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Jackpot Digital Inc. (V:JP)

Business Focus: Internet Gaming

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Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 570 Granville St Suite 400
VANCOUVER BC V6C 3P1
Tel: N/A
Website: https://www.jackpotdigital.com
IR: See website
Key People
Jacob H. Kalpakian
Chairman of the Board, President, Chief Executive Officer
Neil Spellman
Chief Financial Officer, Director
 
Business Overview
Jackpot Digital Inc., formerly Las Vegas From Home.com Entertainment Inc., is a developer and provider of electronic table games. The Company is also a software developer and provider for online and mobile gaming platforms. The Company's segments include Electronic Gaming Tables and Licensing Gaming Software. The Company has developed and deployed its Hypertext Markup Language 5 (HTML5) mobile game suite to Carnival Corporation's cruise ships. The Company's HTML5 mobile game suite allows users to play directly on the Web browser of smart phones and tablets. The Company's Derby Draft fantasy sports site is a horse racing contest Website and mobile application, where players select real horses and compete with other players around the world. The Company's multiplayer poker platform offers various poker products, including Fixed Limit, Pot Limit and No-Limit Texas Hold'em, Fast Fold Poker and Chinese Poker (13 Card Poker). It offers 90 Ball Bingo games, which are online bingo games.
Financial Overview
For the three months ended 31 March 2019, Jackpot Digital Inc revenues increased 11% to C$619K. Net loss decreased 16% to C$1.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Foreign exchange loss (gain) decrease from C$225K (expense) to C$132K (income), Rent, office and miscellaneous decrease of 22% to C$108K (expense).
Employees: 7 as of Dec 31, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $9.92M as of Mar 31, 2019
Annual revenue (TTM): $2.17M as of Mar 31, 2019
EBITDA (TTM): -$2.94M as of Mar 31, 2019
Net annual income (TTM): -$3.30M as of Mar 31, 2019
Free cash flow (TTM): -$2.49M as of Mar 31, 2019
Net Debt Last Fiscal Year: $6.80M as of Mar 31, 2019
Shares outstanding: 64,396,562 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization