Memex Inc. (V:OEE)
Business Focus: Software (NEC)
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | 880 Laurentian Drive Unit #2 BURLINGTON ON L7N 3V6 |
| Tel: | N/A |
| Website: | https://www.memex.ca |
| IR: | See website |
| Key People | ||
| David Ronald Mcphail President, Chief Executive Officer, Director | Edward A. Crymble Chief Financial Officer, Company Secretary, Director | |
| Business Overview |
| Memex Inc. is a Canada-based company, which is an Industry Internet of Things (IIoT) company. The Company's segments include Software licensing, Hardware, and Support services and installation. Its flagship product, MERLIN Tempus, is a software-driven communications platform that delivers manufacturing productivity metrics, including Overall Equipment Effectiveness (OEE) in real time. MERLIN measures and analyzes manufacturing and production performance and provides its users with real-time insights on operational efficiency, as well as unparalleled visibility at all levels of the manufacturing process. Its MOMs Software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP and Ax2245 ScanGun Bar Code Scanner. Its IIoT hardware products include MERLIN MTC-One and Merlin Adapter for Siemens SINUMERIK 840D. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC and more. |
| Financial Overview |
| For the nine months ended 30 June 2023, Memex Inc revenues decreased 4% to C$1.6M. Net loss decreased 69% to C$136K. Revenues reflect Software licensing segment decrease of 16% to C$900K, Hardware segment decrease of 30% to C$101K, Canada segment decrease of 53% to C$81K, Other segment decrease of 47% to C$28K. Lower net loss reflects Selling and marketing decrease of 35% to C$330K (expense), Administration decrease of 10% to C$641K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1.59M as of Jun 30, 2023 |
| Annual revenue (TTM): | $2.08M as of Jun 30, 2023 |
| EBITDA (TTM): | -$0.00M as of Jun 30, 2023 |
| Net annual income (TTM): | -$0.14M as of Jun 30, 2023 |
| Free cash flow (TTM): | -$0.07M as of Jun 30, 2023 |
| Net Debt Last Fiscal Year: | $0.97M as of Jun 30, 2023 |
| Shares outstanding: | 137,622,995 as of Jun 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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