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Global Cannabis Applications Corp. (C:APP)

Business Focus: Application Software

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Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 830
PO Box 43
VANCOUVER BC V6E 4A6
Tel: N/A
Website: cannappscorp.com
IR: See website
Key People
N/A    
Business Overview
Global Cannabis Applications Corp, formerly Fundamental Applications Corp, is a Canada-based designer, developer, marketer and acquirer of innovative mobile applications. Its applications, used in approximately 25 countries, facilitate the evolution of conversation by like-minded people in a digital environment. The Company is managed by digital industry experts and is focused on global expansion and providing user experience in each target market. Its mobile platform Citizen Green is a platform dedicated to the digital world for all things cannabis; its mobile platform Foro is a peer-to-peer mobile ecommerce student marketplace; its mobile platform Opinit is an application that enables users to socially share their favorite online sentiment driven content; its mobile platform Truth is a one-to-one anonymous messaging application.
Financial Overview
For the six months ended 31 December 2018, Global Cannabis Applications Corp revenues was not reported. Net loss applicable to common stockholders increased 69% to C$3M. Higher net loss reflects Consulting fees increase of 84% to C$1.2M (expense), Research and development costs increase from C$83K to C$529K (expense), Marketing increase of 87% to C$729K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $7.88M as of Dec 31, 2018
Annual revenue (TTM): $0.00M as of Dec 31, 2018
EBITDA (TTM): -$6.72M as of Dec 31, 2018
Net annual income (TTM): -$6.70M as of Dec 31, 2018
Free cash flow (TTM): -$4.78M as of Dec 31, 2018
Net Debt Last Fiscal Year: $0.31M as of Dec 31, 2018
Shares outstanding: 95,665,269 as of Feb 1, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization