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ThreeD Capital Inc. (C:IDK)

Business Focus: Venture Capital

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 130 Spadina Ave Suite 401
TORONTO ON M5V 2L4
Tel: N/A
Website: https://threedcapital.com
IR: See website
Key People
Sheldon Inwentash
Chairman of the Board, Chief Executive Officer
Lynn Chapman
Chief Financial Officer, Company Secretary
Jakson Samuel Inwentash
Vice President - Investments, Director
Business Overview
ThreeD Capital Inc. is a Canada-based venture capital company. The Company is focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. Its investment strategy is to invest in multiple private and public companies across a variety of sectors globally. It seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company's ecosystem. It provides investors with significant exposure to ground floor opportunities in small cap stocks in their early stages and in disruptive industries, such as electric vehicles, blockchain, artificial intelligence (AI)/ machine learning, Internet of Things (IoT), junior resources and biotechnology. It has an investment in TODAQ Micro Inc., which allows businesses and customers to complete micropayments.
Financial Overview
For the six months ended 31 December 2023, ThreeD Capital Inc revenues increased from -C$10.4M to C$3.7M. Net income totaled C$2.2M vs. loss of C$11.7M. Revenues reflect Net change in unrealized gains (losses) increase from -C$13.5M to C$738K, Net change in unrealized gains (losses) increase of 98% to C$2.2M, Net realized losses on disposal of digit increase from C$0K to C$657K. Net Income reflects Transaction costs decrease of 45% to C$34K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $20.54M as of Dec 31, 2023
Annual revenue (TTM): $5.09M as of Dec 31, 2023
EBITDA (TTM): $1.76M as of Dec 31, 2023
Net annual income (TTM): $1.61M as of Dec 31, 2023
Free cash flow (TTM): -$0.64M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 52,078,493 as of Apr 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization