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Geekco Technologies Corporation (V:GKO)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: 620-1600A boul. Saint-Martin Est
LAVAL QC H7G 4R8
Tel: N/A
Website: N/A
IR: N/A
Key People
Henri Harland
Chairman of the Board
Xavier Harland
Chief Financial Officer
 
Business Overview
Geekco Technologies Corporation is a Canada-based company. The Company's business activities consist in developing and operating mobile applications. The Company's FlipNpik application is a collaborative social network that aims to promote local shopping, thereby contributing to the improvement of local economy and to reward valuable contributions to all active users. The FlipNpik ecosystem and mobile application leverage the community of consumers, content creators and influencers to stimulate local shopping and boost the visibility of local businesses. In exchange, active users who create and share digital content within the platform receive Social Flips that they can use to earn rewards and/or goods from strategic partners and local businesses.
Financial Overview
For the nine months ended 30 September 2023, Geekco Technologies Corp revenues decreased 56% to C$27K. Net loss increased 19% to C$2.7M. Revenues reflect Royalty decrease of 64% to C$22K. Higher net loss reflects Amortization and depreciation increase of 10% to C$323K (expense), Balancing Item - Pretax Income remaining flat at C$0K. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.06 to -C$0.07.
Reporting Currency: Canadian Dollars
Enterprise value: $5.36M as of Dec 31, 2023
Annual revenue (TTM): $0.05M as of Dec 31, 2023
EBITDA (TTM): -$0.36M as of Dec 31, 2023
Net annual income (TTM): -$3.34M as of Dec 31, 2023
Free cash flow (TTM): -$0.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.74M as of Dec 31, 2023
Shares outstanding: 60,096,273 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization