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DeepMarkit Corp. (V:MKT)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 202, 615 - 15th Avenue SW
Tel: N/A
IR: See website
Key People
Ranjeet Sundher
President, Director
Darold H. Parken
Chief Executive Officer, Director
Sandra Genereux
Chief Financial Officer
Jack Bogart
Chief Technology Officer
Nichole Desrosiers
Chief Marketing Officer
Alex Gault
Vice President - Sales and Marketing
Business Overview
Deepmarkit Corp, formerly Challenger Deep Resources Corp, is a Canada-based company that is engaged in the development and operation of a digital marketing/promotions platform for retailers and other businesses. The Company offers a range of promotion products and services providing an additional marketing and advertising opportunity to consumer-facing businesses. The promotion products and services focus on providing game driven experiences, supporting various promotion models, including sweepstakes, giveaways and contests. The Company utilizes the Agile software development methodology and leverages a range of technologies, including Hypertext Markup Language 5 (HTML5) for client-side experience and Java for server-side processing, to deliver promotions experience to businesses and consumers. The Company's products and services are distributed digitally through a number of channels, including desktop computers, laptop computers, smart phones and tablets.
Financial Overview
For the six months ended 30 June 2020, DeepMarkit Corp revenues decreased 10% to C$4K. Net loss decreased 20% to C$306K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative decrease of 76% to C$35K (expense), Professional fees decrease of 43% to C$10K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.29M as of Jun 30, 2020
Annual revenue (TTM): $0.01M as of Jun 30, 2020
EBITDA (TTM): -$0.34M as of Jun 30, 2020
Net annual income (TTM): -$0.61M as of Jun 30, 2020
Free cash flow (TTM): -$0.35M as of Jun 30, 2020
Net Debt Last Fiscal Year: $1.82M as of Jun 30, 2020
Shares outstanding: 17,745,967 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization