Sector: Industrials | Industry: Business Support Services |
Company Contact | |
Address: | 333 Bay Street, Suite 1700 TORONTO ON M5H 2R2 |
Tel: | N/A |
Website: | https://themintcorp.com |
IR: | See website |
Key People | ||
Vishy Karamadam President and Chief Executive Officer, Director | Yongbiao Ding Chief Financial Officer |
Business Overview |
The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name. |
Financial Overview |
For the nine months ended 30 September 2023, Mint Corp revenues was not reported. Net loss totaled C$240K vs. income of C$30.8M. Net loss reflects Gain on settlement of debts decrease from C$32.2M (income) to C$0K, General and administrative expenses increase of 7% to C$240K (expense). |
Employees: | 84 as of Dec 31, 2013 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.32M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | $13.45M as of Sep 30, 2023 |
Net annual income (TTM): | -$1.93M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.23M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 235,876,725 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |