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Global Compliance Applications Corp. (C:APP)

Business Focus: Application Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: Suite 830, 1100 Melville St.
PO Box 43
VANCOUVER BC V6E 4A6
Tel: N/A
Website: https://globalcompliance.app
IR: See website
Key People
N/A    
Business Overview
Global Compliance Applications Corp. is a Canada-based company, which is engaged in designing and developing blockchain technologies and machine learning solutions. The Company's solution, Efixii, is an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer- 2's, such as Polygon. It can connect each participant with product producers, distributors, manufacturers and retailers through a series of value chain decentralized applications (dApps) that allow for data connectivity to drive consumer experiences and sales. It created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of environmental, social and governance (ESG) merit badges. The Company works in various agricultural industries providing a value-added blockchain offering through a software as a service (SaaS) licensing model.
Financial Overview
For the six months ended 31 December 2023, Global Compliance Applications Corp revenues increased 8% to C$4K. Net loss decreased 25% to C$761K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Consulting fees decrease of 40% to C$371K (expense), IT costs decrease of 98% to C$2K (expense), Marketing decrease of 95% to C$4K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.64M as of Dec 31, 2023
Annual revenue (TTM): $0.01M as of Dec 31, 2023
EBITDA (TTM): -$1.98M as of Dec 31, 2023
Net annual income (TTM): -$1.91M as of Dec 31, 2023
Free cash flow (TTM): -$0.22M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.55M as of Dec 31, 2023
Shares outstanding: 276,911,059 as of Apr 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization