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Fandifi Technology Corp. (C:FDM)

Business Focus: Mobile Application Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: Suite 830, 1100 Melville Street
VANCOUVER BC V6E 4A6
Tel: N/A
Website: https://fandifi.com
IR: See website
Key People
Philip Chen
Chairman of the Board
David Vinokurov
President, Chief Executive Officer, Director
Lyle Strachan
Chief Financial Officer
Business Overview
Fandifi Technology Corp. is a Canada-based crowd based and system generated prediction fan engagement platform. The Company's primary business is the development and monetization of the Company's all ages prediction and wagering Esports Entertainment Platform for engaging fans on mobile applications. The Company's segments include Canada, Curacao, and Cyprus. It provides a platform for content creators to increase fan engagement and create new streams. Their platform, called Fandifi, uses a neural network for predictions in events such as esports, sports, live-streamed broadcasts, and more. The Fandifi platform allows content creators to increase the gamification of their content and engage their communities regardless of the form of distribution. The platform's product is a prediction engine, which facilitates real-time predictions in various events, helping content creators to extend peak viewership metrics.
Financial Overview
For the nine months ended 31 October 2023, Fandifi Technology Corp revenues was not reported. Net loss applicable to common stockholders decreased 37% to C$1.6M. Lower net loss reflects Platform development costs decrease of 64% to C$350K (expense), Consulting and management fees decrease of 26% to C$609K (expense), Legal and audit decrease of 52% to C$69K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$2.33M as of Oct 31, 2023
Net annual income (TTM): -$2.65M as of Oct 31, 2023
Free cash flow (TTM): -$1.41M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 82,105,133 as of Oct 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization