Sector: Technology | Industry: Software |
Company Contact | |
Address: | 370-3553 31 St NW CALGARY AB T2L 2K7 |
Tel: | 1-403-6633322 |
Website: | https://www.icesoft.com |
IR: | See website |
Key People | ||
Brian McKinney President, Chief Executive Officer, Director | David Gordon Chief Financial Officer |
Business Overview |
ICEsoft Technologies Canada Corp. is a Canada-based software as a service (SaaS) company. The Company is engaged in providing critical enterprise software solutions for desktop and mobile enterprise. The Company develops and licenses a comprehensive suite of Web technologies and SaaS solutions for both enterprise and government clients. The Company primary products consist of its Clickware product, ICEfaces, and the SaaS-based Voyent Alert! Notification Service, which is licensed to government and enterprise clients on a subscription basis. ICEfaces provides component libraries and push technologies that enable companies to mobilize their Java EE applications. Voyent Alert! is a communication platform specifically designed to meet the needs of small to medium sized municipalities, regional governments and school districts. The flexible platform serves the dual purpose of alerting and advising residents during a critical incident and providing targeted day-to-day communication services. |
Financial Overview |
For the nine months ended 30 September 2023, ICEsoft Technologies Canada Corp revenues increased 22% to C$1.3M. Net loss decreased 38% to C$545K. Revenues reflect Subscription income increase of 20% to C$1.3M, Other increase from C$17K to C$39K. Lower net loss reflects Sales, Marketing, & Operations decrease of 53% to C$208K (expense), Research and development decrease of 19% to C$687K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.67M as of Sep 30, 2023 |
Annual revenue (TTM): | $1.74M as of Sep 30, 2023 |
EBITDA (TTM): | -$0.45M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.87M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.65M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $0.93M as of Sep 30, 2023 |
Shares outstanding: | 224,232,051 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |