Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | 550 Burrard St. Suite 2900 Vancouver BC V6C 0A3 |
Tel: | N/A |
Website: | https://www.inx.co |
IR: | See website |
Key People | ||
Shy Datika President, Chief Executive Officer, Founder, Director | Alan Silbert CEO - North America, Secretary, Director | Itai Avneri Deputy Chief Executive Officer, Chief Operating Officer |
Renata Szkoda Chief Financial Officer | Paz Diamant Chief Technology Officer | Keren Avidar Global General Counsel |
Jonathan Azeroual Chief Blockchain Officer | James Crossley Director of Business Development | Maia Naor Chief Product Officer | Vlad Uchenik Chief Compliance Officer of INXS |
Business Overview |
The INX Digital Company, Inc. is engaged in the operation and ongoing development of integrated and regulated solutions for trading blockchain assets. Its INX.One trading platform is designed to help customers automate and coordinate front-office trading functions, middle-office risk management and reporting functions, as well as operations and accounting functions. The Company charges a fee at the transaction level. The transaction fee is calculated based on volume, which varies as a result of the value of the transaction. The Company operates through two segments: Digital assets and Brokerage. The Digital assets segment offers integrated, regulated solutions for trading blockchain assets that includes a digital asset trading platform, a security token trading platform, and other services and products related to the trading of digital assets. The Brokerage segment facilitates financial transactions between financial institutions and offers a full range of brokerage services to banks. |
Financial Overview |
For the nine months ended 30 September 2023, INX Digital Company Inc revenues increased from $3.5M to $10.5M. Net loss totaled $31.9M vs. income of $178.2M. Revenues reflect Brokerage Segment increase of 32% to $3.7M, Digital Assets Segment increase of 2% to $722K. Net loss reflects Other Non Operating I/E decrease from $112.7M (income) to $8K (expense), Other Operating Expense increase from $7.3M (income) to $406K (expense). |
Employees: | 6 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1.89M as of Sep 30, 2023 |
Annual revenue (TTM): | $27.43M as of Sep 30, 2023 |
EBITDA (TTM): | -$24.94M as of Sep 30, 2023 |
Net annual income (TTM): | -$2.69M as of Sep 30, 2023 |
Free cash flow (TTM): | -$19.82M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 233,450,643 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |