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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., inc. (T:KSI)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
Company Contact
Address: Unit 7,Castletroy Park Business Centre,
Tel: 1-902-4502660
IR: See website
Key People
Edmund Ryan
Chief Executive Officer, Director
Brian Ahearne
Co-Founder, Chief Information Officer
Hugh Kavanagh
Chief Financial Officer
Fiona Mccarthy
Chief People and Culture Officer
Jacob Hahn Michelsen
Senior Vice President - Global Sales & Marketing
Keith Holmes
Chief Technical Officer
Kevin Fitzgerald
Chief Product Officer, Director
Business Overview, inc. develops and markets the Kneat Gx software-as-a-service (SaaS) platform. It designs, develops and supplies software for data and document management within regulated environments. The Company's focus is to service the facilities, equipment and computer systems (CSV) validation market initially within the global life sciences industry. The Company's product is Kneat Gx, a configurable, off-the-shelf application focused on validation lifecycle management and testing primarily within the life sciences industry. Kneat Gx provides a compliant digital solution that enables companies in the life sciences industry to become efficient and compliant with an automated process that has traditionally been manual, inefficient and paper-based. Its various validation processes include electronic logbook management, analytical instrument validation, utility and facility validation, process validation, method validation and equipment validation, cold chain validation, and others.
Financial Overview
For the fiscal year ended 31 December 2023, Inc revenues increased 44% to C$34.2M. Net loss increased 54% to C$14.1M. Revenues reflect SaaS license fees segment increase of 73% to C$30.1M, Northern America segment increase of 31% to C$22.9M, Europe segment increase of 83% to C$11.1M. Higher net loss reflects Sales and marketing increase of 62% to C$13.8M (expense), Research and development increase of 43% to C$15.8M (expense).
Employees: 293 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $325.43M as of Dec 31, 2023
Annual revenue (TTM): $34.22M as of Dec 31, 2023
EBITDA (TTM): -$6.14M as of Dec 31, 2023
Net annual income (TTM): -$14.12M as of Dec 31, 2023
Free cash flow (TTM): -$18.43M as of Dec 31, 2023
Net Debt Last Fiscal Year: $12.92M as of Dec 31, 2023
Shares outstanding: 84,462,718 as of Feb 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization