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 |