BIGG Digital Assets Inc. (C:BIGG)
Business Focus: Blockchain & Cryptocurrency (NEC)
| Sector: Technology | Industry: Blockchain & Cryptocurrency |
| Company Contact | |
| Address: | Suite 1220 - 1130 West Pender Street VANCOUVER BC V6E 4A4 |
| Tel: | N/A |
| Website: | https://blockchaingroup.io |
| IR: | See website |
| Key People | ||
| Lance Morginn Chairman of the Board, President | Daniel Reitzik Interim Chief Executive Officer | Kim Evans Chief Financial Officer, Director |
| Business Overview |
| BIGG Digital Assets Inc. owns, operates, and invests in crypto businesses. The Company is engaged in investing in products and companies within the cryptocurrency industry. Its segments include Netcoins Inc. (Netcoins), Blockchain Intelligence Group and TerraZero Technologies Inc. (TerraZero). Blockchain Intelligence Group is a digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. Netcoins offers safe and secure crypto trading in Canada and the United States of America. Netcoins is in the business of developing brokerage and exchange software to make the purchase and sale of crypto assets easy for the mass consumer and investor with a focus on compliance, transparency, and safety. TerraZero is a vertically integrated Metaverse development company and Web3 technology company. TerraZero owns digital real estate for brands. It offers business, government, and law enforcement clients a suite of forensic solutions and advanced analytics. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, BIGG Digital Assets Inc revenues decreased 13% to C$6.5M. Net loss decreased 75% to C$11.1M. Revenues reflect Blockchain segment decrease of 26% to C$1.5M, Netcoins segment decrease of 8% to C$5M, Canada segment decrease of 7% to C$5.2M, United States segment decrease of 31% to C$629K. Lower net loss reflects Unrealized gain (loss) on digital curren increase from C$9.7M (expense) to C$6.3M (income). |
| Employees: | 28 as of Dec 31, 2019 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $50.81M as of Dec 31, 2023 |
| Annual revenue (TTM): | $6.49M as of Dec 31, 2023 |
| EBITDA (TTM): | -$15.14M as of Dec 31, 2023 |
| Net annual income (TTM): | -$11.07M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$10.18M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 355,230,820 as of Mar 13, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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