Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 2000 Peel Street, Suite 860 Montreal QC H3A 2W5 |
Tel: | N/A |
Website: | https://www.dundeetechnologies.com/index.aspx |
IR: | See website |
Key People | ||
Jean-Philippe Mai President, Chief Executive Officer, Director | Arved Marin Chief Financial Officer, Corporate Secretary | Jean Paul Tardif Chief Operating Officer |
Business Overview |
Dundee Sustainable Technologies Inc. is engaged in the development and commercialization of technologies for the treatment of materials in the mining industry. Through the development of proprietary processes, the Company extracts precious and base metals from ores, concentrates and tailings, while permanently stabilizing contaminants, such as arsenic, antimony and cadmium. Its main focus is the commercialization of its two processes (the Technologies). As part of the commercialization process, it has branded these technologies as the CLEVR Process (cyanide-free gold extraction) and the GlassLock Process (permanent arsenic sequestration in glass). The CLEVR Process is an advanced process for the extraction of precious and base metals using sodium hypochlorite to provide a cyanide-free alternative for the exploitation of gold deposits. The GlassLock Process is a method for the permanent stabilization of arsenic from numerous sources, such as arsenopyrite, enargite, cobaltite and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Dundee Sustainable Technologies Inc revenues decreased 19% to C$3.1M. Net loss decreased 40% to C$2.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Finance income increase from C$33K to C$1.4M (income), Research and developement decrease from C$693K (expense) to C$209K (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $26.15M as of Dec 31, 2023 |
Annual revenue (TTM): | $3.15M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.10M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.26M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.61M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $19.78M as of Dec 31, 2023 |
Shares outstanding: | 66,695,774 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |