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 |