Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | 3400 One First Canadian Place 100 King Street West TORONTO ON M5X 1A4 |
Tel: | N/A |
Website: | https://www.tokens.com |
IR: | See website |
Key People | ||
Andrew Kiguel Chief Executive Officer, Director | Martin Bui Chief Financial Officer | Eric Abrahams Chief Operating Officer | Jonathan Okihiro Chief Investment Officer |
Business Overview |
Tokens.com Corp. is a technology holding company that also owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names. The Company operates the technology that secures blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications (which are built on top of blockchains). It operates through crypto staking segment. The staking operations occur within Tokens.com, which is a wholly owned subsidiary of the Company. Crypto staking is the process of validating blocks for a blockchain, during which the Company is rewarded for maintaining ownership of the related tokens. |
Financial Overview |
For the three months ended 31 December 2023, Tokens.com Corp revenues increased 44% to $219K. Net income totaled $2.1M vs. loss of $1.6M. Revenues reflect Staking revenue increase from $40K to $165K. Net Income reflects Gain (loss) on revaluation of digital as increase from $1.3M (expense) to $2.6M (income), Gain (loss) on disposition of digital as increase from $102K (expense) to $94K (income). |
Employees: | 4 as of Sep 30, 2014 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $13.38M as of Dec 31, 2023 |
Annual revenue (TTM): | $1.10M as of Dec 31, 2023 |
EBITDA (TTM): | -$4.56M as of Dec 31, 2023 |
Net annual income (TTM): | -$8.09M as of Dec 31, 2023 |
Free cash flow (TTM): | -$3.29M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 119,761,592 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |