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International Zeolite Corp. (V:IZ)

Business Focus: Commodity Chemicals (NEC)

Sector:  Basic Materials Industry:  Commodity Chemicals
 
Company Contact
Address: #2704-401 Bay Street
TORONTO ON M5H 2Y4
Tel: N/A
Website: https://internationalzeolite.com
IR: See website
Key People
L. Raymon Paquette
President, Chief Executive Officer, Director
Hatem Kawar
Chief Financial Officer
 
Business Overview
International Zeolite Corp. is a Canada-based minerals company. The Company is focused on exploration and development of mineral properties. The Company is also focused on the development, marketing, and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. The Company operates through two reporting segments, which are the exploration and development segment, and the retail and commercial sales segment. Its products include NEREA and Natural Zeolite. NEREA is a revolution in agriculture, which is used as a base for growing crops. It has various applications across industries, including agriculture and industries. Its application in agriculture includes odour control, soil amendment, animal feed and water treatment & filtration. Its application within the industrial industry includes waste remediation, water filtration & treatment, artificial turf infill, traction control and construction.
Financial Overview
For the six months ended 31 December 2023, International Zeolite Corp revenues decreased 25% to C$361K. Net loss decreased 4% to C$382K. Revenues reflect Exploration & Development segment decrease from C$1K to C$0K. Lower net loss reflects Share-based compensation decrease of 84% to C$16K (expense), Selling and distribution expenses decrease of 49% to C$72K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.11M as of Dec 31, 2023
Annual revenue (TTM): $0.50M as of Dec 31, 2023
EBITDA (TTM): -$0.85M as of Dec 31, 2023
Net annual income (TTM): -$1.74M as of Dec 31, 2023
Free cash flow (TTM): -$0.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.46M as of Dec 31, 2023
Shares outstanding: 42,406,962 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization