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Katipult Technology Corp. (V:FUND)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEDAR
Company Contact
Address: 777 Hornby St Suite 600
VANCOUVER BC V6Z 1S4
Tel: N/A
Website: https://www.katipult.com
IR: See website
Key People
Marcus Shapiro
Chairman of the Board
Brock Murray
President, Chief Executive Officer, Director
Karim Teja
Chief Financial Officer
Doug McLean
Chief Technology Officer
Ben Cadieux
Chief Information Officer
Pheak Meas
Chief Products Officer, Director
Michael D. Sharpe
Board Secretary
   
Business Overview
Katipult Technology Corp, formerly Deha Capital Corp, is a Canada-based financial technology company. The Company offers an investment software for private capital markets. Katipult Technology Corp offers a cloud-based software infrastructure on a white label basis that allows client firms to design, set up, and operate their own branded investment platform across multiple distribution channels, such as: Website, mobile, and social media. Businesses deploying the Katipult platform are operating in over 20 regulatory environments to grow investor networks, efficiently manage investors, and streamline deal-flow administration in the areas of equities, debt and real estate. Katipult's solutions include: Investor Management, Peer to Peer Lending, Investment Crowdfunding, Secondary Markets and BlockChain.
Financial Overview
For the three months ended 31 March 2020, Katipult Technology Corp revenues decreased 22% to C$360K. Net loss increased from C$319K to C$728K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other income decrease of 98% to C$3K (income), Selling, general, and administrative increase of 5% to C$517K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $20.69M as of Mar 31, 2020
Annual revenue (TTM): $1.51M as of Mar 31, 2020
EBITDA (TTM): -$1.43M as of Mar 31, 2020
Net annual income (TTM): -$0.72M as of Mar 31, 2020
Free cash flow (TTM): -$0.85M as of Mar 31, 2020
Net Debt Last Fiscal Year: $1.18M as of Mar 31, 2020
Shares outstanding: 68,633,663 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization