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Mobio Technologies Inc. (V:MBO)

Business Focus: Social Media & Networking

Sector:  Technology Industry:  Online Services
 
Company Contact
Address: 204 - 1080 Mainland Street
VANCOUVER BC V6B 2T4
Tel: N/A
Website: https://www.mobio.net
IR: See website
Key People
Laurie Anthony Baggio
President, Chief Executive Officer, Director
Vladislav Pasko
Chief Financial Officer
 
Business Overview
Mobio Technologies Inc. is a Canada-based company. The Company's primary line of business is Strutta.com Media Inc. (Strutta), a social promotions platform that allows brands to run contests and sweepstakes across multiple social Web channels. Strutta's Promotions application programming interface (API) provides a technology platform that facilitates social media competitions and campaigns for global brands. It also owns Twenty Year Media, which is a media and technology company developing advanced technologies for the entertainment and motion picture sector. Twenty Year Media owns and operates Emerging Pictures, a United States-based all-digital film and alternative content distribution network. In addition, the Company invests in business-to-business (B2B) software-as-a-service (SaaS) companies and early-stage seed funds.
Financial Overview
For the six months ended 31 January 2024, Mobio Technologies Inc revenues decreased 36% to C$3K. Net loss increased 99% to C$274K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Personnel increase from C$30K to C$102K (expense), Professional fees increase of 96% to C$95K (expense), Interest expense increase of 53% to C$46K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.86M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.33M as of Jan 31, 2024
Net annual income (TTM): -$0.41M as of Jan 31, 2024
Free cash flow (TTM): -$0.35M as of Jan 31, 2024
Net Debt Last Fiscal Year: $0.88M as of Jan 31, 2024
Shares outstanding: 42,583,260 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization