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ProntoForms Corporation (V:PFM)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEDAR
Company Contact
Address: 250-2500 Solandt Rd
KANATA ON K2K 3G5
Tel: 1-613-2869212
Website: https://www.prontoforms.com
IR: See website
Key People
Alvaro Pombo
President, Chief Executive Officer, Director
David Croucher
Chief Financial Officer
Mansell Nelson
Senior Vice President - Business Development
Glenn Chenier
Chief Product Officer
Michael Kramer
Chief Revenue Officer
 
Business Overview
ProntoForms Corporation is a Canada-based company that researches, develops, and markets mobile business solutions which help customers to automate field sales, field service and field data collection business processes. The Company provides no-code app development platforms for enterprise field teams. Its solution is used to create apps and forms to collect and analyze field data with smartphones and tablets. Its solution capabilities include app and workflow builder, integrations manager, mobile forms app and reporting and analytics. Its ProntoForms application programming interface (API) enables user to connect ProntoForms to systems of record for a range of business processes, such as field service management; environmental, health and safety; enterprise asset management; asset performance management; fleet management; quality management, and sales enablement. It serves various industries, such as heavy manufacturing, medical device manufacturing, oil and gas, and utilities.
Financial Overview
For the nine months ended 30 September 2022, ProntoForms Corp revenues increased 10% to $15.7M. Net loss increased 17% to $3.9M. Revenues reflect United States segment increase of 7% to $10.4M, Europe segment increase of 30% to $1.7M. Higher net loss reflects Selling and marketing - Balancing value increase of 18% to $8.5M (expense), Share-based compensation increase from $101K to $378K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $49.96M as of Sep 30, 2022
Annual revenue (TTM): $27.83M as of Sep 30, 2022
EBITDA (TTM): -$6.05M as of Sep 30, 2022
Net annual income (TTM): -$6.74M as of Sep 30, 2022
Free cash flow (TTM): -$5.06M as of Sep 30, 2022
Net Debt Last Fiscal Year: $0.18M as of Sep 30, 2022
Shares outstanding: 132,739,871 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization