Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

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.

LQWD Technologies Corp. (V:LQWD)

Business Focus: Blockchain Technology (Software)

Sector:  Technology Industry:  Blockchain & Cryptocurrency
Company Contact
Address: 1710 - 1050 West Pender Street
Tel: N/A
IR: See website
Key People
Business Overview
LQWD Technologies Corp. is a Canada-based Bitcoin lightning network company. The Company is focused on developing various Web-based platforms, solutions, and applications. The Company's Lightning Network represents a cutting-edge layer two payment infrastructure constructed atop the Bitcoin blockchain, which facilitates immediate payments. Its Bitcoin Lightning Network has the capability to process millions of instantaneous transactions per second. The Company holds approximately 100 Bitcoin, and it uses it to establish nodes and payment channels on the Lightning Network, and to operate decentralized applications. The Company provides an opportunity to participate in technological advancement in the financial market, bitcoin as an asset, and enterprise grade Lightning Network infrastructure. The Company is a network node operator, and the nodes are positioned to process transactions routed through its network.
Financial Overview
For the fiscal year ended 29 February 2024, LQWD Technologies Corp revenues decreased 90% to C$1K. Net loss decreased 79% to C$2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Gain (loss) on revaluation of digital cu increase from C$3.2M (expense) to C$3.2M (income), Stock-based Compensation in SGA decrease of 85% to C$135K (expense).
Employees: 9 as of Feb 28, 2022
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$1.11M as of Feb 29, 2024
Net annual income (TTM): -$2.02M as of Feb 29, 2024
Free cash flow (TTM): -$1.03M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 13,020,026 as of Jun 24, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization