Sector: Financials | Industry: Banks |
Company Contact | |
Address: | 100 King St., W; T201a CHATHAM ON L4K 4M2 |
Tel: | N/A |
Website: | selectcore.com |
IR: | See website |
Key People | ||
Mohammad Abuleil President, Chief Executive Officer, Director | Yu Zhang Chief Financial Officer |
Business Overview |
Fintech Select Ltd. is a Canada-based company engaged in providing financial payment services. The Company is a provider of robust and disruptive payment solutions, including prepaid card programs, crypto-currency point-of-sale (POS), e-wallet and online payment. It operates through various divisions: Prepaid, Twifty, Selectcoin and Call Center. The Company also operates a 24/7/365 multi-lingual call center that provides customer service support to third party customers in Canada and the United States and to the Company's customers across the platforms. Its corporate and government-facing MasterCard programs include Canada's robust infrastructure, including a large POS footprint that allows consumers to fund their cards. Its Twifty platform offers an online and e-wallet payment solution that specializes in e-commerce processing, corporate disbursements, and remittances. Its Selectcoin platform allows anyone to buy and sell cryptocurrencies through its POS footprint. |
Financial Overview |
For the nine months ended 30 September 2023, Fintech Select Ltd revenues increased 61% to C$3.2M. Net income applicable to common stockholders decreased 72% to C$477K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Gain on settlement of accounts payable decrease from C$2.2M (income) to C$0K, Salaries and Benefits increase of 11% to C$2.3M (expense). |
Employees: | 10 as of Dec 31, 2005 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.99M as of Sep 30, 2023 |
Annual revenue (TTM): | $3.79M as of Sep 30, 2023 |
EBITDA (TTM): | $0.48M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.04M as of Sep 30, 2023 |
Free cash flow (TTM): | $0.05M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 80,049,515 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |