Company Quick10K Filing
Sierra Monitor
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 11 $24
10-Q 2019-05-15 Quarter: 2019-03-31
10-K 2019-04-01 Annual: 2018-12-31
10-Q 2018-11-14 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-04-02 Annual: 2017-12-31
10-Q 2017-11-13 Quarter: 2017-09-30
10-Q 2017-08-14 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-22 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-16 Quarter: 2016-03-31
10-K 2016-03-30 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-14 Quarter: 2015-03-31
10-K 2015-03-30 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
10-Q 2014-05-14 Quarter: 2014-03-31
10-K 2014-03-27 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-28 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-10 Quarter: 2012-06-30
10-Q 2012-05-11 Quarter: 2012-03-31
10-K 2012-03-22 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-10 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-03-25 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-12 Quarter: 2010-06-30
10-Q 2010-05-12 Quarter: 2010-03-31
10-K 2010-03-25 Annual: 2009-12-31
8-K 2019-05-20 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Exhibits
8-K 2019-03-29 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2019-01-16 Other Events, Exhibits
8-K 2018-11-01 Other Events, Exhibits
8-K 2018-10-25 Other Events, Exhibits
8-K 2018-10-17 Other Events, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-25 Officers, Amend Bylaw
8-K 2018-07-19 Other Events, Exhibits
8-K 2018-07-19 Other Events, Exhibits
8-K 2018-05-10 Shareholder Vote
8-K 2018-05-07 Earnings, Exhibits
8-K 2018-04-16 Other Events, Exhibits
8-K 2018-03-08 Earnings, Exhibits
8-K 2018-03-02 Other Events, Exhibits
8-K 2018-01-16 Other Events, Exhibits

Sierra Monitor Financials

SRMC Metrics, Comps, Filings

Annual | Quarterly

Business

Sierra Monitor Corporation, a California corporation (the “Company”, “Sierra Monitor”, “we” or “us”), was founded in 1978. The Company addresses the industrial and commercial facilities management market with Industrial Internet of Things (“IIoT”) solutions that target facility automation and facility safety requirements, also referred to as “Connect” and “Protect”.

On March 28, 2019 the Company signed a definitive agreement to be acquired by MSA Safety Incorporated (MSA), a global safety equipment manufacturer. Under terms of the agreement, Sierra Monitor Corporation will become an indirect wholly owned subsidiary of MSA Safety. Upon closing, each issued and outstanding share of SMC common stock (other than shares owned or held in treasury by SMC) will be cancelled and automatically converted into the right to receive $3.25 in cash. Under the Merger Agreement, at the effective time of the Merger, MSA Safety will assume vested or unvested and outstanding SMC stock options and restricted stock awards granted to SMC employees.

Our Sentry IT fire and gas detection solutions target facility safety requirements, and are used by industrial and commercial facilities managers to protect their personnel and assets. The motivation for installing gas detection systems is driven, in part, by industrial safety professionals guided by the United States Occupational Safety and Health Administration, state and local governing bodies, insurance companies and various industry rule-making bodies. The solution consists of proprietary system hardware that runs embedded controller and gateway software, detector modules that sense the presence of various toxic and combustible gases and flames, connectivity between the modules and the controller, and a user interface and applications that a facility manager can interact with, either locally on site or remotely over the Internet. The complex software embedded in the various products facilitates system-wide functions such as calibration, alarm detection, notification, and mitigation. The controller software also includes local web-based applications that simplify management of the complete solution and a gateway to integrate the fire and gas detection solution with the facility's local supervisory system or to Sierra Monitor's device cloud portal. With more than 100,000 detector modules sold, our fire and gas detection solutions are deployed in a variety of facilities, such as oil, gas and chemical processing plants, wastewater treatment facilities, alternate fuel vehicle maintenance garages and other sites where hazardous gases are used or produced. Revenue from gas detection products was approximately 44% of our sales in 2018, compared to 43% in 2017.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
RegeneRx (RGRX) 24,986 0% -18.5 -108% 1,264 3,020 77 0 -1,361 -1,286 23,816
Pharma-Bio Serv (PBSV) 24,957 36% 2.0 19% 26,251 4,460 18,648 6,627 4,951 5,024 10,162
Powerbridge Technologies (PBTS) 24,514 0% 27,768 21,342 0 0 0 0 19,495
Biotricity (BTCY) 24,424 50% -3.2 -789% 1,047 4,312 708 357 -8,261 -8,261 26,560
Invesco DB G10 Currency Harvest Fund (DBV) 24,290 86.3 1% 24,330 20 0 0 280 281 24,267
Metaurus Equity Component Trust (XDIV) 24,128 7.5 13% 24,486 344 0 0 3,153 3,153 23,662
Nexien BioPharma (NTVA) 24,080 -5.6 -1,384% 311 45 0 0 -4,301 -4,301 23,933
Lifeloc Technologies (LCTC) 23,928 46% 25.1 4% 8,782 2,369 8,513 3,901 378 907 22,783
Sierra Monitor (SRMC) 23,849 78% 32.4 1% 11,778 2,813 17,068 13,240 160 666 21,593
Znergy (ZNRG) 23,572 14% -7.3 -336% 1,025 1,831 1,222 173 -3,443 -3,234 23,566
Draper Oakwood Technology Acquisition (DOTA) 23,547 -218.6 -0% 58,936 53,936 0 0 -160 -108 23,539
BioCardia (BCDA) 23,463 -7% -1.6 -538% 2,716 4,952 489 -33 -14,601 -14,508 22,946
BlackRidge Technology (BRTI) 23,351 95% -1.6 -242% 10,714 18,887 367 349 -25,888 -14,352 23,473
Barington/Hilco Acquisition (BHAC) 23,189 -6.7 -22% 9,481 4,481 0 0 -2,081 -2,081 13,844
Provectus Biopharmaceuticals (PVCT) 23,094 -3.6 -261% 2,718 23,684 0 0 -7,105 -6,028 21,770
Nukkleus (NUKK) 23,049 2% -46.5 -136% 324 1,307 19,200 300 -439 -495 23,040
Astro Aerospace (ASDN) 23,044 -3.0 850,352,200% 0 0 -8,504 -7,751 23,019
Trident Brands (TDNT) 22,618 27% -2.9 -186% 5,394 24,698 2,613 696 -10,055 -7,166 20,964
Cincinnati Bancorp (CNNB) 22,616 2.3 1% 206,334 182,814 0 0 2,248 5,006 11,468

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1,2122,3063,4223,3404,8834,6933,1922,964
Accounts Receivable1,6481,9131,9442,5722,5832,5033,2552,342
Inventory3,9182,9952,7412,8972,8422,4443,1384,234
PP&E4002902,009277227168252366
Assets7,9198,3769,49710,13311,43710,90410,65010,963
Accounts Payable9197146898149798259761,110
Long-Term Debt
Liabilities1,8591,1231,1361,4981,9461,5431,7311,996
Stockholders' Equity6,0617,2538,3618,6359,4919,3618,9198,967
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue15,52918,75918,34519,33020,32419,18419,77022,075
Cost of Revenue6,3418,3187,6298,3848,1828,1538,0128,980
Gross Profit9,18810,44110,71610,94712,14211,03211,75813,095
R&D2,2052,1682,1562,3012,3702,9513,0733,159
SG&A5,5466,3186,3417,8818,1378,0068,4449,593
Tax56975980637365424439175
Net Income8691,1961,353311888-91-378170
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-621,3711,8597082,315344-900655
Cash Investing-371-177-403-399-378-120-237-474
Cash Financing0-100-341-391-393-415-364-408