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Lifestyle Delivery Systems Inc. (C:LDS)

Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: West, 1130 Pender St W
VANCOUVER BC V6E 4A4
Tel: N/A
Website: https://lifestyledeliverysystem.com
IR: See website
Key People
Casey Fenwick
President
Brad Eckenweiler
Chief Executive Officer, Director
Yanika S. Silina
Chief Financial Officer, Corporate Secretary
John Sanderson
Chief Scientific Officer
   
Business Overview
Lifestyle Delivery Systems Inc., formerly Kariana Resources Inc. (Kariana), is a Canada-based company, which is engaged in development and licensing of technologies that produce oral delivery systems. The Company's oral delivery systems can be used for energy elixirs, herbal remedies and a smokeless alternative option to medicinal and recreational users of cannabis. Canna Delivery Systems Inc. is the Company's subsidiary. The Company has not generated any revenue.
Financial Overview
For the three months ended 31 March 2019, Lifestyle Delivery Systems Inc revenues increased from C$0K to C$2.7M. Net income totaled C$1.5M vs. loss of C$2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Gain on marketable securities increase from C$0K to C$4.2M (income), Research and Development decrease of 92% to C$43K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $26.67M as of Mar 31, 2019
Annual revenue (TTM): $6.80M as of Mar 31, 2019
EBITDA (TTM): -$11.81M as of Mar 31, 2019
Net annual income (TTM): -$8.82M as of Mar 31, 2019
Free cash flow (TTM): -$11.11M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 119,741,031 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization