash Flow $0.00 -$35.52 -$19.41 -$14.77 -$11.18 -$5.08 -$3.34 -$4.83 $18.41 #NUM! <-IRR #YR-> 4 5 Yr Running Average #DIV/0!
Total Accruals $31.21 -$14.60 -$10.35 $62.22 -$11.71 -$24.60 -$13.99 -$62.25 -$3.44 #NUM! <-IRR #YR-> 4 5 Yr Running Average #DIV/0!
Total Assets $0.38 $402.07 $414.05 $473.78 $495.96 $496.18 $529.81 $421.32 $421.40 Balance Sheet Assets
Accruals Ratio 8249.83% -3.63% -2.50% 13.13% -2.36% -4.96% -2.64% -14.77% -0.82% -2.64% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 0.00 -2.61 -0.60 0.08 0.17 -0.65 -0.51 -0.55 1.52 -0.51 <-Median-> 9 EPS/CF Ratio
-$0.036 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $13.718
-$4.256 $0.000 $0.000 $0.000 $0.000 $13.718
$3.280 $0.000 $0.000 $0.000 $0.260
$3.280 $0.000 $0.000 $0.000 $0.260
Change in Close -37.04% -76.47% -43.75% -5.56% 211.76% -19.34% 28.65% -56.36% 71.88% 56.97% 0.00% 0.00% Count 10 Years of data
up/down down down up Count 3 30.00%
Meet Prediction? Yes Yes % right Count 2 66.67%
Financial Cash Flow $0.4 $35.0 -$3.1 $44.5 -$15.4 -$19.5 -$10.9 -$47.6 -$5.2 C F Statement  Financial Cash Flow
Total Accruals $30.8 -$49.6 -$7.2 $17.7 $3.7 -$5.1 -$3.1 -$14.7 $1.8 Accruals
Accruals Ratio 8143.23% -12.34% -1.74% 3.75% 0.75% -1.03% -0.59% -3.48% 0.42% -0.59% <-Median-> 5 Ratio
Cash $0.4 $16.6 $22.0 $8.5 $8.0 $8.2 $5.2 $15.3 $27.3 $12.4 Cash
Cash per Share $1.49 $1.18 $0.86 $0.32 $0.19 $0.20 $0.13 $0.39 $0.69 $0.32 $0.20 <-Median-> 5 Cash per Share
Percentage of Stock Price 27.36% 92.37% 119.16% 46.61% 8.81% 11.50% 5.93% 40.41% 41.94% 12.49% 11.50% <-Median-> 5 % of Stock Price
Notes:
2012. Name change from Acme Capital Corporation
July 2011.  This stock went public on the TSX.
Sector:
Tech
What should this stock accomplish?
Would I buy this company and Why.
Why am I following this stock. 
In a September 2020 Money Letter article, Margaret Samuel of Toronto-based Enriched Investing talks about 4 dividend paying tech stocks to buy.
This is a stock I have not heard of before, so I decided to take a look at it. 
The article is <a href="https://www.adviceforinvestors.com/news/canadian-stocks/4-dividend-paying-technology-stocks-to-buy/" target="_top">here</a>.
Why I bought this stock.
Dividends
Dividends are paid quarterly in Cycle 3 of March, June, September and December  Dividends are declared in one month for shareholders of record of the same month and paid in the next month.
For example, the dividends declared on 14 February 2020 was for shareholders of record of 28 February 2020 paid on 16 March 2020.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers 
For employees 
For community 
For investors 
How they make their money.
Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following 
segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services
55 Renfrew Drive, Suite 200, Markham, ON, CA
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M   Change
Date 2019 Sep 14 2020
Shank, Kevin From Years Div. Gth Tot Ret Cap Gain Div. 0.168 0.43% 0.208 0.54% 23.82%
CEO - Shares - Amount 2014 5 7.46% 33.46% 19.40% 14.06% 33.46% $0.277 $0.539
Options - percentage 2010 9 -14.10% -16.80% 2.70% -14.10% 1.288 3.27% 1.273 3.33% -1.15%
Options - amount $2.125 $3.298
Reuters Options Value 0.000 $0
Toews, David Anthony 0.072 0.18% 0.075 0.20% 4.32%
CFO - Shares - Amount $0.118 $0.194
Options - percentage 0.120 0.30% 0.113 0.30% -5.56%
Options - amount $0.198 $0.294
Coticchia, Wendy Lynn Johnson 0.007 0.02% 0.007 0.02% 0.00%
Officer - Shares - Amount $0.012 $0.019
Options - percentage 0.072 0.18% 0.070 0.18% -2.20%
Options - amount $0.118 $0.181
Moore, Stephen 0.040 0.10% 0.040 0.11% 0.00%
Director - Shares - Amount $0.067 $0.105
Options - percentage 0.114 0.29% 0.105 0.27% -7.64%
Options - amount $0.188 $0.272
Dawe, Wade K. 1.256 3.19% 1.266 3.31% 0.76%
Chairman - Shares - Amt $2.073 $3.279
Options - percentage 0.114 0.29% 0.105 0.27% -8.01%
Options - amount $0.188 $0.272
Increase in O/S Shares 0.080 0.20% 0.175 0.45%
Due to Stock Options $0.132 $0.289
Book Value $0.170 $0.183
Insider Buying -$0.254 -$0.067
Insider Selling $0.000 $0.006
Net Insider Selling -$0.254 -$0.061
Net Selling % of Market Cap -0.39% -0.06%
Directors 7
Women 1 14%
Minorities 0 0%
Institutions/Holdings 10 16.48%
Total Shares Held 6.296 16.48%
Increase/Decrease 3 Mths 2.349 TOP 20 (10), MS
Starting No. of Shares 3.947