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Gratomic Inc. (V:GRAT)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 22 Adelaide Street West, Suite 3600
TORONTO ON M5H 4E3
Tel: N/A
Website: https://gratomic.ca
IR: See website
Key People
Bruno Baillavoine
Executive Chairman of the Board
Arno Brand
President, Chief Executive Officer, Director
Stephen Woodhead
Chief Financial Officer
Armando Farhate
Chief Operating Officer, Director
Karl Trudeau
Director, Head of Namibian Operations
 
Business Overview
Gratomic Inc. is a Canada-based junior exploration company that is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia. The Company is focused on supplying graphite. The Company's projects include Buckingham Graphite property, Aukam Graphite Project, Capim Grosso, and Jacobina & Igrapiuna Graphite Projects. The Buckingham Graphite property covers approximately 480 hectares in eight claim blocks and is located seven kilometers (km) northwest of Buckingham, Quebec, Canada. The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property is comprised of exclusive prospecting licenses (EPL) 3895, EPL 6710, EPL 7512 and EPL 7513 that cover an area of 141,600 hectares in the Karas region of southern Namibia. Capim Grosso is situated at the center east portion of the Bahia province, approximately 280 km from the port of Salvador, at the province capital, and 166km from Feira de Santana.
Financial Overview
For the nine months ended 30 September 2023, Gratomic Inc revenues was not reported. Net loss decreased 36% to C$3.8M. Lower net loss reflects Share-based compensation decrease from C$1.1M (expense) to C$0K, Consulting decrease of 57% to C$663K (expense), Office and other decrease of 46% to C$639K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $24.25M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$5.13M as of Sep 30, 2023
Net annual income (TTM): -$6.05M as of Sep 30, 2023
Free cash flow (TTM): -$5.54M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.63M as of Sep 30, 2023
Shares outstanding: 200,260,817 as of Jan 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization