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Tokens.com Corp. (V:COIN)

Business Focus: Blockchain & Cryptocurrency (NEC)

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