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AMPD Ventures Inc. (C:AMPD)

Business Focus: Cloud Computing Services

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: Suite 210, 577 Great Northern Way
VANCOUVER BC V5T 1E1
Tel: N/A
Website: https://ampd.tech
IR: See website
Key People
N/A    
Business Overview
AMPD Ventures Inc. is a Canada-based supplier of computing solutions to several industry sectors. The Company is building a suite of tools and technologies for digital content creation and distribution. It builds computing and cloud infrastructure to service the needs of companies with low-latency applications, including multiplayer video games and eSports, digital media production, and big data analysis, collection, and visualization. Its products include AMPD METAL, AMPD CLOUD PLUS, and AMPD STORAGE. AMPD METAL is its dedicated bare metal server product. AMPD CLOUD PLUS offers radically simplified and automated cloud infrastructure. AMPD STORAGE provides high-end, mid-tier, and archival storage solutions under a variety of different payment models. Its solutions include AMPD REMOTE RENDER, AMPD VIRTUAL STUDIO, AMPD VIRTUAL PRODUCTION, AMPD STUDIO, and AMPD GAME HOSTING. It provides solutions for animation and visual effects, video games and esports, and next-gen enterprise.
Financial Overview
For the nine months ended 28 February 2023, Ampd Ventures Inc revenues decreased 31% to C$1.6M. Net loss increased 85% to C$7.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Salaries and consulting fees increase of 67% to C$3.4M (expense), Dep of Fin Lease Right-of-Use Assets increase from C$288K to C$1.1M (expense).
Employees: 6 as of Oct 17, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1.34M as of Feb 28, 2023
Annual revenue (TTM): $2.53M as of Feb 28, 2023
EBITDA (TTM): -$6.91M as of Feb 28, 2023
Net annual income (TTM): -$10.46M as of Feb 28, 2023
Free cash flow (TTM): -$6.83M as of Feb 28, 2023
Net Debt Last Fiscal Year: $2.48M as of Feb 28, 2023
Shares outstanding: 120,733,339 as of Jun 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization