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DelphX Capital Markets Inc. (V:DELX)

Business Focus: Financial Technology (Fintech) (NEC)

Sector:  Technology Industry:  Financial Technology (Fintech)
 
Company Contact
Address: 15 Prince Arthur Avenue
TORONTO ON M5R 1B2
Tel: N/A
Website: https://delphx.com
IR: See website
Key People
Patrick Wood
President, Chief Executive Officer, Director
Simon Selkrig
Chief Financial Officer
Alexander Gordon Jardin
Chief Actuary and Risk Officer, Director
Stephen M. Gledhill
Company Secretary
   
Business Overview
DelphX Capital Markets Inc. is a Canada-based technology and financial services company. The Company is focused on developing and distributing of structured products. Its principal business activity is to develop a global facility for transparent offering, purchase, sale, collection and storage of certain fixed income securities and derivatives, and to manage data, research, analytics and valuations of such instruments. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of returns. Its securities enable dealers' structure, sell and make markets in Collateralized put options (CPOs) that provide rating change protection for underlying corporate bonds and collateralized reference notes (CRNs) that enable hedge funds and others to take on rating downgrade exposure of an underlying corporate bond in exchange for attractive returns.
Financial Overview
For the nine months ended 30 September 2023, Delphx Capital Markets Inc revenues was not reported. Net loss decreased 41% to C$1.9M. Lower net loss reflects Legal and regulatory decrease of 86% to C$154K (expense), Administration decrease of 44% to C$1M (expense), Depreciation decrease from C$143K (expense) to C$0K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $15.16M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$3.30M as of Sep 30, 2023
Net annual income (TTM): -$3.34M as of Sep 30, 2023
Free cash flow (TTM): -$2.04M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 154,659,573 as of Mar 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization