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Dundee Sustainable Technologies Inc. (C:DST)

Business Focus: Nonferrous Metal Processing

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