Sector: Technology | Industry: Software |
Company Contact | |
Address: | 49 Wellington St E Suite 301 TORONTO ON M5E 1C9 |
Tel: | N/A |
Website: | https://lifespeak.com |
IR: | See website |
Key People | ||
Nolan Bederman Executive Chairman of the Board | Michael Held President, Chief Executive Officer, Founder, Director | Michael Mckenna Chief Financial Officer, Secretary |
Stewart Doma Director - Finance, Treasurer | Stanley Bergman Managing Director - Sales |
Business Overview |
LifeSpeak Inc. is a software-as-a-service provider of digital mental, physical, and total wellbeing resources through the Company's software-as-a-service platforms, utilizing content developed by the Company. It provides a whole-person wellbeing solution for employers, health plans, and other organizations. The Company's portfolio of solutions includes LifeSpeak Mental Health & Resilience, LIFT session Fitness, ALAViDA Substance Use, Torchlight Parenting & Caregiving, and Wellbeats Wellness. The Company's solutions include digital mental health learning resources; physical wellbeing resources; caregiver support resources, and digital cognitive behavioral therapy (CBT) health solutions for substance use disorders (SUD). Its digital fitness platform, delivered through its Wellbeats and LIFT session brands, is designed to promote employees' physical health by offering an on-demand workout library, automated and live sessions in areas, including general fitness, mindfulness, and cardio. |
Financial Overview |
For the six months ended 30 June 2023, Lifespeak Inc revenues increased 27% to C$26.6M. Net loss decreased 70% to C$6.6M. Revenues reflect United States segment increase of 49% to C$16.7M, Canada segment increase of 3% to C$9.8M. Lower net loss reflects Acquisition and other costs decrease from C$7.7M (expense) to C$0K, Share-based compensation decrease of 51% to C$2.9M (expense). |
Employees: | 158 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $108.51M as of Jun 30, 2023 |
Annual revenue (TTM): | $53.08M as of Jun 30, 2023 |
EBITDA (TTM): | $4.64M as of Jun 30, 2023 |
Net annual income (TTM): | -$31.71M as of Jun 30, 2023 |
Free cash flow (TTM): | $7.12M as of Jun 30, 2023 |
Net Debt Last Fiscal Year: | $80.17M as of Jun 30, 2023 |
Shares outstanding: | 50,842,573 as of Jun 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |