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NetCents Technology Inc. (C:NC)

Business Focus: Transaction & Payment Services

Sector:  Industrials Industry:  Business Support Services
 
Company Contact
Address: MNP Tower, 1021 W. Hastings, 9th Fl.
VANCOUVER BC V6B 5C6
Tel: N/A
Website: https://net-cents.com
IR: See website
Key People
Clayton Moore
Chief Executive Officer, Founder, Director
Christopher P. Cherry
Chief Financial Officer, Director
Jennifer Lowther
Chief Revenue Officer, Independent Director
Business Overview
NetCents Technology Inc. is a Canada-based company, which offers merchants, partners, and users an entire cryptocurrency ecosystem by providing full payment integration, instant settlements, and security. It provides eCommerce Payments, In-Store Payments and Instant Settlements. The eCommerce Payments, which includes shopping cart plugins, hosted payment page, API integrations or via email with invoicing. It also provides a transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency payments into their business without taking on the risk or volatility of the crypto market. It supports merchant cryptocurrency transactions in 55 countries and 33 fiat currencies.
Financial Overview
For the fiscal year ended 31 October 2020, Netcents Technology Inc revenues increased from C$89K to C$271K. Net loss increased from C$6.7M to C$21.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Share-based payments increase from C$1.4M to C$9.8M (expense), Consulting fees increase from C$515K to C$5.1M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $76.00M as of Oct 31, 2020
Annual revenue (TTM): $0.27M as of Oct 31, 2020
EBITDA (TTM): -$20.90M as of Oct 31, 2020
Net annual income (TTM): -$21.19M as of Oct 31, 2020
Free cash flow (TTM): -$4.14M as of Oct 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 110,071,173 as of Apr 14, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization