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
$432/ 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.

OOOOO Entertainment Commerce Limited (V:OOOO)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: C/O 1000 925 West Georgia Street
VANCOUVER BC V6C 3L2
Tel: N/A
Website: N/A
IR: N/A
Key People
Joanne Yan
Chief Executive Officer, Director
Jin Kuang
Chief Financial Officer, Corporate Secretary, Director
Tom Judge
Chief Operating Officer
Business Overview
OOOOO Entertainment Commerce Limited is a Canada-based company that operates a technology platform that enables retailers, brands and entrepreneurs to share product-based content directly to consumers through live, interactive shoppable videos. The OOOOO video marketplace software can be delivered to end customers via a native app (iOS, Android) or through the mobile Web. The Company has two technology offerings: The first offering is a full video commerce solution, which can be branded to suit a partner with suitable language and currency and has been used in the United Kingdom, Brazil, Italy and the Middle East, and the second offering is a lighter, Web-based commerce solution that allows partners to crowd source video content by approved creators, and capture sales on their own commerce platforms.
Financial Overview
For the nine months ended 31 July 2023, OOOOO Entertainment Commerce Ltd revenues decreased from C$358K to C$0K. Net loss decreased 92% to C$968K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative expenses - Ba decrease of 86% to C$551K (expense), Share-based compensation decrease of 97% to C$100K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.95M as of Jul 31, 2023
Annual revenue (TTM): $-0.01M as of Jul 31, 2023
EBITDA (TTM): $0.13M as of Jul 31, 2023
Net annual income (TTM): $0.68M as of Jul 31, 2023
Free cash flow (TTM): -$1.26M as of Jul 31, 2023
Net Debt Last Fiscal Year: $1.86M as of Jul 31, 2023
Shares outstanding: 65,588,717 as of Dec 13, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization