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Prophecy DeFi Inc. (C:PDFI)

Business Focus: Merchant Banks

Sector:  Financials Industry:  Investment Banking & Brokerage Services
 
Company Contact
Address: 87 Scollard Street, Suite 100
TORONTO ON M5R 1G4
Tel: 7-495-2324041
Website: https://prophecydefi.com
IR: See website
Key People
N/A    
Business Overview
Prophecy DeFi Inc. is a Canada-based company, which provides retail and institutional investors with access to the decentralized finance sector by bridging the gap between DeFi and traditional finance. The Company invests its funds for the purpose of generating returns from capital appreciation and income. The Company invests in diverse DeFi and Web 3.0 startups to create new business opportunities in a coherent ecosystem.
Financial Overview
For the nine months ended 30 September 2023, Prophecy DeFi Inc revenues decreased from C$558K to -C$22K. Net loss decreased 66% to C$2.8M. Revenues reflect Fee income decrease from C$611K to C$0K. Lower net loss reflects Unrealized loss on digital currencies decrease from C$3.1M (expense) to C$0K, Realized loss on digital currencies decrease of 62% to C$1.3M (expense), Promotional decrease of 97% to C$13K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $7.35M as of Sep 30, 2023
Annual revenue (TTM): $0.24M as of Sep 30, 2023
EBITDA (TTM): -$5.63M as of Sep 30, 2023
Net annual income (TTM): -$26.67M as of Sep 30, 2023
Free cash flow (TTM): -$2.10M as of Sep 30, 2023
Net Debt Last Fiscal Year: $5.02M as of Sep 30, 2023
Shares outstanding: 132,847,212 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization