Katipult Technology Corp. (V:FUND)
Business Focus: Enterprise Software
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | 900-903 8th Ave SW CALGARY AB T2P 0P7 |
| Tel: | N/A |
| Website: | https://www.katipult.com |
| IR: | See website |
| Key People | ||
| Gord David Breese President, Chief Executive Officer, Director | Karim Teja Chief Financial Officer | Pheak Meas Head - UX and Design, Director | Brock Murray Head - Global Development, Director |
| Business Overview |
| Katipult Technology Corp. is a Canada-based provider of software infrastructure for powering the exchange of capital in equity and debt markets. The Company's cloud-based platform and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors, and accelerating deal flow. The main business of the Company is to operate as a financial technology provider offering cloud-based software that allows firms to design, set up and operate an investment platform (the Platform). The Platform enables firms to offer debt and real-estate financing, as well as securities on a prospectus-exempt basis, to various types of investors. The Platform automates many components of investor and investment management. The Platform includes modules for various user types, including but not limited to investors, issuers, administrators, and auditors. Its DealFlow Core provides investment dealers with the platform to manage new issue financing. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Katipult Technology Corp revenues increased 34% to C$2.5M. Net loss increased 10% to C$1.8M. Revenues reflect Canada segment increase of 28% to C$1.8M, United States segment increase from C$119K to C$343K. Higher net loss reflects Unrealized (gain) loss on convertible de decrease from C$123K (income) to C$256K (expense), Selling, general, and administrative increase of 12% to C$2M (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $7.26M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2.50M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.88M as of Dec 31, 2023 |
| Net annual income (TTM): | -$1.77M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.75M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $4.75M as of Dec 31, 2023 |
| Shares outstanding: | 71,523,066 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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