Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

International Zeolite Corp. (V:IZ)

Business Focus: Commodity Chemicals (NEC)

Sector:  Basic Materials Industry:  Commodity Chemicals
 
See Regulatory Filings on SEDAR
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. The Company's NEREA product is a revolution in agriculture. 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 industry includes Waste Remediation, Water Filtration & Treatment, Artificial Turf Infill, Traction Control and Construction.
Financial Overview
For the nine months ended 31 March 2023, International Zeolite Corp revenues increased 12% to C$600K. Net loss applicable to common stockholders increased 18% to C$775K. Revenues reflect sales increase of 6% to C$566K, Commissions and others increase of 12% to C$2K. Higher net loss reflects Administrative increase of 23% to C$330K (expense), Selling expenses increase of 41% to C$159K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.65M as of Mar 31, 2023
Annual revenue (TTM): $0.74M as of Mar 31, 2023
EBITDA (TTM): -$0.81M as of Mar 31, 2023
Net annual income (TTM): -$0.95M as of Mar 31, 2023
Free cash flow (TTM): -$0.60M as of Mar 31, 2023
Net Debt Last Fiscal Year: $1.28M as of Mar 31, 2023
Shares outstanding: 42,406,962 as of Mar 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization