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
$500/ 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.

Neptune Digital Assets Corp. (V:NDA)

Business Focus: Blockchain & Cryptocurrency (NEC)

Sector:  Technology Industry:  Blockchain & Cryptocurrency
 
Company Contact
Address: Suite 2700
The Stack, 1133 Melville Street,
VANCOUVER BC V6E 4E5
Tel: N/A
Website: https://neptunedigitalassets.com
IR: See website
Key People
Cale J. Moodie
Chairman of the Board, President, Chief Executive Officer
Carmen To
Chief Financial Officer, Director
Kalle Radage
Chief Operating Officer, Corporate Secretary, Director
Business Overview
Neptune Digital Assets Corp. is a Canada-based blockchain company. The Company is engaged in the business that builds, owns, and operates digital currency infrastructure assets. It provides cryptocurrency and blockchain infrastructure with operations across the digital asset ecosystem, including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies. The green Bitcoin mining is focused on using renewable energy, such as solar, hydro, and wind to power its Bitcoin mining operations. Its staking cryptocurrency is the process of validating transactions. The staking involves running software nodes or validators where Neptune is responsible for storing data, processing transactions, and adding new blocks to the blockchain. DeFi removes central controllers and brokers, which facilitates faster and cheaper transactions with no minimum transaction amounts, no paperwork, full transparency, and auditability.
Financial Overview
For the six months ended 29 February 2024, Neptune Digital Assets Corp revenues decreased 9% to C$1M. Net income applicable to common stockholders totaled C$1.4M vs. loss of C$422K. Revenues reflect Revenue Sales of Goods & Services decrease from C$20K to C$0K. Net Income reflects Foreign exchange recovery (loss) decrease from C$535K (expense) to C$60K (income), Unrealized gain on investments in equity increase from C$1K to C$582K (income).
Employees: 3 as of Aug 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $26.77M as of Feb 29, 2024
Annual revenue (TTM): $2.22M as of Feb 29, 2024
EBITDA (TTM): -$1.58M as of Feb 29, 2024
Net annual income (TTM): -$3.34M as of Feb 29, 2024
Free cash flow (TTM): -$3.33M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 127,836,596 as of Mar 4, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization