Ad blocking detected

Thank you for visiting CanadianInsider.com. 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
JOIN THE CLUB

* 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.

MDF Commerce Inc. (T:MDF)

Business Focus: Online Services (NEC)

Sector:  Technology Industry:  Online Services
 
Company Contact
Address: East Tower
1111 Saint-Charles St W Suite 255
LONGUEUIL QC J4K 5G4
Tel: 1-450-4490102
Website: https://www.mdfcommerce.com
IR: See website
Key People
Luc Filiatreault
President, Chief Executive Officer, Director
Deborah Dumoulin
Chief Financial Officer
Pascal Cardinal
President - Ecommerce
Mark Eigenbauer
President - Eprocurement
Julie Belanger
Vice President - Human Resources
Nicolas Vanasse
Vice President, Chief Legal Officer and Corporate Secretary
Patrick Boisvert
Vice President - Information Technology
Julie Pilon
Vice President - Emarketplaces
 
Business Overview
mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.
Financial Overview
For the nine months ended 31 December 2023, mdf Commerce Inc revenues decreased 5% to C$91.9M. Net loss decreased 88% to C$10.1M. Revenues reflect Revenues from rights of use segment decrease of 32% to C$48.3M, Revenues from professional services segment decrease of 41% to C$10.7M, Canada segment decrease of 16% to C$29.1M, Asia and other segment decrease of 2% to C$4.1M.
Employees: 669 as of Mar 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $259.57M as of Dec 31, 2023
Annual revenue (TTM): $123.17M as of Dec 31, 2023
EBITDA (TTM): $11.45M as of Dec 31, 2023
Net annual income (TTM): -$14.07M as of Dec 31, 2023
Free cash flow (TTM): -$3.45M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.16M as of Dec 31, 2023
Shares outstanding: 43,971,000 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization