Sector: Technology | Industry: Online Services |
Company Contact | |
Address: | Suite 1600, 421 7th Avenue S.W. CALGARY AB T2P 4K9 |
Tel: | N/A |
Website: | https://apartmentlove.com |
IR: | See website |
Key People | ||
Trevor Davidson Chairman of the Board, President, Chief Executive Officer, Company Secretary | George Davidson Chief Financial Officer, Director |
Business Overview |
ApartmentLove Inc. is a provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers in more than 30 countries around the world. The Company promotes more than 350,000 daily active homes, apartments, and vacation properties on its network of short-term and long-term rental marketing Websites. It operates multiple Internet listing Websites that promote residential rental homes, apartments, and vacation rentals on behalf of property managers, apartment building owners and operators, private landlords, and hosts across the United States, Canada, Mexico, the Caribbean and elsewhere around the world. Users can view listings on ApartmentLove.com, GottaRent.com, and OwnerDirect.com. Visitors to ApartmentLove.com and GottaRent.com may also contact landlords to schedule viewings and make rental arrangements. OwnerDirect.com, the Company's Short-Term Vacation Rental (STVR) platform, has about 8,611 active listings. |
Financial Overview |
For the nine months ended 30 September 2023, Apartmentlove Inc revenues increased from C$186K to C$584K. Net loss increased from C$998K to C$2.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Selling/General/Admin Expense increase of 53% to C$1.6M (expense), Finance cost increase from C$78K to C$622K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.60M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.66M as of Sep 30, 2023 |
EBITDA (TTM): | -$1.97M as of Sep 30, 2023 |
Net annual income (TTM): | -$3.07M as of Sep 30, 2023 |
Free cash flow (TTM): | -$1.74M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $2.56M as of Sep 30, 2023 |
Shares outstanding: | 77,082,424 as of Apr 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |