Sector: Industrials | Industry: Heavy Machinery & Vehicles |
Company Contact | |
Address: | 7541 Conway Ave BURNABY BC V5E 2P7 |
Tel: | 1-604-5669895 |
Website: | https://www.cleanseedcapital.com |
IR: | See website |
Key People | ||
Graeme Lempriere Chairman of the Board, Chief Executive Officer | Colin M. Rush President, Chief Operating Officer, Director | Steven Brassard Chief Financial Officer, Corporate Secretary |
Business Overview |
Clean Seed Capital Group Ltd. is a Canada-based company, which is the creator of SMART Seeder technology, as well as additional complementary technologies. The Company creates, designs and develops its portfolio of intellectual property into smart technologies that balance the productivity and sustainability of the seeding operation. It operates in the precision seeding and planting segment of the agricultural industry. Its SMART Seeder technology contributes to the global farming community's ability to meet future agricultural crop production demands in an environmentally focused manner. It designs its SMART Seeding technology to create a farmer-driven rethink of existing air seeding and planting equipment products in the marketplace. With its SMART Seeder technology, farmers and their agronomists can apply high-resolution prescriptions that place optimal amounts of seed, fertilizer and amendments inside each and every furrow at each ground contact (opener) point across the field. |
Financial Overview |
For the nine months ended 31 March 2023, Clean Seed Capital Group Ltd revenues decreased from C$1.3M to C$0K. Net loss increased from C$1.4M to C$2.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Research and development increase of 69% to C$226K (expense), Premises increase from C$63K to C$150K (expense), Interest increase of 20% to C$319K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $12.36M as of Mar 31, 2023 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2023 |
EBITDA (TTM): | -$2.28M as of Mar 31, 2023 |
Net annual income (TTM): | -$4.12M as of Mar 31, 2023 |
Free cash flow (TTM): | -$1.63M as of Mar 31, 2023 |
Net Debt Last Fiscal Year: | $5.59M as of Mar 31, 2023 |
Shares outstanding: | 95,056,869 as of Oct 23, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |