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Braille Energy Systems Inc. (V:BES)

Business Focus: Automotive Batteries

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts
See Regulatory Filings on SEDAR
Company Contact
Address: 945 Princess Street, Box 117
Tel: 1-858-2297063
IR: See website
Key People
Jeffrey York
Chairman of the Board
Lindsay Weatherdon
President, Chief Executive Officer, Director
Judith Mazvihwa-maclean
Chief Financial Officer
Business Overview
Braille Energy Systems Inc, formerly Mincom Capital Inc, is a Canada-based battery-manufacturing and energy storage company. It supplies batteries to the motor sports industry and battery systems for the transportation market. The Company has manufacturing facilities in North America.
Financial Overview
For the nine months ended 30 June 2021, BrailleEnergy Systems Inc revenues increased 24% to C$2.6M. Netloss applicable to common stockholders decreased 33% toC$342K. Revenues reflect an increase in demand for theCompany's products and services due to favorable marketconditions. Lower net loss reflects Other expenses decreaseof 75% to C$69K (expense), Depreciation of right of useasset Note decrease of 67% to C$42K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $26.51M as of Jun 30, 2021
Annual revenue (TTM): $3.45M as of Jun 30, 2021
EBITDA (TTM): -$0.07M as of Jun 30, 2021
Net annual income (TTM): -$0.30M as of Jun 30, 2021
Free cash flow (TTM): -$0.47M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 80,939,748 as of Jul 20, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization