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Deveron Corp. (V:FARM)

Business Focus: Agricultural Consultancy Services

Sector:  Consumer Non-Cyclicals Industry:  Fishing & Farming
 
Company Contact
Address: 82 Richmond Street East, Suite 200
TORONTO ON M5C 1P1
Tel: N/A
Website: https://deveron.com
IR: See website
Key People
David A. Macmillan
President, Chief Executive Officer, Secretary, Director
Akshay Shirodker
Chief Financial Officer
 
Business Overview
Deveron Corp. is an agriculture technology company. The Company uses data and insights to help farmers and agriculture enterprises increase yields, reduce costs and improve farm outcomes. It employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions. It provides a variety of analytical data and field services for the North American agricultural industry. It acquires and operates local farm advisors and soil laboratories, who then leverage the Company's standardized data solutions and technology platforms to grow their businesses. It is a provider of carbon sequestration data, serving various agriculture companies with field and analytical support for their carbon programs. Its vertically integrated soil health and sampling service provides a support package for the carbon program. Additionally, it has a national network of data technicians that are deployed to collect various types of farm data.
Financial Overview
For the three months ended 30 September 2023, Deveron Corp revenues totaled C$7.7M. Net loss totaled to C$6.2M.
Employees: 102 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $63.69M as of Sep 30, 2023
Annual revenue (TTM): $37.13M as of Sep 30, 2023
EBITDA (TTM): -$1.23M as of Sep 30, 2023
Net annual income (TTM): -$16.20M as of Sep 30, 2023
Free cash flow (TTM): -$6.42M as of Sep 30, 2023
Net Debt Last Fiscal Year: $46.04M as of Sep 30, 2023
Shares outstanding: 156,413,687 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization