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Lynx Global Digital Finance Corporation (C:LYNX)

Business Focus: Financial Technology (Fintech) (NEC)

Sector:  Technology Industry:  Financial Technology (Fintech)
 
Company Contact
Address: 303 - 595 Howe Street, Null
Vancouver BC V6C 2T5
Tel: N/A
Website: cannaonetechnologies.com
IR: See website
Key People
N/A    
Business Overview
Lynx Global Digital Finance Corporation is a Canada- based financial technology, solutions, and services provider for merchants, financial institutions and other business-to business (B2B) industry partners by way of integration to the Lynx digital payment platform. It offers a digital payment platform with a full suite of payment solutions, which include merchant acquiring solutions; card issuing; remittance and forex; and custodial digital asset services, including digital wallet services. Its card issuance solutions are designed to allow businesses to deploy a variety of cards to consumers which are used to facilitate any number of transaction types or client relationships. Its money transfer solution allows any currency to be sent anywhere and received in any form. Its merchant acquiring solutions allow merchants to accept a range of payment types. It also offers a range of different currencies available and multiple exchange options for its customers.
Financial Overview
For the twelve months ended 31 October 2021, Lynx Global Digital Finance Corp revenues was not reported. Net loss increased from C$686K to C$17.5M. Higher net loss reflects Stock based compensation increase from C$45K to C$6.9M (expense), General and administrative increase from C$47K to C$1.5M (expense), Marketing increase from C$25K to C$1.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.03 to -C$0.19.
Reporting Currency: Canadian Dollars
Enterprise value: $8.09M as of Oct 31, 2021
Annual revenue (TTM): $0.00M as of Oct 31, 2021
EBITDA (TTM): -$13.11M as of Oct 31, 2021
Net annual income (TTM): -$17.48M as of Oct 31, 2021
Free cash flow (TTM): -$6.89M as of Oct 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 115,652,943 as of Dec 2, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization