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 |