Sector: Technology | Industry: Software |
Company Contact | |
Address: | 150 King Street West,, Suite #274 TORONTO ON M5H 1J9 |
Tel: | N/A |
Website: | https://namsys.com |
IR: | See website |
Key People | ||
K. Barry Sparks Executive Chairman of the Board | Jason B. Siemens President, Chief Executive Officer, Director | Christopher Adams Chief Financial Officer |
Christie Gray Chief Operating Officer | Milo Gancarz Chief Information Officer | Leslie T. Gord Corporate Secretary, Independent Director |
Business Overview |
NamSys Inc. offers software solutions for currency management and processing for the banking and merchant industries principally in North America. It offers Cirreon and Currency Controller software subscriptions and hosted services, upgrading license holder's systems, training, consulting and maintenance and product support of legacy systems. Its solutions include smart safe monitoring, cash-in-transit logistics, cash vault management, deposit tracking and online change orders. The Cirreon smart safe is an open, cloud-based digital platform, which helps banks and armored carriers streamline cash management and bridge the daily credit gap for their customers. The Cirreon cash-in-transit logistics lets to map out the logistics of armored carrier's activity in an electronic process. It provides Cirreon Banking to track deposits in detail with simple interfaces, comprehensive reporting, and complete visibility. It serves financial institutions, cash-in-transit, and smart safe industries. |
Financial Overview |
For the fiscal year ended 31 October 2023, NamSys Inc revenues increased 13% to C$6.1M. Net income increased 16% to C$1.6M. Revenues reflect Professional services segment increase of 22% to C$85K, United States segment increase of 11% to C$4.8M, Mexico segment increase of 51% to C$482K. Net income benefited from Interest income increase from C$6K to C$195K (income), Depreciation in SGA decrease of 40% to C$7K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $18.50M as of Oct 31, 2023 |
Annual revenue (TTM): | $6.09M as of Oct 31, 2023 |
EBITDA (TTM): | $2.11M as of Oct 31, 2023 |
Net annual income (TTM): | $1.61M as of Oct 31, 2023 |
Free cash flow (TTM): | $1.65M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 27,075,032 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |