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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. (V:KSI)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: Unit 7,Castletroy Park Business Centre,
Tel: N/A
IR: See website
Key People
Ian Ainsworth
Independent Chairman of the Board
Edmund Ryan
Chief Executive Officer, Director
Hugh Kavanagh
Chief Financial Officer
Kevin Fitzgerald
Chief Product Officer, Director
Brian Ahearne
Director of Quality
Business Overview Inc, formerly Fortune Bay Corp, is a Canada-based software company, which develops and markets the Kneat Gx software platform. Kneat Gx software platform enables an end-to-end paperless process for all validations, commissioning and qualification, production execution and quality document management. The platform Kneat Gx allows users to electronically create, approve and execute all deliverables, manage any exceptions and post approve final deliverables in a controlled FDA 21 CFR Part 11 compliant platform. Users with correct permissions can see everything in real time. Customer case studies are reporting productivity improvements in excess of 100% and a higher compliance standard.
Financial Overview
For the three months ended 31 March 2021, Kneat.comInc revenues increased from C$955K to C$2.4M. Net lossincreased from C$465K to C$4.1M. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Higher net lossreflects Foreign exchange loss (gain) increase from C$1.5M(income) to C$2M (expense), Research and developmentincrease of 64% to C$1.7M (expense).
Employees: 132 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $236.59M as of Mar 31, 2021
Annual revenue (TTM): $8.82M as of Mar 31, 2021
EBITDA (TTM): -$3.15M as of Mar 31, 2021
Net annual income (TTM): -$9.30M as of Mar 31, 2021
Free cash flow (TTM): -$9.84M as of Mar 31, 2021
Net Debt Last Fiscal Year: $2.05M as of Mar 31, 2021
Shares outstanding: 76,535,248 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization