Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

BlockchainK2 Corp. (V:BITK)

Business Focus: Blockchain Technology (Software)

Sector:  Technology Industry:  Blockchain & Cryptocurrency
 
Company Contact
Address: 400-837 West Hastings Street
VANCOUVER BC V6C 3N6
Tel: N/A
Website: https://blockchaink2.com
IR: See website
Key People
N/A    
Business Overview
BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company's portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, and influencer paradigm. The IRecover Inc. offers an online substance abuse education and support for middle, high school, and college students. The Real Blocks is a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. Standard Power provides Digital Infrastructure as a Service to advanced data processing companies such as those focusing on blockchain mining and performance computing applications.
Financial Overview
For the three months ended 31 December 2023, Blockchaink2 Corp revenues decreased from C$14K to C$0K. Net loss decreased 63% to C$62K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Salaries decrease from C$44K (expense) to C$0K, Directors fees decrease of 50% to C$41K (expense), General and Administrative decrease from C$12K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $12.28M as of Dec 31, 2023
Annual revenue (TTM): $0.02M as of Dec 31, 2023
EBITDA (TTM): -$0.24M as of Dec 31, 2023
Net annual income (TTM): -$0.21M as of Dec 31, 2023
Free cash flow (TTM): -$0.15M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.47M as of Dec 31, 2023
Shares outstanding: 26,326,414 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization