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Darelle Online Solutions Inc. (V:DAR)

Business Focus: Casinos & Gaming (NEC)

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
 
Company Contact
Address: 4610 Sheridan Ridge
NANAIMO BC V9V 1H9
Tel: N/A
Website: N/A
IR: N/A
Key People
Dean Bethune
President, Chief Executive Officer, Director
Scott Hamilton
Chief Financial Officer, Director
Kyle G. Kotapski
President - DMI
Business Overview
Darelle Online Solutions Inc. is a Canada-based company, which is focused on making the delivery and management of online or hybrid raffles and 50-50 draws simple. The Company provides an online raffle lottery system to charities. Its online raffle program enables charitable and nonprofit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. darelle.com is the Company's online raffle platform. Its subsidiary is Darelle Media Inc.
Financial Overview
For the six months ended 29 February 2024, Darelle Online Solutions Inc revenues increased 82% to C$38K. Net loss increased 20% to C$93K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Management fees increase of 28% to C$77K (expense), Professional fees increase of 86% to C$22K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $0.35M as of Feb 29, 2024
Annual revenue (TTM): $0.07M as of Feb 29, 2024
EBITDA (TTM): -$0.16M as of Feb 29, 2024
Net annual income (TTM): -$0.16M as of Feb 29, 2024
Free cash flow (TTM): -$0.01M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 73,708,147 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization