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NowVertical Group Inc. (V:NOW)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: 545 King Street West
Toronto ON M5V 1M1
Tel: N/A
Website: https://www.nowvertical.com
IR: See website
Key People
N/A    
Business Overview
NowVertical Group Inc. is a vertical intelligence (VI) software and solutions company. The Company delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. The Company services small, medium and large organizations to conduct vertically intelligent (VI) transformations through industry-specific software and services. The Company's segments include Technology and Solutions. Its products include NOW Fusion, NOW DataBench, NOW Privacy and NOW Affinio for Snowflake. NOW Fusion transforms data into a standards-based, extensible format and incorporates data cleansing and validation procedures. NOW DataBench is a data science platform developed to level the analytic playing field and help users with a complete set of tools. NOW Affinio unlocks meaningful patterns and relationships across social data, allowing users to understand and visualize audiences through their shared interests and affinities.
Financial Overview
For the nine months ended 30 September 2023, NowVertical Group Inc revenues increased from $18.6M to $45.6M. Net loss applicable to common stockholders decreased 49% to $3.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Contingent compensation related to acqui decrease of 78% to $231K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $27.59M as of Sep 30, 2023
Annual revenue (TTM): $73.96M as of Sep 30, 2023
EBITDA (TTM): -$0.77M as of Sep 30, 2023
Net annual income (TTM): -$9.08M as of Sep 30, 2023
Free cash flow (TTM): -$12.36M as of Sep 30, 2023
Net Debt Last Fiscal Year: $20.88M as of Sep 30, 2023
Shares outstanding: 77,804,862 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization