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Nexoptic Technology Corp. (V:NXO)

Business Focus: IT Services & Consulting (NEC)

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: 409 Granville Street, Suite 1500
VANCOUVER BC V6C 1T2
Tel: 1-604-6697330
Website: https://www.nexoptic.com
IR: See website
Key People
Paul T. McKenzie
President, Chief Executive Officer, Director
Patrick Rueben
Chief Financial Officer
 
Business Overview
NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. The Company's primary focus is its AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis is a machine-learning AI suite providing instant enhancement to images and videos in the areas of edge processing, shutter speed, resolution and sharpness, image-noise and motion-blur, and image color and detail. Aliis processes raw images and video in real time, working pixel-by-pixel to characteristics, such as resolution, lighting, sharpness and contrast. Its DoubleTake technology features both wide-angle and telephoto cameras, allowing near-instant spotting and zooming capabilities. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.
Financial Overview
For the nine months ended 30 September 2023, Nexoptic Technology Corp revenues was not reported. Net loss decreased 48% to C$1.6M. Lower net loss reflects Share-based payments decrease of 77% to C$192K (expense), Stock-based Compensation in R&D decrease of 67% to C$117K (expense), Consulting Fees decrease of 68% to C$112K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $4.16M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$2.40M as of Sep 30, 2023
Net annual income (TTM): -$2.38M as of Sep 30, 2023
Free cash flow (TTM): -$2.12M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.01M as of Sep 30, 2023
Shares outstanding: 195,217,675 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization